Skagit Valley Friday Night Local Events

chorus lineThe local Skagit Valley College Music and Drama departments presents: A Chorus Line. This local Mount Vernon performance tells the story of the ups and downs of a group of actors auditioning and hoping to make it into a performance in the Big Apple. This performance will be held on November 16th and November 17th at 7:30pm; November 18th at 2pm at the McIntyre Performing Arts and Conference Center 2501 E. College Way in Mount Vernon.

Are you ready to enjoy local Mount Vernon music and drama performances all year long? Wondering what the Mount Vernon real estate market is like? Click here!

concertThe local Anacortes Arts Foundation Early Music Concert Series presentas an evening of chamber music on November 16th from 7-9pm at the local Anacortes Croation Cultural Center located at 801 5th Street in Anacortes. Tickets are $25 each for this event, children and students are free. This evening concert features Reginald Mobley, an internationally known countertenor, along with some local Pacific Northwest musicians. This concert will consist of Handel cantatas and Scarlatti sonatas.

Do you love the art and music that Anacortes has to offer? Looking to find your dream home in Anacortes? Click here to search local Anacortes properties for sale.

Local Weekend Events

BrewgrassEnjoy bluegrass music? Love a good local microbrew? 2018 commemorates 15 years of Brewgrass!

Brewgrass! 2018 presents a blend of classical and current bluegrass bands. A local Anacortes event in downtown Anacortes featuring two clubs and four bands.

The Rockfish Grill, 320 Commercial Ave., and the Brown Lantern Ale House, 412 Commercial Ave., will both spotlight some incredible bluegrass bands on November 2nd and 3rd at 8pm to midnight. Both locations are in Anacortes and admission is free to both.

If you live near downtown Anacortes and are wondering what your home is worth in this new Anacortes real estate market click here.

 

SkagitValleyGardensLogoAre you anxious to get a start on the holiday season? Do you find yourself decorating for Christmas before Thanksgiving? Don’t miss this charming evening event, make it a new family tradition.

Celebrate 21 years of the Holiday Open House on November 2nd from 5 to 8pm at Skagit Valley Gardens, 18923 Peter Johnson Rd. in Mount Vernon. This local Mount Vernon event is free and open to the public.

This is an indoor event, so it will be cozy and warm. They will be presenting elegantly decorated themed Christmas trees, fashionable ornaments, exclusive gifts, stocking stuffers, refreshments, and a live quartet.

Love gardening and dream of living near Skagit Valley year round? Click here for homes for sale in Skagit Valley.

 

Friends of the ForestDo you enjoy the outdoors? Are you an avid hiker? Friends of the Forest Annual Benefit will be on November 3rd from 5 to 11pm at the Port of Anacortes Warehouse, 100 Commercial Avenue located in Anacortes.

Savor drinks, dinner by Gere-a-Deli, and music by Fidalgo Swing. There will also be silent plus live auctions highlighting artwork, day trips, goods, and services. You can purchase tickets by clicking here.

This Anacortes event provides essential support for the Forest Education and Stewardship Program, which furnish a wide variety of educational programs in the ACFL advocating a higher understanding of our extraordinary public gem.

If you’re ready to live near the forest click here for properties for sale in Anacortes.

 

 

 

 

 

What does FHA look for with an Appraisal?

House diagnostics. House with stethoscope isolated on white background. High quality 3d render.

Content from Dean Hayes, Bay Equity Home Loans

When an FHA loan is being used, the appraiser has two objectives. The Department of Housing and Urban Development (HUD) requires the appraiser to determine the current market value, as with any appraisal. But they also require a property inspection to make sure the home meets HUD’s minimum standards for health and safety.

Note that the appraiser does not replace your home inspection. The appraiser has a duty to report to your lender the comparable value of the home your buying as well as the overall condition of the home. Only a home inspector will do a thorough analysis of the condition of every aspect of your home.

HUD is mainly concerned that everything in the house functions properly and there are no health and safety issues. The basic concept of meeting FHA minimum requirements is that everything must work as it was designed to work.

Click here to view the article in its entirety

Buying a Home Young

Dean-Hayes

Content provided by Dean Hayes, Bay Equity Home Loans

In its February installment of the National Housing Survey, Fannie Mae saw surging Millennial confidence in the housing market, even with mortgage rates seemingly poised to rise, and home prices at near-record levels.

Along with more job security and increasing income, Millennial home buyers are increasingly married with children ‚Äď all three legs of the home demand stool.

Nearly half (49 percent) of Millennial buyers reported at least one child ‚Äď up from 45 percent last year and 43 percent two years ago.

As with every aspect of the marketplace, young buyers with children are the key to shaping the future of real estate.

Click here to read the article in its entirety.

Why NOW is the Best Time to Sell Your Home

sell

Between there being little inventory available in Anacortes and its surrounding areas and rising prices and interest rates, buyers often waste little time looking and want to purchase a home fast.

A recent profile of home buyers and sellers by the National Association of Realtors (NAR) indicates that homes are selling in about four weeks and for roughly 98% of the listing price, despite prices being about 6% higher.

If you are considering selling your house in the near future, contact us today for a complimentary and no-obligation market analysis of your property.

Jean Groesbeck & Assoc. LLC proudly serves the counties of Skagit, Island, Whatcom and San Juan and Team Groesbeck is available daily at (360) 941-3734, Jean@JeanGroesbeck.com, or stop by our office is located in Old Town Anacortes at 809 7th St.

Where Have All the Houses Gone?

 

 

By Jean Groesbeck

 

Where have all the houses gone?
Buyers have picked them everyone… (Adaptation from Peter, Paul and Mary’s Where Have All The Flowers Gone)

 

The inventory of homes for sale is at record LOW levels! Today, if there is a buyer looking for a one level home between $350,000-$500,000 in Anacortes, there are ONLY 2 from which to select.  2!

 

As a listing broker, my job is to get my sellers the most amount of money within the time frame that works for them with good terms and conditions.  Therefore, I carefully check the inventory for competition, and most often than not, we can significantly bump the price up.  This might not be the case in Spring when we typically have a glut of both pre-owned homes and new construction for sale.

 

If you want top dollar for your home, this is an excellent time to sell.  Call today and we can show you the demand for your particular type of home and what is the most likely selling price.

 

Oh, when will we ever learn?

 

You can reach Jean at (360) 941.3734 or Jean@JeanGroesbeck.com 

2017 Real Estate Market Predictions

Our crystal ball was pretty clear last year!  Predictions for 2016 (written December 2015) for the real estate market were:

  • New home sales will increase as a percentage of sales. ¬†‚Üź We were right
  • ¬†Homes priced right will receive multiple offers. ‚ÜźWe were right
  • Sellers will hold off moving¬†until they find the home they want to purchase. ‚ÜźWe were right
  • More regulations will cause longer closing time frames . ‚ÜźUnfortunately, we were right

2017 is a little more challenging to predict as the impact of the new administration on the housing market is not fully understood.  However, we are willing to make a few predictions for the real estate market.

Feds will raise rates at least .5% by the end of 2017, perhaps more, in at least 2 increases. This will put more pressure on the first time home buyers.  If you plan to purchase using financing, this is time to buy! Contact a home mortgage lender to find out what you need.

The Puget Sound region will continue to outperform the National market. There will be a shift in living trends in the Seattle area – small units or shared housing will grow in popularity.
A second home in a relaxing environment such as Skagit, Island, or San Juan Counties will be increasingly desirable for those that can afford such a luxury.
Overall prices will increase. Those products that have a higher demand will increase at a higher percentage rate.
The value of pre-owned homes will be impacted by new construction in particular product niches.
The market was even stronger than we predicted.  The population of Skagit and Island Counties increased based on job creation and an exodus from Snohomish and King Counties for those looking for a better quality of life.  The military influx of additional squadrons at Whidbey NAS put pressure on entry level and mid range homes in both the Oak Harbor area and Anacortes.  The shortage of housing caused prices to increase at a higher rate than expected for home in those price ranges.

Home trends that are expected to be popular next year include a continued desire for open floor plans, large garages, lots of storage/closet space, neutral colors and energy efficient homes.¬† What used to be a ‚Äúsmart home‚ÄĚ (i.e. the ability to control heating or lighting from your phone) is the norm for newer homes.¬† First floor master suites, always popular with baby boomers, are becoming more popular with Gen-X buyers. ¬†Formal dining space is not needed, but casual dining space must be large enough for entertaining.

If you would like to receive up to date local real estate market information, please contact us; call, text or email and we will gladly send you monthly information on any city in Skagit, San Juan and Island Counties.

info@jeangroesbeck.com

Info@JeanGroesbeck.com (360) 941-3734

Spring 2016 – Real Estate Newsletter

Every quarter, Jean Groesbeck & Associates brings you a Real Estate Newsletter with the latest news and trends in our current Real Estate market in Anacortes and the surrounding areas.

Here is our Spring Real Estate Newsletter. Feel free to share with your friends and family!

Baby Boomers in Anacortes

It seems that nowadays, most of the luxury buyers in Anacortes want durability and low maintenance in a home. Retirees or part-time home owners not only want move-in ready homes, but also low maintenance landscaping, and durable and easy to maintain interiors. Many home owners are replacing carpet with tile or vinyl… YES VINYL! New vinyl flooring that looks so much like real tile or wood that you can not tell the difference unless you touch it and it is a breeze to clean. Engineered wood flooring is also being favored over real hardwood because it is more durable, easier to maintain and it also is Eco-friendly!

Because the luxury market in Anacortes is dominated by baby boomers (born 1946-1964), we see an increase in the demand for main level living homes with views. Jacuzzi tubs are no longer in vogue, and boomers opt for easily accessible showers with multiple shower heads and/or steam. In two level homes, we see buyers prefer a master suite on the main level and a second suite in the upper level where they can enjoy more of a view with the idea that as they age, they can use the suite on the main level to avoid stairs. Another trend is homes built with closets aligned on each level to accommodate an elevator in the future.

Even if you are not old enough to be a baby boomer, you might want to consider these trends so that you are able to enjoy your home for a long time and age in place or even make your home more appealing when you list your home for sale in Anacortes.

If you would like more tips on how to make your home more appealing to the current luxury buyer’s market in Anacortes or if you would like to make improvements to age in you current home with ease, please let us know! We are here to help.

Info@JeanGroesbeck.com

(360) 941-3734

809 7th St Anacortes, WA - (360) 941-3734

809 7th St Anacortes, WA – (360) 941-3734

2015 was a Home Run year for Skagit County

2015 was a great year for real estate in Skagit County.

Take a look at our 2016 Winter edition of Real News! We will tell you why 2015 was a “Home Run” year for our market and we will discuss if the real estate market in Skagit County will continue to improve in 2016.

Interested in market statistics for your area? Let us know! we will gladly share the information with you. Call, text or email us today!

 

(360) 941-3734

Info@JeanGroesbeck.com

809 7th St Anacortes, WA - (360) 941-3734

809 7th St Anacortes, WA – (360) 941-3734