7 Reasons to List your Home During the Holidays

Each year around this time there are numerous sellers who make the decision to postpone listing their house until after the holidays, while other sellers who already have their house listed make a decision to temporarily take the listing off the market during the holidays.

Here are 7 great reasons NOT to delay!

1. Buyers are still relocating. A great number of companies are hiring through the holiday season and are requiring new employees to start their new positions without delay.

2. Buyers who are home shopping during the holiday season are committed and eager to purchase right away.

3. You are able to restrict showing times on your home during the times you may be busy with guests or family during the holiday season, you stay in control of showing times.

4. Homes that are decorated for the holiday season show better.

5. Home inventory historically slows down in the fall and winter seasons meaning there is limited competition as a seller during the holiday season.

6. The urge to buy a home doesn’t go away just because the holidays have arrived. Home buyers who did not find their ideal home during the busy seasons of spring and summer are still house hunting.

7. Home inventory can grow after the holiday which may decrease the interest in your home during the beginning of 2019.

If you are planning to sell your home or are in search of a new home in 2019 please contact Jean Groesbeck and Associates for 5 star real estate services!

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!

2016 Forecast Highlights for the Puget Sound Region

2015

The 2016 housing market in our area is expected to be fast paced and of solid growth. Here are some market highlights in the Greater Puget Sound Region to support this idea.

1. There have been 174,000 people that have exchanged their out of state driver’s licenses for Washington state licenses in the last 12 months. Assuming there are two drivers per household, that’s 87,000 new households moving to Washington. Roughly 75% of those moved to the Greater Puget Sound region, more than 60,000 new households in Seattle-Everett-BellevueTacoma area.

2. In the last 12 months only 7,500 single-family building permits have been issued.

3. Unlike the last fast-paced market (2003-2007) there is not an overbuilt situation (see #2) allowing for speculative buying and flipping.

4. Unlike the last fast-paced market, buyers must be qualified to obtain a mortgage and second home mortgages are requiring more than 20% down.

5. There is more than 8,000,000 square feet of office space under construction in the Puget Sound Region. Of that, 70% is pre-leased. a. Assuming 110 square feet per employee that means employers are planning to hire more than 70,000 employees in the next 3 years. That is in addition to those who moved here in the last 12 months (see #1 above).

6. Delta Airlines’ location of an international hub at SeaTac will add $10 billion in construction work over the next 8-10 years as SeaTac adds 35 new gates for Delta’s hub. At completion and full utilization that can accommodate more than 840 incoming and outgoing flights per day and upwards of 10,000 new jobs for pilots, flight officers, flight engineers, airline mechanics, etc. All high-paying jobs.

7. While the Fed increased its internal interest rate from 0% to 0.25% a couple weeks ago, it has had almost no impact on home mortgages. That is because the increase was for banks borrowing money from the Federal Reserve and not home mortgages. Home mortgage rates will increase slightly throughout the next 2 years, mostly because demand for housing will be greater than supply.

So yes, we think the 2016 market will be at least as fast-paced as 2015, and the 2017 market will be slightly less fast-paced as more single-family and condominiums become available late 2016 and into the 2017-2018 periods.

(source Coldwell Banker Bain/Seal)

If you would like more information on the current real estate market statistics in your area, please let us know. We will gladly share this information with you and answer any questions you might have on the current market trends in your area. We have access to real estate market information in all counties in Washington State. Call, text or email us today!

 

(360) 941-3734

Info@JeanGroesbeck.com

809 7th St. Anacortes, WA 98221

809 7th St.
Anacortes, WA 98221

Samish Island Watefront

Stunning Samish Island Waterfront Home

Welcome to 9343 Samish Island Road – Bow, WA

Relax in serenity and casual elegance in this captivating custom 1,876± sf NW contemporary!

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Enjoy crabbing in your back yard, beachcombing, fishing, and bird watching! Beautiful exposed beams, walls of windows, river rock fireplace and stunning views blend home and nature. This perfect combination of an exceptional quality one-level home, enchanting private setting, lush gardens, and 24’± x 40’± shop challenge comparison. Unfinished second floor for more room. This is a drive-on island-no ferry line!

Samish Island is accessible by car and only 70 miles north of Seattle or south of Vancouver!

Driving Directions: From Anacortes, Hwy 20E, turn left onto Farm to Market Rd., left at Bayview Edison Road. Continue to follow Bayview Edison Rd. Turn left at Samish Island Rd.

If you would like more information on this property, or other homes for sale on Samish Island, please contact Jean Groesbeck at (360) 941-3734 or email Jean@JeanGroesbeck.com

Low Bank Waterfront on Samish Island!

10907 Samish Beach Lane – Bow 

Great Value on Samish Island just recently reduced to $898,000! 

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Two homes! This rare property has two residences (grandfathered).  The 2,268± SF waterfront residence has been an exclusive vacation rental commanding $450/night during peak season.  The road side home has commanding views and lots of space to entertain.  Low bank waterfront with fabulous crabbing, clamming, a wonderful beach and dramatic sunsets!  Great for shared investment or compound living. 

Samish Island is accessible by car and only 70 miles north of Seattle or south of Vancouver!

Driving Directions:  From Anacortes take Hwy 20E, turn left on La Conner Whitney Road, continue onto La Conner and Samish Road/ Whitney Bayview Road, keep left at fork and continue onto Bayview Edison Road, left on to Samish Island Road, right on Roney Road, 3rd left on Halloran Road, take 3rd right on Mercer Road, slight right on N. Beach Road, left on Samish Beach Lane.

For more information on this property, email me at Jean@ColdwellBanker.com or call me at (360) 941-3734!