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Well-Maintained Lynnwood Rambler
August 17, 2018 /Back on the market! Fall in love with this 3 bedroom well-maintained Lynnwood rambler the moment you put eyes on it. Enter the home on beautiful hardwoods flowing seamlessly through the living room and back into each bedroom. Natural light fills the living room through the expansive windows showcasing the rooms crown molding. The kitchen boasts new quartz counters, tons of cabinet space and stainless steel appliances. The master bedroom is open, extremely spacious and features a walk-in closet. The master bathroom has double sinks and features slate tile flooring. Enjoy the summer on the new deck, covered patio and a fantastic fire pit in the fully fenced yard. The hot tub is a great perk that comes with the house. Convenient to parks, urban amenities and I5. Call Jesse Moore at 425.502.5397 for more information. To download the property flyer as a PDF, click on the link: Well-Maintained Lynnwood RamblerRead more
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The Big Question: How to Secure Financing to Buy a Home
July 27, 2018 /Now that I’ve moved beyond the strange period of life that was my twenties, one major conversation topic among my friends is real estate. These days, it feels like we’re always talking about which one of us just bought a home or is looking to buy. Another major discussion topic is where these particular friends found the money to buy their homes–was it an FHA loan? Did they receive help from their parents? And, at the risk of sounding tactless, how much exactly did they put down, and what was the home’s final price? The question of where to find the money to buy a home is fairly common these days. Luckily, Pickett Street’s home buyers class, which is offered once a month and is completely free (!), is an excellent resource. The next home buyers class is Tuesday, August 21st from 6-8pm. The Pickett Street team and Cody Touchette of Caliber Home Loans will be there to talk about the home buying process from start to finish. To find out more, contact Sarah Troske at sarah@pickettstreet.com. For now, here’s some insight from the class into how to secure financing to buy a home. 1. Conventional loans Available with both fixed and adjustable…Read more
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Why Buying a Home Is Easier Than You Think: A Conversation with Margaret Smith
June 21, 2018 /You may have heard of Margaret Smith. She’s the Director of Operations for Pickett Street and social-media-extraordinaire. She’s also an incredibly inspiring woman who knows how to focus and go after what she wants. This week I was able to chat with Margaret about her experiences buying and renovating her duplexes and about her home-buying hacks. Margaret says that you shouldn’t hesitate to reach out to her with questions at margaret@pickettstreet.com. To get in touch with the Pickett Street team, contact them at info@pickettstreet.com or (425) 502-5397. In the meantime, here’s what Margaret had to say. On her secret to making money and paying off her mortgage: I got this idea from Cody Touchette with Caliber Home Loans. I started with Pickett Street in November 2012. I walked into a rambler Pickett Street was selling that Winter, and I started to cry. I realized that I might not ever buy a home with a partner (hardly anything to cry about, and yet I did!). I cried because I wanted to own a home, and I literally had no idea how to make it happen on my own salary. So one day before a class we were holding, Cody told me if he could…Read more
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Seattle Summer Real Estate Update
June 18, 2018 /What are you up to this summer? I sincerely hope that, whatever your plans are, they involve eating good fresh food, getting out on the water, slowing down, and doing a whole lot of nothing with your favorite people. Perhaps your summer plans also involving buying a home, selling a home, or engaging in some other part of the real estate world. So, while you’re enjoying a cool beverage, here is a Seattle area real estate update. Also keep in mind that the first thing you should do is contact Pickett Street at info@pickettstreet.com or (425) 502-5397. They have the know-how and the skills to help you navigate real estate with as little stress and as much enjoyment as possible. 1. Mortgage rates increased. According to Freddie Mac, the 30-year fixed rate mortgage recently rose to 4.62%. (One year ago, this rate was 3.92%.) The 15-year fixed rate mortgage rose to 4.07%. (One year ago this rate was 3.18%.) The plus side of this is that mortgage application activity has also declined, which may mean less competition if you are looking to buy a home this summer. However, according to economist Joel Kan, “government applications increased, driven largely by increases…Read more
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Escape City Life with This Modern Country Dream Home
June 8, 2018 /When I checked out Pickett Street’s latest listing–a custom-built home located in Arlington–I actually gasped out loud. I beckoned my partner over to take a look. This is it, I thought. This is the country dream home. The property sits on a lush, canopied ten acres. I love the home’s rustic beauty, with those wooden beams and the enormous stone fireplace that speak of cozy mountain lodges and quiet country homes. I also love that the architecture pairs this rustic beauty with modern sleekness–luxurious bathrooms, immaculate appliances, and other shiny details. Below is more information about this listing, as well as the surrounding area. To take a look at the property, or for other real estate information, get in touch with Pickett Street at info@pickettstreet.com or (425) 502-5397. 1. The listing: This home has three bedrooms and three and a half bathrooms–each bedroom has an en-suite bath. The master bathroom has two sinks and a gorgeous jetted tub. The first floor has hardwood floors, cathedral ceilings, and floor-to-ceiling windows. My favorite detail is the large gas fireplace framed by windows looking out onto the lawn. I’m imagining a snowy winter evening spent cooking and reading curled up around this fireplace.…Read more
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Four Smart Ways to Prepare for a Home Inspection
May 30, 2018 /A good home inspection should provide you with information about a home's current condition. The inspector's job is to do a general analysis of the entire home, not go over the home with a fine tooth comb. If something looks like it needs further investigation, the inspector will recommend hiring a specialist, or contractor. The inspector will also provide a general timeline of the lifespan left on the home's major systems, providing you with information about future upkeep for the home. To connect with a quality agent, get in touch with Pickett Street today (info@pickettstreet.com or (425) 502-5397). Additionally, to help you make sure you get the most out of your home inspections, here are a few tips. For Buyers: 1. Research your home inspector. As a millennial, I can’t buy anything these days without obsessively reading reviews online. For example, I just spent 30 minutes researching backyard doggie pools on Amazon. While I might be taking consumer research to the extreme in this particular instance, finding a good home inspector definitely requires careful research. Here are a few questions to keep in mind when researching your home inspector: How long have they been inspecting homes? How many inspections have they performed?…Read more
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Three Things to Know About the New Mayor of Everett and Its Plans for Growth
April 27, 2018 /Last fall, Everett elected its first female mayor. Cassie Franklin, who grew up in the Northwest and received her bachelor’s degree at Lewis and Clark College, beat candidate Judy Tuohy by just 198 votes. Here's some more information about this new leader in the Seattle area. 1. Franklin aims to tackle homelessness and has extensive experience with this issue. Before becoming mayor, Franklin was the CEO of Cocoon House, which is a nonprofit organization dedicated to helping homeless and at-risk youth through outreach and housing options. Under her leadership, this organization grew into a regional leader. Franklin now hopes to use her experience working with Cocoon House to improve Everett’s homeless community. Franklin promises to expand the city’s Safe Streets program, which connects homeless individuals with access to treatment for addiction and mental illness, employment opportunities, supportive housing, and other services. 2. Everett is ready to explode, and Franklin wants to help. Everett’s economic resources are obvious: one of Boeing’s major facilities is located here, and the city is also home to the Port of Everett, Naval Station Everett, Providence Regional Medical Center, successful schools, Everett Community College and, WSU Everett. As Franklin commented, “Everett is poised for prosperity.” However, the…Read more
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Podcasts, Free Classes, and More: Pickett Street’s Spring Calendar
March 30, 2018 /No one knows how to throw a party like Pickett Street. And by “throw a party,” I mean, treat their clients and team members with respect, compassion, and professionalism, host and participate in local and national events, and engage in the real estate market in endlessly fun and innovative ways. With spring in the air, the Pickett Street team has several exciting events up their sleeves. Want to join in? Get in touch with the team at (425) 502-5397 or info@pickettstreet.com and check out the list of upcoming events below: First-time Home Buyer Class When: Tuesday, April 17th @ 6-7:30pm Where: 22614 Bothell Everett Hwy. Bothell, WA 98021 As a hopefully-soon-to-be-homebuyer, I’m seriously considering skyping in for this event. Not only will there be refreshments, this entirely free (!) class will feature the Pickett Street team and Cody Touchette from Caliber Home Loans. The class will cover the home buying process from start to finish, with information about loan and financing options, down payment options, and what you need to know about the current real estate market. Contact Sarah Troske at sarah@pickettstreet.com with any questions or to sign up. 2nd Annual Pacific Northwest Operations Retreat When: April 5th through April…Read more
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Seattle Real Estate Update: What to Expect in Spring 2018
March 22, 2018 /I took a walk around my Denver neighborhood last weekend and–in addition to Colorado’s usual bizarre spring weather of sunshine plus wind and snow–noticed several open houses and even more for-sale signs posted in front yards. The spring buying season is here. As we enter this season, here’s the latest Seattle real estate and mortgage news. 1. Mortgage rates decreased. After increasing throughout January and February, long-term mortgage rates recently slipped from 4.46 percent to 4.44 percent. (This time last year, the long-term mortgage rate was slightly lower at 4.3 percent.) Fixed-rate mortgages also recently decreased from 3.94 to 3.9 percent. These decreases are good news for those buying or selling homes right now; lower mortgage rates tend to motivate individuals who are on the fence to finally buy. 2. Interest on home loans is still partially deductible. Many homeowners have had questions about how the 2017 Tax Cuts and Jobs Act would affect their ability to deduct interest from home equity loans and lines of credit. (Check out our blog post from earlier this year for more about how the Tax Cuts and Jobs Act will affect you). Responding to these questions from homeowners, the IRS recently issued a…Read more
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Kenmore’s Moorlands Neighborhood: Country Living With Modern Conveniences
March 9, 2018 /This week, I get to talk about one of my favorite things to write about for Pickett Street: listings for new homes. I love interior design, and I find it very exciting to imagine the family or individual who gets to call each new listing their home. And this newly listed 4-bedroom, 2.5-bath, 2,200-square-foot Moorlands home is particularly lovely. With hardwood floors, an open floor plan, a spacious kitchen, a gas fireplace, and a master bedroom with a big walk-in closet, double sinks, and a soaking tub, the home’s features radiate comfort and peaceful living. Other perks include a large deck, a fully fenced backyard, and a highly convenient location. Kenmore’s Moorlands neighborhood sits between Inglemoor and Inglewood. Tucked away in the northeastern corner of Lake Washington, Kenmore was founded in 1901 by Scottish settlers, which perhaps explains the origins of the neighborhood name. While it doesn’t exactly have foggy moors or Scottish castles, the city is home to excellent schools in the Northshore school district, beautiful parks, and a generally safe, peaceful atmosphere. Here’s some more information about the listing and the area. (Make sure to also check out our neighborhood profile on Kenmore.) Neighborhood Vibe In 2018, Kenmore…Read more
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Three Reasons To Fall in Love with Real Estate
February 15, 2018 /While we’re celebrating love this week–whether that’s enjoying a candlelit dinner with your partner, grabbing pizza with friends, or snuggling up on the couch with Netflix and takeout–let’s talk about other forms of love. Namely, let’s discuss love for investing in real estate. In my time working as a writer for Pickett Street, I’ve witnessed and felt inspired by how much everyone on their team truly loves working in the real estate world. I’ve also learned that there is something magical about investing in real estate. This is not to say that this investment doesn’t have its challenges–like all things worth loving, it does–but to say that it’s an incredibly rewarding lifelong practice. If you’re already thinking, “Yes! I’m in love! Sign me up!”, then get in touch with Pickett Street ((425) 502-5397) or info@pickettstreet.com) to buy or sell a home in the Seattle area. If you need more convincing, here are three reasons to love real estate. 1. Owning property generates income. Forbes notes that one of real estate’s main benefits is that it allows you to generate significant income without having to sell your investment. While stocks and bonds both yield about 2%, real estate allows you to…Read more
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What to Know About the 2017 Tax Cuts and Jobs Act
February 9, 2018 /Recent changes stemming from the Tax Cuts and Jobs Act may feel, as taxes sometimes do, a bit confusing. Luckily, Pickett Street and their preferred mortgage lender Cody Touchette of Caliber Home Loans are here with the breakdown of how recent tax changes will affect you. Keep in mind that most of these changes will not affect you until it's time to file 2018 taxes (the taxes you will file in 2019). For more information about the Tax Cuts and Jobs Act, Cody recommends this helpful link. 1. Standard deduction. According to the Washington Post, the new tax law increases the standard deduction to $12,000 for single filers and $24,000 for joint filers. This means that, for many homeowners, it will no longer make sense to itemize deductions. Zillow broke it down for the Washington D.C. area: under the old tax law, it made sense for 98 percent of homeowners to itemize, while under the new law, it only makes sense for 64 percent of homeowners to itemize. 2. Mortgage interest deductions. If you bought your home on or after December 15th, 2017, then you can claim a maximum interest of $750,000 for each secured primary residence. If you bought your home before December 15th,…Read more
