How To Determine The Value Of Your Property in Seattle, Washington

Market value is a professional opinion of what a property would sell for at arm’s length – meaning to an independent buyer, without any concessions or kickbacks – based on the local real estate market, supply and demand, what other similar properties are selling for in the area and the specific features and benefits of the … Continued
First time home buyer

Letter to a First Time Home Buyer In North Seattle

Are you currently renting or moving to the area and considering becoming a first time home buyer in the Seattle, WA real estate market? If you're intimidated, you're not alone. I recently received an email from a first time home buyer in Seattle, who had enjoyed my monthly real estate market updates and was interested in figuring out if this was actually a good time to be buying in the Seattle, WA market.

Don’t Buy a Lemon: Why Property Inspections Matter

Welcome back to the Let's Go Seattle Show! My name is Emily Cressey, and I serve the amazing people of the Greater Seattle area. Today, we’re talking all about property lemons and how to spot them. I once knew an investor who did NOT have a proper property inspection and the house that he thought was completely rehabbed, turned out to be a money pit that almost drove him into foreclosure. Here's what you're probably thinking when you run into the home of your dreams: "It’s cute. It’s charming. It is at a great price. " You’re just about ready to commit. But something just doesn’t feel quite right. Today we are going to talk about listening to your gut, and the logical ways you can examine a home to determine if that feeling you’re getting is actually legit.

Moving To Seattle, Washington and Surrounding Cities

If you're thinking of moving to Seattle, Washington for jobs - we've got a million of 'em. From high-tech giants like Amazon, Google, and Facebook; to jobs at hospitals, law firms and in the aeronautics industry, Seattle has a wide and deep employment base offering it excellent stability despite occasional dips and valleys in various employment market sectors.
Hiking in Duvall, WA near Seattle - Emily Cressey

Sell This Winter or Wait ‘Til Spring?

If you have been thinking about selling your Shoreline, WA home this year, your plans might have gone slightly awry due to Coronavirus. Now we are lock-down again and people are wondering what is going to happen.

Right now we are seeing a lot of pent-up demand from the Spring uncertainty continuing to play out in our very competitive housing market. In a "balanced" market, we might see 6-months of inventory on the market, but now we have less than one month's worth. In fact, homes are continuing to be snapped up by buyers at full price (many at above-market rates due to competitive bidding situations in entry-level price point homes) and the average days on market in both King and Snohomish Counties are under 3 weeks.

FHA Loans Explained for Shoreline, WA Home Buyers

A Federal Housing Administration (FHA) loan is a mortgage that is insured by the Federal Housing Administration (FHA) and issued by an FHA-approved lender. In a nutshell, FHA Loans are designed to assist low- to moderate-income borrowers and home buyers. Issued by FHA-approved lenders, these loans are backed and insured by the Federal Housing Administration (FHA), so they … Continued

A Beginners Guide To Financing Property In Seattle

Financing property: Few people enjoy getting into the lending side of a new home purchase, and yes, it can be a drag. BUT this should really be the first step of preparing to buy a home. (Click here to see all the steps in our Beginner’s Home Buying Guide.) Whether you’re a real estate investor … Continued