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.
The other day while talking with the team, we were discussing the continued low inventory levels and got focused on foreclosures. With lots of laughs, remembrance of heart ache and pain, and high inventory levels, its amazing how drastic the real estate climate, access to inventory, and negotiating leverage can swing.
In a follow up to the 2017 Foreclosure Guide, lets take a snapshot look at the first half of 2017.
Foreclosure Inventory by Month
In May 2017, there is less than one month of active foreclosures with a sharp decline starting in November 2016. Once what was a lucrative market for buyers and investors, is no longer.
The tour starts in the front yard and travels inward at 15s intervals so you'll have time to pan, tilt, or mouse the camera to see the entire home.
Official Property Listing: http://www.barnettassociates.net/property/1097198/
We've recently listed a condo in downtown Snohomish and filmed it with a 360° video camera. When watching on a mobile device, a user can move their device to control the camera angle or mouse the screen with a finger to change the camera angle as well. On a desktop, just click and hold to mouse the camera angle in any direction to see more.
For this video, unlike previous 360° videos, the camera was tripod mounted and each room filmed individually in 30 second clips. This will allow users to watch more of the home, in a give time-frame, versus having excessive camera panning and having to compensate for that pan.
Let us what you think of the new format and we're looking forward to adding titles and more details in this format as well improve lighting and color. Enjoy!
Official Listing: http://www.barnettassociates.net/property/1087460/
Are you wanting to learn more about Snohomish County's new construction home market with vacant lot and new home sales? Then take some time to read the Snohomish County's 2016 Home Builder Report for loads of information on last years figures and a few projections.
In the 2016 Home Builder Report we'll cover:
- Average Lot S.Qt / Median Home Price
- Lots Sold by Area
- Lot Sellers & Buyers
- Top Builders
- New Home Sales by Area
- New Home Sales by Price
Lots by Avg. Sq.ft / Median Sales Price
Not surprising, lot prices tend to be more expensive in south county with Bothell having the most expensive lots per average square foot - $227,833 for 6,600 sq.ft - followed by Mill Creek and then Everett.
In north county, Stanwood and Arlington's average lot size is a respectable 1 acre with a price ranging from $132,780 - $175,000. The then decrease substantially when heading to east county.
When purchasing a home, there can be variety of choices based on location, lifestyle, budget, tastes, architecture, and employment just to name a few. The decision can seem monumental and overwhelming to some with "is it the right decision" looming in the background. This article will focus on condominiums and single family homes and which is better, or the right choice.
Snohomish County has long been considered a bedroom community of Seattle and its suburbs with single family homes being the most prominent. Only recently it seems that Bothell, Lynnwood, and Everett have increased expansion of condo communities since their downtowns have become more desirable with shopping and entertainment within walking distance. Where as single family homes, in those areas, are experiencing skyrocketing prices.
Foreclosures were all the buzz in the post 2007 real estate crash. Opportunities were prime pickings with high inventory levels, cheap prices, and with buyers having the negotiating leverage.
In the 2017 Foreclosure Search Guide, we'll venture into what are foreclosures, how properties become a foreclosure, who are the main foreclosure sellers, what the inventory levels are, and how to search for foreclosures in your area.
Can you believe it, the rain has returned and the snow has all melted. At our house, we had snow holding on during the cold days yet its all since faded. Here is a video from late December which gave us a While Christmas.
When choosing and purchasing a home, items and time sensitive tasks are common and usually continue all the way till closing. Some of these items are scheduling showing appointments and showing homes, learning neighborhoods and areas, writing and submitting offers, negotiating contract terms, conducting home and septic inspections, and loan applications and appraisals.
Now that we understand what is a short sale property is, we'll continue on with these types of properties with Learn How to Buy a Short Sale Property. Buying a short sale properties can be complex, cumbersome, patience testing, confusing, vague and frustrating while seemingly never ending. However, short sale properties also offer advantages, like a good deal.
So, in How to Buy a Short Sale Property we'll be discussing terminology, the parties involved, how to submit a offer, and the closing process.
Join us for a quick video tour, complete with drone video, of this lovely Snohomish home. Located just north of Cascade View Elementary School and off Hill Rd, don't forget King Charley's Drive In, and near Snohomish Station. Enough can't be said of this place so please enjoy the video.