Snohomish County Real Estate Blog, News, & Statistics

The Snohomish County real estate blog address news and statistics which are pertinent to the real estate buyer, seller, and investor. Our goal is too provide educational information so people can make the best housing decision for them and their lifestyle. Please feel free to ask questions, participate in discussions, and share your experiences.

April 17, 2014

What is Escrow and Why is it Needed in Snohomish County?

What is real estate escrow?

An escrow is an arrangement in which a neutral third party (the escrow agent) assembles and processes all of the components of a real estate transaction (including legal documents), records the transaction, and ultimately, disburses and distributes funds according to the buyer's and seller's instructions. Your transaction is typically closed by an Escrow Officer or LPO (Limited Practice Officer) in Washington State.

Share This Post
April 10, 2014

Neighborhood Spotlight: On the Hill

On the Hill Homes

More commonly known as east Marysville, and encompassing Bayview Ridge, Munson Creek, and the Northpointe developments, On the Hill is an established neighborhood with traditional Northwest architecture and mature landscaping. Being located on Marysville eastern border, and on a western facing slope, many homes are blessed by beautiful sunsets paired with timeless silhouettes of Olympic Mountains, the Puget Sound, and Whidbey Island. More neighborhood hallmarks consist of tree lined and wide flowing streets, the 18 hole Cedarcrest Golf Course, and quick access to SR 9 (aka Highway 9) and downtown.

Share This Post
April 3, 2014

Why Should You Buy Now vs Later in Snohomish County

Why should you buy a home now vs later? Is there a waiting cost in delaying a purchase? Is there an echo bubble coming and waiting is the right choice? On the flip-side, in a declining housing market there is a cost savings with renting versus buying. Or is this smoke & mirrors to get people to buy? Creating a sense of urgency is not the goal here; however, showing the waiting costs in an increasing housing market is.

Share This Post
April 1, 2014

Trulia.com Becomes a Dating Site for Real Estate Agents

Trulia.com, the national real estate website, has become a real estate agent dating site in what's been dubbed at Truluvia. Find Truluvia at Trulia.com and meet other real estate singles.

 

Share This Post
March 18, 2014

Common Property Deeds in Snohomish County

Property deeds are the legal means by which real property transferred from owner to owner in Snohomish County. If you have purchased or sold a home then you've probably seen a 'legal description' or a 'statutory warranty deed' when writing and organizing a purchase and sale agreement or as apart of the closing documents. Deeds are an important and imperative part of the real estate contract yet what types of deeds transfer real property?

Share This Post
March 8, 2014

Neighborhood Spotlight: Warm Beach

In the second edition of Neighborhood Spotlight, we travel to northwest Snohomish County and the city of Stanwood Washington where you'll find the community of Warm Beach. Approximately 4 sq/miles, Warm Beach lends its name (though this is not confirmed) to Washington's afternoon summer Sun which blankets its shorelines.

While being a quaint Stanwood community, Warm Beach has annual event that brightens hearts in cold winter months, the Warm Beach Lights of Christmas. Know for its million plus lighting displays, kids rides, hot chocolate, and winter bizarre, the Light of Christmas is a splendor to gaze upon.

Share This Post
Feb. 28, 2014

Free Home Selling Checklist for Snohomish County Homeowners

Selling a home can cause stress and anxiety amongst homeowners. Strangers walking through personal space, viewing personal memories, and finding the time to prepare a home for sale is a chore all on its own. When meeting with homeowners, to sell their home, staging is always a topic of conversation.

Share This Post
Feb. 19, 2014

What is a Home Inspection & Is It Required in Snohomish County?

When buying a home, or selling for that matter, if financing is involved then its highly likely a home inspection is required. But what are home inspections? Who does them? And what are they for? All these questions are typical when buying a home, especially with a first-time homebuyer or someone who hasn't bought or sold real estate lately.

Share This Post
Feb. 12, 2014

Snohomish County Real Estate Statistics for Jan. 2014

Snohomish County's residential real estate statistics for January 2014 are published below with focuses on average and median home prices, market times, inventory levels, and pricing segments. Will Snohomish County continue to a healthy recovery or will affordability continue to be pushed out of the area?

Average & Median Home Prices for Snohomish County

The average closed price home for Jan. 2014 compared to Jan. 2013 increased of 11.1% and the Y-T-D prices show the same. The median closed price increased 12.4%. In November the price increases were higher which could point to early signs of a slowing; however, the reduction in gains are not significant enough to make a conclusion.

Share This Post
Feb. 4, 2014

Neighborhood Spotlight: Silver Lake

In this first edition of Neighborhood Spotlight we are going to take a closer look at a place that many Snohomish County residents love and call home, Silver Lake. Lending to its name sake, Silver Lake's neighborhood namesake stems from the 35.3 acre freshwater lake that adorns the area.

Share This Post