Fences & Flowers

The CB Bain Blog




About Lance Goodwin


Lance Goodwin is the principal managing broker at the Kent Station Coldwell Banker Bain office. As a life-long south King County resident, he assists buyers and sellers from Tacoma to Seattle and everywhere in between. With a business background and English degree from the University of Washington, Lance loves to talk, write and sell real estate.

 

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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.

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:

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.

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.

In the 80’s ZZ Top sang about having a Party on the Patio. Now, outdoor living space has become an extension of a home. While patio furniture used to be commonplace, the options now to spruce up your patio are just about endless. The latest and greatest seems to be the way of the housing industry. In my experience, home buyers are always looking for the next trend.  With new construction, where new trends often begin, outdoor amenities, like covered patios with a fireplace, are becoming common place. The following are some of the popular outdoor living space conveniences.

On first look, the early half of 2018 may seem like a broken record, with more of the same. No inventory and a high number of buyers. However, believe it or not, the real estate market is on a rollercoaster ride. It may be one of those kiddie rides at the fair, but nonetheless, there are some ups and downs taking place. In this mid-year market update, we’ll discuss the King County real estate market patterns through the first half of 2018.

You’ve been renting or residing with family for a while and you’re tired of living in someone else’s home. Maybe family is getting too close for comfort or you’ve have had enough of the neighbor, who always slams his apartment door. These are common reasons I hear when a first time home buyer is ready to purchase a home. If you are planning to buy and are currently renting, think ahead. The planning can be weeks, months or even years. Having a game plan will help you be prepared so when the time is right, you will be able to make your move. The following are five things to do when preparing to buy a home.

Data, measurements, statistics, calculations. The different terms for real estate stats seem endless. You may hear these descriptions, but what use are they really and how are these numbers relevant to your transaction? One form of calculation is called the Absorption Rate. Also known as “the months of inventory based on closed sales,” it is a way of knowing how much time it would take to sell the homes currently listed. By using this form of calculation, you can determine whether it is a seller’s or buyer’s market. Studying the Puget Sounds’ low Absorption Rate will enable those selling to maximize their potential in today’s real estate market.

Updating your own place is one of the many enjoyable aspects of owning a home. Everyone loves to dream. Sites like Houzz and Pinterest are popular because planning a project is so much fun. King 5 television recently discussed a Remodeling Magazine study of the amount of return on investment (ROI) for certain home upgrades, naming the top 5 for Seattle. While homeowners are hopeful that an upgrade will increase their home’s value, not all projects are created equal. Although updating the kitchen and bathrooms have generally been at the top of any list, this year they have been displaced by those items that have to do with curb appeal.

Mismatching colors may have been the rage in the 80’s, but in today’s real estate market, you may want to avoid stark contrasting colors and materials. Planning is a major component to a house sale. Much preparation may be done over the months leading up to listing. In fact, during the years living in your house, the décor you choose may eventually play a part in your overall value when you do decide to sell. Have fun, be original and make your house your own, but remember, miss-matching could cost you money. The following are some common mistakes that sellers make when trying to maximize value:



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