Posts Categorized: Fairwood

Fall Market Update 2019

The Fall Market is Heating up, Don't get Left Behind!

 

Thinking of buying? Buyers are lining up right now with super low interest rates! Thinking of buying? With the low interest rates you have more buying power than ever before, this is your chance! But none of this is possible unless you take action RIGHT NOW!

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The Renton Home Show

Home Inventory Is Up… Where Are You Buyers???

how do i buy a house

Finally… home inventory is up! I just read a report that more homes went for sale in September then they did last year at this time. In fact, this is the most home inventory for sale during the Fall in 3 years! This is GREAT news for buyers… so where are they?

I think the crazy market during the beginning of 2018 has scared a lot of them away. Their loss is YOUR GAIN! Homes are not selling as fast and there is room for negotiation now. And my preferred lenders have told me that there is a possible mortgage rate increase looming in 2019. If rates go up 1 point that could mean 10-15% less in buying power for you! You can’t afford to wait, check out my quick video about today’s buyers market, 3 reasons why you NEED to by now, and check out my team of expert buyers agents who are eager to help you buy a home before the holidays…. CLICK HERE!

Rosie’s Real Estate Reveal: What Does Contingent Mean?

Welcome to another edition of Rosie’s Real Estate Reveal! These are blogs where Rosie Rourke helps you understand real estate terms and what they mean to you, the buyer or seller! Today’s reveal is all about contingent offers! Believe it or not, a lot of newer agents don’t even understand what a contingent offer is. Honestly it’s been a while since listing agents have been accepting them. But now with the market slow down, massive amounts of homes for sale, and buyers that have cooled off, agents are entertaining the contingent offers again.

What is a contingent offer?

It simple terms, it’s when a home buyer makes an offer on a new home before selling their current home. The sale of the new home is contingent or dependent on the sale of the current home. The “official” definition is as such: It means an offer on a home has been made and the seller has accepted it, but the finalized sale is contingent upon certain criteria that have to be met. Usually the successful sale of the buyer’s current home.

What does this mean for you?

When a home is “Contingent” it doesn’t mean the house has SOLD and is off the market! Did you know that you can still tour and MAKE AN OFFER on a contingent home? Not a backup offer, but you can BUMP the contingent offer and the home is YOURS!

So if you are in the market, see a home you love, and the status says Contingent… you still have a chance! I actually have 2 homes listed right now that are contingent, both of these sellers are looking for new buyers to BUMP the current contingent offers!

 

 

homes for sale in covington

Large home for sale in Covington!

rambler on golf course for sale

Rambler for sale in Fairwood Renton, WA

 

Fairwood Greens Recycling Event July 21st!

fairwood greens recycling event

Fairwood Greens Recycling Event is on July 21st!

Each year my team and I sponsor a recycle celebration coinciding with the Fairwood Greens community garage sale.  If it doesn’t sell… bring it to the RECYCLE EVENT on July 21th!

We will have 1 Green Planet for your bigger items…

We will have Confidential Data Shredding for your paper and confidential items.

We will have a HOT DOG cart and BOUNCY HOUSE for the kids!!!!

Are We In Another Real Estate Bubble?

Hi everyone!!!

I’ve been hearing the same thing at a lot of my listing appointments from my clients, “Are we in another real estate bubble?” My buyers agents are hearing this too from people looking to purchase their first home or sell and buy a house, or second time buyers as we call them. I decided to roll up my sleeves and put my 20+ years of real estate knowledge to the test… I decided to write an article about it!

Here is the post card I just sent out to all my friends and clients:

To read my article check it out right here on my website, go to www.rosierourke.com/bubble

 

Real Estate Market Update – April 2018

Hi everyone, Rosie here! My team and I are rocking right now, and it seems like I am getting a lot of the same questions during my listing appointments. My buyer agents are hearing the same thing from their real estate clients looking to buy a home too. “is is a good time to sell a home? What is the real estate market like?” So I thought I would share some exciting Fairwood real estate market stats with you!

For real estate transactions (both homes for same in 98058 zip code and buying a home in 98058 zip code) here are the numbers for residential homes:

Homes For Sale in March 2018: 24 units.
• Up 41.2% compared to last month

Homes Placed Under Contract in March 2018: 62 units.
• Up 121.4% compared to last month

 

 

In Fairwood Greens specifically, here are the numbers just for the neighborhood. If you are thinking of selling a home in Fairwood Greens or thinking of buying a home in Fairwood Greens these numbers are important:

9 homes Sold/Pending within last 30 days

Average home is 2,030 square feet, that’s $263.33 per square foot!

Average days on market is 7

Average home value in Fairwood Greens and sold price: $521,667 (104.8% above list price).

WOW!!! Fairwood real estate is sizzling right now! Let me know how the Rosie Rourke Team can help you get top dollar with our proven success strategies in a seller’s market.

AND, my team doesn’t just buy and sell homes in 98058 or Fairwood Greens… we have clients all over the King and Pierce County areas! We did over 130 transactions last year ALONE, making us one of the top real estate agent and teams in King County!