January, 2018 RSS Icon
Found 53 entries for January, 2018.

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2017 was a record year for The Issaquah Highlands. Some sections of the housing market increased by nearly 30% with the over-all price for a home increasing just under 18% for the year. Take a look at an in-depth review of The Issaquah Highlands market from the number 1 listing brokerage in the Issaquah Highlands and see where the housing market has grown, the highest priced SOLD home, the home that went the MOST over asking price, and also get an idea of what to expect in 2018.

 

  Issaquah Highlands 2017 Real Estate Recap
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If You’re Considering Selling, ACT NOW!! | MyKCM

Definitely an aggressive headline. However, as the final data on the 2017 housing market rolls in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!

How did we finish 2017?

  1. New-home sales were at their highest level in a decade.
  2. Sales of previously owned homes were at their highest level in more than a decade.
  3. Starts of single-family homes were their strongest in a decade and applications to build such properties advanced to the fastest pace since August 2007.

And Bloomberg Business just reported:

“America’s housing market is gearing up for a robust year ahead. Builders are more optimistic, demand is strong and lean inventory is keeping prices elevated.”

And the

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If you are thinking of a costly remodel before selling your home, wait before you do anything. Although it’s crucial that your home appears well kept and cared for, a new kitchen or bathroom may not always give you the best return on your money. One of the least expensive and most effective things that you can do to prepare your home for sale, is to “Stage” your home.

What does that mean?  Although your home feels homey and beautiful, chances are that it is not “Staged.” The most important thing you can do is to transform your house from “Your Home” into a place where potential buyers can picture as “Their New Home.”

Although the personal photos have always added a special touch into your home, it is time to take them down. Decluttering is

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Eastside Home Price Charts For The Last 3 Years... WOW!

Local Real Estate Listings & Community Info

Everything you need to know about the Eastside real estate market is right here. Be sure to check out the Eastside home for sale stats and the local listings available below. The numbers shown include both condos and single family homes, so you'll get a better idea of what the market is doing. Located on the east side of Lake Washington, the Seattle Eastside encompasses everything from Bothell to Newcastle and Bellevue to North Bend.

Eastside Community & School Info

Homes for Sale 

Below are the numbers for Issaquah, Sammamish, Bellevue and Snoqualmie. Each has seen steady double digit price growth for the past 3 years.

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Welcome To The Cascade Team Jeff Japar!

The Pacific Northwest is home to me. I was born and raised in the Bothell/Woodinville area. I grew up riding my bicycle in the streets, and playing outside with the neighborhood kids. I look back at my childhood in this place with fond remembrance and a deeply rooted sense of home. I have a vested, personal interest in shaping my community by building neighborhoods where families grow, play and bond. My family and I currently live in Granite Falls. We love living nestled in the evergreens at the entrance to the Mountain Loop. Nothing beats sipping hot coffee on the deck while watching the sun rise over the mountains. We spend our free time roaming the logging roads and trails with our dogs, or kayaking on any

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About eight of every 10 millennial renters want to purchase a home, but nearly three-fourths of them (72 percent) can't afford to do so, according to a survey by Apartment List. Among respondents in a recent survey, 67 percent said they plan to wait at least three years before buying a home.

A comparison of metro areas shows Ogden-Clearfield, Utah with the largest percentage of millennial homeowners. Abodo an apartment locator site, found 51 percent of young adults in that metro area own a home, well above the national figure of 32.1 percent. The study showed Seattle in 30th place among large cities (102nd place overall), with only 29 percent of millennials being homeowners.

Rounding out the top five metro areas with the highest rate of

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Attention Real Estate Brokers: Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email.

A hacker may break into a real estate licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker may send an email to the buyer, posing either as the escrow agent or as the licensee. The fraudulent email may contain new wiring instructions or routing information, and request that the Buyer send funds accordingly.

With scammers increasingly targeting real estate transactions, the National Association of REALTORS® is teaming up with the

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 Buying A Home Is More Affordable Than Renting In 54% Of US Counties | MyKCM

According to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.”

For the report, ATTOM Data Solutions compared recently released fair market rent data from the Department of Housing and Urban Development with reported income amounts from the Department of Labor and Statistics to determine the percentage of income that a family would have to spend on their monthly housing cost (rent or mortgage payments).

Daren Blomquist, Senior Vice President of ATTOM Data Solutions had this to say:

“Although buying is still more affordable than renting in the majority of U.S. housing markets,

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  Image result for pictures of home repairs

After living in the same home for a while, it's amazing what you can get used to. A creaky floorboard, for instance. A chipped tile that you've been meaning to replace but haven't gotten around to. A doorknob that needs a little coaxing to turn. No big deal, right? Well, these small flaws can be huge deal breakers when you decide to sell your home.

Prospective buyers are going to add all the ‘flaws’ they find to the price of the property, and that’s when they start trying to discount the price. 

Curious what some of these seemingly small problems are? Check out this list of minuscule (to you) things that buyers see as big hurdles to closing a sale.

1. An old electrical panel

I had a buyer make a controversial request for

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This graph shows the medium sales price in 98074 in the dark color and 98075 in the green color. The median price increased in 2017 by 11.1% (98074)and 11.7% (98075) showing a strong increase in prices. The median home price in 98075 is $1.050.000 and in 98074 is $900.000 for all residential sales.

 

This graph shows the amount of inventory in months which decreased in 98074 (1.3 to 1.1 ) and stayed the same in 98075 (1.3). This statistic shows that we are still in a sellers market. If no more inventory came on the market, there would be less than a month and half of inventory. A balanced market is when there is 4-6 months of inventory, which is not something we will be seeing anytime soon.

 

What does this all mean for you?

It is even more

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