Real Estate March 29, 2014

OPEN SUNDAY 11715 North Park Ave N

Open Sunday
March 30th 1PM-4PM

11715 North Park Ave N
Seattle WA 98133

Stop by Sunday to see this affordable Seattle home. This sweet 1925 Farmhouse is a gardener's dream. The home is surrounded by easy to care for shrubs and perennials which are just now starting to bloom. The main level features two bedrooms and a full bath. The living room and dining room are open to each other and feature large picture windows and a wood burning fireplace. The kitchen enjoys easy access and views to the back yard. The sun room off of the kitchen will be a favorite place. Conveniently located near parks, schools, shopping and major routes.

Online at: AtHomeInBroadview.com

​​-Steve and Sandra

206-769-9577
stevehill@windermere.com

BrennerHill.com
BrennerHillReviews.com

 

Real Estate March 29, 2014

Seattle Washington REALTORS

Did you know that only half of Washington State real estate brokers are REALTORS? The REALTOR Association advances the professionalism and reputation of its members by effecting and promoting policies that preserve and expand real property rights and housing affordability, and by providing programs and services that enhance members’ abilities to conduct their business successfully with integrity and competency.

We are proud to call ourselves REALTORS, not every real estate broker can!

-Steve and Sandra

206-769-9577
stevehill@windermere.com

BrennerHill.com
BrennerHillReviews.com

Real Estate March 28, 2014

3 Big Myths About Seattle Area Home Buying

There are myths about the home shopping experience that must be addressed. We like to make the home buying experience as stress-free as possible, so please read these three big myths about home buying:

Myth #1: “That house has been on the market so long I bet we can work the seller down easily.”

Not necessarily. Exceptionally high days on market could mean almost anything. The seller could be bullheaded about their price. The seller may not be particularly motivated to sell for emotional or other personal reasons. Don’t forget: A sales-weary seller isn’t likely to respond to your host of rational reasons why their house should be a bargain.

Myth #2: “I want to look at foreclosed homes because they’re a real bargain and the banks need to unload them.”

Banks, like entrenched sellers, don’t always make decisions which seem rational based on obvious information. You can have a hard time divining the reason a bank chooses to reject an offer for a foreclosed or distressed property, and their decision may be based on financials which seem counterintuitive. The truth is, many distressed sales can be longer and more fraught than regular sales.

Myth #3: “I liked this house a lot, but with this market, I bet it will still be there if I decide to buy it.”

It’s very, very painful to see a client love a home but fail to make a move to purchase that home. If you fell in love with it, why wouldn’t someone else? Just because a property has been on the market a little while doesn’t mean it will stay on the market. The bonus myth in this one? Your “perfect” home is probably going to be a home with some small compromises. If you don’t make an offer on a home, you’re effectively saying, “I’m comfortable losing this home.”

Our job as your broker is to represent your interests and do our best to protect you along the way. If you’re pursuing a home purchase in the near future, please get in touch. There are many other ways we can lower your stress and help you find a great home

Real Estate March 27, 2014

Ballard – Seattle WA Real Estate Statistics

The housing market in Seattle's Ballard neighborhood continues to be on fire! Check out the statistics below to see what's going on in Ballard's single family home housing market. If you are considering a purchase or sale in this trendy Seattle neighborhood, give us a call, text or email. We are experts in Northwest Seattle real estate!

​-Steve and Sandra

206-769-9577
stevehill@windermere.com

BrennerHill.com
BrennerHillReviews.com

Real Estate Statistics March 26, 2014

Broadview – Seattle WA Real Estate Statistics

Check out the graph below to see the latest real estate statistics for Seattle's Broadview neighborhood located in zip codes 98177 and 98133.

If you are considering a purchase or sale in this wonderful Seattle neighborhood, give us a call, text or email. We are experts in Northwest Seattle real estate!

-Steve and Sandra

 

Real Estate March 26, 2014

Freddie Mac: Doubtful Rates Will Return to Recent Lows

"One thing seems certain: we aren't likely to see average 30-year fixed mortgage rates return to the historic lows experienced in 2012."

– Freddie Mac,  March 24, 2014

There are those that hope that 30-year mortgage interest rates will head back under 4%. Obviously, for any prospective home purchaser that would be great news. However, there is probably a greater chance that interest rates will return to the greater than 6% rate of the last decade before they would return to the less than 3.5% rate of 2012.

Freddie Mac, in one of four original posts on their new blog, explained that current rates are still extremely low compared to historic averages:

"The all-time record low – since Freddie Mac began tracking mortgage rates in 1971 – was 3.31% in November 2012. Conversely, the all-time record high occurred in October of 1981, hitting 18.63%. That's more than four times higher than today's average 30-year fixed rate of 4.32% as of March 20…rates hovering around 4.5% may be high relative to last year, but something to celebrate compared to almost any year since 1971."

If you are thinking of buying a home, waiting for a dramatic decrease in mortgage rates might not make sense. Give us a call or text today and let us help you find your new home, we will guide you every step of the way.

Houseboats Seattle March 23, 2014

Seattle House Boats

Seattle is surrounded by beautiful mountains and expansive bodies of water. With that said, Seattle is home to a large number of house boats or "floating homes"; including the famed house boat featured in the move When Harry Met Sally.

Owning a floating home is a unique experience and is not suited for everyone. There are special expenses associated with floating homes but the payoff can be great. No lawn to mow and if traffic is at a standstill, just hop on your boat and head over to one of Seattle's great restaurants sitting on the shores of Lake Union, Lake Washington or Puget Sound.

Below is a video of a small floating home that Sandra made a few years ago.

If you are curious what house boats are currently for sale in Seattle, go HERE to see some fabulous properties floating around town. If you are in the market for a house boat, give us a call or text at 206-769-9577, we would be happy to provide you with an educational tour of these unique homes.

-Steve and Sandra

 
 

Real Estate March 23, 2014

Seattle Home for Sale – 11715 N Park Ave N Seattle WA

11715 N Park Ave N
Seattle WA 98133

OPEN SUNDAY 1PM-4PM

You will love this sunny home in the heart of Broadview. This sweet 1925 Farmhouse is a gardener's dream. The home is surrounded by easy to care for shrubs and perennials which are just now starting to bloom. The main level features two bedrooms and a full bath. The living room and dining room are open to each other and feature large picture windows and a wood burning fireplace. The kitchen enjoys easy access and views to the back yard. The sun room off of the kitchen will be a favorite place.

On-line at AtHomeInBroadview.com

For a private tour of this great Seattle Home, give us a call or text at 206-769-9577

-Steve and Sandra

Real Estate March 22, 2014

Seattle Home for Sale

11715 North Park Ave N
Seattle 98133-8240

Open Saturday and Sunday
March 22nd and 23rd 1PM-4PM

You will love this sunny home in the heart of Broadview. This sweet 1925 Farmhouse is a gardener's dream. The home is surrounded by easy to care for shrubs and perennials which are just now starting to bloom. The main level features two bedrooms and a full bath. The living room and dining room are open to each other and feature large picture windows and a wood burning fireplace. The kitchen enjoys easy access and views to the back yard. The sun room off of the kitchen will be a favorite place.

On line at AtHomeInBroadview.com

For more information about this Seattle home for sale, give us a call or text!

-Steve and Sandra

206-769-9577
BrennerHill.com
BrennerHillReviews.com

 

Real Estate March 18, 2014

5 REASONS TO SELL NOW

Many sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? Can buyers qualify for a mortgage?  These are all valid questions. However, there are several reasons to sell your home sooner rather than later. Here are five of those reasons.

1. The Most Serious Buyers Are Out Now

Most people realize that the housing market is hottest from April through June. The most serious buyers are well aware of this and, for that reason, come out in early spring in order to beat the heavy competition. These buyers are ready, willing and able to buy…and are in the market right now!

2. There Is Less Competition Now

Housing supply always grows from the spring through the early summer. The choices buyers have will continue to increase over the next few months. Don’t wait until all the other potential sellers in your market put their homes up for sale.

3. The Process Will Be Quicker

One of the biggest challenges of the 2014 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. As the market heats up, banks will be inundated with loan inquiries causing closing timelines to lengthen.  Selling now will make the process quicker and simpler.

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 19% from now to 2018. 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 at about 4.5% right now. Rates are projected to be well over 5% by this time next year.

5. It’s Time to Move On with Your Life

Look at the reason you decided to sell in the first place and decide 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?

You already know the answers to the questions we just asked. You have the power to take back control of the situation by pricing your home to guarantee it sells. The time has come for you and your family to move on and start living the life you desire.

That is what is truly important.

If you are considering a home sale, give us a call, text or email, we are ready to get to work for you!

?-Steve and Sandra

206-769-9577 | stevehill@windermere.com