Easy Downsizing Tips May 26, 2024

Trees and Property – What You Need to Know

Trees are fantastic for communities. They cool our streets and buildings, manage stormwater, absorb carbon dioxide while producing oxygen, provide a calming environment, and offer homes for various animals. However, large trees can also present challenges in neighborhoods. Here’s what you need to know about tree ownership and management.

Tree Location

  • On Your Property: If a tree is entirely on your property, it’s your job to keep it healthy. This means calling an arborist if it shows signs of disease or gets damaged by a storm.
  • On the Border: If a tree straddles the border between two properties, both owners share the responsibility for its upkeep.

Tree Encroachment

  • Branches and Roots Crossing Property Lines: If your tree’s branches or roots extend into your neighbor’s yard, they can trim them, but only up to the property line. They must avoid damaging the tree. This can be tricky if the tree is close to the line. For instance, if a neighbor wants to install a pool near the property line, they could damage the tree’s root system, potentially killing it. Similarly, if your tree’s roots damage your neighbor’s septic tank, you could be facing a problem. Consulting a tree expert before planting near property lines is a good idea.

Leaves

  • Leaf Cleanup: Even if you don’t have any trees, you might still need to clean up leaves from your yard in the fall due to neighboring trees. Unfortunately, you can’t claim your neighbor’s trees as nuisances just because of falling leaves.

Tree Removal

  • Increasing Tree Canopy: Many cities are working to increase their tree canopy, which means removing trees might become more difficult. However, if a tree is diseased or dangerous, it’s essential to remove it. Check with your local municipality for regulations on tree removal.

Hiring Tree Professionals

  • Need an Arborist? If you need tree work done, it’s best to hire a professional. Don’t rely on a friend with a chainsaw. Look for licensed, bonded, and insured professionals to ensure the job is done safely and correctly.

Preventative Tree Maintenance

  • Insurance Concerns: Insurance companies are increasingly concerned about mitigating risks, which includes looking at trees with overhanging branches. Now is a great time to perform preventative maintenance on your trees to avoid potential problems.

Keeping your trees healthy and well-maintained is crucial for your property and community. If you need recommendations for tree professionals, I’m here to help!

Easy Downsizing Tips May 26, 2024

New Home Trends: Insights for Buyers and Sellers 2024

I recently attended a class that covered all the exciting developments presented at the International Builder Show in Las Vegas, as well as the Kitchen & Bath Show. Here are some key takeaways that will benefit both buyers and sellers in today’s market.

Highlights and Takeaways:

Preparing Homes for Sale: Many homeowners are preparing to sell and might be considering updates to maximize their home’s value. Here are some of the latest trends that can help make a home more appealing:

Countertops:

  • Thinscape by Wilsonart: This new line of countertops mimics the look of quartz but is more affordable and easier to install. It’s an excellent choice for quick home rehabs or prepping a house for sale.

Luxury Vinyl Products:

  • Cabinets and Flooring: Modern luxury vinyl products are virtually indistinguishable from wood, offering a stylish and cost-effective alternative. These products are now more affordable as prices have stabilized, making them a great option for both sellers and buyers looking for quality without the high cost.

Electric Fireplaces:

  • Steam Fireplaces: Easy-to-install electric fireplaces are becoming popular. They add aesthetic value without the need for extensive demolition or gas line installation. Steam fireplaces, in particular, are a beautiful and innovative option worth exploring.

Porcelain Tiles:

  • Durability and Style: New porcelain tiles are durable, affordable, and visually appealing. They don’t sunburn and can withstand heavy use, making them a smart choice for any home.

Benefits for Buyers and Sellers:

For Sellers:

  • Enhanced Appeal: Updating a home with these modern, modular products can dramatically increase its market appeal. Buyers are often looking for move-in ready homes with contemporary features.
  • Cost-Effective Upgrades: These trends offer cost-effective solutions that don’t compromise on quality, allowing sellers to invest in their homes without breaking the bank.

For Buyers:

  • Seeing Potential: In today’s market, inventory can be limited. Buyers might need to consider homes that aren’t perfect but have potential. Understanding these trends can help buyers see the possibilities for quick, affordable upgrades.
  • Informed Decisions: Knowing about these new products and trends allows buyers to make informed decisions and envision how they can personalize a home to fit their needs and preferences.

Knowledge is Power:

As a real estate professional, staying updated on the latest home trends is crucial. It enables you to provide valuable advice to both sellers and buyers, enhancing their real estate experience. Visiting showrooms, exploring new products, and understanding current trends can significantly improve your ability to serve your clients.

Whether you’re preparing a home for sale or helping buyers see the potential in a new purchase, staying informed about the latest trends in home interiors and exteriors can make a substantial difference. So, take the time to explore and learn about what’s new in the market. Your clients will appreciate your expertise and the added value you bring to their real estate journey.

Uncategorized February 25, 2024

The Smart Start to Downsizing in Snohomish County: A Guide for Seniors

I’m Brandice Raybourn, a real estate agent who transitioned from a career in healthcare nearly 3 years ago—a role where meticulous care and organization were part of my daily routine. My journey has led me here, where I now specialize in assisting seniors with the downsizing process in Snohomish County. My goal? To help you navigate this transition smoothly and to find a home that fits your current lifestyle and needs.

Understanding the Why

Downsizing can be a liberating step for many seniors. It’s not just about moving to a smaller space; it’s about simplifying life, reducing daily chores, and, in many cases, freeing up finances. Whether you’re looking to move into a senior-friendly community or simply wish to find a home that’s easier to manage, downsizing has numerous benefits.

However, it can also be an emotional journey. Letting go of a home filled with memories isn’t easy, nor is the process of deciding what to keep and what to part with. Having navigated through many life transitions myself, I understand the delicate balance between moving forward and honoring the past.

Getting Started with Downsizing

Step 1: Assess Your Needs Consider what you want in your next home. Accessibility, location, maintenance, and community should be top of mind. Think about your daily routine and what would make it easier and more enjoyable.

Step 2: Declutter and Organize Start sorting through your belongings well in advance. Create categories: keep, donate, sell, and discard. This step often takes longer than expected, so give yourself plenty of time and space to make these decisions.

Step 3: Seek Emotional Support Discuss your plans with family and friends. They can offer both emotional support and practical help. If you’re finding it particularly tough, professional organizers who specialize in downsizing can be invaluable.

Choosing the Right Home

Finding the right home in Snohomish County means considering several factors. Accessibility features such as no-step entryways, single-floor living, and low maintenance options should be on your checklist. Additionally, think about proximity to healthcare facilities, shopping, public transportation, and social activities.

In our community, there are numerous housing options tailored to seniors’ needs, from vibrant independent living communities to peaceful suburban homes. As a real estate agent with a focus on downsizing, I can guide you through these options to find the perfect fit.

Resources and Support Available

You’re not alone in this journey. Snohomish County offers a wealth of resources to assist seniors with downsizing, including moving services that specialize in senior transitions, estate sale companies for belongings you choose to sell, and local senior centers for emotional and social support.

As your real estate agent, I’m here to help you every step of the way. From preparing your current home for sale to finding your new perfect place, consider me your guide and advocate.

Conclusion

Downsizing is not just about moving to a smaller space; it’s about creating a lifestyle that brings joy and ease into your everyday life. It’s about starting a new chapter with freedom and possibilities.

If you’re considering downsizing or have any questions about the process, please don’t hesitate to reach out. Together, we can make this transition not just smooth, but exciting. Stay tuned for more posts, where I’ll dive deeper into each step of the downsizing process, share tips and advice, and highlight the best of senior living in Snohomish County.

Uncategorized February 22, 2024

Homeowner Insurance Checkup: Ensuring You’re Fully Covered

 


Home Insurance Checkup: A Must-Do for Every Homeowner

Why You Need an Insurance Checkup

Checking your home insurance might not be thrilling, but it’s crucial. Most of us skip reading our insurance policy thoroughly. However, not knowing your coverage details can lead to unexpected surprises if disaster strikes. Over time, insurance policies can change, often not to our benefit.

Steps to Take for Peace of Mind

First off, grab the latest copy of your insurance policy. Dive into it, jot down notes, and prep questions for your insurance agent. This proactive step is key to avoiding future surprises.

Essential Questions to Discuss with Your Agent

Now, let’s focus on some critical questions to bring up with your agent. These might seem straightforward after you’ve reviewed your policy, but discussing them can clarify your coverage:

  1. Flood Coverage: “Am I covered for floods, even if I’m not in a flood zone?”
  2. Landslide Protection: “Does my policy cover landslides, and does the cause matter?”
  3. Roof Leaks: “How does my policy treat gradual versus sudden roof leaks?”
  4. Accidents: “If a car crashes into my house, who covers the damages?”
  5. Pest Damage: “Are bug infestations and the resulting damages covered?”
  6. Pet Incidents: “What if a dog bites someone on my property?”
  7. Playtime Mishaps: “Is an injury from my trampoline covered?”
  8. Theft: “Does my policy cover stolen jewelry and cash?”
  9. Fire: “Are all fire-related damages covered, no matter the cause?”
  10. Earthquake Safety: “Is earthquake damage included?”
  11. Acts of Terrorism: “Am I protected against terrorism damage?”

Enhancing Your Coverage

Also, consider whether you need additional coverage for high-value items like jewelry or art. A yearly video inventory of your possessions can be a lifesaver.

Conclusion: Stay Prepared, Stay Protected

Being well-prepared means fewer surprises if disaster hits. Understanding your home insurance policy is not just about ticking a box; it’s about ensuring you and your home are fully protected. Now’s the time to chat with your agent to ensure your coverage meets your needs.

Keep Your Home and Belongings Safe

Knowing what your insurance covers is more important than ever. If you’re uncertain about your coverage or have added valuable items to your home, it’s time for a review. Staying informed keeps you protected. Let’s make sure your insurance works as hard as you do.

 

Market Trends January 4, 2024

Understanding the Marysville Housing Market: Insights for Homeowners and Buyers

Are you keeping pace with the Marysville housing market?

In the ever-evolving real estate landscape of Marysville, staying informed is crucial, whether you’re a homeowner, potential buyer, or seller. Our latest newsletter delves into the current trends, providing you with the insights needed to navigate the market effectively. Here’s what’s happening:

  1. Median Sale Price Adjustments 💰
    • Current State: The median sale price in Marysville stands at $625,000.
    • Trend Analysis: This represents a slight decrease of 0.8% from December 2022.
    • Implication: Accurate pricing from the outset is vital. It not only maximizes potential offers but also expedites the sale process.
  2. Changes in Days on Market ⏳
    • Current Trend: The median days on the market has risen to 9 days.
    • Strategy: Understanding the factors behind this increase can be key. Strategic pricing and effective marketing are essential to ensure your property sells swiftly and at a desirable price. 🏠
  3. Sale-to-List Price Ratio: A Balanced Market Indicator 📈
    • Current Observation: Properties are selling at their listing prices, marking a 100% match rate.
    • Market Interpretation: This trend signals a balanced market where sellers are effectively aligning with market values. 📊
  4. Price per Square Foot: Understanding Market Adjustments 📉
    • Recent Trend: There’s been a 5.1% decrease in the price per square foot.
    • Broader Perspective: This shift reflects a market adjustment, potentially indicating a move towards more sustainable valuation levels after a period of inflated prices.

Stay Ahead in the Marysville Market 📰

Informed decisions are the backbone of successful real estate transactions. For a more nuanced and detailed analysis of the Marysville housing market, don’t hesitate to reach out. We’re here to provide you with an in-depth perspective to help you make the best choices for your property needs.

📞 Need more insights or personalized advice? Feel free to call or text us at 425 367 3881 for a comprehensive understanding of the Marysville housing market.

 

 

Market Trends January 3, 2024

The Three Main Sources of Housing Inventory: A Dive into Market Dynamics

Today, I want to share some key insights into the housing inventory crisis, a topic I recently explored in a video. Click to watch my video

We’ll dive into the three main sources of housing inventory and what this means for the market in 2024.

Understanding the Three Sources of Housing Inventory: Did you know that our housing supply primarily comes from just three sources? These are new construction, resale, and foreclosures. Unfortunately, for over a decade, new construction hasn’t kept up with our growing population, leading to a significant housing deficit.

  • New Construction Lagging Behind: The rate of new construction has been insufficient to meet the rising demand due to population growth. This shortfall in new homes has been a key contributor to the overall scarcity of available housing.
  • Low Foreclosure Rates: Currently, the number of foreclosures is significantly low, especially compared to the levels seen during the pandemic and the financial crisis years of 2008-2012. This decrease means that foreclosures aren’t contributing much to the overall housing inventory.
  • Resale as the Primary Source: With new construction lagging and foreclosures at a low, most of our housing inventory comes from resale. However, many homeowners are reluctant to sell, largely due to holding onto mortgages with favorable interest rates. A recent Zillow survey highlighted that 80% of mortgage holders enjoy rates below 5%.

The 2024 Outlook: I anticipate a change in the housing inventory by 2024, primarily driven by the reducing ‘loss gap.’ This term refers to the cost difference between current low-rate mortgages and potentially higher rates if homeowners were to sell and buy anew.

In strong markets, the opportunity to gain more equity when selling can offset this loss gap. As mortgage rates begin to fall, I foresee an upcoming surge in both listings and sales. This shift is good news for both buyers and sellers in Snohomish County.

Conclusion: If you’re planning to buy or sell in Snohomish County, the upcoming year looks promising. I’m here to assist you in navigating these changes, whether you’re in the market to find your dream home or looking to sell your property. For more detailed insights into this topic, I invite you to watch my recent video, where I delve deeper into these trends and their implications for our local real estate market.

Market Trends January 3, 2024

2023 Housing Market: A Year of Unprecedented Slowdown

The year 2023 will be remembered in the real estate industry for its notable deviation from the norm. With sales hitting their lowest since the 2008 financial crisis, the US housing market experienced a year of unexpected slowdown and significant shifts.

The National Association of REALTORS® (NAR) reported a stark decrease in home sales, with the seasonally-adjusted annual rate plummeting to 3.79 million homes. This figure starkly contrasts with the market’s peak in 2005, where a record 7.08 million homes were sold.

The primary contributor to this downturn has been identified as ‘resale gridlock,’ a scenario where potential sellers are reluctant to put their homes on the market. This hesitancy is often attributed to various factors, including economic uncertainties, fluctuating interest rates, and mismatched pricing expectations.

While the number of sales dropped significantly, home prices did not witness a parallel decline. NAR projected a marginal increase in median home prices by about 0.3% for 2023. This reflects a market adjusting to new economic conditions, balancing between supply constraints and moderated buyer demand.

The market is expected to see some recovery in 2024, albeit gradual. With easing interest rates, sellers who deferred their plans in 2022 and 2023 might re-enter the market. However, this is unlikely to result in a dramatic increase in sales, suggesting a cautious market recovery.

The 2023 housing market’s slowdown has been a significant event, marking a departure from previous years’ trends. This reflection underscores the importance of understanding the dynamics of the real estate market, which remains susceptible to a myriad of economic and social factors. Buyers and sellers are advised to approach the market with informed strategies and realistic expectations in the coming year.

Investors December 13, 2023

IS LANDLORD LIFE IN SNOHOMISH COUNTY RIGHT FOR YOU? LET’S EXPLORE!

Hello! I’m Brandice Raybourn, and as a new face in Snohomish County real estate, I’m excited to share some insights about property investment here. It’s an interesting time for those considering becoming landlords – and here’s why.

Firstly, getting loans for property investments is becoming smoother, thanks to the current state of credit markets. And, with the recent shifts in the housing market, more people are looking to rent, increasing demand for rental properties.

Investing in real estate isn’t just about additional income (which is a significant perk). It’s also about building your wealth over time. Many successful investors I meet own multiple properties. Why? It’s simply more efficient. Managing properties that are geographically close means less hassle and a better handle on market trends.

Have you thought about a duplex or triplex? They might be pricier upfront, but they offer more rental space and are easier to manage than several separate houses.

Of course, being a landlord involves responsibilities, like unexpected maintenance issues. But don’t let that deter you – property management companies in our county can take that load off your shoulders.

However, the crucial aspect to consider is your comfort with tough decisions, like potential evictions. It’s part and parcel of being a landlord. If this is a concern, it’s worth thinking about how it might impact your experience.

If you’re intrigued about property investment opportunities in Snohomish County, I’m here to help. Reach out to me, Brandice Raybourn, at 425-367-3881. I’m eager to discuss how we can find the right investment property for you in this vibrant market!

Sellers December 12, 2023

Snohomish County Winter Home Selling Tips: Stay Cozy, Get Sold!

Hello, Snohomish County Friends!

Thinking about selling your home this winter? As a agent in the area, I’m here to share some neighborly advice on making your home stand out, even when the temperatures drop. So, grab a cup of hot cocoa, and let’s get into making your home the toast of the town this winter!

Snowy Day Strategies:

  1. Shovel Patrol: Keep driveways and paths snow-free. Nobody likes an impromptu ice skating experience.
  2. Outdoor Appeal: Sweep that snow off your deck and backyard stairs. Show off the full potential of your outdoor spaces.
  3. Roof Ready: A snow-free roof is a happy roof – and it’s easier for inspections.
  4. Garden Neatness: A little tidying goes a long way. Trim back those dead plants and rake up.
  5. Sparkling Windows: Clean those windows to make the most of the winter sun. It really brightens up the place!
  6. Light the Way: Keep your home looking warm and inviting with good lighting, both inside and out.

Rainy Day Readiness:

  1. Slippery When Wet: Watch out for icy patches after those chilly nights and keep walkways safe.
  2. Leaf Clearing: Keep decks and roofs leaf-free. It’s all about showing your home is well cared for.
  3. Window Wonders: Clean windows are a must, regardless of the season. Let in as much light as possible.
  4. Keep it Bright: A well-lit home feels cozy and welcoming, so let those lights shine.

Closing Thoughts: Selling your home in winter in Snohomish County is definitely doable with some prep and care. Whether it’s snow or rain, your home can be the standout on the block. For more personalized tips for your place, feel free to contact me at Brandice.Raybourn@coldwellbanker.com or give me a call at (425) 367-3881. Let’s team up to make your home sale a winter wonder!

Market Trends December 7, 2023

Snohomish County’s Real Estate Evolution: Post-COVID and More Connected Than Ever.

Hello Snohomies and Future Snohomies! Have you felt the shift in our community since COVID-19? There’s a buzz around Snohomish County, and it’s not just the local coffee shops. We’re seeing a significant influx of buyers, especially from nearby King County, looking for that perfect blend of serenity and connectivity.

The Rise of Remote Work The remote work revolution is in full swing, and it’s reshaping our community. By 2025, up to 55% of jobs traditionally done in office buildings are expected to go remote. This trend is turning Snohomish County into a magnet for those seeking a quieter lifestyle without losing touch with the urban pulse – a big draw for our neighbors from King County.

Real Estate Market: A Seller’s Dream This influx of buyers, many from King County, is heating up our real estate market. Areas like Granite Falls and Sultan are seeing a surge in demand, leading to a seller’s market with rising prices. If you’re selling, this might be your golden opportunity.

Advice for Buyers: Gear Up for Competition For buyers, especially those coming from King County, be prepared for a competitive market. Having a solid pre-approval and a good grasp of the local real estate trends will be crucial in finding your new home here.

Sellers, Seize the Moment With the influx of buyers from King County, it’s a great time to sell. Strategic pricing and effective marketing can help you capitalize on this unique market situation.

Conclusion: A Community in Transition Snohomish County is more than just a place to live; it’s a community in transition, growing and evolving with the times. Whether you’re buying, selling, or simply observing, these are exciting times for our real estate market.

Looking to Buy or Sell? If you’re considering stepping into the Snohomish County real estate market, let’s explore how these trends, including the influx from King County, could benefit you.

Stay Informed:

  1. Learn about how COVID-19 is benefiting our real estate market: “COVID-19 and CHOP could benefit Snohomish County real estate” from HeraldNet.com.
  2. Get insights on our local remote work trends: “Snohomish County remote work study echoes national sentiment” also on HeraldNet.com.