Market Trends and Statistics April 19, 2018

North King County Quarterly Market Trends

It is the time of year when our market starts to take off. Spring is here and we are starting to see seasonal increases in inventory. In fact, there was a 55% increase in new listings in March compared to February. That increase was followed by a 41% rise in pending sales, illustrating very strong demand for housing in your area. Last month, the average list-to-sale price ratio (the amount the sale price topped the list price) was 106%, indicating that multiple offers were the norm. We ended the quarter with 0.6 months of inventory based on pending sales. More inventory would be absorbed by happy buyers looking for more selection and would help temper price growth, which is up 14% year-over-year.

North King County real estate has a very high premium due to close-in commute times and desirable neighborhoods. In fact, the median price in March was $808,000, up 4% from the month prior! Sellers are enjoying amazing returns due to this phenomenon, and buyers are securing mortgages with minor debt service due to low interest rates. This is a very strong seller’s market, but buyers who are securing a home are already enjoying appreciation in equity.

This is only a snapshot of the trends in north King County; please contact me if you would like further explanation of how the latest trends relate to you.

Matthew Gardner Economic ReportsMonthly Newsletter January 10, 2018

Matthew Gardner’s 2018 Housing Forecast

In a nutshell, here is Matthew Gardner’s 2018 Housing Forecast. If you want to read his forecast in more detail, click here: http://bit.ly/2Cx1oSG

Lake Forest ParkNeighborhood Profiles November 16, 2017

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 W. You can also stop by the Third Place Books food court and check out Claudette M’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 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.

Lake Forest ParkNeighborhood Profiles November 16, 2017

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 M. 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. Lake Forest Park, WA 98155

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 B. 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.

Lake Forest ParkNeighborhood Profiles November 16, 2017

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 M. “[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 urrounding homes being deeded in,” says Casey B. 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.

Lake Forest ParkNeighborhood Profiles November 9, 2017

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

Lake Forest ParkNeighborhood Profiles November 2, 2017

Lake Forest Park

Welcome to Lake Forest Park!

For those who love the great outdoors without being too far from premium city amenities, Lake Forest Park  is a dream come true! Nestled along the shores of picturesque Lake Washington and north of Seattle and Bellevue, Lake Forest Park offers the opportunity to truly have it all. Whether you need to commute into the city for work or want to spend a day on the beach, it’s all wonderfully within reach.

As Jill L points out, living in Lake Forest Park is “like being in an enchanted forest.” She adds that large lots cater to gardeners, and there’s even an amazing Garden Club you can join. Claudette M shares that “Most homes are on large lots, many along streams or creeks. The many trees that are the city’s namesake provide an immense amount of privacy between neighbors.” Keep exploring our guide to Lake Forest Park to see why people love this city! 


Getting Out & About

One of the coveted perks of owning in certain Lake Forest Park neighborhoods (there are quite a few that qualify) is eligibility for membership in the Lake Forest Park Civic Club. Members play on the shores of Lake Washington, enjoying access to the private beach/swim area and boat launch.

The Civic Club is well known with plenty of surrounding homes being deeded in, but lesser known is the adjacent Sheridan Beach Club which provides excellent amenities, shore access, a pool and most importantly, a heightened sense of community. If you’re looking for it all in LFP, the Beach Club is where you should start.

Go for a run, walk or bicycle ride on the Burke-Gilman Trail, along the shore of Lake Washington.

The Lake Forest Park Farmer’s market on Sundays is awesome.


Commuting From Lake Forest Park

Lake Forest Park residents predominantly rely on car & bus for their commutes to Seattle or the Eastside. 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.


Homes in Lake Forest Park

Lake Forest Park was designed as a bedroom community for Seattle, so much of the housing consists of single family homes built between the 1950s and early 1980s. The city is very hilly, so multi-level, split-entry and one-story with basement homes that accommodate the topography are common. The hilly topography also translates into many homes enjoying Cascade Mountain or verdant territorial views, and some with Lake Washington views too.