New Listing Seattle Hill 2 Story $400,000

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New Listing Seattle Hill 2 Story $400,000

With inventory so low you won’t want to miss this one!

Call for your private showing today!

Jess & Julie Lyda
RE/MAX NW Realtors
425-487-3001

  • 3 Bedroom 2 Story
  • Formal Living with Fireplace
  • Kitchen with Breakfast Bar
  • Familyroom with Fireplace
  • Quiet Neighborhood
  • New Carpets
  • Master Suite with Walk-in Closet
  • Fully Fenced Yard
  • MLS# 956170
Click on photo for more photos and detail:
http://theseattleteam.idxbroker.com/idx/details/listing/a045/956170/11825-46th-Dr-SE-Everett-WA-98208

 

 

Just Listed in Bothell $475,000

Just Listed in Bothell $475,000

With inventory so low you won’t want to miss this one!

  • 3 Bedroom Rambler
  • Vaulted Ceilings
  • Updated Appliances & Granite Counters
  • Quiet Street
  • Northshore Schools
  • MLS# 920158

23021 – 14th Pl. W. Bothell, WA

 

Click on photo for more photos and detail:  http://theseattleteam.idxbroker.com/idx/details/listing/a045/920158/23021-14th-Place-W-Bothell-WA-98021?widgetReferer=true

 

Just Listed in Woodinville $325,000

Just Listed For Sale in Woodinville $325,000

Just Listed For Sale in Woodinville $325,000

With inventory so low you won’t want to miss this one!

  • The perfect starter home in a great neighborhood.
  • Livingroom with wood stove.  
  • Spacious kitchen with eating space.
  • Fully fenced yard.
19935 NE 175th St

Woodinville, Washington WA 98077

Click link for more photos:  http://theseattleteam.idxbroker.com/idx/details/listing/a045/903500/19935-NE-175th-St-Woodinville-WA-98077?widgetReferer=true

Just Listed in Edmonds – 4 Bedroom Rambler with Detached Garage!

Front

  • With inventory so low you won’t want to miss this one!
  • Formal living and dining room with vaulted ceilings.
  •  Updated kitchen with breakfast bar.
  • Over sized family room with 10 foot ceilings
  • Sliders that open to covered deck and covered hot tub!
  •  Master suite with soaking tub, shower, dual vanity and walk-in closets.
  • Huge garage with workshop and storage.
  • Fully fenced.
  • 8015 – 219th St. S.W. in Edmonds.
  • Listed at $475,000.  Click on photo for more pictures.

Another Happy 1st Time Home Buyer

Another Happy 1st Time Home Buyer

We just delivered keys to another 1st time Snohomish County home buyer.  Amazingly their total out of pocket purchase costs were only $635.00!

Another Happy 1st Time Home Buyer

They were able to utilize the Washington State Housing Commission grant program for their entire down payment and closing costs.

This is a great program for those that need help with down payment and closing costs.

They put down a $1,000 earnest money deposit with their offer and received $365.00 back at closing!

If you would like to know more about this amazing program, just give us a call.

We have been showing home buyers how to achieve the dream of home ownership for 27 years.  Let us show you how.  Call TODAY! 425-487-3001.

 

Lake City Home Sells $32,000 Over Ask Price

 

We just sold this Lake City Home for $32,000 Over the Ask Price.  In just 3 days… with multiple offers!

 

Have you wondered how much your home would sell for?  The Seattle real estate market is still hot and homes are selling over asking price, many times with multiple offers.

 

Call us today for a free complimentary market analysis of your home or fill out the email request and we’ll send it to you by email.  Quick and easy!   425-487-3001

 

Check out the trend in rising home prices for King County.

King County Avg Home Prices May 2015

King County Avg Home Prices May 2015

 

To learn more:  About Jess and Julie Lyda

To learn more about: How to Prepare Your Home To Sell For Maximum $$$

 

1st Time Home Buyer Amazed at Low Mortgage Payment

canstockphoto16747672

For the 2nd time this week we had the thrill of delivering keys to a 1st time home buyer. 

She actually squealed with delight upon hearing the news that her home had closed in escrow!  And that we were on our way to deliver the keys to her new home!

Never imagining she could qualify for a home, she was amazed that not only did she qualify, but that her:

 

new home payment,

including interest and taxes

would be less that $1,000 per month!

 

Helping First Time Home Buyers for 27 years.  We have programs for:

  • $0 Zero money down programs

  • Down payment grants

  • Down payment assistance

  • Closing cost assistance

  • Credit Repair

 

Gina Koehl

Just a phone call away is Gina Koehl

American Pacific Mortgage 425-274-2063.

  •        She can help you get started on the path to home ownership.
  •        If you need directions to improve your credit score – she can help!
  •        Give her a call today!

 

 

 Ready to get started?  Call us today!

Jess and Julie Lyda

425-487-3001

www.TheSeattleTeam.com

 

 

Another Happy 1st Time Home Buyer

Today we closed a home for another happy 1st time home buyer!  What is amazing is that it only cost them $108.00.  Yes, you read that right!  They were happy to find out they qualified for a down payment grant that provided their entire down payment.  When they made their offer, they included a $2,000 earnest money deposit.  Today they received $1,892.00 back at closing!

First Time Home Buyer It’s time to quit paying rent and buy your own home!  These grant programs are designed specifically for those that make less than $100,000 per year, to encourage homeownership. 

We’ve been showing buyers how to achieve the dream of homeownership for 27 years – let us show you how!  Call us today 425-487-3001.

5 Crazy Facts About the Seattle Real Estate Market You Need to Know

 

These 5 Crazy Facts about the Seattle Real Estate Market are continuing to be the latest hot topics in the media.  

 

# 1 Crazy Fact: Historic Low Inventory. 

First up is the crazy low amount of inventory.  The amount of residential homes for sale are actually at the lowest number of units since the Northwest Multiple Listing Service has been keeping records for over the last 15 years. 

King County Active Listing Supply January 2015

King County Active Listing Supply January 2015

 

# 2 Crazy Fact: Sales Outstripping New Supply for Last 3 Years.

We’ve been reporting this phenomenon since we ran the numbers in October 2012 for our blog article:  Critcial Housing Shortage on the Horizon.  With the exception of a few months during the summer, new sales continue to outstrip new supply coming on the market to meet the demand.  This puts continued upward pressure on home prices.

King County New Listings v New Pendings January 2015

King County New Listings v New Pendings January 2015

 

#3 Crazy Fact: Price are up a Whopping 30% Since the Bubble Burst.

Remember the implosion of the Seattle real estate market when the bubble burst?  Home values dropped over a period of about 5 years, a shocking 36% from peak to bottom.  Most home values have recovered in just 3 short years and we will most likely push through that peak sometime this year.

King County Avg Home Prices January 2015

King County Avg Home Prices January 2015

 

#4 Crazy Fact:  Sales Volumes are Normal.

What?  Really?  How could that be when inventory is so tight?  When we look at the historical annual sales volumes in units, we clearly see we are are at normal volumes prior to the bubble burst.  The volume of home sales during the peak of the bubble were not sustainable numbers because there were folks buying homes that shouldn’t have been.  These are the homes that ended up in foreclosure or short sale.

King County Annual Home Sales Volume 1999 - 2014

King County Annual Home Sales Volume 1999 – 2014

 

#5 Crazy Fact:  The Foreclosure Market Has Dried Up.

It’s true.  The days of picking up great foreclosure deals are a thing of the past.  Sure there are still a few around, but the amount coming on the market are now back to pre-bubble days.  Volume is now back to 2008 and continues to drop.

King County Foreclosures January 2015

King County Foreclosures January 2015

 

Keep up with the latest housing statistics for King and Snohomish County, we have new charts posted monthly at www.TheSeattleTeam.com

 

 

You Think The Seahawks Are Hot! Wait Until You Read The Seattle Real Estate Forecast for 2015

 

If you think the Seattle Seahawks are hot, just wait until you see the headlines in the coming months about the Seattle real estate market.  You’ll be reading Headlines like:

  • “Serious Housing Shortage Pushes Home Prices Higher”

  • “Buyers Frustrated With Multiple Offers”.  

Deja vu?  It’s coming again.

For nearly three years homes have been selling faster than new inventory coming on to meet the demand.  This means we have an even lower inventory of homes to choose from than last year.  Last summer we got a little relief from that trend, but certainly not enough to meet demand.  This has been going on since October 2011.

King County New Listings v New Pendings December 2014

King County New Listings v New Pendings December 2014

For a healthy Seattle market we need inventory to be closer to 5,000 units.  But today we have just about 1/2 of that.  This is the lowest number of homes for sale ever, or at least since the Multiple Listing Service has been keeping records.  

Currently home sales are at a healthy pace, but with the imbalance of available homes for sale and new listings coming on the market to meet demand, we could run out of inventory.

King County Active Listing Supply December 2014

King County Active Listing Supply December 2014

This will be an excellent market for home sellers to get top dollar for their home.  There will be serious upward pressure on home prices and multiple offers.  2015 will be the year that we blow past the record high prices during the peak of the bubble in 2007.  Accurate pricing will be crucial and the market will cause Appraisal issues, or a Delay of Game, or worse a Turn-Over – you  may lose the deal.  Giving more importance in working with experienced agents.

King County Avg Home Prices December 2014

King County Avg Home Prices December 2014

With interest rates now below 4%,  it is making it an even better time to buy a home.  Buyers are going to want to get in on these historically low interest rates before they go up – the big question is this:   Will they be able to find a home?  We work with the top lenders in the area with great programs for home buyers and first time home buyers.  It will be very important to have all your financing lined up before you go House-Hunting and we know how to make you look good against those multiple offers!  Because those multiple offers go into Over Time and you want to come out on the winning side in the end!

If you know someone who is looking to buy or sell and can benefit from 27 years of dedication and experience, forward this article to them or have them give us a call!   With a challenging market like today, now is the time when experience counts.   Jess and Julie Lyda 425-487-3001.