Contact Us

text: (425) 502-5397
email: info@pickettstreet.com

Posts Tagged "Off market homes"


  • Seattle Summer Real Estate Update

    June 18, 2018 /
    Pickett Street Properties Team /

    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

  • Buying Off-Market Homes: A Conversation with Nicole Leong

    April 10, 2018 /
    Pickett Street Properties Team /

    It can feel frustrating to dream about your ideal home and then struggle to actually find this home. This frustration is especially real in places like the Seattle area, where the highly competitive real estate market takes some patience (and amazing real estate agents!) to navigate. Because they understand that, for some individuals, dream homes aren’t always where they expect, Pickett Street is able to help their clients purchase off-market homes. While you might be thinking that an “off-market” home involves chatting with a trench-coated individual in some dark alley, the actual process is much more straightforward. I was recently able to chat about buying an off-market home with Pickett Street’s wonderful buyers agent Nicole Leong. Here’s what she had to say. (For more about finding your own off-market home, get in touch with Pickett Street at (425) 502-5397 or info@pickettstreet.com.) What exactly is an “off-market” home? An off-market home is a property that has not been listed anywhere. In an off-market real estate transaction, the seller might consider selling their home if presented with an acceptable offer. Nicole points out that an off-market home is different from a “for sale by owner,” or FSBO, home, which is a property…Read more