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VOL. 99, NO. 46
NOVEMBER 14, 2018
By the first of November in happily, homes are selling again. Seattle, there is a bright trail of Anecdotally, the Wall Street Group leaves separating the warmth of of offices experienced shorter “days October from early winter. The rains on market” the last couple of weeks have begun in earnest and raking in several of our listings, and one leaves becomes a part-time job. As listing received multiple offers. I began to think about this month’s It’s important to mention here column, I knew that a “Top 10 Tips that prices were lowered from the for Staging a Home” wouldn’t cut Market Analysis Price agents had it. This time of year offers a proprovided to sellers last summer. But found sense of slowing and with the again, as well-priced homes came Nicole Bailey Thanksgiving holiday right around on the market, buyers popped back the corner, it feels like a good time in and made offers, seeing value in REAL ESTATE BROKER, to reflect on the amazing clients I’ve LUXURY SPECIALIST, SRES the homes. built relationships with this year. As an agent, I’ve always got QUEEN ANNE WINDERMERE It’s also the cooking season and to consider the capital M, market, though I’ve had a few years to get but as buyers and sellers you are used to being without my daughter dealing with your homes, the places in the kitchen, this is my first Thanksgiving without you live your lives. It’s easy to feel smart when you my grown son as well. I’m bolstering my table with get a higher price than you expected, and to feel blue neighbors and friends of friends. I’m thinking about when your price expectations aren’t met, but your the shapes and sizes family comes in. home will continue to be among your best investDespite the changing market that I wrote about ments over time and if life is telling you, it’s time last issue, I feel incredibly grateful for the clients I’ve to make a move, don’t let those last listing dollars had the privilege to help, both into and out of homes. cause you to hesitate. I mentioned the three buyer/ There is the family of four who tired of the hurlyseller families as a reminder that your exact positionburly of Ballard and relocated to Bainbridge for less ing within a market can’t always be predicted by than the sales price of their Ballard townhouse. I get you, even if you are the ultimate planner. I definitely regular updates of their bucolic life featuring beach found that some of my clients were completely and water views and sometimes even horses. There is surprised by their own decisions to make moves this the North Capitol Hill family whose three-year-old year. learned to open the front door this year and promptIf the season of your life suggests a change of ly needed relocating to a quieter street with a yard. scenery, feel blessed that you live in one of the most There is the California family who is finally making vibrant and thriving cities in the U.S. and that the their Queen Anne dreams come true, in part because land beneath you isn’t getting any more plentiful. of a subtle softening of the market. And if the season of your life is keeping you rooted Early Fall provided a respite from the busy sum- in the neighborhood, thankfully it’s almost always a mer selling season and a few homes priced sharply good time to buy or sell a home in Seattle. higher than last year’s averages experienced what I described as “Buyer’s Revolt.” For a few weeks, it beMost Friday mornings you can find me gan to feel like the sky was falling. One client pulled volunteering my time in the windows at the their home off the market, understanding that their Simple & Just Shop. Please consider us for price was unlikely to be realized. your charitable donations on Giving Tuesday! Like everything to do with our high-octane housing market, prices moved quickly downward and
Avoid the Naughty List: Don’t Let the Holidays Ruin Your Credit (StatePoint) Looking for the “perfect gifts,” paired with enticing retail discounts and deals, can pressure holiday shoppers to spend more than they can afford. As a result, consumers may max out credit card limits or miss payments, negatively affecting credit scores. In addition, store credit cards may offer instant discounts that are tempting at the register -- but that new application could decrease your credit score. Not having enough money for presents and the strain holiday shopping puts on their finances are big causes of anxiety for many consumers, according to a recent Experian survey. However, many of these same consumers seem to be on the right track: in the survey, respondents listed several smart financial resolutions, including 28 percent who want to improve their credit scores, while almost 50 percent said saving more was a New Year’s resolution. But understanding how your credit score is calculated is critical. With this mind, here are some key factors: • Payment history: Accounting for roughly a third of your credit score, paying loans on time is crucial; too many late payments can decrease your score. • Balance: You never want your credit card balance to be higher than 30 percent of your credit limit -- on a single card and across all of them. Keep balances low to keep your score high.
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JUST SOLD 4411 West Armour Street | Magnolia $2,800,000 Sold and closed in less than 30 days.
Queen Anne Home Sales (Low to High) Address
Bed
Bath
Sq Ft
Built
Days on Asking Price Market
215 Newell Street
3
3
1980
1969
4
1514 Taylor Ave N #A
3
2.5
1,500
2008
501 W Olympic Place #B
3
2.5
1,490
308 Newton Street
4
2.25
1510 1st Ave N
3
3447 11th Ave W
Sold Price
Sold Price/ Asking Price
$789,000
$775,000
98.23%
35
$878,000.00
$865,000.00
98.52%
2007
7
$998,000.00
$998,000.00
100.00%
2,200
1919
20
$1,180,000.00
$1,067,000.00
90.42%
2.25
1,818
2018
14
$1,185,000.00
$1,150,000.00
97.05%
3
2.5
1,850
2002
78
$1,195,000.00
$1,150,000.00
96.23%
2106 2nd Ave N
3
2.5
2,690
1907
8
$1,100,000.00
$1,195,000.00
108.64%
2577 8th Ave W
3
2.5
2,220
1923
22
$1,275,000.00
$1,200,000.00
94.12%
2135 4th Ave W
4
2.25
2,540
1913
40
$1,265,000.00
$1,252,000.00
98.97%
164 Galer Street
4
2.25
2,440
1918
16
$1,279,000.00
$1,279,000.00
100.00%
700 W Prospect Street
3
2
2,400
1925
32
$1,600,000.00
$1,500,000.00
93.75%
1616 5th Ave N
4
3.25
3,370
1941
3
$1,885,000.00
$1,950,000.00
103.45%
1624 8th Ave W
4
4.25
4,390
1991
89
$2,988,000.00
$2,825,000.00
94.54
Please contact me for your Queen Anne and Magnolia real estate needs.
Home Sales Stas continiued next page
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