OPEN HOUSE - Sun, Nov 30 from 1:00p - 3:30p

OPEN HOUSE - Mon, Nov 24 from 12p - Dusk

A friend asked "Is Inventory in Snohomish/Everett (Cathcart Area) down compared to this summer?"

For those of you who haven't discovered the time-consuming, all-addictive social network called Facebook (www.facebook.com) I can tell you that I have. But through it I have gained connections to old friends and made great connections with new ones. And although I do enjoy the social aspect to this forum, I also enjoy my ability to share my successes in Real Estate with those to whom am connected - I believe my positive attitude and consistent contact with my clients and friends has helped me thrive through what has been a slower than past market.

Recently, an friend posed a question to me on facebook, outside of the typical "Hey there - How are you?"

Tanya G. asked me -
"Hey Stacey, I was curious to know why on Windermere there is suddenly so much less inventory of houses in our area? It seemed like this summer there was so much. Are people just not putting stuff on the market or is it selling quickly in our neck of the woods? Hope you are well and getting a ton of business :-)"

The first point I can make is when she refers to "Windermere", she is commenting on the Windermere's website (http://www.windermere.com/), where an individual can search through all homes listed on the NWMLS whether they be listed with a Windermere Agent or another real estate agency. Additionally, the area she references by "Our Area" is the Everett/Snohomish Area located just off Cathcart Way near Hwy 9 and Seattle Hill Road -- and what a Real Estate Agent would classify as area 740.

So with all of that said I prepared a graph to show the trends of inventory of homes, pending sales and sold homes for that specific area, narrowed down by the price range and square footage size found in that area $300,000 - $699,999.

So as you can see Tanya, inventory is down from the summer, but pending sales comparatively are much higher. Typically, you do see homeowners who have been trying to sell their homes take them off the market during what they believe is a "bad time" to sell (from November through December) -- however, I disagree with this thought process since homes do sell during these times and the buyers that are looking to buy are SERIOUS buyers, not just "lookey-loos" -- they usually need a home and have less inventory to view during these months, so why not let yours be one that they look at? Additionally, when those buyers who have taken their homes off the market put them back on in January, you suddenly see a HUGE rise in inventory.

Buying vs. Renting - The Benefits of Home Ownership

Trends in home prices, personal income and mortgage rates,combined with the tax advantages of home ownership, make this an excellent time to turn the home of your dreams into a reality. If you’re thinking of buying a home, you’ve probably already asked yourself, “Can I afford to buy?” Another good question to ask is, “Can I afford to continue renting?” No matter what you’re currently paying for rent, your total cash outlay over a period of several years will probably add up to a much bigger total than you may have realized. The chart below shows how quickly the rent payments you’re making add up figuring in what this money would earn invested at 5
percent interest.

OPEN HOUSE & NEW PRICE with $60K Price Reduction - Friday, Nov 21 from 12p - 5p

NEW PRICE - Gorgeous Trilogy Greenbelt Home

OPEN HOUSE - Sunday, Nov 16th from 11p - 1p

NEW Listing - Spacious Redmond Ridge 5 Bed/3 Bath Beauty for $579,000

"CANYON PARK TOUR OF HOMES" BROKER'S OPEN - Tuesday, November 11 from 12:00pm - 2:00pm

(Public Welcome & Tasty Fall Treats will be Available!)

OPEN HOUSE - Sunday, Nov 9 from 12p -5p

Back on the Market - Terrific Microsoft Condo $349,500

Back on the Market - Spacious Traditional Beauty $799,990

ALSO AVAILABLE FOR RENT - $2800 PER MONTH
CLICK HERE FOR MORE INFORMATION!

Pending Sale - Redmond Condo

New Listing - Investor Alert! Terrific 3 Unit Rental Property in Everett - $335,000

New Listing - Bothell Home $429,990

New Listing - Redmond Condo $349,500

Stacey Lange becomes Buyer's Agent for Murray Franklyn at Fernwood Grove in Bothell

Fernwood Grove has much sought after large homes sites along with our largest floor plans, open space and Northshore School district. Features include:

* Homes from 3,200 to 4,030 Square Feet
* 3 Car Garages
* Stainless Steel Kitchen Appliances
* Guest Suites
* OnQ Wiring System
* Slab Granite Kitchen Counters
* Convenient to I-5 / I-405
* Top Bellevue Based Builder for over 40 years!

To Learn View Homes Available at Fernwood Grove -- Click Here or Visit http://www.murrayfranklyn.com/

New Listing - Beautiful Custom Woodinville Home - Priced to Sell! $675,000

23520 NE 185th Place, Woodinville

Priced $100,000 Below Tax Assessed Value

4 Bed / 2.5 Bath Custom Built Home on .99 Acres

MLS#28124878