OPEN HOUSE SCHEDULE AND NEWS – February 13-14

OPEN HOUSE SCHEDULE AND NEWS – February 13-14
Erin Harold Newsletter | February 12, 2016
Open House

 SATURDAY AND SUNDAY 

1:00 PM – 4:00 PM

NEW HOLLY NEIGHBORHOOD: SEATTLE – MLS#894747

3951 S Chicago St, Seattle, WA 98118 United States

Offered at $340,000

 New Holly, Seattle, Wa.

This property is conveniently located near the light rail line, connecting you in minutes to downtown Seattle, SeaTac, and soon the University of Washington. Perfectly placed in the sought after New Holly neighborhood of Seattle, this picture perfect, 2-story, 3 bedroom, 2 1/2 bath home is a rare find. Full of light, with a vibrant design, it is gently lived in and features newer carpet and paint, an easy to maintain yard, and a floor plan that was brilliantly designed to feel much larger than the square footage suggests. On a coveted corner lot, this home also boasts a bonus parking spot. 

 

New Holly - Central Park - Seattle, Wa.

New Holly- Central Park- Seattle, Wa.

 

A great new development, with its very own “Central Park” just a short walk away,

this home has everything.

 Such a rare opportunity so close to the city and the train systems,

this home will not last.

 

Be the very best Valentine!

Buy your sweetheart a home for Valentines day!

I look forward to meeting you!

Real Estate News & Information
Here are the 25 strongest and weakest housing markets for 2016
www.housingwire.com | Feb 11, 2016
With the new year, it’s still not too late to identify where the strongest and weakest U.S. housing markets will be in…
Read more
Call to action!!!!!! Our King and Snohomish county markets desperately need more homes for sale! – Erin Harold
erinharold.com | Feb 11, 2016
To all my friends, family, and colleagues: An announcement. Our market is literally overcome with buyers looking for a home…
Read more
Erin Harold
Broker

Marketplace Sothebys International Realty
16261 Redmond Way
Redmond, Washington United States  98052

erin.harold@sothebysrealty.com
www.ErinHarold.com
206.326.8961

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Portland, Seattle, and Bend are numbers 1, 2, and 4 in the nation, respectively.

house_chalk

Here is a great article by HousingWire outlining the 25 hottest and weakest housing markets in 2016.

Portland, Seattle, and Bend are numbers 1, 2, and 4 in the nation, respectively. 

Article link: http://www.housingwire.com/articles/36121-veros-provides-the-forecast-detail-for-the-2016-best-and-worst-real-estate-metros#.Vrjp01i58to.twitter

If ever there was a time to list your home, it is now. Do not miss this hot market!

Call me, I can help you.

Here are the 25 strongest and weakest housing markets for 2016 -Veros report shows markets to watch -January 27, 2016 –Cynthia Barraza

Don’t Miss These Home Tax Deductions !!!!

Home tax images

 

A great article for any homeowner to prepare for tax season!

Thanks for sharing this info with us Island Group Sotheby’s International Realty!

Follow this link: http://www.houselogic.com/home-advice/tax-deductions/home-tax-deductions/

Call to action!!!!!! Our King and Snohomish county markets desperately need more homes for sale!

To all my friends, family, and colleagues: An announcement.

Our market is literally overcome with buyers looking for a home to buy. In every city in our greater Seattle area, North, South, East or West.  In both King and Snohomish counties, in every price point, in both single family, condominium and town home style homes. In fact, there are so many buyers, that homes are selling in days. Some are selling in hours! Almost all have multiple offers.

These buyers are paying far more than asking price, as they have been searching for so long with nothing to buy, they are literally pushing the market value up in price, daily. The competition is fierce out there.

That being said, we really need more inventory. If you currently own a home, and are curious as to what the current market value of that home is, please call me. It may very well be of a value that is beyond what you could have imagined. It would be a shame to waste such a hot sellers market, by simply not finding out.

If you or anyone you know is even remotely curious, please give them my contact information. Spread the word. I am always happy to give people a complimentary visit and home value analysis, even if it is just out of simple curiosity that they inquire. It is important for people to understand the value of their investments. Whether it is to sell, or to utilize the value in a different way, perhaps a remodel?

Feel free to call me directly, email me, facebook me, or message me on one of my online platforms. I am here to help.

Erin Harold | Broker

Marketplace Sotheby’s Realty
16261 Redmond Way, Redmond Wa
C: 206.326.8961 O: 425.243.9000

ErinHarold.com

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To remodel or not to remodel prior to selling? A great question.

 

This is a question I get asked almost daily by homeowners. In a seller’s market, it may not be a requirement to do these things, before you list, because the competition is so fierce to buy homes right now. Home buyers are willing to do this work for you, after they buy.

However, if you really do want a top dollar rate of return, for any remodel you do, make sure it is one that will pay you back when you do decide to sell.

Here is a great article from CBS news, that talks about the in’s and out’s of this concept.

http://www.cbsnews.com/media/top-10-remodeling-projects-for-adding-value-to-your-home/11/

 

The Marketplace Annual Report: Outstanding Market Performance in King + Snohomish Counties

Outstanding Market Performance in King + Snohomish Counties
Hello,

I thought you’d be interested in reading our Annual Market Report.

Recently we’ve seen a global stock market correction and our first interest rate increase in 8 years. Locally, we’ve seen double-digit drops in housing inventory and double-digit increases in sales. Fortunately, our short-term forecast indicates that it is still a great time to be BOTH a seller and buyer.

For sellers, available homes on the market remain scarce. A “normal” Puget Sound market has 3-4 months housing supply. Currently King County has a 1 month inventory supply, Snohomish has 1.7, and double-digit price appreciation in many areas.  With nearly 70% of housing produced projected as apartment building over the next few years, if you’re thinking of selling your residence, 2016 may be the best time in the foreseeable future – simply because of supply and demand.

For buyers, mortgage rates were finally raised in December, but continue to hover near record lows of under 4%.  We suggest buying ASAP because over the next few years, current rates could increase up to 50%, and housing inventory will continue to stay scarce. In addition, the federal government recently introduced new mandatory closing disclosure requirements (TRID) that will delay all financed closings by at least 1-2 weeks. 

Since January 2013 (when our market began to recover), we’ve seen a consistent trend when the calendar turns over to the new year: prices increase steadily through spring, level off during summer, and fall as the holidays approach.  2016 will most likely be different.  Read our report to learn why!

Contact me to determine your optimal real estate goals and future, or for a customized, in-depth analysis on your area of interest. 

I look forward to hearing from you. 

Erin Harold

Marketplace Sothebys International Realty
16261 Redmond Way
Suite 150
Redmond, Washington 98052
www.ErinHarold.com
206.326.8961
erin.harold@sothebysrealty.com

Desperation caused by lack of inventory – fueling buying frenzy

Desperation caused by lack of inventory – fueling buying frenzy
Erin Harold Newsletter | January 21, 2016
King county home shortage
If ever there was a right time to sell your home,
IT IS NOW. 
This is one of the strongest seller’s markets in our history in this greater Seattle metropolitan and its surrounding areas. Experts abound, and all are in agreement, that this shortage of inventory is the worst they have seen in decades.
How does that translate to you as a homeowner?
Buyers are lining up out the door to buy your home. Your home is desired. It is needed. It  is valuable. If you have even been toying with the idea of a change of residence, whether it be to downsize, to relocate, to up-size or you simply have a desire for a change of scenery, now is the time to make the move. You will not believe just how valuable that home of yours really is.   Whether your home is fixed up or not. Here are the facts:
 
– Homes are selling in days, some are selling in hours. 
 
– 38% of all homes sold in 2015 were bought with cash. 
 
– People who sold their home in King County in October reaped an average 48 percent gain over their original purchase price.
 
We have not even seen the typical mid-winter slowdown, of our typical market , this year at all. In fact, the market has become ravenous with even more buyers looking, and no inventory available to buy. Leading into the spring and summer, this will create a literal war-zone for potential buyers, fighting for the winning bid on your home and willing to spend above top dollar in order to reign supreme. That means: Money, in excess, for you as a seller. 
 
Here are a few quick and relevant details I pulled from one of the two attached articles, both detailing this amazing market event: 
 

Seattle and King County had 1.3 and two months’ worth of homes for sale, at the current sales pace, in January. That’s down from 1.6 months and 2.4 months a year ago. While the supply is up slightly from December, seasonal variation complicates month-to-month comparisons. Four to six months is generally considered balanced between buyers and sellers.

“We just really are a fast growing city without enough inventory on the market,” said Alon Bassok, a research scientist at the Runstad Center for Real Estate Research at the University of Washington. “Limited inventory, in this case, means to me that we’re going to see prices go up even further.”

In addition to the lack of homes currently for sale, the rental market is also tight and construction of new homes isn’t keeping pace with demand, Bassok said. “So there’s pressure on all sides.”
In a listing service news release, George Moorhead, designated broker and owner at Bentley Properties, said: “The current inventory of homes available for sale has never been lower in my 22 years as a real estate broker.”
Supply of houses for sale in Seattle remains tight

By AUBREY COHEN, SEATTLEPI.COM STAFF, Updated 4:16 pm, Thursday, February 5, 2015

  

Give me a call and I will provide you with a current market analysis of your home. I can help guide you down the path that will lead to the best possible result on the sale of your home. 
Do not miss this hot market.  
 
 
I look forward to helping you. 
Real Estate News & Information
King County home prices climb amid worst shortage of inventory in a decade
www.seattletimes.com | Jan 21, 2016
The continuing shortage of homes for sale helped send prices on homes sold last month through the roof: King County’s…
Read more
Supply of houses for sale in Seattle remains tight
www.seattlepi.com | Jan 21, 2016Read more
Erin Harold
BrokerMarketplace Sothebys International Realty
16261 Redmond Way
Redmond, Washington United States  98052

erin.harold@sothebysrealty.com
www.ErinHarold.com
206.326.8961

The Perfect Home = Happy Clients

The Perfect Home = Happy Clients
My only job is to find you the perfect fit and to deliver exceptional results.

28488 238th Ave SE, Maple Valley, Washington, USA – MLS# – 853791

Congratulations to my amazing clients, the Callahans!

After exceptional  preparation and with powerful negotiating skills, we succeeded in winning the bid for their dream home! The transaction closed on time and was a great success for both the buyer and the seller. Everyone was happy, including the selling agent who gave me such a nice compliment.

“I wanted to express my sincere appreciation of your professionalism during our recent transaction. I so enjoyed you being available to the phone when needed, and your upbeat and timely transaction updates plus your efficiency with your paperwork. I always felt we were representing our clients well and facilitating a level of cooperation during the transaction necessary for all. I hope to get the pleasure of working together again soon!”
Pam McCain, Managing Broker, John L. Scott, Covington, Wa.

This may be the most fun I have had working with a family! Taking my clients on home tours, has always been one of my favorite things to do. We all had so much fun, even the kids got involved in understanding home values and picking just the right fit! This family was a good time. 

When we met at their new home to deliver the keys, my clients surprised me with a dozen beautiful roses, a glorious desert treat, lots of hugs and so many thank you’s. That is the best part of my job. Smiling, happy clients. 

If these are the results you would like to see in your next property purchase or sale, then give me call. My only goal is to ensure my clients have exceptional results, in an effortless fashion and have a smile on their face when it is all said and done.

That is what I provide. Call me. 

The time to sell is right now. The time to buy is right now. Do not miss this hot market.

 

“The best part of my job is seeing my clients smile, when their dreams become their reality.”

Extraordinary, Savvy, Results

REAL ESTATE NEWS & INFORMATION
Short supply pushes up region’s home prices
www.seattletimes.com | Nov 16, 2015
King County’s median price of single-family homes sold last month was $480,000, 7.3 percent higher than a year ago, as…
Read more
Economic opportunity lands Seattle at No. 10 best city to own a home – Puget Sound Business Journal
www.bizjournals.com | Nov 16, 2015
The Emerald City came in just below Minneapolis and just above Miami in a list compiled by Porch and Redfin that evaluated…
Read more
EXCLUSIVELY OFFERED BY
Erin Harold
Broker

Marketplace Sothebys International Realty
16261 Redmond Way
Redmond, Washington United States  98052

erin.harold@sothebysrealty.com
www.ErinHarold.com
206.326.8961

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Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC.
Each Office is Independently Owned and Operated.

MARKETPLACE SIGNIFICANT SALES | OCTOBER 2015

Significant Sales of October

Hello,

I thought you’d be interested to read about some of the homes we sold in October, HERE.

When my clients are happy, every sale is significant to me. Because it’s not luxury prices I serve, it’s luxury service my clients expect. 

The real estate market isn’t slowing down this fall. Call me if you’re interested in making real estate moves!

Erin Harold | Broker
Marketplace Sotheby’s Realty

16261 Redmond Way, Redmond WA
C:206.326.8961 O:425.243.9000

WWW.ErinHarold.Com

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Fall in New York: Elegant, Inspiring, Stunning

Enjoy the splendor of everything New York has to offer.

Compliments of the renowned John Tenore Team:

Sotheby’s International Realty

149 Fifth Avenue
New York, NY 10010
+1 212.431.2473

 

OCTOBER 2015
COMPLIMENTS OF JOHN TENORE

Dear Friends, Clients and Colleagues:

As the leaves are turning color and the weather is getting slightly more chilly we are pleased to present to you our Third Quarter 2015 newsletter. In this issue we include links to the latest news we find interesting including market statistics from the 3rd quarter, a fun article comparing Brooklyn and Manhattan, a preview of a contemporary art auction overseas and a link to a new restaurant that we have enjoyed. We also highlight 2 destinations – Santa Fe, New Mexico and Bar Harbor, Maine where the quality of life is very different from our urban living here in the city. This quarter we are offering three current listings for sale – an artist’s loft in SoHo, a beautifully appointed and well located home on Lower Fifth Avenue, and a duplex walk-up 2 bedroom with lovely garden views in the West Village. So please have a look when you have a moment. All the best to you this fall. Happy Halloween!

Regards,
The Norrgard – Tenore Team 

New York City Market Update | Third Quarter 2015

Visit the Third Quarter Market Report here: http://issuu.com/sirinc/docs/sir_manhattan_marketreport_3q2015


Brooklyn Real Estate to Manhattan: ‘What’s Good?’ 

For as long as there have been rivalries, Manhattan has often been presented as the place where people would rather live, and the other boroughs honorable mentions that will do nearly as nicely. That dynamic is shifting. After a spate of new real estate market reports, Brooklyn can now definitively say: “What’s good, Manhattan?” The median price of a Brooklyn apartment is now at an all-time high of $676,250 – up 15.1 percent from the year before. 


Sotheby’s Auction | Southeast Asian Abstraction 

Coinciding with the 30th anniversary of Sotheby’s Singapore, as well as the 50th anniversary of Singapore’s independence as a country, Southeast Asian Abstraction: A New Dialoguecelebrates the very essence of abstract form within a localized context. This exhibition highlights Southeast Asian abstract art from the 1960s to the 21st century. The artworks created may be seen as a marriage influenced by old world concepts paired together with a fresh vocabulary. 


Sotheby’s Style Magazine | Santa Fe

This collection of fine properties serves as an excellent resource for those who are interested in Santa Fe real estate.

New York Real Estate | On the Market

208 Spring Street | $2,750,000

Texture – Space – Volume – Light. A wonderfully authentic and enchanting artist’s loft is available for renovation in the heart of SoHo on Spring Street and 6th Avenue.   

 

24 Fifth Avenue, Apt 1012A | $775,000

Beautifully restored and renovated Greenwich Village classic located in the historic 24 Fifth Avenue. Sun-drenched and south facing 1-bedroom apartment.  

 

327 West 11th Street, Apt 3R | $1,950,000

Located in the heart of the historic West Village on West 11th Street between Greenwich and Washington Streets is this sophisticated 2-bedroom, 2-bath duplex home. 

 


Where We’re Eating | Upland Restaurant

Built around a culinary philosophy that takes heavy cues from the seasons, Upland balances a familiar rusticity with a smart global approach and a New Yorker’s eye for detail. The wine program matches the excitement coming out of Upland’s open kitchen, with a wordily 500-bottle list and a clever by-the-glass selection that’s remarkably food-friendly. We love Upland not only because of the innovative/seasonal selections, but also because the interiors were designed by a LaChance + Team favorite, Roman and Williams. On a side note, the name and theme is inspired by Upland, California, hometown of our very own Michael Hahn who is quickly making waves at Compass and in the New York market. 

 


Great Destinations Through Our Network | Bar Harbor

As a leader in luxury Maine Real Estate, Legacy Properties Sotheby’s International Realty offers an unmatched blend of local expertise, world-class home marketing power and property exposure. Our 70 plus licensed real estate agents specialize in Maine Coastal Real Estate, Maine Waterfront Property, Maine Oceanfront Real Estate and other beautiful homes for sale. 


John Tenore
Associate Broker
+1 917.496.3621 | john.tenore@sothebyshomes.com
www.johntenore.com
Sotheby’s International Realty
149 Fifth Avenue
New York, NY 10010
+1 212.431.2473
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