North King County Quarterly Market Trends

North King County Quarterly Market Trends

As we head into the summer months we are seeing a healthy jump in inventory in our area. In May, we saw the biggest jump in new listings in a decade! Price appreciation has created this phenomenon, motivating many people to make big moves with their equity. In fact, prices are up 13% year-over-year. We currently sit at 1.1 months of inventory based on pending sales. This more-equal balance of homes for sale compared to the first quarter has created great opportunities for buyers, finally! While it is still a seller’s market, it has eased up a bit. The average days on market in June was 16 days and the average list-to-sale price ratio was 103%.

North King County real estate has a very high premium due to close-in commute times and vibrant neighborhoods. In fact, the median price in June was $800,000. Sellers are enjoying great returns due to buyers choosing to lay down roots in our area, and buyers are securing mortgages with minor debt service due to low interest rates. The easing of inventory is a welcome change and is helping to temper price growth.

This is only a snapshot of the trends in north King County; please contact me if you would like further explanation of how the latest trends relate to you.


Posted on July 27, 2018 at 5:07 pm
Casey Bui | Posted in North King County, Quarterly Market Trends | Tagged

South Snohomish County Quarterly Market Trends

South Snohomish County Quarterly Market Trends

As we head into the summer months we are seeing a healthy jump in inventory in our area. In May, we saw the biggest jump in new listings in a decade! Price appreciation has created this phenomenon, motivating many people to make big moves with their equity. In fact, prices are up 13% year-over-year. We currently sit at 1.3 months of inventory based on pending sales. This more-equal balance of homes for sale compared to the first quarter has created great opportunities for buyers, finally! While it is still a seller’s market, it has eased up a bit. The average days on market in June was 11 days and the average list-to-sale price ratio was 102%.

South Snohomish County real estate has been an affordable option compared to “in-city” real estate. In fact, the median price in June was 41% higher in Seattle Metro. Sellers are enjoying great returns due to buyers choosing to lay down roots in our area, and buyers are securing mortgages with minor debt service due to low interest rates. The easing of inventory is a welcome change and is helping to temper price growth.

This is only a snapshot of the trends in south Snohomish County; please contact me if you would like further explanation of how the latest trends relate to you.

 


Posted on July 27, 2018 at 5:04 pm
Casey Bui | Posted in Quarterly Market Trends, South Snohomish County | Tagged

North Snohomish County Quarterly Market Trends

North Snohomish County Quarterly Market Trends

As we head into the summer months we are seeing a healthy jump in inventory in our area. In May, we saw the biggest jump in new listings in a decade! Price appreciation has created this phenomenon, motivating many people to make big moves with their equity. In fact, prices are up 11% year-over-year.  We currently sit at 1.4 months of inventory based on pending sales. This more-equal balance of homes for sale compared to the first quarter has created great opportunities for buyers, finally! While it is still a seller’s market, it has eased up a bit. The average days on market in June was 21 days and the average list-to-sale price ratio was 101%.

North Snohomish County real estate has been an affordable option compared to “in-city” real estate. In fact, the median price in June was 86% higher in Seattle Metro. Sellers are enjoying great returns due to buyers choosing to lay down roots in our area, and buyers are securing mortgages with minor debt service due to low interest rates. The easing of inventory is a welcome change and is helping to temper price growth.

This is only a snapshot of the trends in north Snohomish County; please contact me if you would like further explanation of how the latest trends relate to you.

 


Posted on July 27, 2018 at 5:02 pm
Casey Bui | Posted in North Snohomish County, Quarterly Market Trends | Tagged

KCM Pent Up Demand

KCM Pent Up Demand

Have you been considering a move?  Folks are staying in their homes longer than before, this is attributing to the increase in inventory as people choose to come to the market. Where is your next move?


Posted on July 9, 2018 at 10:49 pm
Casey Bui | Posted in Uncategorized |

KCM Equity Levels

KCM Equity Levels

Equity levels have improved quite a bit over the last 10 years. Appreciation and the size of down payments play into this. This overall position is one that can be utilized to make moves or sustain your nest egg by staying in place. What are your goals?


Posted on July 9, 2018 at 10:37 pm
Casey Bui | Posted in Uncategorized |

Where to Watch Fireworks 2018

The Fourth of July is right around the corner.  With it being on a Wednesday, keeping it local makes sense.  Here is a list of local firework shows to help you celebrate the great U.S. of A!

Bellevue – Downtown Park 10:05 p.m.

Des Moines – Marina 10:20 p.m.

Edmonds – Civic Stadium 10 p.m.

Everett – Port Gardner Bay 10:20 p.m.

Federal Way – Celebration Park 10:15 p.m.

Kent – Lake Meridian Park 10 p.m.

Kenmore – Log Boom Park 10:00 p. m.

Kirkland – Marina Park 10:15 p.m.

Lakewood – Joint Base Lewis-McChord 10 p.m.

Newcastle – Lake Boren Park 10 p.m.

Renton – Coulon Park 10 p.m.

SeaTac – Angle Lake Park 10 p.m.

Seattle – Lake Union 10:20 p.m. BIG!

Tacoma – Ruston Way 10:10 p.m. BIG!

Tukwila – Fort Dent Park 10 p.m.


Posted on June 15, 2018 at 9:21 pm
Casey Bui | Posted in Eastside, Edmonds, North King County, North Snohomish County, Seattle Metro, South King County, South Snohomish County |

Community Service Day Video

Last Friday was our annual Windermere Community Service Day.  We had a great day working in the fields of the Martha Perry Garden, helping set the stage along with the Snohomish Garden Club for fresh produce to come to the local food banks. Our hard work will be their harvest and will put fresh veggies and fruits on the plates of many!

Posted on June 15, 2018 at 9:08 pm
Casey Bui | Posted in Uncategorized |

Local Splash Parks

It is that time of year when the sun comes out and the kids need to cool down and get their wiggles out outside. My blog has a list of local splash parks that are sure to beat the summer heat!

South Snohomish

Daleway Park

19015 64th Ave W, Lynnwood WA 98036

Edmonds City Park

600 3rd Ave S, Edmonds WA 98020

 

North Lynnwood Park

18510 44th Ave W, Lynnwood WA 98037

Rotary Centennial Water Playground

802 E Mukilteo Blvd, Everett WA 98203

Willis D. Tucker Park

6705 Puget Park Drive, Snohomish WA 98296

 

Seattle

Georgetown Playfield

750 S Home St, Seattle WA 98108

Northacres Park

12718 1st Ave NE, Seattle WA 98125

Pratt Park

1800 S Main St, Seattle WA 98144

 

Eastside

Crossroads Water Spray Playground

999 164th Ave NE, Bellevue WA 98008

Grass Lawn Park

7031 148th Ave NE, Redmond WA 98052

Sammamish Commons

801 228th Ave SE, Sammamish WA 98074

 

 


Posted on June 15, 2018 at 8:58 pm
Casey Bui | Posted in Eastside, Seattle Metro, South Snohomish County | Tagged

Outdoor Movie Schedule: Summer 2018

Don’t forget your blanket and the popcorn! It is the time of year when it’s nice enough to grab a movie outdoors – how fun!  Here is a list of local outdoor movies planned for this summer.

South Snohomish

Arlington’s Old Time Movies

Terrace Park

7/6       Star Wars: The Last Jedi (at the Airport Fly In)

7/12     Early Man

7/19     Peter Rabbit

 

 

Edmond’s Outdoor Movie Night

Frances Anderson Center Field

7/27     Moana

8/3       Wonder

 

Everett’s Cinema Under the Stars

Thornton Sullivan Park, Camp Patterson Field

7/20     Early Man

7/27     Coco

8/3       Wonder

8/10     Moana

8/17     Guardians of the Galaxy Vol 2

 

Marysville Popcorn in the Park

Jennings Park, Lioins Centennial Pavilion

7/14     Despicable Me 3

7/21     Jumanji

7/28     Cars 3

8/4       Wonder Woman

8/11     Star Wars: The Last Jedi

 

Sundquist Family Movies in the Park

Willis Tucker Park

7/12     Jumanji

7/19     Ferdinand

7/26     The Greatest Showman

8/2       Coco

8/9       Wonder

8/16     Beauty and the Beast

 

Eastside

Bellevue Movies in the Park

Downtown Park

7/10        Despicable Me 3

7/17        Boss Baby

7/24     The Lego Ninjago Movie

7/31     Goodbye Christopher Robin

8/7       Paddington 2

8/14     The Greatest Showman

8/21     Ferdinand

8/28     Ghostbusters

 

Crossroads Movies in the Park

Crossroads Park

8/2       TBD

8/9       TBD

8/16     TBD

8/23     TBD

 

Carillon Point Outdoor Movies

Carillon Point Plaza

7/7       Despicable Me 3

7/21     The Wedding Singer

8/4       Jumanji

8/18     Star Wars: The Last Jedi

 

Movies at Marymoor

Marymoor Park

6/28     The Goonies

7/5       Wonder Woman

7/11     Jumanji

7/18     Coco

7/25     The Greatest Showman

8/2       10 Things I Hate About You

8/8       Thor: Ragnarok

8/15     Ferdinand

8/22     Black Panther

8/29     The Princess Bride

 

Seattle Area

Bite of Seattle

Seattle Center Mural Amphitheatre

7/20     A League of Their Own

 

Cinema under the Stars

Columbia Park

7/14     Best of the Children’s International Film Festival

8/18     Coco

 

Movies at the Marina

Shilshole Bay Marina

8/3       Overboard

8/17     Moana

 

Movies at the Mural

Seattle Center Mural Amphitheatre

7/28     The Princess Bride

8/4       Get Out

8/11     Little Shop of Horrors

8/18     I am Not Your Negro

8/25     Wonder Woman

 

Seattle Outdoor Cinema

South Lake Union Discovery Center

6/16     The Goonies

7/21     Jurassic Park

8/25     Black Panther

 

West Seattle Outdoor Movies

Fauntleroy Triangle

7/21     Wonder Woman

7/28     The Secret Life of Pets

8/4       Star Wars: The Last Jedi

8/11     A Wrinkle in Time

8/18     Coco

8/25     Black Panther

 *Check websites for start times, pre-movie activities and to make sure your favorite movie hasn’t been canceled or changed!


Posted on June 15, 2018 at 8:20 pm
Casey Bui | Posted in Uncategorized | Tagged ,

FICO Scores

I often hear that potential buyers think they need to have perfect credit to qualify for a home purchase.  Check this out!  53% of buyers had a score between 600-749 according to Elle Mae.  If you’re curious about what it takes to be a buyer in today’s market, please reach out and I can help.


Posted on June 6, 2018 at 6:59 pm
Casey Bui | Posted in Uncategorized |