Tuesday, 18 October 2016 15:40
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.
Monday, 22 August 2016 10:55
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)!
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!
Subscribe to The Compass, a JBLM area newsletter