Seattle Real Estate: What Are People Looking For?

Seattle real estate seller  and curious about how hot your market is?Web01

I always like to start with the internet search data to see what it is people are looking for compared to other segments of the market. For instance, Seattle floating homes  and Seattle waterfront homes are a particularly hot market, but when you look at it overall compared to other segments of the Seattle real estate market, you get an idea of how truly hot Seattle’s market is.  Here is a comparison of searches  over the last 90 days using just a few keywords or key phrases so you can get an idea of how often people are searching for certain types of Seattle properties….

If you want to see what is for sale in these categories, you can look at Seattle properties for sale here:

Seattle homes for sale | Seattle condos for sale | Seattle Houseboats

Call/Text Molly or me if you would like to learn more or drill down to some additional numbers. We are happy to help 206-841-6800 or homes@cooperjacobs.com

Queen Anne Condo On Olympic Place 98109

Queen Anne CondosQueen Anne Condos:

Just closed in escrow yesterday!

500 W Olympic Place

Seattle, WA 98109

Seattle Realtor Molly Cartwright did a fabulous job representing the seller of this Queen Anne Condo.  We received more than one offer and the property did sell for 101.97% over  list.  This is a good rate for a condo in that price range.  Please let us know if you have a Queen Anne condo for sale.  We have other buyers interested and Seattle real estate inventory is extremely low.

Queen Anne condos sell quickly so if you are a buyer looking for a home and want to learn more information about buying a condo, please let us know – we are happy to help and have been quite successful in representing our buyers in multiple offers.  We can help you with Queen Anne condos or other Seattle condos and have a great grasp on the current market and what it takes to buy a home in this environment.  We also have fun finding the cool view condos if that is what you are interested in.  The Space Needle views from Queen Anne never grow old and it is an amazing city to live in. Queen Anne is rich with history, but also extremely “with it” when it comes to what people want in their community. It’s an exciting place and we look forward to sharing our favorite Queen Anne spots with you.

Here is how you can reach us:

Molly Cartwright 206-841-6800 (call/text)

Courtney Cooper 206-850-8841 (call/text)

You can also email us at QA@CooperJacobs.com  We look forward to hearing from you.

Just Listed in Maple Leaf!

Maple Leaf Homes For Sale:  Just Listed By Cooper Jacobs! (SOLD)maple leaf home for sale

Situated high above the street to capture the best views, take in Greenlake, the Seattle skyline and the Olympic Mountains. 3 bedrooms/1.5 baths with a finished non-comforming 4th bedroom/office in the basement, a perfect place to hide away for quiet. Modern kitchen with granite counters and stainless appliances. Full height ceilings in the basement. 1 car attached garage and fully fenced yard.  $629,950

More info:  502 NE 82nd St

Please email us for more info on this Maple Leaf home or others:

realestate@cooperjacobs.com

maple leaf home for sale

Seattle Real Estate: Interest Rates, Affordability, And What’s Next

Looking At Seattle Homes For Sale, Interest rates, and Affordability – Should You Buy Now?  Or Wait?

The fact is that interest rates on 30-year, 20-year and 15-year fixed rate mortgages are some of the lowest in history.  We don’t know how they will increase over the next two years.

In discussions with friends about their plans to purchase a home I often hear them say that they would like to purchase in a year or two.  This is great news for everyone.  However, I usually try to educate them on the current advantages of low mortgage interest rates. – Cooper Jacobs Real Estate

Taking advantage of a 4% or lower loan rate can save prospective homebuyers thousands, if not over $100,000 in the amount of interest paid on the life of a loan.[1] Currently, interest rates on a 30-year fixed loan are setting at 4.02%.  That is the lowest since June 2013.[2] With the economy on track for a solid 3.5% annual growth and inflation rising, investors are beginning to dump bonds for stocks.[3] This, in turn forces financial institutions to raise the interest rates on loan products to keep a profit.

Seattle homes

The economy is no doubt on an upward trajectory.  Baring another economic disaster, the economy will continually improve and force interest rates up.  Can we predict whether interest rates will be significantly higher in 2016?  The answer is no.  However, we can say with confidence that they will be higher and when it comes to your money every dollar matters.

Current homeowners are taking advantage of these low interest rates by refinancing.  They understand the significant savings to be had by leaving their 30-year fixed rate mortgage for a new 20-year or 15-year fixed loan instead.  In fact, 44% of people who refinanced in the third quarter “ditched their existing 30-year fixed rate loan in favor of a shorter-termed 15-year or 20-year loan.  It’s the second quickest exodus from the 30-year fixed rate mortgage in recorded history…”[4]

So, instead of putting off the home buying process for another year or more, people should begin to get their feet wet.

  • Build a relationship with a local Seattle Realtor
  • Ask your Realtor for their trusted resources such as a referral for a lender.
  • Find out what kind of loan options you can qualify for and what is available.

By taking advantage of these resources you can be prepared to pull the trigger when you find a home that you love.  It should also be noted that using a Realtor that is from your neighborhood is a service that will cost you, as a potential home buyer, nothing out of pocket.  So, let a professional help you do the searching and narrow down the choices for you.  In the end, it is all about making things smooth and easy while saving money.


[1] Lisa Ward, “The Steep Cost of Not Refinancing,” The Wall Street Journal, November 9, 2014.

[2] Average 30 Year Fixed Mortgage rates, http://www.mortgagenewsdaily.com/data/30-year-mortgage-rates.aspx

[3] The Detroit News, “U.S. 30-Year Mortgage Rate up to 4.02%,” http://www.detroitnews.com/story/business/personal-finance/2014/11/10/mortgage-rates-rise/18779027/

[4] Dan Green, Today’s Low Mortgage Rates Push Borrowers Away From 30- Year Loans, http://themortgagereports.com/16858/freddie-mac-refinance-report-transition-15-year-30-year-mortgage-loan

Cooper Jacobs Real Estate  realestate@cooperjacobs.com

 

 

Seattle Houseboats: 2014 Floating Homes Show Was A Hit!

Seattle Houseboats Brokers

Thank you to all the amazing volunteers who showed up in full force to make the 2014 Seattle Floating Homes Tour a success!

floating homes tour poster

Cooper Jacobs Brokers were on site to volunteer as well!

Thank you to all the members of Cooper Jacobs Real Estate.  This tour is a way for our office to give back to a phenomenal community! The Seattle floating homes neighborhood is very near and dear to our hearts and all proceeds of this tour go to the Floating Homes Association.

floating homes tour map

There were twelve Seattle floating homes on the tour this year in both Eastlake and Westlake.  We had 6 electric boats going back and forth across Lake Union as well as buses for ticket holders to go back and forth.

The theme this year was Wonderful Water Colors and co-chair Sue Jostrom was responsible for the beautiful pieces of art in the ticket/brochure. Courtney and Molly coordinated roughly 100 volunteers over two different shifts.  Jann , Melissa, and LeAnne were at Will Call passing out tickets to the purchasers of the sold out tour.  There were 1200 tickets sold this year and it was a success all the way around.

seattle realtors

Thanks to Brian Olsen and Jim Dougherty for being two of the twelve Captains crossing Lake Union on what was a very busy day on the lake! Thanks to Rick and Joyce Miner for providing the signage for us and thank you to Tricia Rendina and Joyce Black for being co-chairs and organizing sponsors, etc. This was a huge collaborative effort which goes back many months.

Additional reading if you are interested in this lifestyle or other Seattle neighborhoods:

Blog with lots of info about Seattle Houseboats

Seattle Floating Homes for sale

Seattle waterfront homes

Seattle neighborhoods

Greenwood Townhome For Sale

Welcome home to Greenwood:

10222 1st Ave NW #C (SOLD)

greenwood homes

Great in-city townhouse has it all!

Light & spacious day rooms, open floor plan. Cook’s kitchen w/gas range, stainless appliances, granite counters & rich cabinetry. It opens to light filled living & dining room w/hardwood floors & gas fireplace. End unit for added light on all levels. 2 bedrooms, 2 baths plus utility closet up. Vaulted ceilings & walk-in closet too! Entry level has secure access from garage, covered entry, tile floor, closet & 3rd bdrm + 3rd full bath for a thoughtful design.

greenwood homes for sale

$395,000

Close to Carkeek Park, too…..

Features…

Bath Off Master, Double Pane Storm Windows, Dining Room, High Tech Cabling, Vaulted Ceilings, Walk-in Closet

  • 3 Bedrooms
  • 3.5 Baths
  • 1530 Square Feet
  • Built 2007

SEattle townhomes

More info:

This Greenwood home is listed by Seattle Realtors at Cooper Jacobs Real Estate

Additional Seattle Real Estate Information:

10222 1st Ave NW #C, Seattle, WA

Greenwood homes for sale

Seattle Townhomes

9600 Roosevelt Way NE

seattle townhomes

Central to Maple Leaf amenities. Exceptional town home.

Details include crown molding, Brazilian Cherry hardwood floor, maple inlays, vaulted ceilings, cherry kitchen cabinets & granite counters. Abundant use of natural stone. Spacious living room & dining room area w/fireplace. Oversized 1 car garage, ample storage and workspace.

Sought after end unit, light filled southern exposure. New interior paint. Home qualifies as “Built Green” certificate provided. No homeowner dues!

This is a great opportunity to own a 3 bedroom townhome in a fabulous location!SEattle townhomes

  • 3 bedrooms
  • 1.5 baths
  • 1540 sq ft
  • year built 2007
  • Built Green
  • NO Dues
  • taxes $3255
  • 1 car garage

Features

Ceiling Fan(s), Double Pane Storm Windows, High Tech Cabling, Vaulted Ceilings, Walk-in Closetseattle homes for sale

Listed with Realtor Therese Byrne at Cooper Jacobs Real Estate

More info:  9600 Roosevelt Way NE 206-660-9698  or tbyrne@tmbyrne.com

Welcome Sasha Blume to Our Cooper Jacobs Real Estate Team

Sasha BlumeWe are pleased to welcome Sasha Blume to our team at the Cooper Jacobs Real Estate Seattle office.

We love our Seattle real estate brokers and Sasha Blume is another great addition!  She is quite delightful and a wealth of knowledge and experience which will benefit her clients.  We are thrilled to have Sasha as part of the team and look forward to working with her.

Please feel free to reach out to Sasha should you have a real estate need:

Sasha Blume

360.280.6866

Sasha@CooperJacobs.com

Magnolia View Home For Sale: Open Tomorrow 12-4

Magnolia View Home in Carleton Park

Interested in living near Ryan Lewis?  Word on the street is that Macklemore’s partner just bought in Magnolia and not too far from this Magnolia view home either.

Magnolia View Homes For Sale

Carleton Park is highly sought after and this one has one of the most gorgeous views! If you have been looking at Magnolia view homes, then please take a minute and look at this one.  It is a perfect home for a Seattle Mariner baseball player (hmmmm… I think Mr. Moyer would agree.), but also well suited for anyone who wants to call Magnolia home.

  • 5 Bedrooms
  • 3.25 Baths
  • 3200 Square Feet
  • Built 1958

From the listing of 2520 42nd Ave SW:

You will find this large, contemporary home well-placed on one of Magnolia’s most sought-after streets. Enjoy the warmth of two hearths on the main, oak flooring throughout, designer Ralph Lauren paints, modern floor plan, and tasteful finishes. Chef’s kitchen properly outfitted with stainless appliances & gas range; entertainer’s deck off of the living room invites you to take full advantage of the beautiful Puget Sound view and fresh breeze that grace this desirable location.

$1,149,000   *SOLD*

 

4019 Francis Ave N, Seattle WA 98103

*SOLD*: Just listed and in beautiful condition is this wonderful Fremont view home:

4019 Francis Ave N., Seattle WA 98103

4019 francis ave n

  • 3 Bedrooms
  • 1.75 Bath
  • 1640 Square feet
  • Built in 1926
  • Water and Mountain Views
  • Beautiful finishes
  • TWO decks
  • TWO master bedrooms
  • remodeled kitchen

From the listing:

Super in-city Fremont living on a very quiet residential-dead end street features TWO huge decks with private views of the Ballard Ship Canal across the Sound to the Olympic Mountains. Two master bedrooms, one on main floor and one down (continental bath), remodeled kitchen, beautiful bamboo floors, easy natural back yard landscaping, extra-long carport plus driveway parking for an additional car make this home an incredible find.

$600,000

Amazing attention to detail on this one.  For more details:  4019 Francis Ave N and you can also see all Fremont homes for sale as well as other Seattle view homes on our company site.

We have amazing Seattle Realtors that can help you!  realestate@cooperjacobs.com

fremont home for sale

fremont home for sale