Real Estate (April 9th 2024) Market Update – Washington State – Olympia WA

🏡 Exciting Updates in the Real Estate Market! 📈 Hey everyone, it’s [Your Name] here with some thrilling news about the current state of the real estate market as of April 9th, 2024! Over the past couple of weeks, we’ve noticed a bit of a slowdown in buyer activity, but guess what? This Sunday brought a sudden surge of pending offers that’s got everyone buzzing! 🎉 It’s been an interesting ride lately, with buyers seemingly taking a brief pause. However, the recent drop in interest rates has sparked renewed interest, and we’re seeing more and more buyers eager to jump back into the market. This is fantastic news for sellers, but it also means there’s some healthy competition out there. Now, here’s the key: Pricing your home right is absolutely crucial in this market. With increased buyer interest, it’s essential for sellers to be strategic with their pricing to ensure their homes not only attract attention but also get those coveted pending and sold statuses. It’s all about finding that sweet spot where both parties feel they’re getting a fair deal. One trend that’s really making waves right now is the focus on square footage and updates. Buyers are increasingly looking for homes that offer both space and modern amenities. So, if you’re thinking about putting your home on the market or you’re currently in the process, highlighting these features could give you a competitive edge. Overall, it’s an exciting time to be in the real estate market. With interest rates on the decline and buyer activity picking back up, there are plenty of opportunities for both buyers and sellers to make their move. As always, if you have any questions or you’re ready to take the next step, don’t hesitate to reach out. Let’s make your real estate dreams a reality! 🌟 #RealEstate#MarketUpdate#HomeBuying#HomeSelling#InterestRates#SquareFootage#ModernUpdates✅ My Listings: https://beacons.ai/olympiarealestate 💬 Let me know in the comments if you enjoyed this video! And don’t forget to subscribe to the Ron Rougeaux here ⤵️    / @olympiarealestate   ————— Welcome to the official YouTube channel of Ron Rougeaux – Your Real Estate Broker in Olympia, WA with PNW Homes Group 🏘 On this channel, you will find topics ranging from homes and land available for purchase to trends in local markets and travel tips for visiting the area. We’ll talk all about Homes for sale, Land Sales/How to build, Olympia travel tips (What to Do In Olympia), and real daily PNW life with our Captain Ron’s Vlog! ➡️ Quality service is my highest priority. I have an excellent understanding of the market conditions, prices, and challenges that prevail. I have worked with a wide range of clients from first-time buyers to experienced investors, and from luxury condos to comfortable family homes. I have the experience, skills and drive to ensure you get the home of your dreams and achieve the best-selling price of the property you leave behind. Whether you are buying or selling a home let me know your expectations and I will present you with solutions that suit your needs. ➡️ I and my team at PNW Homes Group are here to assist with all the details and information you need to know about real estate in Olympia, Washington and the surrounding area (We serve all of Washington State!) So, be sure to like and subscribe to stay up to date with the latest in PNW Homes Group. Hit that bell to never miss a video 🔔 ————— 📲 Follow Ron Rougeaux on social media: Instagram ▶️   / olympiarealestate   Facebook ▶️   / ronroug   Twitter ▶️   / ronrougeaux   LinkedIn ▶️   / captainronrealestate   ✅ Visit me online: https://ronrougeaux.com/ 📍 eXp Realtor located at 1718 4th Ave E, Olympia, WA 98506. 📲 You Can Call or Text Us at 360-338-8355 📧 Email CaptainRonJr@gmail.com 🖥 Shop all of PNW Real Estate at http://www.PNWHomesGroup.com ————— #RealEstate#PNW#RonRougeaux#PacificNorthwestRealEstate#PNWRealEstate#PNWHomesGroup

“Unlocking the Key to Homebuying Success: The Irreplaceable Benefits of Using a Real Estate Broker!”

PodCAST Link: https://podcasters.spotify.com/pod/sh…

Yes – Using a real estate agent as a buyer’s agent can provide several significant benefits to protect and assist buyers in the real estate process. Here’s a summary of the key advantages: Market Knowledge: Real estate agents have a deep understanding of the local market, including current trends, property values, and neighborhood dynamics. This knowledge enables them to guide buyers toward neighborhoods that align with their preferences and budget. Negotiation Expertise: A buyer’s agent is skilled in negotiating deals. They can work to secure the best possible price and terms for the buyer, leveraging their experience to navigate through potential obstacles and counteroffers. Access to Listings: Real estate agents often have access to a wide range of properties through multiple listing services (MLS) that may not be readily available to the public. This gives buyers more options and a better chance of finding a property that meets their criteria. Streamlined Process: Buying a home involves a multitude of tasks, paperwork, and deadlines. A buyer’s agent helps streamline the process, ensuring that all necessary steps are taken care of in a timely manner. This reduces stress for the buyer and minimizes the risk of overlooking crucial details. Legal Protection: Real estate transactions involve legal intricacies. A buyer’s agent is knowledgeable about the legal aspects of buying a home and can help ensure that the buyer’s interests are protected. They can advise on contracts, contingencies, and any potential legal issues that may arise. Professional Network: Agents often have a network of professionals, including inspectors, appraisers, and mortgage brokers. This network can be valuable in helping buyers find reputable service providers, ensuring that the necessary inspections are conducted, and facilitating a smooth transaction. Market Analysis: Buyer’s agents can provide comprehensive market analyses, helping buyers understand the fair market value of a property. This information is crucial for making informed decisions and avoiding overpaying for a home. Guidance Through the Process: Purchasing a home can be overwhelming, especially for first-time buyers. A buyer’s agent acts as a guide, explaining each step of the process, answering questions, and providing support to make the experience more manageable. Disclosure Assistance: Agents are familiar with the legal requirements for property disclosures. They can help buyers navigate through seller disclosures, ensuring that they have all the necessary information about a property before making a decision. Time and Energy Savings: By leveraging the expertise of a buyer’s agent, buyers can save time and energy that would otherwise be spent on researching, scheduling appointments, and managing the logistics of the buying process. In summary, having a real estate agent as a buyer’s agent can offer invaluable support, expertise, and protection throughout the home-buying journey, making the process more efficient, less stressful, and increasing the likelihood of a successful and satisfactory transaction. Whether you are buying or selling a home let me know your expectations and I will present you with solutions that suit your needs. ➡️ I and my team at PNW Homes Group are here to assist with all the details and information you need to know about real estate in Olympia, Washington and the surrounding area (We serve all of Washington State!) So, be sure to like and subscribe to stay up to date with the latest in PNW Homes Group.

📲 Follow Ron Rougeaux on social media: Instagram ▶️ https://www.instagram.com/olympiareal… Facebook ▶️ https://www.facebook.com/ronroug/ Twitter ▶️ https://twitter.com/RonRougeaux LinkedIn ▶️ https://www.linkedin.com/in/captainro… ✅ Visit me online: https://ronrougeaux.com/ 📍 eXp Realtor located at 1718 4th Ave E, Olympia, WA 98506. 📲 You Can Call or Text Us at 360-338-8355 📧 Email CaptainRonJr@gmail.com 🖥 Shop all of PNW Real Estate at http://www.PNWHomesGroup.com ————— #RealEstate #PNW #RonRougeaux #PacificNorthwestRealEstate #PNWRealEstate #PNWHomesGroup #olympiarealestate #realestateolympiawa #olympiawashington #olympiawa #olympia #realstateolympiawashington #olympiawashingtonrealestate #pnwlife #pnw #thurstoncounty #local #localrealtor #localrealestate #washingtonstate #washington #seattlewashingtonrealestate #seattlewashington #olympiawa #tumwater #tumwaterwashington #laceywa #laceywashington #lacey

Real Estate 🏠 Boundary Line Tips & How to take Care of Issues with Lot Lines Ron Rougeaux Olympia WA

Boundary lines on real estate are a common issue due to a variety of factors, including inaccuracies in property surveys, historical discrepancies in land records, and changes to property lines over time. When properties are surveyed, errors or omissions can occur, leading to unclear or disputed boundary lines between neighboring properties. Additionally, historical land records may not accurately reflect past boundary agreements, causing confusion and potential disputes between current owners. As properties change hands over the years, the lack of proper documentation or understanding of property boundaries can result in contentious situations. . To address boundary line issues, it is crucial for property buyers to invest in a professional land survey before finalizing a real estate purchase. A survey will provide an accurate representation of the property’s boundaries, helping buyers avoid any potential boundary-related disputes in the future. Furthermore, buyers can protect themselves by obtaining title insurance, which safeguards against any hidden or undiscovered issues, such as boundary disputes, that may arise after the purchase is completed. Title insurance ensures that buyers are financially protected and that any unexpected legal or financial complications arising from boundary lines are mitigated. . Engaging the services of an experienced real estate broker like Ron Rougeaux can be immensely beneficial when dealing with boundary line scenarios. A seasoned real estate broker has likely encountered numerous boundary-related issues and situations, providing them with the expertise and knowledge to navigate such challenges effectively. Ron Rougeaux, with his professional experience and personal understanding of boundary line matters, can offer valuable guidance to clients, ensuring that they make informed decisions and avoid potential pitfalls. His expertise in handling boundary-related challenges can provide peace of mind to property buyers and sellers alike, ensuring a smooth and trouble-free real estate transaction. . #thurstoncounty#thurstoncountyrealestate#realtor#realestatetips#boundarylinetips#tips#newhometips#washington#seattle#olympia ✅ My Listings: https://beacons.ai/olympiarealestate 💬 Let me know in the comments if you enjoyed this video! And don’t forget to subscribe to the Ron Rougeaux here ⤵️    / @olympiarealestate   ————— Welcome to the official YouTube channel of Ron Rougeaux – Your Real Estate Broker in Olympia, WA with PNW Homes Group 🏘 On this channel, you will find topics ranging from homes and land available for purchase to trends in local markets and travel tips for visiting the area. We’ll talk all about Homes for sale, Land Sales/How to build, Olympia travel tips (What to Do In Olympia), and real daily PNW life with our Captain Ron’s Vlog! ➡️ Quality service is my highest priority. I have an excellent understanding of the market conditions, prices, and challenges that prevail. I have worked with a wide range of clients from first-time buyers to experienced investors, and from luxury condos to comfortable family homes. I have the experience, skills and drive to ensure you get the home of your dreams and achieve the best-selling price of the property you leave behind. Whether you are buying or selling a home let me know your expectations and I will present you with solutions that suit your needs. ➡️ I and my team at PNW Homes Group are here to assist with all the details and information you need to know about real estate in Olympia, Washington and the surrounding area (We serve all of Washington State!) So, be sure to like and subscribe to stay up to date with the latest in PNW Homes Group. Hit that bell to never miss a video 🔔 ————— 📲 Follow Ron Rougeaux on social media: Instagram ▶️ https://www.instagram.com/olympiareal… Facebook ▶️ https://www.facebook.com/ronroug/ Twitter ▶️ https://twitter.com/RonRougeaux LinkedIn ▶️ https://www.linkedin.com/in/captainro… ✅ Visit me online: https://ronrougeaux.com/ 📍 eXp Realtor located at 1718 4th Ave E, Olympia, WA 98506. 📲 You Can Call or Text Us at 360-338-8355 📧 Email CaptainRonJr@gmail.com 🖥 Shop all of PNW Real Estate at http://www.PNWHomesGroup.com ————— #RealEstate#PNW#RonRougeaux#PacificNorthwestRealEstate#PNWRealEstate#PNWHomesGroup#olympiarealestate#olympiarealtor#thurstoncountyrealestate#thurstoncounty#washingtonstaterealestate#pnwrealestate#pugetsoundrealestate#pugetsound#pnwrealtor#listingagent#buyersagent#exprealtyproud#exprealty#pnwhomesgroup#marketingspecialist#buyahome#realestatetips#realestateagent#realestatelife#realestateexperts#realestateadvice#realestate#realtor#southpugetsound#tacoma#tacomawa#lacey#laceywa#olympia#olympiawa

I can tell you one Thing – High end Great Location is still Selling 📊 @eXp Realty and Ron Rougeaux knows how to Invest 🕵 in PNW.

I can tell you one Thing – High end Great Location is still Selling 📊 @eXp Realty and Ron Rougeaux knows how to Invest 🕵 in PNW.
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Look I can’t tell you the right time to buy or sell. I can let you know what is going on in the market. I can watch the numbers and stats and see the patterns. Right now I am seeing High end great location homes are selling, and there is still a demand out there. Most of the buyers are coming from California and other states. And depending on your plans and if you are ready to sell, there are buyers for you in the high end range with great locations.
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Now the middle priced homes the prices are starting to auto correct and the demand is just not there right now. Mainly because of interest rates. But you have to remember if you are renting then buying now is definitely better instead of wasting money on rent. But you have to be in the right spot to buy, we can’t tell you when that is. But if you buy now and interest rates keep going up well that is better then waiting and buying a cheaper home up the rates are in the 10+ mark. And if the rates do go down, then all you have to do is refi and you now made money on both the price and refi.
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As trust me once the rates start to drop the buyers will be running our of the woods like a horrid of zombies and bam we are backing into a bidding war and prices go back up in the market. And now you are back in the spot of losing homes and being furstrated and back to still renting and now 2 years have gone by and you have less 40k+/- and that all could have gone into your home equilty of the home you bought now.
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Think about it are you wasting money and can you buy. If you don’t know if you can buy CALL ME – 360-338-8355 – but I don’t want to force you to buy if you are happy renting. And if you are looking to move and have any amazing high end home call me as there are definitely buyers out there. That are making the move now instead of waiting for the spring or summer as they know what might have and don’t want to take the risk of higher interest rates or a huge buyer demand come back again in the summer.
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#exprealty
#expproud
#pnwhomesgroup
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#pnw

REAL ESTATE MARKET & (LIFE) SUMMER “2022”

Right now the sun is shining bright and the weather is hot (smoking hot) and summer is here full force. This is why we live here in the PNW, best summers. You have the mountains on the cascades and olympics glittering bright with the snow reflecting the sun, just enticing you to come hike. With the waves in the Puget sound and rivers and lakes throwing the sun right back at you, saying come in and swim and fish in our waters. Yep nothing better in the summer than in the PNW and with no abundance of mosquitoes at least where we live at the lake. You can just setup your chair and really enjoy one of the last slices of nature before you head to Canada and Alaska. Of course in the high woods and mountains, yes we do have bears and Mountain Lions, coyotes and wolfs.

With real estate I believe everyone has learned or is finally learning – Location is everything. And yes sometimes you can’t get the perfect location. But when you can, nothing is better than that amazing location. In my opinion these are my 3 top locations for a Primary or Investment home.

  1. Waterfront pure and simple. Nothing is better than having water at your back or front door and being about to jump in for a swim or paddle/boat off into the sunset. It is the best spot to be in the hot summer days and everyone will want to becoming over for that bbq and swim/boat time. Now with that said, yes some waterfront is not good. (If you are in a flood zone or a very swampy location). Remember even with waterfront there are prime locations, good spots, and then just okay spots. With regards to the PNW in Washington state we have Salt water and Fresh Water locations. We then can go further with location here in Washington state as we have a lot of choices to pick from. Would you prefer lake or river/stream or would you like salt water bay/sound or oceanfront? This is totally up to you and to be honest, all waterfront in my mind is a solid purchase. Of course there are levels of prime locations on the water front as well. For example on the lake a clean spot for swimming and dock with boating in front of your house is perfect. But as the same lake if it is marshy and you can’t really swim and too shallow for a boat, while again you are waterfront but less desirable location. Budget will also have a huge determining factor on what you can pick/afford. And at the end of the day, I believe water front is 100 times better than a cookie cutter home with pavement and homes all around you.
  • 2. Land and great large raw land with maybe a creek/river or pond or if you are lucky to have large land with salt water. Land is becoming harder and harder to find. There are many factors to why there is less land, the obvious is more people and more people wanting land instead of living downtown or in the cities. The big chunks of raw land that are clean, by clean I mean no wetlands or gophers to stop you from being able to build. Also flat with some hills is good, but steep and extremely hard to build on lots is also not the best. So you will always have different levels of land that is Best to not the best. I will say when the land is private and doesn’t have eye sores around it, being that of either man built/living presence or views such as mud flats or swamps. The really nice pieces of land usually get sold off market to investors/developers or if you are hunting for land, a really good real estate broker will call around for you to see if any owner is looking to sell. Another great way to buy big chunks of raw land is to look for timber land from logging companies. Sometimes these lots are further out in the country. But if you can afford to buy and hold on to the property until it is built up around you or development has come close to the big chunks of land you can make a good penny developing the land or selling to a developer/investor.
  • 3. Downtown Residential/Commerical Downtown Residential/Commerical is amazing and can always be fun and exciting living or living/working close to all the action of a downtown city. Depending where the city is, you can have key locations downtown, if there is water then of course closer to the water or even better on the water is of course the best of the best you can get. If you have a residential of condo on a nice corner spot with restaurants and bars with cute stores, this again is very attractive and definitely helps the value. I really like if you can find a building to buy that has residential on top and a commercial unit on the bottom that you can either rent or use yourself for a business. These always are great buys, but harder to find sometimes. If you are just looking for commercial buildings, I usually recommend making sure the buildings are in key locations, unless they there in gentrification going on through the downtown key areas. These area are called opportunity zones and have awesome tax advantages and if you hold them for a key time period are a great investment, as long as it is just not sitting there vacant. 

Please Call ME instead of just getting sent a random Real Estate Market Report

Please Call ME instead of just getting sent a random Real Estate Market Report. Yes the reports are fun to look at and if you know what you are reading, awesome. But wouldn’t you rather talk about the market while seeing the numbers in person or on a zoom meeting.

Any realtor can pull reports and send them to you. There is a huge difference if the realtor can sit down and explain the reports, actually show you what is going on in the local market. Even better is if the realtor has rentals and investment homes, and can show you their success in the real estate market.

And yes it is cool to know the US Market statistics at the Macro level, but ultimately the micro level of the area you are wanting to buy and sell is huge. We can take this on multiple levels depending on what you are wanting to accomplish in the real estate market. Are you wanting to invest, sell a home, buy and flip or buy in another part of the country? All of this requires you to look at different graphs and compare what your ultimate end goal is. So yes getting a report is great, if you are bored and want a Sunday read. If you want a specialized report for your specific needs, call me and we can talk. And then I can make you a detailed specific report and show you what the market is actually doing for what you are looking for.

Call /Text : 360-338-8355

Email : CaptainRonJr@gmail.com

#olympiarealestate

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The Ultimate Neighborhood Guide to Downtown Tacoma, WA [2022]

The Ultimate Neighborhood Guide to Downtown Tacoma, WA [2022]

The Ultimate Neighborhood Guide to Downtown Tacoma, WA

On the bottom edge of Puget Sound lies Tacoma, Washington, a city of just over 219,000 people. It’s part of the larger South Sound region with a population of about 1 million.  After a period of decline, Tacoma made a comeback in the 1990s with a ton of development and restoration.  Now, young and old alike enjoy all that Tacoma has to offer.  With the waters coming into the middle of the city, the area is picturesque with tons of amazing areas and charm.

Living in Downtown Tacoma

People who live downtown love the views of Mt. Rainier, the Cascade Mountains, Commencement Bay, and the Port of Tacoma, where you can see commerce in action with the loading and unloading of cargo ships.  Downtown Tacoma is one of the most affordable places to live in the area.  Condominiums, lofts, single-family, and vintage homes are integrated within these neighborhoods:

The Foss Waterway

The Thea Foss Waterway area is a popular downtown Tacoma neighborhood that is great to hang out or live in.  There are condominiums for purchase, museums to visit, and a waterfront walkway where you can find restaurants, parks, picnic areas, and kayak or paddleboard rentals.  You can walk there from central downtown and access the waterfront via two bridges and a glass elevator.

The Theater District

Along with the restoration of old buildings are two theaters – the Pantages Theater and The Rialto.  Dating back to 1918, these are venues for music and theater.  A more modern venue was added in 1993 called Theater on the Square.  Lofts with tall ceilings and original bricks have sprung up throughout downtown and are trendy homes.

Pantages Theater In Tacoma, WA

Pacific Avenue

Tacoma’s charm shines through in the Pacific Avenue area.  Renovated brick buildings from the late 1800s and early 1900s are now shops, museums, lofts, restaurants, and more.  Local hangouts include:

Plus, check out Dale Chihuly’s art inside Union Station (now a US District Court).

Other Neighborhoods

Tacoma Downtown has a few more neighborhoods worth mentioning.

  • Stadium District is a historic neighborhood with a grocery store, coffee shop, boutiques, and eateries.  There you’ll also find Wright Park, a 27-acre park with a conservatory, arboretum, hundreds of trees, walking trails, and a pond.  Stadium district is one of several neighborhoods known for revitalizing the neighborhoods to include single-family homes mixed in with mixed-use business districts.
  • St. Helens has stunning views of Commencement Bay
  • Dome District has shopping, restaurants, and the Tacoma Dome, where conventions and concerts occr.
  • McCarver Neighborhood has newer condominiums and townhomes and a maple-lined central street.

Related Post

15 Reasons You Should Move to Tacoma, WA, Today [2021]READ MORE

Getting Around

Downtown Tacoma has everything within easy walking distance or via a free Link Light Rail. You’ll still want that car to get to neighboring cities, off to the mountains, north to Seattle, or south to Olympia.

Working in Tacoma

There are plenty of opportunities to work for small and large businesses in the downtown area.  Tacoma is home to lumber company Simpson, and food companies, Roman Meal and Brown and Haley.  Fun fact:  candy giant Mars, Incorporated, started in Tacoma in 1911.  The biggest employers in the area are Joint Base Lewis-McChord (an army base 9 miles south of the city), MultiCare Health System, the State of Washington, and Tacoma Public Schools.

The Downtown Tacoma Partnership will work with you to start your own business if that is your dream.

Working In Tacoma, WA

Schools

The Tacoma Public Schools serve the area with 36 elementary schools, 11 middle schools, and ten high schools.  There are non-traditional high schools, alternative high schools, and charter schools.  Downtown Tacoma is also home to the Tacoma School of the Arts for high school students and numerous private schools.

The University of Washington built a campus that incorporates some of the area’s historic buildings.  Other colleges close by are the University of Puget SoundTacoma Community CollegeCity University of Seattle-Tacoma, and Bates Technical College.

Related Post

8 Best Cities To Move To From Seattle: Relocation Guide [2021]READ MORE

Shopping

There are so many things to do in Downtown Tacoma.  Pacific Avenue has unique shops, and restaurants in classic buildings.  Another option is Antiques Row, with several multi-level antique stores.  Find hidden treasures at Lily Pad Antiques, and many more.  Tacoma Mall is on the city’s outskirts for big store shopping experiences – think Macy’s, Nordstrom and JC Penney.

Museum District

Tacoma’s Museum District is comprised of world-class museums, including:

Each of these offers a unique perspective of the area.

Other Landmarks

If you haven’t realized, Tacoma cherishes its old buildings, incorporating them into neighborhoods.  There are 165 individual city landmarks and 1,000 historic properties scattered throughout the metro area.  Some near downtown are:

Fireboat No.1- National Historic Landmark - Tacoma, WA

Outdoors

While some may find the rainy pacific northwest weather an adjustment, there are plenty of sunny days to enjoy the waterfront and the mountains.  Metro Parks Tacoma maintains over 50 parks and open spaces in and around Tacoma.  We mentioned the easy walk to Foss Waterway, plus where 6th Avenue meets the water is a scuba diving area. Downtown’s Frost Park has sidewalk chalk contests.  Those with pups can take them to Rogers Off-Leash Dog Park.

Venture a little further to Port Defiance Park with a 5-mile drive leading to Owen Beach, Fort Nisqually, and Point Defiance Zoo and Aquarium.  The Cascade Mountains, Mt Rainier, and Mt. St Helens are very close for wilderness seekers.

Moving to Tacoma

Downtown Tacoma retains its charm with many historic buildings, a friendly atmosphere, and a close-knit community.  It is worth checking out if you enjoy an urban atmosphere.  It has culture, education, unique homes, and always new mixed in with the old.

Ron Rougeaux, located in Olympia, Washington is a highly skilled and knowledgeable real estate agent. PNW Homes Group are committed to their key core values of trustworthiness, integrity, and loyalty providing quality service is his highest priority. Whether you are buying, selling, or curious about the market, PNW Homes has the answers. 

A local Tacoma real estate agent is ready to help you find your dream home!

Call Today!

CONTACT US

Posted in Buying a Home