The Home Connection – September 2018


Posted on August 20, 2018 at 7:49 pm
Shelley Elenbaas | Posted in The Home Connection | Tagged , , , , , , , , , ,

The Home Connection – August 2018

The Home Connection Aug 2018 pg 2


Posted on August 6, 2018 at 11:38 am
Shelley Elenbaas | Posted in The Home Connection | Tagged , , , , ,

Economists Predict: Recession Coming

Recession Coming

The local economy is booming, and nationally we are experiencing the second-longest bull market in history. That’s great news, but it can’t last forever. The economy runs in cycles and we’re long overdue for our overheated market to cool down a bit. According to a survey of top economists by Zillow, almost half of experts said they expect the next recession to begin some time in 2020.

Experts Say Recession Could Hit by Early 2020

Recession Prediction Chart

A Recession Means a Slow-Down, Not a Crisis

A recession means the economy has slowed down. It does not mean we are experiencing another housing crisis. The housing crash of 2008 caused the last recession. However, that crash was primarily due to faulty lending practices that encouraged people to purchase homes they could not afford. Current lending practices make that unlikely to occur today.

Housing Won’t Be the Problem 

According to economists, monetary and trade policy are the most likely triggers for the next recession, not housing.

“If a recession is to occur, it is unlikely to be caused by housing-related activity, and therefore the housing sector should be one of the leading sources to come out of the recession.”  – Mark Fleming, chief economist for First American

The last recession that was caused by the housing crash was an anomaly. During the previous five recessions home values actually appreciated. If the US experiences a recession you can expect a slow-down of home price increases, not a housing crisis.

Whether you’re thinking about buying or selling, it’s important to have the most current information about the market. I can provide you with statistics and economic forecasts, as well as answers to any questions you may have.

This post originally appeared on the WindermereEastside.com Blog. 


Posted on July 26, 2018 at 7:44 pm
Shelley Elenbaas | Posted in Shelley's Blog | Tagged , , , , , , ,

The Home Connection – August 2018

The Home Connection Aug 2018 The Home Connection Aug 2018 pg 2


Posted on July 22, 2018 at 7:14 pm
Shelley Elenbaas | Posted in Shelley's Blog | Tagged , , , , , , , , , , , , , ,

Commute vs. Home Price Trade-Off: How Far Are You Willing To Drive?

Would you be willing to swap a longer commute time for a lower monthly mortgage payment? With prices of homes near city centers skyrocketing, many buyers are rethinking their priorities and choosing to “keep driving until they can afford it.”

Housing Search Trade-Off: Price vs. Commute Time

Windermere examined active listing on the Northwest Multiple Listing Service and their drive-time proximity to downtown Seattle. Looking at homes within a 30-minute radius from downtown, the median home price was $1,612,500. Homes located within a 31 to 60-minute commute from downtown had a median price of $890,000–that’s 45 percent less. This means if you are willing to commute over an hour, the price of the average home in the area would be $1 million less than if you lived close to the city.

Search for Homes by Commute Time on Windermere.com

The Drive Time Search function on my website allows you to customize the search criteria with your work address, time of day that you commute, and maximum amount of time you want to spend driving to and from work. The results will exclusively show homes for sale within your preferred drive time. 
Search By Drive Time

Are you ready to look for a home?

I can help you choose the right area, narrow down your criteria, and create a strategy for getting you the home you want at a price you can afford.

This post originally appeared on the Windermere.com blog.


Posted on July 17, 2018 at 4:57 pm
Shelley Elenbaas | Posted in Shelley's Blog | Tagged , , , , , , , ,

The Home Connection – July 2018

the home connectionthe home connection page 2


Posted on July 5, 2018 at 1:28 pm
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Three Deck Design Ideas To Get Your Yard Ready For Summer

A delightfully warm spring in many parts of the Western U.S. has many folks brushing off their summer clothing early. While this is exciting for all who love the outdoors, public spaces like parks and beaches may be overcrowded. What better time, then, to focus on ways to maximize the space you have in your own home. There’s no one ideal way to design or set up your deck, but we’ve put together a few of our favorite ideas to help inspire your next redesign.

Multi-level Decks

Credit: H. Camille Smith / HGTV

Credit: H. Camille Smith / HGTV

-Especially if your square footage is limited, tiering your deck into multiple levels is a great way to incorporate extra outdoor space into your home.

-By separating your deck into multiple levels, even slightly, you can create a cozy sense of separation between spaces.

-Give yourself options for privacy. Depending on your property, the base level of your deck may be below your fence-line. If you have a view you’d like to enjoy with your barbecue, consider a second tier.

Built-in Seating

Credit: lizmarieblog.com

Credit: lizmarieblog.com

 

-A simple way to save space and hassle is to build in your seating spaces during your deck’s construction.

-It’s important to consider what you will predominantly be doing on your deck. Lounging while reading? A corner bench is a great fit and can be outfitted comfortably. Potlucks and cookouts? Consider higher benches or fences with wide tops for easy plate placement.

-Consider your environment. If your deck will weather rain, sand, or wind consistently, don’t write off surfaces like brick and concrete, which can be framed as appealingly as wood or other stone.

 

Custom Lighting

Credit: istikharawazifa.com

Credit: istikharawazifa.com

-As the sun fades, your deck’s utility can shine or fade with it. Including discreet lighting within the construction of your deck is a small step that can pay huge dividends.

-Increasingly popular low-voltage systems have made a well-lit backyard and deck drastically more affordable.

-Depending on your location, solar powered lighting is a worthwhile investment that can help accentuate your stairs, fences, and other outdoor decorations.

 

This post originally appeared on the Windermere.com Blog.


Posted on June 9, 2018 at 8:23 pm
Shelley Elenbaas | Posted in Shelley's Blog | Tagged , , , , , ,

The Home Connection – May 2018


Posted on May 3, 2018 at 9:53 am
Shelley Elenbaas | Posted in The Home Connection | Tagged , , , , , , , , , ,

Windermere Foundation By The Numbers

For the past 29 years, the Windermere Foundation has been helping those in need in our communities through donations to local organizations that provide services to low-income and homeless families. In 2017, the Windermere Foundation raised over $2.4 million in donations, bringing the total to over $35 million raised since we started this effort in 1989. The following infographic details exactly how these funds were dispersed in 2017 and the types of organizations that benefited from them. For more information please visit windermere.com/foundation.

 

This post originally appeared on the Windermere.com Blog.


Posted on April 3, 2018 at 6:53 pm
Shelley Elenbaas | Posted in #TackleHomelessness, Shelley's Blog | Tagged , , , , , , ,

The Home Connection – April 2018


Posted on April 1, 2018 at 9:00 am
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