Emily Cressey - HomeSmart, Real Estate Broker

Are You Ready For Retirement?

Over the weekend, I read an article on Vanguard.com warning against using the ā€œ4% Ruleā€ for retirement planning.Ā Ā This rule suggests that you can retire successfully for 30 years by living on 4% of your savings each year.Ā  (e.g. if you have $1 million in retirement investments, you could expect it to produce $40,000/year of spendable income).

Real Estate Investors Gone Wild

In the old days, when I used to be geek-chic and travel the country speaking on stage to hundreds of real estate investors at adult-education conferences, I occasionally got to listen in to other speakers who would speak and/or sell their products. One amusing schtick I may have witnessed more than once was when a speaker would get up on stage and ask, ā€œWho wants this $100 bill that I am holding up?ā€

Seattle Market Cooling? People Have Been Waiting 40 Years.

Are you waiting for the Seattle Real Estate market to ā€œcool off?ā€ Some buyers who were hoping to buy a million-dollar home in Bothell just texted my assistant and said they were pulling out of the market for a year to see if things would ā€œcool off.ā€

How Global Uncertainty Is Impacting Mortgage Rates

If you’re thinking aboutĀ buyingĀ orĀ sellingĀ a home in the Seattle area, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January 2022 of this year. And just a few weeks ago, the 30-year fixed mortgage rate fromĀ Freddie MacĀ approached 4% for the first time sinceĀ May of 2019. That blew my mind because I didn't think it would get there til the end of the year, but BOOM, it happened faster than anybody thought.

For the Seattle House Hackers: Developing an ADU Property in Renton, WA (or Seattle Area)

I have a client who's from Microsoft who is young and ambitious. He doesn't want his first house to be just an expensive place to live, he wants it to be an investment. So he came to me with a plan for developing an ADU. One of the strategies he had in mind to launch his investing journey was developing a single family home into a property with an accessory dwelling unit - like a separate apartment in the basement.

How A Seattle Real Estate Agent Can Help You Invest

For most people getting into real estate investing, using a good agent is a good idea. However, many investors are unwilling to hire a real estate agent due to bad previous experiences or simply wanting to save on the fees and commission that they would spend on the agent. However, an agent can help you find good deals on investment properties, bring critical negotiation skills to the table, provide assistance with contracts and other legal intricacies, and much more. Many investors just don't realize how much an agent can do for them. Let’s take a closer look, then, at how a Seattle real estate agent can help you invest, examining exactly what an agent provides.

Selling Your Shoreline, WA Home – Without the Hassle

Are you possibly thinking of selling your home but you don't want to hassle with all the things you’ll need to do?  

Or maybe you aren’t comfortable having a bunch of people trample through your house with everything we have going on in the world.Ā  I understand.

Sell Your House With Emily Cressey Real Estate Agent

Buying a Retirement Home Before You’re Ready To Retire

Are these days of remote work and quarantining making you think about buying a retirement home? Maybe you long for the days when you could throw in the towel, kiss your boss good-bye and head for the lake, mountains or beach. Or maybe you’re just looking for a second home location to be closer to … Continued