From Serena May 25, 2016

We Survived Another Winter & Columbia City Farmers Market is Back!

farmers marketDear friends,

A big thanks to everyone who joined us for Windermere’s 5th annual free recycling and paper shredding event in April, where more than 200 carloads of paper, clothing, computers and major appliances were shredded, recycled and donated!

Also in the community, we survived another winter, and the Columbia City Farmers Market – one of the largest farmers markets in the Northwest – is back for its 18th year in the heart of South Seattle. My office, Windermere Mount Baker, is a proud sponsor of this favorite neighborhood gem.

In other news, Seattle’s housing market heat wave continues with a citywide increase of 17% overall. Yes, folks, the average selling price today is $720,000 compared to $562,000 at the same time last year. The same three issues prevail:

  1. lack of inventory,
  2. thousands of new buyers moving to Seattle, often from more expensive cities, and
  3. continued low interest rates, we may see them drop even further and the Feds are giving no indication of a rate hike soon.

South Seattle appreciation rates are little lower: my listings have sold with multiple offers for between 11-15% which seems to be the average for the area. Now that the light rail goes to the U District, we will see even more demand from buyers who can’t afford housing in the even pricier north end.

Finally, if you haven’t already, please check out my new and improved Facebook page where you’ll find all sorts of fun and even useful tidbits of information to impress your friends with.

As always, thank you for your support, referrals are the mainstay of my business, and I am truly grateful for your trust in me.

Sincerely,
Serena