Call Now! 206.557.6400
email phone

The Blog

Blog Category - Real Estate News

Join Us Today: Twilight Grand Opening in Wallingford from 5-7pm

Categories: American Classic News, Events, New Homes, Open House, Real Estate News, Seattle, Washington | Posted: September 7, 2018

Join us tonight for the Twilight Grand Opening of our Brand New Wallingford home from 5pm-7pm.

This stunning Wallingford home offers amazing views of Lake Union and Downtown Seattle as well as it has an impressive walkability score of 85! The well-thought-out Meridian floor plan features 4 bedrooms and 4.5 bathrooms spread over 4,625 square feet and 3 stories of spacious, luxurious living. This beautiful craftsman inspired home has stunning details such as rich millwork, stonework, 10′ ceilings on the main level, and more.

Feel free to grab some family or friends tonight and be inspired by the latest in home design, functionality, and style from American Classic Homes.

Where: 3632 Meridian Ave N, Seattle, WA 98103
When: Friday, September 7th
Time: 5:00pm – 7:00pm

We look forward to seeing you at our brand new Wallingford home tonight! . If you have any questions or would like to schedule your very own home private tour at a more convenient time for your, please give us a call at (206) 966-6429 or email Summer@AmericanClassicHomes.com.

 

Want to learn more about this move-in ready home? Click here to view the listing for this home and to get more details.

 

 

 

Mercer Island: Open House This Weekend!

Categories: American Classic News, Community Spotlight, Open House, Real Estate News, Seattle | Posted: June 15, 2018

Discover what luxurious living is all about at our brand new Mercer Island Open House Event this weekend!

When: Saturday, June 23rd & Sunday, June 24th
Time: 1:00pm – 4:00pm
Where: 3622 84th Ave SE, Mercer Island, WA 98040

We look forward to seeing you at our brand new Mercer Island Open House this weekend, feel free to grab some friends and be inspired by the latest in home design, functionality, and style. If you have any questions or would like to schedule your very own private tour before or after the weekend event, please give us a call at (206) 557-6308 or email Summer@AmericanClassicHomes.com.

View the Mercer Island Home’s listing page here to view additional home photos and floor plan details.

Driving Directions:

  • From I-90 W
  • Take exit 7 for Island Crest Way 0.2 mi
  • Turn left onto Island Crest Way 0.3 mi
  • Merge onto Island Crest Way 0.6 mi
  • Turn left onto 84th Ave SE 95 ft
  • Turn left to stay on 84th Ave SE
  • The Home can be found at 3622 84th Ave SE, Mercer Island, WA 98040

New Model Home Preview Event This Weekend!

Categories: American Classic News, Events, New Homes, Real Estate News, Renton, Sammamish Homes, Washington | Posted: March 6, 2018

American Classic Homes is thrilled to present our brand new Model Home Preview Event this weekend for all of our current communities including: Wildridge in Kirkland, Robins Ridge in Sammamish, Herrington in Sammamish, and Tanglewood in Renton. We invite you to discover what luxurious living is all about at our Model Home Preview Event This Weekend at Sagebrook in Sammamish!

When: Saturday, March 10th & Sunday, March 11th
Time: 12:00pm – 4:00pm
Where: 121 222nd Place SE, Sammamish, WA 98074

We look forward to seeing you at our brand new Model Home Preview Event this weekend! Feel free to grab some friends and be inspired by the latest in home design, functionality, and style. If you have any questions or would like to schedule your very own private tour before or after the weekend event, please give us a call at (206) 557-6400 or email Summer@AmericanClassicHomes.com.

 

 

Driving Directions:

  • From I-90 E
  • Take exit 15 (for WA-900 W/17th Ave NW)
  • Turn Left onto WA-900 E/17th Ave NW & continue straight onto 17th Ave NW
  • Continue onto NW Sammamish Rd, which becomes SE 56th St
  • Use the left 2 lanes to turn left onto E Lake Sammamish Pkwy SE
  • Keep right to continue toward SE 43rd Way, which becomes 228th Ave SE
  • Turn left onto SE 4th St (at the Metropolitan Market)
  • Turn right onto 218th AVE SE
  • Turn right onto SE 1st St
  • Sagebrook begins after 220th Ave SE
  • The model home is on lot #2 at Sagebrook

 

 

 

 

 

 

 

 

 

 

 

 

Last Chance to Tour Luxury Sammamish Model Home at Penny Lane Community

Categories: American Classic News, Community Spotlight, Kirkland, New Homes, Real Estate News, Sammamish Homes, Sammamish Washington, Washington | Posted: July 6, 2017

If you are interested in one of our currently selling or upcoming 2017 communities, such as Sagebrook, or Wildridge, then we highly recommend touring our beautiful Sammamish model home at Penny Lane while there’s still time! The Rosario model home at Penny Lane has sold, but you still have time to tour now through July 16th, 2017. You can visit the model home anytime between noon to 4pm on Sunday, July 16th or you can schedule your very own VIP private tour on a day that works best for you with our New Home Advisor, Summer. To schedule your very own tour please contact Summer via email at Summer@AmericanClassicHomes.com or give her a call at (206) 557-6348.

Penny Lane Model Home
When:
  Sunday, July 16th
Time: 12:00pm – 4:00pm
Where:  24252 Southeast 24th Street, Sammamish, WA 98075

We look forward to seeing you at our fully furnished model home at Penny Lane! If you have any questions, please give us a call at (206) 557-6348 or email Summer@AmericanClassicHomes.com.

 

Upcoming Communities: 

Robins Ridge
2322 246th Ave SE, Sammamish, WA 98075
• 6 New Exclusive Single Family Homes in Sammamish
• Award-Winning Issaquah School District: Discovery Elementary, Pine Lake Middle School, & Skyline High School
• View the full Robins Ridge community page by clicking here.

Sagebrook
121 222nd Place SE, Sammamish, WA 98074
• 15 New Single Family Homes in Sammamish
• Lake Washington School District: Smith Elementary, Inglewood Middle School, Eastlake High School
• View the full Sagebrook community page by clicking here.

Wildridge
13224 136th Ave NE, Kirkland, WA 98034
• 28 New Single Family Homes in Kirkland
• Lake Washington School District #414: Muir Elementary, Kamiakin Middle School, Juanita High School
• View the full Wildridge community page by clicking here.

 

Driving Directions to Penny Lane Model Home:
• Take I-90 E
• Take Exit 17 towards E Lake Sammamish Pkwy SE
• Take SE Issaquah-Fall City Rd and Issaquah-Pine Lake Rd SE to 244th Ave SE in Sammamish
• Turn left onto Front St N (signs for E Lk Sammamish Parkway SE)
• Turn right onto SE Issaquah-Fall City Rd
• Turn left onto Issaquah-Pine Lake Rd SE
• At the traffic circle, take the 1st exit onto SE 32nd Way
• Turn left onto 244th Ave SE
• Penny Lane is located at 24252 Southeast 24th Street, Sammamish, WA 98075

House-hunting tips for successful online home searches

Categories: Real Estate News | Posted: June 29, 2017

Nine out of ten people who search for a new home use the Web at some point. According to Google, the number of real-estate related searches appearing on this browser increased 253% in four years.

We rely on our mobile devices for all sorts of research and purchases, so why not use this power tool when tackling the hunt for the perfect home? But, like any other online research, make sure you’re using the right resources that will give you accurate and useful information. Here are some tips for successful online home searches

  1. Use a reliable real estate search site. Realtor, Zillow, and Trulia are the most common sites for browsing listings. Realtor is the most up-to-date of the three, but you probably won’t find “For Sale By Owner” listings there. The site is sponsored by the National Association of Realtors, so it feels no obligation to list properties that aren’t represented by one of its members. Zillow is useful for gauging home values (although the numbers are calculated using an algorithm, so don’t count on them as a negotiating tool). Trulia has some valuable features, like using map overlays to learn more about a neighborhood’s schools, crime statistics, and amenities.
  2. Know your priorities and deal-breakers. To avoid wasting your time with homes that just don’t meet your needs, make a list of your criteria—location, size, age, and maximum price of the home, number of bedrooms and baths, lot size, and home style (e.g., single-family, duplex, condo, townhome). Enter those into your home search, as well as any other important features, like a swimming pool, attached garage, basement, fireplace, central air, handicap accessible, hardwood floors, or water view. You can specify new construction or look only for homes within communities. Start with the “must have” list so you don’t exclude a possible winner that is only lacking a feature that you could honestly live without.
  3. Research the school system. If you have school-age children, you can easily learn about the quality of the schools in the district. Go to org to review the ratings of each school, including private, charter, and magnet schools.
  4. Check out the neighborhood. If you’re new to the area you’re searching, it’s important to learn about the neighborhoods. Sites like Neighborhood Scout show you statistics on crime, average income levels, public school test scores, and home value trends. HomeFair has a tool that lets you compare the population’s demographics, including cost of living, between two cities. Go to Google Maps to get a satellite view of the area, with locations of nearby schools, hospitals, restaurants, and other services. If you’re unsure about the weather in the new area, visit The Weather Channel’s website.
  5. Check out the social, cultural, and recreation scenes. The city or regional Chamber of Commerce is a great resource for identifying popular local attractions, historical sites, and activities. Visit Facebook pages for those areas, and also search in to see what’s happening.

Of course, there’s only one way to truly get the feel for a home, a street, a neighborhood, and a town. Go for a drive, look around, stop and talk to people—you know, the old-fashioned, “manual” method.

Mortgage rates are still low…but not forever

Categories: Real Estate News | Posted: October 1, 2015

Not long ago, homebuyers reigned in the housing market. Home prices dropped dramatically after the 2008 financial crisis, and mortgage rates fell to an all-time low. People who were ready and able to purchase a new home reaped the rewards of under-valued home prices and historically low mortgage rates.

In 2012, home prices were below the fair value of the properties, lower than they had been since 1998. Since March 2012, those prices have been creeping up. Bank of America Merrill Lynch Global Research predicts that prices will continue to climb slowly for the next few years.

While the real estate market has rebounded, we’re still seeing people who are waiting and watching. But why wait?

Mortgage rates are still extraordinarily low. A 30-year fixed rate is currently as low as 3.75%, not far from the record low of 3.31% in late November 2012. Like the housing price, these interest rates have come back, but not by much. In fact, Freddie Mac reported that current rates have risen half a point since February 2015.

That’s good news for homebuyers. You can still get a great value on a new home while leveraging the low interest rates. However, you need to act. Mortgage rates are expected to continue to rise over the next two years. Forecasts are predicting a 30-year, fixed-rate mortgage to go as high as 4.61%, almost a point higher than the current mortgage interest rate.

You might also qualify for a loan with a low or zero downpayment. Fannie Mae and Freddie Mac, the Federal Housing Administration (FHA), the Department of Veterans Affairs (VA) and the U.S. Department of Agriculture (USDA) offer mortgage products that offer great rates with little or nothing down.

Remember, predictions are just that. We can only guess what is going to happen to the housing market in the near future. But with the current home values and low mortgage interest rates, now is the time to make the move.

Montaire: A Kirkland Community of 5 Luxury Homes

Categories: Community Spotlight, Kirkland, Lifestyle, Real Estate News | Posted: September 16, 2015

Bainbridge in MontaireMontaire is a quiet, secluded community of 5 luxury home sites that feature unique walk-out basement home designs ranging from 4875-4977 square feet. These luxurious homes will vary from 5-7 bedrooms and will contain bonus and media rooms, as well as dry bars in the basement. If you’re one for entertaining outside you’ll be have plenty of room with Montaire’s over sized backyards. Or enjoy the fresh air on the large decks, which boast territorial views of Kirkland.

This desirable community is near the vibrant Kirkland area, including Juanita Beach Park, and its prime location gives easy access to Bellevue and Redmond. The community is situated near major employment centers and it is just minutes from any everyday conveniences you may need.

Montaire’s Gorgeous Luxury Home finishes include:

  • LIEBHERR 48″ Freestanding Side-by-Side Refrigerator & Freezer
  • 48″ Viking Gas Range Professional Stove
  • Kitchen Aid Architect Series Dishwasher
  • Bellemont Frameless Cabinetry with soft close doors and drawers
  • 50 Bottle Capacity Under counter Wine Cooler
  • 10′ Ceilings on the Main Level with 8′ doors
  • Slab Quartz & Slab Marble Counter tops
  • 2nd Generation Nest Thermostat
  • Extensive Millwork including Crown & Sill & Apron

The City of Kirkland Montaire map

Kirkland is located on the shores of Lake Washington and is just east of Seattle. Kirkland’s vibrant waterfront is unparalleled when it comes to waterfront parks and beaches in the Puget Sound. Kirkland is home to many companies, as well as branches of companies, including IBM, Google, Microsoft, Icom Incorporated, Kenworth, and more.

Recreation: Kirkland offers the unique opportunity to escape into nature without having to leave the city. You can take a stroll in one of the 45 parks, with Juanita Beach being the most popular beachfront park, or enjoy any number of Kirkland’s award-winning restaurants and wineries. Some other recreational activities that you can enjoy include boating on Lake Washington, cycling on one of Kirkland’s scenic bicycle lanes, bird watching at Juanita Bay Park, or going on an art walk of the city. You can find plenty of exciting activities by visiting Kirkland’s City page of events and activities.

Schools: Kirkland is served by the Lake Washington School District, and is home to Lake Washington Technical College as well as Northwest University. Montaire is served by the Highly acclaimed Lake Washington School District including: Carl Sandburg Elementary School, Finn Hill Junior High School, and Juanita High School.

Demand Report: Millennials prefer single-family homes

Categories: Lifestyle, New Home Selections, New Homes, Real Estate News | Posted: July 20, 2015

Millenials_SF

While Baby Boomers showed a preference in their early years for apartment living, their grown children are leaning toward the single-family home as their housing preference—whether renting or owning. A Fannie Mae report released July 1, 2015 showed that a rising number of people between the ages of 25 and 34 are occupying single-family homes.

In 2000, 50.9 percent of renters and 84.5 percent of homeowners in this age group lived in a single-family home. In 2013, those numbers increased to 52.4 and 88.9 percent, respectively. Not a huge leap, but the trend continues, according to the report, “Rent or Own, Young Adults Still Prefer Single-Family Homes”.

Patrick Simmons, director of strategic planning for Fannie Mae’s Economic & Strategic Group, said the upward climb is important for builders and developers. “Given the massive size of the Millennial generation, this life-cycle progression should support continued recovery in housing construction, and bodes well for a stronger rebound in the single-family sector in the second half of the decade.”

Previously, Millennials had posted smaller homeownership numbers than their preceding generations, Generation X, Baby Boomers, and the Silent Generation (Traditionalists). But the shift toward the desire for living in a single-family home—as opposed to apartment, condominium, townhome, or multi-family residence—is expected to grow as the Millennials reach their 30s, “prime years for first-time homeownership”, according to Simmons. The improved job market, low interest rates on mortgages, and lower down payment requirements are providing significant incentives to convert Millennials into homeowners.

A National Association of Homebuilders survey of the 25- to 35-year-olds showed that 75 percent want a single-family home, and almost 25 percent are looking to live in a rural area, away from the city. They also like their extras, and are willing to pay for options, like energy-efficiency, larger garages, pantries, linen closets, and walk-out basements. They’ll also find the money in their budget to pay for granite or quartz countertops and premium light fixtures.

Millennials are poised to make a major impact on the housing market in the not too distant future.

8 Reasons Why New Homes Beat Used Homes Every Time

Categories: Custom Home Building, Home Warranty, Interior Design, NAHB, New Home Selections, New Homes, Real Estate News | Posted: July 7, 2015

New homes offer more choices and better quality than "used" or older homes.

With great pricing and availability today in new home communities, why would you ever buy a used home? While a used home may sound like a great deal, there are so many more reasons to buy new.

Here are 8 great reasons to consider new verses used as you dive into the current housing market.

1) Quality Construction: Have you ever visited an older home and noticed exterior paint pealing, floors creaking, and a slight breeze through windows or doors even when they’re closed? Each year construction methods improve. With more durable, low maintenance materials and improved building codes, a new home is more airtight and needs less overall care than their older cousins.

2) Pick Your Options: When you walk into a used home you see cabinets that aren’t your first choice, floor coverings that don’t match your tastes and more. When you purchase new, you get to sit down with an array of colors, materials, and styles to choose from in order to make a house reflect your own personal taste.

3) Cleanliness: How do you feel about old toenail clippings or what a black light might uncover as you walk across 5 year-old carpets in that “bargain” foreclosure? Not to mention the things that find their way into crevices of kitchens and bathrooms…in a new home you have the unmistakable pleasure of being the first person to live in the home. It’s truly a clean slate.

4) No Surprises: Used homes may seem like a great deal until you move in and 3 months later the hot water heater blows, the roof leaks, or the dishwasher needs to be replaced. New homes come with new appliances and guarantees.

5) Warranties: A good home builder will provide security against those surprises that happen with a used home. When you buy new you receive builders’ warranties, structural warranties, and the manufacturers warranties that come with new appliances and other materials used to construct your home.

6) Community Lifestyle: New home communities are designed with community in mind. Many have the benefits of walking trails, parks, playgrounds, swimming pools and other amenities that bring the community together. Since everyone in the neighborhood is new you get to take advantage of making new friends and shaping the neighborhood and your lifestyle at the same time.

7) Energy Efficiency: With current industry standards pushing toward greater energy efficiency and smaller environmental footprints, homes are being built with everything from Low-E windows to low flow toilets to reduce consumption and keep bills down. Older homes do not have the benefit of these technologies.

8) No Updating Nightmares: Older homes often look like a good deal if you could just move that wall, put in better lighting, and gut the hot pink bathroom. What you don’t realize is a small project can get out of hand quickly when you peal back the surface. With a new home you can get involved in the process, choose your options and layouts upfront and get what you want the first time through.

These are just 8 of many reasons why new beats out used every time. Have we missed any? Let us know!

American Classic Homes Builds Multigenerational Homes

Categories: Custom Home Building, Home Design Trends, Interior Design, New Home Selections, New Homes, Real Estate News | Posted: May 6, 2015

In a previous blog, “What is a Multigenerational Home?” we discussed what a makes a home suitable for multigenerational living and what may prompt people to want to live in a multigenerational house.

The Broadway by American Classic Homes is a terrific floor plan for multi-generational living.

The Broadway by American Classic Homes is a terrific floor plan for multi-generational living.

Many of American Classic Homes’ floorplans are ideal for multigenerational living. The Broadway floor plan is a terrific example. The main level Guest Suite is adjacent to a Bath that has a fully tiled walk-in shower. The suite is also conveniently located with easy access through the garage giving it lots of privacy. This would be the perfect home for a family that had “Grandma” living with them to help take care of the children. It would also work perfectly for the family that had relatives who visit for several months at a time. Everyone has their own space and a sense of privacy.

The Meydenbauer floor plan is another great example of having convenient spaces for everyone. On the second level, there is a Jack-and-Jill Bath that is located between the second and third bedrooms. There is also a separate full Bath located beside the Bonus Room. This would give grandparents who are visiting or living with the family their own private Bath rather than having to share with the children. The upper level Bonus Room is spacious and also has a large closet, so it could also be used as a sixth Bedroom if the family needed even more space. In addition to the main floor Guest Suite, this home also has a Den, off the Entry, which has a large closet and could be used as a seventh Bedroom or a flex space with a wall-bed that can be used as a Home Office or Den most of the time but could be used as a Guest Room when there are extra family or friends visiting.

In a multi-generational home there is space for everyone and room for activities each person enjoys

In a multi-generational home there is space for everyone and room for activities each person enjoys

A popular feature of our Alki floor plan is that it offers two staircases. One grand staircase in the Foyer for greeting guests and a back staircase that makes it convenient for family members to go quickly from the Garage/Mudroom to the Bonus Room or Laundry on the second Level.

One of our newest floor plans is The Bainbridge. It will be built for the first time in Montaire, our new community in Kirkland. The Bainbridge is a three story home with many elegant spaces for entertaining. The main level has a formal dining room as well as a walk-through Butler’s Pantry. There is also a Den with closet adjacent to a Bath that could be used as a Guest Suite.

The Bainbridge floor plan is currently under construction in Kirkland. It will contain nearly 5,000 sqft of living space and six bedrooms.

The Bainbridge floor plan is currently under construction in Kirkland. It will contain nearly 5,000 sqft of living space and six bedrooms.

The lower level offers two bedrooms a full bath, a media room and a game room. There is a lot of flexibility with this space. It could be used for entertainment or could accommodate an adult child with grandchildren.