Does Moving Up Make Sense?

Ask yourself these 5 questions to help you decide if you have house fatigue and are ready for something newer or bigger or in a more desirable location:

  1. Has your income or financial situation improved? If you’re making more money, you may be able to afford higher mortgage payments and cover the costs of moving.
  2. Have you outgrown your neighborhood? For example, you may have realized that you hate your commute or your children might excel in a different school district.
  3. Are there reasons why you can’t remodel or add on? Sometimes you can create a bigger home by adding a new room or building up. But if your property isn’t large enough, your municipality doesn’t allow it, or you’re simply not interested in remodeling, then moving to a bigger home may be your best option.
  4. Are you comfortable moving in the current housing market? If your market is hot, your home may sell quickly and for top dollar, but the home you buy also will be more expensive. If your market is slow, finding a buyer may take longer, but you’ll have more selection and better pricing as you seek your new home.
  5. Are interest rates attractive? A low rate not only helps you buy a larger home, but also makes it easier to find a buyer.
Usually, you don’t build up much equity in the first few years of your mortgage, as monthly payments are mostly interest, but if you’ve owned your home for five or more years, you may have significant, unrealized gains.

Usually, you don’t build up much equity in the first few years of your mortgage, as monthly payments are mostly interest, but if you’ve owned your home for five or more years, you may have significant, unrealized gains.

Let me personalize your home market analysis for you so you can decide what your next step is. Knowledge and experience count!

My name is Georgia. My friends call me Peach. I live in Kirkland where I have been helping Buyers and Sellers for 12 years.

Kirkland Summerfest Kicks off tonight!

Kirkland Summerfest: the city’s premiere summer festival of art, music, food and family fun on the waterfront.

Kirkland’s largest festival features 2 days of visual and performing arts, spectator sports,  kids activities, and live entertainment, over 100 vendors and food trucks on the streets of downtown. One of the 101 reasons why I love living in Kirkland. When the city puts it’s mind to do something, the community get’s involved! It’s all hands on deck.

There are 26 donors and countless sponsors involved in putting this together to make it Kirkland’s Best!

Kirkland Summerfest‬ 2015 is here. Friday starting at 4pm-11pm and through Saturday all day until 11pm.

Summerfest 2015 is here! Friday and Saturday downtown at the marina!

Summerfest 2015 is here!
Friday and Saturday downtown at the marina!

There will be live music all weekend long, lots of food, 27 arts and crafts exhibits to peruse.

Check out the music main stage schedule here!

The Fish Frolic is back this year with lots of quirky, cool, creative fish to place a bid on. If anything they make for a great selfie backdrop!

Head on down to the Marina where all the action is!

Tired of multiple offers? Think about new construction instead.

Buyer’s are exhausted; Running around before and after work ( and taking off during lunch breaks) to be the first buyer to see a property gets old fast.

Let alone, pre-inspections, escalation clauses and waiving appraisals is not what most buyers have in mind when it comes to buying a home.

New construction may be your best solution to avoid the rush of the resale market. Builders have inventory that needs to move and for Buyers that translates to peace of mind, picking out your own color pallets and allowing the time needed for financing and inspections.

You can find me twice a week at Lexington Park in Bothell. There are 4 homes, move-in ready and all priced to sell $559,900-$669,000.

New prices on new construction. Come visit me at the model home.

New prices on new construction. Come visit me at the model home.

Come check us out this weekend. Fri- Mon 11-6pm.

Happy Blue Friday and look for those Blue Angels!

It’s that awesome time of year again when the Blue Angels fly into town and perform two air shows over the water. If you are a local, you have probably planned ahead, taken the weekend off work and counting down since last summer.

This year seems especially cool because it just so happens that everyone’s favorite Quarterback, Russell Wilson, just resigned his contract with our beloved Seahawks! (can I getta woot woot?!!)

So celebrate all things in BLUE  on this Bluest of Friday’s in true Northwest style this weekend. Head to a spot on Lake Washington* and watch the Blue Angels dive over all of us spectators on the water! I’ll be out there in the middle yelling and whooping it up!

Seafair 2015!

Seafair 2015!

The words “mutual agreement” are a beautiful thing!

Originally built in 1927 and lovingly restored in 2009…this home is loaded with charm.

My Buyers are thrilled to get to mutual agreement on this amazing house we affectionately call Yellow House.

$730,000 in North Beach ( minutes from Golden Gardens), Seattle.

Total studs-out renovation/addition in 2009 of existing 1927 hom

Total studs-out renovation/addition in 2009 of existing 1927 home

An added bonus is the detached picturesque studio/cottage, rebuit

An added bonus is the detached picturesque studio/cottage, rebuit

Gorgeous master bath and claw-foot tub waiting to be enjoyed. He

Gorgeous master bath and claw-foot tub waiting to be enjoyed. He

Escape to this luxurious master suite where you'll find cathedra

Escape to this luxurious master suite where you’ll find cathedra

Enjoy and open floor plan and 9' ceilings.

Enjoy and open floor plan and 9′ ceilings.

So much openness! Kitchen designed with entertaining in mind.

So much openness! Kitchen designed with entertaining in mind.

Main part of home includes 1,250 square feet, large master suite

Main part of home includes 1,250 square feet, large master suite

Beautiful landscaping throughout and fully-fenced yard. The base

Beautiful landscaping throughout and fully-fenced yard. The base

Exceptional Land Opportunity in Kirkland- check out my new listing!

The hottest neighborhood on the Eastside just got more interesting. Check out my listing that just hit the MLS yesterday.

Housing demand is sky high and inventory is at record lows. New Construction is what buyers are waiting for. Two parcels being sold as one. .46 acres/ 20,745 square feet.

Prime real estate opportunity in the heart of Kirkland on Rose Hill. Zoned RM 3.6 for Multi-Family Residential development. Excellent .46 acre level lot centrally located with superb excess to I-405. Minutes away from DT Kirkland waterfront/shops. Served by Lake WA school district. Gas/Electric/Sewer in street. Soil test completed. Land for sale only. Site plan & conceptual renderings available. Potential for 6 homes with zero lot line. Partial mountain views from East corner of the lot.

C1-Site Plan

With inventory at record lows and demand at record highs- now is the time for new construction.

With inventory at record lows and demand at record highs- now is the time for new construction.

Nash Wilbur Lane Prelim color 1 View 1-3 (1)

.27 acre lot is zone RM 3.6.

Opportunity awaits.: MLS 801389

Contact me for additional marketing materials for a full preview of the land, renderings and detailed information.

GeorgiaWall@RemaxOTL.com

206-948-0431

Relocating from another state? You need a plan.

Moving from one state to another can be an intimidating proposition. Here are a few tips to help make your move as painless as possible.

i heart kirkland

Research before you move. It’s important to understand the culture you’re joining. Do research online and find out about school systems, neighborhoods, parking, weather, public transportation, and laws that are native to that area. Post some questions on Facebook and ask your friends, or follow locals on Instagram (Ahem….@KirklandPeach).

Have a plan. There are a lot of steps to go through before you start packing the moving truck. Find housing before you leave, or at least know where you’ll stay while you look for a home. Never sign a lease on an apartment that you haven’t seen. If you can’t get there, find a REALTOR  to check for you. I take videos and do on site visits for all of my out of state clients. Have a job waiting for you, or if that’s not possible, know what you’ll do for money in the first few weeks of living there. Try to line up things like driver’s licenses, car insurance, renter’s insurance, and parking passes ahead of time as well.

Use good websites to get an idea of an area like crimemapping.com and walkscore.com.

Get involved. Meeting people in a new city can be daunting. Don’t expect the neighbors to knock your door down with a casserole when you arrive. Have you ever heard of the “Seattle Freeze?” Take the initiative. Try new things. Volunteer. Drink Coffee. Paddle board. Ride a bike. These are pretty popular around here and an easy way to meet people.

Coffee. It's a currency and around here and an easy conversation starter.

Coffee. It’s a currency and around here and an easy conversation starter.

Mind your wallet. Seattle and the Greater Eastside is not cheap. Everything costs about the same as where you are from: food, insurance, clothes, rent. Taxes may be slightly cheaper and WA does not have a State Income tax. So in that regard, you may be one up!

This is a great place to live!

Simplicity Decor in Downtown Kirkland sells all sorts of fun stuff. These bags will help you fit in like a local!

I’m Georgia. My friends call me Peach. I’ve been helping Buyers and Sellers in Real Estate for over 12 years. Looking forward to working for you!

OMG the market is HOT. So what does that mean?

People are saying…

Wow the market is so hot! You must be so busy!

Or

The market is so hot, we are going to have another bubble.

Or

I don’t want to buy in this market, it’s too hot.

hot market

Here are 3 things you should know about what a “hot” market means and how it affects buyers and sellers (and Realtors) differently.

1) Just because the market is hot, does not mean that Realtors are busy. Demand is WAY up and Inventory is WAY down. This means that Sellers have the advantage because there are not enough homes to meet the demand of the Buyers. Realtors work equally as hard in a “Buyers” market as they do a “Sellers” market but with emphasis in different areas.

Media focuses too much on one house that sells way to high. It freaks buyers out.

Media focuses too much on one house that sells way to high. It freaks buyers out.

2) Home prices are up, some houses…WAY up. Think of it like a flashlight. The headlines you read are putting extreme focus on hot areas like Bellevue, Seattle, Ballard, Sammamish, Kirkland, Redmond…places where there is ALWAYS demand. Most Sellers are happy to see values just starting to come back to 2005 and 2006 price ranges. Seattle is not facing another bubble.

Prices naturally stay "hot" in the urban core and spread out to the suburbs as the market heats us and prices go with it.

Prices naturally stay “hot” in the urban core and spread out to the suburbs as the market heats us and prices go with it.

3) Waiting to buy does not save you money, it’s actually a risk that you will pay more, especially when interest rates go up. As homes sell at higher prices, it sets the new bar. This means that if you opt out to buy because you think you are contributing to the “hot” market, you will just risk paying more. Every home that sells is now that new “comp” for the next home that comes on the market. As the market heats up, every home in every area will eventually all go up in price.

I’m Georgia. My friends call me Peach. I’ve been helping Buyers and Sellers in Real Estate for over 12 years. Looking forward to working for you! 206.948.0431