Kari's Blog • Upgrades & Renovations • September 24, 2021

How to Plan Your Own DIY House Rehab

Are You Planning to DIY a House Rehab?

For many people, home renovations are a part of life. Whether it’s painting the living room or installing a new dishwasher, most homeowners will take on at least one project over the course of their time in their home, but what circumstances make it worth it to get an expert contractor involved in your remodel? Is it ever actually worth doing DIY projects around the house? Continue reading to learn more!

Common Myths about Home Renovation

If you are planning on doing renovations of any sort around the house, it is an important decision to make about whether it is worth it to do it yourself or hire a professional. Home renovations can be a fun, rewarding experience, but there are a lot of myths about home renovation that might make it seem more difficult than it is. Here are some of the most common myths regarding home renovations:

  1. If you don’t know what you’re doing, then it’s probably better to hire a professional. Not true! For most homeowners, knowing how and when to get help is the difference between a successful project and a disaster. Knowing when it’s time to ask for help can save you money and heartbreak down the line. With that said, for smaller jobs, there are plenty of online resources available to learn how to do something like changing light fixtures, faucets, electrical outlets, etc.
  2.  All contractors are the same. Well, not really! It’s important to do some research into which contractor is the best fit for your project. For example, if you’re getting your fence repaired or installing a new one, it may be good to receive and repair quotes from different contractors before making a decision. A quick search on a platform like Angi for ‘fencing near me’ will put you in touch with several local contractors that you can then vet based on their rates, client reviews, licenses, insurance, and more.
  3.  You need to spend a lot of money to make your house look beautiful. Not true! Most homeowners don’t need to spend a lot of money, nor do they want to. There are many small improvements that can have a big impact on the way your home looks and feels without breaking the bank. There are many different options when it comes to materials and supplies that can drastically affect the cost of your renovation.

Our Simple Guide to DIY or Hire Out

Deciding to DIY or hire a professional can be a difficult choice for homeowners. Here are some tips for specific jobs about when to do it yourself and when you should hire a professional:

Do These Yourself:

 

Fresh Paint

● Painting: For many people, painting is an easy thing to tackle on their own. You can learn the basics with a few YouTube videos and some practice. If you paint often, it is easy to perfect the skill and achieve a close to professional-looking finish. Painting can make a huge difference in the selling process!

 

 

 

Cabinet Knobs and Handles

● Cabinet knobs and handles: A few new cabinet knobs and handles can really go a long way towards making your kitchen feel modern and fresh, and it’s an easy job for most homeowners. Most hardware stores have tons of different and affordable options. Sometimes the small details such as these can make all the difference saving you from a much larger project, such as replacing the entire cabinet.

 

Hire These Out:

 

New Countertops

● Countertops: Countertops are one of the most important, stand-out pieces in your kitchen. It’s worth it to hire a professional for this job if you don’t want to risk messing up the finished product.

 

 

 

 

 

Flooring

● Flooring: If you’re planning on using hardwood floors, tile, or other types of flooring that require precise measurements and cuts, hire it out. You want these jobs to look perfect.

 

 

 

 

 

Time to Start Your Rehab!
While these decisions can be difficult to make, they are more often than not worth it in the long run. Hopefully, the tips and advice in this article will make it easier for you to figure out what is best for your situation.

This post was originally submitted by Lisa Walker and has been edited by the Kari Haas Real Estate Team.

Real Estate Market Updates & Insight • September 22, 2021

September 2021 Local Real Estate Market Update

 

Local Market Update

 September Local Market Update

As the seasons get chiller, according to Windermere Chief Economist, Matthew Gardner, so are the prices in this market with the median listing prices and sales prices in August even the slightest bit lower than in the month prior. In the most recent local market update, Gardner has even said that he believes “that this is because we are hitting a price ceiling and that the rapid pace of home price appreciation will continue to cool as we move through the rest of the year.”

Home Prices, Trends, & More…

While up by double digits year-over-year, home prices in August did cool off slightly throughout the region as compared to July. The median single-family home in King County last month sold for $850,000, up 14% from a year ago. This is a drop from the record-high $871,000 set in July. Seattle saw the median price rise 6% from the same time last year to $875,000, down from $896,500 the prior month. Home prices on the Eastside were up 24% year-over-year to $1,300,000, a dip from the $1,330,563 median price in July. Snohomish County’s median price jumped 25% from a year ago to $694,900, just shy of July’s median of $700,000.

While a slight softening of home prices may be welcome news for buyers, inventory is still a big problem. King County has under three weeks of available homes for sale. The lack of inventory is especially severe on the Eastside. At the end of August there were just 278 homes for sale in the entire area, 62% fewer than the same time a year ago. And 85% of homes sold in less than two weeks. As companies continue to invest in large office projects on the Eastside, demand for homes is expected to continue to rise. Snohomish County reported the smallest supply of homes of any county in Western Washington, about two weeks. The Puget Sound area as a whole remains well below the four-to-six weeks of inventory that is considered a balanced market, favoring neither buyer nor seller.

City-Living 

An uptick in condo sales indicates that in-city living is on the rise again. In King County, the number of closed sales were up 20% in August compared to a year ago. The median condo price on the Eastside rose 14% to $544,000. The supply there remains tight, with just two weeks of inventory. Seattle offers much more choice, with six weeks of inventory available. Condo prices there dropped slightly year-over-year to $480,000. With Amazon looking to hire 12,500 corporate and tech employees in Seattle, demand for in-city living there is predicted to remain strong. As single-family home prices have soared, condo living remains an affordable option for those wanting to live close to urban centers. The King County median condo price is 46% less than that of a single-family home at &460,000.

What’s happening in your neighborhood?

Whether you are thinking of buying or selling — or just curious — the Kari Haas team or your broker can provide you with the latest data about specific neighborhoods and answer any questions you might have about home prices, financing, and strategies to help you meet your goals.

Charts

The charts below provide a brief overview of market activity. Every Monday, Windermere Chief Economist Matthew Gardner provides an update on the US economy and housing market. You can get Matthew’s latest update here.

 


EASTSIDE

Local Market Update Graph
VIEW FULL EASTSIDE REPORT

KING COUNTY

Local Market Update Graph
VIEW FULL KING COUNTY REPORT

SEATTLE

Local Market Update Graph
VIEW FULL SEATTLE REPORT

SNOHOMISH COUNTYLocal Market Update Graph

VIEW FULL SNOHOMISH COUNTY REPORT

Check back next month for a new local market update.

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Facebook!

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This post originally appeared on GetTheWReport.com.

About Kari Haas • August 30, 2021

Kari Haas in Top Agent Magazine 2021

Kari Haas Top Agent Magazine

In case you missed it, Kari had the honor of being featured in the January issue of Top Agent Magazine!

The following is a statement from Top Agent Magazine: “Top Agent Magazine is the premier real estate magazine featuring the best real estate agents in the USA, Europe, Canada, Australia, and New Zealand. Top Agent Magazine features the top-producing and most accomplished agents in the real estate industry, offering an in-depth look at their careers and providing a blueprint for their success. It is a privilege to be nominated and to receive the honor of being featured on the cover, as it speaks to a certain success level all real estate agents strive for.”

The Kari Haas Team uses special techniques to reach every possible buyer and goes above and beyond to ensure that your home gets the attention it deserves! Kari’s properties have become popular, not only locally but also nationally and internationally. For instance, one of the most recent properties in Woodinville, WA went viral and included coverage in the UK! Kari was also featured on King 5 Evening Magazine for this property.

For other news highlights (plus many more) check out:
Seattle Met: http://tinyurl.com/met08
Insider: tinyurl.com/insider821
Mirror: tinyurl.com/mirrornews08
Daily Mail UK: tinyurl.com/dailymail08

Kari Haas is an award-winning agent known for treating clients like family and helping them sell for more and buy for less.

Are you looking to buy or sell a home in Seattle? Reach out to the Kari Haas Real Estate Team for a smooth and successful buying or selling experience!

Kari's Blog • Real Estate Related • August 27, 2021

Property Spotlight: “A River Runs Through It”: A Listing In Woodinville, WA

a listing in woodinville with a ghost town

“A River Runs Through It”: A Listing In Woodinville, WA

The Kari Haas Real Estate Team has had the honor to be a part of the selling process for an incredibly unique property in beautiful Woodinville, WA. This home is one-of-a-kind, sitting on acres of land with its own authentic western town, this property exudes unique character!

Located on five acres, this property wows every visitor with stunning views, flowering gardens, and numerous private, wooded, walking trails. Along one of these trails is an uninhabited bear den! Running through the property is Little Bear Creek and with it comes rare federally granted water extraction rights. The sound of the water flowing brings a sense of calmness and serenity.

Crossing the bridge over Little Bear Creek takes you to a whole new world you wouldn’t expect to find tucked away on an average Woodinville property.

a listing in woodinville with a wild west ghost town

Wild West Ghost Town?

Saving the best part of the property for last, the authentic western town of  Silvana, WA. This property was originally home to the town of Silvana.

Woodinville Property Featuring Wild West Ghost Town

The property is now Pending and will soon belong to the new lucky owner!

Learn More

To learn more about this property check out the listing at: https://karihaas.com/listing/136203923

Or visit the featured articles and interview copied below:

For help buying or selling a property contact Kari Haas at 206-719-2224 and create a strategy to meet your real estate needs.

 

Real Estate Market Updates & Insight • August 27, 2021

August 2021 Local Real Estate Market Update


local market update

Local Market Update

As the temperature went up, so did the number of homes on the market. With more homes and fewer multiple offers in comparison to last year, we’re starting to see even the slightest ease in this competitive market for buyers. While there was a small increase in homes for sale in July, inventory remains very tight. The region as a whole has just about a two-week supply, and demand isn’t likely to ease up any time soon. The economy here is strong, and despite plenty of talk of an urban exodus due to the pandemic and the rise of remote work, our population grew steadily over the past year.

Home Prices, Trends, and more…

The blistering competition may have cooled a bit, but home prices are still heading up. The median single-family home in King County last month sold for a record-high $871,000, up about 20% from last July. In Seattle, the median price jumped 11% from a year ago to $896,500, down from a $919,000 peak in May. Home prices on the Eastside shot up 32% year-over-year to $1,330,563, just shy of the record set in June. Lack of inventory has propelled the particularly steep price hikes, with 90% of homes selling for over list price. At the end of July, there were just 350 single-family homes for sale on the Eastside. Seattle had more than double that amount of inventory.

Additionally, the limited supply of homes in Snohomish County also sent prices soaring. The median home there sold for $700,000, a 22% jump from a year ago, but down slightly from the all-time high in June. Condos remain a more affordable option, and with employers saying that they’ll want employees working in the office at least part-time, an increase in condo sales indicates that buyers are looking at in-city living again. The increase in inventory gives the buyer more options. The Eastside has about three weeks of available condo inventory; Seattle has nearly two months. The median condo price on the Eastside was up 12% over a year ago to $558,000. To summarize, Seattle’s median price was essentially unchanged from last year at $492,000.

What’s happening in your neighborhood?

Whether you are thinking of buying or selling — or just curious — the Kari Haas team or your broker can provide you with the latest data about specific neighborhoods and answer any questions you might have about home prices, financing, and strategies to help you meet your goals.

Charts 

The charts below provide a brief overview of market activity. Every Month, Windermere Chief Economist Matthew Gardner provides an update on the US economy and housing market. You can get Matthew’s latest update here.


EASTSIDE

local market update graph
VIEW FULL EASTSIDE REPORT

 

KING COUNTY

local market update graph
VIEW FULL KING COUNTY REPORT

SEATTLE

local market update graph
VIEW FULL SEATTLE REPORT

 

SNOHOMISH COUNTY

local market update graph
VIEW FULL SNOHOMISH COUNTY REPORT

Check back next month for a new local market update.

Connect With Us On:

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Facebook!

YouTube 

 

 




This post originally appeared on GetTheWReport.com.


Real Estate Market Updates & Insight • July 26, 2021

July 2021 Real Estate Update

With the slight spike in the amount of listings in June, it seemed as though there may have been the smallest glimpse of hope for homebuyers. However, it’s still hard to predict whether this trend will continue. Despite the slight spike the inventory is still less than the demand, and our beloved Puget Sound region remains as hot of a market as our Seattle heatwaves.

Despite the uptick in inventory, many homes continue to sell within days and for over asking price. As tech companies like Amazon and Microsoft lease large office spaces and hire thousands of employees, demand for homes in our region isn’t expected to lag any time soon.

With more buyers chasing a limited supply of homes, the market still heavily favors sellers. The median price of a single-family home in King County rose 19% from a year ago to $860,000, down slightly from the all-time high of $869,975 set in May. Seattle saw home prices increase 11% year-over-year to $890,444, also down from May’s record price of $919,000. Home prices on the Eastside, however, continued to trend up. The median home price in June soared 40% over last year to $1,364,000, surpassing the previous high set in March. With inventory the tightest of any area of King County — the Eastside had just 288 homes for sale at the end of June —  prices are expected to remain strong. Snohomish County also hit new records, with the median home price jumping 32% over a year ago to an all-time high of $716,000. The number of homes for sale in the county declined more than 44% from a year ago, leaving it with only about 10 days of inventory, the lowest of all the counties served by Northwest MLS. Much of the demand is being driven by buyers who can continue to work from home, and are opting to buy outside of King County where housing is more affordable.

Condos are another more affordable option for buyers wanting to stay in King County. Condo inventory is relatively more plentiful, and prices aren’t escalating at the same pace as other homes. And the median price of $462,500 is nearly half that of a single-family home. As a result, condo sales here continued to boom, with closed sales up 79% over the same time last year (that compares with a 39% increase in the sale of single-family homes for the same period).

Market shifts can happen quickly, and your best strategy is to be well informed. Whether you are thinking of buying or selling, your broker can provide you with the most up-to-date statistics for your specific neighborhood and price range, and help you create a plan to get the best deal possible for your individual needs.

The charts below provide a brief overview of market activity. Every Monday, Windermere Chief Economist Matthew Gardner provides an update on the US economy and housing market. You can get Matthew’s latest update here.


EASTSIDE

VIEW FULL EASTSIDE REPORT

Subscribe to our YouTube channel!

 

KING COUNTY

VIEW FULL KING COUNTY REPORT

 

Connect with us on Facebook!

 


SEATTLE

VIEW FULL SEATTLE REPORT

Follow us on Instagram!

 

SNOHOMISH COUNTY


This post originally appeared on GetTheWReport.com.


Decor • For Home Owners • Kari's Blog • Tips & Tricks • Upgrades & Renovations • July 24, 2021

Fun and Affordable Ways to Turn Your Empty Nest into a Dream Home

Living Room with Piano for an Empty Nest

Fun and Affordable Ways to Turn Your Empty Nest Into a Dream Home

If you are one of the many empty-nesters in the U.S., then you could have more house space than you know what to do with. Instead of leaving the extra space the way it is, how about taking on a few fun, budget-friendly projects that can give you a home that’s more suitable for your current needs? Read on for some great ideas from the Kari Haas Real Estate Team that will make your empty nest feel a little more full!

Start With Simple Projects

The best way to stay on budget with a home renovation is to settle on a few simple projects first. For example, now that you have an empty nest, you can make some tweaks to your child’s bedroom to convert it into a guest bedroom. According to Good Housekeeping, you can create a great space for your guests with the right decor. You can choose a theme for your room, like sleek elegance or cozy boho, and you’ll find giving the room a fresh coat of paint works wonders.

Create a Spa-Like Master Bathroom

Since adding a master bathroom or renovating the one you’ve got can be a costly venture, Philadelphia Magazine suggests taking some creative measures when you’re on a budget. You could increase your storage by adding a few baskets or additional shelving. Overstock has lots of great options no matter how much you’re looking to spend, and you’ll save even more by using an Overstock discount code or cash back incentive.

It can also help to use better lighting in the bathroom and upgrade your regular shower head to something more luxurious. If your new spa-like bathroom needs more than your creativity can fix, you can still save some money by getting deals on your fixtures. You can get great discounts when you shop around online—don’t forget to get the benefits of price matching whenever possible.

Master Bathroom for Empty Nest

Get the Reading Room You Deserve

If you’ve always wanted a personalized room for your reading, you can convert your kid’s room for that as well, now that you have an empty nest. Depending on your personal style, you can make a few simple changes by adding ample shelving. Changing the color scheme to something more soothing or closer to your taste will also give the room a nice personal touch. Remember you’re on a budget, though, so find affordable ways to get a reading room you’ll love to be in. When you’re looking for that comfy reading chair and other pieces of furniture, Money Crashers suggests looking online at sites like Ikea, Pottery Barn, and eBay in order to find the lowest price on items of interest. You can also get deals from thrift stores or garage sales.

Reading Room for Empty Nest

Give Your Hobby Some Room

An extra room is a good space to house your hobby supplies in one place. Prior to having the option, your supplies may have been stored all over the home or in a closet. Now’s the time to create a room that you can call your own and decorate as you wish. Some of the hobbies that benefit from having their own area are painting, sewing, drawing and crafts. When you’re designing the area, make sure to plan for adequate lighting and ventilation. With the right resources, you can save not only on your design elements but also hobby-related supplies.

While it’s not easy to move on from the fact that you have the house for yourself, it can be good for you to focus on a few choice renovation projects. These projects can not only offer enjoyment, they can remain affordable as long as you plan out pertinent details and take advantage of discounts when you can.

Are you looking to buy or sell a home in Seattle? Reach out to the Kari Haas Real Estate Team for a smooth and successful buying or selling experience!

Home Office / Craft Room for Empty Nest

 

This post was originally submitted by Tina Martin and has been edited by the Kari Haas Real Estate Team. Tina is the creator of Ideaspired.com, where she helps people follow their dreams and be their own inspiration.

 

Real Estate Market Updates & Insight • June 30, 2021

June 2021 Real Estate Update

May was a record-breaking month for the real estate market. Inventory hit all-time lows, and home prices reached record highs. With the supply of homes so tight, this sizzling seller’s market is expected to continue throughout the summer.

High demand hammered inventory in May. While the number of new listings increased, homes sold within days, leaving the market with just a few weeks of available inventory. There were 43% fewer homes on the market in King County at the end of May as compared to a year ago. The supply of homes was particularly dire on the Eastside where inventory was down 71%, leaving just 239 single-family homes for sale across the entire area, which stretches from Issaquah to Woodinville. Snohomish County saw the same trend, with inventory down 60% year-over-year. With the local economy remaining strong and population continuing to grow, don’t expect demand to slow down any time soon.

With inventory so scarce, it was yet another record-breaking month for home prices. The median price of a single-family home in King County last month jumped 29% to an all-time high of $869,975. Home prices in Seattle soared 20% to a record $919,000. The Eastside posted a median price of $1,298,475, down slightly from its all-time high, but soaring 37% from a year ago. Slim supply and high demand resulted in 78% of homes on the Eastside selling for over the list price.

A 62% jump in pending condo sales in King County indicates that some buyers are opting for a more affordable home option. At a median price of $459,000, condos look like a relative bargain when compared to single-family homes. Snohomish County home values rocketed up as well. With some of the tightest inventory in the region, home prices there shot up 35% to a record $697,000.

It’s a challenging market for buyers, and it looks like it will continue to be that way for quite some time. Now more than ever, you need a broker who can help you set your priorities, strategize your options and negotiate successfully on your behalf. And sellers need someone who really understands this fast-changing market and who can create a plan to get you the greatest return on your investment.

The charts below provide a brief overview of market activity. Every Monday, Windermere Chief Economist Matthew Gardner provides an update on the US economy and housing market. You can get Matthew’s latest update here. If you are interested in more information, your broker can provide you with a detailed analysis of your specific area.

EASTSIDE

VIEW FULL EASTSIDE REPORT

 

Subscribe to our YouTube channel!

 

KING COUNTY

VIEW FULL KING COUNTY REPORT

 

Connect with us on Facebook!

 

SEATTLE

VIEW FULL SEATTLE REPORT

 

Follow us on Instagram!

 

SNOHOMISH COUNTY

VIEW FULL SNOHOMISH COUNTY REPORT


This post originally appeared on

Circle of Friends • Food • June 11, 2021

Circle of Friends with Temple Pastries

Temple Pastries COF Card

Kari Haas is honored to partner with Temple Pastries for the May/June 2021 Circle of Friends promotion!

 

Six times a year Kari Haas partners with a local business to bring her clients a free gift. For the May/June 2021 promotion, Kari is bringing her clients a complimentary pastry from the incredible Temple Pastries!

About Temple Pastries

Located in the Central District, Temple Pastries is the actualized dream of Christina Wood who creates incredible pastries, most notable the “Cruffin”! Temple Pastries opened its doors during the pandemic and the Kari Haas Real Estate Team is proud to support their delicious endeavors. Read all about Christina Wood and Temple Pastries in Seattle Met and Seattle Eater.

Circle of Friends

The Circle of Friends program is a way for Kari to support local businesses and provide her clients with a gift. Every two months, Kari partners with a local business. Some of the businesses Kari has partnered with in the past include:

Connect with Kari Haas at 206-719-2224 to learn how you can get on her Circle of Friends list AND to create a strategy to meet your real estate needs!

For Buyers • For Sellers • Real Estate Market Updates & Insight • April 29, 2021

April 2021 Real Estate Update

Despite a bump in new listings the supply of homes still can’t keep up with the demand. The result? Multiple offers, escalation clauses, and record-breaking prices. If you’re considering selling your home, you’d be hard pressed to find a more lucrative market than what we have today.

March marked the first post-COVID/pre-COVID comparison, and the results were dramatic.

The drop in the number of listings was profound. In King County there were 54% fewer single-family homes on the market at the end of March than the same time a year ago. The Eastside had 68% fewer listings. There were just 216 homes for sale on the Eastside, which stretches from Issaquah to Woodinville. Extensive new investments there, including Amazon’s plan to add 25,000 jobs in Bellevue, will only increase demand for housing. North King County, which includes Richmond Beach and Lake Forest Park had just 26 homes for sale. In Seattle, the 498 listings there represents a drop of 18% from a year ago. Despite the comparatively greater number of listings, Seattle still has only two weeks of available inventory. The situation was even more dire in Snohomish County. With the number of homes for sale down 68%, the county has just one week of inventory.

So why is inventory so low? The pandemic certainly has played a part. People now working from home have bought up properties with more space in more desirable locations. Nervousness and uncertainty about COVID compelled many would-be sellers to postpone putting their home on the market. Downsizers who may have moved into assisted living or nursing homes are staying in place instead. But there are other factors as well.

For more than a decade, less new construction has been built relative to historical averages, particularly in the suburbs. Interest rates have also been a factor. Windermere Chief Economist Matthew Gardner noted, “I think a lot of the urgency from buyers is due to rising mortgage rates and the fear that rates are very unlikely to drop again as we move through the year, which is a safe assumption to make.” Homeowners who refinanced when rates were at record lows are staying in their homes longer, keeping more inventory off the market. And those same low interest rates have compelled many homeowners who bought a new home not to sell their previous one, but to keep it as a rental property.

While the number of listings tanked, the number of sales skyrocketed. That’s the recipe for soaring home prices. Housing prices here have been growing at the second-fastest rate in the nation for a full year. Nearly every area of King County saw double-digit price increases, with the exception of Seattle. In King County the median price for a single-family home in March was a record-high $825,000, up 15% from a year ago and an increase of 10% from February. The median home price topped $1 million for every city on the Eastside, where the overall median price surged 30% to $1,350,000, the highest median price ever recorded for the area. Seattle homes prices were also record-breaking, rising 4% to $825,000. Snohomish County prices set yet another all-time high as the median home price jumped 22% to $640,000.

The appeal of our area just keeps growing. For the second time, Washington took the No. 1 spot in the U.S. News Best States ranking – the first state to earn the top ranking twice in a row. The bottom line: the local real estate market is extremely competitive, and it shows no signs of slowing down. Successfully navigating today’s market takes a strong plan. Your broker can work with you to determine the best strategies for your individual situation.

The charts below provide a brief overview of market activity. If you are interested in more information, every Monday Windermere Chief Economist Matthew Gardner provides an update on the US economy and housing market. You can get Matthew’s latest update here.

EASTSIDE

VIEW FULL EASTSIDE REPORT

 

Kari Haas is a 2020 Five Star Professional award winner!

Click here to see her in Seattle magazine!

 

KING COUNTY

VIEW FULL KING COUNTY REPORT

 

See our latest listings here or on our YouTube channel!

 

SEATTLE

VIEW FULL SEATTLE REPORT

 

Connect with us on Facebook!

 

SNOHOMISH COUNTY

VIEW FULL SNOHOMISH COUNTY REPORT

 

Follow us on Instagram!