What’s Happening in Skagit County this Weekend?

childsplayThe Lincon Theatre presents Childsplay. A local musical evening event highlighting over two dozen musicians from the United States and Europe. For over 20 years Childsplay has been performing different styles of fiddle music, both traditional and contemporary.

This event will be held on November 17th at 8pm, located at 712 S. 1st Street in Mount Vernon prices range from $25 to $40 each.

Searching for a new home isn’t child’s play. Need help? Contact us for all of your real estate needs!

Skagit Wine and Beer FestDo you enjoy a glass of wine in the evening? Like a nice cold beer on a hot day? Then, you should check out the Skagit Wine and Beer Festival on November 17th from 4 to 6pm at 4800 Eaglemont Drive in Mount Vernon.

During this evening you will enjoy local microbrews, spirits, and wines from Washington state, including Skagit Valley local wineries. There will also be appetizers and chocolates made locally in the Skagit Valley.

Looking to relocate to the Skagit Valley so you can enjoy the local wares all year long? Click here to view homes for sale in Skagit Valley.

MovemberWanting to show off that Movemeber moustache and beard that you‚Äôve been growing but unsure where to go? Here is a local Anacortes event just for you! Go show off that ‚Äėstache on November 17th from 6:30 to 10pm at Bastion Brewing in Anacortes located at 12529 Christianson Road.

Join the local Anacortes Firefighters as they raise money for the Movember Foundation and the Washington State Firefighter Cancer Network. Local music performances by Whiskey Fever and Snohomish County Firefighters Pipes and Drums.

This event is both free and kid friendly. Take the whole family down to hang out with local Anacortes Firefighters while being entertained by local Anacortes musicians. Want to be local to Anacortes too? Click here to see Anacortes home prices in our new real estate market.

Holiday Farmers MarketIt’s almost time for the Anacortes Farmers Market‚Äôs largest and most outstanding event of the year! Join the Holiday at the Port on November 17th and 18th from 10am to 4pm at the Port Transit Shed in Anacortes located at 100 Commercial Avenue.

Two full days of shopping, food, and music…all indoors! Visit your preferred vendors to grab some produce and sweets for your Thanksgiving celebration, also enjoy holiday gift shopping. Don’t forget to sign up to win some great door prizes. Reminder: Please leave your pets at home for this event, pets will not be allowed in the building.

Looking for a new home to spend the holiday season in? Click here to see homes for sale in Skagit Valley.

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 presents 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.

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.

 

 

 

 

 

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.

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!

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

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

A Must See Luxury View Home in Mt. Vernon

Private & gated custom luxury home in Mt Vernon

Are you thinking of¬†buying a new home? Our newest listing in Mt. Vernon, WA ¬†is like nothing you’ve seen before.¬†It is a magnificent home with stunning views, custom design, exquisite details, spectacular light and beautiful views! If you are looking for a home with privacy and acreage, look no further! We have the home for you in the quiet Cascade Ridge neighborhood with a private gate shared with only 1 neighbor!

View

The views from this 4+ acre estate are breathtaking, you are able to enjoy expansive views of the San Juan Islands, the majestic Olympics, and Skagit Valley! Sunsets are a sight to see here at this luxury home! As you pull into the gated circular driveway you will notice plenty of parking space, including TWO, 2 car garage, shop, and RV parking. The beautifully landscaped yard includes lush gardens and a koi pond! The covered patio makes it easy to entertain while enjoying the gorgeous views.

Koi Pond

Inside this luxury home you will find a brilliant floor plan with stunning architectural details. Spacious formal and causal entertaining areas feature 9-11′ coved ceilings with elegant lighting and are divided by french doors. As you enter every bedroom, you are able to see the many different views of the great Pacific Northwest! This home features 3 bedrooms and 3 baths. The master suite includes a huge walk-in closet that is cedar lined and a built-in alcove dresser. In the master bath there are his and her vanities, a soaking tub with a large window above, and much..much more..you must see for yourself!

Family Room

Throughout this magnificent home you will see that it’s all in the details and a MUST see.

Please click here Contact us for more information on this luxury view home in Mt. Vernon!

You can call Jean Groesbeck for a private showing 360-941-3734 or email her at Jean@JeanGroesbeck.com

If you would like to see more pictures, pricing, and details on this home Click Here to view the full listing.

809 7th Street Anacortes, WA 98221

Anacortes/Skyline Real Estate Market Update

Looking Ahead to 2014…

I am often asked about the real estate market outlook for 2014.  Overall, I expect an even better real estate market than 2013 in Skagit County but whether or not you benefit, will depend on your circumstances. Here are my predictions for Skyline and Anacortes based upon numerous articles I have read from national and state economists, real estate specialists, national builders, mortgage lenders, and the other agents across the country.

1. Interest rates will stay low but will be slightly higher than they are now.  This will impact first time home buyers the most and anyone who is looking to leverage.

2. If the economy continues to improve in Western Washington, more homeowners in the greater Seattle area will be able move into our area and either telecommute or retire.

3. The second home market is in the infancy phase of a recovery as it is always the last phase of the market to recover.  We have just started to see second home activity, but those buyers will be more cautious than in years past.

4. 2014, like 2013, will be a year of short inventory in many market segments.  We experienced an inventory shortage especially in Skyline.  In 2014, I expect many Skyline homeowners will feel they have recouped enough of their equity and will decide to sell. Competition for these homes will be new construction so condition and staging the home will be more critical than ever (I provide free staging services for my listings).

5. Most Skagit County foreclosures are behind us so there will be fewer appraisal issues on homes in escrow than in 2013.

6. Our population will increase but the number of new homes in Anacortes will be less than the population increase.  We continue to see an increase in multi-generation living as kids can’t find jobs and senior citizens live with their children to help both parties benefit economically.

What does this mean for you if you are considering selling?   Please call Jean Groesbeck for a free no obligation market analysis and to discuss strategies for achieving top dollar for your home.

If you would like to receive our quarterly newsletter, which gives a detailed breakdown of market stats by price, please call (360) 941-3734 or email Jean@JeanGroesbeck.com.  Your Anacortes Skyline specialist!