Give Back This Season

Local Charities That Would LOVE Your Help

 

In his poem, When Giving Is All We Have, Alberto Álvaro Ríos wrote,

“We give because someone gave to us.
We give because nobody gave to us.
We give because giving has changed us.
We give because giving could have changed us.”

With need especially keen this year during the pandemic, many of us are looking for ways to be “the helpers” for others. Below are some of our favorite Seattle-area organizations who are in need of time, resources, toys, and more to help improve the lives of homeless and low-income families in our area. You might also check out these tips on how to make the most of charitable giving. Together we can make the holidays a little brighter for everyone!

 


 

YOUTH CARE: Homeless Youth Off the Streets Preparing for Life

Each night in King County, almost 1,100 unaccompanied youth and young adults experience homelessness on any given night, and around 70% of these youth sleep outside because of lack of shelter or housing. Why? A national study found that over 90% of homeless youth reported family conflict and 1/4 suffered from abuse and neglect before they reached the streets. YouthCare builds confidence and self-sufficiency for homeless youth by providing a continuum of care that includes outreach, basic services, emergency shelter, housing, counseling, education, and employment training. Lend a hand by participating in the Survival Needs Drive, delivering a warm meal, donating cash or most needed items, hosting a virtual fundraiser, or hiring a YouthCare graduate.

http://youthcare.org/
(206) 694-4500
2500 NE 54th Street, Seattle

 


Northwest Harvest

Northwest Harvest’s mission is to end hunger in Washington. They partner with 375 food pantries, meal programs, and high-need schools across the state to provide nutritious food and promote good health for those in need. You can help by hosting a virtual food drive, making a cash donation, or volunteering (children age 9 and up can volunteer with you!).

http://www.northwestharvest.org/
1 (800) 722-6924
SODO Community Market Food Bank: 1915 4th Ave S, Seattle
Kent Warehouse: 22220 68th Ave S, Kent

 


http://www.marysplaceseattle.org/

Mary’s Place helps homeless women, children and families from the greater King County area. You can help by participating in their giving tree tag program now through December 11th. You can also volunteer your time, donate wishlist items, or share your used clothing, blankets, and coats.

http://www.marysplaceseattle.org
(206) 621-8474
Donation Center in SODO: 9 South Nevada St, Seattle
Mary’s Place at the Regrade: 720 Blanchard St, Seattle

 


 

Hopelink

Hopelink provides critical services to homeless and low-income families, children, seniors, and people with disabilities on north and east King County. You can help by donating food or grocery gift cards to their food bank, or making a cash donation to support their “Lend a Hoping Hand” holiday giving campaign.

https://www.hopelink.org/
(425) 869-6000
8990 154th Ave NE, Redmond

 


 

Treehouse

 

Did you know less than 50% of Washington state youth in foster care graduate from high school? Treehouse seeks to level the playing field by providing academic and other essential support foster kids need to graduate at the same rate as their peers, with a plan for their future. You can help by hosting a holiday drive, purchasing items on their holiday wish list, volunteering, or donating.

https://www.treehouseforkids.org/
(206) 767-7000
2100 24th Avenue S./Suite 200

 


 

 

With a mission to help people in need of immediate food assistance, the Emergency Feeding Program partners with 120 local agencies to distribute 42,000 meals of quality, nutritional food per week and ensure that no one will go hungry tonight. With volunteering limited this year due to COVID, your cash contribution would be most appreciated.

https://www.emergencyfeeding.org/
(425) 277-0300
851 Houser Way N, Suite A, Renton

 


Eastside Baby Corner

 

Eastside Baby Corner was founded by a local pediatric nurse concerned about the large numbers of babies in her practice who began life without basic essentials like adequate food, clothing, beds, or safety equipment. Today Eastside Baby Corner’s locations in Issaquah, Northshore and Bremerton collect, purchase, and distribute essential care items such as formula, diapers, car seats, warm coats, school supplies, and more for babies and children in need. You can help out by donating goods or cash, shopping off their wish list, volunteering or organizing a drive.

Eastside Baby Corner:
http://babycorner.org

(425) 865-0234
1510 NW Maple St, Issaquah

 


Toys for Tots

Last year, King County Toys for Tots donated 85,169 toys to 61,092 local children in need. Consider helping out this year by making a cash donation, or asking your organization to become a toy drop site.

https://fort-lewis-wa.toysfortots.org
Coordinator: GySgt Edward Chapman, 760-405-3203

**2020 toy donation locations and times to be announced**

 


Food Lifeline

Every year, nearly 40% of our country’s food ends up in landfills, while millions go hungry. Food Lifeline attempts to solve both problems by rescuing millions of pounds of surplus food from farmers, manufacturers, grocery stores, and restaurants. They then deliver this healthy and nutritious food to more than 300 food banks, shelters and meal programs across Western Washington–providing the equivalent of 116,000 meals every day for hungry children, adults and seniors. You can help by volunteering (opportunities are available for kids as young as 6, too!), donating funds or hosting a food drive.

https://foodlifeline.org/
(206) 545-6600
815 S 96th St, Seattle

 


See the source image

Wellspring helps low-income and vulnerable individuals, children and families in Seattle and King County address issues such as mental health, family homelessness, early learning, basic needs, and domestic violence intervention. Each year they help thousands of children and families break cycles of instability, homelessness, and adversity to achieve positive, permanent change. You can help by donating to their Giving Together holiday campaign or getting your children involved in the Kids Helping Kids youth philanthropy program.

http://wellspringfs.org/
(206) 826-3050
1900 Rainier Avenue South, Seattle

 


 

Seattle Children's Hospital Research Foundation

 

Founded and run by a group of philanthropic women over 100 years ago, Seattle Children’s mission is to provide hope, care and cures to help every child live the healthiest and most fulfilling life possible. You can help their patients by donating a new toy or gift card, volunteering, contributing funds, or supporting one of its guilds (such as the Project Kids Cancer Cure Guild).

http://www.seattlechildrens.org
(206) 987-2000
4800 Sand Point Way NE, Seattle

 


 

Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446 mercerisland@windermere.com

© Copyright 2020, Windermere Real Estate / Mercer Island


Posted on November 4, 2020 at 9:33 am
Windermere MI | Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , ,

Q3 2020 Reports: Market Update

Q3 Market Update for Seattle/Eastside

 

The volume of Q3 transactions made up for Q2’s fewer sales and then some. Truth be told, the market could have absorbed twice the number of transactions, if only there were more homes on the market to sell. Too few homes for sale is the defining character of the Q3 Seattle region real estate market as evidenced by multiple offer bidding wars being the norm rather than the exception. Nearly 66% of all homes sold went under contract in the first 10 days on the market at an average of 103% of their listed price in Seattle and 105% of that price on the Eastside.

 

As predicted by Windermere’s chief economist, Matthew Gardner, the second half of 2020 is indeed shaping up to be the brightest spot in our local economy. While consumer confidence continues to be challenged by local and national events—including COVID, unemployment, racial inequality, and uncertainty around the presidential election—the desire to secure the best home environment possible coupled with ridiculously low mortgage interest rates continue to fuel local buyer demand.

 

In addition to typical real estate activity, new and changing home needs (especially for those working virtually with children) have driven many to question the adequacy of their current living situation. This has added to the already significant buyer demand we are experiencing. For many, COVID has changed their perception of what is important. More buyers are reaching for their dream home or a second home in lieu of world travel and luxury goods.

 

As demand drives up local home prices further, affordability is quickly becoming one of the most prominent emerging concerns. Currently only a sliver of homes are considered affordable to first time buyers at their projected median income. Teachers, first responders, and critical infrastructure workers that keep our region going are finding it increasingly difficult to work in higher cost communities. Will our children be able to buy a home in the Seattle region? Not unless something changes to create lower cost housing options. One does not need a crystal ball to see that this problem will get worse when mortgage interest rates increase closer to their norms. Expect this issue to be at the center of any housing market discussion in years to come.

 

Click or scroll down to find your area report:

Seattle | Eastside | Mercer Island | Condos | Waterfront

 


SEATTLE

Seattle’s median sale price increased by 3% (to $800,000) over Q2 ($780,000) and by 7% over Q3 2019 ($749,000). Neighborhoods to the north experienced the largest increase in median sale price with Kenmore-Lake Forest Park (+10%) and Shoreline-Richmond Beach (+8%) over Q2. In addition, Queen Anne-Magnolia, North Seattle, Shoreline-Richmond Beach, and South Seattle all saw double-digit increases over Q3 of 2019.

 

71% of Seattle homes (all price points), and 18% of homes priced above $1 million, sold at or above their listed price. The most competitive Seattle markets were Kenmore-Lake Forest Park and North Seattle, with sales in the first 10 days averaging 107% and 106% of their listed price, respectively.

 

There were 50% more Seattle home sales in Q3 (2,929) than in Q2 (1,956) and 29% more sales than in Q3 of 2019 (2,279).

 

The highest Seattle home sale was a 2014-built, 6400 square foot Laurelhurst (North Seattle) waterfront home for just shy of $11.5 million and the lowest was a 1982-built, 240 square foot approved floating home in a leased slip on Lake Union (Ballard-Green Lake) for $187,500.

 

Seattle Recap

Click here for the full report and neighborhood-by-neighborhood statistics!

 

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EASTSIDE

The Eastside median sale price broke the million-dollar barrier, coming in at $1,025,100 in Q3, up 7% over Q2 ($958,000) and 11% over Q3 2019 ($925,000). Kirkland-Bridle Trails (+18%) and the Eastside South of I-90 (+10%) performed best over Q2. while Eastside South, East Bellevue, West Bellevue, and East Lake Sammamish all saw double-digit increases over Q3 2019.

 

67% of Eastside homes, and 32% of homes priced above one million dollars, sold for at or above their listed price. The most competitive Eastside markets were East Bellevue, Mercer Island and Redmond-Carnation, with sales in the first 10 days averaging 105%, 104% and 104% of their listed price, respectively.

 

There were 56% more Eastside home sales in Q3 (2,448) than in Q2 (1,570) and 19% more sales than in Q3 of 2019 (2,055).

 

The highest sale was a $23.5 million 1908-built Hunts Point estate on 1.59 acres sold off-market and the lowest sale was a 1960-built Stossel Creek fixer without documented well or septic on 4.79 acres in Duvall for $235,000.

 

Eastside Recap

Click here for the full report and neighborhood-by-neighborhood statistics!

 

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MERCER ISLAND

Of Mercer Island’s 113 Q3 sales, all but two were for over $1 million and 41 were above $2 million. There were 14 sales above $3 million in Q3, compared to only 4 in Q2.

 

As the quarter came to an end, there were only 35 homes for sale compared to 75 in Q3 2019. This shortage of available homes on the market has led to an extremely competitive market for the most desirable homes, especially those offering one-level living or a main floor owner’s suite.

 

58% of all homes, and 16% of homes priced above two million dollars, sold for at or above their listed price.

 

The highest Mercer Island sale was a $10.2 million, Faben Point waterfront home. The lowest sale was a $925,000 North End fixer sold at land value.

 

Mercer Island Recap

Click here for the full report and neighborhood-by-neighborhood statistics!

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CONDOS – SEATTLE & EASTSIDE

The number of Seattle condos for sale has increased markedly, and while the pace of sales is up, it is nonetheless struggling to keep up with the volume of condos coming to market. Condos fared well overall with a median sale price up by 5% (to $479,925) over Q2 ($455,000) and by 9% over Q3 2019 ($438,500). Condos in Shoreline-Richmond Beach, Queen Anne-Magnolia, and South Seattle experienced double-digit increases in median sale price while the Downtown-Belltown median sale price was 6% lower than Q2.

 

54% of Seattle condos (all price points), and 4% of those priced above $1 million, sold at or above their listed price. 48% sold in the first 10 days on the market. There were 68% more Seattle condo sales in Q3 (784) than in Q2 (468) and 11% more sales than in Q3 of 2019 (706).

 

On the Eastside, the median sale price was down 5% to $499,950 in Q3 following a record setting Q2 ($525,000), but up 6% over Q3 2019 ($471,000). Condos in Kirkland-Bridle Trails (+13%) and West Bellevue (+11%) saw increases in median sale price while the Eastside South of I-90 (-15%) and East Bellevue (-17%) saw declines from Q2.

 

60% of Eastside condos (all price points), and 3% of those priced above $1 million, sold at or above their listed price. 49% sold in the first 10 days on the market. There were 72% more Eastside condo sales in Q3 (755) than in Q2 (440) and 17% more sales than in Q3 of 2019 (643).

 

Check out area-by-area details the full condo report.

 

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WATERFRONT

Waterfront rebounded in a big way in Q3 with record setting sales velocity. The Eastside had more sales this quarter (18) than the last three prior quarters combined. The supply of inventory fell to 3 months (from an average of 10 months of supply) with only 16 waterfront homes for sale at quarter end. Lake Sammamish posted 14 sales after a sleepy prior four quarters with a combined total of 14 sales. For sale inventory is in step with the Eastside at 3 months of supply (from an average of 5 months of supply).

 

Mercer Island saw 12 waterfront sales in Q3, a sharp increase from its average of five sales per quarter. With only 8 waterfront homes on the market, Mercer Island’s available inventory fell from an average 12 months to just 2 months of supply. Seattle posted 12 sales, maintaining its typical pace of sales. There were 17 waterfront homes for sale at the end of Q3 and Seattle’s for sale inventory remained a steady 4 months of supply.

 

The highest sale was a $23.5 million 1908-built Hunts Point estate on 1.59 acres sold off-market with 138 feet of premium Lake Washington waterfront. The most affordable was a $1.1 million Holmes Point home built in 1928 with 36 feet of waterfront on the lake.

 

This top-level overview of the entire Seattle-Eastside private waterfront market, including Mercer Island and Lake Sammamish, provides a glance into the trends occurring in our region over time. Interesting, and certainly insightful, it in no way replaces an in-depth analysis on waterfront value provided by a savvy broker with years of local waterfront experience.

 

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Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446 mercerisland@windermere.com

 

© Copyright 2020, Windermere Real Estate/Mercer Island. Information and statistics derived from Northwest Multiple Listing Service and deemed accurate but not guaranteed.


Posted on October 20, 2020 at 10:07 am
Windermere MI | Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Home Buying Trends Emerging from COVID-19

How COVID-19 is Affecting Buying Trends

Coronavirus has made many of us rethink what is important to us…and our homes are no exception. According to the National Association of REALTORS® (NAR), the top feature desired by buyers is now a home office (or even more than one). 22% of buyers are less concerned about their commute, which means homes in affordable areas outside the city are now in high demand. Some buyers are considering second homes in rural areas. Outdoor space is also trending with more buyers wanting a yard for veggies and exercise. Here are some insights from a recent nationwide survey conducted by the National Association of REALTORS® (NAR)…

This chart shows which features are more important to buyers due to COVID-19, based on a recent survey of buyer's agents.

 

We’re also seeing the family unit become more important. While smaller urban homes were once in top demand, we’re now seeing a boost in multi-generational living with buyers seeking larger suburban homes that have space for everyone. Additionally, recent surveys show that more buyers—especially young buyers in their twenties—are moving to live closer to family and friends.

 

Another big trend? Pets! We’re seeing a surge in households that want a pet, and a 2020 NAR survey revealed that 43% of households say they’d be willing to move to accommodate their pet. This is another reason yards and even acreage are now trending among buyers. Pet fever could potentially lessen the demand for condos with strict pet policies—in the same survey, 68% of REALTORS® said that community animal policies influenced their clients’ decision to rent/buy in a particular community.

 


 

 

Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446 mercerisland@windermere.com

Source: REALTOR Magazine, National Association of REALTORS.
© Copyright 2020, Windermere Real Estate/Mercer Island.


Posted on September 1, 2020 at 4:51 pm
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Interest rates make a BIG difference when you buy…

How Interest Rates Impact Your Buying Power

 

You probably know that interest rates affect your monthly mortgage payments, but most of us aren’t aware of just how big an impact they really have on a home loan. Each 1% change in interest rate equates to roughly a 10% change in buying power. This means you can qualify for a much more expensive home when rates are low, whereas higher rates mean you qualify for less home—even though you still pay the same monthly payment.

 

This first chart shows how much house you can buy for a set monthly payment. If you have $4,000 a month to budget for a house payment (before taxes and insurance), you could purchase a $949,000 house at today’s historically low 3% mortgage rate. If rates went up to 4%, the same monthly payment would only get you an $838,000 home. Your buying power diminishes considerably with each bump up in rates.

 

What you can afford based on the current interest rate..

 

Scrolling down, this second chart shows how interest rates impact monthly payments. If you’re purchasing a $950,000 house at today’s 3% interest rate, you’ll be paying $530 less every month than if you’d bought that same house when rates were 4%. That adds up quick…$6,360 in one year alone! This explains why so many renters are eagerly looking to buy right now, and why homeowners are refinancing at record rates.

 

Your monthly payment based on the current interest rate

 

Want to know how you can best take advantage of these historical low mortgage rates? Reach out to me for help evaluating whether it would make financial sense to refinance, buy, or sell while rates are low. I am always happy to be a resource!

 


 

 

Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446 mercerisland@windermere.com

 

© Copyright 2020, Windermere Real Estate/Mercer Island.


Posted on August 3, 2020 at 2:51 pm
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Payback times for energy-efficient home upgrades

 

Thinking of going green? Today’s technology offers a whole host of ways to boost your home’s efficiency, reduce your carbon footprint and lower your energy bills. Some upgrades can pay for themselves in a relatively short amount of time, while others with large price tags might take decades to start paying back. The good news is that several studies have shown buyers are willing to pay a premium for green features—as much as 30% more for retrofitted green homes that become Energy Star or LEED-certified. This means that even if those fancy new features don’t pay you back right away in energy savings, you might still be able to recoup part of the cost when you sell your home. Below are the average payback times for some common items…just keep in mind that the actual payback time will depend on your initial costs and the amount of energy you typically use each month.

 

Solar Panels: 10 Years

 

According to EnergySage.com, the average cost for adding solar panels to your home in King County is about $13,850 for a typical 5kW system (a net cost of $10,249 after the 26% Federal Investment Tax Credit for 2020). Based on the amount of energy they generate in our area, they usually pay for themselves in about 10.16 years. Furthermore, a study commissioned by the Department of Energy found that home buyers across multiple states and home types were willing to pay more for homes with solar panels (about $15,000 for homes with a 3.6kW system). This may help offset your costs should you need to sell your home before the payback period.


 

Tankless Hot Water: 12-20 Years

 

In addition to giving you endless hot water, tankless water heaters are also about 20% more energy efficient than traditional storage tanks and last about 10 years longer. However, their additional equipment and installation cost means it can take quite a while for your energy savings to cover that difference—12-20 years for electric models and 22.5-27.5 years for gas models. Their longer lifespan may ultimately help them pay off in the long run.


 

LED Bulbs: 5 Months

 

Looking for an easy investment with quick bang for your buck? LED bulbs may cost more, but the amount of electricity they save more than covers the cost. A 100W equivalent LED bulb costs about $6 to buy but uses only 13% the amount of energy of its incandescent counterpart. Used 4 hours a day, it also reduces CO2 emissions by a whopping 262.93 pounds per year. Depending on the number of bulbs you have and the frequency of their use, the dollar and carbon savings could really add up over time.


 

 

Our Seattle area’s temperate climate makes it a prime candidate for heat pump heating/cooling systems. Your actual savings and payback time will depend on the type of system you choose and the amount of energy you use. According to the US Department of Energy, an air source heat pump can reduce your electricity use for heating by about 50%, while the reduction range for a geothermal heat pump is anywhere from 30%-60%. If you’re also replacing an A/C unit, the savings will add up even faster. The average installed cost in 2020 is about $5,613 nationally but can vary quite a bit; it pays to do your research and make sure you’re choosing the right unit for your needs. Boosting your home’s overall efficiency first can also increase your savings by allowing you to choose a smaller, more affordable unit.


 

Smart Thermostat: 2 Years

 

A feature of most modern green homes, smart thermostats save energy by automatically turning off the heating and A/C when you leave and learning your schedule to comfortably boost efficiency. Nest estimates an average yearly energy savings of 10-15% or $131-$145 with its Learning Thermostat, which means it would pay back its $200-$250 price tag in under 2 years. The ecobee4 is pricier at $300-$400 but claims to save 23% on heating and cooling (or more if you use their free eco+ upgrade). With heating and cooling making up a large chunk of your household energy use, smart thermostats could potentially take a nice chunk out of your carbon footprint as well.

 


 

Find a Home with Windermere Real Estate

 

Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446

mercerisland@windermere.com

© Copyright 2020, Windermere Real Estate / Mercer Island


Posted on June 9, 2020 at 11:41 am
Windermere MI | Posted in Uncategorized | Tagged , , , , , , , , , , , ,

COVID-19 Resources

A Healthy Distance: Resources to Stay Sane While You Stay Home

 

Make Working From Home Work for You…


 

Kids at Home?


 

Bring Your Favorite Restaurants Home


 

Feeling Vulnerable?

Here Are Stores Offering Special Hours for Seniors and the Immunocompromised…

  • Albertsons: Tuesdays and Thursdays from 7-9 a.m.
  • Costco: Tuesdays and Thursdays from 8-9 a.m. (must have a membership)
  • Fred Meyer: Monday through Thursday from 7-8 a.m.
  • Metropolitan Market: Daily from 7-8 a.m.
  • PCC: Daily from 7-8 a.m.
  • QFC: Monday through Thursday from 7-9 a.m.
  • Red Apple: Tuesday and Thursday from 7-9 a.m.
  • Rite Aid: Mondays from 8-10 a.m.
  • Safeway: Tuesdays and Thursdays from 7-9 a.m.
  • Target: The first hour of Tuesdays and Wednesdays. Check Target’s website for specific opening hours at locations throughout the Greater Seattle area.
  • Thiftway: Tuesdays and Thursdays from 7-9 a.m.
  • Town & Country Markets: Monday and Wednesday, 7-9 a.m.
  • Trader Joe’s: Daily from 9-10 a.m.
  • Uwajimaya: Daily, 8-9 a.m. in Seattle; all other locations on Tuesdays from 8-9 a.m.
  • Walgreens: Tuesdays from 8-9 a.m.
  • Walmart: Tuesdays from 6-7 a.m.
  • Whole Foods: Daily, one hour before the store opens to the public. Check Whole Foods’ website for specific opening hours at locations throughout the Greater Seattle area.


 

More Resources…

 


 

Find a Home with Windermere Real Estate

 

Find a Home | Sell Your Home | Property Research

Neighborhoods | Market Reports | Our Team

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

2737 77th Ave SE, Mercer Island, WA 98040 | (206) 232-0446

mercerisland@windermere.com

© Copyright 2020, Windermere Real Estate / Mercer Island


Posted on March 30, 2020 at 1:02 pm
Windermere MI | Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , ,

Give Back This Season

Thanks & Giving: Charities That Would Love Your Help

 

Looking to share your bounty this holiday season? Below are some of my favorite Seattle-area organizations who can use your time, household items, toys, and more to help improve the lives of homeless and low-income families in our area. You might also check out these tips on how to make the most of charitable giving.

 


Northwest Harvest

Northwest Harvest’s mission is to end hunger in Washington. They partner with 375 food pantries, meal programs, and high-need schools across the state to provide nutritious food and promote good health for those in need. You can help by volunteering at the Cherry Street Food Bank in Seattle (children in 3rd grade or older are welcome to volunteer with you!). You can also host a virtual food drive or make a cash/vehicle donation.

http://www.northwestharvest.org/
1 (800) 722-6924
Cherry Street Food Bank: 711 Cherry Street, Seattle
Kent Warehouse: 22220 68th Ave S, Kent

 


 

Mary's Place

 

Mary’s Place helps homeless women, children and families from the greater King County area. With a list of families that has double this year, the need for help is higher than ever. You or your organization might consider supporting their giving tree (donations due by December 7th) or joining in the Brooks Holiday Fun Run on December 1st benefiting the No Child Sleeps Outside campaign. You can also volunteer your time, donate wishlist items, or share your used clothing, blankets, and coats.

http://www.marysplaceseattle.org
(206) 621-8474
Donation Center in SODO: 9 South Nevada St, Seattle
Family Center in North Seattle: 1155 N 130th St, Seattle

 


 

Hopelink

Hopelink provides critical services to homeless and low-income families, children, seniors, and people with disabilities on north and east King County. You can help by donating food or grocery gift cards to their food bank, contributing unwrapped toys to their holiday gift room, or volunteering to help with their holiday giving events.

https://www.hopelink.org/
(425) 869-6000
8990 154th Ave NE, Redmond

 


 

YouthCare

 

Each night in Seattle, 700-1,000 young people are homeless and most were traumatized before they reached the streets. YouthCare builds confidence and self-sufficiency for homeless youth by providing a continuum of care that includes outreach, basic services, emergency shelter, housing, counseling, education, and employment training. Lend a hand by volunteering, hosting a drive, or hiring a YouthCare graduate.

http://youthcare.org/
(206) 694-4500
2500 NE 54th Street, Seattle

 


 

Treehouse

 

Did you know less than 50% of Washington state youth in foster care graduate from high school? Treehouse seeks to level the playing field by providing academic and other essential support foster kids need to graduate at the same rate as their peers, with a plan for their future. You can help by volunteering, hosting a drive or donating to their holiday program.

https://www.treehouseforkids.org/
(206) 767-7000
2100 24th Avenue S./Suite 200


 

Emergency Feeding Program

 

With a mission to help people in need of immediate food assistance, the Emergency Feeding Program partners with 240 local agencies to distribute 50,000 bags of quality, nutritional food and ensure that no one will go hungry tonight. You can help by donating these most needed foods or making a cash contribution.

https://www.emergencyfeeding.org/
(425) 277-0300
851 Houser Way N, Renton

 


Eastside Baby Corner

 

Eastside Baby Corner was founded by a local pediatric nurse concerned about the large numbers of babies in her practice who began life without basic essentials like adequate food, clothing, beds, or safety equipment. Today Eastside Baby Corner’s location in Issaquah, Northshore and Bremerton collect, purchase, and distribute essential care items such as formula, diapers, carseats, warm coats, school supplies, and more for babies and children in need. You can help out by volunteering, donating, or organizing a drive.

Eastside Baby Corner:
http://babycorner.org

(425) 865-0234
1510 NW Maple St. in Issaquah
6524 NE 181st Street, Suite 6, Kenmore1463 NE Dawn Road, Suite B, Bremerton

 


https://fort-lewis-wa.toysfortots.org/images/lco-sites/lco-logos/tft-ZxAsQw-logo.jpg

Since 1947, The U.S. Marine Corps Toys for Tots program has distributed 548 million toys to 251 million children in need. Consider helping out this year by donating a new toy, volunteering, or asking your organization to become a toy drop site.

https://fort-lewis-wa.toysfortots.org
Click Here for Toy Drop Off Locations
Coordinator: Gunnery Sergeant James Wells, (253) 720-9858

 


Food Lifeline

Every year, nearly 40% of our country’s food ends up in landfills, while millions go hungry. Food Lifeline attempts to solve both problems by rescuing millions of pounds of surplus food from farmers, manufacturers, grocery stores, and restaurants. They then deliver this healthy and nutritious food to more than 300 food banks, shelters and meal programs across Western Washington–providing 97,000 meals every day. You can help by volunteering (opportunities are available for kids as young as 6, too!), donating funds or hosting a food drive.

https://foodlifeline.org/
(206) 545-6600
815 S 96th St, Seattle

 


Wellspring Family Services

Wellspring helps low-income and vulnerable individuals, children and families in Seattle and King County address issues such as mental health, family homelessness, early learning, basic needs, and domestic violence intervention. Each year they help thousands of children and families break cycles of instability, homelessness, and adversity to achieve positive, permanent change. You can help by donating to their Giving Together holiday campaign or getting your children involved in the Kids Helping Kids youth philanthropy program.

http://wellspringfs.org/
(206) 826-3050
1900 Rainier Avenue South, Seattle

 


 

Seattle Children's Hospital

 

Founded and run by a group of philanthropic women over 100 years ago, Seattle Children’s mission is to provide hope, care and cures to help every child live the healthiest and most fulfilling life possible. You can help their patients by donating a new toy or gift card, volunteering, contributing funds, or supporting one of its guilds (such as the Project Kids Cancer Cure Guild).

http://www.seattlechildrens.org
(206) 987-2000
4800 Sand Point Way NE, Seattle

 


ABOUT WINDERMERE MERCER ISLAND

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

 

© Copyright 2018, Windermere Real Estate/Mercer Island.

 


Posted on November 14, 2018 at 4:51 pm
Windermere MI | Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , ,

Protect Your Investment: 5 Fall Maintenance To-Do’s

Protect Your Home | Fall To-Do Checklist

Benjamin Franklin once wrote, “An ounce of prevention is worth a pound of cure.” While he was talking about fire safety, I think it applies equally well to home maintenance. One weekend of prevention this fall can save you many headaches (and a lot of money) down the road. Here are a few ideas to get you started:

Gutters top to bottom: Water in the wrong spots can do a lot of damage. Start by ensuring that gutters and downspouts are doing their job. (You may want to hire a professional, especially if you have a two-story house with a steep roof.) If your home is surrounded by deciduous trees you may need to clean out your gutters a few times a year, especially in the fall. Check to make sure your gutters are flush with the roof and attached securely, repairing any areas that sag or where the water collects and overflows. Clean out the gutters and downspouts, checking that outlet strainers are in good shape, and are firmly in place. Finally, check that your downspouts direct water away from your house, not straight along the foundation.

Check for leaks: The best opportunity to catch leaks is the first heavy rain after a long dry spell. Check the underside of the roof, looking for moisture on joints or insulation. Mark any spots that you find and then hire a roofing specialist to repair these leaks. If you wait until spots show up on your ceiling, insulation and sheet rock will have also been damaged and you could have a mold problem too. You can find tips on how to solve roof & gutter issues in this great article from http://FamilyHandyman.com.

Don’t forget the basement and the caulking around windows & doors. Check your foundation for cracks, erosion and gaps in window and door weathering. Make sure to properly seal any leaks while the weather is nice. This will ensure materials dry properly.

Pest Prevention: Rodents are determined and opportunistic, and they can do tremendous amounts of property damage (and endanger your family’s health). As temperatures cool, take measures to prevent roof rats and other critters from moving in. Branches that touch your house and overhang your roof are convenient on-ramps for invaders, so trim back branches so they’re at least four feet from the house. If you do hear scuttling overhead or discover rodent droppings in your attic, crawl space or basement, take immediate action. The website http://www.thisoldhouse.com has several helpful articles on the topic.

Maintain your heating and cooling systems: Preventative maintenance is especially crucial for your home’s heating and air-conditioning systems. Fall is a smart time to have your systems checked and tuned up if necessary. Don’t wait for extreme temperatures to arrive, when service companies are slammed with emergency calls. Between tune-ups, keeps your system performing optimally by cleaning and/or replacing air filters as needed.

If you have a wood-burning fireplace, a professional inspection and cleaning will help prevent potentially lethal chimney fires and carbon monoxide poisoning. Even if you don’t use your fireplace often, it’s a good idea to keep a supply of dry firewood or sawdust-composite logs so you have a backup heat source in an emergency. Gas fireplaces should be serviced about every 2 years to lengthen their lifespans.

Insulate & seal: Insulating your home is a cost-efficient investment, whether you’re trying to keep the interior warm in the winter or cool in the summer. Aside from more major improvements like energy-efficient windows and insulation, there are some quick fixes that do-it-yourselfers can tackle. If an exterior door doesn’t have a snug seal when closed, replace the weather stripping; self-adhesive foam stripping is much simpler to install than traditional vinyl stripping. If there is a gap under the door (which can happen over time as a house settles), you may need to realign the door and replace the vinyl door bottom and/or door sweep. Air also sneaks inside through electrical outlets and light switches on exterior walls. Dye-cut foam outlet seals placed behind the wall plates are a quick and inexpensive solution.


Posted on September 4, 2018 at 11:44 am
Windermere MI | Posted in Uncategorized | Tagged , , ,

Outdoor Living Trends for Summer 2018

Outdoor Living Trends for Summer 2018 - Windermere Mercer Island

 

The sun is back and summer is so close you can almost taste the s’mores being toasted around the fire pit…is this the year to spruce up your outdoor spaces? Fun new trends in alfresco design revolve around individuality of lifestyle and a desire to bring the inside out with rooms, furniture and lighting that would all be equally at home indoors. Cheesy, bulky and loud are out–quality, artisan and subtle are in. Here are some ideas to get you started:

 

1. Experiential Design

Newer outdoor concepts centered around the experiences of the owner–such as meditation gardens, outdoor movie screens, fireplaces/fire pits, children’s play spaces, and even life-size chess–are gradually replacing the cookie cutter yards of the past.


2. Chic Lighting

While Charlie Brown string lights have had their days in the sun, new trends are heading toward more sophisticated lighting fixtures. Shaded lamps, artisan and vintage fixtures are good choices for outdoor rooms and patios. We’re also seeing more indirect, low lighting that doesn’t compete with the stars.

 


3. Open Air Rooms

As weather-proof technology and materials improve, more homeowners are creating permanent outdoor living rooms, dining rooms, kitchens, and entertaining bars. Mildew-resistant curtains or folding glass doors can enclose the space as needed, while fireplaces or built-in space heaters keep things comfortable year-round.


4. Subtle Neutrals

We’re seeing a transition from bold stripes and colors to a softer palette with neutral tans, greys, greens, and dark blues. More discreet patterns follow the “indoors out” trend.

Photo courtesy of Kerry Joyce Associates.


5. Indoor Quality Furniture

Lighter fine-boned wood furniture with luxe upholstery is usurping those blocky, heavy, dark aluminum and plastic pieces that bake in the sun. Comfort and quality are key, with designer statement chairs and unexpected wicker pieces that are a far cry from your grandma’s wicker.


6. Alternative Flooring Materials

Many homeowners are moving beyond the rug, using new budget-friendly materials such as porcelain pavers or beechwood deck tiles to create a seamless indoor-to-outdoor look.


7. Smart Outdoor Tech

Whether it’s smart sprinklers that use soil moisture and weather data to adjust their water output, quieter & cleaner electric mowers, or 3D imaging programs that help landscapers develop and visualize designs, the world of smart technology is definitely making its way outdoors.

 

 


ABOUT WINDERMERE MERCER ISLAND

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

©2018, Windermere Real Estate/Mercer Island


Posted on June 7, 2018 at 4:11 pm
Windermere MI | Posted in Uncategorized | Tagged , , , , , , ,

Planning ahead: how tax reform will impact your home deductions next year

2018 Tax Changes for Home Owners

 

While you may still be busy filing your 2017 taxes, it’s important to look ahead and be aware of how the new 2018 tax reform laws will affect next year’s return–especially if you’re a homeowner. Those who itemize will need to note some big changes in what they can and cannot deduct. Many will instead choose to use the new higher standard deduction ($12,000 for single individuals and $24,000 for joint returns) rather than itemizing their deductions.

What can you do now? Check in with your accountant for advice specific to your situation and filing status. Also, you’ll probably want to update your withholding amount to reflect the new deduction amounts. In the meantime, here is the skinny on 5 changes that may affect you if you own a home…

 

1. Mortgage Interest Deduction

The deduction that allows homeowners to reduce their taxable income by the amount of mortgage interest they pay has been scaled back.

  • For loans taken out after 12/14/17, you can now only deduct mortgage interest paid on the first $750,000 of combined debt for primary and secondary residences (or $375,000 if married filing separately).
  • Current loans of up to $1 million are grandfathered and are not subject to the new $750,000 cap if they were taken out before 12/15/17 (or if you entered into your purchase contract prior to 12/15/17 and the sale closed by 1/1/18).
  • You can continue to deduct the interest on grandfathered loans even if you refinance.

 

2. Home Equity Loan Deduction

Under the former tax law, you were able to deduct the interest on up to $100,000 of home equity debt even if the proceeds were used for something other than buying or improving the home (for example, an equity line of credit used to pay college tuition). This is now no longer the case.

  • New 2018 law eliminates the deduction for interest on home equity debt unless it’s used to buy, build, or substantially improve the home that secures the loan.
  • Loans to buy second homes do not qualify for the interest deduction if they’re taken out against the equity of your primary home.

 

3. Deduction for Property & Sales Taxes

Tax relief for homeowners who pay property taxes has also been limited.

  • Itemized deductions for property taxes, sales taxes, state income taxes, and any other local taxes will now be limited to a combined total of $10,000.
  • The combined limit drops to $5,000 if married filing separately.

 

4. Deduction for Moving Expenses

While you used to be able to deduct some moving expenses when you moved for a new job, this deduction has been repealed for everyone except active-duty members of the armed forces.

 

5. Deduction for Casualty Losses

Under former law, substantial losses to your home and personal property through things like fires and robberies could be deducted from your taxable income. Under the new law, this deduction is eliminated for everything except presidential-declared natural disasters.

 

Want to know more?

 

The above article is presented for informational purposes only and is not intended to replace professional tax advice from your accountant.

Sources:
“The Tax Cuts and Jobs Act – What it Means for Homeowners and Real Estate Professionals,” by the National Association of Realtors
“5 Homeownership Changes Coming Under New Tax Law” by NerdWallet
“Tax Reform” by the Internal Revenue Service


ABOUT WINDERMERE MERCER ISLAND

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

©2018, Windermere Real Estate/Mercer Island


Posted on March 12, 2018 at 2:19 pm
Windermere MI | Posted in Uncategorized | Tagged , , , , , , , , , ,