Kirkland inventory, pending sales, and home prices have all increased during the month of June compared to a year ago, according to the latest report from Northwest Multiple Listing Service. The same report, which covers 23 counties in Washington state, shows year-over-year drops area-wide in both the volume of new listings and closed sales, giving buyers some relief this summer.
In today’s hectic world, stress is always present. Your home contributes a lot to how you feel once you walk in the door; It will either nurture you and promote positive thoughts or overwhelm you, leaving you exhausted. So, it is important to create an environment within your home that is calm and peaceful, allowing you to recharge your energy and help you lead a happy life. Here are nine tips for creating your own calm and peaceful sanctuary at home.
One of the best things about Summer in the Pacific Northwest is being able to enjoy time outside. The beautiful weather this time of year far makes up for the dreary Seattle winters, and it means we appreciate the sunshine more than anyone else! This summer, don’t limit yourself when it comes to home decorating- and take the comfort of our indoors outside with these seven outdoor decorating ideas.
Sustainability has emerged as a definite trend in home design and renovation projects. Below we have outlined a collection of top-trending materials and designs for you to consider as you begin your remodel or design process to decrease your carbon footprint and breathe a “green” element into your daily lifestyle.
Now that we have turned our clocks forward, we are officially on the countdown to spring. That means we are edging ever-closer to blooming flowers, chirping birds and the spring sales season—the busiest time of year for real estate in the Seattle region. If you’re considering making your next move, spring can be a great time to sell. Below we are outlining some key tips to preparing your home for a spring sale.
Washington state is among the strictest in the nation when it comes to new condominium development, which has largely deterred developers in recent years from building any new projects outside of apartments for rent. The reason? Developers don’t want to face costly lawsuits, which have become somewhat of a norm. As Sightline Institute reports, conventional wisdom states that “if you build condos, you’ll get sued.”
Our local real estate market took some interesting turns in 2018, as the frenetic conditions of the first half of the year gave way to a more balanced environment in the third quarter. Data for the fourth quarter of 2018 has arrived, so before we turn our attention to the new year and what lies ahead, let’s take a look at the market trends that closed out 2018.
A question we often receive from sellers as we prepare a home for sale is whether or not to invest in staging. The reality is that our homes are our personal spaces and it is imperative that you edit some—if not all—of the individualized pieces throughout it in order to make room for buyers to envision themselves in your home. Oftentimes this is helpful when you enlist the help of a neutral, third-party. HGTV recently looked at the benefits of staging, making the point that “the moment you commit to marketing your home for sale, you need to commit to transforming your home into a place that potential buyers can easily picture as their home.”
Until recently, the Seattle real estate market headlines didn’t seem to change much, each remarking upon the area’s unprecedented home price growth and highly competitive climate for buyers. The past few months, however, have given way to a slightly different narrative, as increasing inventory and a less frenetic environment have pushed the market closer to a neutral one (though still decidedly in favor of sellers). Below we’ve outlined how these new market trends are playing out in the local real estate market with a look at Realogics Sotheby’s International Realty’s recently released market report for the third quarter of 2018.
With the recent security breaches and increasingly evolving methods of fraud, it’s more important than ever to be vigilant about your personal credit and identity theft. You may remember that recently, after some larger security breaches, the three main credit bureaus, Equifax, TransUnion, and Experian, all were offer credit freezes for a fee. Well, soon, consumers will be able to freeze their accounts without a charge.
An international organization of high profile property professionals, The Counselors of Real Estate® (CRE), recently published a report detailing the most pressing trends and issues affecting real estate. The “Top Ten Issues Affecting Real Estate™ 2018-2019” highlights five short-term and five long-term national and global topics that are having a direct impact on the real estate market. In a quick summary, we wanted to share the issues they thought were most pressing.
While it's true that home prices have continued to rise throughout the Seattle-Metro area, there are also some new and interesting statistics to go along with rising median prices. Realogics Sotheby's International Realty recently released their second-quarter market trends report for 2018 and we wanted to share a few statistics that jumped out at us.
They say a picture's worth a thousand words, and that couldn't be truer when it comes to photos of your home in its real estate listing. Getting your home prepared for the market is no small feat and with new listings popping up at the speed of the internet right into buyers fingertips you want to make sure the first photo they see of your home is as appealing as possible. We've compiled a few projects and tips to help you spruce up your home and get top dollar when you're ready to list!
While the S&P CoreLogics Case-Shiller Home Price Index showed San Francisco and San Diego starting to catch up to Seattle for single-family home prices in the months of September and October 2017, our Puget Sound region ended the 2017 calendar year at a 16th consecutive month leading the nation. "In December, Seattle led the way with a 12.7 percent year-over-year increase," states The S&P Dow Jones official report.
Those who know Kimberleigh King (one half of the WinninghamKing team) know her love of wine and passion for wine collecting; and recently, a special feature popped up on the Sotheby's Realty blog that we just had to share. They curated a special post dedicated to six homes across the globe that boast unique, and well-stocked, wine cellars.
Winter in real estate is notorious for lower inventory, and often lower prices, but it may just be one of the better times of year to buy. Most real estate news during the winter is akin to lowering median prices, a slow in construction, and a dip in overall housing inventory. However, even with all of these things popping up in news headlines across the nation; Seattle's housing market continues to come out on top.
Though many people have probably heard of Bitcoin by now, there are now several types of cryptocurrency. New types you may start hearing more about include: bitcoin cash, ZCash, Monero, Ripple, and Ethereum. They essentially all function the same way; and act as digital funds that are produced in limited quantities and without involvement of a bank or governmental regulations.