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Posts Tagged "market"


  • The Highlights: A Local Business or Community Member

    June 25, 2018 /
    Pickett Street Properties Team /

    Pickett Street Properties is dedicated to serving the community and would like to highlight businesses and community members that are dedicated to doing the same. Our first highlight is very special as he is the husband of our Lead Buyers Agent, Jillian Farrar.  Mark Farrar became a firefighter/EMT about 3 years ago with the Everett Fire Department. He is one of the kindest, most genuine people we know.  Read on below for Mark's story on how he decided to become a firefighter: "My name is Mark Farrar and I have been a firefighter/EMT with the Everett Fire Department for about 3 years. My journey to this line of work started about 15 years ago after my father and I were involved in a high speed roll over on the I-90 in rural Montana. Both of us received only minor injuries but this was the first time I was put in a situation to help someone else in a real crisis moment. I have always had an interest in helping people but in that moment, I knew I had a higher calling. With strong encouragement from a friend I joined a local volunteer fire department, became certified as an EMT-Basic and starting…Read more

  • Why Buying a Home Is Easier Than You Think: A Conversation with Margaret Smith

    June 21, 2018 /
    Pickett Street Properties Team /

    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

  • Attention All Foodies: It’s Farmers Market Season!

    June 1, 2018 /
    Pickett Street Properties Team /

    Occasionally my partner sweetly suggests that we buy salmon to cook for dinner, and every time he does so my inner Pacific Northwest food snob kicks in. Because I spent most of my life in the Seattle area, and because I now live in Colorado, which–just to be clear–could not be more landlocked, I always turn up my nose at eating seafood. “Are you kidding me?” I always scoff at him, sounding like a real brat. “I’m from Seattle.” With the exception of river trout, eating fish in Colorado simply cannot compare to eating fish in Washington State. Eating good salmon or oysters in the Pacific Northwest is like eating mermaid ambrosia pulled straight from the sea and plopped directly onto your plate--so fresh, briny, and rich. My summers growing up in Washington revolved around food. My parents' yard overflowed with wild raspberries and blackberries. We spent many days on the Puget Sound digging for razor clams to fry or bake or add to linguine or chowder. On more ambitious days, we lay on our bellies during low tide and shove our hands deep into the mud to catch geoducks. One summer, I remember going to the Ballard farmers market…Read more

  • Four Smart Ways to Prepare for a Home Inspection

    May 30, 2018 /
    Pickett Street Properties Team /

    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

  • Experience Vs. Innovation: Three Tips For Choosing a Real Estate Agent

    May 11, 2018 /
    Pickett Street Properties Team /

    I was recently chatting with an old friend when the conversation turned to real estate. I congratulated her and her fiancé on buying their first home together. “How’d you do it?” I asked. It was, after all, only seven years ago she and I were broke English teachers living in France, drinking two euro bottles of wine and eating nutella straight out of the jar on the floor of our 150-square-foot, unfurnished living quarters. Those were indeed classy times. “Honestly,” she said. “Our real estate broker saved our @** with his helpfulness.” Pardon my friend’s French there, but her enthusiasm about working with a great agent demonstrates how important it is to choosing a real estate agent who can advocate for you during the home buying process. According to the National Association of Realtors, 87% of buyers purchase their home through a real estate agent or broker, which is a significant increase from 69% in 2001. So, what should you look for in a real estate agent? Some experts say it’s important to find an older agent who has more experience, while others say you should look to younger agents for their knowledge of technology and the evolving market. Pickett…Read more

  • Kenmore’s Moorlands Neighborhood: Country Living With Modern Conveniences

    March 9, 2018 /
    Pickett Street Properties Team /

    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

  • Three Reasons To Fall in Love with Real Estate

    February 15, 2018 /
    Pickett Street Properties Team /

    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

  • What to Know About the 2017 Tax Cuts and Jobs Act

    February 9, 2018 /
    Pickett Street Properties Team /

    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

  • Hi, I’m Ansley, And I’m a First-Time Home Buyer

    January 26, 2018 /
    Pickett Street Properties Team /

    I’ve been writing for the awesome Pickett Street Properties Team for nearly a year now, and it seems I’m overdue for a personal introduction. Hello! My name is Ansley. I’m a teacher and a writer. I'm also a first-time home buyer. I spent most of my life in the Seattle area before moving to Colorado for graduate school. While I fell hard for Colorado’s snowy mountains, sunshine, and blue skies (seriously--you haven’t seen the sky until you’ve experienced it out here!) it’s my dream to move back to the Seattle area. I’m good at drinking a lot of coffee while watching the Great British Baking Show and reading New York Times articles in bed. I’m also good at whining at my partner to bring me things like socks and chocolate and more coffee so that I don’t have to get out of bed. I’m lucky that I have the most patient partner in the world. I love running and hiking in the mountains with my deaf puppy. I love learning and writing about the world in all its complexities. And now, a personal anecdote. A few weeks ago, my partner and I received the catering contract for our upcoming June…Read more

  • Seattle Real Estate Update: What to Expect from 2018

    January 15, 2018 /
    Pickett Street Properties Team /

    As you let go of 2017, look forward to 2018, and reassess your life and goals, you may wonder what’s in store for the Seattle real estate market over the next year. 2017 was an exciting and wild year; Seattle was named the hottest real estate market in the country and home prices rose 13.4 percent, which is more than twice the national average rate of 5.9% for home price growth. So, if you are looking to buy or sell a home in the greater Seattle area, what can you expect from the market over the next year? First, you should find a great agent who can help you. Second, check out these predictions for the coming year. 1. Lower mortgage rates will make it easier to buy a home. Long-term mortgage rates recently fell from 3.99% to 3.95% (a year ago the averages rates were 4.20%). The average rate for 15-year fixed-rate mortgages also recently fell from 3.44% to 3.38%. According to the Seattle times, these relatively low rates can help homebuyers offset the rising costs of real estate and make it easier to afford a home. 2. Seattle, in case you haven’t heard, is very cool. According to…Read more

  • How to Take the Leap and Invest: A Conversation with Cody Touchette

    December 7, 2017 /
    Pickett Street Properties Team /

    While investing in real estate is one of the best ways to build wealth, getting started can often feel intimidating. However, this exciting process is much more accessible than you think. In fact, one of my favorite parts about writing for Pickett Street has been learning from their wonderful team and realizing that investing in real estate is not just for experts in real estate and finance. I was recently able to talk with Cody Touchette, who is a mortgage planner with Caliber Home Loans and provides clients with expert guidance during their home financing processes. Here’s what he had to say. 1.  Why is investing in real estate a worthwhile endeavor? According to Cody, there are four main benefits to real estate as an investment: cash flow, appreciation, leverage, and tax benefits. First, investing in real estate through buying your own home, purchasing a property to rent to others, or other options, is a great way to receive immediate cash flow that can help you purchase more property. Second, regarding appreciation, Cody reminded me that real estate has always increased in value over time, if you look at a long period or time. While the market experiences normal ups and downs, appreciation on real…Read more

  • Pickett Street Properties Gives Gratitude for 2017

    November 21, 2017 /
    Pickett Street Properties Team /

    My favorite part about Thanksgiving is the chaos: family members bickering while on hour three of Settlers of Catan, something burning in the oven, the dog stealing turkey off the counter, a holiday song sung terribly out-of-tune. These sweet, funny moments of imperfection are, I believe, life in its purest form. They remind me of all the people, relationships, and tiny moments for which I feel grateful. So, in the spirit of the season, let’s talk about gratitude. Multiple scientific studies have shown that gratitude improves sleep, psychological health, and physical health. Basically, gratitude is one of the keys to a happy life. I recently interviewed the Pickett Street team to find out what they’re grateful for this year. I’ll start. I’m grateful for my partner, who makes me coffee and brings it to me every single morning (seriously, what a hero!), for my healthy body that lets me do yoga and climb mountains, for my undergraduate students, who are funny and inspiring and give me hope in the world, for the great companies with which I work (such as Pickett Street!), and for my sweet dopey pitbull puppy. Here’s what the team at Pickett Street had to say. Christi Samaniego, Listing Coordinator…Read more