Gail Nelson has loved and cared for this home for nearly 30 years. Today she is ready to offer it to a new owner. Please take a look or come visit. 7522 Brooklyn Ave NE, Seattle 98115
Fantastic news! Matthew Gardner, an exceptionally relevant economist focused on real estate, joins Windermere. Good fortune for all of us at Windermere with great benefits for our clients as well.
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Today is Earth Day, and instead of simply suggesting things you can do to help conserve our lovely planet, we're going to do our best to guilt you into doing them. Here are the three easiest ways to do your part
Turn off the lights whenever you leave a room. What’s the point of leaving them on if you’re not in there? And being scared of the dark is only an excuse if you’re under the age of five.
When you're brushing your teeth, turn off the faucet. There is no good reason to waste all that precious water going down the drain. Do you want to turn into California? We think not.
Pick up some environmentally-friendly, reusable shopping bags! In Seattle, plastic bags are banned, and they’ll charge you for paper bags, so it's in your best interest to invest in some that you can use over and over again. Hint: These are some of our faves.
We should also point out that doing all of the above also saves you money! You can sleep well at night knowing you’re doing the right thing for Mother Earth – and your bank account – all at the same time.
Want some more ideas how you can conserve energy at home? Check out the Energy Star website.
Is spring closer than we think? Depending on which Groundhog you witnessed today, you may have less time than you think to get your home on the market before the busy spring season. Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally increases at that time of year. However, the next six weeks before spring hits also have their own advantages.
Here are five reasons to sell now.
1. Demand is Strong
Foot traffic refers to the number of people out actually physically looking at homes right now. The latest foot traffic numbers show that there are currently more prospective purchasers looking at homes than at any other time in the last 12 months, which includes last spring’s buyers’ market. These buyers are ready, willing and able to purchase… and are in the market right now! Take advantage of the buyer activity currently in the market.
2. There Is Less Competition Now
Housing supply nationally just dropped to 4.4 months, which is under the 6 months’ supply that is needed for a normal housing market. This means, in many areas, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory is about to come to market. There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. Homeowners are now seeing a return to positive equity as real estate values have increased over the last two years. Many of these homes will be coming to the market in the near future. Also, new construction of single-family homes is again beginning to increase. A recent study by Harris Poll revealed that 41% of buyers would prefer to buy a new home while only 21% prefer an existing home (38% had no preference). The choices buyers have will increase in the spring. Don’t wait until all this other inventory of homes comes to market before you sell.
3. The Process Will Be Quicker
One of the biggest challenges of the housing market has been the length of time it takes from contract to closing. Banks are requiring more and more paperwork before approving a mortgage. There is less overall business done in the winter. Therefore, the process will be less onerous than it will be in the spring. Getting your house sold and closed before the spring delays begin will lend itself to a smoother transaction.
4. There Will Never Be a Better Time to Move-Up
If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by over 23.5% from now to 2019. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30-year housing expense with an interest rate below 4% right now. Rates are projected to be a full point higher by the end of 2015.
5. It’s Time to Move On with Your Life
Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should? Only you know the answers to the questions above. You have the power to take back control of the situation by putting your home on the market. Perhaps, the time has come for you to move on and start living the life you desire.
That is what is truly important.
As I eagerly gear up for what 2015 has in store, I can't help but look back at the past year in amazement. Thank you to all of my wonderful clients, friends and family for your continuous stream of referrals and support. It is because of you that 2014 was such a success and I couldn't be more excited and energized! Cheers to you and yours for a happy, healthy and prosperous year!
A Look Back at What My Clients Purchased and Sold in 2014!
Ballard | $184,000
1 Bedroom | 1 Bath
Whittier | $417,000
2 Bedroom | 1 Bath
Madrona | $742,000
4 Bedroom | 2.75 Bath
Central District | $581,000
3 Bedroom | 1.75 Bath
Magnolia | $815,000
4 Bedroom | 2.75 Bath