Buyers • Sellers • June 18, 2025

Why More Sellers Are Choosing To Move (Even with Today’s Rates)

by Bill Jordan

If you’re a homeowner in the Seattle area housing market, you may be wondering if now is really the time to make a move—especially with mortgage rates higher than we’ve seen in recent years. But despite those rates, more and more sellers are making the move. Why?

Real estate decisions are about more than just rates.
Sure, interest rates are part of the equation—but they’re not the only thing that motivates a homeowner to sell. As Keeping Current Matters points out:

“While mortgage rates are still elevated compared to where they were a couple of years ago, that isn’t stopping homeowners from selling their houses. Some just can’t put their plans on hold any longer.”

Whether it’s a new job, growing family, retirement, or lifestyle change, many local homeowners in areas like Lynnwood and Edmonds are deciding that the cost of waiting outweighs the cost of higher monthly payments.

Equity gives sellers flexibility.
If you’ve owned your home for several years, chances are you’ve built up a healthy amount of equity. That equity can be a powerful tool—whether you’re downsizing, moving closer to family, or looking for more space.

In the Lynnwood real estate market and surrounding areas, we’ve seen strong price appreciation over the past few years. That means many homeowners are in a great position to use their equity toward their next down payment—reducing the impact of today’s higher rates.

More choices are coming to market.
One major concern for sellers thinking about buying again is inventory. But the good news? We’re finally seeing more homes for sale in Edmonds, Lynnwood, and throughout the Seattle suburbs.

If you’ve been waiting for the right time to list, this might be it. Increased inventory means more options on the buying side and more interest from buyers who have been starved for selection.

Bottom Line
If personal or financial goals are prompting you to consider a move, don’t let today’s rates hold you back. As a trusted local expert, I can help you run the numbers, assess your equity, and decide if now’s the time to list your home—or find the next one.

📍Thinking of buying or selling in Lynnwood, Edmonds, or the Seattle metro area? Let’s connect. I’m here to help you make a smart move.

Buyers • Sellers • June 11, 2025

🏘️ Is Inventory Getting Back to Normal in the PNW?

by Bill Jordan

🏘️ Is Inventory Getting Back to Normal in the PNW?

The national housing market is returning to more balanced levels—but what’s happening here in Snohomish and North King Counties? Let’s break it down.

📊 What KCM Says

According to Keeping Current Matters, inventory levels are rising in many areas—helping shift markets from extreme sellers’ conditions toward a healthier balance. Still, mortgage rates and buyer demand play a big role in when and how this transition unfolds.

📈 Local Inventory Snapshot

King County

Active listings reached 7,996 in May 2025, up ~58% year-over-year and more than double compared to mid-winter
Inventory stands at about 1.9 months, still a sellers’ market, but inching closer to balance

Snohomish County

Active listings climbed to 2,481 in May 2025, a steep rise from 1,464 in January
That’s about 2,480 homes for sale, marking a significant shift for a county known for tighter inventory in previous years.
New listings rose too—May saw 1,737 added, bringing total active inventory to 1,815—a 64% jump YoY

💡 What This Means for You

For Buyers: More listings = more choice. You can take your time, tour thoughtfully, and negotiate from a better position—especially in Snohomish where buyer activity is still catching up to supply
For Sellers: This isn’t panic time—but competition is increasing. Homes still sell quickly if priced right, staged well, and professionally marketed.
If you’ve been waiting for inventory to improve, the moment is now.

📌 PNW Market Snapshot

County	Active Listings	YoY Change	Months of Inventory*	Median Price (≈)
King	~8,000	+58%	~1.9	$920K–$989K
Snohomish	~2,480	+70%+	~1.5–2.0	$745K–$833K

*Balanced market is 4–6 months of inventory.

📚 Your Local Takeaway

Buyers: You’re in a strong position with more homes to pick from and room for negotiation.
Sellers: The market remains favorable, but you need strategy—price smart, stage thoughtfully, and market creatively.
Everyone benefits from the shift—supply levels are improving, even if still on the tight side.

🔊 Want to Talk Strategy?

Whether you’re looking to buy in this market or thinking about selling, this is a turning point. I’d love to walk you through what this means for your specific neighborhood and goals. Let’s connect!

General • June 4, 2025

🏳️‍🌈 Pride Month in the PNW: Quick Quips on Community, Home, and Belonging

by Bill Jordan

Pride Month is about more than rainbow flags — it’s about honoring authenticity, inclusion, and the right for everyone to feel safe and celebrated where they live. As a local real estate pro and community member, here are a few things I believe, support, and want to share this June.

🌈 🏡 Home Should Always Feel Like Belonging

Everyone deserves a home where they can be their full, unapologetic selves. Period.

🌈 🛑 Hate Has No Home Here

In my business — and in my personal values — love wins, and discrimination loses.

🌈 💼 Buying or Selling? You’re Safe With Me

LGBTQ+ clients, couples, and families: I’m here for you. Always. Respect, clarity, and advocacy included.

🌈 📍 The PNW Has Pride

From Seattle to Snohomish County, our communities show up — loud, proud, and welcoming.

Check out local events like:

Seattle Pride Parade (June 30)

Everett Pride in the Park (June 15)

Capitol Hill PrideFest (June 29)

🌈 🎉 More Than a Month

Supporting the LGBTQ+ community isn’t seasonal — it’s baked into how I do business and how I show up in life.

🌈 🏠 Real Estate Tip: Inclusion Sells

Homes in welcoming, diverse areas often hold stronger long-term appeal. Communities that care attract people who care.

🌈 ❤️ Let’s Keep Growing Together

If you or someone you love needs a trusted real estate ally who leads with empathy and local knowledge, I’m here — every step of the way.

Happy Pride, PNW.

Here’s to equity, community, and everyone having a place they truly call home.

Sellers • May 28, 2025

Thinking About Downsizing? Here’s What to Know Before You Do.

by Bill Jordan

Thinking About Downsizing? Here’s What to Know Before You Do.

For many homeowners in South Snohomish and North King County, the idea of downsizing isn’t just about finding a smaller space — it’s about starting a new chapter. Whether your kids have moved out, you’re looking for less maintenance, or just craving a simpler lifestyle, downsizing can bring a surprising amount of freedom.

But before you trade square footage for simplicity, there are a few important things to consider.

Why People Choose to Downsize

✅ Less upkeep: Smaller homes mean fewer chores and less yardwork.
✅ Lower costs: Utility bills, taxes, and insurance can all shrink with the home.
✅ More cash flow: Selling a larger home in today’s market can unlock equity to fund travel, retirement, or other goals.
✅ New lifestyle: Many downsizers are drawn to walkable neighborhoods, low-maintenance condos, or one-level living.

Things to Think About Before You Downsize

1. Do You Know What You Really Need?
Be realistic about your space needs. Will you host guests? Need a home office? Storage space? Downsizing doesn’t mean compromising on comfort — it means choosing the right space.

2. Will This Be Your Forever Home?
Consider future needs like accessibility, HOA rules, or long-term affordability. A smaller home should fit your lifestyle both now and later.

3. Are You Ready Emotionally?
It can be tough to leave a home full of memories. Take time to process it — and know that you’re not alone. A good real estate partner, such as myself, can help ease that transition.

4. What Will You Do With Your Equity?
Selling a larger home in today’s market can yield a strong return. Will you buy with cash? Invest? Save? Planning ahead ensures you make the most of it.

Downsizing Doesn’t Mean Downgrading

In fact, it often means upgrading your quality of life. With the right guidance, you can make a smart move that’s financially sound and personally fulfilling.

📍 Thinking about your next move?
Let’s connect to explore your options and get a personalized plan — whether you’re ready now or just starting to dream.

General • May 22, 2025

Top 5 Outdoor Features Buyers Love in the PNW (And How to Add Them to Your Home)

by Bill Jordan

In the Pacific Northwest, outdoor living is more than a trend — it’s a lifestyle. Buyers in South Snohomish and North King counties aren’t just looking at the kitchen and bathrooms; they’re paying close attention to outdoor spaces that feel like a true extension of the home. Whether you’re thinking about selling soon or just want to boost your home’s value and curb appeal, these five features are buyer favorites — and surprisingly easy to add.

1. Covered Outdoor Living Space

Rain or shine, PNW buyers love a space they can use year-round. Covered patios, pergolas, or even a simple gazebo make a huge difference.

Quick Add: Install a canopy or retractable awning to define your outdoor area and offer protection from the elements. String lights and an outdoor rug create instant ambiance.

2. Fire Pits and Outdoor Heating

Cozy gathering spots are a huge draw — think evening s’mores or wine around a fire. Fire pits (wood-burning or gas) are now seen as essential in backyard entertaining.

Quick Add: Freestanding fire bowls or tabletop fire features offer easy, portable options with minimal investment.

3. Low-Maintenance Landscaping

Drought-tolerant and native plants are trending — not just for their look, but because they’re easy to maintain and eco-friendly.

Quick Add: Swap out patchy grass for mulched garden beds with lavender, ornamental grasses, or Pacific Northwest natives like salal and sword fern.

4. Outdoor Kitchens and Grilling Zones

From built-in BBQs to simple prep stations, having a place to cook outside is a feature buyers love — especially during Seattle’s beautiful summer months.

Quick Add: Create a mini “grill station” with a prep table, storage shelf, and outdoor utensil hooks. Bonus points for weatherproof counters.

5. Functional Lighting

Outdoor lighting is key for safety, ambiance, and nighttime curb appeal. Buyers notice it — especially during evening showings or twilight photos.

Quick Add: Solar pathway lights, motion-sensor sconces, and string lights are easy upgrades that make a big visual impact.

Thinking About Selling? These Upgrades Can Pay Off

Outdoor improvements not only attract more buyers — they can help your home sell faster and for more. Want advice tailored to your home? Let’s chat.

Buyers • May 16, 2025

Are Student Loans Hold You Back from Buying a Home?

by Bill Jordan

Are Student Loans Hold You Back from Buying a Home?

If you’re one of the millions of Americans with student debt, you’re not alone—and it doesn’t mean you have to give up on your dream of owning a home. In fact, data shows that about 60% of people with student loans are actively planning to buy a home.

So if you’ve been putting off your search because of your loans, now’s the time to take another look.

“When you have student loans, it’s not the loan itself but how you manage your monthly debt that matters most. Lenders want to see that you’re responsible with repayment and not overextended.”
— Freddie Mac

Student debt doesn’t automatically disqualify you from buying. Lenders are mainly focused on your debt-to-income ratio, not just whether or not you have loans. That means responsible repayment and good credit habits can still lead you to a mortgage approval—even with student loans on the books.

Here’s how to position yourself for success:

✅ Tap into first-time buyer programs that offer down payment assistance
✅ Partner with a local lender who understands student loan guidelines
✅ Keep up with on-time payments and work on your credit score
✅ Talk with a real estate agent like myself who can guide you step by step

This chart from the National Association of Realtors helps put things into perspective—many buyers carry student loan debt and still move forward with purchasing a home.

If you’re planning to buy a home in South Snohomish or North King County, let’s connect. I work with buyers every day who are navigating student debt and still making homeownership happen.

Let’s talk about your next move—and how to make it work for your situation.

Buyers • May 7, 2025

Is an HOA Really That Bad? The Pros and Cons of Living in an HOA Community

by Bill Jordan

If you’ve spent any time browsing real estate forums or chatting with neighbors, you’ve likely heard some strong opinions about HOAs (Homeowners Associations). Some people swear they’d never live in an HOA again. Others love the structure and community feel it provides. So what’s the real story? As a local real estate expert who’s helped buyers and sellers navigate all types of neighborhoods, here’s a balanced look at the pros and cons of living in an HOA community.

✅ The Pros of HOA Living

1. Neighborhood Aesthetics and Property Values
One of the top reasons people choose HOA communities is the consistent curb appeal. HOAs often enforce rules that maintain the look and feel of the neighborhood — things like lawn care, exterior paint colors, and fencing. While that might seem restrictive, it helps protect home values by ensuring your neighbor’s jungle of weeds or eye popping paint color doesn’t drag your property value down.

2. Amenities and Perks
Many HOAs provide shared amenities like parks, pools, clubhouses, walking trails, or even security patrols. These extras create a sense of community and often give you access to features you’d otherwise have to pay for separately.

3. Clear Community Standards
HOAs set guidelines to prevent common issues — like cars parked on lawns or loud late-night parties. For many homeowners, this means less conflict and a more peaceful living environment.

4. Community Events and Connection
Some HOAs go beyond rules and actually help build community. Seasonal events, neighborhood garage sales, and newsletters can help you feel more connected to your neighbors.

❌ The Cons (and Common Complaints)

1. Monthly Fees
HOA dues are one of the first concerns buyers bring up. These fees can range from under $100 to several hundred dollars a month or annually, depending on the community and amenities. It’s important to understand what you’re paying for — and whether it fits your lifestyle and budget.

2. Rules Can Feel Restrictive
Not being able to paint your front door bright red or park your RV in the driveway might feel overly controlling. For homeowners who value personal expression or flexibility, some HOA rules may feel like overreach.

3. Inconsistent Management
Let’s be honest — not all HOAs are created equal. Some are well-run and transparent, while others can feel disorganized or even overly aggressive. Before buying into a community, it’s smart to review the HOA’s budget, meeting minutes, and rules (known as CC&Rs).

4. Potential for Disputes
Occasionally, homeowners find themselves at odds with the HOA over fines or rule interpretations. While many issues can be resolved with good communication, some disputes can escalate — which is where the HOA’s reputation really matters.

🏡 Final Thoughts: Is an HOA Right for You?

If you’re someone who values structure, neighborhood consistency, and shared amenities, an HOA community can be a great fit. On the other hand, if you’d rather not have anyone telling you what you can and can’t do with your property, you might be happier outside of one.

The bottom line? HOAs aren’t inherently good or bad — it all depends on the specific community and what’s important to you as a homeowner.

If you’re curious about homes in HOA communities in South Snohomish or North King County, I’m happy to walk you through the options and help you find the right fit — whether that includes an HOA or not.

Sellers • April 29, 2025

Want to Buy a Home but Already Own One? Here’s What You Can Do

by Bill Jordan

If you’re a homeowner in the Edmonds, Mountlake Terrace, or Lynnwood area thinking about moving, you’re not alone. Many people are trying to figure out how to buy a new home while still owning their current one — especially with today’s mortgage rates and low housing inventory. The good news is, there are several smart strategies that can help you make your next move a reality.

Here are your options:

Use a Home Sale Contingency

One option is to include a home sale contingency in your offer. This means your purchase is dependent on successfully selling your current home first. It can protect you from carrying two mortgages at once. However, in competitive housing markets like Edmonds and Mountlake Terrace and Lynnwood, sellers often prefer non-contingent offers. Working with a local real estate expert like myself with experience in this can help you position your offer strategically while minimizing risk.

Explore a Bridge Loan

Another option is a bridge loan, which gives you temporary financing to cover the gap between buying your new home and selling your current one. Bridge loans are popular with homeowners who have built up strong equity and are confident their existing home will sell quickly. Just be aware that these loans usually come with higher interest rates and fees, so it’s important to weigh the pros and cons carefully.

Tap Into Your Home Equity

If you’ve owned your home for a few years, chances are you’ve built up significant home equity, especially here in Lynnwood and Mountlake Terrace and Edmonds areas. You might consider using a home equity line of credit (HELOC) or a home equity loan to fund the down payment on your next home. This approach can give you flexibility to buy without rushing to sell — a major advantage in today’s market.

Turn Your Current Home Into a Rental

Another creative strategy is to turn your existing home into a rental property. The Seattle area has strong rental demand, and renting out your current property could help cover your mortgage while you move into your next home. Becoming a landlord isn’t for everyone, but it could be a smart long-term investment if you plan carefully.

Thinking About Your Next Move?

If you’re considering buying and selling at the same time, understanding all your options is key. Every situation is different, and local market conditions in South Snohomish County and North King County can make a big impact on the best path forward.

Thinking about your next steps? I’d love to help you create a customized strategy that fits your goals. Reach out today to get started!

Buyers • Sellers • April 23, 2025

🏡 Is the Housing Market About to Crash? Here’s What Lynnwood & Surrounding Areas Should Know

by Bill Jordan

With national headlines buzzing about a potential housing market crash, it’s natural for homeowners and buyers in Lynnwood, Edmonds, and Bothell to feel a bit uneasy. However, local market dynamics tell a more nuanced story.

📉 National Concerns vs. Local Realities

Experts suggest that while some overheated markets might experience price corrections, a nationwide crash akin to 2008 is unlikely. Tighter lending standards and a more robust economy contribute to this stability.

In our local areas, including Mountlake Terrace and Shoreline, the market remains resilient. Inventory levels are gradually increasing, providing more options for buyers without leading to a surplus that could trigger a crash.

💼 What This Means for You

Sellers: Proper pricing is crucial. While bidding wars are less common, well-priced homes continue to attract serious buyers.
Buyers: With mortgage rates somewhat stabilizing, now might be an opportune time to enter the market, especially with more listings becoming available.

🏘️ Local Market Snapshot

Lynnwood: Steady demand with a slight uptick in listings.
Edmonds: Continues to be a sought-after area, with homes moving quickly when priced right.
Bothell: A balanced market offering opportunities for both buyers and sellers.

✅ Ready to Make a Move?

Whether you’re thinking about buying, selling, or just curious about where your home stands in today’s market, I’m here to help. I’m Bill Jordan with Century 21, your trusted local real estate expert in South Snohomish and North King County.

📞 Call/text me at 425-426-9570
📩 Or visit billjordan.realscout.com to get a free, no-obligation home value estimate.

Let’s talk strategy—and make your next move a confident one.

Sellers • April 16, 2025

How Much Equity Do You Have?

by Bill Jordan

🏡 How Much Equity Do You Have? A 2025 Guide for Homeowners in South Snohomish & North King County

If you own a home in South Snohomish or North King County, chances are your equity has grown significantly in the last couple of years. Whether you’re considering selling, refinancing, or just curious about your financial standing, understanding your home equity is a smart move—especially in today’s market.

📊 Local Market Snapshot (2023–2025)

Snohomish County:

As of March 2025, the average sale price is $802,168.
Homes are spending an average of just 29 days on market.
Median price in February 2025: $740,000 — up 4.2% year-over-year.

North King County:

February 2025 median sale price: $848,388, up slightly from 2024.
March 2025 median sale price: $862,641, a 5.4% increase compared to the previous year.

These numbers show a steady rise in home values—and that translates to more equity for homeowners like you.

💡 What Is Home Equity?

In simple terms:
Your Home’s Market Value – What You Owe = Your Equity

If your home’s value has climbed and your mortgage balance has decreased, you could be sitting on tens (or hundreds) of thousands of dollars in equity.

🔎 How to Find Out What Your Home Is Worth

The best way to get a personalized, up-to-date value for your home is through a local expert who understands your neighborhood.

👉 Click here to get your free home equity estimate from Bill Jordan, Century 21.

No gimmicks. Just a fast, reliable snapshot of your property’s value in today’s market—backed by local data and insights.

📞 Why It Matters

Knowing your equity can help you:

Decide if now is a good time to sell or upgrade.
Tap into equity for renovations or debt consolidation.
Better understand your net worth and future options.

👋 Let’s Talk Equity

If you’d like a full equity report, a customized market analysis, or just want to explore your options, I’m here to help. Let’s connect and turn your home equity into opportunity.