PNA Home Design and Remodel Fair
Not to be missed. This is a favorite of those in the Seattle area that don’t even live in the neighborhood. West Seattle, Bainbridge and Vashon Islanders, and Eastsiders can even gain something from this event.
What to expect? Great vendors, talented designers, creative contractors, skilled landscapers, answers to permitting issues, maybe your neighbors, old and new friends, not to mention at least one long time resident and Real Estate Broker heavily invested in the neighborhood! Hmmm. . . . .
You can easily walk away with swag worth than what you pay for admission, not to mention all the free advice. You will find the people you meet hear to be at the top of their game, and their names often referred to in other places in the building community. Be sure to visit the NWEcoBuilding Guild’s booth and speak with people who are passionate about sustainable, affordable and healthy homes. Learn about the upcoming free NW Green Home Tour at the end of April.
I personally know several of the vendors at this show and can speak to their integrity and passion for what they do. Please stop by and see me in the Red Room downstairs. I have some great resources on how to save money on utilities and increase the resale value of your home. I am offering some useful things to take with you as well.
Please mention this blog post for a special very Seattle-style take-away
Stop by and see me about North Seattle or West Seattle Real Estate
December Sales for Phinney Ridge Homes
Or as always, one can say Sellers Wanted! The market is changing all over King County. Seattle is even tighter on supply and in the well sought after Phinney Ridge, inventory is almost none existent. Multiple offers are expected on any sale on the Ridge. Offers higher than appraisals are quite common which means the buyers that win the “lottery” in a bidding war for a Phinney home is putting down a large enough down payment the bank happy with the appraised price. Yes, it’s a Mad, Mad, Mad, Mad World in Phinneywood real estate.
Sellers wanted, buyers are circling with pre-approvals in hand
A newer addition to the neighborhood. A local metal artist created this from scrapes with pot-lid center point. While he was explaining his work of art and sharing that he hopes to power his hot tub with (good luck on that one, we are in a bit of a wind shadow on the Ridge) he honestly almost got plowed over by the kind of cyclists that give bicyclists a bad reputation. The metal worker was inches away from what would have been a serious injury. Gezz buddy, at that point you, the cyclist, was three blocks either way from main arterial, no reason to be rolling that fast!
This can be found just north of Stumbletown.
This just seemed to have sprouted up last week!
Phinney Ridge Home With A View
Home buyers who are aware of the Phinney market, know it’s rare for a home such like this to pop up on their radar and know it won’t last long. Offers are being accepted in 4 days. For some that may sound crazy, but this is a neighborhood that Realtors circle and pounce on with their ready buyers when something new comes on our MLS. It’s the usual real estate mantra not “enough inventory”. So consider yourself on notice!
6206 2nd Ave NW is representative of a great Phinney Ridge home
Western sunset views from both the main floor living room and the master bedroom are just one feature of this classic Phinneywood home. Walk to the happening Stumbletown, or few blocks up the hill to the PNA for festivals, the farmers market or informative classes. Walk to the Woodland Park Zoo concerts, and invite your friends to walk back to your place for sunset views and conversations.
Even on winter days, this home has an abundance of light. Sunset views from both levels
This home boasts a large master suite with two more bedrooms on the upper level. The main level already has a remodeled open floor plan with the full-on floor plan of a formal living room that opens to a dining room and a kitchen with adjoining family/flex room.
The work is already done, Move in ready and enjoy all Phinney Ridge has to offer
Ideal for out of town visitors, there is also a bedroom and full bath on the main level. The basement is unfinished for your projects and awaits your vision. The street level garage attaches to the basement.
If you want to look “down” on Ballard, Bainbridge Island, the Puget Sound, and the Olympic Peninsula, now’s your chance. This Craftsman style home won’t last long. It’s not just real estate hype, it is the reality on Phinney Ridge. We have the kind of neighborhood where people move, but down the street or up the hill. If your want to know more about what makes my neighborhood special, I’m happy to share, give me a ring anytime. Call me immediately to view this home.
Phinney Ridge September Listings, Pendings and Solds
People might mistakenly think because it’s fall, the rain has started, and the kids are back in school that the market has slowed down. Well, surprise! Not on Phinney Ridge! Below you can see some changes, but activity is still brisk with herds of agents visiting every new listing on Phinney Ridge as they come on the market! That’s right it’s the multiple offer, pre-inspection scenario quite often.
There’s been a change in the market, but in reality it’s still a very tight situation.
The real estate mantra might be location, location, location. Phinneywood’s could be location, views, lifestyle. This blog points out just a few of the neighborhoods features. If I had more time, I’d be adding much more content. Yes, I love this neighborhood! If you want to buy in this area or in another great Seattle neighborhoods let me know. I have successfully informed people of other areas similar to Phinney Ridge, if they can’t afford the price points here yet or if they work on the other side of the soon to be Highway 99 tunnel. I am currently working with some first time homebuyers that are pleasantly surprised with what they can get with their money in this market!
One can see, things are lasting very long here.
This chart above shows people more often than not get their asking price. There simply isn’t enough property for Sale in the Phinney Ridge and Greenwood neighborhoods!
Disclaimer – I am not an advocate of defacing public (or private) property. On a recent hectic day, this was stumbled upon and it did indeed make me reflect. Phinney Ridge has so many wonderful public art pieces, it’s a delight to encounter ”guerrilla art” from time to time. Maybe a term could be coined “guerrilla affirmations”!
Stop and smell the roses
If you want to know what I like about this neighborhood or other ones in the Greater Seattle area, I’m happy to share. Each urban village in the city has it’s own personality. Phinney is family friendly, has a great walkscore, bicycle arterials and close proximity to main commuter routes. It’s directly in between the better known “hot” neighborhoods of Ballard and Greenlake and looks over both toward mountain ranges. Phinney/Fremont is one of Seattle’s famous seven hills which also incorporates some great parks and public spaces. Housing can be scarce here as it’s a very desirable neighborhood to live in with a wide price range of homes, condos and apartments.
August Market Report For Phinney Ridge and Greenwood
Buyers are still snapping up homes on Phinney Ridge as soon as the come on the market. It’s safe to say Phinney Ridge is a sellers market. We aren’t back to 2007 prices, but they are on the rise.
More home buyers than home sellers for Phinney Ridge
The Greenwood neighborhood just north of Phinney Ridge continues to show improvement in the Market as well. The inventory is tightening more than some other parts of Seattle.
Greenwood Continues to show improvement
The fall season traditionally slows down in the Real Estate Market. With historically low interest rates and improved job growth in the greater Seattle area, it may not be the case this year.
Please contact me if you would like a more in depth market analysis on your neighborhood and your home.
July Sales in Phinneywood and the NWMLS
Sorry, and yes, it’s the broken record once again only competition is even higher this month. Sales outpace listings again in our neighborhood. This month illustrates Phinney and Greenwood neighborhoods as they are separate listings in the North West Multiple Listing Service or the NWMLS. If you aren’t aware aware of this organization, this is the central database for sales and rental listings for most of western WA and some of central and eastern WA. When you hire a real estate professional we index our listings to this central database that only can be accessed by other real estate “brokers”. Although there are several different companies that claim to have the same access they aren’t “live” like a Real Estate Professional’s access. They can lag 24 to 48 hours or even more behind the actual updated inventory. Sad to say, your “smart” phone could be a little slow and unable to access the most current information.
Not enough homes for sale on Phinney Ridge
Often in other times or other markets, this may not be of any concern. However, I believe you can see by these numbers that’s not the case in some neighborhoods like Phinney Ridge. See above graph.
Greenwood sales tightening
In 24 hours someone else may have viewed the home, arranged an inspection and submitted an offer, exactly like I did for a couple of recently thrilled clients. I had an offer written and ready to go with a completed pre-inspection before it even showed up on other people’s smartphones. I successfully saved them from what could have be a bidding war with several parties involved. They relied on the Real Estate Broker, not their smart phone and in less than 30 days moved out of a small 2 bedroom apartment. They now have a beautiful 3 bedroom family home with a gorgeous garden and room for their dog to romp. Have to say, it couldn’t have happened to a nicer couple! Not only were my clients thrilled to find this special home, but the sellers were happy to sell their family home to these great buyers. It was a feel good moment at the signing with everyone feeling like a winner.
Want to move out of your apartment in the next couple of months? You might be interested to know that often the current mortgage rates are so low it’s almost like paying rent. Have questions? Please give me a ring.
PNA New Business Group adds Google Groups
The newly formed Phinney Neighborhood Association Business Group is the co-mingling of the PNA and the former Phinney/Greenwood Chamber of Commerce. Also called “Phinneywood“. As part of the task force I can attest to the thought and effort put into this new venture. We indeed have some very talented people with business interests in our neighborhood and people who are invested in getting the word out about this special area of Seattle. As a 25+ year member of the Phinney Neighbor Association I couldn’t be prouder. Our neighborhood center has been a model for many others that followed. The volunteerism and hours put into our “urban village” indeed is like those small town Americas. With long time leaders and new infusion of talent and ideas somehow pulling together year after year and continuing on through the decades. I am in awe of the seemingly impossible things they accomplish.
Information on PNA Business members
As an offshoot of this new organization of the PNA Business Group is the new Google Group concept. There are several categories that have been suggested. It’s important to know you don’t have to have a business or one in the neighborhood. Just an interest in the topic or in the area. The groups are meant for positive infusion of ideas and information and ultimately to encourage growth and awareness of businesses in the Phinney Ridge and Greenwood areas.
If you own a business in Phinney Ridge, Greenwood, East Ballard, Upper Fremont, or West Greenlake, you might want to look into the Business Group. If you like the area or have an interest in particular subject matter you can still join in on a Google Group whether or not you are a business owner.
If you want to know more about Real Estate in the area I’m here to help.
“Great Wheel” of Seattle, aka The First One
The modern Seattle Ferris Wheel. Read the link for the first wheel on Phinney Ridge.
The Sunday Seattle Times recently published an article showing what very well may have been the first ferris wheel in Seattle in 1926. It was perched on Phinney Ridge, which was a destination in those days from downtown. Not far from Guy Phinney’s property (which is now the Woodland Park Zoo and Woodland Park). Not far from Green Lake and the weekend cabins that dotted the surrounding area. Be sure and read Paul Dorpat’s article. Also see the great photos from the Museum of History and Industry at the previous link.
Phinney Ridge and nearby adjacent Greenwood are great neighborhoods. If you want to know more about what makes them special, please ask. I am happy to fill you in.