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2019 Real Estate Forecast:  What Home Buyers, Sellers, and Investors Can Expect

There’s no doubt about it:  the 2018 housing market has seen its ups and downs. The year started with sky-high home prices, historically low mortgage rates and a definitive upper hand for sellers.  In recent months though, home price growth has faltered, rates have risen to their highest point in nearly eight years, and favor […]

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Stop Making Your Landlord Rich

Stop Making Your Landlord Rich

Most renters don’t know how easy it is to purchase a new home or realize that their mortgage payments could be equal or less than what they are currently paying in rent. Homeownership is a great way to establish roots within your community, provide stability and build...

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What Makes a Home Worthy of Your Golden Years?

by Michael Longsdon Robert Browning said, “Grow old along with me! The best is yet to be.” Seniors who hope to make their golden years their best ones can ensure continued independence with an appropriate living environment. Here’s what to look for when purchasing a senior-friendly home and what to do if you’re ready to […]

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Starter Home…or Not?

Should you invest in a starter home?  Or is it a better to wait and save for your “forever” home? Economists often define a “starter home” as being in the lower third of the market’s valuation (as opposed to trade-up homes and luxury homes). For many homeowners, a starter home isn’t about price.  It’s about […]

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The Appraisal Process

The appraisal process can be a mystery to the home buyer and seller.  Here is information that I hope will help explain the process. If you have three different appraisals, you will have three different values.  If you have three different Realtor opinions, you will likely get three different opinions of value.  Unfortunately, in the […]

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Costly Remodeling Mistakes

Taking on a home improvement project is expensive enough – why add to the bill?  Whether you are fixing a leaky faucet or remodeling an entire bathroom, here are some costly mistakes to avoid. Skipping Less Glamorous Improvements It’s crucial to take care of structural issues before starting on cosmetic fixes.  A beautiful kitchen and […]

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Zillow overestimated home value by 700 percent

By Mike Rosenberg Seattle Times business reporter When Seattle residents Sue and Roy Carlson bought a modest home on the Kitsap Peninsula in June, they paid $225,000 — a discount because the house was headed for foreclosure. Redfin now estimates the home in Belfair, southwest of Bremerton, is worth $318,000. Realtor.com’s algorithm pegs the house at […]

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Carol Glad Recognized for Contributions

The following content was posted to Facebook by the North Kitsap School District on November 16, 2017: Here’s a great way to support NK students! Starting this month, our board member, real estate agent extraordinaire Carol Geller Glad, is making a donation to the NK Schools Foundation every time she closes a sale. That’s great news […]

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Kitsap Home Inventory Remains Low

 Home Selling   I’d like to give you information on selling your home this is an important message for home sellers. There are several things coming together that affect Kitsap Home Prices right now: Housing Inventory Remains very low The total number of homes on the market fell about 10% in the last quarter of […]

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New Tax Laws for 2018

New tax laws are being implemented this year that may impact homeowners’ taxes.* While these new tax laws will affect income taxes filed in 2019, it’s important to be aware of what changes could potentially affect you and your wallet. BELOW ARE A FEW HIGHLIGHTS OF HOW THE NEW LAWS MAY AFFECT HOMEOWNERS: The mortgage […]

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Why Hire a Buyer Specialist to Buy a Home?

Why Hire a Buyer Specialist to Buy a Home? Re-think the idea you don’t need an agent to buy a home.  Here is what our Buyer Specialist does for your purchasing of a home: Help you determine what your needs and wants are before you start looking at homes, which is very important in this […]

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Overpricing Your Home Is a Critical Mistake

Overpricing Your Home Is a Critical Mistake  You can run into trouble when you overprice your home for sale, even in a hot market.  When Sellers push the limit on pricing their home it affects Buyers.  Buyers are much more aware of market values then they used to be before the internet.  To most buyers […]

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Remodeling that Pays Off!!!!

Remodeling that Pays Off!!!!  Kitchen – To maximize your return keep your investment to under 20% of the value of your home.  The outcome is a Whopping 85% return on your investment. Bathroom – Can cost up to $20,000. for a detailed remodel.  However, it will pay for itself with an added 80% return. Deck […]

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Need Help Finding Services?

Need Help Finding Services? “It is a good idea as a homeowner to budget about 1% of your home value each year for home maintenance projects”, according to Daily Real estate News.  Those who don’t keep up the pace of maintenance often find themselves with lots of expensive, overdue projects to complete shortly before selling […]

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Inside Kitsap County Real Estate

Inside Kitsap County Real Estate We are Fortunate to Live In Kitsap County  People are moving here every day.  Many people are choosing our beautiful neighborhoods to make their homes, it is no wonder home prices have gone up quickly. Some say it is a bubble, but I disagree.  Our market will remain healthy as […]

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Borrow Penny’s Moving Truck – Free

Borrow Penny’s Moving Truck – Free

Moving can be both exciting and a hassle at the same time. You can reduce the hassle and make your move an easier experience with Penny’s truck – FREE – when Penny and her team help you buy or sell your home. Ask for details and reserve the truck for your move date...

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Penny's Team Office

19723 10th Ave NE #200
Poulsbo, WA 98370

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(206) 618-5123

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