I worked up this spreadsheet to show some stats for properties they’re looking at and give them a sense of current market conditions. I figured since I’d done all the work, I’d share it more broadly.
I only pulled data on houses with 3+ bedrooms and 1.5+ bathrooms, and threw out a couple data points that were outliers. The purpose of this spreadsheet was to advise strategy on pricing a competitive offer, so it’s curated to highlight the elements important to that decision.
Questions? Interested in a similar workup for your neighborhood? Let me know.
Mountlake Terrace Sold Price Stats
We’re just a couple weeks out from this seminar, and advanced registration is very useful. I’ll go ahead and quote the previous announcement for an updated description.
This is a great class to take, especially for first time home buyers. It covers a ton of material, including whether you should buy, how to budget, how to get a mortgage, and how to find a house. The class is free and doesn’t come with any obligations. I literally will not even send you a “Thanks for coming,” after the class unless you explicitly give me permission to. This is about giving you information that’ll help you make the right choices for you.
It also meets the education requirement necessary to qualify for WSHFC commission programs. If you’re a challenged buyer (meaning low income, low savings, or shaky credit), these programs can be a huge help. The class is worth going to on its own, but this is a big bonus.
The class is happening in the big meeting room of the Rainier Beach branch of the public library. This time I’m teaching with Jan Watkins from AP Mortgage. RSVP to me for a seat and I’ll get you registered.
June 23, 2:30pm – 7:30pm
Rainier Public Library
9125 Rainier Ave S, Seattle, WA 98118
The Washington State Housing Finance Commission has a lot of opportunities for first time and low income home buyers to help them get into homes. This kind of help can be especially helpful when trying to buy in the tough market in and around Seattle. For purposes of many of these programs, looking in these areas, low income means under $96,000 for the household.
To qualify for the programs, buyers have to take a five hour buyer education seminar. I’m one of their certified instructors for these seminars, and I’ll be co-teaching one with Joshua Horner of Caliber Home Loans at their East Lake location. The event will be from 11-5 and RSVP is required. Contact me if you’d like to attend – seating is limited, but I’ll start a waiting list if we fill up.