In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or the first steps to take when you’re ready to buy. However, as Oly Pen Broker Cassie Prom points...
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During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. "Our situation today is not the same." explains Melissa Champ, associate broker at Oly Pen...
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This may be just one opinion, but it is a well experienced and a well-educated opinion. Dave Ramsey does not see this market as a bubble. Nor does not see a benefit to waiting for a crash to purchase a new home. If you are waiting for more favorable prices he encourages you to...
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There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor when you’re ready to purchase your dream home, and high buyer...
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Most of us have heard it since we were children. “If you are not learning, you are not growing .” Because this is as true today as it has ever been, the Oly Pen family, located in Monetsano, Washington, have firmly entrenched continuing education as a cornerstone philosophy and one of the most important...
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The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market is for more...
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Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In such a hot market, houses are selling quickly. According to...
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Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. Housing Market Covid Collapse and Subsequent Rebound While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain...
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Over the past year, Grays Harbor residents have had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist at realtor.com, shares: “The very nature of the pandemic, through the health implications, social distancing, and...
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The Impact on the Grays Harbor Real Estate Market Nationally, with listing inventory down 52% from a year ago, bidding wars are skyrocketing. As a result, home prices are climbing. “Today, there can be little doubt that the lack of available homes on the housing market is one of the biggest challenges potential homebuyers...
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