Archive for the ‘Real Estate Market Now’ Category

Open House this Sunday, November 8th 1-4pm

Sunday, November 8th, 2009

This classic 4 bedroom (3 on main level!) Wallingford Craftsman offers timeless style in one of Seattle’s most popular neighborhoods. Front sitting porch with architectural details leads into handsome formal living and dining rooms with matching distressed painted wood mantle and built-ins. Beautiful refinished hardwoods, traditional millwork, high ceilings, fireplace and large picture windows. The spacious layout provides an open kitchen & built-in dining nook. A sweet deck off back sits pretty in a fully fenced yard with garden space, shade tree and outbuilding. Finished lower level offers a 4th bedroom, utility room and storage, a large 3/4 bath, plus flex spaces (media and family rooms or workout room and office) bathed in natural light and featuring French doors.

Surrounding area offers:

  • Walk to cafes, shopping, services and entertainment!
  • Across from Wallingford Playfield
  • Award-winning John Stanford International close by
  • Walk Score: 85 out of 100—Very Walkable!

Located at the address:

4110 Wallingford Ave N
Seattle, WA 98103

For more information, please visit my website or download the flyer.

 

 

UPDATE: $8,000 1st Time Homebuyer Tax Credit

Saturday, August 22nd, 2009

President Obama signed the economic stimulus bill back in February. One of the details allows for tax credit of 10% of the purchase price (up to $8,000) for first time home buyers. This is much better than previous tax credits that only allowed $7,500 that was required to be paid back over 15 years. So, while it’s not quite the $15,000 tax credit we were all expecting, it is still a good opportunity to take that leap into a first home. Additional details of interest include:

  • credit applies to purchases made from Jan 1, 2009 – December 1, 2009
  • home purchased must be the principal residence for 3 years or the credit will be recaptured.
  • only applies when taxable income for the year is less then $75,000 (single return) or $150,000 (joint return).

With so much inventory available in the Seattle area combined with this first home buyer tax credit, it is a really great time to be buying a home!
Let me know how I can help you or your circle of friends, family, and associates take advantage of this credit AND start their life of homeownership off right.

Checklists to Greening Your Home

Wednesday, March 4th, 2009

BuiltGreen (the green building arm of the Master Builders Association) has a series of checklists to help builders (and homeowners) determine the level of green building implemented in a home. The checklists are divided by the type of project – and really cover the spectrum from remodels and single-dwelling residences to multifamily and even communities. You can download the checklists (in pdf form) from BuiltGreen’s website.

I know several contractors that focus on sustainable and/or green building. Contact me if you would like a referral. email; 206.418.6260

BuiltGreen is also hosting their annual BuiltGreen Conference this Friday – more suited towards builders, developers, architects, engineers, and other professionals than an average homeowner though. If you’re interested check it out at: builtgreenconference.com

2009 Market Update

Wednesday, January 21st, 2009

This is from our friend Doug Perry of Wallick & Volk, Inc.:

Early 2009 will probably mark the lowest mortgage rates will be for the rest of our lives. Many families can now benefit significantly by refinancing their mortgages. The low rates also offer an added incentive to buy a home while prices are down. Home prices in the Seattle area are selling for about 10% less than they were a year ago. Look for prices to stabilize this year.

Thanks for your info, Doug!

Real-estate markets most likely to rebound: “Seattle” ranked #1 by Forbes

Thursday, November 20th, 2008

\It’s tough all over, but some say these 5 cities have the best chances for speedy recoveries. By Dorothy Pomerantz, Forbes

If you’re a homeowner seeing property values plummet, look to the commercial real-estate market for solace. It might tell you which areas will recover fastest — and which will likely remain weak.

The Urban Land Institute recently asked 700 real-estate professionals to name the best (and worst) places to invest in commercial real estate in the coming year. Those surveyed included private developers, real-estate agents and real-estate investment trust executives. Their answers also apply to the residential market, since the single-family-home sector typically follows the economy. As wages go up and there are more jobs, more people can buy homes, pushing prices up.

The best cities in which to invest are those that are considered gateways to international investment, have vital downtowns where people can forgo cars and don’t have a glut of condos or office space.

These traits landed Seattle the No. 1 spot on the list. No city scored above a 6.15 on a scale of one to nine (one being an abysmal place to invest and nine being excellent). [read more]
(photo courtesy of Forbes.com article as posted on realestate.msn.com)
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Note from Vijya: Curious about the current value of your house? I’ll be happy to give you a personalized market analysis. 206-418-6260/email

Controlling Pests In & Around Our Homes

Thursday, November 20th, 2008

Last evening I had dinner with several girlfriends and the subject of rats in one of their homes came up. As it turned out everyone at the table had dealt with a similar situation at some point and were very frustrated. I thought having a better understanding of what we can do to prevent pests from entering your home was important for many of my friends and clients.

I decided to call my friend, Jim Osborn, owner of Paratex, to get some professional advice from an expert! He was full of great information and really gave me the skinny. In short, rodents and bugs are very common to our area. Under “general pests” there is some information about how to identify and differentiate between the plethora of rodents and insects that may affect your home.

While pests pose a nuisance and sometime health problems (for those with asthma or allergies) in our homes – they are useful to our outdoor environment (in moderation of course). There are a lot of things we can do to reduce pests’ interest in our homes. The WA Toxics Coalition has some great fact sheets on indoor pest control (fact sheets in pdf at the bottom of the page). So, rats for instance, can be discouraged with a few, no-cost control standards, such as:

  • Store garbage in tightly closed cans.
  • Keep pet food inside.
  • Compost grass, brush, and yard cuttings but not garbage or food scraps.
  • Remove fruits, vegetables, and bird seeds from the ground.
  • Start your wood or lumber pile at least 1-1/2 feet off the ground.
  • Do not pile wood next to your home.
  • Remove animal droppings, trash, and/or garbage from your property.
  • Have junked cars towed away.
  • Prune tree limbs so that they do not touch the home.
  • Close every possible entry to your home, including windows, doors, vents, pet doors, and small gaps under the eaves.
  • Keep your home free of litter.
  • Any food stored in basements should be in rat-proof containers.

They also include information about trapping or hiring professional trappers. Sometimes, the infestation of rodents or bugs is so huge that taking the aforementioned measures or trapping seems to not be making a dent. That’s when Paratex’s fumigation technology might be your solution. It is super important to remember that once the pest is removed from your home, to integrate the no-cost, control standards mentioned in WA Toxics Coalition’s fact sheets in and around your home so that you can continue to have a pest free home.

It is obvious that pest issues (something realtors deal with quite regularly) are a real stress to my friends and clients who are raising families and living in their homes. I hope this information and the links provided are useful to all of you.

Thank you, Hannah (and Susan!)

Thursday, November 20th, 2008

I wanted to share with you a super sweet thank you card I received from the daughter of one of my clients. It’s a bit dated now (been married 6 months already!) but it warms my heart every time I read it.

Heck of a deal on our Redmond Townhome!!

Friday, November 14th, 2008

My wonderful seller has given me the go ahead to reduce the price of her English Cove front view English Cove hometownhome in Redmond to $385K…at this price we should get some real interest because it it just too good of a deal to pass up!

With approximately 1669 sq ft, the home offers 3 levels of private, contemporary living with a peek-a-boo, winter view of Lake Sammamish. (I just showed it last weekend and the cute couple I was givng a tour of the home to  asked what ‘body of water’ we were looking at!!) So, do keep it in mind for anyone you might know of that is looking for a beautiful home and location- just past Whole Foods on Redmond Fall City Road and just minutes (literally 3-5) to Microsoft and I-520 and Lisa Dupar’s Pomegranate Bistro-yum!!. More details are available on my website.

Give me a call (206-418-6260) or email me if you would like to check it out or have questions.

We Americans are Fighters and we’ll get through this!

Saturday, October 4th, 2008

I haven’t written in awhile…there has been so much going on with the transition from summer to fall and of course the ‘falling’ of our national and local economy. Just like all of you are probably doing, I’ve been talking with friends and colleagues and the ‘people on the street’ …’joe six pack’ as one of our vp candidate likes to say. I know there is a great deal of nervousness out there.

As a Realtor, I have a range of clients dealing with the situation in various ways- for some, this is not really affecting their personal day to day life very much. Other clients are having to sell an asset such as a car or furniture or get an extra job to create some additional income to aid their situation. I think this is a vital time for Americans to remember the sacrifices our prior generations and forefathers have made in building this country. At the time they didn’t know what they were giving up by working as hard as they did, but they did it for a better life-without really defining what better was. If “better” meant access to education and health care for all Americans, and enough food for every individual and family and a place to call home…to me that was a pretty good dream.

Unfortunately the past two generations of Americans have taken that dream to mean that we are entitled to having anything we want at anytime. That is not only unrealistic but also in my opinion, unhealthy. It is like giving a young child the dessert without earning it by eating the meal that their bodies really need. Short term ’yum’ for long term ’unhealthy lifestyle choices’. Well, if kids can learn to eat well and take care of themselves to become healthy adults, then we as Americans certainly can take better care of ourselves too. We built this country on principles of hard work, sacrifice, innovation, and entrepreneurial spirit – as Nike’s slogan says… Just Do[ing] It!!

So, this is a time to welcome the challenge before us as an opportunity to show ourselves how what we’re made of. What’s the old saying? “when the going gets tough…the tough get going”  We need to think long term and not short term (what is the best thing for a growing child? -the good healthy food she needs to grow or the quick fix as in the dessert ?) and as the economist, Thomas L. Friedman said in an Opinion column this past Tuesday, Sept 30, 08 in the Seattle Times, we need “a Buildup, not a bailout”. He explains that we need to get back to making stuff based on real engineering and not just shuffling financial paperwork… Americas No 1. resource are its people. We are not afraid of hard work and embracing change and a vision and enginuity…in fact..it is what drives the engine of our country states Mr. Friedman. In a green economy, we would rely less on credit from foreigners “and more on creativity from Americans,” argues Van Jones, president of Green for All, and author of the forthcoming The Green Collar Economy. Van Jones continues by stating, “It’s time to stop borrowing and start building. America’s #1 resource is not oil or mortgages. Rather, our #1 resource is our people. Let’s put people back to work — retrofitting and repowering America…You can’t base a national economy on credit cards. But you can base it on solar panels, wind turnbines, smart biofuels and a massive program to weatherize every building and home in America.”

12th Annual Client Appreciation Picnic – Sunshine and Bouncy house!

Monday, August 4th, 2008

We had the luck of the Irish with us at our annual picnic!! The first morning rain in 23 days was not going to stop our yearly fun in the park! My clients, friends and family came out to have a party and we did. The massages kept everyone mellow, the tarot gave them food for thought, great Pabla Indian Cuisine gave everyone sustenance, henna tattoos added the artsy flair to a wonderful day. The kids went crazy with our little pinata and then even more fun was had in the excitement of our annual raffle!! A really great day was had by all.