Posts Categorized: Selling Your Home

SELL NOW

best time to sell a house

SELLER ALERT!!! 

First PENDING home of the year… and it flew off the market during the first weekend! 50 + showings and multiple offers WELL OVER ASKING! Rosie predicted this back in December with her Winter Market Update.

 

She predicted that interest rates would rise in 2022 and buyers will try to get into a home before their buying power is lessened with higher rates. This combined with record low inventory (homes available to buy in the market) would create the perfect winter storm for home sellers. Winter is the NEW Spring market this year! Rosie doesn’t have a crystal ball, but she does have over 25 years of experience in our local real estate market + a team that does a high volume of business, they can see trends coming before other agents because of this.

Well, the secret is out and we are telling all of our sellers sitting on the fence to get their homes on the market ASAP. Luckily we have our home concierge program that is helping sellers get their home SHOW READY and on the market in a matter of weeks, not months! This is what leading real estate experts are saying about our local market right now!

sell my house in 2022

 

According to Tim Ellis of the real estate blog Seattle Bubble, “January is shaping up to be the most competitive month in housing history.”

“The stage is now set for the most competitive January housing market in recorded history,” said Redfin Chief Economist Daryl Fairweather as well. “Buyers are pouring into the market to claim a home before mortgage rates rise further as new listings slow to a trickle [during the winter months].”

Bottom-line for Sellers: With less homes on the market, your home will stand out with virtually ZERO competition when you list. This will not be the case the closer we get to spring. Also, with interest rates as low as they are still, there are more buyers with more buying power who are desperate to get something under contract before the rates go up! If you are able to list before spring, I would do it now! Take advantage of our Home Concierge Program, it’s FREE and our team literally does everything for you to get your home ready faster! Request a free home valuation and let’s have a conversation at www.rosierourke.com/selling

Bottom-line for Buyers: BUY NOW before rates go up! You will be in competition with other buyers, you need a buyer’s agent who knows how to write a winning bid! Spoiler alert, it’s not always about who throws down the most money! Every seller has a specific goal in mind, our agents learn about the sellers and craft offers that are attractive to them. Learn more about our expert buyer’s agents and our process for winning homes for our clients here: www.rosierourke.com/buying

Winter Market Update

winter market update real estate

Winter is here... how is the real estate market doing?

 
Want to know the latest in real estate news? Check out Rosie's Winter market update! You'll learn why right now is actually an amazing time to sell and why waiting until Spring may not be the best option in 2022!
 
We also posted the report Rosie is referencing in the comments, check it out, you'll be blown away by the lack of inventory!
 
If you are thinking of selling please contact us ASAP, we would love to connect and share with you why listing with Rosie Rourke Team guarantees a stress free experience!
best time to sell a home

Fall Market Update

 

🍁Fall Leaves + Active Buyers

= TIME TO SELL!

Check Rosie's Fall Real Estate Market Update for King County focusing on Fairwood, Renton, Kent, Maple Valley, Auburn, Federal Way, Seatac and New Castle! 

Ready to have a conversation? Our listing team is ready to give you an update to date home value, access your goals, timelines, and more! We are the top real estate team in S. King County because we provide a stress-free listing experience! Let us show you, text 206.719.5870 or fill out the form below! 

Rosie the Radio Star!

Rosie rourke on the radio

 

Rosie Rourke the Radio Star! 

That's right! Rock star real estate agent Rosie Rourke is a radio star too! She was recently interviewed in The Money Hour, a local radio show about real estate, investing, mortgages and more!

See here in action on the podcast replay here: https://themoneyhour.com/top-agent-reveals-secrets-to-a-stress-free-real-estate-experience-episode-371/

Looking for a stress-free real estate experience? Reach out below! 

Staging… Yes or No?

home staging ideas

 

Why we recommend home staging even in a hot market!

We get this question A LOT, especially right now. If the market is so hot, do I really need to stage my home? The answer is yes, but it depends.

A vacant home needs to be staged, period. A 2020 report from RESA found that 85% of staged homes sold for 5-23% more than a non-staged home. For a little investment it can yield a HUGE return! We work with some of the best stagers in the area, and buyers have commented that our listings show the best because of it!

Staged homes also sell faster and they are easier to market to the masses via social media... no one wants to see vacant room on their newsfeed, lol! According to Forbes a staged home will sell 87% faster than a non-staged home. Why does this matter? A faster home sale will put more money in your pocket. If a home doesn't sell after the first week in this market, a price reduction will be recommended to keep the house from getting lost online. Any money invested in staging is well worth it!

But what if you live there, should you still stage it? It really depends, but in most cases a bit of re-staging and styling will do the trick! Joanne on our team has a background in design and loves helping our clients declutter and use existing pieces you already have to re-stage the home. We can also bring in smaller accent pieces, pillows, place settings, etc to spruce the place up before listing!

Putting your home's best foot forward involves a lot of work from our team, but in the end it is worth it for our clients! More money, a faster closing date, and a stress-free listing experience... and staging is just one part of our secret sauce! Learn more about our top 1% team and what selling your home can look like here: www.rosierourke.com/selling

Spring Market

 

Is there a shift in the market? 

Here is Rosie Rourke's spring real estate market update! With the volume we do we tend to see changes and shifts on the horizon sooner than most agents, and the media is usually 6 months behind in their reporting! 

Whether you are thinking of buying, selling or you are just curious about what your house is worth in this market, please reach out! We are all about relationships and everything starts with a conversation, no pressure! 

Listcation

Rosie Rourke Listcation

 

We want to send you on a LISTCATION in 2021!

FREE HOTEL STAY & RESTAURANT GIFT CARD - OPENING WEEKEND OF YOUR LISTING!

 

During this historic 2021 real estate market, we want to send you on a "Listcation" during the weekend your home is listed for sale!

Hotel Interurban Tukwila Listcation

We will put you up for 2 nights at the locally operated, brand new Hotel Interurban in Tukwila! Or yo can opt for a $200 Visa Gift Card to stay where you want! 

outdoor dining near me in renton

We will also include a $100 gift certificate to the famous Whistle Stop Ale House, Renton's Neighborhood Family Pub! The food is great, the atmosphere is fun and they have an amazing indoor-outdoor dining experience set up!

You don't have to stress about showings at your home or being displaced. Just sit back, relax, let us be your person... and sell your home, of course!

rosie rourke listcation

“First of all, we loved our Listcation!! I’m not sure where we would have gone since we had showings all day Saturday and Sunday. The hotel was very accommodating for early check-in & a later check out! Their hot breakfast was much appreciated, as well!” – The Starks - Woodside in Fairwood

What's the catch?

Nothing really, just list your home with the Rosie Rourke Team in 2021, that's it!

👉 Just submit the contact form below! Rosie, Melissa or Liz will reach out to you and set up your free home pricing evaluation to get the ball rolling!

Rosie Rourke Melissa Hudson real estate agents

OR... you can contact us directly at 📲 206.719.5870 or 💻 rosie@rosierourke.com

Selling in 2021!

how to sell a home in 2021
 
On average it takes most people about 3 to 6 months to get their home ready to list. With our stress-free listing experience we can have you ready in a matter of weeks! Either way if you are thinking of selling in 2021 now really is the time to start the planning process! It all starts with a free, no pressure conversation with Rosie and her listing team!
 
Once we give you a realistic valuation for your home we can start to help you get show ready with our list of vetted contractors, expert stagers, and marketing masters! We don't just put a sign in the ground and leave you to do all the dirty work, let us show you what a stress-free listing experience can look like!
 
Go to www.rosierourke.com/selling to learn more and book your free consultation! We know this time of year can get busy, schedule it early and put your mind at ease before the holidays!
 
"Rosie and her team have be exceptional! She and her team were very responsive to all our concerns and kept us updated on everything that was happening. I cannot recommend her and her team strongly enough. We had 2 offers within a week. She was very helpful in helping us set up the house to sell and explained everything very well." - Brad Nelson, Happy Client in 2020

    Believe in Real Estate

    Should I buy a house during COVID19

     

    During a recent team meeting some of my agents who work with our buyer clients said they are hearing rumors about a real estate bubble bursting, just like in 2007 and 2008. Their clients were asking about it and if they should wait to buy. Yes, prices are rising and at times it may feel like a bubble that is about to burst, but you need to look at all angles before making that judgment. Real estate is a great investment. Renting is essentially throwing your money away and paying for the landlord’s mortgage. There is risk with any investment and research is key. I decided to write this blog to show you what I am seeing in the market place as well my own real estate investing experience, you can be the judge for yourself 🙂

    I decided to do some research on one of my own properties that I own to give you a concrete example why you should always believe in real estate as a great long term investment. I own a rental home on the West Hill in Auburn. It is an average split level home built in 1983, 4 bedrooms, 2.5 bathrooms and 2500 square feet.

    I bought it in 2001 for the price of $220,000

    2006: $320,000 – height of market before the fall of major recession

    2008: $275,000 – the recession

    2020: $475,000 – current value as of the fall

    is there another housing bubble

    You can see how the market fluctuates over the years, but real estate in the long run will always be a good investment, especially around Seattle. Here is a part of a great article I read from Realtor.com last August, it explains why we aren’t seeing another housing bubble like we did in 2007/2008, even during a pandemic.

    Why won't we see another Great Recession-era housing bubble?

    Published by Realtor.com – August 2020

    The sky-high prices of 2020 are being driven by an influx of buyers bidding up prices on a historically low number of homes on the market. Until more properties come online, that dynamic is unlikely to change.

    The Great Recession had the opposite problem: There were many more homes available than qualified buyers.

    In the aftermath of the housing bust, it's become harder for buyers without good jobs and strong credit to score mortgages. This weeds out riskier borrowers. And unlike the last go-around, when builders were erecting residences at what seemed like a break-neck pace, the under-building of the last few years has exacerbated the housing shortage.

    Even if the economy doesn't improve by next year and a vast swath of Americans remain unemployed, we are not likely to see the flood of foreclosures that characterized the housing crash, partly because government protections could be extended.

    "It doesn't feel at all like last time, when the market was getting all pumped up by easy mortgage credit," says Mark Zandi, chief economist of Moody's Analytics.

    The housing bubble burst in 2007/2008 was driven by too much supply and not enough demand. We have the opposite problem right now. If you include low interest rates into the mix, it will continue to be a healthy market.  

    I also found this recent article that I thought was interesting especially in the post 2020 election era.

    Is Seattle a good investment these days with all the turmoil?

    Published by Norada Real Estate Investments – October 4th, 2020

    Seattle has long been a second-tier technology hub, bolstered by companies like Boeing, Amazon, F5, and Real Networks. Seattle’s strong tech ecosystem has led to a number of startups choosing to start here, but more importantly, many tech giants are setting up “outposts” here. They’re moving jobs to Seattle so they can afford to expand or simply afford to remain in business. The influx of new high paying jobs plus relocating employees to Seattle is driving demand for homes in Seattle.

    Over the past 10 years, Amazon has grown more than tenfold in the city of Seattle, from about 4,000 employees in its hometown to over 45,000. During the same time, the median home price in the city has shot up from $420,000 to $720,000 (according to the Northwest MLS) and home prices in the metro area as a whole have gone up 47 percent. Between 2008 and 2018, over 535,000 homes have sold in the entire Seattle metro area. For comparison, that’s 41 percent more than in the similarly-sized San Diego metro area.

    Much of this growth in the local housing market can likely be attributed to growth at Amazon. The Seattle real estate market shares many of the constraints that drove up real estate prices in San Francisco. You can’t realistically build on water. It is hard to build in the mountains. You can build up, but that takes time and is expensive. And all the while, everyone wants to live close to the city center and jobs. This helps keep property values in the Seattle housing market high.

    The areas around Seattle and the Eastside like Renton, Kent, Fairwood & Maple Valley in the south and Bothel, Kenmore, Woodenville & Lynwood in the north have seen an influx of new buyers. These suburbs are more affordable and when you can work remotely, you can live anywhere!

    Ok, none of us have a crystal ball here, but I have firsthand experience of not only being in the real estate business for 25 years, but I am also a homeowner and investor who lived through the last recession and housing bubble. The prices will continue to rise in our area, most industry experts agree on this. Now is a great time to buy with low interest rates, in many cases you can own a home for what you are currently paying in rent! Contact our team and let’s talk numbers, we want to be your guide to homeownership in 2020 and beyond!

    North Renton Home For Sale

    Affordable, Walkable City Living in North Renton! 

    Historic & Walkable North Renton + Farmhouse Style & Rustic Charm! Welcome home to North Renton & this charming 3 bedroom/1 bathroom home. This historic, fully updated home welcomes you with an adorable covered front porch & fully-fenced yard. The cozy living room opens to large dining area. The updated kitchen has stainless steel appliances, concrete counters, whitewashed brick, wine cooler & shiplap ceilings throughout. It also includes an oversized utility/sunroom/mudroom that flows into a large, fully-fenced back yard with a detached garage that provides extra storage & tool shed. RV/boat parking with no HOA. Walkable location to Downtown Renton, The Renton Landing, and easy access to freeways! This home is stupide cute and move-in ready + includes a home warranty! Check out more photos, learn more about the listing, take a 3D tour & schedule a contactless showing before it's gone here: https://bit.ly/3lPIGfE