
June Market Update

As we enter into a new decade we are coming off of an historic serge in our Renton, Fairwood, Kent, Maple Valley, and Seattle real estate markets! The past few years we have seen prices rise and interest rates fall, but what does 2020 have in store for us? It's also an election, what does that do for first time home buyers, home sellers, second time buyers, and is it a good time to buy or sell a home? Let's ask Rosie Rourke, once of King County's best real estate agents what she things, watch the video below!
Looking for a large home for sale in Covington close to Maple Valley? Check out this large 5 bedroom home for sale in Covington. It has 3 different living spaces, perfect for a blended family or multiple family living situation! Large kitchen, tons of updates, extra storage, a manageable yard, and it’s also a smart home!
Check out the full listing here: http://rosierourke.idxbroker.com/idx/details/listing/a045/1323243/20010-SE-260th-Place
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.
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.
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!
There are a lot of new home developments popping up everywhere! If you are looking for new homes for sale in Covington or Maple Valley you have probably drove down Kent-Kangley Road and seen the signs for New Lennar Homes for Sale in Covington. Or you can search New homes for sale in Covington with Lennar Homes’s Maple Hills development. Well guess what? I have a better than NEW home for sale in Addison Park right across the street listed for less than a new Lennar Smart Home in Maple Hills!
My listing is over 4400+ square feet, has 5 bedrooms, 3 different living spaces, open concept living, a low maintenance yard, a view off of 2 different decks, 800+ square feet of additional storage in addition to a 3 car garage, and it’s a SMART HOME with Alexa enabled features!
My seller of the home for sale in Covington is motivated and ready for an offer! And you have to see this better than new home for sale near Maple Valley. Tall ceilings, upscale touches throughout and all the lights outside are on a timer too!
Learn more and schedule a private showing here: http://rosierourke.idxbroker.com/idx/details/listing/a045/1323243/20010-SE-260th-Place