In Tune with your Real Estate Needs
Everyone wants to know if this is a good time to buy or if it’s a good time to sell. Real estate markets are not good nor bad. The problem buyers and sellers face is they don’t want to operate within the parameters of the current market. The market is like your fenced backyard – …
The Spring 2023 real estate market is off to a sluggish start but it’s not because buyers have hit the pause button – it is the lack of sellers coming to the market. This is creating a steep seller’s market. The good news for buyers is right now we have a unique window of opportunity …
Last week had a lot of rough financial news from the Federal Reserve Chair Jerome Powell saying rate hikes are coming higher than predicted and more often, the stock market reacting to that news, Silicon Valley Bank and other banks collapsing, and interest rising. You’d think the Olympia real estate market would have come to …
Which is more important for buyers – the interest rate or the home price? Experts project that interest rates will go down as 2023 progresses but home prices are anticipated to continue rising. How will this affect buyers’ monthly mortgage payments? And should buyers buy now or wait? What are the Interest Rates Today? Interest …
I work with buyers moving here from all over the country and real estate practices vary from area to area. Many of my out-of-state buyers ask what inspections sellers do for buyers and the list is extremely short. The one inspection sellers do for buyers is if the property has a septic system, it’s the …
Last year was the year of two different markets: searing hot in the first half and cool in the second half as interest rates skyrocketed and doubled. This year is sputtering to heat up but the fluctuating interest rates, low inventory and still strong demand are setting 2023 off to a rollercoaster start. Homes Prices …
Our local meteorologist, Abby Acone, had a great quote this morning when she reported this week’s temperatures are much colder than normal. She said, “there’s no such thing as bad weather, just bad clothing choices”, and that’s true with real estate, too. There’s no such thing as a good or a bad real estate market. …
If so, this could boil down to you might be touring homes the wrong way. Here are my tips that can help you but first, we’ll need to start at the beginning: Start your home search by using the right websites In the Olympia area, the most accurate websites for home searching will be brokerage …
The 2022 real estate market in Olympia has shifted. As we go into the fall and winter months, you might be questioning if now is a good time to buy or if you should wait until next year. The two biggest issues for buyers right now in deciding if now is the time are home …
The real estate market is continuing to keep us on our toes. Earlier this year, buyer demand for homes was extremely high and supply was extremely low. Now demand and supply are both down. Typically, when demand for homes goes down, home prices follow but that’s not happening because supply is still low. Home prices …