Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

 

For Sale in Ferndale

2769 Jessie Ct.

Brandy (360) 319-1980, Bryce (360) 319-8573

 

NOW OFFERED AT $547,500.00

 

March 26, 2019

Your Tax Refund is The Key To Homeownership!

 



According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $3,143 this year when filing their taxes. This is down slightly from the average refund of $3,436 last year.

Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals. For anyone looking to buy a home in 2019, this can be a great jump start toward a down payment!

The map below shows the average tax refund Americans received last year by state.

Your Tax Refund Is The Key To Homeownership! | MyKCM

Many first-time buyers believe that a 20% down payment is required to qualify for a mortgage. Programs from the Federal Housing Authority, Freddie Mac, and Fannie Mae all allow for down payments as low as 3%. Veterans Affairs Loans allow many veterans to purchase a home with 0% down.

If you started your down payment savings with your tax refund check this year, how close would you be to a 3% down payment?

The map below shows what percentage of a 3% down payment is covered by the average tax refund by taking into account the median price of homes sold by state.Your Tax Refund Is The Key To Homeownership! | MyKCM

The darker the blue, the closer your tax refund gets you to homeownership! For those in Oklahoma looking to purchase their first homes, their tax refund could potentially get them 85% closer to that dream!

Bottom Line

Saving for a down payment can seem like a daunting task. But the more you know about what’s required, the more prepared you can be to make the best decision for you and your family! This tax season, your refund could be your key to homeownership!

Posted in 2019 Trends
Feb. 5, 2019

3 Must-Do's Before Listing Your House For Sale

When it comes to first impressions, the little things make all the difference.

Planning to sell your house this year? Now's the perfect time to prep it for listing!

Set aside a couple of weekends to do the work, and follow these three steps. Then, get ready to make a great impression on potential buyers and cinch the deal.

Step 1:Clean and declutter

It may sound obvious, but the importance of cleaning and decluttering cannot be overstated. Here are some ideas to make the process nearly painless.

  • Eliminate clutter before cleaning. This is the time to purge your house of unwanted and unnecessary items. In addition to donating items to charity, consider giving them away through Craigslist or neighborhood sharing groups. Recyclers are often willing to pick up and haul away large metal items for free.
  • Deep clean your house. This step will probably involve the biggest time investment. Get the whole family involved if you can! Think of this as a pumped-up spring cleaning. Pay special attention to kitchens and bathrooms and clean the inside and outside of your windows - this makes a striking improvement in the overall appearance of your house.
  • Organize closets, cabinets and drawers. In this case, out of sight is not out of mind. Many potential buyers will open cabinets and closets, because they are thinking about storage space. Clean and organized storage areas signal to buyers that you take care of the house.

 

Step 2: Make small repairs

Take care of these problems before you show the house for the first time. These are all fixed that you can do yourself.

  • Fix any leaking faucets and running toilets.
  • Replace caulking around tubs, showers and sinks.
  • Freshen up ro repair grout as needed.
  • Repair walls and repaint them in a neutral, generally pleasing color that complements your home.
  • Fix cracked or broken windows.
  • Replace or repair damaged window screens.
  • Replace burned-out lightbulbs.

 

Step 3: Go for curb appeal

You want potential buyers to be charmed by the outside of your house so they look forward to coming inside. Extend your pumped-up spring cleaning to the outside of your house too.

  • Trim bushes, shrubs and trees. Make sure vegetation isn't touching your roof or siding.
  • Repair broken downspouts and gutters.
  • If it's appropriate for your yard, apply new mulch, river rock and/or pea gravel. This can do wonders for your landscaping and provide immediate curb appeal.
  • Clean and repair concrete areas, such as driveways and walkways. Eliminate any oil or grease stains, and clean out any weeds coming up through the cracks.
  • If it's seasonally appropriate, put out some pots of annuals, which will maintain their color for the season. Freshen up your doorstep with a new welcome mat and make sure the house numbers are easy to see.

With just a moderate amount of effort, you can make your house beautiful and welcoming, both inside and out. Ready to put your home on the market? Check out our Home Sellers Guide for more tips and resources.

Originally Published by Jane Drill

 

Posted in Home Repair
Jan. 4, 2019

2019 Design Forecast: What's In, What's Out

Is it time to say goodbye to shiplap and millennial pink? This design expert weighs in.

As we flip to the last pages of our 2018 calendar, it's time to look at interior design trends on the rise- and say goodbye to those on their way out in 2019. Here are our predictions about what's in and what's out in the year to come.

 

What's in

Warm modernism

It's official-many regions throughout the U.S. are choosing a modern aesthetic over a rustic style. While black and white contrast and raw materials like steel and wood will continue to be popular, they'll be softened by color and asymmetry. These modern elements will have a fresh approachability when surrounded by sun-soaked fabrics and natural wallcoverings.

 

Effortless technology and transformations

Talk-to-me tech products help you get things done with your voice and homeowners are using them to modernize their daily routine. In 2019 you'll see smart faucets, fans, window coverings and appliances paired with popular platforms- Google Home, Amazon Alexa and Apple HomePod--for a convenient, connected home. 

Additionally, products that offer easy installation and seamless integration into existing layouts make projects remodel-friendly. Innovative sinks, faucets, medicine cabinets, appliances and lighting provide a quick transformation to refresh the style and functionality of your space.

Om sweet home

Though talk-to-me is trending, some will be  looking for ways to escape the chatter. Meditative and sound-barrier features will appear in more homes this year-think transformative experiences using acoustic panels, colored light and aura effects. Ethereal, sheer and translucent fabrics will support the aesthetic, pairing an organic feel with the benefits and convenience of select technology.

Industrial Style

Concrete, quartz and metal lovers, rejoice! Industrial styles are predicted to rise in popularity in 2019. Matte black and bronze continue to dominate and complement a more industrial vibe. But when selecting wall colors, appliances, faucet finishes and fabrics, consider the possibilities of moody blues and the gray color spectrum.

From warm light grays to the coolness of matte black, these tones add a subtle layer of intrigue and distinction. Plus, black and charcoal gray front doors could earn up to $6,271 more when selling your home!

 

Organic maker accents

Handmade details can immediately soften an interior. This year you'll see rhythmic patterns and imperfect lines incorporated through hand-painting, stiching and detailing, expanding the possibilities for endless mixing and matching in the home.

Additionally, fabrics and accents with strands of crystal, wooden and pearlescent beads present a sophisticated flair for artful detail. Home decor favorites will still include earthy elements and nubby textures. Think neutral naturals by simply adding a wooden side table and sculpture, live and fake plants for color and natural fibers through rugs and fabrics.

What's out

Rustic

Is America finally over the "Fixer-Upper" movement? Not quite, but the rustic, farmhouse-chic elements are getting refined. The shiplap-crazy trend seems to be leaning toward a modern twist, simplifying layers of the look. Cutesy barn doors will take a backseat to more modern versions featuring glass and metal instead of reclaimed barn wood.

The signature statement range hood covered in rustic materials will swing to simplified finishes, like brushed brass, stainless and matte black. Lastly, the harsh light of the Edison bulb will move to a more complementary glow, reflecting concealed bulbs versus exposed ones.

 

Millennial pink

Bold, trendy color schemes are likely on the way out, with more subtle earth tones and cool, classic palettes on the rise. Blues and neutrals continue to top Zillow trend reports, adding higher dollar values related to home sales when used in kitchen and bathroom areas. While millennial pink may have been all the rage on designer Instagram feeds, people don't actually want to live with it throughout their homes. Whether trends inspire your or not, it's important to be aware of them, because they help shape our own personal interior style. If you love purple gingham in your dining room, go for it. If an all-white interior speaks to you, celebrate it.

Our homes are where we express ourselves and tell our unique style story, so I encourage you to do just that in the new year.

Article written by Kerrie Kelly

Posted in 2019 Trends
Dec. 4, 2018

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

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You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates