Housing Resource
Posts Tagged ‘JBLM’

If you have been watching the South Sound housing market, you have undoubtedly noticed that the market is very busy.  The area and economy are growing briskly, migration from the South West (among other areas), is pushing the population beyond planners expectations, and prices are going up.  What real estate investors call “upside potential” is great.

The economy on this side of the mountains is strong.  We are seeing a large migration of jobs and people relocating to the Tacoma/Olympia area.  A great example is the Developing Lacey industrial park, and Boeing’s growth in Pierce County (and of course JBLM).   If you visualize development coming south from Seattle, the leading edge of that development is right now surrounding JBLM, both in the Tacoma and Olympia areas.

Although housing inventory is low, and prices are appreciating….there are still plenty of opportunities out there…they come on the market every day.   The key to being an effective home buyer in a market like this is knowing what you want, and being prepared (along with your Realtor) to jump when the right home comes along.   You will be putting your best foot forward when you are confident and knowledgeable.   A good Realtor helps too….

As you start the house hunting process, whether you are local or looking long distance, it is critical that you educate yourself about the market.  I like to start looking for/sending listings several months before you are ready to buy.    The education that you receive by going thru the process will help you to recognize a good deal when you see it, and expose you to everything that is out there with time to absorb it all.

If you would like to learn more about buying a home in the JBLM area, whether you are already here or are en-route, please let my staff and I know.  We have lots more info available by email and a fantastic relocation packet that consists of a box full of material provided by JBLM and the State.

Phil is the Owner and Broker at Phil Sharp Homes LLC

and is also an experienced developer/builder in Thurston County.

                      Relocation Sponsor Services                                             Relocation Packet by US Mail

                      A Real Person Searching for Listings                             Free Home Warranty

 

Summary of The JBLM Area Real Estate Market Fall 2016 JBLM-real-estate-market

2016 has so far been an exceptional year for real estate in Western Washington. From both perspectives, buyer and seller, it has been a good year. Buyers are still enjoying exceptional prices, and low interest rates. Sellers are enjoying a brisk market, low inventory, and in some cases multiple offers.

The current housing inventory in Thurston County south of JBLM is approximately 1 month. A balanced market is considered to have 4-6 months of inventory. Based on supply and demand, you can see that we are in a sellers market. The result of the low inventory and strong demand this year has been an increase in prices.

The inventory situation, coupled with the improving economy, has been good for home prices. We have seen values going up by 1.5% per month in some parts of the market. Generally, the lower priced homes have appreciated the most. Across Thurston County, overall real estate values have increased 11% in the past year.
As fall approaches, the real estate market tends to slow to a stop (around Christmas) and then take off with a bang in January.

As of late September, the market slowed some before kids went back to school, then picked up again. Based on the number of folks I am communicating with, it looks like it will be a busy fall and winter.
As I mentioned above, the market is in need of listings (and so am I). If you are considering selling your home, I can promise you more exposure, both local and global, than any other brokerage. Most agents put your home on the MLS and put up a sign…that’s what we do before we start.

 

Are you looking for a place to gets some plants to spruce up your new home??? I know just the place to go…Watson’s!! We did some major landscaping at our house this year and I was ready to plant. I had heard about Watson’s and figured I would give it a shot; so glad I did!! This place was so much fun and had so many options to choose from. Lots of knowledgeable staff available to answer questions and suggest plants based on your yard and preference. I don’t really enjoy yard work so I was hunting for the plant it and forget about it plants! I also wanted a lot of evergreen shrubs to they would stay nice and green all year.

When I first walked in I was so overwhelmed by all the choices! It was so nice to have such a big selection!

They also had amazing home decor stuff as well. I really could have spent all day here! And, if you did want to spend a majority of the day you wouldn’t have to worry about getting hungry of thirsty because inside the main building is Anton’s Cafe!

If you are in need of amazing plants or home decor or even just ideas for your new home in the JBLM area, I highly recommend checking this place out. They even have some cool events that happen during winter too (reindeer come visit)!

If you are in the JBLM area and looking for things to do, make sure follow this blog and head over to my Facebook page to see even more stuff about the JBLM area and#jblmareathingstodo.

Are you relocating to the JBLM area? We would be happy to set up a personalized home search for you. An actual person will search listings for you on a regular basis and only send homes that are actively on the market, meet your criteria and will qualify for your specified financing. Set up your JBLM area home search today!

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