Saturday, November 18, 2017

Renton Open House Sunday

Here is my latest listing in Renton. This lovely suburban home is open tomorrow (Sunday November 19, 2017) from 1-3p. It is located at 18858 129th Pl SE, and is listed for $400,000.

Friendly suburban community with annual neighborhood events, including Easter egg hunts, garage sales, beauty bark sales in nearby park. This lovingly maintained home has a long-term roof warranty, updated kitchen, new carpets, laminate flooring, lots of space to play, and a fully fenced yard. Welcome to the neighborhood!

NWMLS #1218245

Happy Investing!

Wednesday, November 15, 2017

South Seattle Brick House for Sale

We are reviewing offers on this property today:
Address: 6724 Mars Ave S, Seattle 98108
List Price: $549,888

Monday, October 16, 2017

Housing Trends

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general. 

Please click on this link to view the Housing Trends October 2017 Newsletter 

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, reports and other sources. 

Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and local community reports. 

If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report: 

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future. 

Sincerely yours, 

Wendy Ceccherelli
Century 21 NW Realty
216 31st Avenue Seattle WA 98122 

Friday, September 15, 2017

Seattle Housing Inventory

Normally we see a pretty nice little bump in inventory in September, however, I’m not entirely sure that’s going to happen again!  We saw a HUGE run up in Seattle inventory between April and late June (about an 80% increase in inventory during that time), however, since peaking in August we’ve been on a pretty sharp decline in overall inventory levels.  That doesn’t mean things won’t start hitting the market in late September like they normally do, this early decline in inventory is merely representative of the gigantic build-up of buyers still looking for a home, and refocusing on their search now that Summer and Labor Day are over.

With the recent decline in overall inventory, we’ve also seen the median priced home in Seattle tick back upward from $699k in late August, to $722k this past week.  Please note, the Seattle median price home peak for the year was set in mid May at $777,475.  It will be interesting to see whether or not prices continue to increase throughout fall and winter, and then increasingly so next spring; versus what normally happens where prices remain steady until January when they start skyrocketing. 

In the end, it looks like the stage is being set for an even more competitive market next year with inventory levels plummeting earlier than normal as Fall’s buyer-pool snatches up homes more fiercely than ever before. 

Happy Investing!

Today's market report courtesy of Kyle Bergquist, Guild Mortgage

Saturday, September 2, 2017

Vacation Waterfront with Financing

Always dreamed of your own Puget Sound waterfront home to dock your fishing boat? Fractionalized ownership gives you 100% of the occupancy rights, and 65% of the equity, as the majority owner. Up to ten years - with no payments and no interest - to cash out the other equity partners.

3650 Steelhead Dr, Lagoon Point, Greenbank, Whidbey Island. $400,000 for 65% equity.

Here's the description of this home:
Spacious house, with 60' of waterfront on a well-protected canal for crabbing/boat moorage, just a stone's throw to open water of Admiralty Straits on Puget Sound, in a stunning island community. West-facing, spectacular sunsets. Moor your boat on your backyard shared dock, kayak the canals, or fish for salmon from some of the best shore fishing on Whidbey. Beachcomb at the community beach of coveted Lagoon Point.

Watch container ships and cruise ships sail by as you relax on your back deck. Watch the winter storms safely inside by the gas fire. 

Wildlife abounds here: deer, rabbits, ducks, hawks and eagles. Minutes from south Whidbey State Park & the Greenbank Farm, with miles of trails for both dogs & humans. Easy access to Coupeville, Ft. Casey, Freeland, Langley. Only 20 minutes to the ferry!

Buyer has the option of either 65% (at $400,000 purchase price) or 100% (at $525,000 purchase price) of equity ownership. Seller financing available to help with the down payment. Meet one of the owners at the Open House this weekend, tomorrow, Sunday September 3, 2-4p. 

Happy Investing!

Thursday, August 31, 2017

Fixer Triplex with Views in Renton

Investor/Builder/Contractor Alert!  

Finish off this high-quality project and reap the rewards! Legal triplex fixer, down to the studs! Corner lot with no neighbors and AMAZING territorial views from every floor, of Lake Washington, Olympic mountains, downtown Renton. Cedar River water property next door, will never develop. 

Great location-Easy walk to downtown Renton (walk score 83); close to airports, Boeing, public transit, The Landing, shops, restaurants. Gas at street.

Asking $500,000. Seller financing available. Please contact Wendy Ceccherelli at for details or to schedule a showing.

339 Cedar Avenue S, Renton, WA

Happy Investing!

Friday, August 25, 2017

Big Yellow Cranes

See all those big yellow cranes? We’re sorry to say that they’re probably not building your next home. Our current regulations make building offices and rental units more appealing to developers than condos, townhomes, single-family homes and mixed-use properties that serve the middle class.
Even if they were building homes to put on the market, we’re so far behind demand that it will take much, much more construction to catch us up. But it’s worth making the effort now: a study by the California Legislative Analyst’s Office has shown that building enough supply would result in lower prices. As more proof, Tokyo has not seen rapid home price appreciation because it meets all new demand by building more housing.

If you’re curious about all the construction, you’re not alone. Seattle in Progress is a free map tool that shows what’s being built all around Seattle. Explore the map

Today's blog courtesy of The Housing Translator.

Happy Investing!