Community Info July 27, 2017

The Gardner Report – Second Quarter 2017

The Gardner Report  | Western Washington Q2 2017

The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact me.

ECONOMIC OVERVIEW


The Washington State economy has been expanding at a rapid pace but we are seeing a slowdown as the state grows closer to full employment. Given the solid growth, I would expect to see income growth move markedly higher, though this has yet to materialize. I anticipate that we will see faster income growth in the second half of the year. I still believe that the state will add around 70,000 jobs in 2017.

Washington State, as well as the markets that make up Western Washington, continue to see unemployment fall. The latest state-wide report now shows a rate of 4.5%—the lowest rate since data started to be collected in 1976.

I believe that growth in the state will continue to outperform the U.S. as a whole and, with such robust expansion, I would not be surprised to see more people relocate here as they see Washington as a market that offers substantial opportunity.

HOME SALES ACTIVITY


  • There were 23,349 home sales during the second quarter of 2017. This is an increase of 1.1% from the same period in 2016.
  • Clallam County maintains its position as number one for sales growth over the past 12 months. Double-digit gains in sales were seen in just three other counties, which is a sharp drop from prior reports. I attribute this to inventory constraints rather than any tangible drop in demand. The only modest decline in sales last quarter was seen in Grays Harbor County.
  • The number of homes for sale, unfortunately, showed no improvement, with an average of just 9,279 listings in the quarter, a decline of 20.4% from the second quarter of 2016. Pending sales rose by 3.6% relative to the same quarter a year ago.
  • The key takeaway from this data is that it is unlikely we will see a significant increase in the number of homes for sale for the rest of 2017.
Annual Change in Home Sales

HOME PRICES


  • Along with the expanding economy, home prices continue to rise at very robust rates. Year-over-year, average prices rose 14.9%. The region’s average sales price is now $470,187.
  • Price growth in Western Washington continues to impress as competition for the limited number of homes for sale remains very strong. With little easing in supply, we anticipate that prices will continue to rise at above long-term averages.
  • When compared to the same period a year ago, price growth was most pronounced in San Juan County where sale prices were 29.2% higher than second quarter of 2016. Eight additional counties experienced double-digit price growth.
  • The specter of rising interest rates failed to materialize last quarter, but this actually functioned to get more would-be buyers off the fence and into the market. This led to even more demand which translated into rising home prices.
Western Washington Heat Map
Annual Change in Home Sale Prices

DAYS ON MARKET


  • The average number of days it took to sell a home in the quarter dropped by 18 days when compared to the same quarter of 2016.
  • King County remains the tightest market; homes, on average, sold in a remarkable 15 days. Every county in this report saw the length of time it took to sell a home drop from the same period a year ago.
  • Last quarter, it took an average of 48 days to sell a home. This is down from the 66 days it took in the second quarter of 2016.
  • Given the marked lack of inventory, I would not be surprised to see the length of time it takes to sell a home drop further before the end of the year.
Average Days on Market

CONCLUSIONS


Market Speedometer
This speedometer reflects the state of the region’s housing market using housing inventory, price gains, home sales, interest rates, and larger economic factors. For the second quarter of 2017, I moved the needle a little more in favor of sellers. To define the Western Washington market as “tight” is somewhat of an understatement. Inventory is short and buyers are plentiful. Something must give, but unless we see builders delivering substantially more units than they have been, it will remain staunchly a sellers’ market for the balance of the year. Furthermore, increasing mortgage rates have failed to materialize and, with employment and income growth on the rise, the regional housing market will continue to be very robust.

ABOUT MATTHEW GARDNER


Matthew Gardner is the Chief Economist for Windermere Real Estate, specializing in residential market analysis, commercial/industrial market analysis, financial analysis, and land use and regional economics. He is the former Principal of Gardner Economics, and has more than 30 years of professional experience both in the U.S. and U.K.
Mukilteo July 7, 2017

The Insider’s Guide to the Best Shopping & Dining in Mukilteo

Mukilteo is packed with shopping and dining destinations and we have your insider’s guide to some of the best. From gifts to breakfast to seafood, our residents know the top places to get the most bang for your buck.

Here is our guide to the 20 most recommended shopping and dining spots in Mukilteo:


SHOPPING

Beach Glass by K. Miller Interiors

  • Located at 619 4th St. Mukilteo, WA 98275
  • Hours: 10:00am-4:00pm Tuesday-Saturday; closed Sunday-Monday

Need a unique gift? “One of my favorite places to shop in Mukilteo for special gift items is Beach Glass,” Jenny shares. “Tucked away in a quaint courtyard and neighboring the popular Red Cup Cafe, this little shop is packed with unique items. BONUS, the owner (Krista) also offers specialized design services. Check it out!”

 

Proper Picnic

This summer, leave the picnicking to the pros at Proper Picnic. “Proper Picnic is based in Mukilteo,” shares Jen Bowman. “Seems to be a very cool, niche business we should promote!!” Though mainly online, they do have physical locations that Jen hopes to check out soon. “I haven’t stopped by to see what they have. Field trip?”

Mukilteo Chocolate Company

  • Located at 407 Lincoln Ave. Mukilteo, WA 98275
  • Hours: 10:00am-6:00pm Monday-Saturday; closed Sunday

If you need to satisfy your sweet tooth, stop by the Mukilteo Chocolate Company.  “Mukilteo Chocolate Co. [is] where you can find individually hand crafted fine European chocolate…oh so yummy,” shares Aranka Fruehauf. “They also serve ice cream.” While you’re there, “say hi to Jan who owns and makes the chocolate!”

Mukilteo Farmers Market

  • Located at 609 Front St. Mukilteo, WA 98275
  • Hours: 3:00pm-7:00pm Wednesday Only (June-September)

If you want fresh food and neighborhood togetherness, look no further than the Mukilteo Farmers Market. “ I love to go [to the] farmers market,” shares Janet Buehler. “It’s my favorite place to shop,” and with talented local vendors and events that serve the community, it’s not hard to see why!

ACE Hardware

  • Located at 12680 Mukilteo Speedway Mukilteo, WA 98275
  • Hours: 8:00am-8:00pm

For your home improvement needs, both Janet and Jenny recommend Mukilteo’s ACE Hardware. “…If you have any improvement issues or just need quick help finding just about anything… every single employee at ACE can help you,” Jenny shares. “Sometimes their advice sends you out the door without purchasing a single thing (like using match sticks to tighten screw holes). Also, this is the absolute best place to get keys made—they ALWAYS work!!”


DINING

The Scotsman Bistro

  • Located at 11601 Harbour Pointe Blvd. Mukilteo, WA 98275
  • Hours: 3:00pm-10:00pm Monday; 11:00am-10:00pm Tuesday-Thursday; 11:00am-11:00pm Friday; 3:00pm-11:00pm Saturday; closed Sunday

If you find yourself in Harbour Pointe, check out The Scotsman Bistro.  “…In HP you can walk to the Scotsman,” shares Jenny. “On the weekends they bring in Scottish musicians. The owner is always there and loves to chat (with his thick Scottish accent) to all his patrons!” From the food to the scotch, it’s easy to see why this is a top Mukilteo dining destination.

The Sydney Bakery & Wine Bar

  • Located at 613 5th St. Mukilteo, WA 98275
  • Hours: 8:30am-5:00pm Monday-Thursday & Saturday; 8:30am-8:00pm Friday; 8:30am-3:00pm Sunday

Wake up on the right side of the bed with breakfast at the Sydney Bakery & Wine Bar. Freshly baked cinnamon rolls and sticky buns, plus a cappuccino or coffee (highly recommended by Jenny!) are sure to give you the energy to jump start your day.

Red Cup Cafe

  • Located at 619 4th St. Mukilteo, WA 98275
  • Hours: 7:00am-5:00pm

Another popular spot suggested by Jenny and Aranka, Red Cup Cafe serves up delicious items and soothing views. “Make sure to walk over the delightful courtyard to get fresh coffee at Red Cup,” Aranka shares. “They also serve lunch. It’s so relaxing to sit and sip coffee and look at the Olympics, and ferry sailings.”

Amici Bistro

  • Located at 8004 Mukilteo Speedway Mukilteo, WA 98275
  • Hours: 3:00pm-9:00pm Tuesday-Thursday; 3:00pm-10:00pm Friday; 5:00pm-10:00pm Saturday; 4:00pm-9:00pm Sunday; closed Monday

Known as the “best kept secret” of the North End, Amici Bistro is the place for local Italian cuisine. Homemade sausage, pizza dough, sauces, and more ensure that no matter why you’re there, you will have a delicious and memorable meal.

Mukilteo’s Speedway Cafe

  • Located at 11707 Mukilteo Speedway Mukilteo, WA 98275
  • Hours: 6:00am-3:00pm Monday-Saturday; closed Sunday

For the best breakfast in town, there’s no beating Mukilteo’s Speedway Cafe. Fresh variations on classic diner dishes and prompt service promise that you will leave feeling full and ready to start the day.

The Diamond Knot Brewery & Alehouse

  • Located at 621 Front St. Mukilteo, WA 98275
  • Hours: 10:00am-1:00am Monday-Friday; 8:00am-1:00am Saturday-Sunday

Before hopping a ferry, grab some grub and beer at the Diamond Knot Brewery & Alehouse. “The flagship location of Diamond Knot brewery is right near the ferry terminal,” shares Brian Hayter. “Great beer, food, and peanut shells on the floor!”

 

Thai Rama 3

  • Located at 12190 Village Center Pl. Mukilteo, WA 98275
  • Hours: 11:00am-9:00pm Monday-Thursday; 11:00am-10:00pm Friday; 4:00pm-9:30pm Saturday; 4:00pm-9:00pm Sunday

In the mood for some Thai? “After a round go to Thai Rama 3 for a drink and by far the best Thai food for miles,” shares Janet. They also offer takeout, so you can enjoy their extensive list of yummy dishes at home!

 

Ivar’s Mukilteo Landing

  • Located at 710 Front St. Mukilteo, WA 98275
  • Hours: 10:00am-10:00pm Sunday-Thursday; 10:00am-11:00pm Friday-Saturday

When it comes to seafood, Jen recommends Ivar’s. “Love the walk up Ivar’s fish bar for quick fish and chips to take to the beach and watch the sunset over Whidbey Island,” she shares. Aranka agrees, saying of both this spot and Arnies: “who can say no to the best seafood places in town?”

 

Arnies Restaurant & Bar

  • Located at 714 2nd St. Mukilteo, WA 98275
  • Hours: 11:00am-10:00pm Monday-Thursday; 11:00am-11:00pm Friday-Saturday; 10:00am-10:00pm Sunday

The second destination suggested by Aranka, Arnies Restaurant & Bar offers delicious local seafood and sweeping views of Puget Sound and the Olympic Mountains. “If we can’t decide on dinner, we always end up at Arnie’s,” Aranka shares, solidifying it as a local go-to.

 

Sully’s Pizza & Calzones

  • Located at 403 Lincoln Ave. Mukilteo, WA 98275
  • Hours: 10:30am-9:00pm

If you’re near Red Cup and want some pizza, stop by Sully’s Pizza & Calzones. “From the same courtyard [as Red Cup], you can walk over to Sully’s Pizza where they serve gluten free and vegetarian pizza,” Aranka shares. Named after former mayor Brian Sullivan, Sully’s is a Mukilteo staple.

 

Brooklyn Bros. Pizzeria

  • Located at 8326 Mukilteo Speedway Mukilteo, WA 98275
  • Hours: 11:00am-8:00pm Sunday-Thursday; 11:00am-9:00pm Friday-Saturday

Another pizzeria on Aranka’s list is Brooklyn Bros. “Friday nights when we don’t feel like driving, it’s fun to walk down to get the best pizza in the area, Brooklyn Bros,” she notes. High quality ingredients, a perfectly-cooked crust, and intense flavors make these pies the best west of the Hudson.

 

The Mukilteo Lodge

  • Located at 7928 Mukilteo Speedway Mukilteo, WA 98275
  • Hours: 11:00am-12:00am Sunday-Wednesday; 11:00am-2:00am Thursday-Saturday

Calling all sports fans! The Mukilteo Lodge is a great place to “get a drink or watch a game,” according to Aranka. With extensive draft beers, hearty dishes, and game happy hours, you can cheer your team onto victory in true American style.

 

Mukilteo Thai Restaurant

  • Located at 8410 Mukilteo Speedway Mukilteo, WA 98275
  • Hours: 11:00am-9:00pm Thursday; 11:00am-10:00pm Friday; 12:00pm-9:00pm Saturday-Sunday; closed Monday-Wednesday

For authentic Thai, nothing’s better than Mukilteo Thai. A wide array of curries, appetizers, and other specialties are made-to-order, so you will always have your meal prepared just the way you like. Aranka’s menu suggestion? “My favorite is the Tiger Tearless.”

 

Cafe Soleil

  • Located at 9999 Harbour Pl. #105 Mukilteo, WA 98275
  • Hours: 11:00am-1:45pm & 5:00pm-8:45pm Tuesday-Friday; 12:00pm-2:15pm & 5:00pm-8:45pm Saturday; 5:00pm-8:00pm Sunday; closed Monday

“[There are] so many great places to eat in Mukilteo,” Aranka notes. But her “…new favorite is Café Soleil, [a] euro-Japanese kitchen and it is family owned. The food is great and the service is superb! I love to hang out with the chef and get [a] good recommendation for the day.” Her tip? “Have you ever had a green tea crème brulee for dessert? I had and it was delicious!”

 

John’s Grill

  • Located at 649 5th St. #100 Mukilteo, WA 98275
  • Hours: 4:30pm-9:00pm Tuesday-Saturday; closed Sunday-Monday

“For a special celebration, I recommend John’s Grill in Old Town,” Aranka shares. “Everything is delicious.” From steak to seafood, all dishes are flavorful and showcase the head chef’s culinary expertise. Aranka’s top dish? “My favorite is the steak and grilled prawns.”


Mukilteo July 7, 2017

A Destination City for Outdoor Lovers: 9 Tips for Exploring Mukilteo

From trails to parks and everything in between, our residents know the best spots to make the most of the great outdoors in Mukilteo.

Here are 9 tips for getting active and exploring Mukilteo:

Big Gulch Trail System

Located at 9600 Mukilteo Speedway Mukilteo, WA 98275

A local favorite, there is no beating the Big Gulch Trail System. “Love love love big gulch trail,” shares Janet Buehler. “One minute you’re in the middle of civilization and the next you’re far far away in a place that could be hundreds of miles away. Just a small sign marks the trailhead across from the fire department. I’ve spent many hours breathing, thinking, singing on that trail!”

Aurora Pedrola agrees: “The Big Gulch Trail System! Wonderful hiking, easy access and beautiful scenery.” Aranka Fruehauf adds that it’s a “great way to connect with nature and dogs are welcome!”

Finally, Jenny Eglian has some second-hand knowledge: “I don’t personally do this but have heard rumors that the gulch offers a phenomenal mountain bike trail system for the hardcore mountain bikers. My brother-in-law is a mountain biker living in Louisville KY and he has heard and biked the trail! Pretty sure it is a favorite activity for many Mukilteoans (is that a word?).”

 

Japanese Gulch

Located at 1301 5th St. Mukilteo, WA 98275

A top hiking spot, the Japanese Gulch has built a reputation among bikers as well. According to Janet, “Japanese Gulch is widely known by mountain bikers far and wide as one of the best urban rides around!!! Not to be underestimated as bikers come from different states to ride this special trail.”

Tails & Trails Dog Park

Located at 1130 5th St. Mukilteo, WA 98275

The first and only off-leash dog park in Mukilteo, Tails & Trails Dog Park is a must for dog owners. Janet describes it as “a meeting place for like-minded dog owners to gather with their four-legged friends.” It is the perfect spot to enjoy the weather, meet new friends, and spend time with your pup.

Mukilteo Community Beach Park (Lighthouse Park)

Located at 609 Front St. Mukilteo, WA 98275

A must-see for locals and tourists, Lighthouse Park is packed with things to do. Campfires on the beach, a playground, tours of the lighthouse, and so much more make this the ideal place to enjoy a warm summer day in Mukilteo.

Mukilteo Pioneer Cemetery

Located at 513 Webster St. Mukilteo, WA 98275

Pay tribute to Mukilteo’s founders at the Pioneer Cemetery. “Don’t forget the landmark graveyard,” shares Janet. “Headstones tell the story of our founder’s lives and untimely deaths including the young from influenza and those that built and called Mukilteo (“good camping spot”) their permanent home.”

Harbour Pointe Golf Club

Located at 11817 Harbour Pointe Blvd. Mukilteo, WA 98275

Time to clean off those clubs! “Our Harbour pointe golf course with its famous signature 10th hole featured in golf digest presents golfers with challenging golf and breathtaking scenery,” says Janet. With programs for all ages and genders, everyone can take advantage of the beauty and fun Harbour Pointe offers.

 

92nd Street Park

Located at 4800 92nd St. SW Mukilteo, WA 98275

“Mukilteo has lots of small and big parks, most of them ideal for reading, picnicking and relaxing,” Aranka shares. “One of my favorite is the 92nd street park where kids can play on different play equipment.” If your little one needs to run off some steam, check out 92nd Street Park.

 

Mukilteo T-Dock

Located near 796 Front St. Mukilteo, WA 98275

Mukilteo even has spots for divers! “Not well known, but there is a dive site of off “T-Dock” on Front Street,” shares Aranka. Indeed, this spot is a favorite for night and deep divers and offers opportunities for viewing Puget Sound’s water life. For a dive to remember, check out the T-Dock.

 

Mukilteo Community Garden

Located at 7609 44th Ave. W Mukilteo, WA 98275

“If you don’t feel like hiking, but like to be outside, you can always volunteer at the Mukilteo Community Garden,” shares Aranka. “They grow lots of veggies to support the neighborhood food banks. You can also rent a bed to grow your own organic veggies.” Enjoy nature and help your community flourish at this quaint garden.


Mukilteo July 7, 2017

Your Go-To Guide For A Day at the Beach in Mukilteo

Nothing quite says summer like a fun and relaxing day at the beach! Luckily, we have Mukilteo’s go-to guide for getting the most out of a day in the sand. From ferries to festivals, we’ve got you covered!

Check out what our fellow residents recommend for a day at the beach in Mukilteo:

When it comes to beaches, Jenny Eglian suggests staying local: “I happen to think one of the best beaches in Snohomish County is right in the MUK,” she shares. “Our beach features built-in fire pits, a fantastic beach side playground, a substantial shelter perfect for parties all year round, boat launch, lighthouse, plus ice cream and fish & chips within walking distance to the beach.” She even shares a special tip: “Bonus, if you’re a resident of Mukilteo you get a free parking pass to the beach park!”

Known as Lighthouse Park, this hangout destination is a local must-see. Here, according to Aranka Fruehauf, “kids can play in the new playgrounds, make campfire on the beach…watch people get married by the beach on the Wedding Circle,” and so much more. She suggests that you “take the Lighthouse Tour, launch your boat and go for salmon fishing or crabbing.”

If you don’t have a boat of your own, you can follow Jenny’s suggestion and “hop on the ferry at sunset. It is a quick ride to Clinton and back.” While you’re on land, check out Clinton Beach. “Clinton also has a nice little beach with toys for those with little ones who choose this inexpensive adventure to do on any given day,” Jenny shares.

Fun in the sun can work up an appetite, so Jenny and Aranka recommend three spots to satisfy any taste buds. “In the summer, I like to grab some fish & chips to go from Ivar’s,” Jenny shares. Aranka seconds Ivar’s and includes Arnies, another great seafood destination. She also recommends topping off the day “with delicious ice cream at Diamond Knot(they have great food and beer too).” It’s a win-win for everyone!

Lighthouse Park is not only great for a beach day, but also hosts awesome community events. For example, Aranka loves “the Farmer’s Market on Wednesday afternoons not just to get fresh produce, but also run into friends and neighbors. I bring my dog Molly to socialize and see her doggie friends too.”

She also highly recommends Mukilteo’s annual Lighthouse Festival. “Of course the summer highlight is the Lighthouse Festival with lots of activities and a grand fireworks on the water.” Janet Buehler seconds this recommendation: “Don’t forget the lighthouse festival!!! The race, the food, the community parties and fireworks!!!!” No matter how you spend your beach day in Mukilteo, you are sure to make lasting memories.


Mukilteo July 7, 2017

6 Aviation-Related Opportunities Not to Miss Out on in Mukilteo

From inspiring aviation education to exciting aviation-related career possibilities, the Mukilteo area is your go-to for reaching new heights (literally!). Take advantage of living in or visiting the Mukilteo area, and check out these top-notch tips on aviation-related sights, events and opportunities from locals:

Paine Field

  • Located at 3220 100th St. SW Everett, WA 98204

In the fall of 2018, Alaska Airlines will begin offering commercial flights out of Paine Field, which is a huge deal for Mukilteo and its surrounding cities! Alaska Airlines will start by offering 9 flights per day, which the airline estimates will help over a million people drastically shorten their commute times. In early 2018, Alaska Airlines will announce flight schedules and routes, and will being selling tickets. Get the full scoop here!

As far as how this will impact locals, Aranka Fruehauf has some thoughts and insight on this major addition:

“For many years I felt very much against bringing commercial airport to Mukilteo—not to my backyard! Just the thought of it terrified me; what could happen to my little community, home values, to schools and to air quality… those are real issues. But now [that] the fight is over to stop the airport, I have been thinking a lot [about] how it really will affect my personal life and my sweet little community.”

“I have also spoke with several people who [have] lived/or have relatives living close to [a] small airport, [and I think that] bringing a small airport to my community might have benefits. When I travel to west coast cities, I will not need to drive to Seattle (we all know how bad the traffic is regardless the time of the day)—I will save at least 4 hours of driving, not to mention parking cost! I probably should factor in the stress too.”

“I like to think forward… in my opinion the airport, is not going to be a liability, but rather an asset. Just like we used to think that living close to buses and freeways [could be] detrimental for home values… well… I don’t think that way any more… look at the home values located close to train/light rail stations. I’m actually excited that we have so many options of transportation in Mukilteo. The media talks so much about ‘the airport noise and Mukilteo,’ [and] in my opinion the noise might be more noticeable in Lynnwood, Everett and Edmonds than [in] Mukilteo.”

Additionally, if you’re looking for a job in aviation, you’ll definitely want to check out Paine Field! A unique airport, it’s home to over 650 aircraft, a Boeing manufacturing plant, and five aviation restoration/tour centers. Paine Field provides high-quality services to customers and has brought nearly 76,000 jobs to the local economy. You can learn more about employment with Paine Field here.

Future of Flight Aviation Center & Boeing Tour

  • Located at 8415 Paine Field Blvd. Mukilteo, WA 98275
  • Hours: 8:30am-5:30pm (Aviation Center); 9:00am-3:00pm (Boeing Tour)

For a one-of-a-kind experience perfect for all ages, Aranka Fruehauf suggests the Future of Flight: “[I] recommend visiting Future of Flight Aviation Center,” she shares. Here “…you can see models of jet engines, design your own airplane and this is where you start the Boeing Factory Tour,” the only opportunity to publicly tour a commercial jet assembly plant in North America.

Historic Flight Foundation

  • Located at 10719 Bernie Webber Dr. Mukilteo, WA 98275
  • Hours: 10:00am-5:00pm Tuesday-Sunday; closed Monday

Aviation and history buffs will love the Historic Flight Foundation! They offer a collection of the most important aircraft from 1927 to 1957, fully restored and airborne. You can experience the roar of a classic engine, watch the restoration process in action, and marvel at the results of innovation from some of the greatest trailblazers.

 

Flying Heritage & Combat Armor Museum (FHCAM)

  • Located at 3407 109th St. SW Everett, WA 98204
  • Hours: 10:00am-5:00pm (7 days a week from Memorial Day-Labor Day; then Tuesday-Sunday)

Give your kids a deeper education at the Flying Heritage & Combat Armor Museum. With interactive exhibits featuring a rare collection of authentically restored aircraft, tanks, and other technologies from World War II, your children will get a look into the past and a glimpse what it takes to preserve these artifacts for the future.

 

Paine Field Aviation Day

  • Located at 9689 Airport Rd. Everett, WA 98204
  • When: Every year in May

For an event everyone will love, Aranka has a recommendation: “Once a year we have Aviation Day,” she shares. “It’s a must-do, especially if you have kids… they can take a flight and meet the pilots, view one-of-a-kind aircraft, and watch flying demonstrations.” This year’s Aviation Day has already passed, but be sure to keep your eyes open for 2018!

 

FHCAM Skyfair

  • Located at 3407 109th St. SW Everett, WA 98204
  • When: July 22, 2017; 10:00am-4:00pm

Summertime is perfect for air shows, and Mukilteo has some of the best. “The air shows are fantastic to watch,” shares Greg Buehler. “I’m sure that future pilots and engineers have been inspired by witnessing [these exhilarating air show events].” FHCAM’s annual Skyfair is coming this July and will feature vendors, kids activities, and a fantastic flying show at 1:30pm. You can find a full schedule of events here.


Monthly Newletter July 4, 2017

Buyers: Keep Your Head Down, This May be Your Time

The first five months of 2017 have been a grind for buyers in our area. Inventory has been quite limited and demand has been off the charts. However, in the month of May we started to see things loosen up, with the highest rate of new listings coming to market in some time. Above are two market samplings from the Greater Seattle area: north King County and south Snohomish County which are reflective of our entire market.
South Snohomish County:
In May we saw just over 1,000 new listings come to market in south Snohomish County; the highest inventory push in one given month in over five years! In fact, it was a 46% increase over the previous month, and a 17% increase from the same month a year ago. This is good news for buyers, finally! One should note, however, that pending sales nearly mirrored the number of new listings, illustrating that demand is still very strong.
I think we will see that opportunities have loosened up for buyers in the list-to-sale price ratios that will post in June closings (May pendings). My prediction is that they will have tempered a bit from the 103% posting in May, purely based on buyers having more selection.
Demand surely met the new surge of inventory, but from what I am observing in the market, not all homes are getting multiple offers. When there are multiple offers, smaller groups of buyers may be vying for one house. We have even seen more price reductions in May with overzealous sellers not paying close attention these slight shifts in the market.
Don’t get me wrong, the good houses that are well-priced and looking good are seeing great price escalation and competition, but some are simply selling with a one-buyer audience. There are just more opportunities when there is more inventory, and this is good news for all of us as tempered price growth is needed after a 51% increase in median price over the last four years.
North King County:
In May, we saw just over 800 new listings come to market in north King County; the highest inventory push in one given month in over three years! In fact, it was a 33% increase over the previous month and a 9% increase from the same month a year ago. Pending sales also met demand here, but more buyers were able to land a home, which is good news. List-to-sale price ratios recorded at an average of 107% in this area, so definitely a needed tempering as we head into June.
When you are closer to jobs centers demand is higher, so the in-city market will continue to present a hustle for buyers, but more listings will equal a better chance of landing a house close to work. Prices in this area have increased 60% over the last four years.
Interest Rates: 
Currently, interest rates are a buyer’s dream come true! We started the year at 4.25%, bumped up to 4.375% in early spring, and we have inched down to 4% most recently. This reduction in rate is saving buyers thousands of dollars over the course of their mortgage on their monthly payments, somewhat offsetting the increase in prices since the first of the year. This is something to pay attention to, and could not come at a better time as it is coupled with more inventory. Inventory in June and July should continue to be strong as the long winter delayed folks getting to market, and many sellers are taking advantage of the prices.If you have thought about making a move or even your first purchase, now may be the time to not just dip your toe in the pool, but to jump in. It is summer and who doesn’t like a nice swim? Especially if that pool has more homes than we’ve seen in some time and cheap money. If you or anyone you know is interested in learning more about our market please contact me, as it is my goal to keep my clients informed and empower strong decisions.
Community Service Day 2017:
How Does Your Garden Grow?

Windermere’s Community Service Day was established in 1984 to offer agents and staff a chance to volunteer an entire workday to give back to the neighborhoods in which they live and work.

On June 9th, my office spent the day with the Snohomish Garden Club constructing trellises, staking beds, planting, weeding, labeling and sprucing everything up.

The Snohomish Garden Club provided 8,000 pounds of fresh produce to the Snohomish and Maltby Food Banks last year. The land for the garden is generously donated by the Bailey Family Farm.

For more information on these great organizations and how you can lend a hand, please visit:
SnohomishGardenClub.org
MaltbyFoodBank.org/wordpress
SnohomishFoodBank.org

Your go-to guide for things to do this summer around the beautiful Pacific Northwest! Click here for a printable pdf of this list. And for locations and listings of outdoor movies this summer click here.

June

July

August

Happy Summer!

Do you want to be “In the Know” in your neighborhood? Sign up for a monthly overview of what’s happening in the zip code(s) of your choice. Neighborhood News is a great tool to stay informed about the home values and activity in your own backyard or to study a new market you may be interested in.Click here to sign up on my website.
Lynnwood June 6, 2017

13 Gorgeous Instagram Photos of Lynnwood You Need to See

 

Whether you’re looking for a gorgeous spot to spend the day or searching for a scenic area to snap a few family photos, Lynnwood is brimming with beauty if you know where to look! Enjoy these Instagram photos taken throughout Lynnwood to see all that this dynamic city has to offer:


1 & 2. Scriber Lake Park

Both of these views of Scriber Lake Park in Lynnwood are stunning, and this 22-acre park is definitely worth checking out. It features the lake, a floating boardwalk, opportunities for observing wildlife, a 0.8-mile walking trail, and a great history. Bring your camera and start exploring! Learn more here!

A post shared by Jay Gounder (@jgounder) on

A post shared by Rostik (@rost.b) on


3. Lynnwood Transit Center

What a spectacular sunset captured at the Lynnwood Transit Center! Did you know that the light rail is coming to Lynnwood? This is a huge deal for people in the area who commute—learn more about the Lynnwood light rail expansion here!

A post shared by Nashua Mohamed (@nashuam) on


4 & 5. Lynnwood Golf Course

Golf enthusiasts in the Lynnwood area are in luck—did you know we had such a lush, gorgeous course like this right in our backyard? Learn more about the course here!

A post shared by Katie Carroll (@kd_crrll) on


6 & 7. Great Commuting Options

Lynnwood is a popular choice for commuters—Highway 99, Interstate-5, and 405 all run through or border Lynnwood. Plus, the Interurban Trail, the Lynnwood Transit Center, and the link rail expansion ensure there’s plenty of commuting options to take advantage of. For tips on commuting in Lynnwood, click here!

A post shared by Mikhail Petrov (@carvalolik) on

A post shared by Derek Sparks (@greystokesurf) on


8 & 9. Meadowdale Playfields

This incredible 27-acre complex is brimming with adventure! Not only can you find softball fields and a basketball court, but there’s also a play structure, picnic facilities, a forested area and a pond to explore, restrooms, and walking trails! Learn more here.

A post shared by Jeanette (@jeanette.r.taylor) on

A post shared by Payton Shrum (@payton_shrum) on


10 & 11. Lynndale Park

When you need to retreat into nature but don’t want to drive far, the 22-acre Lynndale Park is the perfect spot to head to! In addition to several sport courts and fields, there is play equipment, a skate park, a huge forested area with nature and walking trails, an off-leash dog area, and more! Click here for more information.

A post shared by Michael Matti (@michaelmatti) on


12 & 13. Sunset Over Lynnwood

We’re glad that a couple of Lynnwood photographers took a moment to capture these beautiful sunsets!


A post shared by Anthony30 (@anthonykarum) on


Lynnwood June 6, 2017

My 12 Favorite Locally Recommended Lynnwood Restaurants

When it comes to restaurants in Lynnwood, no one knows more about the best spots around than our locals! From pizza and Asian cuisine to some excellent happy hours, they have the inside scoop on all of the top places to get your grub on!

Here is a list of our 12 favorite locally recommended Lynnwood restaurants:


BEER & HAPPY HOURS

Indigo Kitchen and Alehouse

  • Located at 2902 164th St. SW Lynnwood, WA 98087
  • Hours: 11:00a-1:00a Monday-Friday; 9:00a-1:00a Saturday-Sunday; Happy Hour: 3:00p-6:00p & 10:00p-12:00a Sunday-Saturday

A favorite among Yvette, Brian, and Tonya Robison Tye, Indigo serves up great comfort food and a rotating list of draft brews. “I like Indigo; they have a great happy hour,” Yvette shares. Tonya seconds that notion, with the addition that her “…favorite Lynnwood restaurant is Indigo for lunch and dinner…” and the locals can’t be wrong!

Special Brews

  • Located at 14608 WA-99 Lynnwood, WA 98087
  • Hours: 11:00a-10:00p Monday-Thursday; 11:00a-11:00p Friday-Saturday; 12:00p-8:00p Sunday

According to Aurora Pedrola, “for beer/cider, definitely hit Special Brews. Their selection is unreasonably large but the bartenders will always help you choose. And some local take out places deliver there,” making this tavern a win-win all around.

Hop Jack’s

  • Located at 19702 WA-99 #100 Lynnwood, WA 98036
  • Hours: 11:00a-11:00p Monday-Thursday; 11:00a-12:00a Friday; 8:00a-12:00a Saturday; 8:00a-11:00p Sunday; Happy Hour: 2:00p-6:00p & 9:00p-close Sunday-Saturday

Beat the summer heat with a refreshing drink from Hop Jack’s. “Hop Jack’s has a fantastic happy hour,” says Andrea Wetzel. Indeed, with a beer tower pouring local brews at a frosty 34 degrees and affordable cocktails made with real fruit, this bar’s happy hour is an experience in itself.

Big T’s Moonshine BBQ

  • Located at 4911 196th St. SW Lynnwood, WA 98036
  • Hours: 11:00a-12:00a Sunday-Saturday; Happy Hour: 3:00p-6:00p & 9:00p-12:00a Sunday-Saturday

Take a trip to the wild west without ever leaving Lynnwood at Moonshine BBQ. “Moonshine BBQ on 196th has a great outdoor patio and happy hour,” shares Brian Hayter. With 16 northwest drafts, crafted moonshine and smoked barbeque pairings, and an old-fashioned saloon vibe, you can spend happy hour getting in touch with your inner cowboy!


WINGS & MORE

Cask & Trotter

  • Located at 18411 WA-99 Lynnwood, WA 98037
  • Hours: 11:00a-11:00p Monday-Wednesday; 11:00p-2:00a Thursday-Sunday

Chow down on classic BBQ burgers, sandwiches, and more while enjoying a full bar and happy hour at this premier Lynnwood barbeque joint. Andrea’s menu suggestion? “Cask & Trotter has the best wings ever!”

Big E Ales

  • Located at 5030 208th St. SW A Lynnwood, WA 98036
  • Hours: 11:30a-10:00p Tuesday-Saturday; closed Sunday-Monday

A unique and cozy Lynnwood brewpub, “Ellersick Brewery (aka Big E Ales),” as Brian notes, is a fantastic neighborhood hangout. “Wednesday night is wing night at Ellersick Brewery which is always a great place to meet up with friends,” Tonya shares. So grab the gang and head down to Big E Ales for some good beer, good grub, and good times!

B3 Breakfast & Burger Bar

  • Located at 4027 196th St. SW Lynnwood, WA 98036
  • Hours: 7:00a-9:00p Tuesday-Sunday; 7:00a-3:00p Monday

A recommended breakfast spot by Tonya, B3 Breakfast & Burger Bar is truly one-of-a-kind. Their menu includes unique items like Chicken N’ Savory Waffles as well as classic light breakfasts, specials, and gourmet burgers for lunch. If you want to wake up with some delicious flavors, check out B3 in the morning!


PIZZA

The Rock Wood Fired Kitchen

  • Located at 4010 196th St. SW Lynnwood, WA 98036
  • Hours: 11:30a-12:00a Sunday-Saturday

“Lynnwood has a couple of great pizza joints that you can’t beat,” shares Stefanie Massie. “The Rock [for example] brews their own beer with seasonal selections and they do a killer wood fired pizza! My favorite is the ‘Crazy Train,’” which includes awesome toppings like hot cherry peppers and caramelized onions; definitely not to miss!

Zeeks Pizza

  • Located at 4309 196th St. SW Lynnwood, WA 98036
  • Hours: 11:00a-10:00p Sunday-Saturday

Another spot in Lynnwood for premium pies is Zeeks. “Zeeks pizza is also conveniently located and has a premium selection of beer and wine,” says Stefanie. “Can’t go wrong with their pizza either. Menu adapts with the season!”


ASIAN

O2 Sushi

  • Located at 18601 WA-99 #100 Lynnwood, WA 98037
  • Hours: 11:30a-2:30p (Lunch) & 5:00p-12:00a (Dinner) Tuesday-Saturday; 12:00p-9:00p Sunday; closed Monday

Recommended by Yvette Sanchez for its great food and karaoke, O2 Sushi is a must. Bento boxes, happy hours, and tons of delectable sushi dishes make this place ideal for any adventurous foodie!


Silver Spoon Thai Restaurant & Bar

  • Located at 3828 196th St. SW Lynnwood, WA 98036
  • Hours: 11:00a-10:30p Sunday-Thursday; 11:00a-11:30p Friday-Saturday

For the best Thai food in Lynnwood, Brian Hayter suggests Silver Spoon. With an atmosphere of relaxed elegance and an array of great-tasting Thai dishes, this spot is perfect for a quiet date or nice family meal.


Muto Izakaya

  • Located at 19505 44th Ave. W K Lynnwood, WA 98036
  • Hours: 11:30a-2:30p & 5:00p-10:30p Monday-Friday; 12:00p-10:30p Saturday; 5:00p-9:00p Sunday

Also recommended by Brian, Muto Izakaya is one of Lynnwood’s hidden food gems. Authentic, delicious ramen and other dishes, plus a welcoming, homey ambiance, keeps the locals returning again and again.


Lynnwood June 6, 2017

11 Awesome City Conveniences You Didn’t Know Were in Lynnwood

Lynnwood’s city conveniences are exceptional, and from top-notch transportation options to recreation opportunities, it’s packed with some excellent spots that can improve your day!

Here are 11 awesome city conveniences you might not have known were in Lynnwood:


TRANSIT

When it comes to getting around, Jen Bowman knows trails and park-and-rides that make commuting a breeze! For example, summer is great for taking advantage of the Interurban Trail:

“Take a bike ride or jog along the Interurban Trail,” says Jen. “Linking North Seattle to South Everett, this is a great regional connector trail!”

Another suggestion? Commuters should definitely be taking advantage of the Lynnwood Transit Center, a convenient park-and-ride that features 1,368 parking spaces, lockers, a ride store, and more. Also, for those living in Lynnwood or those with plans to move to Lynnwood, you’re in luck—the Link Light Rail is coming to Lynnwood! Currently, the light rail runs from Angle Lake (just past the SeaTac Airport) to the University of Washington, but by 2023, the Light Rail will have four new station locations added from Northgate to Lynnwood. New stations include one at Northeast 145th Street, Northeast 185th Street, the Mountlake Transit Center (at 236th Street Southwest), and a station at the Lynnwood Transit Center (at 200th Street Southwest).

With these future extensions, riders are promised more frequent and reliable transportation and less pain from traffic congestion! It is estimated that commuters will be able to get from Lynnwood to Downtown Seattle in 28 minutes or to Sea-Tac Airport in 60 minutes.


SCHOOLS

Whether you’re starting out or starting over, Lynnwood has great opportunities for a college education. Edmonds Community College features 61 associate’s degree programs in disciplines like Pre-Nursing and Business/Accounting. With a newly announced Bachelor’s degree program too, Edmonds provides tools for success!

If you feel like there’s not enough time to go back to school, check out Central Washington University’s Lynnwood Campus too. CWU is dedicated to giving students valuable education through flexible class styles. The ability to complete your Bachelor’s degree on the Lynnwood campus ensures that you can balance your responsibilities and educational commitments.


COMMUNITY SPACES

From special events to family fun, Lynnwood offers amazing community spaces. Looking for a wedding or party venue? The Lynnwood Convention Center is a fantastic option! Convenient parking, a versatile landscape, and professional chefs are some of the services that promise you and your guests a memorable experience.

For something everyone will enjoy, visit the Lynnwood Recreation Center & Pool. “The Lynnwood Rec Center & Pool is one of the most popular places for family fun in Lynnwood,” shares Claudette Meyer Mitts.

“There is often a line of people that wraps around the building for Rec & Open Swim sessions in this LEED certified facility featuring 3 pools, 2 hot tubs, 2 giant slides, beach access for toddlers and preschoolers, and a large water-dumping-bucket and play area (a la Great-Wolf-Lodge style, but at a fraction of the price) there’s something for everyone no matter their age.”


PARKS

If you’re out and about, stop by one of Lynnwood’s awesome parks for a picnic and play time! Wilcox Park “offers play structures, open field for volleyball, soccer, frisbee and a wooded area too,” according to Tonya Robison Tye. “Wilcox City Park, also known by Lynnwoodians as Flag Park, offers a summer Farmers Market on Thursdays,” Stefanie Massie shares.

Another spot is Scriber Lake Park, which Tonya describes as “…a bridged walkway through natural ponds, streams and woods,” an ideal spot for wildlife lovers. Looking for something expansive that you can get lost in? Lynndale Park is Lynnwood’s largest park. Tonya’s tip? “The amphitheater at Lynndale park has live summer events!”


If you’re a history buff, Tonya recommends Heritage Park, which celebrates the city’s agricultural, transportation, and social heritage. Finally, Jen also recommends North Lynnwood Park for summer fun: “The North Lynnwood park has a dragon-themed splash pad, covered picnic areas, play equipment, and tons of lawn space. Perfect on those sunny summer days that will be coming soon. Right? Summer is coming, isn’t it?”


Lynnwood June 6, 2017

9 Destination Shopping Opportunities in Lynnwood

Lynnwood has some truly notable shopping opportunities, and it’s a destination for many in Snohomish County! According to our own Jen Bowman, Lynnwood is a “retail Mecca—how do you choose just one area? Looking for a new car, a couch, organic groceries, jewelry or a specialty bottle of wine? Come to Lynnwood! Total Wine, Whole Foods…[it’s the] only spot in Sno Co to find these stores (and many others).”

Here are 9 Snohomish County shopping opportunities you’ll only find in Lynnwood:


RETAIL

When it comes to retail, Jen knows there’s no beating the Alderwood Mall. “Of course Alderwood Mall is a main attraction for Lynnwood,” she shares. “Did you know the Regal Cinema (on the west side of the mall and south of Costco) has fully reclining seats?! Tickets are a little more expensive, but so worth it!” If you want to catch a movie or catch some great sales, add the mall to your list!


GROCERY SHOPPING

Whatever you’re shopping for, the grocery stores in Lynnwood have you covered. With over 8,000 wines (2,000 of which are not found anywhere else), Total Wine is a wine-lover’s paradise. For all of your bulk needs, Jen recommends the new Lynnwood Costco. An array of on-site amenities make it your one-stop shop, and there are even 2 Costco locations in Lynnwood to choose from, so you can pick whichever is closest to you!

You’re also sure to find some great products at Claudette Meyer Mitts’ pick, Trader Joe’s. Hard-to-find foods at low prices will get you hooked, and there are only a few locations in Snohomish County. Finally, health food fans will love Whole Foods, and the only one in Sno Co is in Lynnwood! “Whole Foods is conveniently located off 196th and I-5 for a quick stop to grab something off the salad bar or hot deli counter,” says Jen. “No time to make dinner? They have tons of store made, healthy options packaged up and ready to serve!”


CLOTHING

From tots to tap shoes, Lynnwood has some fabulous one-of-a-kind clothing shops. New parents can take advantage of Hopskotch Kids Consignment: “The Hopskotch Kids Consignment store in the Trader Joe’s/Hobby Lobby shopping center has great gently used baby gear,” shares Jen. “[It’s a] wonderful opportunity to resell your baby gear and clothes once your kids have outgrown. Great way to save money on baby stuff you’ll need just for a short time.”

Dancers will also want to check out Petticoat Junction Dance Shop. Aurora Pedrola shares that “the Petticoat Junction has an unparalleled selection of dance apparel and shoes. They are also locally owned!”


FURNITURE STORES


According to Jen, “When it comes to furnishing your home, look no further than Lynnwood! There are so many furniture stores to choose from it’s hard to pick a favorite, but if you like Scandinavian design and clean lines, make Dania Furniture top on your list. If you’re in the market for patio furniture, a custom barbecue, a fireplace insert or pellet stove, or a hot tub, you’ve got to check out Rich’s for the Home.” No matter your style, you’ll find your perfect match and tons to choose from in Lynnwood!