Seattle King County Real Estate News

Feb. 20, 2018

Change in our Interest Rate!

 

Why do the Fed’s wanting to change our interest rates, let alone raise them?  Because changing the interest rates can stimulate economic growth and fight inflation. While acting may have negative consequences, doing nothing can have a detrimental effect as well.

It is predicted that interest rates will be increasing this Summer. How does this affect homeowners and buyers? If the interest rate is high, living cost, business and investing are also harder to come by. The buyer purchase price will go down, meaning the seller will have less competition for their home, and typically stabilize home prices.

 As a homeowner it is important to be aware of the possible changes, as it can affect us. If interest rates jump as high as 4.8% this Summer, I would say it might be an appropriate time to sell if you are planning to reinvest your funds. From my book of business, 2018 is going to be a transition year. We will have to look closely on when the rise of interest rates will take place. Thanks.

 

For more information on why the Fed changes interest rates, and the effects of changing interest rates visit: https://money.howstuffworks.com/fed-change-interest-rate1.htm

 

I would like to take this time to thank and CONGRATULATE my buyers, sellers and investors for the month of JANUARY.    

 

1/16/2018            Kevin G Marshall

1/18/2018            Grant Slatton Thomas

1/23/2018            Michael Black

 

Happy Home ANNIVERSARY to my seasoned clients for the month of FEBUARY!

 

2/27/2013            Amber Hoffman

2/14/2014            Priscilla Schmidt

2/24/2015            Jasmine Andrea Ramirez

2/5/2016              Chloe Yester

2/12/2016            Alex and Sally Yan

2/18/2016            Kaitlyn Jackson and James Collins

2/3/2017              Dez and Jennine Ellis

2/24/2017            Stephanie Leung

2/28/2017            Priscilla Schmidt

2/28/2017            Andre Gill McVey

 

If you know of anyone looking to buy or sell, please email me and I will gladly assist them. You will receive a $100 gift card at closing. Thank you for your trust. 

Jan. 8, 2018

Update your home without major renovations!

 

Create and open floor plan: Studies show that majority of people prefer a home with an open floor plan. This can be as simple as getting rid of bigger, bulkier furnishings, or moving furnishings around the room to see what placement gives the most open space. If you have a lot of mismatching furniture, try painting them one color. Consider an off-white color this will help it disappear into the room. You can also trick the eye by adding mirrors. A mirror gives the illusion of an open space. Try placing them opposite of windows to reflect light into the room and make the room seem more open.

Add new lighting fixtures: By simply replacing old lighting fixtures to new ones can completely change the look of a space. Try adding fixtures with a sleek modern design. Make sure to also have the right lighting. Adding a floor lamp to an empty dark corner can brighten up the space and make the room appear larger.

Update drawer pulls and door handles: You can give your furniture a unique appeal by switching up the hardware. Mixed metals like bronze, brushed nickel, aged copper are on trend. Not only can you switch up your furniture hardware but try your kitchen cabinetry, even your door knobs can be an excellent choice.

Add easy to install and remove wallpaper: Instead of painting all your walls a vibrant color, try having an accent wall by adding some wallpaper. This can add depth, dimension, and texture to a room.

Add Plants: Try adding a variety of plants throughout your home. This will help make the space more vibrant. Not to mention the health benefits are great, the greener the better!

 

 

I would like to take this time to thank and CONGRATULATE my buyers, sellers and investors for the month of DECEMBER.    

 

12/21/2017     Caitlin Anne Luebbe

12/28/2017     Mark Sieklucki

12/28/2017      Aubre Murray

 

Happy Home ANNIVERSARY to my seasoned clients for the month of JANUARY!

 

1/19/2012       Vijay and Veni Rangarajan

1/09/2013       Jia Zeng and Yen Khong

1/18/2013       Amber Miller

1/25/2013       Steve Lee

1/08/2014       Meghan and Danny Stallings

1/16/2015       Chris Schwendiman

1/20/2015       Jeffrey Ducharme

1/21/2015       Michael Braden

1/22/2016       Kris and Joann Ware

1/09/2017       Cobie Davin

1/19/2017       Sara and Jasen Thomas

 

If you know of anyone looking to buy or sell, please email me and I will gladly assist them. You will receive a $100 gift card at closing. Thank you for your trust. 

Dec. 13, 2017

2018 Real Estate Market and Boomerang Buyers

2018 Real Estate Market and Boomerang Buyers

With a few weeks left to enter the new year, it is critical that we know where to focus our time, energy and money. As a buyer, seller or investor it is important to have an idea of what type of market you’re facing in 2018. From July 2017 through July of 2018, it is predicted that home prices will continue to increase by 5 percent. Mortgage rates are expected to increase as well. Homes will become less affordable, and many will be knocked completely out of the buyer pool. However, the Boomerang Buyers may just make up for the loss of the cash-strapped buyer. According to National Center for Policy Analysis It was estimated that as many as 10 million Americans were forced into foreclosure, the effects of this recession officially ended in June 2009. The waiting period after a foreclosure is around seven years, except for those that were able to cut the wait to three years. With these bankruptcies about to be discharged, or have already been, means we are likely to see an avalanche of homebuyers hitting the market. It’s important to have a plan, make the right financial decisions, and be aware of the changes that are expected to happen as we enter in the new year.

 

Resources: http://www.ncpa.org/sub/dpd/index.php?Article_ID=25643

 

I would like to take this time to thank and CONGRATULATE my buyers, sellers and investors for the month of NOVEMBER.    

 

Jami Armstrong and Katie Auger

Meghan Zech and Gionata Salemme

 

Happy Home ANNIVERSARY to my seasoned clients for the month of DECEMBER!

 

12/03/2010 Jeff Shoffner

12/29/2010 Annie Gu

12/10/2012 Theresa Simolin

12/14/2012 Peter and Connie Gallagher

12/13/2013 Ha Nguyen

12/19/2013 Jeff Powel and Qi Wang

12/24/2013 Denise and Sydney Brown

12/11/2015 Tenzin Ghongpa                                                    

12/18/2015 Stephanie and Andrae Ross

12/23/2015 Caitlin Roper and Anthony Fernandez

12/28/2015 Vu Anh Vo

12/30/2015 Michelle Esteban

12/8/2016 Megan and Stephen Hong

12/16/2016 Nico and Jason Diem

12/16/2016 Arturo Ramirez and Cody McDonald

12/21/2016 Rob Allen and Dorothy Cheng

12/30/2016 Aisyln Angell

If you know of anyone looking to buy or sell, please email me and I will gladly assist them. You will receive a $100 gift card at closing. Thank you for your trust. 

 

Nov. 10, 2017

Reasons why selling your home in the winter season could benefit you.

Reasons why selling your home in the winter season could benefit you.

 

Selling your home during the busy winter season sounds like a hassle, however here are some reasons why listing your home could be a great strategy.

 

1.      Many buyers have been on the hunt to find a home for a while, but with all the competition in the spring and summer time they just haven’t been able to find the right one. Which means you are more likely to find the right buyers who are motivated to buy your house.

 

2.      Other sellers are less likely to list their homes during the winter season. Less homes for sale means less competition. With less competition, you are more likely to get more home tours and offers on your home.

 

3.      Staging can be used to your advantage. Winter season means holiday season. Making your home look cozy, inviting and festive can really make a buyer picture their families celebrating holidays in the home next winter. However, don’t go overboard on decorations. Less means more.

 

 

 

I would like to take this time to thank and CONGRATULATE my buyers, sellers and investors for the month of OCTOBER!

 

Jordan Cox

Greg and Cristine Gunlogson

 

Happy Home ANNIVERSARY to my seasoned clients for the month of NOVEMBER!

 

11/01/2012 Sinri and Shanthi Raghavan

11/28/2012 Joe and Caryl Culumber

11/17/2014 Jennifer Juno

11/06/2015 Peter Tran

11/18/2015 Joe Stone

11/20/2015 Socrates and Kay Kay Chan

11/30/2015 Barbara Watanabe

11/23/2016 Sandy Luckett

11/29/2016 Anthony Saysack

 

If you know of anyone looking to buy or sell, please email me and I will gladly assist them. You will receive a $100 gift card at closing. Thank you for your trust. 

Oct. 19, 2017

The Holiday Season is here!

The Holiday Season is here!

 

With all the busy holiday preparation heading our way, find the time to enjoy the festive activities with family and friends. Here is a list of a few things you should plan to do this Holiday season.

 

 Snowflake Lane at the Bellevue Collection: Enjoy the performance of costumed winter wonderland characters as they march and parade down the street to holiday music and lights.

 Ice Arena: Gather a group of friends and family and make your way down to the Ice skating ring located in Downtown Bellevue.

 KidsQuest’s Gingerbread lane: Make your way to the KidsQuest’s Museum’s Gingerbreads house workshop and build a festive gingerbread home with your kids. Workshop located in the Hyatt Regency Bellevue.

 Celebration Lane:  Bellevue Collection hosts a nightly event Between December 26-31 to celebrate the new year approaching. Join the celebration with music, bright lights and holiday characters.

 

 

I would like to take this time to thank and CONGRATULATE my buyers, sellers and investors for the month of SEPTEMBER.

 

Chris and Emily Merritt

 

Happy Home ANNIVERSARY to my seasoned clients for the month of OCTOBER!

 

10/13/2011 Russ Broeckel

10/5/2012 Nanci and Gary Pickrell

10/29/2013 Henry and Carmen Tran

10/6/2014 Minh Thai Do and Mai Thi Thuy Truong

10/15/2014 Marti Jonjak

10/23/2014 Beb Santo

10/30/2014 John and Sonia Choi

10/2/2015 Albert Torres and Sarah Burai

10/9/2015 Joe and Yuan Uccello

10/9/2015 Elizabeth Joseph

10/22/2015 Duong Thai Do and Thao T. Pham

10/23/2015 James Porter

10/26/2015 Naoki and Laura Iwane

10/11/2016 Mark Siwek and Audrey Udashen

10/11/2016 Katie Benjamin

10/27/2016 Jason and Nico Bonincontri

10/27/2016 Jeff and Jamie Willougby

 

If you know of anyone looking to buy or sell, please email me and I will gladly assist them. You will receive a $100 gift card at closing. Thank you for your trust. 

 

Sept. 19, 2017

We moved to Keller Williams Realty in Bellevue!

We moved to Keller Williams Realty in Bellevue!

After 11 years with our Boutique Brokerage - McAuley Real Estate, I decided to make the BIG move to Keller Williams Realty in downtown Bellevue. We are growing in a manageable pace that we need more support from a well-known reputable firm that will provide our team with additional technological tools, so we can continue to serve our clients well. I am very excited for this next journey of our business and I’m blessed to have you beside us. If you are looking to move, remodel, buy another home, we are here to assist you with all your real estate needs. Thanks.

 

I would like to take this time to thank and CONGRATULATE my buyers, sellers and investors for the month of AUGUST.    

 

Stipe and Jennifer Karacic

Brent and Sandra Jussel

Samuel Tyler Medick – Co-agent

Nelson Rojas – Co-agent

Robert Lee and April Burger

Jeff McMahon

 

Happy Home ANNIVERSARY to my seasoned clients for the month of SEPTEMBER!

 

9/14/2012 Andrey Ishanin and Family

9/09/2013 Miranda Mundt

9/27/2013 Debra Farmer and Robert Kulapaditharom

9/04/2014 Meredith Qiu

9/08/2014 Tony and Chanda Le

9/12/2014 Diane Butler

9/30/2014 Evan Waters

9/16/2015 David Nguyen and Claire Abe

9/02/2016 Colby and Julie Britton

9/15/2016 Melissa Lewis

9/27/2016 Samantha Mountha and Vincent Fabrigas

If you know of anyone looking to buy or sell, please email me and I will gladly assist them. You will receive a $100 gift card at closing. Thank you for your trust. 

 

Aug. 10, 2017

Happy Home Anniversary!

 

I would like to take this time to thank and CONGRATULATE my buyers, sellers and investors for the month of JULY.    

 

Youngji Kim

Michelle Topel

 

 

Happy Home ANNIVERSARY to my seasoned clients for the month of AUGUST!

 

8/3/2012 Railene and Joe Thrasher

8/6/2012 Alison Hale and Family

8/23/2012 Jeff Cohen

8/29/2014 Ryan Cook

8/4/2015 Jerry Flores and Angie Henao

8/7/2015 Cathy Wong

8/18/2015 Kevin Shek

8/20/2015 Wing Ming Chan & Ken Li

8/9/2016 Esther DuRussel

8/15/2016 Alex Yan and Chris Liang

8/19/2016 Sheena Burke

 

 

If you know of anyone looking to buy or sell, please email me and I will gladly assist them. You will receive a $100 gift card at closing. Thank you for your trust. 

July 10, 2017

A Special Thank you!

 

 

I would like to take this time to thank and CONGRATULATE my buyers, sellers and investors for the month of JUNE.    

 

Anders Simmons and Alison Kairis

Debra Farmer and Robert Kulapaditharom

Marie Sears and Ethan Hua

Geoff Kaiser and Jeanne McCarthy-Kaiser

Cyrus Ednesajjad

 

Happy Home ANNIVERSARY to my seasoned clients for the month of JULY!

 

7/12/2011 Pei Ho and Family

7/28/2011 Daniel and Kunthida Matteson

7/12/2013 Alan and Lien Vu

7/26/2013 Jessie Kimes

7/08/2014 Jeremy Frank

7/07/2016 Brian Barker

7/22/2016 Omar Muhammad - Co-agent

7/27/2016 Aster Alconcel - Co-agent

 

If you know of anyone looking to buy or sell, please email me and I will gladly assist them. You will receive a $100 gift card at closing. Thank you for your trust. 

June 27, 2017

The Reason behind Seattle’s limited condo supply!

Seattle is now known to be the Crane Capital due to the ongoing developments in downtown Seattle. The high-rises you see in development are mainly for luxury apartments and office buildings. So why are Seattle’s real estate developers choosing to build these high-rise apartment buildings, instead of condo projects? The answer is risk factors. In 2008, new condo buildings were getting sued over construction problems. Most of these problems could have been resolved quickly by doing repairs, however these problems were taken to be resolved through the court system. For that reason, many developers are not comfortable to take those risks. However, if Washington’s Condominium Act Law is revised, the new law should remove barriers to condo development for developers and still have the protection for the new homeowners. In the meantime, unless there is a bill in Olympia to help change it, we will not be seeing many condo buildings being built in the foreseeable future.

 

I would like to take this time to thank and CONGRATULATE my buyers, sellers and investors for the month of May.    

 

 

Rachel Chichowski & Edward Rejzek

John Peeler

Hyunjun Kim

Hassan Ouassou & Hasna Charbadoui

 

Happy Home ANNIVERSARY to my seasoned clients for the month of June!

 

6/28/2012 Jeffrey Ducharme

6/29/2012 James Kendle

6/18/2013 Jason Dempsey

6/21/2013 Emma Buneci & Saul T. Amezcua

6/25/2013 Chao Zhang

6/30/2014 Mark & Teresa Friden

6/03/2015 Robert S Kulapaditharom & Debra V Farmer

6/15/2015 Jarrell Taurean Nelson & Andrea Amber Hodges

6/23/2015 Sang Ho Lim

6/35/2015 David Jernberg & Christina Ferguson

6/15/2016 Sakhon Hang & Sourn Leng

6/16/2016 Gabriella Hong

6/17/2016 Tom & Shirley Short

6/28/2016 Raymond Chan

If you know of anyone looking to buy or sell, please email me and I will gladly assist them. You will receive a $100 gift card at closing. Thank you for your trust. 

 

 

May 27, 2017

How much has your Home Market Value Increased?

Although this year’s real estate market hasn’t changed drastically from last year, the lack of supply continues to boost home prices. Northwest MLS shows appreciation of around 10% last year. The median price for a single-family home that sold in King County was $600,000. Pierce and Snohomish Counties also show appreciation of homes as well as from last year to about 10-11%. Spring Quarter will bring more homes on the market, which will make the homebuying process more competitive for new buyers and buyers who are still looking.

On the month of your Home Anniversary, I will be sending out your Current Market Value for your home. This will inform you how much your house is worth now. If there are any changes to your home status, please email or call me and I can assist you with your next journey. Thanks.

I would like to take this time to thank and CONGRATULATE my buyers, sellers and investors for the month of April.    

 

Pamela Curlee

Craig and Robin Ware

Sarah Getter

 

Happy Home ANNIVERSARY to my seasoned clients for the month of May!

5/27/2011 Rudy & Sally Zamora

5/07/2012 Sarah Hertzog

5/07/2013 Jun Shao

5/08/2014 Isseth & Gerson Ruiz

5/07/2015 Jerome & Anna Del Castillo

5/11/2015 Kurtis & Lysa A Walls

5/20/2015 John & Brooke Witt

5/21/2015 Willie S & Kathreen Rosario

5/28/2015 Sharon Tillmon

5/13/2016 Charlie & Melissa Liu

5/31/2016 Tina Sourinephoumy

5/31/2016 Jason Lunasin

If you know of anyone looking to buy or sell, please email me and I will gladly assist them. You will receive a $100 gift card at closing. Thank you for your trust.