MLS#: 1318729 – 18501 SE Newport Way Issaquah

📍 Condo in Issaquah For Sale!

👉 18501 SE Newport Way #M151 Issaquah, WA 98027

Tastefully remodelled ground floor unit in a well-maintained community with a strong HOA. Remodelled kitchen, new floors, designer paint and updated touches throughout. Master bedroom has a walk-in closet and full bath. 2nd full bath is right outside of the 2nd bedroom. Separate dining room with pass through to the kitchen. Living room with slider to the patio that opens to a grassy area and backs to a lush greenbelt. BRAND new roof! Convenient location close to I-90, but feels like a private oasis!

🔑 OPEN HOUSE SCHEDULE:

📍 Date: 06/29/2018 📍 Time: 11:30AM – 1:00PM

📍Date: 07/01/2018 📍 Time: 1:00PM – 4:00PM .

💻 https://bit.ly/2NagseX

☎️ (425) 985-8403 – Jennifer G.

MLS#: 1314472 – Home For Sale

🏡 Home For Sale in Auburn
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📍 28256 105TH Ave SE
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📌 Located in a coveted gated community. This rambler has everything you’ve been looking for in a peaceful setting that has ample room to entertain and enjoy all that nature offers w/in ground pool, fire pit, and large patio. Enter to open formal living/family room. Gleaming Kitchen w/stainless appliances featuring double oven. Large master bedroom w/plethora of closet space, natural light & ensuite. Well manicured lawn with garden space and pasture. 2 car garage with RV parking!
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📲 Luke G. – (206) 919-6074
💻 https://bit.ly/2yCSSUQ

IMPORTANT – Feds raised rates – What you need to know

Feds raised rates and how it affects mortgages and what to expect. Provided by George Moorhead, President of Bentley Properties. Your home sold at a price acceptable to you guaranteed, or we will buy it! Naturally, some conditions apply, so ask us about this amazing program!

MLS#: 1308856 – 13113 Valley Ave E, Sumner 98390

🏡 Fully-remodeled home with plenty of room to stretch your legs! This Rambler with daylight basement features, Open concept kitchen, Stainless Steel appliances w/slow closing doors and drawers. Master bedroom on the main floor w/walk-in closet and Master Bath. Large private backyard is perfect for entertaining. New Water Heater, Furnace, Roof and so much more. This won’t last long. Located near downtown Sumner, easy freeway access, Schools and shopping. 🏡

🔑 $449,000

☎️ Luke G. – 206-919-6074
 https://bit.ly/2IADqxa

 

For Sale – MLS#: 1310209

🏠 815 124 St SW #64 Everett, WA 98204
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✅ $239,000
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📍 Open House Schedule
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👉 June 17th – 12:00NN to 3:00PM
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Custom EXTRA LENGTH 1566 SQ FT 2 Bed, 2 Bath & office in 55+ community. Living room with coffered ceilings, electric fireplace opens to dining room & breakfast bar. Large kitchen with upgraded cabinets/corner pantry with pull out shelves, counter space &tile backsplash. Master has walk in closet, 5 piece bath with a jetted tub & 2 floor to ceiling cupboards. Covered full width back deck. Private hot tub/gazebo. Preferred space in park backs to grassy area instead of another home. A MUST SEE!
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☎️ Susan K. – 206-914-3886
💻📱 https://bit.ly/2IADqxa

Washington breaks 44 month supply streak

Realtors share some good news for home buyers for once

By Zosha Millman, SeattlePI

Ask any real estate analyst and they’ll tell you the same thing: A remedy — if not the main remedy, these days — to ever-rising prices is increased supply.

Which is, of course, exactly where Seattle has been hamstrung lately. In fact, it’s where the whole state has been struggling for years; the latest Northwest Multiple Listing Service report notes that 14,524 new listings were added during May 2018. That’s the first time the volume has topped 14,000 in ten years.

Last month, more than 11,200 listings were added, again from April of nearly 29%.

For the first time in 44 months, total active listings have netted in the positive, with a year-over-year comparison of 3.8%. The NWMLS area overall has 1.44 months of supply — still, a ways off from the metric of a balanced market of at least four months but climbing for once.

Even King County feels a little more lush: The county is sporting more than a month’s supply for the first time since September 2017, and only the third time since October 2016.

And as we head into summer, when more listings will be hitting the market on a monthly basis, realtors have high hopes for this being a sign of relief for the local market.

“What we are experiencing is actually a good thing as inventory leans toward a more balanced market,” George Moorhead, designated broker at Bentley Properties, said in the NWMLS report, noting that the region kind of skipped over the typical spring market. “Buyers will definitely be able to capitalize on a softer summer market this year.”

Of course, it’s not all roses: Home prices in the King County are still up 16%, year-over-year, and coupled with rising interest rates the area is far from simply “affordable.” Whether or not this trend actually continues through the summer, or serves as a blip on the radar, remains to be seen.\

June 2018 Market Update

Check out my latest Market Update by clicking the YouTube link below and feel free to request a copy of the NWMLS Press Release by calling me at 206-391-7766 or visit my website. Thank you and have a great day!

MLS#: 1305970 – 6215 146th Place SE, Everett 98208

📍 FOR SALE 📍
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🏡 MLS#: 1305970 – 6215 146th Place SE, Everett 98208
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✅ $449,950
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Meticulously maintained rambler in desirable Silver Firs Community. This home features light filled spacious and open living areas with vaulted ceilings. Family room off Kitchen and eating nook that overlooks the beautifully landscaped backyard. Master suite with walk-in closet and on-suite bath. New carpet, vinyl & interior paint. Hot tub, water feature, raised bed garden area, sprinkler system & fully fenced. Great planned community with tennis courts, parks & trails.
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📌 Open House Schedule
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✅06/09/2018 – 12:00PM-3:00PM
✅06/10/2018 – 12:00PM-3:00PM
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📲 Jill L. – (206) 914-9055

FOR SALE: MLS#: 1307001

🏡1516 NE 171st St, Shoreline 98155

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📍 $499,950

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Welcome to burgeoning Shoreline, where the soon-to-be light rail will whisk you away to Seattle and beyond! This adorable home sits on a generous sized lot, with a greenhouse and plenty of room for gardening. Beautiful, fully fenced, flat backyard with a shed and big shady cherry tree. The deck, covered patio, and fire pit make for perfect summer BBQ’s. The kitchen is open to the living room with a wood burning fireplace. The oversized garage also has a finished loft and storage. 4 y/o roof.

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☎️ Jennifer G. – (425) 985-8403

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🏡 OPEN HOUSE on June 10th – 1PM to 4PM 🏡

Good To Know: Real Estate Report – Seattle

Report by: Melissa Crowe  – Research Director, Puget Sound Business Journal

It’s no surprise residential real estate firms throughout the region have been thriving, but recent indicators have many brokers bracing for changes on the horizon.

This week’s Puget Sound Business Journal looks at the region’s top 25 residential real estate firms, which collectively sold $59 billion worth of homes in 2017. That’s up 13.2% over last year’s list.

But Moya Skillman, a founding member of Avenue Properties, said she senses “a little bit of a change occurring.”

Inventory has grown in some key areas, including pockets of Seattle, Bellevue, Kirkland and Mercer Island. Although it’s still down historically, Skillman said the recent increases are noticeable.

“It’s going to cause a shift and some … prices may level out a bit,” Skillman said. “The days of 45 offers and it goes in 24 hours will be a thing of the past.”

A lack of inventory is one of the biggest issues slowing down growth, along with demand for agents.

At the current rate of sales, it would take less than two months to sell every active home in the Northwest Multiple Listing Service inventory, according to a NWMLS report released in May. A balanced market is considered to be four to six months by most experts.

Avenue Properties, a luxury real estate brokerage, was the biggest mover on this year’s residential real estate firms list. The company increased its sales volume by 165% over 2016. Avenue Properties launched in February 2016, and since then has expanded into six offices — two in Seattle, one in Bellevue, one in Kirkland and two in Oregon — and has plans to enter more areas in the next year.

Avenue Properties has increased its number of local licensed brokers by 149%, adding 67 people in one year.

U.S. Bureau of Labor Statistics data shows the Puget Sound region has one of the highest employment levels for real estate agents in the U.S., behind Houston and Atlanta. Real estate agents earn a median wage of $62,340 in the Puget Sound region. There are about 5,150 real estate agents in the Puget Sound region, compared to 8,080 in Atlanta.

The region’s shortage of skilled labor is also putting pressure on the housing market.

Sabrina Booth, a Windermere agent based in Seattle, said one of her challenges is finding tradespeople to get a house ready for the market — whether it’s fixing a small repair, hiring a house cleaner or getting a lawn mowed.

“I just spent a week trying to get somebody to mow a lawn on a listing in Magnolia,” Booth said. “I went out with a weed-eater on my own. At least the city wasn’t going to fine us for having too long of grass.”