And the winner is…

Pickett Street Properties is proud and honored to announce that all 4 of us just received the “2009 – 5 Star Realtor Award, Best in Client Satisfaction,” recently published in Seattle Magazine. This is a great honor for us – because our greatest desire is to serve our clients incredibly well. Only 758 local Realtors received this award of the over 20,000+ licensed Agents in our area.

Here’s how the awards are determined:

First, over 22,500 people who recently bought or sold homes were surveyed by mail and phone.  Next, professionals in the mortgage and title industry were surveyed for their nominees.  Stacks of surveys were received, screened and scored by Crescendo Business Services.  Finally, a blue ribbon panel of local industry experts reviewed the finalists list – and the winners were announced!

Those surveyed were asked to evaluate their nominees based on nine criteria:  Customer service, communication, finding the right home, integrity, negotiation, marketing the home, market knowledge, closing preparation, and closing satisfaction. We want to thank our clients and those we work with for nominating us.  We are thrilled with the awards, and will continue to do our best to exceed our clients’ expectations and goals.

Several Agents we know keep telling us how lucky we are.  I think Thomas Jefferson said it best: “Luck is a dividend of sweat.  The more you sweat, the luckier you get.”

While many in our area continue to complain that “nothing’s happening” – and that the real estate market is “still dead” – we beg to disagree: As a team, we currently have 15 homes Pending, and many more homes For Sale that are receiving regular showings!  And as a team, we’re currently helping  12 different Buyers find great homes and properties all over Puget Sound.

Finally, I’d like to quote one of my kids’ favorite burger-makers, Ray Kroc (founder of McDonalds): “If you work just for money, you’ll never make it, but if you love what you’re doing and you always put the customer first, success will be yours.”

We do love what we’re doing.  We strive to put our customers’ goals first.  And we’re thrilled to serve our clients, and to earn success. We’re proud to be winners!   And we’re looking forward to helping many more clients win in 2010!

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Immaculate Rambler on nearly 10 acres! Just thru the gated entry- a slice of private paradise. Situated atop a knoll on almost 10 acres, this 3bedroom, 2.75ba immaculate rambler beams with pride of ownership. Inside are generous spaces including an entertainment size kitchen w/eating space, a separate dining room, living room and family room each with cozy gas fireplace. Attached 3 car garage AND detached 3bay shop/RV/Boat parking. Covered back aggregate patio for “any season” bbq’ing. Standby 13KW *natural gas* generator means you’ll always have power!

List Price: $750,000 <–HUGE price drop!!!

MLS#: 4913

Address: 12711 238th St SE, Snohomish, WA 98296

Bedrooms: 3

Bathrooms: 2.75

Square Feet: 2750

Price/Sq. Ft: $345.45

Year Built: 1996

Taxes: $7,289 (2009 Tax Year)

Heat Source/Type: Gas / Forced Air; 2 Fireplaces / Gas

School District: Monroe
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Call Lisa Bender at 425-770-4438 or Jesse Moore at 425.876.0766 or Dennis Pearce at 206.931.9945 for more information.

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Frank Lloyd Wright aficionados! Nestled in a quiet cedar grove, commanding a bough-filtered golf-course view, you’ll find this classic 3 bed, 2.75 bath Mid-Century Modern home tucked into Bothell’s hillside Valhalla neighborhood. Offering 2660sf of striking modern architecture; the trademark straight roofline, raised clerestory windows, brick facade, wide-plank cedar siding, and elegantly simple design blending harmoniously with the natural surroundings. Many recent upgrades and community pool.

List Price: $500,000
MLS#: 4085
Address: 9408 Odin Way Bothell, WA 98011
Bedrooms: 3
Bathrooms: 2.75
Square Feet: 2,660
$/Square Ft: $187.97
Year Built: 1963
Taxes: $5,027
School District: Northshore
Elementary School: Moorland elementary
Middle School: Northshore Jr. High
High School: Inglemoor High School
Property Flyer: MidCenturyModern flyer.pdf

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I just listened to a great call with an eye towards what we can expect in the year 2010 in the housing and rate market.  A great point was brought up about the cost of waiting.  Right now the government has pushed some major incentives into the market.  In December of 2008 the government announced a purchasing program that pushed rates roughly 1% lower than where they were the previous month, and had been for almost a year.

The Government is also allowing for a TRUE TAX CREDIT of $8000 for first time home buyers that is set to expire in April.  These 2 things can make a huge difference for a first time home buyer.  If you wait to buy and rates go up the roughly 1% that most experts are forecasting, you would be looking at a cost of about 5% of your loan amount upfront to buy down your mortgage rate back down to current levels, on a $200,000 loan that is $10,000.  Add to that the loss of the tax rebate, that is nearly $20,000, or about 10% of the purchase amount.  A more impressive number is the lifetime cost of a mortgage that is 1% higher than the available rate today.  The 30 year cost of a $200,000 loan with a 1% rate increase is $45,000.

This is a call to action, if you are debating buying your first house, or moving up to a larger home, please consider the cost of waiting.

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