Fences & Flowers

The CB Bain Blog

For years, the chatter has been about the soaring real estate market. With double digit value gains and very few listings to choose from, Sellers enjoyed a market that favored them by a considerable measure. Now, as we begin a new year, to the casual observer, it appears that the tables have turned. It could be assumed that the market has flipped to favor buyers. While prices have cooled, and inventory has increased, market corrections have benefited both the buyer and seller.

Dramatic changes in our local real estate market continue. Yes, it’s a new year, but will home prices go up or down? Will buyers come back or stay on the sidelines? Will sellers continue to flood the market or put the brakes on, once again constricting available inventory? The truth is - we don’t yet know.

Sheryl Crow sang, “Everyday is a Winding Road” and the Beatles mused about traveling home on a “Long and Winding Road”. In the 80’s even Eddy Grant soloed about “Electric Avenue”. Our culture is filled with songs about streets, avenues and roads. Homes that are located on these passageways each have a different aspect to them. As I show houses to clients, I am enamored with some of the wonderful roads I travel on. The roads that lead to our houses are an extension of who we are and represent what our homes mean to us. They are the passageways to the dream of home ownership.

For over 10 years, Kent Station has been a dining, shopping and entertainment destination in the heart of downtown Kent, Washington. With adjacent luxury style apartment complexes, Dwell and the Platform and its close proximity to the Sounder Train, it is the epitome of the urban core. Also, being close to the ShoWare Center, it is a destination place for thousands of visitors to Seattle Thunderbird games, concerts and events. During the colder winter months, shopping centers come alive. Lights twinkle, holiday music is in the air and children play through the station’s pathways. With everything from businesses to entertainment, there is something for everyone when you visit Kent Station. Of the many activities, below are 5 things to do when visiting Kent Station in the fall and winter months.

These last 5 months have seen dramatic changes in the real estate market in the
Puget Sound region. Home prices are down, mortgage interest rates are up, equity
has been lost. Fortunately, for homeowners, equity continues to increase year over
year, though it has slowed its rise. Buyers also have increased leverage when
putting in an offer.

As the market changes, preparations for showings are more important than ever. Getting your house to the listing stage is a huge accomplishment. Removing personal items from view and achieving a spotless house is a chore for many. Now it’s time to go live and activate your listing. Don’t let all your hard work go to waste. A buyer’s visit to your listing will be a determining factor whether they place an offer. Because showings often come quick and rapid, you want to be prepared. The following are some helpful tips to keep your house prepared for showings:

Oct 31, 2018

Written by:

Charly Tate

I’m a fan of home décor quizzes. Every few months, I dig for the latest style finders from websites like HGTV, Havenly and Laura & Wolf and can’t help but answer fun questions and pick photos of my favorite looks. Would you decorate with animal print? Nope. Are you a fan of bold color? Absolutely. After a moment of calculation, I’m presented my results, and lately I’ve been surprised to discover my style described as “happy modern,” “eclectic chic,” and “minimal eclectic.” Say what? 

Whether a first-time buyer, millennial, a busy “Gen-Xer” or a downsizing Baby Boomer, condominiums fit the needs of many. Generally, a condo is a building that contains a number of individually owned units. In the past, a home owner may have chosen a condo because it fit their financial needs. Today, price and low maintenance, make a condominium very appealing. Whether because of life style or price, home buyers are looking at condominiums more and more, because they fit the unique needs of today’s home owner.

Oct 4, 2018

Written by:

Mark Jacobs

Seattle’s visitors and new residents often gravitate toward the common tourist attractions that are, deservedly so, at the top of any list of things to see. Pike Place Market, the Monorail running to the newly renovated Space Needle and Mt. Rainier are well worth exploring. But it’s through the back doors where many really start to uniquely weave their lives into the historic fabric of our city.

These days, when listing a home for sale, a seller will have a choice of either reviewing offers as they come in or all at once on a specified future date. While reviewing at a later date may seem like the correct choice in this market that favors sellers, there are factors to consider before that choice is made. Although one method may seem like the better option, both have their merits.



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