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Gary McNinch Realtor Renton WA Real Estate

Seattle is in the Top 10 Cities for Job Growth in 2009. Not What You Were Expecting?

Top 10 Cities For Job Growth in 2009

Madison, WI is tops for 2009 job growthEmployment figures released this morning show that the economy has now shed 3.6 million jobs since December 2007, included close to half that in the last 3 months alone. The Unemployment Rate is now 7.6%. This is not great news if you are a Boeing, WAMU, Starbucks or Microsoft worker who just got laid off. And if you were in the long line at the latest job fair at Qwest field, you may or may not think this post will be helpful, but it seems like positive news compared to many other lcoations.

But jobs aren't fading in every housing market equally.

As reported by Ajilon Professional Staffing, there are still areas around the country in which unemployment rates are low and job outlooks are strong.

Led by Madison, WI, Ajilon calls them "10 Cities For Job Growth in 2009" and they are:

  1. Madison, WI
  2. Washington, D.C.
  3. Boston, MA
  4. Richmond, VA
  5. Milwaukee, WI
  6. Pittsburgh, PA
  7. Baltimore, MD
  8. Seattle, WA
  9. Houston, TX
  10. Dallas, TX

There's no common denominator uniting the list -- cities are buffered by industries as varied as healthcare, energy, and technology. However, it's worth noting that -- in each of these 10 towns -- housing markets seem to be performing above-average versus the rest of the nation.

Clearly, there's a link between jobs and housing. So our economy is clearly not as great as it has been, but we are fortunate that it is no where near as bad as some other places in our country. To talk about the housing market in Renton or view community and school reports, call the Gary McNinch Team Realtor Keller Williams Renton.

(Image courtesy: Forbes.com)

Renton Market Update Feb 2009 -- Sign Up for Live Market Snapshot

The Renton housing market is defined by the NWMLS in 3 areas, naturally split geographically. 340 area is Downtown Renton, Fairwood, Cascade and Talbot Hill. 350 area is Renton Highlands, Kennydale and east to Issaquah. 360 Area is Skyway, Lakeridge and Bryn Mawr.

Inventory is declining in our market which will help stabilize our prices. Less new construction homes are being permitted and built. Some owners are taking homes off the market rather than sell as evidenced by the fact that last summer in one area there were 61 townhomes for sale and today in the same area there is 34 townhomes for sale.

Buyer activity is increasing slightly due to the great interest rates and availability of homes. Purchases are often first time home buyers or investors. Prices are often set by the preforeclosure or bank owned (REO) properties that are for sale in a neighborhood.

Stats -

340 NWMLS Area -- Downtown Renton, Fairwood, Talbot Hill

350 NWMLS Area -- Renton Highlands

360 NWMLS Area -- Skyway


Active Listings -- currently on the market (1005 Total)

  • 340 - 383
  • 350 - 457
  • 360 - 160

Pending Listings - currently subject to inspection or pending closing (298 Total)

  • 340 - 75
  • 350 - 98
  • 360 - 38

Expired or Cancelled Listings ( past 6 months) - did not sell, may have been relisted, most commonly at a lower price or owner decided not to sell (589 Total)

  • 340 - 223
  • 350 - 225
  • 360 - 111

Sold Listings --- Past 6 months --

  • 340 - 242
  • 350 - 246
  • 360 - 85

Interestingly enough, the highest priced and lowest priced homes are both in Skyway. Highest priced listing is in Skyway on Lake Washington just north of the Renton Airport, a large compound with 3 homes, waterfront and huge boat launch priced at $2,700,000.

Lowest priced listing is also in Skyway in Skyway Park. 790 square foot, 2 bedroom one bath, bank owned property priced at $129,000.

For a closer look at your neighborhood you can sign up for our Market Snapshot which connects directly to the MLS on a live basis. It will send you reports on homes for sale, sold properties, you can see price trends, days on market, plus it has a schools and community information section. Free and current in the MLS from the Gary McNinch Team Renton Real Estate.

Keller Williams Realty Bucks National Business Trends During the Toughest Real Estate Market on Record

AUSTIN, TEXAS (January 27, 2009) — Bailout. Credit crunch. Foreclosure. Despite these words permeating the headlines and airwaves, there are companies out there moving forward – even in real estate. Keller Williams® Realty Inc., the fourth largest real estate company in North America, announced today that it outpaced the market in 2008, while remaining free of debt, and gave back more than $30 million in profits to its agents. (Call me if you would like an explanation of the KW Profit Sharing and Retirement Plan... you don't get that anywhere else.)

Our strategy is no secret. We faithfully follow the sound financial model of leading with revenue – the same model our market centers follow,” said Mark Willis, CEO of Keller Williams Realty Inc. “As we watch companies throughout the country take on billions of dollars of debt, we are proud to say that our company has not one dollar of financing debt and we remain strong and financially sound. It is our joy to be able to give back to our agents during these times.”

Despite pervasive downward trends in the real estate industry, Keller Williams Realty continues to outperform the industry. For the first 11 months of 2008, existing home sales for the United States fell 17 percent when compared to the same period the year before. By comparison, Keller Williams Realty is poised to outdo those numbers by 10 percentage points, and in addition, the company experienced a much smaller contraction in its agent base compared to the National Association of REALTORS®, who saw a 10 percent decline in membership.

“Keller Williams was founded 25 years ago during one of the toughest markets on record – when interest rates were higher than 18 percent. We continue to urge our agents to zero in on lead generation and reducing expenses so they can thrive during this market,” said Mary Tennant, president and COO of Keller Williams Realty Inc. “We admire our agents’ spirit, tenacity, and dedication to their businesses. They just keep powering forward.”

Throughout 2008 Keller Williams Realty launched new products and services specifically to boost its agents’ businesses, including two new books: Your First Home: The Proven Path to Home Ownership for first-time home buyers, and SHIFT: How Top Real Estate Agents Tackle Tough Times. For a free copy of this great book, click the link and fill out the form, I'll be glad to get one for you. Both books are written by Gary Keller, co-founder and chairman of the board of Keller Williams Realty, who also authored national best sellers The Millionaire Real Estate Agent and The Millionaire Real Estate Investor.

Additionally, Keller, co-author Dave Jenks and trainer and coach Tony DiCello hit the road to teach the 12 tactics laid out in SHIFT, drawing more than 20,000 attendees in 29 cities. The company also continued to provide agents support through Operation Heart to Heart 2, a training initiative designed to help agents and market centers deal with today’s market.

About Keller Williams Realty Inc.:

Founded in 1983, Keller Williams Realty Inc. is the fourth-largest real estate franchise operation in North America, with more than 690 offices and 70,000 associates in the United States and Canada. The company, which began franchising in 1990, has an agent-centric culture that emphasizes access to leading-edge education and promotes an economic model that rewards associates as stakeholders and partners. For more information, visit Keller Williams Realty online at (www.kw.com).

There are several reasons that the Gary McNinch Team Renton WA Realtor Keller Williams Southeast Sound Renton has satisfied customers who give our name and phone to their families and friends. Good service, ethical business practices, attention to detail and being a partner with a great international real estate company like Keller Williams are what drives us. Give us a call, stop in or send an email.

I Got a STAR on AR, and Didn't Write A Word???

Actually, the STAR started in December, but it has taken me this long to figure out how to say thanks. So one day I was talking on the phone with my friend Elizabeth Nieves, about the cancer affecting our families. Although, it is not a secret in my Keller Williams office in Renton, or community in Ashburn or at Renton Christian Center, I don’t throw it out into public too much. My clients all know up front that we are in a battle and have been tremendous. Well here goes to my AR Friends and Family....

My wife, Jessie-Joy, and I have been fighting cancer for over 6 years. What started out with my obligatory husbandly checks resulted in me finding a large lump in her breast. Off to the doctor we go and we get the news, breast cancer. Holy Crap, this sucks, what do we do now. So first we pray, then we cry, then we get educated, then Jessie decides it is time to kick cancer’s rear-end. This was over 6 years ago. Chemo, lumpectomy and radiation and a year and a half later we thought we were clear. Our family was great, church was amazing and the agents in my Keller Williams office were outstanding. One issue was that the cancer had infiltrated her lymph nodes, so you know there is a chance it will float around and come up somewhere else.

Year and a half later, Jessie is at a work retreat across the State and has major seizures. As my friend Ray said, “She was fine giving a presentation, then started talking in tongues, not making sense and then fell down and had the seizures.” I am in the process of showing houses to one of the Seahawks and his fiancé and I get a call from one of Jessie’s coworkers. So the clients are handed off (dumped actually) and I head for eastern Washington at a rather high rate of speed. By the time I get there, the MRI has found TEN brain tumors. Now we know where the remaining breast cancer has landed. This is where it gets a little tougher……

We get back to our great oncologists at Virginia Mason Hospital in Seattle and come up with a plan. Thank God we are at the center of the world’s best cancer research here in Seattle. I make the doctor tell us the stats on brain cancer and after much prodding (actually I threatened him) he told us that the averages were 6 months to live and that it was considered terminal. Jessie’s reaction was “heck with that, I’m not dying, I’ve got kids and grandkids to see and we haven’t been married long enough”. Our Doctor also said that research was going so fast that the life expectancy was getting longer and longer and he had people that had made it 5 years. Great to hear that, we're shooting for that plus.

Well we called our kids and our folks and our friends at church and work (of course a bunch showed up at the hospital and took care of yours truly who was quite the basket case.) Great prayers, great support and God’s touch on my wife and we persevere. We have had two sessions of whole brain radiation, several treatments of stereotactic laser radiation (they can pinpoint and shoot lasers into your brain and do surgery from the outside in, truly amazing), multiple treatments of liquid infused chemo and now pill form chemotherapy. Plus we had major surgery and a golf ball sized tumor was removed from her left frontal lobe.

At this point in brain tumors it has been over 3 years and we are down to 3 tumors total and still fighting. Two of the tumors are inconsequential (amazing that we would come to think that way), but one tumor is in the very middle of her brain. No way to shoot lasers or do surgery, mostly this tumor is untouchable. Support Breast Cancer ResearchWe are counting on research to find a new type of chemo that will infiltrate that tumor and kill it off. As the doctor said the other day, “we are racing the research and we need all the help we can get.” God provides great science, great medicine and great doctors so we are hopeful.

Jessie has great days, good days and some ok days. She never complains, but does get frustrated, because some of the damage is in her verbal skills. At times, she can see the word she wants to say, but sometimes it doesn’t come out. The other day she was trying to tell me something was on the kitchen table and couldn’t get that, finally described it as “where we eat down there by where the chairs are at”. Her biggest fear is that she will lose more of her verbal skills and will not be able to share her faith and her testimony about God sending huge warrior angels to protect her right before surgery. Yes, she saw them, can describe them and there is no doubt that as she prayed God sent them.

So back to the AR STAR, one morning at about 7:00 am last December, I am checking facebook and make the comment that we are off to the doctor for chemo. Next thing I know there is a wonderful post on Active Rain by our friend and blogger extraordinaire asking for prayers for an active rain brother and his wife who are fighting cancer. You are NOT alone! (PLEASE take a moment to sign this ‘CARD’ for an ActiveRain brother) Well I am that Brother and Jessie is the wife.

Thank you all who wrote wonderful bits of encouragement for us and lifted us in prayer. Please read her post again. It is a great reminder that we are always touched by our friends, all their prayers and that there is tremendous strength in God. And then I ask you to say a prayer for whoever God puts on your heart. Yes the post and the song and your comments made us cry, more than once, I might add. (Kind of teary eyed again now) And Thank You for all That, tears of prayer and celebration and faith and blessing are wonderful.

It was Jessie that got me to the right church at a tough time in my life. It was through her leading me to the Lord that I received the greatest gift of forgiveness and Praise God I got saved. She is my best blessing. When I first started my real estate business, I put my favorite scripture on my website: Proverbs 3:5-6 Trust in the Lord with all your heart and lean not upon your own understanding. In every way acknowledge him and he will direct your path.

God's Promise

I didn't know how fortunate I was to have gone into business with a company whose values are "God, Family, then Business." I have a sign in my office that I found about a week after we first found the cancer six years ago that says, “Do not worry about tomorrow, God is already there.”

We continue to trust in the Lord’s blessing and healing. Neither Jessie nor I can adequately express how much we appreciate our family, friends and clients who pray for us and support us so well. We are truly loved. We firmly believe that together we all are going to kick cancer’s butt. Our strength lies in the fact that if she doesn’t live as long as she or I would like, we know exactly where she is headed. Remember lift others in prayer, have a servant’s heart and Trust. God hears and answers every prayer. And thanks Elizabeth for the love and tears.

President Barack Gets to Keep His Blackberry, Makes Good Sense to ME!

I am thrilled that in our country with "the most advanced security technology in the world", such as spy satellites or drone planes that can read our license plates and record the youtube video that is playing on your laptop while you are listening to your MP3 Player in the background, ability to track and monitor multiple streams on everyone's cell phone, that WE CAN figure out a safe way for the President to text his wife to tell her and the girls that he is going to be home late from work.

Seriously, I understand and highly believe in executive security from my many years in the State Patrol. I worked security for several Governors and worked on a few presidential visits (the security you don't see is even more amazing than the security you do see) and I truly believe that protecting the most influential person in the world is a huge job. That said, I am glad that our President can phone home, cause it keeps the wife happy and as we say at Keller Williams the values are "God, Family, then Business." Wonder if he'll follow me on twitter??? Wonder if he will blog about his day on the ride home? Well probably not.

Here is the article from RISMEDIA:

Info from your Renton Realtor Gary McNinch using technology (a Palm Treo ... not a Blackberry) to serve you better. Call, text, twit or email me when you need any help or info with your housing needs.