RE-Weekly 05/24/18

RE-Weekly.com REAL ESTATE IN SKAGIT, ISLAND AND WHATCOM COUNTIES

INSIDE

This Issue This Issue

EQUITY UNEASE P. 4

MILLENNIALS NEED MORE HOUSING MONEY P. 7

EAGLEMONT OPEN HOUSE SATURDAY, MAY 26TH, 1-3PM FEATURE HOME: 4813 bEAVER POND DRIVE S., MOUNT VERNON

Classifieds P. 7

SEE PAGE 3 FOR MORE

SKAGIT TRADITION REALTY DANYA WOLF 360-708-8294 and ELVA HUNTER 360-202-3086

$624,990

RealEstate weekly

MAY 2018 OCTObER 13-19, 2017 FEb. 5-25-31, FEb. 11, 2016

A supplement to the Skagit Valley Herald and the Anacortes American 1754534

1754534

TABLE OF CONTENTS Equity unease.........................P. 4 Millennials need more housing money......................P. 7

INSIDE

Soaring rents driving millennials to seek money from parents, or buy a value-priced home

VISIT RE-WEEKLY.COM TO EASILY SEARCH FOR LOCAL REAL ESTATE LISTINGS!

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4

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EASY TO USE TOOLS & THE MOST UP-TO-DATE INFORMATION FOR FINDING LOCAL REAL ESTATE

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all dwellings advertised are available on an equal opportunity basis.

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BURLINGTON

320 S Burlington Blvd Burlington, WA 98233 (360) 755-9494

Territory NW

W NE

www.SkagitValleyRealEstate.com

E IC PR

W NE

G TIN LIS

OPEN HOUSE SaT, May 26TH 1-3PM $429,900

Dir.: Exit 227 from I-5, go West on WA-538 E/W College Way (3.7 mi), at the traffic circle, take the 1st exit onto WA-9 S (3.8 mi), L onto Walker Valley Rd, 1st house on the right.

1,938 SF w/3 bd & 2 ba. East side of Big Lake. Lg west facing deck. .7 acre corner lot. Wood Flooring thru out. Breakfast bar in Kitchen w/ lots of addl storage. MLS # 1274607

SEDro WoollEY $195,000 Country living on 5+ acres. 1974 manufactured home has been lovingly updated in recent years, including large updated kitchen. Plenty of acreage for your horses or other farm animals. MLS # 1288953

If your searching for a peaceful & private setting, w/ a well built home, then your search could be over. Home has 2 bedrooms, 1.75 baths & over 6/10 of an acre, partially wooded lot. Attached 2 car garage. Newer Heat pump w/ Air conditioning. Short walk to community riverfront park. MLS # 1293863

Call Kirk, 770-7470

Call Debbie, 708-8780

Call tony, 420-0501

W NE

G TIN LIS

W NE

SEDro WoollEY $310,000 Nice 2 story S.W. home. 1677 sf, 3+ BR, 2 ½ Baths. Corner lot w/ greenbelt. Entire interior w/ new paint. Corner gas F.P. in liv.

Rm. 2 car attached gar, alley access. MLS # 1295344 Call Charlie, 708-1415 or Jeannie, 708-9645

Wilma Louia Designated Broker/Owner 661-1631

2

Charlie & Jeannie Boon 708-9645

Lisa Boon Meyer 708-1415

Jim Stransky 708-1681

ConCrEtE

G TIN LIS

W NE

ConCrEtE $369,000 Best private “hideaway”! Lg. shy 3000 sf home on 18 acres.

4 BR, 2.75 baths, Sauna Rm. 2 car attached gar. + shop.

Master on Main floor has 4 closets. Value is in the privacy + views. MLS # 1295318 Call Charlie, 708-1415 or Jeannie, 708-9645

Kirk Campbell 770-7470

Ron Van Pelt 333-1045

Elizabeth Detillion 708-8800

$265,000

G TIN LIS

SEDro WoollEY $499,500 Private home on 40 acres. Buffered w/ DNR property on sides.

1997 Manuf. Home w/ 1620 sf. 3 BR, 2 Baths, Propane FA Heat.

Prev. trails for horse riding. Lots of Potential. MLS # 1296999

Ivana Wood 770-3550

Mount VErnon $279,000 Beautiful condo w/ views. 1401 sf, 2 BR’s + den, 1 ¾ Baths.

All new gorgeous lam. Flooring. Gas Fireplace, granite bar.

2 car attached garage. Dues are $200/mo. No age restrictions.

MLS # 1295373 Call Charlie, 708-1415 or Jeannie, 708-9645

Burlington

Call Charlie, 708-1415 or Jeannie, 708-9645

Mike Welling 540-1341

RE-Weekly.com

Debbie Benjamin 708-8780

Laura Kaestner 441-5099

$649,900

4 + bedrooms, 2.5 baths, 3,290 SF on 1.19 acres. Kitchen w/ SS appliances, Open Floor Plan. 3 Car Garage. Sprinkler System for Large Yard. Lots of windows for natural light. MLS # 1288227

Call Wilma, 661-1631

Tony Zimmermann 420-0501

Jessica Treat 840-3446

Kati Shannon 391-1203

Traci Erickson Property Manager 755-5555

1754491

24064 WAlKEr VAllEY rD., Mount VErnon

MAY 25, 2018

Feature Home From cover:

GOOD NEIGHBORS MAKE GREAT LENDERS

4813 BEAVER POND DRIVE S., MOUNT VERNON S Skagit tradition reality 3780 e. college Way m mount vernon, Wa 360-424-0300 www.skagittraditionrealty.com w

Whether you’re looking to buy your first home or build one from scratch (or anything in between), find the loan options and support you need from a team right here in the community.

Clarissa Wong

Home Loan Officer NMLS 1733236 CALL 360-230-2244

Piero Rodriguez

Home Loan Officer NMLS 1172408 CALL 360-230-2241 Hablo Español

Roger Ragusa

Home Loan Officer NMLS 1731142 CALL 360-230-2248

umpquabank.com Member FDIC Equal Housing Lender

Loan products subject to credit approval. Other terms, conditions, restrictions & fees may apply.

Danya Wolf

360-708-8294

Large 5 bedroom 4 bathroom 4803 sq. ft. home in desirable Eaglemont golf course neighborhood. 2 story + finished MIL suite/daylight basement. 2017 Remodel with new paint & carpet etc. Upstairs Master Bedroom has en suite bathroom & fireplace. Finished basement has 2nd kitchen, fireplace, split bathroom & 2nd laundry room. There is a bonus room on each floor. Office with French doors on main floor.

Vaulted ceilings and fireplace on main floor. Lots of storage inside & 3 car garage. Large deck.

MLS# 1292424

1754985

Sales Manager NMLS 487442 CALL 360-230-2246

Elva HuntEr

360-202-536

BuyEr’s agEnt

Let’s chat!

Susie DeVries

$624,990

HLD18.0119

1754536

360.757.6013 800.869.7084

Brown McMillen Real Estate

w w w. b r o w n m c m i l l e n . c o m • 235 W. Rio Vista Avenue, Burlington

G N I D EN

P ONE LEVEL HOME…nice 2 bedroom and 1 full bath home. Close to schools, parks, and other amenities town has to offer plus attached garage. $249,900 #1295597

BUSINESS OPPORTUNITY…wholesale bakery business for sale. BURLINGTON…two story home with 3 bdrms, 2.5 baths, and a great Includes equipment, supplies, customer list, wonderful recipes, kitchen open to living and dining area. Two car garage, and fenced and 2 days of training! Great opportunity! $28,000 #1280634 backyard. Quiet neighborhood. $349,500 #1272325 S

EN

KE

LA

EV ST

G N I D EN

P Kristen Tuttle Yvonne Brown Galen Kindred Holly Hilts

MAY 25, 2018

708-8392 840-4375 770-7083 661-5538

Jeff Ingman Shelah Inman Jodi Dynes Fritz Inman

202-2859 661-0145 333-7783 661-0147

Tim Reichert Ron Wortham Mary Jo Reitsma Travis Lohman

RE-Weekly.com

391-5587 661-1500 770-6013 661-4533

Tod LeHecka Jan Scally Dale Owenby Dana Holmes

333-1032 421-5160 913-8662 770-6716

1754441

COMMERCIAL PROPERTY…almost 1.5 level acres in great BOW…beautiful and private lightly wooded 5 acres in the WELL MAINTAINED…nice 3 bdrm, 2.5 bath home in LAKE location. Paved street frontage, sidewalks, and water detention beautiful Bow area, not far from freeway or city of Burlington. STEVENS. Numerous upgrades, open concept, large kitchen, Build your dream home! $120,000 #1270927 nice living room, office/den area. Rear fully fenced! $399,500 pond already installed. Make an offer! $437,000 #676549 #1294952

3

Equity Unease

Why homeowners are thinking before tapping equity

T

hanks to appreciating home prices, many homeowners are worth more now than they were a few years ago. And, ten million of them will spend some of their housing wealth through a home equity line of credit (HELOC) by 2023, predicts a J.D. Power report.

But many owners, remembering the foreclosure crisis, will have to convince themselves that it makes sense to take on more homerelated debt, says Craig Martin of J.D. Power.

Their worries, which center on taking on debt that will overburden them, as well as the uncertain cost of a HELOC, are sensible and merit careful consideration, says Terri Munro, a certified financial planner.

With a HELOC, owners are

able to draw funds over a five or ten period, up to a limit, based upon their equity, which is figured by subtracting any outstanding mortgage from the appraised value.

During the draw period, borrowers are usually only required to pay interest charges, says Keith Gumbinger of HSH.com, a mortgage data site. During the next five or ten years, both principal and interest payments kick in for payoff.

Typically pegged on the prime rate, plus a couple of percentage points, the rate charge fluctuates with every movement of prime, says Gumbinger.

Munro recommends running scenarios on what payments could be when prime jumps a couple of

Sandi riley 770-8670

NORTH HOMES REALTY INC. 2725 e. fir street, “park VillaGe”

Amazing Custom Log Home MLS#1292285 • $1,177,000

1 #9 IT UN

$77,900 55 +

open sat. 1-4:00 Call sanDi r. 360-770-8670 *JUST LISTED, TOTALLY UPGRADED INSIDE & OUT, NEWER ROOF, NEWER SIDING *3 BEDROOMS, 2 BATHS (BRAND NEW MASTER BATH) FAMILY RM. W/GAS FPL. *GAS HEAT, A/C, NEW FLOORING, NEW KITCHEN APPLIANCES & MORE!

997 CHestnut loop, “MontreauX”, Mt Vernon

Business Only • MLS#1289674 • $179,999 Fantastic opportunity to purchase a long standing established business with stable revenue and dynamic income streams! Big Lake Grocery offers the entrepreneur a solid base of retail business and an burgeoning food & beverage business complete with commercial kitchen, beer on tap, booths & indoor table seating, huge (expandable) beer garden & take out. Additional sales in espresso, video rental, RV spaces, fishing gear & license. Turn-key operation High growth area w/limited competition. Equip included.

Amazing 4100 Sq ft Custom Log Lodge home on 3.54 acres fenced Equestrian acres with spectacular sunset water views + separate second rental/Guesthouse.

Fantastic location minutes from I-5 yet peaceful country living. Highest quality construction, one level main living w/huge mahogany deck, sunset views from every room. Spacious kitchen w/cement counters & stainless appliances, master with huge bath, walk in tile shower.

2nd floor 2 large beds. Lower level living, 2nd kitchen, living, bed/bath, garage.

1754436

“Fulfilling Northwest Family Dreams” Anacortes Office

1202 Commercial Ave Anacortes, WA 360-588-1515 • adrhomes.net

Like American Dream Real Estate Mount Vernon

4

Mount Vernon Office

2788 E College Way Mount Vernon, WA 360-416-6500 • adrskagit.com

www.adrhomes.net

$534,500 55 +

YOUR HOME FEATURED HERE! Call for a Current “Market appraisal” SANDI RILEY 360-770-8670

514 s. 39tH plaCe, “parkriDGe” Mt. Vernon

$679,000

GE RA GA AR 3-C

Sandi Riley 770-8670 1280 HiGHlanD DriVe, oak HarBor

$258,500

W! VIE

neW priCe! Call sanDi r. 360-770-8670 *NEW PRICE, ....LOVELY BAY, MT. BAKER & SUNSET VIEWS WILL GO VA! *GREAT “STARTER” W/3 BEDROOMS, 1 BATH, HARDWOOD FLRS. UNDER CARPET *NEWER VINYL WINDOWS, VINYL SIDING,HUGE CORNER LOT, CLOSE TO BASE!!

18817 71st. DriVe n.e., arlinGton

$446,900

+ CY+ IVA PR

Call sanDi rileY 360-770-8670

Call MarGie ernst 360-708-3198

Call sanDi rileY 360-770-8670

*LOADED W/ EXPENSIVE, QUALITY UPGRADES, EXPANSIVE OPEN PLAN *HUGE GRANITE KITCHEN W/3 PANTRY CLOSETS, DEN/OFFICE + BONUS ROOM *SPACIOUS MASTER DOWN WITH 2 W/I CLOSETS, 3 BEDROOMS, 3 BA., A/C!!

*ELEGANT “TRADITIONAL CRAFTSMAN” W/DRAMATIC STYLING! *STUNNING 3100+ SQ. FT. LOADED W/QUALITY FEATURES, 4 BEDROOMS, 3 BATHS *SPACIOUS MAIN FLOOR MASTER SUITE, LG. MEDIA ROOM W/SURROUND SOUND & MORE!

*VERY PARK LIKE SMALL ACREAGE SUPER CLOSE IN, VERY PRIVATE SETTING! *3 BEDROOMS (ROOM FOR 4!) 2.5 BATHS, SUN ROOM W/HOT TUB + LARGE DECK *REC ROOM, 2 FIREPLACES, MOTIVATED SELLERS!

9130 e. pressentin DriVe, ConCrete

4341 n. HaMilton DriVe, oak HarBor

802 n. 17tH st., Mount Vernon $328,900

G! TIN LIS NEW

$208,900

$162,500

.!

V.A GO

W NE

G TIN LIS

Call sanDi r. 360-770-8670

Call sanDi r. 360-770-8670

Call sanDi rileY 360-770-8670

*LOVELY 3 BEDROOM, 2 BATH “REDMAN” HOME W/MOSTLY ALL NEW PAINT, INSIDE/OUT *OVERSIZE 1/2+ ACRE SETTING W/CIRCULAR DRIVEWAY, SMALL SHOP &CARPORT * ENJOY RELAXING MUSIC OF PRESSENTIN CREEK WHEN SITTING OUT ON HUGE COVERED DECK!

*LARGE LOT, ROOM FOR SHOP/GARAGE, QUALIFIES FOR SPECIAL VA FINANCING! *3 BEDROOMS, 2 BATHS W/NEW VINYL FLOORING, LOVELY KITCHEN W/EATING BAR *NEARLY NEW FURNACE, EXCELLENT AIRTIGHT STOVE, CALL FOR VA LOAN DETAILS!

*GREAT FENCED YARD, BIG NEW DECK, QUIET DEAD END ST. NEAR HOSPITAL , SCHOOLS & SERVICES *3 BEDROOM, 2.5 BATH “CONTEMPORARY CRAFTSMAN” UPGRADED 2-STORY *GAS HEAT, ATTRACTIVE GAS FIREPLACE IN SPACIOUS FAMILY ROOM, MOVE RIGHT IN CONDITION!

RE-Weekly.com

MAY 25, 2018

1767037

american dream real estate services, inc.

Business & Real Estate MLS#1289670 • $679,999

percentage points, since “we are in a rising rate environment.”

And, “be mindful of the amount of equity left in your home, especially if you will be relying upon that equity for a down payment on your next house,” Munro warns.

Usually, lenders will require that at least ten percent of equity is retained, says Gumbinger. (A $300,000 home with a $200,000 mortgage would have $100,000 in equity, and borrowers could tap $70,000, retaining $30,000.)

One variation of the HELOC, whereby borrowers can convert some of what they’ve borrowed into a loan with a fixed rate, is a good option for owners who worry about how long and at what cost they’ll carry equity debt, Gumbinger says.

www.WindermereSkagit.com www.AnacortesRealEstate.com www.WindermereSedroWoolley.com RESIDENTIAL W

!

NE

W

!

NE

W

Prevedell Road, Lyman

!

Call Becky Elde, 360-770-9427 7410 Guemes Island Road, Anacortes $429,000

4011 O Avenue, Anacortes

$349,900

This nice affordable home features 4 bedrooms, 1 3/4 baths, gas fireplace in cozy living room, dining area right off the newly updated kitchen & backyard for easy flow. Great yard outside including fully fenced yard with raised garden beds & 2 storage sheds. Fabulous location very close to elementary school, town, lakes, Mt. Erie & city forestlands. Recently remodeled by previous owner including new roof. This home is ready & waiting for you.

Call Gina Davis, 360-708-7794 NE

W

#1288326

Charming traditional style home with 1 bedroom plus 2 extra rooms & generously sized kitchen with breakfast nook making space for everyone including fun separate living space in the outbuilding just off back deck. Fantastic location on 15+- acres just minutes distance to ferry.

Beautiful flat pastoral setting with forestlands to the west, ponds and fencing for animals. Live in the house or use as possible ADU and build new.

So serene you will not want to leave! Survey done & corners are marked.

Call Debbie Macy, 360-391-2422 W NE

#1295277

!

4711 Schooner Drive, Anacortes

$565,000

Welcome to San Juan Passage; a coastal community at the gateway for your islandhopping adventures. Walk to nearby ferry landing via community trail. This turn key home is perfect for a primary residence or lock & leave vacation home. Highly upgraded custom hardwood flooring to the commercial grade Jenn Air appliance package, Carrera marble counters, back splash, shower surrounds, main floor master plus bed & bath up for guests, gas f/p, cathedral ceilings bring natural light everywhere!

Call Shawn Danley, 360-488-3858 N

EW

#1288647

!

!

20652 Starbird Road, Mount Vernon

OPEN HOuSE SuN, MAY 27tH, 1-3 16711 Blodgett Road, Mount Vernon $625,000

1805 11th Street, Anacortes

$545,000

Your close to town in this Old Town Anacortes one level living home. Fabulous 352 sqft building that could be an ADU or art Studio which is plumbed, wired, heated, sheet rocked & painted. Master suite boasts, walk in closet, 3/4 bath, double sinks. Home features: 3 bedrooms, 2 baths, quality washer & dryer. two car garage & nicely landscaped yard, cheery kitchen that comes complete with granite counter tops, stainless appliances & door to private patio area for relaxing or BBQing.

Call Kathy Rogers, 360-941-4400 #1274721

Beautiful sunset views from this private estate.

This custom home is very well built with wood scraped hardwood floors, solid wood trim throughout with brick accents, plus the master suite is on the main floor. Upstairs bonus room is extra-large with a 4th bedroom. Home has 4 bdrms but septic is for a 3 bdrm home. The city of Mt. Vernon has given preliminary approval for 3 additional homes to be built on this lot.

Call Becky Elde, 360-770-9427

#1293994

$759,000

Conway, 8 acres, custom 4-bedroom home w/a master on each level, easily wheelchair adaptable, A/C, solid wood doors & trim, birch hardwood floors, outdoor living room w/fireplace, ceiling fan, waterfall feature & projector set up, covered wrap around stamped concrete patio, shop w/full bath & laundry hookups, raised garden beds, fruit trees, sport court, round pen with sand footing, covered shelters, tack shed, riding trails, tree house, security cameras.... the list goes on. Easy freeway access.

Call Jamie Yantis, 360-540-5264

#1294456

Looking for home financing? I’m here to help!

For a free pre-approval, please contact: WA-CL 713524, OR-ML 5271

Amie Mani • 360.428.4626 Download my smartphone app at: amie.mortgagemapp.com

Amie Mani | NMLS ID # 404665 | branch manager/Mortgage Consultant | WMS Series LLC/Skagit Valley

RE-Weekly.com

#1234166

NHN Square Harbor Lane, Anacortes $165,000

Stunning views to area Islands & Anacortes near top of Guemes Mountain. Presently, of the contiguous 10-acre parcel, 8-acres are held in Open Space, leaving 2-acre building site for your dream vacation get-away. (Option to remove 8-acre from Open Space). Skagit Land Trust protected land walking trails near-by.

Guemes Channel is gateway to the San Juan Islands and Canada. Short 8-minute ferry ride from Anacortes.

Call Jeannine Reinig, 360-724-8555

#1287483

3715 W. 10th Street, Anacortes

$289,000

Sunsets! Views of Guemes Channel & the magical San Juan Islands beyond! It’s all about the view....come build your dream home in the desirable Rock Ridge neighborhood of quality homes. A short walk or bike ride to the Anacortes Forestlands to enjoy the trail system & Cranberry Lake. Close to the ferry & Washington Park. Easy access to town for shopping, dining & to enjoy the culture of the Old Town Anacortes downtown. Incredible custom home plan available with compelling floor plan.

Call Leigh Zwicker, 360-333-9975

#1271310

Oyster Shell Lane, Anacortes

$599,000

Pristine Waterfront on Similk Bay. With an impeccable 200+ feet of waterfront and tidelands this is truly an untouched gem. Set your home among the native madrone trees that frame your view of the bay. Step out onto your own private beach, kayak, collect oysters and enjoy the calm serenity of the protected bay. Completed site plan, 2.5 acres, marked corners.

Call Christine Cleland-McGrath, 360-708-0267

Windermere Real Estate/Skagit Valley • 1030 East College Way • Mount Vernon • (360) 424-4901 Windermere Real Estate/Anacortes Properties • 3018 Commercial Ave • Anacortes • (360) 293-8008 Windermere Real Estate/North Cascades • 520 Cook Rd • Sedro-Woolley • (360) 856-4901 MAY 25, 2018

$129,000

Zoned for commercial uses. Easy access and visibility from Hwy 20. This would be a good site for an RV park, laundromat, farmers market, or other retail.

#1292595

1754931

NE

VAcANT LAND

5

NORTH PUGET SOUND ASSOCIATION of REALTORS® 525 East College Way, Suite J

Mount Vernon, WA 98273

Tel. (360) 416-4902

www.npsar.realtor

REALTORS® Go Above and Beyond to Better Communities and Lives Most people are aware that REALTORS® know a lot about the communities in which they live. After all, they’re helping home buyers understand the area; the best schools, the easiest route for a potential buyer to get to work from their new place and where to find the most delicious dinner. However, REALTORS® don’t just sit on the sidelines and observe these things about their communities. Instead, REALTORS® all across the country are involved in just about every aspect of life in those communities, getting involved and making those areas better places to live. The National Association of REALTORS® recently announced the finalists for the Good Neighbor Awards, which honor REALTORS® who have exemplified the spirit of service to their communities. This year’s nominees have done tremendous work like raise money to keep a local fire company running, fund cancer and domestic violence support groups, lead local preservation projects, and build and maintain sporting and play areas for kids. And while only 10 REALTORS® were named finalists, so many more do work like this every day in their communities."

Source: www.Realtor.org .

Mission Statement: The North Puget Sound Association of Realtors advocates for Realtors® and their clients, and promotes the protection of property rights.

Shelley Miner Burlington Escrow Manager/LPO

Diane Mills Anacortes Escrow Manager/LPO

LAND TITLE AND W ESCROW Ltco.com Local Professionals Serving our Community

Karen Ashley Burlington/LPO

Kim Smith Burlington/LPO

Katey Von Hagel Marketing Representative

• 111 E. George Hopper Rd Burlington Title: 360-707-2158 Escrow: 360-707-2312 1-844-878-1519 • 3010 Commercial Ave Anacortes 1-800-870-8571 • 360-299-0565

Trusted Service for over 77 years 1718871

6

RE-Weekly.com

MAY 25, 2018

RE-Weekly.com

CLASSIFIEDS PUBLISHER'S NOTICE

Home For Sale 1316 35th Street, Anacortes

All rental and real estate for sale advertising in this newspaper is subject to the Fair Housing Act which makes it illegal to advertise any preference, limitation or discrimination based on race, color, religion, sex, handicap, familial status or national origin, or an intention, to make any such preference, limitation or discrimination Familial status includes children under the age of 18 living with parents or legal custodians, pregnant women and people securing custody of children under 18. This newspaper will not knowingly accept any advertising for the rental or sale of real estate which is in violation of the law. Our readers are hereby informed that all dwellings advertising in this newspaper are available on an equal opportunity basis. To complain of discrimination call HUD at (206) 220-5170.

Millennials Need More Housing Money Soaring rents driving millennials to seek money from their parents, or buy a value-priced home

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have parents who are able to provide financial support. When primarily higher-income families are able to support their adult children, income inequality is transferred from generation to generation,” the firm points out.

In a separate report from Realtor.com says 23 percent of millennials reported “rising rent as a trigger for their purchase,” based on its spring homebuyer survey. “Fulfilling family needs” was a reason for one in six people in their 20s and T: 2.0625 in S: 1.5625 in younger 30s.

“We found some clear differences in priorities,” says Danielle Hale, chief economist for realtor. com. “For instance, older buyers are concerned with privacy and being able to age comfortably, while Please millennials place more emphasis on stability and O N L Y YOU CAN personal expression,” she says.

P R E V E N T W I L D F I R E S. 3 bdrm/1 ba. house for Toluna Research conducted the Internet survey rent, great area. $1,800/ of more than 1,000 active buyers in early March. mo. incl. s/g, $1,000 dep. 360-399-3129 According to Realtor.com, “Family needs took precedence for younger buyers,” topping the list at 85 of the top 100 metro areas, including nine places 17 percent. Another 14 percent chose stability and in which lease prices skyrocketed by double-digit 13 percent claimed personal expression. Only one F O O Tthan E Cage O N55 E named & B E L D percentages I N G from a year ago. in every seven buyers younger SAN FRANCISCO CLIENT APPROVAL: The survey also showed that millennials favor privacy as chief priority, although it was the top FILE JOB BEAR-PRINT-P0964 P0964_SMOKEY_2.0625X2_V1.INDD NAME # contemporary and colonial homes, each with 10 selection for older buyers.

IMAGE MATT REINHARD NAME None percent share. Just 6 percent are keen on ranch Rising rent is the leading factor pushing buyers NONE NONE homes, which are typically one story. By comparison, ages 18 to 34 to purchase 23 JON STOA NONEa home, named by MICHELLE percent of property hunters. withALLISONranches were the top choice of older buyers. Another None “This corresponds LAU in x 2 the in 11 percent had no home-style preference, according steep increases in rents 2.0625 across country inDANrecent RACHEL THOMAS in x 1.5 in urban areas that to realtor.com. years, especially in many1.5625 high-cost HILARY HAMER Realtor.com is operated by News Corp subsidiary have become magnets forNONE millennials,” realtor.com NONE Helvetica, ITC Franklin Gothic, SignPainter 1:1 Move, Inc.FONTS under a license from the National says. Citing figures from the U.S. DepartmentERIN of RITCH CMYK USED KAI GONZALEZ Association of Realtors.

Housing and Urban Development, rents increased in S: 1.5 in

t was just a few years ago that economists and real estate gurus were forecasting how millennials would upset the residential market apple-cart, renting plush apartments for years and years to maintain their freedom to move and travel while thumbing their noses at the generational staple of buying a home.

Now, lease prices are shooting up and the breadwinners in their twenties and thirties are having second thoughts, or relying on a helping hand.

According to real estate trackers, millennials are in some cases reaching out to family members to pick up the tab or, in a twist, purchasing houses instead of leasing because residences are less expensive.

“Home and rent prices have been rising faster than incomes for decades, leaving many millennials struggling to pay rent and save for a down payment,” according to Apartment List online marketplace. The company found “one way that millennials afford high housing costs — with help from mom and dad.”

Examining survey results, Apartment List concluded that 7.9 percent of millennials who aren’t students received assistance from parents for monthly rent payments. One in three have the full bill paid. Meanwhile, 17.1 percent expect down payment support, with one in three looking for their parents to bankroll at least 30 percent.

Over the past 18 years, home prices have jumped 2.4 times faster than household income for people younger than 35, the company discovered.

“In a housing market where home and rent prices have risen much faster than incomes, it’s no surprise millennials turn to family for help,” Apartment List says. “But only some millennials

2003 One Level Living Home FSBO. 3/bdrms., 2 bath, living room/dining area, office, hardwood floors, carpet, ceramic tile. Vaulted Ceiling/Skylights, fenced yard, pond/ landscaping.

2 car garage, paved/RV parking. $498,000.00.

360-661-3155 360-391-6223

LAST REVISION

ANITA IRWIN

8/9/06 11:07 AM

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19889 CEDaRDalE RD., moUNt VERNoN

$1,200,000 1407 alpiNE ViEW plaCE moUNt VERNoN, Wa 98274 $425,000 Beautiful one level 3 bedroom 2 baths Golf Villa 35.5 acre equestrian farm; 18,096 sq.ft. arena with rubber EAGLEMONT in beautiful Eaglemont. Ready for maintenance mulch material; fourteen horse stalls (one is a double); horse shower; people shower; twelve horse “casitas� (mini-shelters) in separated pastures with watering system; farmhouse with 2 bedrooms, 1 3/4 baths; celebration hall; separate Country Store residence with 3 bedrooms, 2 1/2 baths; another barn with hay storage. One acre is platted as a separate building site for an additional residence (SE corner) w/ Danya Wolf PUD water run to prop; great visibility to I-5.

360-708-8294

BEAUTIFUL EqUESTRIAN PROPERTY

1618 UNiSoN plaCE, moUNt VERNoN, Wa 98274 $899,000 Classic large home on the 12th Fairway Golf Course, EAGLEMONT in beautiful Eaglemont. 3 stories with plenty of room. New carpeting and all new stainless steel appliances & granite counter. Gracious entertaining with living room, formal dining & kitchen w/great room & atrium. Curved staircase to Lg Master & walk-in Closet & 5 piece bath & 4 bedrooms, 2 bath. Downstairs with spacious family room, wet bar, pool table, sauna, 2 bedroom & 2 bath, fireplace, ready for your guest, 3 car garage & tile roof!

Elva Hunter 360-202-3086 MLS# 1234575

5234 BERCot RD., FREElaND

$274,900

Water View Home! Enjoy the peaceful view of Holmes Harbor from your spacious deck. Surprisingly comfortable layout in this 2 bedroom/2 full bath manufactured home on a gently sloped shy acre.

MLS# 1262667

Suzanne Jenkins

360-941-2983

17038 paRK aVE., moUNt VERNoN

$333,000

23322 NatURE ViEW DR SEDRo WoollEY, Wa 98284 $229,000

Very secluded manufactured home on 5.4 acres.

Potential view. Ready to move in now, build your dream later. Home offers brand new range and dish washer.

Has 4 bdrm septic, newer comp roof, recently painted interior. Wildlife abounds, nearby fishing in Samish river. Possible owner contract with large down payment.

Seller isWA State licensed Realtor.This property is two Suzanne Jenkins 360-941-2983 tax parcels: P50788 & P126896. MLS# 1289459

23786 Kamloop Ct., moUNt VERNoN

Large lot in Nookachamp Hills Community. Beautiful country setting overlooks a private lake for you to enjoy. Less than 10 minute drive to the city of Mount Vernon.

All utilities are stubbed to the lot.

MLS# 1059504

$150,000

Yolanda Sakuma 360-421-0435

lot 18 tRilliUm laNE, CoNCREtE

$29,900

Beautiful park-like setting with two ponds - Koi and Goldfish - and a waterfall! Pride of ownership 3 bed/2 full bath split bedroom plan home. Spacious master with walk-in closet and 4 piece ensuite with soaking tub. Kitchen offers island and glass front cabinets. Fully fenced yard, large shop with access from drive thru garage. Living room with vaulted ceiling. Front and back decks including covered front deck.

Danya Wolf

360-708-8294

Lovely future building site requisite on using water catchment system to obtain building permit. Power to the property.

Nicely treed level tract of land with open area ready for building in the future. Paved street. Walking distance to Rasar State Danya Wolf Dayna Telidetzki 360-708-8452 Park! MLS# 1254912 360-708-8294

G N I D EN

P

INCREDIBLE 13TH FAIRWAY LOCATION

free lifestyle living overlooking the 13th Fairway with awesome Golf Course views! Enjoy formal & informal living, w/ dining room, gas fireplace in den. Kitchen eating bar & Island and quartz counter tops, stainless steel appliances, gas stove. Custom blinds throughout. Sliding door to large patio to enjoy the views! Clubhouse with spectacular View Restaurant & 18 hole Golf Course, R.V. Elva Hunter 360-202-3086 Parking. MLS# 1292075

1633 GRaND aVENUE, moUNt VERNoN

$365,000

Spacious rambler in 55+ community of Big Fir. Two bedrooms and 1 3/4 baths with vaulted ceiling and custom natural gas fireplace. Kitchen features maple cabinets, stainless steel appliances and granite countertops.

Large laundry room with utility sink.

Attached double garage.

MLS# 1285079

BIG FIR

Danya Wolf

360-708-8294

1403 alpiNE ViEW DRiVE, moUNt VERNoN $695,000 The one you have been waiting for in Beautiful EAGLEMONT Eaglemont Golf Course Community. Pride and

SPECTACULAR SETTING ON THE 12TH FAIRWAY

workmanship in this immaculate 3,3358 sq.ft., 4 bed, 3 bath & 2 half. Tile & hardwood fl, white shutters & blinds throughout. Great room w/soaring book shelf & gas fireplace, wet bar w/fridge & sink. Lg dining, spacing master w/ ensuite Jacuzzi tub, large walk-in shower, closet w/built-ins.

C o v e r e d entertaining patio, & 3 car garage.

MLS# 11805462 Elva Hunter John Hunter

360-202-3086 360-202-3854

xxx DaiSY laNE, laKE SixtEEN, moUNt VERNoN

$925,000

One of a kind lakefront property in the Pacific Northwest with approximately 1,500 feet of water frontage on a pristine trout fishing lake.

Private wooded setting located on a dead end road. 2 miles to I-5. One hour to either Seattle, WA or Vancouver, BC. Permit for 10 bedroom water catchment system on file with county.

PUD possible in the future as more development occurs. MLS# 1105664

Danya Wolf

Carla Fischer Yolanda Sakuma

360-708-8294 360-982-0010 360-421-0435

3780 E. College Way, Mount Vernon

360.424.0300

www.skagittraditionrealty.com 1754498

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MAY 25, 2018