Questions about this information - let’s connect!
Quick Thoughts & Feedback
As your life-time real estate buying and selling resource - contact me to learn more!
Primary Suite Conversion
I provided this primary bedroom suite conversion idea for a local investor who was scrambling for direction on what to do with this 19th century home. Vaulted ceilings and a large open space replaces formerly confined partition. The barn door leads to the bathroom which was formerly an antiquated and low quality bedroom space. This conversion results in a home with 3-bedrooms and 2-baths from a previously antiquated floor-plan, fraught with obsolescence. Major improvement crafted by Brian LaFreniere - ask me what my expert real estate knowledge and design services can do for your home's value!
Read MoreIt is still a good time to sell your home
You may be surprised just how much your home is worth. The market is still hovering in peak market territory as these charts show. For example - if you bought your home in 2019 at the median price range, you may be sitting on close to $226k depending on your initial down payment and financial particulars.
So how much equity do you have? Thinking about selling? How long will the peak market last? Let’s connect!
Supply & Perspective
A quick look at the history of housing supply over the last 15-years. Far left is the Great Recession and an unheard of 14-month housing supply! At the right is a similar unheard of housing supply challenge at less than 1.5-months. Currently, the housing inventory in the greater North Tacoma area is about what it was in June of last year. The current housing supply also mimics the fluidity of shortage seen over the last several years, that which has lead to astounding year-over gains. Be sure to contact me to get more detail and the facts!
As your life-time real estate buying and selling resource - click here to send me an email and learn more! I’m available to discuss other markets that may be of interest to you, as well!
North Tacoma & Pierce County Snap Shot
Late February 2023
The market retains resilience despite the rise of interest rates. Extremely low inventory continues to drive the market place. Prices have dipped from 2022 peak however, are still riding very high considering astounding annual increases over the last several years.
If you are looking to sell, now looks like an excellent time to take advantage of peak pricing characteristics.
As your life-time real estate buying and selling resource - click here to learn more!
Spring Buying Season is Upon Us - North Tacoma
The market is heating up for the Spring season. Inventory continues to be extremely low as this graph explicates. Recent increases indicate that the buying gates are open and there is no signs of surplus. It’s still a seller’s market, mildly capped by high interest rates, otherwise propelled by strong demand.
As your life-time real estate buying and selling resource - click here to learn more!
Leveraging Interest Rates: New Construction, Rate Buydown
What’s an interest rate buydown? What’s a full term buydown? These are things to know and understand in the present interest rate environment.
According to a recent Fortune article, most builders are offering interest rate buydowns and some are even offering a full term buydown!
Buying new construction is a great way to get into a turn-key home and avoid the headaches of home updating and maintenance. Pick and choose your own finishes, neighborhood, and school district - from Bonney Lake, Tehaleh, Graham, or Puyallup - new construction is a great option.
Current market conditions are seeing AMAZING deals for new construction throughout Pierce county with incredible builder bonuses and buydowns that puts you in the driving seat when buying.
Down payment assistance is also available on most homes in any given market place. This won’t last forever, now is a great time to invest in a brand new home.