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Posts made in 2011

  • Rising rental market good indication for housing market in the Puget Sound

    May 19, 2011 /
    Pickett Street Properties Team /

    Two articles published this week indicate that after four years of a struggling real estate market, perhaps things are on the rebound in the Puget Sound. An article entitled "Expect 'new highs' for Seattle apartment rents" published in the Puget Sound Business Journal on May 13th states that the generation of new jobs, slow new construction starts, and low vacancy rates could push rental rates up almost 4% this year. This sentiment is echoed a similar article entitled "Renters finding landlords have upper hand in this market" published by The Seattle Times on the same day. The Times story is a little more allegorical, detailing the struggles of local residents as they adjust to a stronger rental market. A strengthening rental market is a good indication of a coming housing recovery, as higher rents will prompt more buyers to look to the affordability of home ownership. The largest growing segment of our clientele are investors buying homes to either hold or rehab - yet another indicator that our market is on a path toward recovery.Read more

  • Auction opportunity: Ranch or equestrian property in Snohomish

    March 20, 2011 /
    Pickett Street Properties Team /

    Every week over 150 properties are scheduled to go to auction (trustee's sale) in Snohomish County. On Friday, March 25th, a property in rural Snohomish is scheduled to sell on the courthouse steps, and it represents a great opportunity for anyone wanting acreage or equestrian property for under $275,000. The structure is a daylight rambler with over 3,400 square feet of living space, with 4 bedrooms and 2.5 bathrooms. The home needs a little TLC, but the real appeal of the property is the 15 acre lot. For those looking for equestrian or even small ranch potential, this is a unique opportunity to buy horse property wholesale. We have investors that will loan cash to qualified buyers on the day of the auction, and even a resource to start an automatic refinance into a contemporary home loan after you purchase the property. The property is occupied, and we want to be sensitive to the situation that the owner is facing, so we're only making further information available to those that schedule a personal consultation to go over the details. If you're interested in learning more about this property or taking advantage of opportunities similar to this, please fill out the…Read more

  • Andy O’Shea & Jesse D. Moore – 5-star agents 3 years in a row!

    February 1, 2011 /
    Pickett Street Properties Team /

    For the third year in a row, Jesse D. Moore and Andy O'Shea were selected by Seattle Magazine as 5-Star Real Estate Agents, Best in Overall Satisfaction. The designation is given to less than 7% of the agents in the Puget Sound market, and even fewer have won it for 3 consecutive years in a row. In addition to this, Andy and Jesse finished the year off as the #1 and #3 agents in their office of 142 agents in 2010 (Keller Williams Realty Bothell). Andy ended up as the tops agent overall, and Jesse as the top resale listing agent overall. Pickett Street Properties was the top team for the largest office in Snohomish County, closing 80 real estate transactions in 2010, and we expect to do even greater things in 2011!Read more