Queen Anne real estate market has always been a hot one due to the highly desirable location and charming properties but it has never been hotter!  The combination of the attractive values and historically low mortgage rates is bringing a lot of buyers that were sidelined during the boom and really propelling the Queen Anne real estate market.  Why now?  Queen Anne has always been a highly sought – after neighborhood to the fact that it’s a well – established “suburban” close to Downtown and home to some of most beautifully preserved homes full of charm, character, and history that you won’t find in other neighborhoods.  Queen Anne is also home to some of the most prestigious streets and zip codes in Seattle.  My clients are I are noticing that pretty much any properties that are priced well are receiving multiple offers thus reinforcing the popularity of the Queen Anne real estate market.  My favorite part of Queen Anne is of course soaking in the beautiful Seattle skyline and the Puget Sound at the Kerry Park.

Queen Anne Real Estate Market

What is the “prime” Queen Anne real estate parameter?

-         10^th Ave W/Olympic Way W/W Olympic Pl to the west.

-        Taylor Ave N/5^th Ave N to the east.

-        Valley St. to the south.

-        W McGraw St. to the north.

I did a general search for that parameter and here are some interesting statistics:

-        Total of only 22 active listing of single family homes.

-        Of the 22 active listings, only 8 were priced at or under 800k (competitive price range).

-        Total of only 19 active condo listings priced at or under 500k.

There has never been a more opportunistic time to get into Queen Anne real estate market and own a piece of history and be part of the most prestigious community in Seattle.  Don’t get sidelined again and contact me for a complimentary consultant and get in the game TODAY!

Queen Anne Real Estate Market

ABOUT CHRISTY KIM

It occurs to me that there are some definite differences between the big box real estate companies that you always see in the media and the smaller firms that are in the market.  The big firms make you fit into their box and some make you qualify with them before they will even take you out to see houses.  Oh and you have to sign an agreement to only use them.  They are great in the neighborhoods that they operate in as they are promoted as “neighborhood experts” but what happens if you don’t exactly know where you want to live and want to see other areas.  Hmmm, could be a problem.  The other issue is just because your friend, relative, neighbor is an excellent realtor for the big box real estate company where you are, does that mean that the person on the other side of the country is equally as good.  There are no guarantees as to the competence of realtors in a big box real estate company.  So it is imperative that buyers get a hold of “Buyers Realtors” in the community that they are looking, to find someone that is willing to work for you before you move.

What are “Buyers Realtors”?  These are agents/brokers, states like to mix these terms so I’ll call them realtors, who work mainly with people looking to buy a home.  Most of the big box real estate buyers realtors are again neighborhood experts that know everything within their neighborhoods.  But, cross over into another neighborhood or city and most won’t know as much as someone that works in that area.  The smaller company buyers realtors will go wherever they need to and may not know as much minutia about an area but will know about or be able to direct you to the website that can give you the information.  Ever wonder about schools, gyms, parks, in different areas?  All of this information is available and a good buyers realtor will get it to you.  There have been an occasions when someone doesn’t know the different communities and aren’t really sure where to live but they work in downtown Seattle, for instance.  What happens then?  Think a neighbor expert will know where you want to live?  Well certainly…in their area.  What if it’s not convenient or you want to use mass transit and it is not where you want to be?

Here are some things that buyers should consider: First, who’s going to know more about a variety of areas in the general vicinity of where they work?; Secondly, how soon is the relocation planned for; Thirdly, who is able to give you insights into the different areas that you are interested in; and Finally, who wants to assist you.  Many of the websites out there are good for looking up properties and most will have a realtor attached to them, that will contact you.  Don’t be afraid of talking to someone about what you want.  It is one of the biggest purchases that you make in life so get someone that can help you find the home that you really want.  As I said earlier, find someone to work with before you move.  In this way, you will find out how much they know and what their ability is to look outside their office area.  Depending on the realtor, you may even be able to eliminate some areas without even being there yet with the information that you get from them.  If you like to get paper resources, some firms will send you “relocation packs”  which are filled with some information about the areas that you might want to consider.

Good hunting!

Please let me know if I can assist you.

Zillow reported that homes in Portland’s Hillside neighborhood were more frequently searched than homes in any other U.S. neighborhood tracked by Zillow during that month. Zillow has created a database of thousands of neighborhood boundaries for the largest U.S. cities.

Seattle area’s Laurelhurst, and Montlake were the two most sought after areas in the hottest neighborhoods in Seattle real estate.               

It’s well and good to learn from a lecture. But rarely is a lecture life-changing.

Washington is called the evergreen state. We love our trees, the great outdoors and our planet. We are a hardy people. And we have two universities (colleges) that are in the top 10 for sustainable practices and learning.

The University of Washington is ranked number 1 in the country. Every building completed since 2006 has earned LEED Gold. All appliances bought are Energy Star rated. And the hydro-powered campus runs 3 farms, an extensive recycling program, and the conservation-research hotbed Pack Forest. The university is located on a fresh water lake in Seattle that had problems with algae bloom from residential sewage run-off.  The city of Seattle, like many cities with overburdened treatment centers, encouraged the University to reduce water use on campus. As an incentive, the city offered a rebate of $120 per water fixture that the university replace with new water saving equipment. So they retrofitted their plumbing to save water, conserve energy and be “green.”

Forty percent of UW’s food budget is spent on local items, according to the green report card. They use mostly cage free eggs and natural milk. The school composts their food waste, which keeps it out of the landfills. The Bothell campus uses goats to control weeds on their grounds.

All campus community members participating in the U-PASS program receive unlimited public transit passes and discounts on carpool permits and the car-sharing program. Student government runs a nonprofit bike repair shop, and 88 percent of students and 62 percent of employees commute via environmentally preferable means.

The Evergreen State College is ranked number 9 nationally. This non-traditional college breaks the mold in so many ways. Our middle son attended this college to obtain his Bachelor of Science degree and he received graduate level education with exceptional professors.

The Evergreen State College, in Olympia, Washington, aims to reach carbon neutrality by 2020. Though it’s campus is currently one-third coal powered, students pay a self-imposed fee of $1 each academic quarter to buy renewable energy credits to offset the college’s electricity consumption.

Evergreen’s Organic Farm is located on a 5 acre section of campus. The plot includes the farmhouse, Demeter’s Gardens, Community Gardens, the Biodiesel facility, the compost facility, the workroom, tool shed, greenhouses and the 38,000 square foot production area of the Organic Farm.  The Organic Farm crew works all year round to plan, plant, maintain and harvest the various crops grown.  The Compost Facility is used to turn farm waste into compost for fertilizing the production area of the farm.  During the growing season the Organic Farm’s produce is sold at the Organic Farm Stand on Red Square at Evergreen, at The Organic Farm during business hours and through our Community Supported Agriculture Program.  Excess produce and plant starts are donated to the Thurston County Food Bank.

The school has an extensive composting project as well as a comprehensive recycling program.

According to The Evergreen State Paper Policy, it  is committed to using environmentally benign products and technologies whenever possible.

Ride Share and alternative forms of transportation are part of Evergreen’s sustainability. Student fees pay for and allow all students at Evergreen to ride the bus in and around Olympia and Thurston County an unlimited number of times each quarter by showing their student ID. By registering in a database of Evergreen commuters, the ride share program allows students, faculty and staff to match their schedules with people who live close by and facilitates contact to set up new carpools.

Ban the Bottle is a campus-wide initiative to raise awareness in The Evergreen State College community about the negative impacts of plastic bottles on social, environmental and economical health as well as alternative, safer options for drinking water. The long-term goal of this initiative is to discontinue the purchase of plastic bottled water on campus and provide re-useable water canteens and to install bottle fill stations across campus.  Evergreen has switched all of their disposable ware to compostable products. They have also eliminated trays, saving countless gallons of water. The school supports local farmers and producers, using organic whenever possible.

Students can opt to live in the sustainability house,  made up of a community of students committed to a living an environmentally conscious, socially just, and sustainable lifestyle. Residents of the Sustainability House complete 5 hours of sustainability-related service each month to the campus and house community.

The lessons students learn from these sustainable practices will be carried throughout their lives and potentially impact the world.

Seattle Area Real Estate

If you’re at a time in your life where it makes sense to invest some time and effort into optimizing your credit score, here are five common credit myths we’d like to help you bust without further ado:

Myth #1:  Having lots of cash, a great income, or tons of equity, makes your FICO score less relevant.

Fact:  No matter how much cash you have, if you want a mortgage, you must meet the lender’s FICO score guidelines.  Of course, if you’re flush with cash, it should be relatively easy to make your monthly payments on time.  But if you have come into cash relatively recently or you’re coming off a rough financial patch, lenders don’t not look at your credit score on the theory that your other assets diminish your credit riskiness. Most lenders want nothing more than to avoid having to foreclose on a home, even if the homeowner has other assets.

And the best predictor of whether you’ll default on a loan in the future is how you’ve handled your credit in the past, so your credit score will drive whether you qualify for a home loan and what interest rate you’re charged, no matter how much you make.

Two exceptions: if you buy a home with all cash, or take a hard money loan, which usually requires a much larger-than-average down payment and interest rate, you might be able to bypass credit score scrutiny, but you’ll pay for it.

Myth #2:  Having no debt or no late payments means you have great credit.

Fact:  Financial responsibility and good credit are two different things. Your FICO score is meant to be a measure of your responsibility when it comes to managing debt, as proven by the fact that you have credit accounts, use them regularly and don’t abuse them.

Having no credit accounts or debts doesn’t give you good credit – it gives you no credit.  And on the other end of the credit usage spectrum, being maxed out on various credit accounts all the time, submitting lots of credit applications and other credit moves that indicate you may abuse your credit can actually depress your score.  Best practice is to have several credit accounts (student and car loans count!) that you actively and responsibly use on a monthly basis.

Tip: FICO gives a top score to accounts with balances that are 30 percent of the credit limit, so if you can keep your credit card or loan account balances at or around that mark, even better.
Myth #3:  Checking your own credit score in advance prevents surprises when you apply for a mortgage.

Fact:  Your mortgage originator (broker or banker) must pull their own version of your report from their own provider, and it might have a very different score, rating scale or even different line items than the free or paid report you pulled online.  This is why it’s imperative to start working with a mortgage professional as early as possible – a year in advance is not overkill – so you can detect any errors or issues and get their recommended fix in the works with plenty of lead time.

Myth #4:  If you’ve had a foreclosure or short sale, your credit report will be damaged for 7 years.

Fact: Derogatory credit items, like late mortgage payments, foreclosures and short sales, appear on your credit report for 7 years, but your credit score can be rehabilitated enough to buy a home or obtain other credit in less time, depending on your circumstances. Your post-short sale or foreclosure waiting period depends on a number of things, including what type of loan you’ll be seeking to buy your next home with, how much cash you’ll have to put down and whether there were any extenuating circumstances involved in losing your home in the first place; some loans allow for an immediate purchase, others require a waiting period of 2, 4 5 or even 7 years after the loss of a home.

Of course, your FICO score is also a key criteria in a post-home loss “buy,” but interestingly enough, the length of time it takes to get your FICO score back up depends on how high it was beforehand.  Earlier this year, the New York Times reported that it would take a consumer with a 680 FICO score three years after a foreclosure to bring their score back to that level, while it might take someone with a 780 FICO score (near-perfect) seven years for full score recovery.

And keep in mind that as your foreclosure or short sale ages, its impact on your score will decrease, too

Myth #5:  Short sales have much less impact on your credit score than foreclosures.

Fact: Hear ye, hear ye – short sales and foreclosures have the same impact on your credit score, according to the FICO folks themselves. (The only exceptions are for short sales or deeds-in-lieu of foreclosure where the property was not upside down, which are few and far between, if they’re not just a real estate urban legend!)

However, the number of missed payments you had before your home was lost to foreclosure or short sale might weigh on how gravely injured your FICO score is in the process. At the going rate at which banks are foreclosing on homes – clocking roughly 2 years of missed payments before a home is repossessed – your FICO score could take an even greater hit than if you were able to divest of it via a short sale in 1 year’s time.

In these times there are lots of folks experiencing credit issues and need a good source to help them restore their credit.  We have a reliable company that we use to assist in making that happen.  For information contact ^the Cobbin Group .com and leave your contact information and we will go over your credit with you.

Wow! Where did the summer (oh, did we have one) go? It’s mid August and a new school year is just around the corner. Stores are full of back to school supplies and clothes. Times are tough – budgets are stretched thin. It’s easy to want to grab the most inexpensive supplies. Here are some ideas to make your child’s school year healthier for them and the planet.

Classroom Supplies:

• Buy cardboard or canvas binders, which are biodegradable, instead of plastic ones.

• Get your kids recycled pencils and paper. There’s even paper made out of elephant poop!

• Opt for crayons instead of markers, and white glue instead of epoxy.

• Teach kids to reuse scrap paper for drafting homework and working out math problems.

• When the teacher asks for classroom contributions, send in all-natural non-toxic items, such as antibacterial hand sanitizer, natural cleaning supplies and recycled paper tissues.

• Lobby for the school to become a paper-free school, with all information passed along via email.

Getting to and from School:

Many parents drive their kids to school and pick them up. While quick, convenient and often necessary, cars also pollute the environment. But there are ways to minimize the effects and save a few dollars in the process.

• Instead of idling in front of the school, emitting fumes and wasting gas, shut off the engine.

• Get together with friends and your kids’ classmates and carpool.

• Leave the car in the driveway and walk or bike the kids to school.

School Lunches:

• Avoid sandwich bags and plastic wrap that will end up in landfills. Put food in reusable tupperware whenever possible.

• Steer clear of packaged food that comes in individual servings. Buy items like yogurt or crackers in bulk and transport them to school in serving-size containers.

• Although straws are small, they can add up in landfills. Stainless steel straws are a little-known alternative, and are available online and in eco-friendly stores.

• When possible, use leftovers for lunches. This is a great way to avoid wasting food that may end up spoiling in your fridge.

• Pack lunches with organic and local foods and foods without added preservatives and hormones whenever possible. These foods travel shorter distances to get to you and contain fewer unhealthy additives.

• Encourage others to only use recyclable containers. Help create waste-free lunch days at school.

• Invest in a reusable water bottle to avoid packaged beverages and the waste they produce.

Clothes and Bags:

• Avoid backpacks made of nylon or new plastics, especially PVC (vinyl), and look instead for bags made from recycled materials or natural materials, such as hemp.
• Green clothing is also getting easier and easier to find, and while pricing used to make green clothing options out of the reach of most families, organic, sustainable and recycled clothing options are now often priced the same as conventional clothing. Major retailers including Wal-Mart and Target sell organic cotton clothing.
• Organic cotton makes a big difference by reducing reliance on pesticides and insecticides. Conventional cotton is grown on just 2.4 percent of land suitable for farming worldwide, but it consumes about 25 percent of all insecticides and 10 percent of pesticides used annually. Recycled cotton and polyester clothing is also cropping up in stores, and it’s a great way to maximize the use of materials and divert waste from landfills.
• Swaps and second-hand shops are also a great place to stock up on essentials, such as t-shirts, jeans, and more. Buying second-hand will help you save money, swaps let you trade up from the clothing your kids have outgrown, and both options help divert clothing from landfills and reduce demand for new clothing. Check out Buffalo Exchange in Seattle.

Check out the Sustainable Schools Coalition  in Seattle. They are working hard to put into action practices that will help the environment while saving money for Seattle Public schools.

And finally, when our tax dollars are paying for building new schools throughout our region, make your voice heard. Make sure the building is being done with sustainability in mind. A perfect example is the new Finn Hill Junior High in Kirkland. When students rush into the new Finn Hill Junior High in Kirkland, Wash., on the first day of school this fall, they will be greeted by the “Finn Hill Family,” a collection of glass figurines designed by a local artist. LEDs inside each sculpture will be wired to controls that measure the electricity, heat and water use of a particular classroom cluster.  The more energy and water students conserve, the brighter their figurines will shine. This spring, builders are installing a ventilation system that recaptures waste heat as well as tightly sealed walls of insulated panels and a rooftop photovoltaic array. Architects at the Seattle firm Mahlum designed the project to be 65 percent more energy efficient than typical schools in the area, making the case to taxpayers that investments made now will save in operating costs over the building’s 40-to 50-year lifetime.

Finn Hill Junior High sits at the vanguard of a green schools building boom driven by federal stimulus spending, local school bonds and education leaders looking to slash energy costs. As the recession-racked construction industry continues to suffer the burst of the housing bubble, green school projects offer a bright spot for builders and designers. Data research company McGraw-Hill Construction estimates that such projects totaled $16 billion last year – up from $9 billion in 2008. That’s more than a third of all school construction activity.

Seattle Area Real Estate

Are you guys taking full advantage of this gorgeous sunny weather in Seattle yet?  Seattle festivals and events in August are continuing the tradition of jam packed summer fun!  All of this really makes it up for the long winter here.  From local favorites to tourist’s annual favorites that bring them out to Seattle every summer, there is something for everyone to do this weekend! 

All of these festivals and events listed are happening in the first two weeks of August from 5^th to the 14^th.  The big fan favorite, the BLUE ANGELS are performing their air shows again this year!  Few of the individual Counties are hosting their own fair as well.  Lot of exciting and fun things going on!  Follow me on my journey to introduce and navigate through all the festivals that are happening in Seattle and all around the Sound this summer.  Enjoy the sun and your neighbors, but do not stay home!

ALL SEATTLE FESTIVALS AND EVENTS IN AUGUST

Seattle Real Estate

ABOUT CHRISTY KIM

Even if you don’t have time or room to have your own full time garden, with so many alternative ways to grow some of your own food, few have an excuse not to participate around the greater Seattle region.

The P-Patch Community Gardening Program, in conjunction with P-Patch Trust, a nonprofit organization, oversees 75 P-Patches distributed throughout the city, equaling approximately 23 acres, serving 4,400 gardeners. Gardeners throughout the city contributed 17,000 hours maintaining the common areas of the garden in 2010.

What is a community garden?
A community garden is a space where neighbors come together to grow community and steward – plan, plant, and maintain –a piece of open space.  Community gardens are gathering places that strengthen networks through cooperative ventures; a source of pride among residents; a visible product of land stewardship and a healthier urban environment.  Traditionally, they involve individual gardening plots which community members pay an annual fee for while all shared spaces throughout the garden are cared for together.

What is a P-Patch?
P-Patch is the name given to community gardens that are managed by the Seattle Department of Neighborhoods P-Patch Community Gardening Program.  The name, P-Patch, originated from its first community garden, Picardo Farm. Gardens come in many shapes, sizes, and ownerships (For more Facts about P-Patch Community Gardens: Fact Sheet

For the past 37 years, P-Patch community gardeners have been:

• Growing community
• Nurturing civic engagement
• Practicing organic gardening techniques
• Fostering an environmental ethic and connecting nature to peoples’ lives
• Improving access to local, organic, and culturally appropriate food
• Transforming the appearance and revitalizing the spirit of their neighborhoods
• Developing self-reliance and improving nutrition through education and hands-on experience
• Feeding the hungry
• Preserving heirloom flowers, herbs, and vegetables
• Budding understanding between generations and cultures through gardening and cooking

In 2010 alone, P-Patch gardeners donated 20,889 pounds of fresh produce. Incredible!

To find a P-Patch close to you, click here.

Seattle Area Real Estate

Way to go Seahawks and Sounders! Solar on the event center. The solar installation will cover about 80% of the event center’s roof.

The project will consist of 3,750 individual solar panels manufactured in the United States by Solyndra—which produces a unique thin-film technology that captures both direct and reflected sunlight across a unique 360-degree cylinder-type surface. The panels will take advantage of the facility’s new white “cool roof” which conserves energy by reducing the amount of heat absorbed by the roof surface and lowering the need for building cooling.

The panels are projected to generate over 830,000 kWh of electricity annually, the equivalent of powering 95 Seattle area homes for a year. The system is expected to be fully operational in late summer 2011.

The Event Center solar array is the latest in a series of “green” investments in professional sports venues made by Seattle Seahawks chairman Paul G. Allen.

Seattle Area Real Estate

Festivities in Seattle keep on coming!  Part 2 of my Seattle festivals and events in July series, this weekend brings us many of the bigger and most exciting Seattle festivals.  It was definitely an understatement when I said July is an eventful month full of festivals!  All of these Seattle festivals and events are as diverse and colorful as the unique neighborhoods that hosts them.  Follow me every week on my journey to introduce and navigate through all the festivals that are happening in Seattle and all around the Sound this summer.  Enjoy the sun and your neighbors, but do not stay home!

List of Seattle Festivals and Events in July!

 ABOUT CHRISTY KIM