Real Estate

Newsletter | Autumn, 2019

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Hello there-

Fall is now in full swing and the holidays are just around the corner. There's so many fun events around the sound this month...a little something for everyone! From Earshot Around the Sound to Windermere + Football = #TackleHomelessness and so much more - enjoy what we hope is a good read!

Here's to fall leaves and a spooky Halloween.

Cheers!

Home Remodeling: Adding a Pop of Color

Houzz brings us inside the transformation of a home improvement project. Home remodeling requires careful planning. A married couple from Boston is looking to update the kitchen in their Victorian home that they have lived in for more than a decade. Jodi Swartz and her team at Kitchen Visions was hired to reconfigure the kitchen layout, while preserving the architectural details. One of the first remodeling projects included replacing the brown kitchen cabinets with new ones. The cabinets were covered in a Benjamin Moore’s Application to lighten up the space.

The original layout included two staircases that merged into one. The staircase in the kitchen utilized too much space. In order to be creative, extra space was gained by eliminating the kitchen staircase and adding an additional row of lower cabinets to maximize storage. The extra wall of cabinetry included a built-in microwave, dishwasher, and main sink.  This new design makes the kitchen functional and aesthetically appealing.

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Appliances are now available with abundant color customizations. Small burst of colors can make a kitchen pop. Swartz was able to incorporate a bold red range and a new built-in red refrigerator. The creamy cabinetry helps increase the presence of the red refrigerator and range, making it a focal point of the remodel.  To brighten the kitchen interior and keep the kitchen feeling open, the design team covered the wall in a classic white subway tile. Some other design features of the kitchen renovation included black granite countertops, new cabinet hardware, and pendant lighting. The kitchen island was modernized and topped with marble-look quartz that features a prep sink.

Kitchen renovations improve the overall function, creates a beautiful remodeled space, and adds value to your home. Pick design elements that match your style and preference. If you need inspiration for your kitchen remodel and would like to see more details of this kitchen transformation,

Summertime Successes | 2019

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Anyone who has owned a home knows that it can be a purchase based on an a high level of emotion. The Kitsap Peninsula is experiencing an surprisingly low inventory this summer, which means it is the perfect time to list your home. Low inventory in your area not only often results in fewer days spent on the market, it also favors increasing home prices - making this a seller’s market.

 
Sinclair Inlet Waterfront   4 Beds, 1.75 Baths, 3,926sf | Sold at $530,000  Represented Seller

Sinclair Inlet Waterfront

4 Beds, 1.75 Baths, 3,926sf | Sold at $530,000
Represented Seller

Fern Street Townhouse   3 Beds, 2.5 Baths, 1,344sf | Sold at $305,000  Represented Seller

Fern Street Townhouse

3 Beds, 2.5 Baths, 1,344sf | Sold at $305,000
Represented Seller

Country Living   3 Beds, 1.5 Baths, 1,574sf | Sold at $495,000  Represented Seller

Country Living

3 Beds, 1.5 Baths, 1,574sf | Sold at $495,000
Represented Seller

Hood Canal Waterfront   3 Beds, 2.75 Baths, 2,312sf | Sold at $691,000  Represented Seller

Hood Canal Waterfront

3 Beds, 2.75 Baths, 2,312sf | Sold at $691,000
Represented Seller

Shoreview Drive   3 Beds, 2 Baths, 1,540sf | Sold at $326,000  Represented Seller

Shoreview Drive

3 Beds, 2 Baths, 1,540sf | Sold at $326,000
Represented Seller

Rolling Bay Gardens   4 Beds, 2.75 Baths, 3,398sf | Sold at $839,000  Represented Seller

Rolling Bay Gardens

4 Beds, 2.75 Baths, 3,398sf | Sold at $839,000
Represented Seller

Northwest Mystic Court   3 Beds, 2.5 Baths, 1,752sf | Sold at $399,950  Represented Buyer

Northwest Mystic Court

3 Beds, 2.5 Baths, 1,752sf | Sold at $399,950
Represented Buyer

Hidden Heights   3 Beds, 3.5 Baths, 2,804sf | Sold at $715,000  Represented Buyer

Hidden Heights

3 Beds, 3.5 Baths, 2,804sf | Sold at $715,000
Represented Buyer

 

If you have considered selling your home, now is the time to embrace the last few lazy days of summer. I would love the opportunity to discuss options for your home sale and provide a personalized market analysis.

Slow Summer Days | Millenials May Drive the Market

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Forbes has 6 expert predictions for the second half of 2019:

·         Millennials will drive the market
·         Inventory will improve but not by much
·         Home prices are headed up
·         Mortgage rates will stay low
·         Buyers can take their time in this market
·         Some markets will provide better home buying opportunities than others 

37%

Of All Homebuyers Last Year Were Millennials

This is a prime home buying season for millennials. According to National Association of Realtors (NAR), 37% of all home buyers last year were made up of millennials. The slow down of the housing market has given millennials the opportunity to afford home ownership. According to Forbes’ predictions, housing prices are still expected to rise, but the current low mortgage rates have helped improve the affordability for home buyers. The housing market has become less competitive, and bidding wars have decreased drastically compared to the last several years. Now, buyers don’t feel rushed to close on a deal. Housing conditions continue to vary by market.  Depending on what kind of house you’re looking for and the location, some cities might offer home buyers more affordable bargains due to the change in the regional housing markets. 


Been Thinking of a Summertime Move?

If you’ve been considering buying a home, now’s the time to connect with a real estate agent who really gets the local market. Give me a call if you’d like to grab a cup of coffee and chat about your options!”


Cooler Housing Prices in Seattle while Suburbs Turn Up the Heat

Photo courtesy of 18634 NE Vaughn Milton Loop, Poulsbo // MLS #1428159

According to Paul Roberts of the Seattle Times, the Puget Sound housing market continues to splinter into hot and cold sectors — with substantially more heat the farther south you move — but the trend may be moderating as buyers and sellers adjust their expectations. In Kitsap County, the median home price increased 6.9% over the past 12 months, to $385,000, in May — a significant jump from April’s increase of 4.5%.

$385,000

↑ Median Home Price Increased 6.9% for Kitsap County