For the fourth straight year, the Federal Housing Finance Agency raised the conforming loan limits for Fannie Mae and Freddie Mac. (By law, conforming loan limits must be adjusted to reflect changes in home prices across the U.S.) Across most of the U.S. the 2020 loan limit will be raised to $510,400, an increase of nearly 5.4% from last year's level of $484,350. In high-cost areas, including three counties in Washington state, the limit increases to $741,750 (150% of $510,400). The new … Continue reading...
Seattle Real Estate Market Mixed through the 2019 Summer
Seattle Real Estate Market mixed this summer Northwest MLS brokers report mixed activity during July, as volume of closed sales reaches 12-month high July provided mixed messages on housing activity, noted one industry veteran when commenting on the latest report from Northwest Multiple Listing Service. The newly released MLS figures show last month's closed sales reached a 12-month high. Member-brokers also reported the number of new listings (11,193) nearly matched pending sales … Continue reading...
Vintage Capitol Hill Home for Sale
Seattle Real Estate Vintage Home on Capitol Hill is a great investment in Seattle Real Estate 811 E. Aloha Street, Seattle WA 98102 Restored 1906 vintage home for sale in historic Harvard Belmont on Capitol Hill which is perfect for the forward-thinking investor with an eye towards future development. Both units have wood floors and updated kitchens and baths with gas range and stainless steel appliances. Main floor features wood-burning fireplace, new period windows, deck and yard … Continue reading...
Vintage Victorian Home on Capitol Hill
218 19th Avenue East, Seattle WA 98122 $869,000 Vintage Victorian Home on Capitol Hill. Imaginative re-creation of a 1906 Victorian home, complete with backyard folly - “Gustav’s Teahouse”, perfect for music, art studio or a tea party after a game of croquet in your secluded backyard garden. This classic vintage home is a jewel box of whimsy. Owner/artist designed spaces become a celebration of creativity. Hand-hewn woodwork and cabinetry throughout, Fanciful tile baths, intriguing nooks and … Continue reading...
West Seattle View Home
Mesmerizing and Sublime West Seattle Lose yourself in the views from this sweet Cape Cod-style bungalow in the Gatewood neighborhood of West Seattle 7704 44th Ave. SW, Seattle WA 98136 $795,000 Virtual Tour of 7304 44th Ave. SW Amazing unobstructable water views from Vashon to Bainbridge from this secluded relaxing retreat. Beautiful sunsets, long afternoons on the patio, views of the Olympic Mountains, peace and quiet. Gourmet kitchen with Viking gas range, Fisher Paykel … Continue reading...
Historic 1914 Presbytery House for Sale on Capitol Hill in Seattle
1104 17th Avenue East Seattle WA 98112 $2,495,000 1914 church Parsonage and Chapel converted to amazing vintage home for sale in the heart of Capitol Hill This imposing and proper home has over 5000sqft and is sited prominently on a corner lot at the highest point of Capitol Hill. It has 9 bedrooms and 5 bathrooms, with gleaming hardwood floors on the main and second level and refinished fir floors on the 3rd level. The lower level features slate floors throughout. You will be amazed at the … Continue reading...
Charming Ravenna Home for Sale in Seattle
6327 21st Ave NE, Seattle, WA 98115 $825,000 Very appealing vintage 1919 Craftsman Bungalow, set in a superior Ravenna neighborhood, within walking distance to Third Place Books, Whole Foods and the new Light Rail Station (2021). This home has wonderful gleaming oak hardwood floors, a wood-burning fireplace, mullioned windows and elegant light-filled spaces. It has a unique center-entry "great room", which is perfect for greeting guests, formal dining room or home-based occupation. A … Continue reading...
Modern Living in Madrona
710 29th Avenue Seattle WA 98122 $1,295,000 Open House Sunday February 17th noon to 3pm A modern take on a Craftsman Home - Handsome. Gracious. Timeless. Inviting. Located within Madrona, the home offers 4 beds, 3.5 baths, hardwood floors, generous kitchen space, 2 fireplaces (including 1 in the master), air conditioning, great light, a deck and private patio, a sweet MIL or ADU in lower level (Airbnb?), a 3 car garage and more! Over 3,500 sq feet on 3 levels. Whether … Continue reading...
New year, new home? Home ownership is still the American Dream
It turns out a lot of millennials want to buy a home someday — a whooping 89 percent according to a new Apartment List survey. But, just 5 percent expect to buy in 2019 and 34 percent say they will wait at least five years. Why the lag? While the dream of homeownership is strong, 72 percent cite affordability as the critical issue. Down payment funds are primary challenge Sixty-two percent of millennials specifically mention the lack of funds for a down payment. Only 11 … Continue reading...
Creating Affordable and Accessible Homeownership in Seattle and Washington State
There is a housing affordability crisis in Washington impacting buyers, sellers, and renters from Seattle to Spokane. Growing pressure and demand for housing leads to skyrocketing prices and low housing supply. Families in all income groups are struggling to find homeownership opportunities. This impacts every part of the housing and rental markets in Washington. According to the University of Washington's Center for Real Estate Research, first-time buyers in King, Snohomish, Pierce and … Continue reading...