Tuesday, August 9, 2016 / by Christine Andreasen
Welcome back to another episode of Seattle Food Tours! Today, I went to Paseo. You should know that this Caribbean-style sandwich shop serves the single best sandwich in the world. Now, just like any good sandwich place, Paseo’s is nondescript and features no outdoor sign. With fresh pork, onions, and bread from Seattle’s own Macrina Bakery, this is beyond a meal. It is the best sandwich you’ll ever eat. They offer other Caribbean-inspired fare, but I was there for one thing only: the pork loin sandwich. In fact, I’ve never in my life gotten anything but that sandwich.
Now, for a little bit about the Fremont area market.
In the last 15 months, demand has outstripped supply. This means, of course, that houses have consistently gone above asking price, even going up as far as 110% of asking price. If you follow our blog you know that we generally get 5% better than average, so if you were selling in Fremont, than we would be able to get ...
Sunday, July 24, 2016 / by Christine Andreasen
The term “get rich quick scheme” has been held in low regard since before Charlie Ponzi’s pyramid
came crashing to earth in the 1920s. Probably that word “scheme” is a problem...sounds too shifty. And
the whole idea of sudden riches sounds as reassuring as “something for nothing” or “free lunch.”
Prudent Vashon residents tend to go a good deal more cautiously when they plan their investments.
They usually aren’t even aiming to “get rich.” More like “get comfortable.” Instead of hoping to reap
sudden wealth (living off all those tolls after buying the Brooklyn Bridge), they think in conservative
terms like “passive income streams” and “lowered risk strategies.” Instead of responding to radio ads for
the week’s fastest-growing franchise opportunity, they’re more likely to be scouring the listings for
Vashon rental homes for sale.
A week or so ago, The Wall ...
Friday, July 22, 2016 / by Christine Andreasen
Overall, the Seattle market throughout the first half of 2016 was hot. There was a softening in June, however, and this might indicate a larger trend.
There were roughly 17% fewer homes on the market this June compared to June of last year. Last June there were 9,400 homes, and this June that number was 7,800. That’s a significant decrease with essentially no decrease in the number of buyers. This explains why there was a 10% to 12% increase in price.
This June was a softer month because the rate in which homes were listed increased over last year. While there were fewer homes than last June, the difference between January and June last year was just 1,300 homes. This year the number for that same time range was about 2,100 - a 30% increase in home listings. Even though the total number was lower, the rate at which the inventory increased resulted in June being a softer month.
Inventory is at an all-time low, while demand is creeping back up. ...
Thursday, July 7, 2016 / by Christine Andreasen
What do appraisals mean to you as a buyer and a seller? I get this question all the time.
An appraisal is something that’s paid for by the buyer but enacted by the bank as protection for them to make sure that the home is worth what you’re being offered for it. In other words, if you have a house on the market for $500,000 and you take an offer for $600,000, the bank wants to ensure - to protect the loan that it’s extending the buyer - that they can resell the house for that $600,000 price tag. If it isn’t, or they can’t resell it for that amount, they’re not going to lend the $600,000.
The appraisal is basically a protection for the bank and protection for their loan. This is why a cash buyer is so much more attractive to you as a seller, because then you don’t have to go through the whole process. They don’t have to worry about what the home’s “worth” to the bank. They don’t care - it’s cash. How ...
Friday, June 24, 2016 / by Christine Andreasen
Today I’m back with Seattle Food Tours and we’re downtown at Il Corvo Pasta. This is the best pasta in Seattle, and Il Corvo is only open for lunch from 11 am to 2 pm on Monday through Friday. Usually there is a long line outside, so it’s a very unusual scene today.
Long story short - I actually know the owner, Mike, very well. He used to work for me when I owned a bakery in Albuquerque. Back then he was a punk rock guitar player that started baking for me, but now he owns the finest Italian restaurant in all of Seattle. This place is the bomb!
The atmosphere is a little different than your typical Italian restaurant - it’s a lot less stuffy in here. You order at the counter, take a seat after you’ve ordered, bus your own tables, and enjoy your lunch!
"Don’t pass this place up!"
And last but not least, let’s take a peek at what’s happening with home values in the Capitol Hill residential neighborhood in ...