RE-Weekly 11/11/2016

RE-Weekly.com .com REAL REALESTATE ESTATEIN INSKAGIT, SKAGIT,ISLAND ISLANDAND ANDWHATCOM WHATCOMCOUNTIES COUNTIES

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This This Issue Issue This Issue

FOR WHAT IT’S WORTH P. 4

Q & A: Ask Our Broker P. 8

MORE WOMEN AND FIRSTTIMERS BUYING HOMES FEATURE HOME: HOME: FEATURE

SEE SEE PAGE PAGE 3 FOR 3 FOR MORE MORE

517 S. Coho 38th PLACE, MOUNt VERNON $439,000 17186 Court, Mount Vernon $425,000 WiNdERMERE REAL EStAtE/SkAgit VALLEy Jamie Yantis/ Windermere/Skagit Valley (360) 540-5264 360-708-5817 & 360-708-0634 MEgAN O’BRyAN & SPENCER ROOzEN

RealEstate RealEstateweekly weekly

AAsupplement supplementtotothe theSkagit SkagitValley Valleyherald heraldand andthe theAnacortes AnacortesAmerican American

P. 9

Classifieds P. 10 -11

NOVEMVER 11 – 17, 2016

1474289 1536159

Open House Sat., July 23rd & Sun., July 24th, 1-3 PM

Re-Weekly content sponsored by: Northwest Fine Furnishings

TABLE OF CONTENTS

More women and first-timers buying homes.......................................... P. 9 Classifieds.........................................P. 10-11

RE-Weekly.com

2025 Riverside Drive, Suite D Mount Vernon, WA 98273 (360) 755-9596 D CE DU E R

Sedro-Woolley

$210,000 Sedro-Woolley

$244,900

Quaint bungalow looking for new owner! 3 BR, 1.5 BA, 1256 SF. Detached garage & great shop. Large lot in town.

Close to schools & shopping. MLS #1048687

Great opportunity for a fully solar 3 BR, 2 BA home!

Wonderful custom home w/great room concept. Private master suite separate from other bedrooms. Beautiful views of golf course. Huge fenced yard. MLS #815975

Call Corinne, 202-2397

Call Elizabeth, 708-8800

Burlington

$257,000

Classic 1900’s Craftsman home. Completely renovated w/early century amenities intact. 2200 SF, 6 BR, 1.75 BA. Country kitchen w/eating nook. Master bed on main floor w/walk in closet & full bath.

Full basement w/garage door access. Loads of storage throughout.

MLS #977654

Call Ron, 333-1045

ED UC D RE

Mount Vernon

$369,900 La Conner

Well maintained custom built home on just over ¼ acre in desirable Conway area. Home has 2,257 SF of living area. 3 large BR, 2.5 BA, and den/office. Master bedroom is on main level. Free standing wood stove. 32’ x 34’ fully insulated shop/garage. MLS #972381

Call Jim, 708-1681

Wilma Louia Designated Broker/Owner 661-1631

2

Charlie & Jeannie Boon 708-9645

Jim Stransky 708-1681

$449,900 Mount Vernon

First time on market in over 118 years! Wonderful views.

Parlor & formal dining room w/coved ceiling. Gourmet kitchen w/custom Hertco cabinets. Vertical grain fir floors.

Douglas fir siding. MLS #1002150

Call Elizabeth, 708-8800

Kirk Campbell 770-7470

Ron Van Pelt 333-1045

publication.

Unless otherwise noted, all photographs, artwork and ad designs printed are the sole property of Skagit Publishing and may not be duplicated or reprinted without express written permission.

Skagit Publishing is not responsible for typographical or production errors or the accuracy of information provided by advertisers.

MOUNT VERNON

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

G TIN LIS

all dwellings advertised are available on an equal opportunity basis.

For further information call HUD Toll Free at 1-800-669-9777.

All Houses subject to prior changes without notice. Neither advertisers nor Skagit Publishing are responsible for any errors in the ad copy.

Skagit Publishing reserves the right to refuse any advertising, which we deem unsuitable for our

$450,000

Wonderful custom home in Conway. Open floor plan w/kitchen & dining area adjoining lg. living room. Beautiful granite counters in kitchen w/lots of cabinets & walk-in pantry. 2 master suites both w/walk-in closets and Jacuzzi tubs. Private location – approx. 5.1 acres & 2552 SF home. Oversized 2 car garage w/shop area. 3 Trex decks. MLS #980196

www.SkagitValleyRealEstate.com

Are you interested in Real Estate?

Classes available now!

One on one training and learn at your own pace!

Call today! 360-755-9494

Call Ivana, 770-3550

Elizabeth Detillion 708-8800

Ivana Wood 770-3550

Mike Welling 540-1341

Debbie Benjamin 708-8780

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Corinne Cartwright 202-2397

Maggie deSouza 610-8413

Jennifer Baker 220-1526

Willa Gilquist 253-318-6131

Luara Kaestner 441-5099

Traci Erickson Property Manager 755-5555

1536214

1535484

To advertise in RE-Weekly or other Skagit Publishing publications, Call: 360.416.2180 or Email: ads@skagitads.com ©2016 by Skagit Publishing LLC | All rights reserved.

All real estate advertised in Real Estate Weekly is subject to the Federal Fair Housing Act, which makes it illegal to advertise “any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation or discrimination.” We will not knowingly accept any advertising which is in violation of the law. All persons are hereby informed that

BURLINGTON

W NE

4

Q & A: Ask our Broker.............................. P. 8

SKAGIT PUBLISHING

Territory NW T

PAGE

For what it’s worth.................................. P. 4

Bedroom sets, entry counsels, benches, cheval mirrors, table lamps, corner cabinets, dining sets, book cases, wood file cabinets and decorative prints.

Mon - Sat 9:30-5:30, Sun 11-4 (360) 424-8455 www.nwff.com 919 Riverside Drive, Mount Vernon

INSIDE

November 11, 2016

Feature Home From cover:

GOOD NEIGHBORS MAKE GREAT LENDERS

517 S 38th PLACE, MOUNt VERNON Windermere real estate/Skagit 1030 e. college Way mount vernon, Wa 360.424.4901 www.WindermereSkagit.com

Umpqua’s loan officers are local experts equipped with an array of options for your purchase, refinance or new construction. Plus, we’ll stick with you every step of the way—because that’s what good neighbors do.

Contact your friendly Skagit Valley area loan officer today!

Susie DeVries

Travis Brewer

Piero Rodriguez

Home Lending Sales Manager NMLS 487442 CALL 360-230-2246 UmpquaBank.com/SDeVries

Home Loan Officer NMLS 55324 CALL 360-230-2248 UmpquaBank.com/TBrewer

Home Loan Officer NMLS 1172408 CALL 360-230-2241 UmpquaBnak.com/PRodriguez

Loan products subject to credit approval.

Member FDIC Equal Housing Lender

$439,000

Megan O’Bryan 360-708-5817

Beautifully updated Summer Ridge home with 4 bedrooms plus office. Hardwoods throughout main floor. Open concept kitchen with slab granite counters, opens to sunny informal dining area & living room with stacked stone fireplace. Formal dining room. Office off entry. Master bedroom with brand new tile/ granite 5 piece bath. Finished basement has family/rec room, .5 bath, opens to patio & fenced yard. Attached garage. All new paint, flooring, & fixtures.

MLS #1037585

NMLS #401867

HLD16Q4.1125

1536161

360.757.6013 800.869.7084

OPEN HOUSE • SAT. 11/12 • 11-2

OPEN HOUSE • SAT. 11/12 • Noon-3

1284 Wedgewood Dr., Burlington • Hosted by Dale Owenby

604 Gardner Road - Hosted by Jeff Ingman

OUTSTANDING CLEAR LAKE HOME... Come look, nearly

home in Sedro Woolley. 3 Bdrm, 2.5 Baths (incl mst Ba) & workable floor plan. Dble garage, priced to sell. $198,000. #1040879

4,000. SF home, interior recently refinished. Incredible views, 2 bay shop.

Detached garage, big yard, mature landscaping. $589,500. #1039790

SKAGIT GOLF & COUNTRY CLUB... One level home on CAPE COD STYLE... 4 BR home with den in Burlington. Huge the 6th fairway! Quality Construction, open floor plan, kitchen w/loads fully fenced 33,515 SF lot with 2 septic systems, so has potential for of storage, new tinted windows & roof, newer applilances & exterior 2nd Accessory Dwelling Unit. This is a beautiful home! $319,900. #1040290 paint. Two spacious bdrms & 3 bathrooms. $349,500. #1024702

BURLINGTON RAMBLER… Freshly painted 1090 SF 3 BR, 1 3/4 BA home. All appliances, including hot tub. Nice size lot, private backyard w/shed & patio. $234,900. #1039236

ALL THE WHISTLES & BELLS! Extraordinary craftsman

GORGEOUS CUSTOM HOME… 3200 SF home on 2.9 acres just outside of MV city limits. 3 bed, 4 bath, & 2nd kitchen on lower level. $549,000. #1013117

BURLINGTON IN TOWN LOT... Bring builder, lot complete

GOOD PLACE TO BUILD... Or place a MFG home.

20 acres w/water share included. Located just 4 miles from Sedro Woolley. $89,500. #891041

MEDIUM BANK WATERFRONT... On Cypress Isl., over

w/engineering & 1800 SF plan approved. Convenient to town, schools & I-5. $55,000. #921324

ATTENTION BUILDERS... We have 22 lots available with all utilities stubbed to each lot. Beautiful setting near Big Lake, priced from $84,000-$145,000. #746424 thru #746695

CHUCKANUT HOME... On 4+ acres… 1 bedroom,

home on 5 acres in Conway. 2 family rooms on main level & upper floor & master suites. Heated pool. Huge barn & much more. $860,000. #978235

BOW EQUESTRIAN PROPERTY... 4.8 Ac w/ 4 Br. 2 Ba.

home w/outstanding views of Mt. Baker & much more. $395,000. #1035233

ZONED INDUSTRIAL… Older 4 bdrm home located on

1.41 acres. Good business location. $249,500. #1030907

INVESTMENT PROPERTY… Zoning will allow many 2 bathroom rambler with cedar trees in a much desired area! uses-business or multi-family… Ok starter home, 3 bdrm large lot. $139,000. #956501 $409,900. #946376 EvEning PhonE Calls WElComE Kristen Tuttle 708-8392 Jeff Ingman 202-2859

300 feet of w/front. Log cabin w/loft & wood cook stove. Level & all useable, most of Cypress owned by DNR, very private. $299,000. #1046623

BREATHTAKING VIEW… 2800 SF 4 bedroom home on 4 acres. Great mountain view, & has 2 large shops. $545,000. #1022437

HISTORIC

LACONNER CHARMER... Remodeled 3 Bdrm., 1.75 Baths, + den. Character, built-in & close to restaurants/shops! REDUCED... $277,500. #1012649 Tim Reichert

391-5587

Yvonne Brown

840-4375

Shelah Inman

661-0145

Ron Wortham

661-1500

Galen Kindred

770-7083

Jodi Dynes

333-7783

Mary Jo Reitsma

770-6013

Holly Hilts

661-5538

Fritz Inman

661-0147

Travis Lohman

661-4533

November 11, 2016

SAMISH ISLAND... Private 1 ac setting w/spacious home & 2100 SF shop. 1 1/2 story w/wrap around porch, newer kitchen w/tile floor, lots of natural light, great views. $549,000. #891540

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GRAND HOME… 3 bdrm, 1.5 bath home w/wood insert.

Extra finished rm inlcudes heat, skylights, raspberry bushes, & more! $242,000. #1047958 Terri Heyntsen Tod LeHecka Jan Scally David Parsons Dale Owenby

391-0938 333-1032 421-5160 391-4008 913-8662

1536633

AFFORDABLE HOME... Contemporary 10 yr old two story

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

3

For What It’s Worth

Incomes are accelerating faster than home values — how buyers and sellers are affected

W

hat happens when wages grow quicker than what homes are worth? Good things for the real estate market, say the experts.

A recent report by Zillow indicates that earnings are now outpacing home values for the first time in five years: consider that, in 2015, incomes grew 5.3 percent and 5.4 percent for family and non-family households, respectively, versus a 5 percent annual growth rate for home values observed since the beginning of 2016.

“Strong income growth is undoubtedly a good thing for the housing market,” says Svenja Gudell, Seattlebased Zillow’s chief economist. “In prior years, home values were accelerating much more quickly than incomes, creating affordability concerns and a number of fast-moving markets, particularly among renters. The share of income needed to afford a home in these markets was growing as housing costs rose and incomes didn’t keep up – meaning there was less money to save or spend on other necessities.

It’s critical that income growth catch 4

up to home value growth to maintain equilibrium and keep housing affordable to a majority of Americans.”

Judy Mitchell, agent with William Pitt Sotheby’s International Realty in Southport, Conn., says incomes are increasing for a variety of reasons.

“Consumer confidence is growing, which, in turn, results in incremental growth across a variety of industries, translating to lower unemployment and more overtime pay,” says Mitchell.

“Also, many millennials who could not get jobs after completing undergraduate education from 2009 to 2011 – after the housing bubble burst – decided to go to graduate school and ultimately land jobs that pay more.”

Elizabeth Norton, Mid-Atlantic managing research director for Washington, D.C.-based real estate firm Transwestern, agrees that rising income is positive news, as it could assist previously sidelined consumers in the home buying process.

“However, the median income adjusted for inflation remains 1.6 percent below the peak in 2007, before the recession hit,” says Norton. “Incomes

still need to play catch-up before housing remains an option for many Americans, particularly those in lowerincome brackets and pricey markets.”

In addition, continued low housing supply and high buyer demand complicates the real estate climate.

“Being able to afford a house is one thing – finding a suitable home to buy is another,” says Chris Ling, head of home buying and mortgages at NerdWallet in San Francisco. “There are still home inventory pressures that will likely take three to four years to stabilize. It’s going to take homebuilders that much time to get back to a normal pace of construction to meet growing demand.”

In the meantime, buyers, sellers and homeowners should pay close attention to market indicators.

“While the economy is bouncing back and people are making more money, home values are not improving precipitously, which impacts sellers when pricing their homes,” Mitchell says. “List prices need to be fairly close to the value at which a home will actually sell or you run the risk

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of chasing the market downward with price reductions. And buyers are reluctant to make low offers on overpriced homes because they fear overpaying.”

Gudell predicts positive outcomes for buyers and sellers in the wake of the Zillow report. “Critically, the share of income needed to afford a typical mortgage or rent payment will likely stabilize or could fall as income growth rises in tandem with housing costs, keeping housing relatively affordable. Additionally, more money in consumers’ pockets – thanks to bigger paychecks – may spur more people to consider moving into a larger home or help current renters save up enough money to make a down payment and buy a home.”

Consequently, home sellers should continue to see strong demand from would-be buyers, “although buyers should also expect to keep seeing fierce competition from their peers for those homes available to buy or rent, as inventory remains tight,” adds Gudell.

November 11, 2016

New Construction Single Level Homes for Those 55+

american dream real estate services, inc.

Luxury on Campbell Lake

Day Creek Community

#1036255 • $320,000

#1009604 • $2,600

Experience the NW lifestyle in luxury on Campbell Lake in the San Juan Islands. In heart of Fidalgo Island, this property offers features that surpass expectations with outstanding quality. The 9 ac. estate provides waterfront lake access, helicopter pad, sports facility, fishing pond, vault, & enough space for a car collector. Additional 2 bed 2 bath luxury home on property. Enjoy sweeping hilltop views.

Well situated 9.6 acres property at the end of Potts Rd in the Day Creek Community. Expansive mtn views and trails. There is a 3700 sq ft steel framed barn with 3 role up doors, lg sliding door & bumped out storage. Additional out bldgs include a tack/office/car ports, garage wired for 220V & 2 loafing sheds. The home is a diamond in the ruff with potential. Property is being sold as is!

3400 Sqft of Prime Retail Space on College Way located in a busy multi tenant complex right on the corner of College Way & Parker Way. High visibility. Walking distance to the College, Terrific signage. This space is composed of 2600 sqft of ground floor Office/Retail open retail space with high ceilings large counter/service area that offers a multitude of uses and and ready to configure to fit as well as a 900 sqft 2nd floor office/conference/banquet/storage room & private bath.Ample parking.

Desirable Conway Area #816320 • $895,000

Contact Rita: (360) 488-3727 or Rita@LandedGentry.com or Jayci: (360) 941-8130 or Jayci@LandedGentry.com Sales office is open Wed-Sun, 12:00-5:00. Directions: I-5 to Mount Vernon; Exit 225, East on Anderson Road to 4 way stop. Proceed straight on LaVenture to E Division St; Right on E Division St to South 48th St

877.769.8070 LandedGentry.com

Attention to detail on one of a kind estate. Quality 4300+ SF home w/countless amenities on shy 6 1/2 acres in desirable Conway area!

Chef’s kitchen w/granite, custom cabinets, hi-end stainless appliances.

Formal dining w/tray ceiling & office. Covered wrap-around deck, Incredible master suite w/spa-like bath.Upstairs w/HUGE family rm,guest suite, library/storage rm, kitchenette, private sundeck, w/d hkups. Quaint 2BR/1BAguestcottage.Barnw/hayloft,tackrm,heat,pwr.EasyI-5access

#1045948 • $61,000

Nice Large Lot

Marblemount 5 Acres #1027132 • $150,000

Fannie Homepath 2 bedroom 1 bath home on a nice large lot right in the town of Concrete. Home features huge upstairs bonus room,large lot and nice detached shed for storage. A little TLC would make this a fantastic property!

5 level acres with outbuildings in Marblemount.

1774 sqft 2006 Triple wide in need of extensive repairs. Property is sold as is, where is, price is firm, seller can do no repairs or give and concessions.

Cash or rehab loan only.

“Fulfilling Northwest Family Dreams” 1536169

• Starting in the high $200’s • Single level detached homes • Maintained yards • 3 beds / 2 bath designs • Granite slab countertops • Several different floor plans • Many energy efficient features

Prime Retail Space

#1020711 • $3,277,000

Anacortes Office

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

Mount Vernon Office

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

Like American Dream Real Estate Mount Vernon

www.adrhomes.net

Let the Lloyd Team find the right

home loan for you.

Brett Lloyd

Loan Officer | NMLS# 493147

Carolyn Lloyd-Whitney

VP, Loan Officer | NMLS# 487364 VP

APPLY ONLINE TODAY

peoplesbank-wa.com/brett peoplesbank-wa.com/carolyn November 11, 2016

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5

www.WindermereSkagit.com RESIDENTIAL

$499,999 $349,900 707 Lilac Dr, MV Stately Hilltop home with beautiful views.

3,171 SF home on large .32 acre corner lot. features territorial & golf course views & large This truly cared for home offers great living 3 car garage with storage area. Huge deck area. space indoors & out. Large living area is open to private deck. Beautiful stainless appliances, Spacious rooms, including open concept hardwood flooring, large master suite on main gracious dining. Bright kitchen with gas stove. kitchen/breakfast nook/great room with wall level. This view condo has 1,890 SF on main & Supersized master with 4pc bath. 2 guest beds of view windows. Formal dining room, living upper levels - large unfinished lower level waiting room w/gas fireplace & vaulted ceiling. Office. plus office/den! Back yard entertainment deck.

23739 Lake Drive, Clear Lake $185,000 for a custom build out - all electrical & plumbing Sweeping staircase leads to 3 large bedrooms Plenty of room for your RV & all the toys!

Nice, large fully fenced lot in the heart of Clear in place for large rec room & 2 additional beds. upstairs.

Call Elizabeth Miller, 420-3607 or Lake with a nice shop & spacious home. Home Call Jim Glackin, 428-2828 MLS# 1039782 Call Megan O’Bryan, 708-5817 or has an open floor plan with a family room, formal Travis Miller, 420-7291 MLS# 974326 Spencer Roozen, 708-0634 MLS# 1030882 living room plus a sun room with large windows.

18126 Mariposa Lane, MV $425,000 Within walking distance to Clear Lake School.

4403 Oakes Ave, Ana $649,900 Secluded country living close to town in MLS# 1018929 Call Becky Elde, 770-9427 Views of the Sound, ferry & boat traffic from all the desirable Big Lake community. Lovingly living areas! Larger lot with room for RV or boat. ! maintained Lindal style cedar home. Near W This is an older house that has been completely NE Overlook golf course & the Big Lake boat launch. transformed - all is new, of very high quality.

Features include a detached garage with possible Gas fireplace, granite counters, stainless MIL on 2nd story. Master bathroom remodel last appliances, real hardwood flooring, master w/ large walk-in closet, Kohler fixtures, gas stubbed year. Custom kitchen with Corian countertops.

OPEN HOUSE Sunday Nov, 13th 12-3 to decks for bbq, rounded corners, cathedral Expansive tongue & groove vaulted ceilings. ceilings.

924 Alderwood Lane, SW $319,500 RV parking, sports court.

522 N. 15th Street, MV $234,900 Call Jim Glackin, 428-2828 MLS# 1032294 Call Nathan Loeb, 333-7197 MLS# 1025546 Rare mid-century modern! This custom home on Spacious 4 bedroom home with an open floor plan offering vaulted ceilings, designer kitchen the hill has unique style with modern updates.

16708 Britt Rd, MV $1,100,000 This 2 bed, 1 bath opens up to a large living area with a 9’ Island, walk in pantry, dining & access 925 W. Pearle Jensen Way, La Conner $448,900 Boxwood Farm is that rare combination of & adjacent kitchen. New floor to ceiling windows to a private covered patio for entertaining.

Waterfront home right on the Swinomish stately home & small acreage farm. Privately fill the area with natural light. The 2 large situated on fertile Skagit farmland, w/options Family room with .5 bath, separate laundry room. Channel near the La Conner Marina. Enjoy bedrooms feature original built-ins throughout. for agricultural &/or equestrian pursuits. peaceful, stunning views of the channel with Invisible fencing installed, wired for hot tub.

Excellent commuter location as well. Within a Horse-ready w/paddock, fencing, loafing shed, deep water boat traffic & gorgeous view of Over 2,260 SF, 2 car garage & RV parking. half mile of schools & the hospital! great barn. 240 SF greenhouse. The lovely, MLS# 1043095 Mt. Baker. Modest home but a good base for a Call Linda Eastman, 202-4075 Call Elizabeth Miller, 420-3607 or fully-updated Williamsburg Colonial is warm, remodel.

MLS# 1048011 Travis Miller, 420-7291 welcoming & centers on a gourmet kitchen & Call Shelly Hanson, 420-2565 MLS# 1015688 sunny great room. A gracious home, designed 405 S. 9th Street, MV $320,000 17859 Dunbar Rd, MV $275,000 for both comfortable daily living & expansive Great Mid Century Modern home, on nearly Beautiful Rambler features spacious living room/ 17721 Tiffany Way. MV $499,500 entertaining options.

1 acre. Originally built in 1920 & renovated in dining room combo, restored hardwood flooring, Call Megan O’Bryan, 708-5817 MLS# 924351 Custom built home on 1.5 acres. Lovely 4 bed, 1965 by famed architect Henry Klien. Large updated kitchen with stainless steel appliances, 3 bath home boasts formal living room with family room, formal dining, 2 large beds, den wood stove. This rambler also has a finished valley view, formal dining room, kitchen & basement with large bonus/family room, den/ 2 fireplaces, 2 baths. The retro kitchen maintains family room surrounded with windows looking office, & huge storage room with garage door. its charm with copper tile backsplash & vintage out over the 1,000 SF deck, new carpet, master Looking for hom Off of the master is a large deck. The property details. Large deck, slate patio, loads of privacy, & suite with valley view, jetted tub, double vanity & For a free p is fully fenced great for pets, has a shop.

2 car carport. SkagitValleyHomes.com.

Amie French doors leading to a deck. Oversized 2 car SkagitValleyHomes.com.

WA-CL 713524, Download my smartph Bill & Jannette Krieger 421-4446/ OR-ML 5271 garage.

Bill & Jannette Krieger 421-4446/ Amie Mani | NMLS ID # 404665 | branch manager/M MLS# 1027356 Shawn & Tiffany Danley 360-298-4857 MLS# 1004393 Call Sarah Minton, 770-3076 MLS# 955145 Shawn & Tiffany Danley 360-298-4857 W NE

7325 279th St NE, Arlington

!

$295,000 1600 Alpine Crest Loop, MV

Serene acreage in a great commuter location.

Beautifully finished Eaglemont cond. End unit

Windermere Real Estate/Skagit Valley • 1030 East College Way • Mount Vernon • (360) 424-4901 • 1-800-849-7939

April Axthelm Balisa Koetje Becky Elde Bette Thompson Bill Krieger Brett Johnson Cory Keihn

6

360-661-4947 360-421-4111 360-770-9427 360-840-5109 360-421-4446 360-661-3825 360-441-1760

Dave Patterson David Mani Dawn Hardman Deborah McNeal Dick Nord Don Neill Donna Rowell

360-708-5030 425-319-7091 360-540-0058 360-707-8073 360-661-6529 360-420-4444 360-708-7984

Elizabeth Miller 360-420-3607 George Bellos 360-708-9762 Geri Cole 360-391-1614 Harry Ota 360-708-3500 Hollie Del Vecchio 360-525-5538 Jake Koetje 360-466-8045 Jamie Yantis 360-540-5264

Jannette Krieger Jim Glackin Jim Koetje Karen Beckner Karen Peirolo Karine Anderson Leah Hines

RE-Weekly.com

360-708-0233 360-428-2828 360-202-2500 360-840-9455 360-348-0480 360-421-1189 360-428-3012

Linda Eastman Megan O’Bryan Nathan Loeb Rita Ingram Sarah Minton Shawn Danley Shelby Hagman

360-202-4075 360-708-5817 360-333-7197 360-708-8338 360-770-3076 360-488-3858 360-982-0163

Shelly Hanson Sherry Johansen Spencer Roozen Tahlia Honea Tasha Zahlis Tiffany Danley Travis Miller Warren Bingham

360-420-2565 360-708-3636 360-708-0634 360-333-5815 360-391-5075 360-298-4857 360-420-7291 360-770-2421

November 11, 2016

www.AnacortesRealEstate.com RESIDENTIAL 695 Arrowhead Rd, Camano Island $885,000 Immaculate 20 acre farm. Two custom homes, each with 2 bdrms and baths. Upscale finishes throughout.

Detached shop and barn on the highly coveted north end of Camano Island an hour North of Seattle.

Homes are sited to provide privacy and convenient access between. Perfect for a multitude of uses including but not limited to: guest home, rental income or...Zoned Rural Ag. 14 acres in hay for added income. Separate service to homes, shop and pump house. Build a lifetime of memories in paradise.

MLS# 1002560 3613 W 4th St, Anacortes $389,000 Paul Weisz 360.391.7281 Lovely one level home in great neighborhood 14004 Biz Point Ln, Anacortes $1,275,000 features a formal living room with gas fireplace, a formal dining room and large open concept family You know this is a special place just coming down the room off the kitchen. Well built and situated close driveway. Impressive Biz Point home offering 3 bds, to town on a level lot with a private fenced yard and 3 bth w/sep living area above 3 car garage including mature landscaping. Nice patio off kitchen/family 2nd kitchen. Vaulted ceilings, dramatic architecture room for entertaining. Separate laundry room. with lots of windows to enjoy the stunning sunset Debbie Macy 360.391.2422 MLS# 1048299 views of Burrows Bay, San Juan Islands & Rosario Straits from living area or deck. 2,772 SF of living space & Del Mar amenities including private beach !

W access & mooring buoy. Lovely landscape for privacy NE at this unique waterfront home.

Debbie Macy 360.391.2422 MLS# 978631

12920 Sunset Ln, Anacortes $800,000 Perched above Burrows Bay with soaring views of sunsets and eagles. This newer home features high end interior finishes with spaces oriented to bring the outdoors inside. Main level living boasts a chef’s kitchen, a stone wood burning fireplace and generous master suite, walk-in closet and laundry.

The upper level: the office, guest room and full bath.

There is storage galore in the lower level rooms.

Right off your master suite, enjoy time in the hot tub with the greatest view on the Island!!

Kristi Gabrielse 360.420.3119 MLS# 946349

19817 Apostolic Wy, Burlington $275,000 19817 (P62339) is approx. 58,000 SF & has 2004 mobile home on it. 19815 (P62336) is approx. 16,600 SF & includes an approx. 1,860 SF building used as a church & older mobile which could be used as a classroom. County issued two lot certs. Each parcel 3829 Copper Pond, Anacortes $395,000 is avail. for $175,000 or both for $325,000. End of Efficient Copper Pond rambler boasts an open floor property is supposed to revert to City of Burlington. plan with 3 beds, 2 baths and an open and airy floor Buyer should consult w/city for present & future uses. plan. Designed around a great room concept with Judy Moore 360.770.3515 MLS# 821126 vaulted ceilings, an over-sized kitchen w/large island 18490 Redstone Wy, Mount Vernon $1,200,000 counter and ample storage space, dining area with 1018 Longview Ave, Anacortes $279,000 gas fireplace and a light and bright living room.

Perched high above picturesque Skagit Valley w/ Great potential! This 3 bedroom, 2 bath home sits Master suite with walk-in closet and full bath. Two magnificent 180* views to the west out to the sound car garage with built-in shelving and an optional/ on a 9,000 SF lot in a great location. Spacious master, bath and walk-in closet are newer additions to the & to Mt. Baker from your kitchen window! Quality removable ramp for easy access. Glass slider opens home. Kitchen has also been updated. Large deck off custom home w/rich finishes, dramatic walls of to the private, fenced backyard.

MLS# 1047425 kitchen, fully fenced and basement/shop area with windows & sumptuous attention to detail. Gracious Colleen Craig 360.770.9638 outside access. Garage is a tear-down and sits on entertaining spaces. 1 bdrm guest house beneath 4110 152nd St SW, Lynnwood $349,000 platted City street - do not enter. Home is an estate 2-car detached garage. Outdoor areas feature lg. and being sold as-is. Bring your remodeling skills and Investors!! The current zoning of this property is wrap around deck, fire pit, trellised picnic area & R-8, The comp plan however would allow a rezone to return this vintage home to its original charm. beautiful lush grounds. Private gated estate on shy Cynthia Aanestad 360.610.0120 MLS# 1038220 MR (multi-family residential) Under current zoning 20 acres. Located between Seattle and Vancouver BC. the R-8400 would allow for 3 lots on this property.

127 Lummi Cir, La Conner $549,500 Leigh Zwicker 360.333.9975 MLS# 1048321 Could possibly put up to 11 units with rezone.

Wonderful low bank waterfront home in Shelter Bay Buyer to verify. Value in the land!

Rebecca Chamberlain 360.421.5021 MLS# 928927 includes your own private dock. Light filled home with beautiful brick flooring & Russian Fp. Views to 2011 Skyline Wy #TD042, Anacortes $219,000 bay, allowing you to enjoy the boat traffic & peaceful setting for entertaining or just relaxing. Enjoy all that Skyline Marina secure moorage for 70 foot open historic La Conner has to offer just minutes away. All condo slip 60 foot long with a 10 foot overhang me financing? I’m here to help! x 28’ wide, easy access to this slip. Bow in Starboard the amenities of Shelter Bay included: Golf Course, pre-approval, please contact: side tie. Wide open approach for easy maneuvering. 2 Pools, Community Center, Tennis Courts, Private Mani • 360.428.4626 Beach & Marina. It’s all here in this well cared for Secured gate access, electricity (30 amps) & water available at dock. Laundry, showers, boat lift, repair home of your dreams! hone app at: amie.mortgagemapp.com facility, store & gas dock in marina.

Rebecca Chamberlain 421.5021/ Mortgage Consultant | WMS Series LLC/Skagit Valley MLS# 961801 Kathy Rogers 360.941.4400 MLS# 904269 Kim Wilson 333.2490

2001 Down Jones Wy, Anacortes $329,900 Meticulously cared for home with 3 bedrooms, 1 & 1/2 bath featuring wonderful family and dining room areas plus an extended living and eating area with gas fireplace. Large fenced yard and covered deck with raised gardens and shed. Plenty of parking with 2 shops and RV/boat parking. Home sits at the end of a street and is close to town, schools and easy Whidbey or HWY 20 access. Great home and value.

Gina Davis 360.708.7794 MLS# 867579

W NE

!

W NE

2604 Fir Crest Blvd, Anacortes $475,000 Desirable home in the neighborhood of Fir Crest, adjacent to Anacortes Forest Lands. Two Story home w/ key living on the main level & spacious guest rooms and family room upstairs. Elegant finishes w/hardwood floors, granite countertops, huge master suite w/tile floors and counters. Crown molding, 9+ft ceilings & great design make this a home for anyone. Covered patio leads to a modest, fully fenced yard. Spacious 2-car attached garage w/additional storage area.

Do Not miss this one. Easy to see Colleen Sargent 360.202.2155 MLS# 1048061 NE

W

!

!

140116th St, Anacortes $285,000 Wonderful vintage home ready for remodel or addition to build duplex. Site is on corner with view toward bay and mountains. Large detached garage and space for garden and RV. Laundry room, walk in closet, and 2nd bath were added to home in 2003, new furnace is 1998. Siding on addition and upstairs above is wood product. Upstairs are 2 bedrooms with space to expand. Garage 880 s.f..

Linda Macy 360.708.8284 MLS# 1040288

NE

W

!

4700 Cypress Dr, Anacortes $549,000 Impeccable Clearidge home w/well-designed floor plan offering intimate spaces & the perfect flow for entertaining. Warm & inviting living room w/ gleaming wood floors, stone fireplace & views out to the Rosario Straights. Open kitchen w/window seat combines w/dining to enjoy views of the lush, forested backyard; 2 main level bedrooms & full bath. Elegant master suite w/retreat space, family room & a king-sized bedroom w/views of Mt. Baker.

Oversize lot is host to mature landscaping & wildlife.

Colleen Craig 360.770.9638 MLS# 1049947

Windermere Real Estate/Anacortes Properties • 3018 Commercial Ave • Anacortes • (360) 293-8008 • (800) 327-5291

Bill Robillard 360-770-4707 Buzz Ely 360-202-4626 Caroline Baumann 360-202-7327 Catherine Mers 360-982-6831 ChristineCleland-McGrath360-708-0267 Cheryl Frazier 360-202-4789

November 11, 2016

Colleen Craig Colleen Sargent Cynthia Aanestad Debbie Macy Donna Cunningham Gina Davis

360-770-9638 360-202-2155 360-610-0120 360-391-2422 770-335-7513 360-708-7794

Jack Dixon Jackie Stone Jeannine Reinig Jessica Notaro Joan Handelmann John Prosser

360-941-5000 360-661-2247 360-724-8555 360-202-1441 360-202-4800 360-202-3891

Judy Moore Kathy Rogers Kristi Gabrielse Leigh Zwicker Linda Macy

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360-770-3515 360-941-4400 360-420-3119 360-333-9975 360-708-8284

Margi Houghton Nate Scott Paul Weisz Rebecca Chamberlain

360-202-0041 360-708-2354 360-391-7281 360-421-5021

Rick Bennett Rob Skelton Sarah Jones Vickie Cooley

360-202-2630 360-488-3776 360-333-2783 206-949-1010 1536139

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Money talk

$ $

$

Question:

If home prices keep going up and wages are stagnant, how can buyers afford to purchase?

Answer:

You can pretty much guess that when it comes to money and real estate there are a lot of conflicting views. Here are some basic – and contrasting – facts.

First, you can say that incomes are rising. The Census Bureau says that “median household income was $56,516 in 2015, a 5.2 percent increase from the 2014 median in real terms.”

Second, you can say that incomes are falling.

The Census Bureau says median income in 2015 was also “1.6 percent lower than the median in 2007, the year before the most recent recession.”

Third, you can say that incomes have been falling for a very long time. Despite the 5.2 percent bump in 2015, the Census Bureau says household incomes were “2.4 percent lower than the median household income peak that occurred in 1999.”

When it comes to home prices the picture looks like this: You can say that home values are rising. The National Association of Realtors says that the median existing home value in September was $234,200, up 5.6 percent from a year earlier and the 55th consecutive month where home prices rose.

But one reason home prices have been rising for more than four years is that in 2012 home values were in a trough. Figures from the Federal Housing Finance Agency show that after the 2008 financial collapse home values dropped, reaching a low point in 2011. So, really, after falling into a financial ditch home values are now coming back.

Or, you could say that home values remain lower than they were in the past. For instance, the September S&P CoreLogic Case-Shiller Indices were “within 0.6 percent of the record high set in July 2006.” Translation: Home prices were higher in 2006.

The catch is that home prices and incomes are not the only major factor to consider. The unquestionable reality is that incomes go far further now because mortgage rates today are vastly better than in the past. Freddie Mac reports that typical mortgage rates in 1999 were at

Q& A

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By Peter G. Miller

7.44 percent versus 3.74 percent at the end of October.

Effectively, mortgage costs have been cut in half. This is a big deal because even small mortgage rate declines impact affordability. For instance, Freddie Mac says the principal and interest payments on a $250,000 mortgage at 4 percent are approximately equal to the payment on a $266,000 30-year fixed-rate mortgage at 3.5 percent.

In the end the numbers, the stats and the official pronouncements really don’t count.

What does count is what you, as an individual, can comfortably afford. To get a realistic idea regarding affordability sit down with a local lender and get pre-approved for a mortgage. By “preapproved” I mean let the lender look at your paperwork to come up with a realistic estimate of your borrowing power.

RE-Weekly.com VISIT RE-WEEKLY.COM TO EASILY SEARCH FOR LOCAL REAL ESTATE LISTINGS! Easy to use tools & the most up-to-date information for finding local real estate

Territory NW

Burlington Mount Vernon 360-755-9494 360-755-9596 D CE DU E R

Burlington

$349,900

Enjoy space & privacy. 4 BR home that backs to a greenbelt. Open kitchen & family room. Lg. master w/attached bath & walk-in closet. Lots of flex space. Terrific storage. MLS #976898 Call Elizabeth Detillion 360-708-8800

Mount Vernon

$530,000

Beautiful log & rock exterior. Fabulous Big Lake views. High end finishes thru out. Lg. kitchen w/gorgeous cabinets. Fantastic master suite jetted tub & rock & tile shower. MILS #1017540 TK

Call Ivana Wood 360-770-3550

1543039

D CE DU E R

1536164

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RE-Weekly.com

November 11, 2016

More Women and First-Timers Buying Homes

prices rising faster than wages in many markets and trouble saving for a down payment due to student loan date and rising rents.

Single women’s participation in the real estate market rose, representing 17 percent of all buyers. “Despite having a much lower income ($55,300) than single male buyers ($69,600), female buyers made up over double the amount of men (7 percent),” Lawrence Yun, chief economist with NAR, says. “With job growth holding steady and credit conditions becoming somewhat less stringent than in past years, the willingness and opportunity to buy is becoming more feasible for many single women.”

The study also showed that the two most popular resources for home buyers remain the internet (cited by 95 percent of respondents) and real estate agents.

Seller use of a real estate agent remains at an alltime high, with 89 percent using one to sell their home.

NAR’s 2016 Buyer and Seller Survey shows increased participation of single women and first-time buyers in real estate market

F

irst-time buyers and single women are two key demographics that have dropped out of the real estate market in recent years. This past year, they have reversed course and increased their participation in the market, just as the rate of home sales has increased in general.

This is according to the 2016 National Association of Realtors’ annual Profile of Home Buyers and Sellers. The survey, which dates back to 1981, is the longest-running series of national housing data evaluating the demographics, preferences, motivations, plans and experiences of recent home buyers and sellers. Respondents are owner-occupiers; the survey does not include investors or vacation homes The share of sales to first-time homebuyers had slipped for three straight years, but the most recent survey found that young adults are settling down and deciding to buy a home after what was likely a turbulent beginning to their adult life and career following the Great Recession. The homeownership rate for 18- to 35-year-olds continues to hover near its historical low due to a lack of affordable inventory, home

November 11, 2016

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3903 e College Way, MouNt VeRNoN

$600,000 5 Bedroom older Williamsburg Style Colonial home on 3.78 developable acres with possibility to have 20 residential lots. Very level lot for easy development. Home is circa 1900’s. Large bedrooms and dining room. Shop with underground electricity.

Home to be sold as is. Commuters dream! Close to everything; schools, shopping, medical, Skagit Valley Suzanne Jenkins College, I-5. MLS #1045770 360-941-2983

1608 WoodlaNd dRIVe, MouNt VeRNoN

1328 toledo St., Bellingham

$367,000

Partial bay and city view.

4 bedrooms, 2 full bathrooms. master bath has walk-in handicap tub and extra vanity, tile floor at bath and kitchen, Joan Boudreau stainless appliances, dishwasher, 360-391-0746 range, refrigerator, washer and dryer stay with house. Gas fireplace, Oak floors, 2 large decks storage building at back of house.

MLS #1040211

$335,000 21227 FRaNCIS Rd, MouNt VeRNoN Wonderfully maintained and beautifully decorated home with hardwood flooring; situated on .66 acre: attached garage plus separate double garage/shop with RV parking. Kitchen has granite counters and hickory cabinetry.

Two natural gas fireplaces.

Swimming pool, decking; fenced, park like yard. Yolanda Sakuma Danya Wolf Welcome home! Buyer’s Agent 360-708-8294

G N DI

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$239,000

604 NoRtheRN aVe. SedRo Woolley

$179,000

Celia Miller

360-982-0010 360-391-6065

310 N Reed St, SedRo-Woolley

$159,900

1510 S 6th St., MouNt VeRNoN

Permit-able for in home business.

Roomy, 1700 sq. ft. 3 bedroom, 1 3/4 bath 1 1/2 story home on spacious 1/3 acre lot in convenient location.

Updated interior, country kitchen, charm of yesteryear. Easy access to everything! Danya Wolf Shopping, schools, bus line and medical. 360-708-8294 Zoned for possible in-home business. Plenty of parking, including for RV. Nicely fenced back yard with fruit tree and other trees. MLS #1008048

$259,500 Horse haven! Air conditioning!

1 plus acre, fenced; small barn, 3 BR home w/ductless heater; country kitchen; new carpet in living room; hdwd floors; & linoleum. Remodeled BA w/ granite & tile. Double carport storage. Fruit trees! View of eagle’s nest; 1.2 acres less road.

360-708-8294 360-982-0010

5798 JeNNIFeR laNe, BoW

$375,000 Large triple-wide manufactured

Beautiful view property, ready for you to build your dream home. PUD water, power and 3 bedroom septic surrounded by a circular driveway or continue on to another wonderful building site - cleared, level, and with spectacular mountain view! New gravel road is partially paved. Good access from Highway 9 for easy driving into property. I-5 minutes away.

Watch for signage. MLS #1014931

Carla Fischer

$268,000

Danya Wolf Carla Fischer

360-421-0435

13813 State Route 9, MouNt VeRNoN (5 aCReS)

63WIlloW laNe, MouNt VeRNoN

home on 5 plus acres. Newer hardwood floors and carpeting.

Sweeping land views. Garage with extra room. Gated community

Charming home with lots of potential, in need of some elbow grease and imagination; 4 beds/1.5 baths; extra-large and roomy kitchen has loads of cupboards and dining area, lovely brick fireplace, arched doorways, built ins; some original wood floors; sunroom; uniquely fenced yard. MLS #1040913

for

privacy

and

security.

Minutes to I-5.

MLS #1025330

Suzanne Jenkins

Carla Fischer

360-941-2983

360-982-0100

$224,000 3 Bed/1.75 Bath rambler close to everything! Walk to downtown shops and the Riverwalk! Great starter home. Roomy kitchen with walk-in pantry; ample storage, garden window and gas stove; vaulted ceilings.

Fully fenced backyard; deck off slider.

Suzanne Jenkins MLS #1047096 360-941-2983

Great building site and investment over 1 acre possibly 3+ duplex building lots R7 zoning. Close to town Elva Hunter and schools. Paved street. 360-202-3086 MLS #950851

3780 E. College Way, Mount Vernon

360.424.0300

www.skagittraditionrealty.com 12

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