It’s been in the news for awhile—mortgage rates are low. And not just low, they’re really low—the lowest they’ve been in more than three years.
But even though rates are low, they do vary from buyer to buyer and you’re not guaranteed the low rate you see posted online. A recent case study by Lending Tree confirmed what expert real estate agents have always passed along to their clients: Comparison shopping is extremely important—no matter how low the rates seem to go.
Read MoreIn Seattle’s hot real estate market, it’s become increasingly difficult to find good investment opportunities. But every once in awhile, a fantastic, turn-key property is brought on the market. Check this out.
Read MoreRealogics Sotheby’s International Realty has released the report for Q4 of 2019, presenting a look at housing market trends from in-city living opportunities to the Eastside’s most distinguished residences.
Read MoreNovember surprised the real estate market with a strong favor for home sellers. The Northwest Multiple Listing Service (NWMLS) released data on the month of November which showed a 7% year-over-year increase in pending sales. This increase across King, Pierce, and Snohomish County jumps to 9.2% when considering mutually accepted offers.
Read MoreAccording to Lawrence Yun of the National Association of Realtors, it’s likely that the sale of new homes will rise to a 13-year high in 2020, jumping 11 percent. This jump is significant even when compared with an anticipated 3.7 percent increase in existing home sales by 2020.
Read MoreSo, you’ve decided to ditch the rent payment and purchase your own home. This is one of the most exciting moments of your life! During all this excitement it can be easy to get swept up in the process, however, there’s important things you should be aware of.
Read MoreRealogics Sotheby’s International Realty has published the third quarter market trends for 2019. This is valuable news you can use! These key insights shed light on unique markets in our region. Here, I’ve highlighted the trends for Eastside single-family homes.
Read MoreA home is where memories are made, where holidays are spent together. That means dinners, home projects, movie nights, backyard BBQ’s and creating an everlasting collection of stories. If you’re thinking about putting that extra space or bedroom to use, consider an entertainment room. There’s plenty of options on how you can arrange it: kids’ playroom, home theater, billiards room, you name it.
Read MoreSummer has come to an end and the Seattle market tends to move at a slower pace as temperatures drop.
Read MoreAs real estate’s hottest season is coming to a close, sellers can take advantage of the last push through busy season by making their homes stand out amongst the crowd. Competition may be up but these tips will make sure you can catch the eye of potential buyers before fall arrives.
Read MoreThe second quarter market report for 2019 has arrived and shows buyers benefiting from more options than in recent years, with a 30 percent surge in inventory.
Read MoreLast weekend, the Sessoms group was thrilled to host “Passport to Luxury,” a showcase of new construction residences, in collaboration with JayMarc Homes and Realogics Sotheby’s International Realty. Due to popular demand, the progressive open house will be running again July 27-28 from noon to 4 p.m.
Read MoreIn the last legislative session, a new graduated Real Estate Excise Tax (REET) structure was implemented which will replace the current 1.28 percent sales tax. The new tiered-structure will feature a variable rate that is based off your property’s value.
Read MoreAs of May 2019, the housing inventory in the Seattle market was just shy of two months. Fewer choices means it will become more difficult finding that perfect home that fits your needs. When you account for older homes on the market that may need updates, eccentric houses that were designed for a specific style, price points, and other factors, this leaves a small pool of homes to adapt to your lifestyle. It’s in these markets that new construction homes become even more of an enticing option for buyers.
Read MoreAt just over 12 percent year-over-year, residential prices in Seattle in July 2018 sustained their rate of increase from June, according to the S&P CoreLogic Case-Shiller Index. The Index showed Las Vegas, Nevada widening its lead nationwide with a twelve-month increase of 13.68 percent. Seattle remained second in the nation at 12.05 percent growth. Competing Pacific Coast gateway cities Los Angeles and San Diego were neck-and-neck, with home price increases of 6.37 percent and 6.18 percent, respectively, while prices in San Francisco rose by 10.8 percent.
Read MoreIn my time as a real estate broker, I’ve come across many clients who have had a hard time deciding between remodeling their current home to fit their needs, or to move to a different home. I encourage my clients to first step back and evaluate their future needs for the home.
Read MoreAccording the NWMLS, King County had more than a month’s supply of homes in May 2018. That’s the first time that this has happened since September 2017! Overall, there was 1.44 months of supply available in May, but a healthy market has four months or more of housing supply.
Read MoreThroughout my career, I have specialized in selling new construction homes. I'm passionate about helping my clients find a home that they love, and in the Seattle-area that can be pretty tough! Here are two excellent reasons to buy a new construction home and why it's so important to have a great real estate agent by your side.
Read MoreMany people have heard of mother-in-law apartments before. These units are attached to a home and are also called Accessory Dwelling Units (ADUs). In the city of Seattle, an ADU is limited to 1,000 square feet in a single-family structure and up to 650 square feet in a rowhouse or townhouse.
Read MoreIn downtown Seattle, and areas near public transit stops, many new apartment buildings do not provide enough parking spaces. Under rules first adopted about a decade ago, apartments built near frequent transit service don’t have to include parking. Many developers are relying on old regulations and aim to drive down their construction costs and build more housing, faster.
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