May numbers are out! No surprise here: it’s still a strong seller’s market. May ended with 1.5 months of inventory–below 3 months is a seller’s market. Last year, the market eased a bit in the April/May timeframe, not this year.

Interest rates have ticked-up, which means buyers have slightly less buying power (if rates go up a point, your buying power lowers by 10%). It will be interesting to see if the rate increase stimulates more activity or causes buyers to tap the breaks. Either way it’s a great time to buy (interest rates are still very low) and/or sell—you just need a pro to help you!

Click here for the stat graphs: http://sanditampa.com/eastside-market-stats/

Looking forward to Windermere’s Community Service Day on Friday! It’s always a fun day of giving and camaraderie (and a harsh reality check regarding my lack of ‘real world’ skills—painting, landscaping, etc.).

Zoey’s Yogurt as a reward for having their rooms ‘show ready’ for a quick sale.

I'm pleased to present this darling home located 2 blocks from the Alaskan Junction in West Seattle. It’s been pre-inspected and we’re looking at offers on Tuesday.  http://www.sanditampa.com/listing/WA/Seattle/4551-46th-Ave-SW-98116/34113362

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This was a fun one!

It continues to be a crazy market out there! In the last 10 days I have been in 7 multiple offer situations. Won 2 and lost 4 to cash buyers—we were the 2nd choice in all 4 (the other was lost because we weren’t high enough in price, which we knew would happen).

Located in Eastgate and priced at $495,000, this 1-story with basement home offers 3 bedrooms and 1.75 baths in 1680 square feet.

The light and bright main level offers hardwood floors, vaulted ceilings, a skylight, 3 bedrooms & a stylishly remodeled full bath. The lower level features a spacious family room, 3/4 bath, large laundry room & access to the attached garage. The garage is technically a 1-car garage, but it almost has room for a 2nd car, so lots of room for storage. You will love the huge yard—plenty of gardening, playing and entertaining space. Pre-inspected.

This home has been pre-inspected and offers these quality updates: 2015 Electric panel ~ 2015 & 2007 Roof (completed in portions) ~ 2008 High efficiency furnace with electronic air filters ~ 2008 Tankless hot water heater ~ Copper plumbing (except in downstairs bath) ~ Double-paned windows

Check out the interactive floorplan: http://tour.vht.com/433213085/4266-147th-ave-se-bellevue-wa-98006/ifloorplan
 

If you know me, you know I’m a numbers girl. I finally added a stats section to my website (www.sanditampa.com/eastside-market-stats). The data confirms what I’m experiencing in the field—it’s a STRONG seller’s market March saw a dip to 1 month of inventory (based on pending sales). Anything below 3 months of inventory is a seller’s market.

Kathleen Callahan and Nick Sooy!!!

To celebrate Mariner’s Opening Day and the start of baseball season I’m doing a giveaway/contest. I will select two winners who can choose from:

1. A pair of Terrace Level tickets (some restrictions apply); or
2. $50 Starbucks gift card.

Want to play? Here’s how:

Simply leave a comment below about your favorite thing about baseball season between now and Opening Day, April 6th, at noon (PST). Whether it’s a favorite baseball moment, favorite player or whiskers on kittens—I want to hear about it! One entry per person please.

On April 6th, I will draw a name from a hat to pick the two winners. Good luck!