6 Predictions for the 2018 Housing Market & Economy Header

At Windermere, we have the privilege of working with esteemed economist, Matthew Gardner. Throughout the year, I have shared his quarterly Gardner Reports which delineate out all the different housing markets in Western Washington and reports on price appreciation and sales data. Below is a recent article he wrote about predictions for the 2018 real estate market; which was picked up by several news sources, including Inman News.

As a bonus, I recently had the opportunity to chat with him and get some specific insights on the Greater Seattle real estate market for 2018 and have included those at the end of this article. 2018 looks to be another strong year in real estate. If you are curious about how the market might affect your bottom line, please contact me. It is my goal to help keep my clients informed, empower strong decisions and create exceptional results. Here’s to a very happy New Year!

 

What Can We Expect From the 2018 Housing Market?
by Matthew Gardner, Chief Economist, Windermere Real Estate

Millennial Home Buyers
Last year, I predicted that the big story for 2017 would be millennial home buyers and it appears I was a little too bullish. To date, first-time buyers have made up 34% of all home purchases this year – still below the 40% that is expected in a normalized market. Although they are buying, it is not across all regions of the country, but rather in less expensive markets such as North Dakota, Ohio, and Maryland.

For the coming year, I believe the number of millennial buyers will expand further and be one of the biggest influencers in the U.S. housing market. I also believe that they will begin buying in more expensive markets. That’s because millennials are getting older and further into their careers, enabling them to save more money and raise their credit profiles.

Existing Home Sales
As far as existing home sales are concerned, in 2018 we should expect a reasonable increase of 3.7% – or 5.62 million housing units. In many areas, demand will continue to exceed supply, but a slight increase in inventory will help take some heat off the market. Because of this, home prices are likely to rise but by a more modest 4.4%.

New Home Sales
New home sales in 2018 should rise by around 8% to 655,000 units, with prices increasing by 4.1%. While housing starts – and therefore sales – will rise next year, they will still remain well below the long-term average due to escalating land, labor, materials, and regulatory costs. I do hold out hope that home builders will be able to help meet the high demand we’re expecting from first-time buyers, but in many markets it’s very difficult for them to do so due to rising construction costs.

Interest Rates
Interest rates continue to baffle forecasters. The anticipated rise that many of us have been predicting for several years has yet to materialize. As it stands right now, my forecast for 2018 is for interest rates to rise modestly to an average of 4.4% for a conventional 30-year fixed-rate mortgage – still remarkably low when compared to historic averages.

Tax Reform
There are changes to the income tax structure that could potentially have a significant impact on homeowners and the housing market. The first is the mortgage interest rate deduction which will be capped at $750,000 – down from $1,000,000. In theory this can be considered a tax on wealthy households, but there have been nearly 100,000 home sales this year where the mortgage loan was over $750,000 (almost 4% of total sales), so the effect will be felt more broadly.

That said, this change will disproportionately affect high-cost markets in California, New York, and Hawaii, and to a somewhat lesser degree, it will also be felt in Seattle, and parts of Colorado and Arizona. The capping of the deduction for state and local property taxes (SALT) at $10,000 will also negatively impact states with high property taxes, such as California, New York, and New Hampshire.

The final tax bill also eliminates the deduction for interest on home equity loans which is currently allowed on loans up to $100,000. This is significant because it will largely affect the growing number of homeowners who are choosing to remodel their home rather than try to find a new home in supply-starved markets like Seattle.

While these measures will likely have a dampening effect on housing, I do not believe they will lead to a substantial drop in home values. However, there is a concern that it will lead to fewer home sales, as households choose to stay put so they can continue to take advantage of the current mortgage interest deduction. The result could be fewer listings, which could actually cause home prices to rise at above-average rates for a longer period of time.

Housing Bubble
I continue to be concerned about housing affordability. Home prices have been rising across much of the country at unsustainable rates, and although I still contend that we are not in “bubble” territory, it does represent a substantial impediment to the long-term health of the housing market. But if home price growth begins to taper, as I predict it will in 2018, that should provide some relief in many markets where there are concerns about a housing bubble.

In summary, along with slowing home price growth, there should be a modest improvement in the number of homes for sale in 2018, and the total home sales will be higher than 2017. First-time buyers will continue to play a substantial role in the nation’s housing market, but their influence may be limited depending on where the government lands on tax reform.

https://www.windermere.com/blogs/windermere/posts/1701
Gardner, Matthew. “What Can We Expect From The 2018 Housing Market?” Windermere Real Estate. Windermere.com, 8 December 2017. Web. 27 December 2017
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A Conversation with Matthew

It is always a pleasure to talk with Matthew. We recently discussed his thoughts on the Greater Seattle real estate market and what he sees shaping up for 2018.

Millennial homebuyers were more of an influence in the Greater Seattle market in 2017 because of the robust hiring that corporations such as Amazon have made. He thinks that this will continue to grow in 2018, because the cost of rent continues to rise at a rapid pace and in many cases owning makes superior financial sense. For example, it is not unheard of to pay $3,000 a month in rent for a unit in South Lake Union. While this eliminates a commute, it is an incredibly costly payment that goes entirely towards the landlord’s investment. If one is willing and able to pay that much in rent, it is important to look at the fact that that number is equivalent to a mortgage payment on a $550,000 home! He predicts that we will see more millennial homebuyers move out to the more traditional suburbs to start building their wealth in real estate. Ideally, Millennials would love to live in “ex-urban” areas that are still close to their places of work; however, listings are slim and prices very high for this type of product.Therefore, he expects to see Millennials having to look at the suburbs when deciding where to buy.

In 2017, net in-migration totaled 50,000 in the Greater Seattle area. Matthew predicts that we will see the same in 2018 due to our robust job market and Californians continuing to move to the area. Employment in the region will continue to expand, but at lower rates than seen in 2017. That said, he sees more wage growth than job growth in 2018 as companies have done so much hiring over the last 3 years, and now they are focused on maintaining their employee base. Amazon has signed on to occupy 5 million additional square feet of space over and above the 8+ million square feet that they currently occupy, so we will continue to see job growth there. The unemployment rate will stay below 4% in 2018.

Matthew believes we will see a slight increase in inventory taking our market to hot from boiling. Some new construction will help this increase and he does expect to see some Baby Boomers deciding to either cash-out and leave the area, or downsize. This inventory growth should temper price growth and increase sales by 6%. In 2017, we saw a year-over-year price appreciation rate of 13% in the Greater Seattle area, and he predicts 8-8.5% for 2018. This is still well above the normal rate of 5.5%, but certainly much more sustainable than 13%!

Lastly, Matthew is adamant that we are not headed toward another bubble. The average down payment in the Greater Seattle area is now over $100,000 and home owners have great equity positions, which is a critical ingredient to a non-bubble market. Additionally, credit is still very tight and buyers are very highly qualified, and the rampant speculation that is the key sign of a bubble is not being seen locally. His biggest concern is affordability, and that we need to continue to find ways to create more housing through zoning changes and decreasing the cost of regulation for builders. This density would create more affordable housing.

 


Posted on January 4, 2018 at 10:46 am
Windermere Real Estate North | Posted in Local Market Analysis | Tagged , , , , , , , , , , ,

Essential Kenmore Commuting Tips: Seaplanes, Buses, Bikes, Cars, & More!

Nestled along the northern shores of Lake Washington and in between Bothell, Brier, and Lake Forest Park, the city of Kenmore is in a central location. Whether you need to head north to Everett or south toward Bellevue or Seattle, several commuting options await at your fingertips!

With the help of local Jen Richardson-Bowman, we’ve put together this handy guide to commuting from Kenmore. From the more unique options of seaplanes and biking to more traditional driving and transit options, Kenmore offers a little bit of everything to suit your style.

Commuting in Kenmore by Plane

Perhaps the most unique commuting option in Kenmore is to commute by seaplane via Lake Washington. “Kenmore Air is a great options for chartering or taking scheduled flights to the San Juans, Canada, and beyond!” shares Jen. Kenmore Air also provides private charters to other areas—need to hop over to Lake Union? It’s a possibility with Kenmore Air!

Commuting in Kenmore by Car

“522 is the main drag in Kenmore and it connects commuters to Eastside and Seattle,” says Jen, and Kenmore is located in between Highway 405 (to the east) and Interstate-5 (to the north). There’s also the Kenmore Park-and-Ride as well, a facility with 603 parking space, bicycle lockers, and several buses coming and going all day long.

Commuting in Kenmore by Bus

“Bus stops are plentiful here!” shares Jen. Served by both King County Metro and Sound Transit, you can hop on a bus heading almost anywhere from Kenmore. Whether you need to get to Shoreline or head into Downtown Seattle to work, the vast network of buses makes it all possible. Click here to find more information on specific routes!

Commuting in Kenmore by Bike

“The Burke-Gilman Trail runs between 522 and Lake Washington [and] makes a VERY scenic route to work for cyclists who have a final destination in Redmond or Seattle (and places in between),” shares Jen. With beautiful views of Lake Washington and a convenient route that begins in Kenmore, the Burke-Gilman Trail is the perfect way to squeeze your daily workout and commute into one and the same! Click here to see a map complete with road access points.

Commuting by Light Rail

With Light Rail expanding north from Seattle, Kenmore residents will be able to take advantage of commuting while being able to skip car traffic! The Light Rail has several new stops planned from University of Washington to Everett that you might be able to take advantage of if you live in Kenmore. Click here to check out the complete list of projects, light rail station locations, and timelines.



Posted on December 5, 2017 at 2:47 pm
Windermere Real Estate North | Posted in Kenmore |

Coming Soon to Kenmore: What You Can Expect in Kenmore’s Near Future

While Kenmore already offers a long list of excellent city amenities and a variety of housing options, there is always something new happening in the neighborhood. We wanted to take a moment to highlight 3 things you might especially be interested if you’re thinking about moving to Kenmore, and we talked to a couple of locals who have the scoop!

 

New Construction Homes

 

Curious about buying a home in Kenmore, WA? According to Jen Richardson-Bowman, “New construction abounds in Kenmore! It’s Northshore School District, so get ready for a little sticker shock!”

In Kenmore, you can expect to find some truly gorgeous homes. There are some incredible new construction homes, but there are older more established homes in the mix as well. Click here to take a quick look at some of Kenmore’s current home listings!

Lakepointe Waterfront Development

According to Michele Tenhulzen Kimes, “The waterfront development Lakepointe will transform the city by turning nearly 50 acres of industrial use space into shopping, dining and residential units.”

Located right on the shores of Lake Washington the Lakepointe development is a mixed-use development that will include a variety of land uses, and has been designed to “integrate the usage among residents, shoppers, vehicles, pedestrians and cyclists.” The plan was actually started back in 1989, and the proposed development has gone through several years of a citizen task force working with the developer to create a successful space. Weidner and Associates plans to invest $1 billion in the project.


Downtown Kenmore

Downtown Kenmore has been undergoing some serious changes, and there are even more redevelopment projects underway in the near future! While the Kenmore Town Square is complete, a new Hangar community building is in the works, and upcoming developments also include a large restaurant, commercial space, healthcare facilities, and more. Click here for the full overview of what you can expect in this Kenmore destination!



Posted on December 5, 2017 at 2:46 pm
Windermere Real Estate North | Posted in Kenmore |

Your Guide to Enjoying the Lake Washington Waterfront in Kenmore

Though the warm weather has passed, that doesn’t mean you can’t start thinking about next summer’s adventures. We asked our locals for some tips on enjoying the Lake Washington waterfront and they gave us their top insights.

Here is your guide to enjoying the Lake Washington waterfront in Kenmore (as recommended by our locals):

Saint Edward State Park

  • Located at 14445 Juanita Dr. N.E. Kenmore, WA 98028

When it comes to enjoying the waterfront in Kenmore, Saint Edward State Park (“set on the eastern shore of Lake Washington,” according to Claudette Meyer) cannot be beat. “This is the highlight of Kenmore in terms of getting out into the woods and feeling like you’re miles from home, but you’re not,” shares Jen Bowman. “Miles of hiking and wooded biking trails are found at this stunning state park. There’s a pretty hike from the top of the hill all the way down to Lake Washington (don’t forget good shoes since it’s a little steep). A huge playground next to the old seminary is a highlight for families.” Claudette seconds Jen’s recommendation, adding that “although we don’t get there often enough, my family and I love to explore the low forest hiking trails in Saint Edward State Park…Our more adventurous friends regularly go mountain biking on the many miles of trails in the park, with their 5 and 3-year-old in tow—there’s terrain for every skill level.” For a breath of fresh air the whole family will love, check out Saint Edward State Park today.

Log Boom Park

  • Located at 17415 61st Ave. N.E. Kenmore, WA 98028

Whether you’re looking to cool off or explore the local waters, you can do that and so much more at Log Boom Park. “Log Boom Park, just off the north end of the Lake and right next to Burke Gilman Trail is an awesome place to take a dip in the lake off of a huge elevated dock,” says Jen. “Lots of places to launch kayaks or stand up paddleboards. Great views of Mount Rainier can be found here and fireworks on the Fourth of July. Also, it’s a great spot to watch Kenmore Air departures and arrivals.” For a day filled with fun and relaxation, Log Boom Park has you covered.

Kenmore Boat Launch

  • Located at 17150 68th Ave. N.E. Kenmore, WA 98028

For those looking to get out on the water, the Kenmore Boat Launch is a secret gem. “The Kenmore boat launch is a hidden access point to Lake Washington,” says Casey Bui. “While it lacks a dock, it’s one of the few public boat launches in the northern half of Lake Washington. Its 2 boat launches and about 30 parking spaces are popular in the summer.”

“Launch the boat in Lake Washington,” says Jen. “[This] is the only public boat launch at the north end of Lake Washington. Parking can be very tight, so best to get there early on sunny summer days. Also a good spot to launch the paddle board or kayak and head east towards downtown Bothell on the slough. Lots of bird watching and very calm waters along the slough.” So, if you’re quick enough when those sunny summer days roll around, you can take advantage of all that Lake Washington has to offer at the Kenmore Boat Launch.  

Sammamish River

Finally, if you’re still looking for ways to enjoy Lake Washington’s waterfront, rent a kayak and take it along the slow-moving Sammamish River. “Sammamish River [offers] kayaking rentals, located at the mouth leading to the north end of Lake Washington,” says Michele Kimes. Perfect for both beginners and more experienced kayakers, this river is one of the best ways to take in all of the beauty that makes the Lake Washington area such a popular warm-weather destination.



Posted on December 5, 2017 at 2:44 pm
Windermere Real Estate North | Posted in Kenmore |

4 Fun Family-Friendly Weekend Activities in Kenmore

If you live in Kenmore, we have your inside scoop on some of the best weekend activities in the area that everyone will love!

Here’s a look at 4 fun family-friendly weekend activities in Kenmore, as recommended by our locals:

SAINT EDWARD STATE PARK

When it comes to family-friendly fun in Kenmore, one of the first things that comes to mind for both Jen Bowman and Claudette Meyer is the fabulous Saint Edward State Park.

“Although we don’t get there often enough, my family and I love to explore the low forest hiking trails in Saint Edward State Park, set on the eastern shore of Lake Washington,” Claudette says. “Our more adventurous friends regularly go mountain biking on the many miles of trails in the park, with their 5 and 3-year-old in tow—there’s terrain for every skill level.” Jen simply says that there is “too much good stuff to share about Saint Edward [State Park],” proving that this spot is an absolute must for any outdoorsy group.

BREWING & BIKING

What better way to spend a weekend with the gang than with a bike ride and some grub? “192 Brewing Co. and Cairn Brewing are right along the Burke-Gilman Trail and family-friendly,” shares Jen. “Very cool outdoor spaces at 192 Brewing and Cairn Brewing has a very ‘Fremont’ vibe without having to head into Seattle!” Michele Kimes adds that 192 Brewing has “great outdoor seating in the summer [and a] wood stove inside for the winter. Great food and beer. Board games, pool table, kids are welcome and so is your pooch! Right on the Burke-Gilman trail…Cairn Brewery and Nine Yards [are] great places [too] but 192 is the best.”

“I’m also a big fan of 192 Brewing,” says Brian Hayter. “Take a bike ride on the Burke-Gilman and stop in on Sunday afternoons for live music in the outdoor beer garden!” If you’re looking to relax after a day along the trail, these are your go-to spots.

BOWLING

A popular pastime for families everywhere, Claudette suggests spending a weekend with some bowling at Kenmore Lanes. “It’s one of only a few bowling alleys still remaining in all of north King County,” she shares. With good food and cheap prices, it’s an affordable way to get everyone out of the house and having fun (with a little healthy competition thrown in!).  

OUT & ABOUT TOWN (SHOPPING & RESTAURANTS)

For a simple weekend of shopping and food, don’t miss out on these top picks by Jen and Claudette. “I was introduced to Acapulco Fresh Mexican Grill by friends that lived just up the hill from this unassuming strip mall restaurant,” Claudette shares. “It is their regular go-to for take-out. The meals are fast, fresh, and authentic. Everyone raves about the salsa bar.” If you just need a quick pick-me-up, try Jen’s favorite, Espresso Works. “…Love Espresso Works for quick, independently owned drive-thru, family-friendly coffee along Bothell Way,” she says. “Daily drink specials and espresso bean on top of your cup! Love this coffee stand!”

If you’re looking for a gift, check out Ostroms Drug and Gift. “Ostroms Drug and Gift off Bothell Way has a really awesome gift shop…the perfect little gift is here,” says Jen. Whatever occasion you may need a present for, you are sure to find something fun, eclectic, and fitting. Finally, need something for a child, but don’t want to settle on something from a chain store? Then stop by Snapdoodle Toys. “Snapdoodle Toys is an independent, family-owned, specialty toy store located in the historic Schnitzelbank building along Bothell Way,” Claudette says. “We stop in for the specialty and innovative toys that one can’t find in chain stores.” Show you really care and support your community with a visit to these local spots today.  



Posted on December 5, 2017 at 2:40 pm
Windermere Real Estate North | Posted in Kenmore |

11 *Stunning* Photos That Show Off Lake Forest Park’s Natural Beauty

Treasured in part for its stunning natural beauty, Lake Forest Park is nestled right along the shores of Lake Washington. Home to parks, trails, and of course the shimmering lake, gorgeous natural scenes are aplenty in this lovely community!

Below, we wanted to show off some of our favorite photos of this special neighborhood from Instagram:


1. Beautiful view of Lake Washington from Lake Forest Park:

2. Lake Forest Park is extra photogenic in the summertime!

A post shared by Kristin (@batesycat) on

3. Autumn perfection at Animal Acres Park:

A post shared by erin hovland (@erinpillar) on

4. Horizon View Park is one of this community’s many idyllic parks. Click here for our guide to outdoor activities in Lake Forest Park!

A post shared by Julie (@jchant26) on

5. Another scenic spot at Horizon View Park:

A post shared by Cari Culver (@cariculver) on

5. One of the many water sports you can take advantage of on Lake Washington:

6. A snapshot of lakeside living in Lake Forest Park:

A post shared by Lisa Port (@banyontree) on

7. One of the many stunning views:

A post shared by Leocádia Valoi (@leocadeea) on

8. Heading out for a day on the water? Get your cameras ready!

9. Perfect picnic scenery:

A post shared by eddie De La Fuente (@eddobbe) on

10. A gorgeous sunrise over Lake Washington is truly a lovely way to start the day:

A post shared by James (@jintarino1) on

11. The mountain is out!

A post shared by Ali (@samadpour) on



Posted on October 31, 2017 at 2:07 pm
Windermere Real Estate North | Posted in Lake Forest Park |

Lake Forest Park: A Guide to the Best Parks & Outdoor Activities

If you’re an outdoor lover, you’re bound to love the opportunities that await in Lake Forest Park! Located right along Lake Washington, “the hilly topography …translates into many homes enjoying [views of the] Cascade Mountains, or verdant territorial views, and some with Lake Washington views, too,” shares Claudette Meyer. From catching these stunning views to enjoying some local amenities, you’re sure to find something to suit your every mood, whether you want to go out for a day of adventure or simply relax with a pretty view. 

Here is our guide to the best parks & outdoor activities in Lake Forest Park:


PARKS ALONG LAKE WASHINGTON

*NOTE: All parks are open from dawn-dusk daily.*

Grace Cole Nature Park

  • Located at 30th Ave. N.E. Lake Forest Park, WA 98155

For a peek at the wildlife that makes up Lake Forest Park, check out the Grace Cole Nature Park. A wetland teeming with native plants, birds, and amphibians, it is a crucial habitat and a valuable resource for nature lovers.


Pfingst Animal Acres Park

  • Located at 17435 Brookside Blvd. N.E. Lake Forest Park, WA 98155

Another great spot to catch nature in action is at the Pfingst Animal Acres Park. If you stop by the edge of the park, you’ll have a perfect view of the salmon as they swim through McAleer Creek. With unique amenities like a metal dogwood flower drinking fountain, this is the perfect place to relax and enjoy the outdoors.

 


Horizon View Park

  • Located at 19845-20099 47th Ave. N.E. Lake Forest Park, WA 98155

Affectionately nicknamed “Choo-Choo Park,” Horizon View Park is your all-purpose space. Enjoy a picnic, hike through the wooded areas, or join your kid for a ride on the play train. 


Lyon Creek Waterfront Preserve

  • Located at 17337 Beach Dr. N.E. Poulsbo, WA 98370

For a moment of quiet contemplation, nothing beats looking out at the waters at the Lyon Creek Waterfront Preserve. Containing 100 feet of Lake Washington shoreline and 250 feet of Lyon Creek, it’s one of the most peaceful parks around.


Eagle Scout Park

  • Located at 3715 N.E. 180th St. Lake Forest Park, WA 98155

Owned by the Lake Forest Park Civic Club, Eagle Scout Park is perfect for those who are looking for a good workout. Take a break from running and stretch your muscles on their exercise bars while you let the little ones run wild on the play toy!


Blue Heron Park

  • Located at 17043 Brookside Blvd. N.E. Lake Forest Park, WA 98155

A hidden gem at a busy intersection, Blue Heron Park is filled with lush native landscaping and primitive pathways lined with lovely plants. Stop by to view the salmon and look out for herons; you may see them fishing for lunch!


Whispering Willow Park

  • Located at 17038 44th Ave. N.E. Lake Forest Park, WA 98155

Acquired in 2011, Whispering Willow Park is in the perfect location to help restore the water quality and habitat of Lyon Creek. Located right next to Lake Forest Park’s Town Center, this park is a diamond in the rough that cannot be missed.


BEACH CLUBS

Lake Forest Park Civic Club

  • Located at 17301 Beach Dr. N.E. Lake Forest Park, WA  98155

With gorgeous scenic views and events the whole family will love, the Lake Forest Civic Club is definitely worth checking out. “The Civic Club is well known with plenty of surrounding homes being deeded in,” says Casey Bui. If you’re interested in all the Civic Club has to offer, submit a membership application today.

Sheridan Beach Community Club

  • Located at 16500 Shore Dr. N.E. Lake Forest Park, WA 98155

With a swim team, water polo, and other aquatic programs, the Sheridan Beach Club is perfect for those who love the water and want to be more involved. “[The] lesser known…Sheridan Beach Club…provides excellent amenities, shore access, a pool and most importantly, a heightened sense of community,” says Casey. “If you’re looking for it all in LFP, the Beach Club is where you should start.”


THE BEST WAYS TO GET AROUND

Burke-Gilman Trail

When it comes to commuting through Lake Forest Park to surrounding communities, the preferred method of travel may not be what you’d expect. “Lake Forest Park residents predominantly rely on car & bus for their commutes to Seattle or the Eastside,” Claudette shares. “However, with convenient access to a 2-mile stretch of the Burke-Gilman Trail that passes through the city, there is a robust population of residents that commute into Seattle by bicycle, and particularly work centers such as the University of Washington & Children’s Hospital.”

If you’re looking to cut down on gas costs, help the planet, and enjoy some great views on your way to work, grab your bike and start pedaling!

McKinnon Creek Trail

If you’re in the mood for getting around on foot, the McKinnon Creek Trail is going to be the best spot to check out. A 0.5 mile forested trail located about half a mile northwest of City Hall, it’s perfect for everything from a short jog to a slow-and-steady hike.   

For more tips on how you can enjoy the outdoors in Lake Forest Park, click here.



Posted on October 31, 2017 at 12:00 pm
Windermere Real Estate North | Posted in Lake Forest Park |

Your Guide to the Town Center at Lake Forest Park

More than just a mall, the Town Center at Lake Forest Park is where the community comes together to share and indulge in all of the fun and convenience the area has to offer. From food to shopping and other services, this is your one-stop spot!

Here is your go-to guide to the Town Center at Lake Forest Park:

FOOD

If you’re looking to satisfy your hunger, the diverse food options at the Town Center will do the trick. Make a caffeine run to Starbucks and enjoy the scenery: “The neighborhood ducks are a fun attraction when they visit,” says Bernice Whitney. You can also stop by the Third Place Books food court and check out Claudette Meyer’s recommended spot, the Honey Bear Bakery: “[I often] meet a friend or client for lunch at the Honey Bear Bakery, which serves up wholesome, delicious sandwiches (my favorite is the BLTA) and delectable large slices of cake,” she shares. “Honey Bear is one of three restaurants in the comfortable Third Place Commons located within the book store,” so no matter what you’re craving, you are guaranteed to find something you love. For a complete list of the restaurants in the Town Center, click here.

SHOPPING

With the holidays around the corner, the Town Center is your go-to for finding that perfect gift. “Mud Bay in [the] Lake Forest [Park] Town Center has my attention these days,” Bernice shares. “It is a great place to bring your pet while shopping for that something special or that top of the line food product. The customer service is so helpful and friendly.” She adds that “[Town Center] Hardware is another really fun place. “They have pretty much something of everything.”

Claudette loves “stopping in at Third Place Books… where you can study, eat, read, play (there’s a small play area for toddlers), or just watch people come and go. A truly wonderful community gathering space!” A final shoutout goes to the Avid Angler, the premier shop for your fly fishing needs. Wherever your interests lie, you’re bound to find something that catches your attention! 

SERVICES

The Town Center offers more than just food and shopping—there are also great services you can take advantage of. Pamper yourself with an appointment at A Better Day Salon, where you can get a haircut, facial, massage, and more. Plan your next vacation at the Expedia Cruise Ships Center, or bring your laundry to the Forest Park Cleaners. There are also medical and financial services available, so whatever you may need is at your fingertips!

For updates on sales, discounts, and events, check out the Town Center at Lake Forest Park Facebook page.



Posted on October 31, 2017 at 11:13 am
Windermere Real Estate North | Posted in Lake Forest Park |

4 Tips for Meeting Your Neighbors & Connecting with the Community in Lake Forest Park

If you’re new to Lake Forest Park or are just looking to try something new, Lake Forest Park offers some wonderful ways to connect with others in the community. From the bustling Commons to private clubs, an opportunity waits around every corner! 

Here are 4 tips for meeting your neighbors and connecting with the community in Lake Forest Park:


Third Place Commons

  • Located at 17171 Bothell Way N.E. Lake Forest Park, WA 98155
  • Hours: 7:00am-9:00pm Monday-Thursday; 7:00am-10:00pm Friday-Saturday; 7:00am-8:00pm Sunday

If you want to get involved but don’t know where to begin, check out the Third Place Commons. “Third Place Commons…[is] where you can study, eat, read, play (there’s a small play area for toddlers), or just watch people come and go,” shares Claudette Meyer. “[It’s] a truly wonderful community gathering space!”

Every Sunday (Mother’s Day-mid-October) from 10:00am-3:00pm, they host their Farmers Market, with local vendors selling some of the best food, flowers, and plants around. It’s the perfect way to get acquainted with the talent that makes this city thrive.

If you’re looking for more involvement, the LFP Garden Club meets in the Commons on the 2nd Tuesday of each month from September-May. With knowledgeable speakers from all walks of gardening life, this club is a great way to snag some tips while meeting your friends and neighbors.  


Lake Forest Park Civic Club

  • Located at 17301 Beach Dr. N.E. Lake Forest Park, WA 98155

Providing a family-friendly environment for members and guests, the Lake Forest Park Civic Club is a private waterfront oasis where you can enjoy scenic views and connect with the community as you wish. “The Civic Club is well known with plenty of surrounding homes being deeded in,” says Casey Bui. If you want to experience this club for yourself, submit your membership application today.


Sheridan Beach Community Club

  • Located at 16500 Shore Dr. N.E. Lake Forest Park, WA 98155

For a little bit of everything, check out the Sheridan Beach Community Club. “ [The] lesser known…Sheridan Beach Club…provides excellent amenities, shore access, a pool and most importantly, a heightened sense of community,” Casey shares. With swimming lessons, a swim team, and so much more, “if you’re looking for it all in LFP, the Beach Club is where you should start.”


Recreation Partnership with the City of Shoreline

Offering extensive recreation options, the partnership between Lake Forest Park and the city of Shoreline gives Lake Forest Park residents discounted access to all-ages classes, workshops, camps, memberships, and enrichment programs. LFP residents receive an 8% discount on program fees and early registration before other non-Shoreline residents. You can get the whole family involved!

Other partnerships: Other partnerships with Lake Forest Park include: Shoreline-Lake Forest Park Arts Council, the Shoreline Lake Forest Park Senior Center, and Hang Time.



Posted on October 31, 2017 at 10:58 am
Windermere Real Estate North | Posted in Lake Forest Park |

The 5 Best Things About Living in South Everett

What’s so great about living in South Everett? There are several reasons why people choose to call South Everett “home,” and we asked locals what they love about the area so much. Here’s what they shared:


1. Quick access to Boeing and Paine Field.

As local Heather Potts points out, South Everett’s easy access to Boeing is definitely a perk of living in the area! This location will only become more desirable when Alaska Airlines starts running commercial flights from Paine Field in fall of 2018. For those in the area who have to head to SeaTac often, this will be a *huge* timesaver.

2. Several great transit options.

In addition to upcoming commercial flights, South Everett already has several excellent transportation options whether or not you have a car. With access to several freeways (including Interstate-5), local and regional bus routes, the Sounder Train (find stations in nearby Mukilteo and of course in Everett), and the light rail expansion, getting around the area just keeps getting easier. Having options like the train and light trail (in the future!) make it so you don’t even have to deal with car traffic, a definite bonus as our highways become more and more congested. (Be sure to take advantage of these South Everett commuting tips!)

3. Nice neighborhoods with affordability.

According to local Brian Hayter, South Everett is a top choice for many people due to its “nice neighborhoods and affordability.” As Zillow reports, the median home price in Everett is $337,700 (August 2017). With prices steadily increasing, it’s significantly more affordable than nearby cities like Seattle (with a median home price of $690,200 for August 2017).

4. Unique outdoor opportunities.

Many people don’t know all that South Everett has to offer, and this includes some unique outdoor activities! Local Jen Bowman especially loves McCollum Pioneer Park: “McCollum Park is a fabulous Park and Ride but there are other unique amenities including an outdoor seasonal pool, BMX park, and walking trails linking to Mill Creek Town Center. For even more tips on what to do outdoors, don’t miss our Outdoor Lover’s Guide to South Everett!

5.  There’s tons of great shopping!

…And we really mean *tons*. Costco and T.J. Maxx are Heather Potts’ favorite places to stop by, but no matter what you’re looking for, you’ll probably be able to find it in South Everett. The Everett Mall is packed with shopping, dining, services, and entertaining, and here you’ll find Regal Cinemas, LA Fitness, Bed Bath & Beyond, PetSmart, Best Buy, Sears, and so much more. Nearby you’ll also find Walmart, Target, WinCo, not to mention several sit-down restaurants and fast food options!



Posted on September 29, 2017 at 5:03 pm
Windermere Real Estate North | Posted in South Everett |