Fences & Flowers

The CB Bain Blog

Dreaming of a new home can be fun and exciting. But when you’re ready to begin the buying process, it can be overwhelming. Where do you start? Should you move to a different state? Should you stick around? Do you want a different kind of home? Is the busy city calling your name or are you content with rural peace and quiet? How can you find the best real estate agent and lender?

In the Pacific Northwest, the real estate market is on fire. It’s been a seller’s market for a while, and 2017 is showing the same trends. Folks want to live here, and we can’t blame them. But finding the perfect home with such low inventory is tough. And winning the bidding war? That’s an even bigger challenge. So what’s a buyer to do?

When you’re selling your home, there’s so much to think about. Curb appeal, open houses, marketing your home… the list goes on. Selling in the fall means less daylight, so it’s time for you to light it up!

In Seattle, it’s definitely a hot real estate market. With all the latest corporations hiring throughout the area, there are simply more people moving here than there are selling. Consequently, listed homes are snatched quickly, often with dozens of offers made during the negotiation process. So what’s a buyer to do?

What comes first; the chicken or the egg? In the world of real estate, inspections usually come after an offer is made. But right now, in Seattle and many other seller’s markets, pre-inspections are becoming more and more common.

Our market is truly feeling the sense of supply and demand. There are not enough properties to sell! We really need listings! Inventory (supply) is very low and the pool of buyers (demand) is very high.

Congratulations! You’ve been pre-qualified by your mortgage lender. Or is it pre-approved? It doesn’t really matter does it? What’s the difference, right?

If there’s one place in the entire Seattle metro area I visit more than anywhere else, it’s Bellevue. My niece and I both love it, and frequently find ourselves in and around Bellevue Square on the weekends for a bite to eat or something new for our wardrobe. Eating, shopping, recreation… there’s a little bit of everything, and a lot of opportunity, for everyone.

During the holiday season, the Mount Baker Community Club holds its biennial Home Tour, this year to be held December 5th from 10 a.m. to 4 p.m., starting at the Clubhouse at 2811 Mr. Rainier Drive. The Home Tour allows the public to get a special glimpse inside six of its older stately homes, as well as its newer modern homes, and enjoy the festive decorations and magic with friends, complete with warming holiday treats and tea at the Clubhouse. Guests can walk the tour or use free shuttle transportation.

The real estate market in Seattle (and many other cities) is hot right now! As a buyer, you may be ready to snatch up a home quickly because you’re worried about availability. What if you find the perfect place, and you lose it in a bidding war?



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