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Homes by JRS, Blog

Wednesday, November 27, 2019   /   by Jordan Stupey

Celebrating New Year’s Eve off the Beaten Path

Because big parties with crowds, expensive cocktails, and massive fireworks shows aren’t the only way to ring in the new year.


 


The holiday season is in full swing, and the year (and the decade!) is almost over. If a big party is not your scene, you’re not alone. Some of the most fun and meaningful moments in life are a little more intimate, and shared with people we love. Below, I’ve rounded up a few ideas for ringing in the new year that are a little off the beaten path.


 


Staying In


·       Dinner Party


Invite your favorite people to share a meal. Plan an elaborate menu, and go all-out fancy. It’s the end of a decade, after all. Not much of a cook? Plan a potluck instead. Challenge everyone to make something they wouldn’t normally cook. Or assign teams and host a cook-off competition. There are lots of possibilities, but the end result of spending the evening with those ...

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Monday, November 25, 2019   /   by Jordan Stupey

Monthly Newsletter: November 2019 - Quarterly Economic Update

I am pleased to present the third-quarter 2019 edition of the Gardner Report, which provides insights into select counties of the Western Washington housing market. This analysis is provided by Windermere Real Estate Chief Economist Matthew Gardner. I hope that this information will assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don't hesitate to contact me.
Read the full report here.
 

 

 

 As winter approaches, it's time to make sure your home is ready for the harsh weather ahead. To avoid costly repairs later, take some time now preparing your home to withstand another cold season. Here are 30 important tasks to protect and prepare your investment. View the full list here.

 

 

 
 



 Have you been keeping track of the Seahawks home game defensive tackles? We have. Every one means another $100 donated to Mary's Place. After the ...

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Monday, November 4, 2019   /   by Jordan Stupey

Holiday Tree Lighting Celebrations

 Kick off the holiday season with a community tree lighting celebration. Thanksgiving falls late on the calendar this year, so the Christmas festivities will be right on it’s heels. Some of these celebrations start as early as the day after Thanksgiving!
The bigger celebrations feature Santa’s arrival, and most of the communities will have fun activities designed to put you and your family in the holiday spirit. live music, refreshments, crafts, and other fun activities. Santa will make an appearance at most of these as well.
 
Nov. 29 - Bellevue at Bellevue Place
Nov. 29 - Seattle at Westlake Center
Nov. 30 - Seattle at Pike Place Market
Nov. 30 - Tacoma at the Broadway Center
Nov. 30 - Edmonds at Centennial Plaza
Dec. 1 -  Bothell on Main Street
Dec. 1 - Olympia at Sylvester Park
Dec. 6 - Mercer Island at Mercerdale Park
Dec. 6 - Mountlake Terrace at Evergreen Playfield
Dec. 6 - Renton at Coulon Park
Dec. 6 - Sammamish at City Hall
Dec. 6 - ...

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Wednesday, October 30, 2019   /   by Jordan Stupey

Monthly Newsletter - October 2019: Dual Market, Transitioning from Residential to Condo

 
Last month, I did an analysis on the new phenomenon of a dual market. A dual market is when you have different market conditions within the same overarching real estate market. This duality presents amazing opportunities for sellers who are also buyers, depending on where they want to go. I reported on two dual markets, the move-up market and the move-out market. Another dual market that deserves to be shared is the condo market compared to single-family residential.
 
In September, single-family residential homes in Seattle Metro had an absorption rate of 43% while condos were at 27%. Months of inventory based on pending sales for single-family residential was only 1.9 months of available inventory, and condos, 3.5 months! That is the difference of a seller's market for single-family residential to a balanced market for condos. After many solid years of strong appreciation, folks that are looking to cash out the equity on their single-family residential homes and move ...

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Tuesday, October 15, 2019   /   by Jordan Stupey

Eastside Quarterly Market Trends – Q2 2019

 
Increased pending activity is an indication of strong buyer demand which is very much being driven by historically low interest rates, a thriving job market, and an overall strong local economy. In fact, interest rates are an entire point lower than they were a year ago! This affords buyers a price point that is 10% higher over last year while maintaining the same monthly payment. A year ago, the monthly payment for a home at $900,000 is the same for a home at $990,000 today. Today’s rates coupled with tempered price appreciation provides increased affordability for buyers, which in turn is providing a healthy audience for sellers.  After many years of strong price increases, many sellers are moving their equity to the next lifestyle home they desire.
 
This is only a snapshot of the trends on the Eastside; please contact me if you would like further explanation of how the latest trends relate to you.

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