December 2020 Real Estate Market Update for Olympia WA | What Buyers and Sellers Need to Know

The December 2020 real estate market did not slow down for the holidays.  In fact, December 2020 had the most sales in the last twenty years of December homes sales. Normally our summer months are the highest for sales but this late-year activity was spurred by the pause in the spring by the pandemic. This …

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What are winters like in Olympia, WA? | What to do in Olympia in the winter?

winters in olympia

One of the most common questions I get from people moving to Olympia is, “what is the winter like in Olympia?” Olympia’s Winter Weather You might have already guessed but it rains here.  Olympia averages about 50 inches of rain a year. The rainiest months in Olympia are between November and January. The winters are …

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August 2020 Olympia WA Real Estate Market Update for Buyers and Sellers

August 2020 housing market olympia wa

The Olympia real estate market continued breaking records for August 2020.  This month saw the lowest absorption rate on record at 0.45 months of supply.  In other words, if the market did not add any new listings, it would take just 13 days to sell everything! Are you a prospective buyer or seller?  Keep reading …

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Am I required to use a licensed home inspector when buying a home in Olympia WA?

Am I required to use a licensed home inspector when buying a home in Olympia WA?

Yes.  If you are exercising your home inspection contingency in your purchase and sale agreement for your home purchase in Olympia WA, you are required to use a licensed home inspector.  There is one exception to this and that is if you, the buyer, are personally doing your own home inspection.  Under this circumstance, you would not be required to have a home inspection license.

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Olympia WA home prices for September 2013 real estate market report

Olympia WA home prices for September 2013 real estate market report

Here is this month’s real estate market report for Olympia WA by Francine Viola, Realtor of Coldwell Banker Evergreen Olympic Realty.

Olympia WA Home Prices & Real Estate Market Report Highlights

Home prices in Olympia, WA and county-wide are rising.  For the last few months, we are seeing a pattern of rising prices.  This month, home sale prices in Olympia, WA and county-wide are up 2.6% from last year.  (Last month, I reported sales were up 2.3%, so we are seeing incremental upward adjustment.)

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What Buyers Can Expect During the Home Buying Process in Olympia, WA

What can you expect when you are buying a home in Olympia, WA? In short, a lot.  An experienced Realtor working for you can mitigate many problems before they occur.  Communicate with your Realtor and your mortgage loan originator and ask questions so that you are prepared to handle any bumps along the way. Here …

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Buying a home in Olympia, WA? Get answers to the FAQS for Home Buyers in Olympia WA

Buying a home in Olympia, WA easily generates many questions.  Here are the FAQS for common home buying questions.

houses in Olympia WAHow many homes does the average home buyer look at?  This number certainly varies between how much time a buyer has to find a home and also how many homes are currently on the market.  On average, most home seekers look at about 8 homes.

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To rescind or terminate – that’s the question, but what’s the difference?

Updated May 31, 2021 To rescind or terminate – that’s the question, but what’s the difference? As a home buyer in Olympia, WA, you have a mutually-agreed-upon purchase and sale agreement with the seller, but a situation arises during the transaction where you cannot go through with the purchase of the home.  For example, the …

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