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Savoring the Last Sweet Days of Summer
August brings a golden, slower-paced magic to Washington. It’s the time of year when we try to slow down the clock, soaking in every drop of Pacific Northwest sunshine before the season turns. Yet, while the days are relaxed, the real estate market remains remarkably active. Serious buyers are locked in and looking to settle before the school year starts, making August a hidden gem of a window for sellers who want to stand out with pristine curb appeal.
Let’s finish the season strong. Whether you are aiming to capitalize on late-summer buyer demand or want to secure your own sanctuary in time to watch the autumn leaves change, I am here to guide you every step of the way.
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| | The market continues to cool as buyers have more options and demand has softened, creating more negotiating opportunities and some downward pressure on prices.
That said, the Puget Sound market is still very property specific. Well priced, move-in ready homes in desirable locations, especially those with development potential can still attract multiple offers. I recently sold a home in Marysville that escalated $45,000 over the list price, and we continue to see similar competition for the right properties.
As you search, location, price point, condition, and property type will determine the best strategy. Single family home prices remain relatively similar to last year, while townhomes and condos have seen more noticeable price adjustments.
If you’d like to better understand the activity in the specific area you’re considering, schedule a call with me. I’d be happy to go more in depth and help you build the right strategy. |
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Have Mortgage Rates Peaked for 2026? |
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Mortgage rates remain in the mid-to-upper 6% range, with the average 30-year fixed around 6.72%.The housing market is continuing to cool, with more inventory, more price reductions, and slower buyer activity. That’s creating more negotiating power for buyers through seller credits, price reductions, and rate buydowns. Rates are still elevated, but buyers may have better opportunities to negotiate today. Sellers should focus on competitive pricing and strong presentation to attract buyers in a slower market. |
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| Making Homeownership Affordable |
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| I love finding new ways to help my clients save money and make homeownership more affordable!
Normally, buyers who put less than 20% down may be required to pay mortgage insurance. This additional monthly expense protects the lender, but it does not build equity or reduce the buyer’s loan balance. With this program a 1% seller credit may be used to waive the mortgage insurance requirement. In today’s market, we may be able to negotiate that credit as part of your offer.
For example, on a $600,000 home purchase, eliminating mortgage insurance could save an estimated $255 per month. A lower monthly payment could give you more room in your budget and help make buying a home feel more attainable. |
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| | 4 BD 2 BA 1550 SF $735,000 |
| Operated as a successful short-term rental, generating over $52,000 in just nine months. This home is offered fully furnished and equipped, giving you the flexibility to continue operating it as an STR or enjoy a truly turnkey home just bring your suitcase and move right in. |
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| | | | 4 BD 2 BA 2220 SF $650,000 |
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| | | | | 3 BD 2 BA 1376 SF $765,000 |
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| | | 6 BD 4 BA 4060 SF $1,190,000 |
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| | | | | 3 BD 2 BA 2200 SF $669,950 |
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Join my Home Deals Collection, where I’ll be sharing properties that stand out for their value and potential, including opportunities for first-time homebuyers, house hackers, and real estate investors.
See a property that catches your eye? Reach out anytime with questions or to schedule a tour! |
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| | | SEAmos brings Latinos together to connect, share resources, learn from one another, and collaborate toward collective growth. Join our summer monthly networking event! |
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Chateau Ste Michelle Concerts All Summer |
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There is nothing quite like sipping Washington wine on a manicured lawn while listening to world-class music under the summer sky. Grab tickets today. |
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Candlelight Concerts in Seattle August 1st - 28th
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| Candlelight Concerts feature a string quartet playing familiar songs for an hour in the warm glow of simulated candles. |
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| Simple Ways to Keep Your Home Organized |
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| | Get a fresh start this summer with organization tips and tricks from an expert.
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