Totem Lake Drone Flyover

2017 in Kirkland has some big changes ahead in Totem Lake! Check out the redev as seen through this flyover provided by Blake Swanson.
Word on the street is that Chick fil-A is planning to open soon in Kirkland following the demolition of Denny’s Restaurant in Totem Lake.
 
If you live within a 2 mile radius of Totem Lake, you can expect your property values to see some major gains as this entire area is redeveloped! Woot Woot!
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DTK Spotlight on Asher Goods

You know the store…every time you pass by the glass garage door facade on Lake Street you can’t help but to smell the leather and cedar.

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The name, Asher, is partly derived from the Hebrew meaning for good or blessing.

The store exudes the warmth of a cabin and provokes a sturdy approach to mens fashion.

Walking inside you may get half of a nod from the stores “mascot” Dino. He lays under the table most days hardly doing his fair share of the chores around Asher Goods.

Dino at Asher Goods

Store Owners Jerry and Matt have put together a thoughtful collection of clothing and accessories to help keep the men of Kirkland looking rugged yet polished. Which – isn’t that the perfect Pacific Northwest blend?

Asher Goods opened here this summer after 2 years in Ballard and hit the Downtown Kirkland scene with a much needed manly inspired splash!

Q and A:

Kirkland Peach: What’s your favorite part of owning a store in Downtown Kirkland?

Jerry: The loyalty is fierce! Kirkland loves to support it’s own!

Kirkland Peach: What is your favorite product in the store?

Jerry: It’s hard to pick one! But typically anything made my Filsen.

Kirkland Peach: What is your favorite place to shop in Kirkland?

Jerry: When I’m not holding down the fort at Asher Goods you may find me at The Epicurean Edge.

If you haven’t yet, check them out and give Dino a little pat!!

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Sale Price by Neighborhood

Neighborhood / Average Days on Market /Average Price*

Bridal trails= 10 days/ $678,000

East of Market= 23 days (some in 4 or less) /  $1,098,000

West of market= 49 days / $1,453,000

Downtown Condos= 17 days (down from 31)/  $632,000

Juanita= 6 days/ $467,000

Houghton = 16 days / $817,000

Highlands= 9 days (2 sold in 1 day)/  $726,000

Kirkland= 20 days/ $728,500

Rose Hill = 33 days / $724,500

North Rose Hill= 20 days / $395,000

Nothing in Totem Lake in 60 days                              ____                                     ____ Only 2 condos

  • Homes in East of Market sell about 20 days faster than Homes West of Market. But also cost aprox. $400,000 less.
  • North Rose Hill is the least expensive neighborhood in Kirkland ( not including Kingsgate)
  • Juanita is out selling East of Market, West of Market, Bridal Trails, Downtown & Houghton. Just 6 days on market & each OVER list price.
  • 17 days>> the current average for “Days on Market” for Downtown Kirkland from 31 days
  • Kirkland Condos are more financially accessible than they have been since 2005.
  • Highlands, Kirkland and Rose Hill (specifically Kirkland address, not including Redmond homes) are all in the same price bracket.
  • Bridal Trails is selling over list price more than any other neighborhood.

*The last 60 days on the market

My New “East of Market” Listing in Kirkland! Open This Sunday from 1-4pm

Desirable East of Market location, privacy, views, and fully remodeled interior are just a few features that make this house an instant home! 3,770 SF of luxury; 4 bedrooms, home theater, chef’s kitchen, Viking range, granite counters, hardwood flooring, walk-in closets, French doors, and lovely fully-fenced backyard with play structure. Palatial master bathroom with endless light, you’ll never want to leave. Detached garage with custom cabinetry and extensive storage. Truly a must-see!

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There are two things I just absolutely love….selling homes and Kirkland properties. When they come together it’s just magic! This home is a stunner. Proud to be co-listing with Matt Van Winkle representing Remax On the Lake.

Ask me about your home value. Experience and knowledge count.

I’m Georgia. My friends call me Peach. And I live in Kirkland where I represent Buyers and Sellers for the last 10 years in Real Estate. georgiawall@remaxot.com

A “balanced” housing market. Coming…to a neighborhood near you.

The Northwest Multiple Listing Service has released new stats.

18% change in listings on the market over last month.

(Dramatic Pause)

What does that mean? It means there is a finally a little bit more on the market. Buyers are just starting to feel that shift of more homes to choose from and less pressure.

In general, 4-5 months of housing supply is considered average, or an indication of a balanced market. If the supply drops below 6 months, some consider it to be a sellers market with prices expected to rise. When supply is greater than 6 months, prices are more likely to fall.
Current housing supply is hedging up to meet the demand.

Whoa. Ya, it’s been a while since I’ve heard the word “balanced” in relation to the housing market.
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My advice:
Sellers: Set listed. Get on the market. * Les go! * Don’t wait.
Buyers: Get serious about looking. You may not see it right away but you need to at least be ready when you find it. You won’t have to give away your 1st born to buy a home. I can help you with SMART strategy.
Current home owners: Check your interest rate and ask me about your current home value. With enough equity in your home (finally) now is a good time to refinance and get that PMI dropped off your monthly payment.
Renters: Really!? Do I even need to say it? As soon as the market gets balanced out rates WILL go up. A 1% change could price you out of the market entirely. You could go from pre-approved to not-a-chance. Don’t waste time. There is not a housing bubble. Get on the home ownership bandwagon.

I’m Georgia. My friends call me Peach. I live in Kirkland where I have been helping Buyers and Sellers with smart strategy for 10 years. Experience Counts.