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Federal Way, WA

2011 Market Report Condos for Federal Way, Washington

The Phil Leng Team, Bank Owned  Property Experts 206-409-6600: Real Estate Agent in Kirkland, WA

2011 Market Report Condos for Federal Way, Washington

2011 Market Report Condos for Federal Way, Washington

Real estate was on a lot of peoples minds this last year. Now that the year is over we can report activity, averages and trends in this 2011 Market Report Condos for Federal Way, Washington.

Federal Way condo activity was brisk and picking up based on the available information and the experience of the Phil Leng Team. We sold 68 homes this past year, with an average market time of 49 days!

However the overall statistics for Federal Way are sobering. Look at this graph. The red bar is the number of houses for sale in any given month. The Green bar is the number of houses sold in any given month. Which of these two categories would you want to be in? The red category, or the green category? If you use The Phil Leng Team to sell your property this year, we will help you get into the sold category. Let's go Green!
2011 Market Report Condos for Federal Way, Washington

The trend of median sold prices in Federal Way is inconsistent from this next graph. The February spike seems to have influenced the overall data. The median price in this 2011 Market Report for Federal Way, Washington appears to have gone down 32%.
2011 Market Report Condos for Federal Way, Washington

Perhaps the good news in Federal Way is that the number of new properties going for sale every month has been steady over the last year. It looks like the trend of new listings every month in this 2011 Market Report Condos for Federal Way, Washington is down 7%.
2011 Market Report Condos for Federal Way, Washington

The average Days on Market in Federal Way appears to be decreasing significantly. The graph shows a 21% drop in days on the market.
2011 Market Report Condos for Federal Way, Washington

If you are a serious seller and need to sell, the next graph is good news. The Months supply of inventory in Federal Way Washington has gone down. The graph shows 81% over the year, however it will not actually be by that much once the properties come on the market this spring. But I believe this is a real trend from this 2011 Market Report Condos for Federal Way, Washington.
2011 Market Report Condos for Federal Way, Washington


Conclusion: If you are a serious seller and need to sell this next year in Federal Way, hire the Phil Leng Team. We have the experience and the track record to help you reach your real estate goals this year.

All data for this 2011 Market Report Condos for Federal Way, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.


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2011 Market Report for Federal Way, Washington

The Phil Leng Team, Bank Owned  Property Experts 206-409-6600: Real Estate Agent in Kirkland, WA
2011 Market Report for Federal Way, Washington

2011 Market Report for Federal Way, Washington

Federal Way real estate was the topic of a lot of conversations this last year. Now that the year is over we can report activity, averages and trends in this 2011 Market Report for Federal Way, Washington.

I would characterize Federal Way real estate activity as brisk and picking up based on the experience of the Phil Leng Team. We sold 68 homes this past year, with an average market time of 49 days!

However the overall statistics for Federal Way are sobering. Look at this graph. The red bar is the number of houses for sale in any given month. The Green bar is the number of houses sold in any given month. Which of these two categories would you want to be in? The red category, or the green category? If you use The Phil Leng Team to sell your property this year, we will help you get into the sold category!
2011 Market Report for Federal Way, Washington


The trend of median sold prices in Federal Way is lower from this next graph. The median price in this 2011 Market Report for Federal Way, Washington has gone down 22% through 2011.

2011 Market Report for Federal Way, Washington

Perhaps the good news in Federal Way is that the number of new properties going for sale every month has been dropping as well over the last year. It looks like the trend of new listings every month in this 2011 Market Report for Federal Way, Washington is down 7%. If you like your house, and do not need to sell it in the next 5-10 years, why put it up for sale? It is just an aggravation.
2011 Market Report for Federal Way, Washington

The average Days on Market in Federal Way appears to have been going down also. The graph shows a 10% drop in days on the market from Dec to Dec. I believe that correlates with the other graphs I have presented. Perhaps folks who have tried to sell for prices the market would not bear have decided to stop trying, and the people who are selling now are the serious sellers.
2011 Market Report for Federal Way, Washington


If you are a serious seller and need to sell, the next graph is good news. The Months supply of inventory in Federal Way Washington has gone down. The graph shows 69% over the year. The trend may change once the properties come on the market this spring. But I believe this is a real trend from this 2011 Market Report for Federal Way, Washington as those who do not really need to sell simply defer their plans until a later time.
2011 Market Report for Federal Way, Washington


My pitch? If you are a serious seller and need to sell this next year in Federal Way, hire the Phil Leng Team. We have the experience and the track record to help you reach your real estate goals this year.

All data for this 2011 Market Report for Federal Way, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.



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Bold Tacoma Oct 6 to December 7, 2011

The Phil Leng Team, Bank Owned  Property Experts 206-409-6600: Real Estate Agent in Kirkland, WA
Bold Tacoma Oct 6 to December 7, 2011

Bold Tacoma Oct 6 to December 7, 2011Bold Tacoma Oct 6 to December 8, 2011
The Keller Williams training system called BOLD was held in Federal Way this Fall. Five of my team and eight from our Keller Williams Kirkland office attended.


The power of the training is that there is high level instruction. But there is also daily work to do, and accountability both as part of a team of ten, and as part of Bold, to do the things you are supposed to do to achieve the results you want.

Here are two of our teams achievement awards. Enjoy the video of the closing day.

Window Replacement Federal Way

10-18-11
John
John  : Builder-Contractor in Seattle, WA

Window Replacement Federal Way can be one of your home's most attractive features. Window Replacement Federal Way can provide you with convenient ventilation, ease of use, superior natural light, and cleaning convenience not found in older windows. If you have an older home, or inefficient windows you could be throwing up 30% of your heating and cooling dollars out the window, literally. On average, with Window Replacement Federal Way, the owner could expect to recoup approximately 69% upon the sale of the home when replacing their older windows with Window Replacement Federal Way from Green City Window and Door.

Green City Window and Door http://Greencitywindow.com :

We are a General Contractor with over 45 years of experience in the building trades specializing in replacing residential windows and doors. We offer the best quality, most economical and energy efficient custom replacement windows on the market. With full service to the Western Washington area, our products are professionally install, on-time and on budget from initial inspection to final project completion. Green City Window and Door is committed to providing you and other countless satisfied homeowners with the quality and value that you deserve!

We are A+ RATED accredited members of the Better Business Bureau and Master Builders Association. Rest assured your job is managed and installed by our own project managers and journeyman craftsmen. We are confident that we offer the best value for your window replacement dollar.

We as well as most other companies in this industry are selling great quality products with household names you can trust. One of the biggest differences between Green City Window and Door and our competitors is in how we market ourselves to our customers. Rather than spending tens of thousands of dollars to be seen and heard, our sales come mostly from the internet, word of mouth from customers and contractors. Our overhead costs are therefore much lower and so our prices are too. We encourage you to shop all you want because it will help you to see the secured value in the products we offer and unbeatable prices.

Today there are so many manufacturers of Window Replacement; it can be difficult to choose a quality product. Of course every Window Replacement or window salesperson claims to have the best product. There are several design elements and options to look for when choosing your Window Replacement Federal Way professional. Some of the elements of Window Replacement Federal Way are listed below:

  • IG Units - is the number of panes of insulated glass - Window Replacement Federal Way
  • Low-E - is "low emittance" coatings, which minimize thermal radiation (damaging rays) - Window Replacement Federal Way
  • Low Conductive Gas Filled - Argon or Krypton - Window Replacement Federal Way
  • U-Factor- heat loss rating - Window Replacement Federal Way
  • SHGC Factor - amount of solar radiation (heat) admitted through a window - Window Replacement Federal Way
  • VT - Visible Light Transmission - Window Replacement Federal Way

The following information will take some of the "mystery" out of window terms. Window Replacement Federal Way

IG Units- What is "IG" unit? Window Replacement Federal Way

Today, quality windows are built around what's called an insulated glass (IG) unit. An insulated glass unit starts out as two or three individual panes of glass that are chemically bonded by a sealant to spacer bars. When comparing vinyl replacement windows, always ask about the IG unit. Because not all windows or glass are alike, you should require the highest quality and performance standards. Window Replacement Federal Way

Low-E - is it for me? Window Replacement Federal Way

Low-emittance (Low-E) coatings are thin, metal or metallic oxide layers deposited on a window surface primarily to reduce the U-factor by suppressing the heat flow through the glazed window unit. Coating the inner glass surface with a low-emittance material between the glass layers, blocks a significant amount of this radiant heat transfer, which lowers the heat flow through the window. Low-E coatings are transparent to visible light. Different types of Low-E coatings have been designed to allow for high solar gain, moderate solar gain, or low solar gain. We usually recommend Low-E for any regions in your home that receive a lot of direct sunlight. One thing to remember is the windows have a slightly tinted appearance. Window Replacement Federal Way

Low Conductive Gas Filled Units Window Replacement Federal Way

An improvement that has been made to the insulating performance by the use of argon or krypton gas between the panes of glass. Normally, the space is filled with air or dry nitrogen prior to sealing the window panes together. In a sealed glass insulated window unit, air currents between the two panes of glazing carry heat to the top of the unit and settle into cold pools at the bottom. Filling the space with a less conductive gas minimizes this and the overall transfer of heat between the inside and outside is reduced. Window Replacement Federal Way

Argon is inexpensive, nontoxic, non-reactive, clear, and odorless. The optimal spacing for an argon- filled unit is the same as for air, about 1/2 -1 inch. Window Replacement Federal Way

Krypton has better thermal performance, but is more expensive to produce. Krypton is particularly useful when the space between glazings must be thinner than normally desired, for example, 1/4-inch. A mixture of krypton and argon gases is also used as a compromise between thermal performance and cost. Window Replacement Federal Way

The use of conductive gas filled units has significant insulating benefits but comes at higher initial cost. Window Replacement Federal Way

U-Factor - What exactly is it? Window Replacement Federal Way

The rate of heat loss is indicated in terms of the U-factor (U-value) of a window assembly. The lower the U-value, the greater a window's resistance to heat flow and the better its insulating value. Winter nighttime U-values are calculated using an outdoor air temperature of 0 degrees F and outdoor air velocity of 15 mph, indoor air temperature of 70 degrees F, and air velocity of 0 mph. This is similar to the R-value that you think of when choosing insulation except a low U-factor is better, unlike R- value which the larger the number the better. Window Replacement Federal Way

It is calculated as 1 divided by the R-value = U-factor. If you used this calculation R-13 insulation would have a U-factor of 0.077. Window Replacement Federal Way

To convert U-factor to R-value you take 1 divide by the U-factor. If you used this calculation for the average aluminum framed window with a U-factor of 1.125, your R-value would be 0.89 Window Replacement Federal Way

Good replacement windows depending upon the glazing options and low conductive gas fills range between 0.5 and .1 for the U-factor. Window Replacement Federal Way

SHGC Factor - What is it? Window Replacement Federal Way

Solar Heat Gain indicates the total amount of solar energy that passes through glass relative to a 1/8" (3mm) thick clear glass under the same design conditions. It includes both solar energy transmitted directly plus any absorbed solar energy subsequently re-radiated into the room. Lower values indicate better performance in reducing summer heat gain and, in turn, air conditioning loads. Your average single paned wood framed window has a SHGC of 0.98 whereas a quality replacement window will have ratings from 0.91 - 0.39 depending upon glazing options. Window Replacement Federal Way

VT- Visible Light Transmission Window Replacement Federal Way

The visible transmittance (VT) is an optical property that indicates the amount of visible light transmitted. The VT is a whole window rating and includes the impact of the frame which does not transmit any visible light. While VT theoretically varies between 0 and 1, most values are between 0.3 and 0.8. The higher the VT, the more light is transmitted. A high VT is desirable to maximize daylight. Window Replacement Federal Way

I hope this article helped demystify the terms used when you are contemplating your new vinyl replacement window purchase. Purchasing a quality window is only a part of the equation. The installation is the largest factor of how your windows will perform. Take great care installing and insulating around your existing openings and windows to assure you receive the maximum performance possible from your new windows. Window Replacement Federal Way

For Window Replacement Federal Way call us at

425-200-9191, 800-309-5007, or info@greencitywindow.com

Congratulations Melanie & Eric!

Gabrielle Nemes, SFR, SRS, GRI Auburn, WA: Real Estate Agent in Auburn, WA

First time homebuyers Melanie and Eric are thrilled with their new house! Congratulations to you both; may you have many many years of happiness here. Now crack open that champagne and celebrate!

Thank you for allowing me to be of assistance in your home search and purchase. I was truly honored!

And to two of my favorite team members:

  • Marilyn Brown at First American Title & Escrow -- Thank you for coming through at the last minute. This turned into a last minute affair, didn't it?
  • Dave Jagosh -- Nobody does inspections as well as you do them!