Category Archives: West Seattle

A NEW SOLUTION FOR YOUR OLD PAINT

The Paint Stewardship Program, PaintCare, launched in April this year. They coordinate the recycling of latex and oil based paints, stains, shellacs, sealers, coatings, and more by providing drop off sites at paint shops all over King County.  Locally, both Miller Paint and Sherwin-Williams in Burien participate in this program.

I just helped one of my sellers dispose of his old paint. It was easy and convenient. Best of all, I know it’s not going into the drain or landfill. This recycling service is great for when you are moving, renovating, or if you have a few old cans just sitting around in your garage. For more information on the paint products accepted or to find a drop-off location near you, visit www.paintcare.org.

Helping my clients with their chemical recycling isn’t in the official job description as a broker, but it’s one of the many ways I serve my clients as the need arises. When you need someone to cover the details, reach out!

YEAR-TO-DATE MARKET DEMAND

What is Driving the Voracious Demand in the PNW?

NATIONAL HOUSING SHORTAGE means low inventory across all markets.

HISTORICALLY LOW INTEREST RATES pressures buyers to lock in their mortgages NOW!

BUYERS COMPETING WITH EACH OTHER by offering over list price.

POST COVID cabin fever.

INCREASED LUMBER PRICES = Higher building and renovation costs!

King County Average Days on Market

Quarantine, Schmorantine!

With new restrictions on viewing homes and even leaving home to run basic errands, you would think that homes would languish on the market for weeks.

But the numbers reveal otherwise.

The average time on the market for residential properties in King County is almost half of what it was last year!   In fact, we haven’t had this low of an average in over a year! Many qualified buyers are trying to take advantage of low interest rates and making competitive offers on limited inventory.

King County Average Days on Market

Covid 19 and Real Estate

We all find ourselves in an extraordinary time with the COVID-19 virus. During the past few weeks things have moved so quickly that it is hard to keep up with the daily reports about the virus and its effect on our way of life. Many are wondering how this pandemic will affect the real estate market.

These are difficult times right now for so many and there will be substantial economic fall out for a lot of people during this health crisis.  But we must keep in mind, this is a health crisis – not a housing crisis like we saw back in 2008. Immediately prior to the virus outbreak, the spring housing market was heating up quickly. Housing inventory was limited and buyers found themselves already having to compete when making offers to buy. The pandemic has definitely slowed our market down but it is still moving forward. The Governor has deemed real estate an essential business as many people are still in need of housing.  Our industry has implemented new business practices and strict guidelines in order to keep everyone safe.

I believe that real estate is a strong long term investment and I’m confident we will recover from this and our economy and our communities will thrive again.

If you are in need of real estate services right now, please reach out.  I can help you.

If you can, I hope you’ll stay home and stay safe.