While we are seeing the market show signs of improvement and uptick in activity in Q4 2025, the biggest challenge we see in the real estate market is affordability. Prices in our area have remained stable after many years of appreciation, and interest rates, while improving, are hovering around 6.25%. This combination has monthly payments expensive, especially for first-time buyers and buyers on fixed incomes, such as retirees, seniors, or people looking to retire and fix their overhead.

In fact, the latest Profile of Homes Buyers and Sellers by the National Association of Realtor (NAR) shows that the rate of first-time buyers is at an all-time low, accounting for only 21% of all buyers. The median age for this group increased to age 40, the highest ever. This illustrates that affordability is putting pressure on this group and delaying their start to building long-term household wealth. The average net worth of a renter versus a homeowner is staggering, so this is an important obstacle to overcome for those who have the resources but find themselves on the bubble of this decision.

I have helped buyers overcome affordability challenges by applying some creative house hacking strategies. These are powerful tools, as they can empower a person to become a homeowner instead of renting, putting them on the path to building household wealth much faster. Plus, Greater Seattle Area rents are costly, so if one can find a way to pay their own mortgage instead of their landlord’s, they will start to build a nest egg of security for their own future.

A common myth we see is that buyers think they need 20% down to buy a home. That is simply not true, according to NAR, the average down payment for a first-time buyer was 10%. While a 20% down payment can eliminate mortgage insurance, there are loan programs such as FHA and some Conventional programs that only require 3-5% down. There are also down payment assistance programs that are available that result in 0% down, and VA financing can be as low as 0% as well.

Speaking of down payments, I see buyers diversify by utilizing or borrowing against stocks and/or 401K funds, and the NAR survey revealed 26% of first-time buyers used these types of funds to achieve their homeownership goals. It is also not uncommon for some fortunate buyers to receive gift funds in order to achieve homeownership, and the NAR survey showed 22% of first-time buyers were able to utilize this route. With the big picture of building household wealth in mind and the fact that everyone needs a roof over their head, having your home be a part of your investment portfolio makes sense.

House Hacking Tips for First-Time Buyers

The “Live in One, Rent the Rest” Starter Play
Shop 2–4 unit properties (duplex/triplex/fourplex). When you buy a multi-unit property and live in one unit, you get to enjoy owner-occupied financing rates. You can live in one of the units and rent the other(s) to help offset your mortgage payment. This could even allow for a lower down payment. It is important to calculate your potential monthly payment and assess rental rates in the area to figure out how having a renter(s) would help offset your monthly overhead. Also, consider if you had a vacancy, could you still make it work while you tried to fill it.

If the numbers work for your monthly cash flow, this is an excellent way to obtain homeownership. Down the road, you are building equity while someone else helps pay down your mortgage. Further, if you wanted to eventually move on to another property, you could sell this and reap the equity for a larger down payment or keep the property (at the owner-occupied financing rate) and rent all the units.

ADU Options
Seattle allows up to two ADUs per lot, and no owner-occupancy requirement (you don’t have to live there forever to keep it legal). Parking requirements are relaxed, too. Outside of Seattle these zoning requirements vary, but this is a rising trend.

You could buy a home with an existing ADU (detached cottage, basement unit, garage studio). Or buy an “ADU-ready”: daylight basement + exterior door, or garage with alley access. Start by renting a room or partial suite now, then add/finish an ADU later when cash allows.

Rent-by-the-Room to Offset Overhead
One roommate can take the edge off your payment; two roommates can be a full-on subsidy. When shopping for a home, prioritize layouts that naturally separate space (split-levels, basements, mother-in-law setups). I’ve seen some buyers already know who their roommate will be, so they can shop with confidence and also be comfortable with their living situation.

Purchase with a Trusted Partner with Similar Housing Goals.
Pooling funds for a down payment and sharing the monthly overhead is a great way to obtain homeownership with a trusted partner. This could be a close friend, family member, or domestic partner. You would ideally need to commit to at least 3-5 years of sharing the mortgage to build equity and avoid selling too early, and having a written agreement outlining the exit strategy is key. Based on average annual appreciation rates, 3-5 years would offset any selling costs and provide equity growth outside of something catastrophic happening in the market. This is a great way to protect your savings, build wealth as a team, and not throw money away on rent.

I knew two young women who pooled their savings to buy a home, and they also placed a roommate in a basement bedroom to help offset the mortgage. They later sold that house when they both got engaged and were able to buy great long-term homes with their partners using the equity they built. This partnered approach on their first home put them on the path to stability, security, and flexibility for their futures.

Buy a Cosmetic Fixer
Many buyers prefer homes that are “done” and fully updated. Those homes often come at a premium because they have a larger buyer audience. If you are willing to live with dated finishes or an unfinished space, you have the opportunity to build sweat equity with improvements you can make down the road when you can afford to.

It is important that you look for a home that’s structurally sound, as those can be expensive items to remedy, such as electrical, plumbing, roof, etc. Hiring a trusted inspector to perform proper due diligence is an important step. A dated kitchen or bathroom is a livable situation, and these homes build equity over time, too. If a home has an unfinished basement, there is an amazing opportunity to finish that space in the future and gain a higher value. Plus, you could rent this finished space to help offset the expense.

Buy a Fixer
There are renovation loans available, such as an FHA 203(k), that can be used to do more extensive repairs, additions, and updates. These loans provide funds to make improvements after closing. They are very detailed loan programs that require further scrutiny on value through appraisal and contractor bids, but can be successful in bringing a broken-down home to a livable structure and on the path to building equity. You have to be hearty and resourceful for these projects, so heed caution when considering this option. I have a great list of vendors and contractors that can help.

Most importantly, you must consider the Triangle of Buyer Clarity when shopping. Whether you are house hacking or just buying your first home without any of these creative solutions, being realistic about what you can afford is paramount. The relationship between location, price, and features/condition matters! Buyers must be flexible with their wants and understand that in reality, they typically get 70-75% of what’s on their wish list. Such as buying a townhome instead of a single-family home, settling on a location a little further away, or choosing a home that is not perfectly updated. However, they get a house and an opportunity to build wealth! This wealth-building game is a step-by-step process with every home a stepping stone over time.

As you can see, this triangle is not a perfectly balanced triangle, some sides are adjusted more than others. A buyer may have to reduce the number of features they would like in order to obtain the price and/or location they desire. This gets them on the path of equity growth, though, so compromise and flexibility are key! You need to get clear on your goals and adjust the triangle to make it work. 

If you are curious about how these house hacking tips can help you or someone you know, or you’re just curious about the market, please reach out. It is always my goal to help keep you informed in order to empower strong decisions.

If you’re looking for the perfect spot to grab photos with Santa this season, here are some of the best options happening around Skagit County – from cozy indoor setups to festive outdoor events, pet-friendly photo ops, and even appearances from Mrs. Claus!

📸 Santa Photos at Skagit Acres
Fridays–Sundays, Nov 14–Dec 21 | Mount Vernon
Professional photos with Santa! Kids, families & pups welcome. Includes 4 digital images.

📸 Santa & Mrs. Claus at Sprouts Clothing
Saturday, Nov 22 | 10 AM–2 PM | Burlington
Free photos — bring your own camera!

📸 Coastal Christmas Santa Photos
Saturday, Dec 5 | 6–8 PM | Downtown Anacortes
Hot cocoa, performances, and Santa pics after the tree lighting (around 6:45 PM). Free!

📸 Winter Wonderland Santa Photos
Dec 5–7 | Children’s Museum, Burlington
Santa + friends all three days. Bring your own camera. Free!

📸 Shopping With Santa
Saturday, Dec 6 | 12–1 PM | JBF Holiday Sale, Mount Vernon
Fun photo op during holiday shopping at the fairgrounds. Free!

📸 Holiday Pet & Family Photos (4-H Fundraiser)
Saturday, Dec 6 | 10 AM–2 PM | Mount Vernon
Festive outdoor mini-sessions, pets welcome — even photos with a horse! Mr. & Mrs. Claus will be there too.

📸 Santa & Mrs. Claus at Cascade Learning
Saturday, Dec 13 | 12–2 PM | Sedro-Woolley
Stop in for photos and a visit with Santa & Mrs. Claus!

And if you’re out enjoying holiday events, many of these offer Santa photo ops too, here are some highlights:

🎄 Holiday Parades & Tree Lightings
• Burlington Merry & Bright – Dec 4
• Anacortes Coastal Christmas – Dec 5
• Sedro-Woolley Gingerbread Delight – Dec 6
• Mount Vernon Holiday Parade – Dec 7
• Concrete Tree Lighting & Parade – Dec 6
• La Conner Lighted Boat Parade – Dec 13
• Anacortes Lighted Boat Parade – Dec 6

So many ways to capture the magic this season!

I’m grateful to be part of a company that truly believes in giving back where we live and work, and continues to make a difference right here in our community.

As the Windermere Real Estate Skagit Valley Foundation Director, I recently had the honor of helping coordinate a $1,000 donation from our office to support the Mount Vernon School District’s Annual Coats for Kids drive. This program provides warm coats to homeless and in-need students, helping ensure every child stays warm through the winter months.

A special thank-you to Emily Griffin and her team at Guild Mortgage for being such an important part of this cause and for continuing to show up for our community.

Would you like to learn more about the Windermere Foundation? Reach out to me at daniellemartin@windermere.com for more information and an application.

November in the Skagit Valley? Yes, please.
Discover the must-attend events this month—from cozy markets to local theatre and holiday previews.

Whether you’re new to the valley or a lifelong local, there’s something here to spark your weekend moves.

The crisp autumn air settles in and the leaves beneath our feet start to crunch as a foggy tingle fills the air… Halloween is creeping closer! It’s time to conjure up some devilishly delightful pumpkin carvings, sip on warm cider, and soak up the magic of the season. Whether you are a seasoned pumpkin-carving pro or just getting started, Skagit Valley is brimming with inspiration, farm-fresh pumpkins, and festive events to make this fall unforgettable. Keep reading for the best ways to celebrate pumpkin season & Halloween fun in Skagit Valley.

Skagit Valley’s Pumpkin Patches & Fall Hotspots 

Skagit Valley isn’t just a spring tulip paradise — fall is just as magical here, with sprawling pumpkin fields, cozy farm stands, and fun everywhere you turn. Here are some of the best places to find your perfect pumpkin (and maybe a little autumn adventure along the way): 

Gordon Skagit Farms (Mount Vernon)

A Skagit Valley icon, Gordon Skagit Farms is known for its incredible variety of pumpkins, hand-painted farm signs, and elaborate fall displays. Wander through their fields, snap a few family photos, and explore their artistic, Halloween-themed barn. 

Schuh Farms (Mount Vernon)

With its cheerful red barn and rolling pumpkin fields, Schuh Farms offers hayrides, u-pick pumpkins, delicious homemade pies, and fresh apple cider. It’s a true fall wonderland for all ages. 

Tulip Town Harvest Festival (Mount Vernon)

Known for its spring tulips, Tulip Town transforms into an autumn festival in October, complete with pumpkins, local vendors, seasonal treats, and plenty of fall photo ops. 

Jones Creek Farms (Sedro-Woolley)

Perfect for families, Jones Creek Farms offers not only pumpkins but also u-pick apples and pears. It’s a wholesome day out with a true farm-to-table feel. 

Kristoferson Farm (Camano Island — just south of Skagit)

While technically outside the valley, Kristoferson Farm is worth the short drive for its fall market, pumpkin patch, and stunning seasonal scenery. 

Spooktacular Pumpkin Carving Ideas 

Once you’ve picked your perfect pumpkin, it’s time to get creative! 

• Classic Jack-o’-Lantern

   – The timeless toothy grin never fails to deliver Halloween charm. 

• Ghostly Designs

   – Paint or draw spooky faces for a quick, mess-free alternative to carving. Bonus: glow-in-the-dark paint is amazing. 

• Playful Cat

   – Whiskers, pointy ears, and a mischievous grin for a whimsical touch. 

• Dragon Masterpiece

   – For the ambitious carver, a dragon will wow trick-or-treaters. 

• Haunted House

   – Carve intricate windows, ghosts, and creepy trees, then light it with twinkle lights for extra effect. 

Halloween Happenings in Skagit Valley 

Fall in Skagit Valley is filled with community spirit — and Halloween takes it up a notch. Keep an eye out for: 

• Mount Vernon Downtown Trick-or-Treat

   – Local businesses open their doors for family-friendly trick-or-treating. 

• Anacortes Halloween Parade

   – A festive small-town parade with costumes, candy, and fun for all ages. 

• Haunted Forest at Northern State Recreation Area

   – A spooky trail experience perfect for thrill-seekers. 

Whether you’re here for the pumpkin patches, the cozy farm vibes, or the eerie Halloween fun, Skagit Valley offers a little something for everyone this season. So, grab your scarf, your carving kit, and maybe a caramel apple or two — and make this fall one to remember. 

Are you thinking about calling Skagit Valley home? I’d love to help you find your perfect place here — just in time for next fall’s pumpkin season.

October in Skagit County is here!

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