Ashley Wigren

Snohomish County Real Estate & More

Tag: marysville

January Housing Update for Snohomish County

2016 set a new record for the best ever sales activity in our region! At the end of the year we saw a huge increase in the number of houses that were selling compared to the number of new listings that were coming on the market. Basically a mini surge. Most likely fueled by the increase in interest rates. Buyers wanted to get into a home before interest rates were raised.  The good news for buyers is that interest rates are still historically low. Which means they can get into a home at  good rate and stop renting. On the flip side, the good news for sellers is that there is a backlog of well qualified buyers just waiting to get into a home.  Sellers are still getting multiple offers on their property if they are priced correctly.  Ending 2016 and rolling into January 2017 here are some things that stood out to me:

  • 1 month of inventory
  • Interest rates at 4.05%
  • 68% more homes were sold than were listed in December
  • Backlog of buyers is creating a severe shortage of homes for sale in the more affordable price ranges

We will continue to see more listings come onto the market as we get closer to February. This will be just in time for the spring housing market rush.  Check out the infographic below for more information. If you want this information for any other county just let me know!!!

Things to Do This Weekend Around Town!

Fall is here and Halloween is just around the corner. I thought I would take some time to share with you a few cool things that are going on around Snohomish County this weekend that are not your average pumpkin patch and corn maze. Have some fun and enjoy!

Friday 21st 

 

What: Unexpected Productions Presents Haunted Doorways

Description: Haunted Doorways is a theatre production of a ghoulish game show. This runs for two weekends only!

When: 8:05 PM – 10:00 PM

Where: Black Box Theatre at Edmonds Community College

Contact: jennifer.matthews@email.edcc.edu

More Info: Click here

Saturday 22nd

 

 

What: Everett Massacre Centennial Events Day 2

Description: This one might be my favorite and they have a bunch of other dates! Everett Public Library presents a series of programs on the centennial year of the Everett Massacre events that took place November 5th 1916.

When: 1:00 PM

Where: Everett Public Library

More Info: Click here

Sunday 

 

What: Watch the Hawks for Sunday Night Football on the big screen.

Description: This event is free. There are adult beverages and a meal available for purchase!

When: 5:30 PM

Where: Everett Historic Everett Theatre

More info: Click here 

 

Monday 24th

What: The Bride of Frankenstein

Description: This was the 1935 American Sci Fi Horror film classic, the first sequel to Frankenstein.

When: 6:00 PM

Where: The Marysville Opera House

More Info:  lwoodmansee@marysvillewa.gov

 

October Housing Update for Snohomish County

Last month we saw the best September ever!  Inventory is still low, we are at about 1.4 month of supply in our county. But we are seeing a slight decrease in the amount of multiple offer situations for new listings. So if buyers have missed out in the past they can feel more confident moving into fall getting their offer accepted. And 68% of all homes are selling within the first 30 days on market which is excellent for sellers!!!

Check out the infographic below for more details.

snohomishcounty_october2016

September Housing Update for Snohomish County

Our market here in Snohomish County is still intense!  Last month the amount of pending home sales outnumbered new listings. So the countdown to November has begun! A decrease in new listings will begin in November and typically  lasts through about the end of February. The best opportunity for home buyers will be in the next 60 days while more inventory is still available.  See the infographic below for more info!

pdf

 

August Housing Market Update for Snohomish County

Snohomish County is experiencing a housing market like we have never seen. Last month, was the best July ever in the Puget Sound real estate market. Not only was July great, but we have also seen a bump in inventory which has made the past 3 months of sales activity the best in history for our region! So  to all my friends and family this is why I have been so busy, just trying to keep up with the market. I am excited to see what August has in store!

Check out the infographic below and see what I am talking about. Let me know if you have any questions!

  • 1.1 Months of Supply
  • 74% of homes are selling within the first 30 days being active
  • Interest rates are at 3.36%

 

Snohomish_August2016 jpeg

 

May Housing Update for Snohomish County

May was an incredible month for real estate in our area. Our market is hot right now. If you are looking to sell, now is the time as inventory is so low, which can mean higher prices! On the flip side of that, if you are looking to buy, now is a good time because the interests rates are so low, which means you can get a great deal on a home loan! Check out the infographic below! If you want more detailed information on a certain city, zip code, or price range, just let me in the comments!

I will be doing this every month so stay next month, to see how June is shaping up!

ashley wigren HousingUpdate_May_Snohomish

  • 76% of houses that come on the market will sell within the first 30 days
  • 3.6% interest rate
  • Less than 1 month of inventory available

 

May & June Local Events in Snohomish County

What should we do? Where should we go? Whats going on tonight? We have all had these conversations with friends and family. And we usually fall into our typical routines and end up in the same places. I wanted to give people some ideas of things that are happening locally that are worth checking out! I encourage you to attend at least one of these during May and June to see what is happening in our community!

 

 

MAY

Do I need to say more!? Check out a yoga class by Carly Hayden followed by a mimosa on select Saturdays May through June at the Bluewater Distillery in Everett. If you go,  please let me know and we can go together! Classes are from 10:00am-11:30am on:

Saturday May 14th
Saturday May 28th
Saturday June 11th
Saturday June 25th

 

Saturday May 21st 11:30am-6:00PM the food truck will set up for the Fishermans Music Festival by the beer garden on Colby. Follow Live In Everett on Facebook for more happenings around Everett!

 

The weekend of May 20th – May 22nd, check out bands that are playing at the Historic Everett Theatre, Tony V’s, and the Anchor. You can purchase a wristband online by clicking here. The best is you PAY WHAT YOU CAN. You can get a free wristband, a $50 wristband,or  any amount whatever you can afford. You pick your wristband up at will call. The wrist band is good for the ENTIRE weekend. Below is the schedule calendar. You can check out the website by clicking here.

 

Downtown Snohomish on Sunday May 15th. This is so much fun! If you want to participate you can ride in and register from 9:00am-12:00pm.  If you don’t ride show up at 1:00 and have fun. There are vendors and you can also check out all the shops! For more info click here.

 

Starting May 11th every Thursday at  the Opera House In Marysville from 5:30-7:30. Local blues bands and local beer!! I am super excited to check this place out. They just renovated the Opera House and have a lot going on every week! The Everett Herald wrote an article recently and you can read it here.

 

Celebrating the release of the new Star Trek moving coming out this July, the Historic Everett Theatre is showing all of the StarTrek Movies for FREE. They start at 7:30PM.

 

May 28th at 7:00 PM Drinks with the Director of “Reservations” at the Historic Everett Theatre. $10 suggested donation. Check out more information here .

 

JUNE

June 11th at 7:00PM at the Historic Everett Theatre. Tickets are $15 online or $20 at the door. Purchase tickets by clicking here.

 

Thursdays & Saturdays 6:30-8:30 starting June 23rd at Port Gardner Landing. Enjoy live music from a lawn chair, blanket or on the patio at Lombardis. You can bring a picnic if you like! There is also a cash only Marina Beer Garden. To see the line up and for more info click here.

 

The Edmonds Waterfront Festival is June 3rd, 4th and 5th. Check out live entertainment, beer & wine gardens, food, arts & crafts, and much more. Check out more info here.

 

Sunsets in Snohomish Wine Walk is on June 11th at 4:30. You go to each shop and get a tasting of wine. You can bring your own glass or buy one there. This will sell out so buy your tickets now by clicking here.

 

June 10-12, 2016 Legion Memorial Park in Everett. Sorticulture is basically a huge farmers market for gardeners! This year they have introduced the “Attended package pick-up”. You can  leave your purchases safe with Housing Hope and return to the park with your car to get your goods! Check out more info here.
June 10, Friday – 10 am to 8 pm
June 11, Saturday – 10 am to 6 pm
June 12, Sunday – 10 am to 4 pm

 

June 25th 8:00am-1:00PM at Craven Farm 13817 Shorts School Road in Snohomish. From the site “Dealers with pick-ups and vans full of antiques line the field of Craven Farm. Pre-60’s antiques of all kinds and descriptions will be for sale. This sale is a true treasure hunt and a thrill for those with the love of “old stuff”. ” Check out more info here.

There is so much to do in our community so lets support each other and have fun doing it! We live in a beautiful place that has a lot to offer. If you attend once of these events, I would love your feedback! Stay tuned for an upcoming post featuring events in July & August!

5 Uncommon Tips for Sellers


Currently in Snohomish County we are experiencing a sellers market. We have a lot of qualified buyers and we NEED houses to sell. Selling your home can be stressful and a lot of work. But like with anything in life, be prepared. The following tips are not the usual clean, declutter, stage, hire an agent, price it right… all of those things we know. I wanted to share some things that you may not know, or think of. These 5 tips can help you to prepare to successfully sell your home. “So if you don’t know, now you know” – Biggie

 

1.Get Out of the house

Many times when I am trying to show buyers homes, it is a STRUGGLE to set up a showing. Selling your house is a huge undertaking and leaving your home at a moments notice sucks. I get that. But please remember the more people that see your house the better. If anything just sit in your car down the street and have the showing agent text you when they leave.

 

2. Involve Your Tenants

This is so important. Selling a home that is being rented is hard. Make things easier by including them in the process. Make sure that they understand that you know what a huge inconvenience it is to them. I suggest offering them a discount on their last months rent, to help encourage them to feel more inclined to leave when a buyer wants to see the home. If you are having an open house held, give them a gift certificate to a restaurant so they can go out to lunch for a few hours. Or maybe movie tickets. Or both. I promise spending a little bit will go a long way in the end. I cannot tell you how many times I have shown a house that was occupied by renters that the showing was disastrous. Renters stay in the home, they point out defects, they leave the house messy, and even worse. So if you do not currently have a good relationship with your renter, establish one before you sell, or maybe talk to them about ending the lease early without penalty.

 

3. Talk to Your Neighbors

Your neighbors may be one of the best marketing tools you have. They may know a friend or family member that has always wanted to live in that neighborhood. People love to talk about real estate and we all know that neighbors are curious. Like tenants, neighbors may be around when potential buyers are there and may talk with them. If you are short on parking, maybe during an open house they will let people park in their spot or driveway. People like being included and are happy to help!

 

4. Spend Time On the Front Porch

Whether its a porch, stairs, walkway, whatever your front entrance is like, spend time sprucing it up. Clean the door or repaint it. Put some little potted flowers out if you can. Have a welcoming door mat. While this is obvious another reason, I remind you of this is because sometimes it takes an agent a little while to get inside the house. Many times, a key box will not work, a lock gets stuck, a battery dies… lots of things can and do occur when agents are unlocking the home. Leaving the buyers hanging out at the front porch. Let them have something nice to look at and feel good about before they even enter the home.

 

5.  Have a Place to Stay Once Your Home Sells

I saved the best for last. Most people need to sell their current home in order to buy their new one.  If this is you, please sell first. Do not try and buy contingent and simultaneously close on two properties. In this market, it is just too hard and won’t happen. If a seller receives an offer that is contingent, chances are they have another offer that is not. So plan ahead. Talk to family members and friends and see if you can stay with them for a couple of months. Or find a place to rent that will go month to month. Or maybe talk to a lender and see if you can buy before you sell, then pay the loan off once you do sell. Every situation is unique and I know that this is hard for a lot of people. But the last thing you want to do is sell your house and then have no place to move. Or even worse, be rushed into buying something that may not be the right fit for you. Rent a storage unit or a POD for all of your belongings. And please, when you are putting your home on the market, use it! Store all of your unnecessary items, that are cluttering up your home.

 

 

I hope that you find this helpful. I have many other tips for home sellers, so if you have any questions please just let me know!!!!

“Before anything else, preparation is the key to success”. – Alexander Graham Bell

 

Farmers Markets Around Snohomish County

With the Springtime in full swing getting outside is what we all need in the Pacifc Northwest. In Snohomish Couty we are lucky to have many farmers markets in the area to choose from. So get out, buy fresh, buy local and help support our communities one meal at a time!

WEDNESDAYS

Mukilteo Farmers MarketOld Town Mukilteo near the Ferry at Lighthouse Park

Wednesdays, 3pm until 7pm, June 3rd – September 23rd

 

THURSDAYS

Snohomish Farmers MarketA short walk from Historic Downtown Snohomish

Spring Market
Thursdays, 3pm until 7:00pm, May 7th – June 25th

Summer Market
Thursdays, 3pm until 7:30pm, July 3rd – Aug 20st

Fall Market
Thursdays, 3pm until Sunset, August 27th – September 24th

 

FRIDAYS

Bothell Farmers MarketThe Bothell Farmers Market is located at Country Village Shops.

Fridays, Noon until 6pm, June 5th – October 2nd

Everett Mall Farmers Market: Located in the Everett Mall

Fridays, 3pm until 7pm, June 12th – September 25th

SATURDAYS

Edmonds Museum Summer Market:Located in Downtown Edmonds

Garden Market
Saturdays, 9am until 2pm, May 2nd – June 13th

Full Summer Market
Saturdays, 9am until 3pm, June 20th – October 3rd

Marysville Farmers Market: Located at 1035 State Avenue

Saturdays 10am until 2pm June 27th – October 3rd

 

SUNDAYS

Snohomish Farmers MarketLocated at Lincoln Avenue and 3rd Street.

Sundays, 11am until 3pm, June 7th – September 27th.

Everett Farmers MarketLocated at Port Gardner Landing on West Marine View Drive.

Sundays, 11am until 4pm, May 10th – October 18th

 

 

 

The Top 3 Things You Need to Know About the Real Estate Market in Snohomish Couny

Whether you are wanting to buy or sell your home the best thing that you can do is educate yourself. Learn the process, hire a relator, and know your market! In Snohomish County these are the top 3 things that will help you succeed in your real estate transaction.

1. We are in a Seller’s Market

So what is a seller’s market and how do we know that we are in one. Currently in Snohomish County we are at about 2 months of inventory. And that is up nearly 54% from last month!! Typically anything that is 3% or less is a seller’s market. Anything 3-5% is a neutral market, and anything above 6% is a buyer’s market. This is so great for sellers! Less inventory, means less competition, which can drive home values up. Which is what everyone is seeing right now.  Every conversation I have with people, when they ask how the market is,  my reply is “we have no inventory”! So if you are thinking about or wanting to sell your home, now is the time to do it. So, that’s all good for sellers, but what if you are a buyer? Does that mean you are screwed and are paying too much for a house? Does that mean buyer’s should wait to purchase until more inventory becomes available? The answer to that is no.  The reason  the answer is no, is because  a buyer’s purchasing power is still strong due to the low interest rates that we are currently experiencing and we do not know how long that will last, see #2. http://myreport.trendgraphix.com/Member/FtReport.aspx

 

2. Interest Rates are Still at Historic Lows

Currently the interest rate on a 30 year fixed is at 3.75%. To put that into perspective this same time in 1996 it was at 7.62%. Then in March of 2006 it was at 6.32%. http://www.fedprimerate.com/mortgage_rates.htm.

So, all of those numbers are great, but what does that mean for buyers?  Simply put, this gives buyers more buying power, more bang for their buck! Lets break it down:

  • Home price: $350,000
  • 30-year fixed rate: 4%.
  • Total payment: $1,503.86/month plus taxes, homeowner’s insurance and PMI

Now lets take a look at the same price with a higher rate:

  • Home price: $350,000
  • 30-year fixed rate: 4.5%
  • $1,596.06/month

While $92 extra  month does not seem like a lot, it is!That extra $92.20/month is $33,191.54 over the 30-year life of your mortgage. If rates climb to 5% the incremental cost jumps to $184.40/month and $66,383.08 over 30 years!!! http://www.forbes.com/sites/markgreene/2015/11/08/how-much-house-will-a-rate-hike-cost-you/#50a436db7c36

 

3. The Average Days on Market is 60 Days

Currently in Snohomish County the average days on market for homes is 59 days. This may seem like a long time. After all, we know we have a shortage of inventory and willing and able buyers so what gives? First of all, let me say that this is an average of all sales in all of Snohomish County, Including short sales, foreclosed properties and all price ranges & areas. I also believe this may be a result of sellers over pricing their homes, causing them to stay on the market longer.

If you are a seller, the reason why you need to know this, is to make sure your price your home correctly. And more importantly make sure that your relator will tell you what price is too high. When homes are listed too high,  they just will not sell, no matter what the market is like. And if you do get a buyer, the appraisal will not support the price.

If you are a buyer, the reason why you need to know this is because if things are priced correctly, they move fast in this market. It is not unheard of to have a home receive multiple offers on the first day of listing. Make sure that your realtor understands your market and knows the value of the home you wish to purchase.

Snohomish County Cumulative Days on Market

  • $200,000-299,000- 56 days
  • $300,000-399,000- 44 days
  • $400,000-499,000- 63 days
  • $500,000-599,000- 56 days
  • $600,000- 699,000- 57 days

http://myreport.trendgraphix.com/Member/FtReport.aspx

Being prepared for what to expect in the market will help you through the process, whether you are buying or selling. Hire the right professional to guide you through. And remember, the more you know, the better.

 

 

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