CW Title and Escrow Newsletter | 3.2018

Page 1

the

Volume 9 | Issue 3

EYE ON THE

MARCH 2018

MARCH happenings

market this might start a trend of companies choosing to locate their main offices or expansion offices in more affordable cities. Others believe this may take some pressure off our local market and slow price increases, although the effect may not be felt for years into the future.

In the wake of an historically hot 2017, we’re already seeing the signs of another banner year. The Puget Sound region is bursting at the seams with people moving into the area, while the inventory of homes for sale struggles to keep pace. The latest statistics from the Northwest MLS show closed-sales prices for singlefamily homes are again up year-over-year in King County by a stunning 19.69 percent, while in Snohomish County, prices are up by a still-impressive 9.76 percent and in Pierce County by 15.9 percent.

After increases at a slow burn over the last couple of years, mortgage rates are now more noticeably on the rise. Rates are still low enough that qualified buyers remain in a good position to buy a home. Sellers looking to buy a move-up home will also still be able to take advantage of historically low rates even if they climb above 4 percent this year.

1-4 Emerald City Comic Con emeraldcitycomiccon.com

3-4 Outdoor Gear & Adventure Expo trailtoadventure.com 3-4 Penn Cove Musselfest thepenncovemusselsfestival.com 10 Central Sound Regional Science & Engineering Fair bellevuecollege.edu/sciencefair 15 GeekWire Bash geekwire.com/events 16 Landing of St. Patrick irishclub.org/irish-week

Overall, the backlog of demand for homes remains high, and it's a great time for sellers to maximize their return.

We know that there’s no better place to We now know that Amazon HQ2 will not live than right here in the Puget Sound area, and we look forward to another be located in Washington state. Some exciting year for our local market. are disappointed and speculating that

springtime FIRST IMPRESSIONS If you’re planning an open house, here are a few tips that will help you make a great first impression: ALL OVER THE HOUSE:  Consider removing personal photos from display.  Wastebaskets are empty.  Rooms are dusted and vacuumed.  Window blinds are open.  Lights are on.  Calm music is playing.

BEDROOMS:  Beds are nicely made.  Dirty clothes are out of sight.  Toys are put away.

KITCHEN:  Sink is clear of any dishes.  Countertops are clear of toaster, coffee maker, etc.  Range and microwave are clean

PETS:  Food bowls are put away.  Litter and cages are clean.

BATHROOMS:  Non-essentials are out of sight.  Shower and tub are clean.  Towels are folded neatly.  Toilet lid is down.

LIVING ROOM:  Pillows/cushions are tidy.  TV screen is dusted.

YARD:  Yard is tidy for time of year.  Walkway/doorstep is swept.  Outside lights are on.  Outdoor toys and tools are put away.

17 Kirkland Shamrock Run 5K kirklandshamrockrun.com 17 St. Paddy’s Day Run 5K/10K/ Half Marathon/Kids 1K stpaddyruntacoma.com 17 St. Patrick’s Day Dash 5K stpatsdash.com 17 Saint Patrick’s Day Parade irishclub.org/irish-week 17-18 Irish Festival seattlecenter.com 19 Free State Park Day discoverpass.wa.gov 31 Bunny Bounce at Woodland Park Zoo | zoo.org 31 Snohomish Easter Parade snohomishcoc.com/Easter 31 Spring Eggstravaganza redmondtowncenter.com


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