Anacortes/Skyline Real Estate Market Update

Looking Ahead to 2014…

I am often asked about the real estate market outlook for 2014.  Overall, I expect an even better real estate market than 2013 in Skagit County but whether or not you benefit, will depend on your circumstances. Here are my predictions for Skyline and Anacortes based upon numerous articles I have read from national and state economists, real estate specialists, national builders, mortgage lenders, and the other agents across the country.

1. Interest rates will stay low but will be slightly higher than they are now.  This will impact first time home buyers the most and anyone who is looking to leverage.

2. If the economy continues to improve in Western Washington, more homeowners in the greater Seattle area will be able move into our area and either telecommute or retire.

3. The second home market is in the infancy phase of a recovery as it is always the last phase of the market to recover.  We have just started to see second home activity, but those buyers will be more cautious than in years past.

4. 2014, like 2013, will be a year of short inventory in many market segments.  We experienced an inventory shortage especially in Skyline.  In 2014, I expect many Skyline homeowners will feel they have recouped enough of their equity and will decide to sell. Competition for these homes will be new construction so condition and staging the home will be more critical than ever (I provide free staging services for my listings).

5. Most Skagit County foreclosures are behind us so there will be fewer appraisal issues on homes in escrow than in 2013.

6. Our population will increase but the number of new homes in Anacortes will be less than the population increase.  We continue to see an increase in multi-generation living as kids can’t find jobs and senior citizens live with their children to help both parties benefit economically.

What does this mean for you if you are considering selling?   Please call Jean Groesbeck for a free no obligation market analysis and to discuss strategies for achieving top dollar for your home.

If you would like to receive our quarterly newsletter, which gives a detailed breakdown of market stats by price, please call (360) 941-3734 or email Jean@JeanGroesbeck.com.  Your Anacortes Skyline specialist!

OPEN HOUSE- Stunning Skyline Home with Dock!

Anacortes Skyline Open House:

5801 Kingsway Р Anacortes
Saturday June 29th: 11:00-2:00

Live like you’re on vacation everyday with your boat in your backyard in this beautiful Skyline waterfront home!

Drop your crab pot & go fishing or return home & relax on your waterside private patio with open view down the canal. Custom home with a 3,253¬Ī sf open floor plan to enjoy the exceptional vista, luxurious interior, formal dining area, designer kitchen with large eating bar/gathering area, large bonus/flex space, over sized 3 car garage, a sumptuous spacious master with Jacuzzi tub, rain shower & 30’¬Ī dock. Enjoy island living by bridge! $799,000

Also, enjoy the use of Skyline amenities: Clubhouse,  Private beaches, waterside cabana with kitchen for entertaining, waterside RV hook ups for visiting friends, tennis courts, community events such as: Garden Club, Bridge Club, Exercise classes, porch club & more!

Driving Directions from Anacortes: Oakes to Anaco Beach Rd.  Right on Sterling, right on Kingsway to house on corner of Skyline Way and Kingsway Рhome is on your left.

For more information on Anacortes Skyline real estate, or Anacortes waterfront homes for sale with a dock, please call Jean Groesbeck at (360) 941-3734 or email Jean@JeanGroesbeck.com

“Skagit Sets Sail” in La Conner!

Interested in learning more about Skagit County’s maritime history?

Check out the opening reception for the new featured exhibit “Skagit Sets Sail” in La Conner on January 31st at 7 pm! This exhibit will feature the maritime history of Skagit County, focusing on the Skagit River all the way to Puget Sound. You can see photos, artifacts and multi-media presentations that bring to life the maritime history of beautiful Skagit County.

And if you love boating, don’t forget to visit the Seattle Boat Show – January 25th-February 3rd! It is the west coast’s largest boat show featuring more than 1,000 recreational watercraft, seminars and the latest accessories indoors at Century Link Field!

If you interested in moorage or homes  for sale with a dock, call Jean Groesbeck at (360) 941-3734 or email Jean@JeanGroesbeck.com.

Anacortes – Skyline Real Estate Market Update

Most NW Markets Continue to Suffer from a Shortage of Inventory

What a difference from last year!  The Anacortes real estate market had 219 homes on the market in October 2011, while this October, Anacortes only had 183.  (Please see charts below).  Last year during the month only 20 homes went pending (a signed purchase and sale agreement) in Anacortes while this year, we had 35 homes go pending. The inventory in Skyline was down 41.9% vs. October 2011 while sales were up 50%.  (The chart labeled as Skyline).

We are often asked to predict the Anacortes real estate market.  The improvement in the real estate market has lead to more new home starts in Anacortes.  Since buyers tend to prefer new construction, I expect that we will continue to have pressure on pre-owned homes from the new inventory that is being built, but I expect there will be more homes sold in Anacortes in 2013 than in 2012, helping the pre-owned housing market.

If you are thinking of selling in 2013, there are some specific strategies that we recommend in terms of timing, staging, and pricing.  One of the most effective ways that a home seller can compete with new construction is to have your home in excellent condition, spotlessly clean, and professionally staged.  That is why we offer free staging services to all home sellers as part of our marketing services.

Timing is also critical.  If you are thinking of selling, please contact us now so we have time to work with you on preparing  your home.  If you wait until spring you will be late coming on the   market and miss many home buyers.  We also need time to schedule a professional  photographer, reserve the appropriate advertising space, prepare professional marketing material, develop the virtual tour and hundreds of other things we do to sell your home.  We are lining up our January appointments now so please call today!


Skyline Beauty!

4923 Heather Drive AnacortesSkyline Community

Fabulous view of Skyline marina, boat traffic, Rosario Strait, Burrows Island, Allen Island,  and more! Recently reduced to $699,000!
http://www.youtube.com/watch?v=ZD20av7hy8w

Enjoy dramatic sunsets and panoramic unobstructed views of Skyline Marina, Burrows Bay, the Mountains & even Thatcher Pass! The open 3,478¬Ī sf¬†floor plan of this quality 5 BD / 3.5 BA home built in 2000/updated in 2006 and the see-through fireplace allow sweeping views from every room. Luxurious master suite on the main level has walk-in, jetted tub, and linen storage. MIL/guest suite on lower level has a kitchen and separate entrance. Oversized garage is 700¬Ī sf-room for 3 cars. This has it all!

Driving Directions:  W on 12th. Left on Anaco Beach Rd., right on Kingsway, right on Heather, home is on the left.

For more information on this property, please contact (360) 941-3734 or email Jean@JeanGroesbeck.com

Skyline – Anacortes, WA

Skyline - Anacortes, WA

 

Skyline is a beautiful developed area of Fidalgo Island that includes homes with a wide variety of architectural styles and most of the homes have views of Skyline Marina.  Many of the homes have views of Burroughs Bay; Allen, Burroughs and Whidbey Islands; the Olympic Mountains; and of course Skyline Marina.
 
Skyline is generally considered to include the area between the southwestern tip of the Anacortes Airport, across Anaco Beach Road and over to Washington Park. Starting in the 1960’s, some of the most expensive homes of Anacortes began to be built in the Skyline area. Then in the 1970’s both single and multilevel homes with southwesterly and westerly facing views were built and the community which occupied the northwestern tip of Fidalgo Island became known as Skyline.
 
Today, Skyline homes vary in year built, style and amenities. From seventy’s ramblers to the newer Craftsman homes, Skyline boasts a variety of architectural styles, although most of the older homes have been updated over the years.  Many of the homes have incredible panoramic views so investing in home upgrades continues to pay off for Skyline homeowners.

Skyline is a walk-able community built around the Skyline Marina, Tug Boat Park, and the Skyline Beaches Skyline homeowners enjoy jogging in the neighborhood as well as walking the trails and road in nearby Washington Park.
 
The Skyline Marina facility offers both open and covered moorage with a variety of boat slip sizes. This large marina built in 1965, is able to accommodate smaller mega yachts with advance notice. The facility is a dockominium, (each slip is privately owned) so access is based on availability. The large boatyard can help you with most repairs and maintenance needs plus there is a boat lift for convenience. Skyline Marina is open year round from 8 am to 5 pm. 
 
Skyline home owners enjoy the use of a private beach, Community Center, RV parking, tennis courts, parks, beach cabana, and easy access to Washington Park  There is a quaint convenience store and fuel station called Old Salts where you will often see Skyline residents enjoying a cup of coffee and the newspaper, or sharing boating or fish stories.
 
The unique seaside/bay living appeals to both young and old and is one of the most desirable communities in Anacortes.  If you would like to take a tour of Skyline or receive our Skyline real estate update please an email to Jean@ColdwellBanker.com or LindaHarris@CBBain.com or call (360) 941-3734 or (360) 202-8888.