4th Quarter Housing Market
There are some great insights by Matthew Gardner, Chief Economist, Windermere Real Estate in is most resent. The Gardner Report It is looking like it will continue to be a sellers market for 2018. The question is, just how much of a shift towards a balanced market will it take by years end? It sounds like it could start that shift.
15 Acres of Tranquility & Possibilities – SOLD
Listed at $749,950 is this amazing custom home on 15+ tranquil, wooded acres. 4 bed, 2 3/4 baths, master on main w/ gorgeous entertaining decks, atrium, slab granite, vaulted cedar ceilings, brand new roof, potential MIL, high efficiency heat pump, built in vac, hot tub, and garage/shop with three bay carport. Property features, amazing garden/orchard, salmon creek, beaver ponds, walking/riding trails, RV/toy parking, and sports court. Maybe room for granny cottage? Come, relax, enjoy!!
The Windermere Foundation and what it does
As part of every transaction I donate to the Windermere foundation. This is a look at where are the money goes and how much good is being done with it. So I would like to thank all my clients once again for the opportunity to work with you which in turn helps to fund a lot of good being done by the Windermere Foundation.
Multi-Generational Homes – High in Demand in 2016
Multi-generational home is a property that can have multiple families living under one roof in separate spaces. A multi-generational home could house a married couple caring for an older parent, a grandparent living with an adult grandchild, or even Baby Boomers living with adult children who have moved back into the home.
This has becoming such a trend that the National Association of REALTORS® has begun to track the buying trends of this type of housing, although it is has likely been a trend since before civilization even began. After World War II, the trend began for families to be more of a self-contained unit, housing just a single generation under one roof. However, the demand for multi-generational homes has risen in the last few years, partially due to the recession and its impact on the nuclear family. Families found it more financially feasible to band together and share resources and now these types of homes are in high demand due to the success of these living arrangements. In their 2015 Home Buyer and Seller Generational Trends Report, The National Association of REALTORS® reported that 13% of all the homes purchased in 2015 was a multi-generational home. Buyers made their purchase for a number of reasons:
Builders are just starting to include floor plans with separate living quarters possibly with their own ensuite, kitchen, and public living space. Another trend in multi-generational housing solutions is to remodel an existing home. Making room for family members that need independent living is a very sought after remodeling request which will continue to grow in the coming years.
Investor Opportunity in North Everett
Available housing inventory is limited in most markets in King & Snohomish counties. Investor opportunities are becoming fewer as prices continue to go up. This great property in Everett offers a home that has been well kept and does not really need anything done to it prior to adding a renter. If you are not an investor that is okay too. This is a great home for a first time home owner just getting started with the idea of building a nice real estate portfolio.
http://www.windermere.com/tid382744