Asking these questions when picking a real agent could mean thousands!

 

It can seem pretty easy in a market like this just to stick a sign in the yard and have all the offers come in one at a time. But the truth is, it takes more than that. You need a detailed marketing plan that’s going to get your home maximum exposure quickly. You need an agent to help set your house up for success! Yes, photos and things like a 3D Walkthrough are very beneficial for marketing your home. But adding things like Website Syndication, Permanent Smart Flyer, and a Retargeting Ad Campaign are just a few things that will help advertise your home for top dollar!

As your Real Estate Agent, my job is to make your transaction as simple as possible. I will be…

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Mortgage rates climb even higher

 

Average mortgage rates  are higher for all loan types today with the 30-year mortgage rate crossing above 5%.

  • The latest rate on a 30-year fixed-rate mortgage is 5.17%. ⇑
  • The latest rate on a 15-year fixed-rate mortgage is 4.197%. ⇑
  • The latest rate on a 5/1 ARM is 3.974%. ⇑
  • The latest rate on a 7/1 ARM is 4.135%. ⇑
  • The latest rate on a 10/1 ARM is 4.245%. 

Fed Chair Jerome Powell is done sitting idly on the sidelines as inflation burns away Americans’ purchasing power. The plan? Draw upon the central bank's decades-old inflation playbook by increasing rates until demand pulls back, and price growth slows.

This is already presenting a test for runaway inflation's poster child: the U.S.…

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Home renovations that will hurt your home value 

 

 

Most folks considering listing their homes know it’s a seller’s market and considering all the home values have been sky rocking these days, homeownership is proving to be quite the investment. There are benefits such as appreciate over time, home equity, and even tax deductions. But what about home renovations. Sometimes adding certain home renovations can be bit tricky In fact certain home renovations can do more harm than good. Yahoo!Finance mentions 20 home renovations that will hurt your home value. In a market like this, with wildly competitive open houses, sky-high prices, and ever-escalating offers. I get it, why not add an extra touch to make your home stand out even more? Maybe your…

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Are You Ready for Home Ownership?

A home buyer does not want to be caught off guard in a seller's market. It's one of the reasons that the most important thing a home buyer can do is trust his or her real estate agent to advise on market conditions. If it is a seller's market, it could very difficult, if not almost impossible, to buy the first home a buyer wants to buy. Because home buyers generally have very little interest in the real estate market when they are not buying a home, they don't always know how the market moves from one season to another, much less from month to month. It is often uncomfortable for a buyer to be told the market is a seller's market when the buyer may believe otherwise -- especially a buyer who is trying to buy…

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Thinking of selling your home? Talk to a real estate agent

 

 

You Don’t Know What You Don’t Know When Selling Your Home.

The spring selling season is upon us, and while it's traditionally the busiest time of year for real estate, this spring promises to be just as competitive as this time last year, particularly for first-time home buyers. With ultra-tight inventory and continually increasing home prices, it’s imperative that a home buyer be ready to make an offer and move forward on a purchase contract at a moment’s notice. Like many people across America right now, if you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale this may be the…

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Are you ready for home ownership? Buyers' this maybe your time 

If you’re in the market for a home, take note: The 2nd quarter of 2022 may be the opening you’ve been looking for.

  •          February’s improving inventory and a slowing pace of price increases may ease some of the competitive pressures.
  •          Buyers in King County are jumping for joy over the nearly 40% increase in new listings.
  •          King County also saw a 31% increase in pending home sales month-over-month, as well.

Multiple offer situations are the norm for today’s home buyers, but some brokers with Northwest Multiple Listing Service suggest February’s improving inventory and a slowing pace of price increases may ease some of the competitive pressures.

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Monroe Market Review 2022

 

 

What was the average appreciation for homes in Monroe in 2021?

 

From January 1st, 2021, to Dec 31st, 2021, homes in the Monroe area have appreciated by 25.1% throughout the entire year of 2021

 

 

The trend continues in Monroe. In December 2021, the average appreciation for Monroe homes was 25.1%. March update: average appreciation in Monroe is 26.6%. That, is a 1.5% increase within the past 3 months

 

 

 

 

How did your neighborhood appreciate in particular?

In Old Owen, Woods Creek, Foothills, Fryelands, Chain Lake and Trombley Hill

In Old Owen Median Price Sold in 2020 was $687,500 from Jan1st 2020 to Dec 31st, 2020. However Median Price Sold in 2021 was…

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Are there going to be more homes to buy anytime soon?

 

 

The spring selling season is upon us, and while it's traditionally the busiest time of year for real estate, this spring promises to be just as competitive as this time last year, particularly for first-time home buyers. With ultra-tight inventory and continually increasing home prices, it’s imperative that a home buyer be ready to make an offer and move forward on a purchase contract at a moment’s notice. Like many people across America right now, if you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. There is hope for home…

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US HWY 2 non-motorized shared path  

 

US2 Path Perspective_After

Just last month, Per the Facebook page, City of Monroe, WA it was announced that the City of Monroe will be planning to start construction on the US HWY 2 Non-motorized Shared Path in the late spring. They say that the purpose of this project is to provide a separated shared-use path along US Highway 2 adjacent to the Evergreen State Fairgrounds. Above is an image of what the completed project will look like. And in even better news, the City of Monroe has been awarded many grants to help fund the project. Also, the sidewalk that currently ends at Cascade View Drive will be extended west approximately 1,200 feet to 179th Avenue SE.

The Facebook page, City of Monroe, WA, also points out where you can…

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Thinking of selling your home? Home buyers love these home improvements 

 

 

Home selling tips

 

I know you may be thinking, with very little inventory in the market right now, why bother thinking about what the seller would need to do to make sure they are attracting buyers. Wrong!! Inventory has already started to pick up, and with spring in just a few days, even more homes will be coming on the market. We may be in a very fiercely competitive market, but homebuyers are still looking at those houses that have some updated home renovations. Maybe it is time you consider finding ways to make your home stand out against the crowd and help your home sell for an even higher price point than you considered. Whenever I take a home buyer out…

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