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

JUST SOLD ANOTHER HOME!

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Thrilled to announce the sale of another incredible listing! 🌟 It’s been an absolute pleasure working with my sellers and helping them navigate the process of selling their home. 🏠💼 🙌 Thank you to my amazing clients for trusting me with this journey. Here’s to new beginnings and endless possibilities! 🥂 #JustSold #AnotherSuccess
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Unlocking Dream Home: Navigating the Home Building Journey with Pro Realtor – A Comprehensive Guide!

Building a home in the real estate market is a complex and challenging process, requiring careful planning, financial investment, and a keen understanding of the construction industry. However, the difficulties can be mitigated by enlisting the expertise of a real estate broker to guide you through the entire building journey, alongside a qualified home builder. The process of constructing a home involves numerous intricate steps, from securing suitable land and obtaining necessary permits to designing the structure and managing construction timelines. Navigating these tasks can be overwhelming for individuals without prior experience in real estate and construction. A real estate broker becomes an invaluable ally in this journey, leveraging their industry knowledge and network to help you find the ideal plot of land that aligns with your preferences and budget. They assist in negotiating the purchase, ensuring that the transaction is fair and transparent. Additionally, brokers provide insights into the local market trends, helping you make informed decisions that align with your long-term goals. Once the land is secured, the real estate broker collaborates closely with a reputable home builder. The builder’s expertise in construction processes, materials, and local building codes is essential to ensure a smooth and successful project. Together, the broker and builder work to create a comprehensive plan that considers your vision, budget, and desired timeline. Throughout the construction phase, the real estate broker serves as a liaison between you and the builder, addressing any concerns, facilitating communication, and ensuring that the project stays on track. They also assist in resolving any unforeseen challenges that may arise during the construction process, helping to maintain the overall integrity of the project. In conclusion, while building a home in the real estate market poses its challenges, enlisting the assistance of a knowledgeable real estate broker can significantly ease the burden. By partnering with a reputable home builder, you gain access to a team of professionals who guide you through each step, ultimately turning your vision of a dream home into a reality. ✅ 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 ⤵️ https://www.youtube.com/channel/UCo7cbHl6ZMiiR3NYjT3EIKA?sub_confirmation=1 ————— 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/olympiarealestate/ Facebook ▶️ https://www.facebook.com/ronroug/ Twitter ▶️ https://twitter.com/RonRougeaux LinkedIn ▶️ https://www.linkedin.com/in/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

Why You Should Consider Buying Homes 🏡 on Market for Over 30-60 Days Without Pending in Real Estate💰

Why You Should Consider Homes That Have Been on the Market for Over 30 or 60 Days Without Going Pending in Real Estate Price Reductions: Homes that have been on the market for an extended period without going under contract often experience price reductions. Sellers may become more motivated to sell, leading to potential opportunities for buyers to negotiate a better deal. Reduced Competition: As homes linger on the market, the initial surge of interested buyers may have diminished. This means less competition for the property, allowing potential buyers to have a better chance of securing the home without facing multiple offers. Room for Improvement: Some homes may have been overlooked initially due to minor cosmetic issues or needed repairs. By considering these properties, buyers can identify potential opportunities for value appreciation through renovations or improvements. Buyer Flexibility: With homes that have been on the market for an extended period, sellers may be more willing to negotiate on closing dates and other terms, giving buyers increased flexibility during the transaction. Insight into Seller’s Motivation: Homes that have been listed for a considerable time may indicate motivated sellers, which could mean a smoother negotiation process and a higher chance of reaching an agreement. Unique Features: Long-standing listings may have unique features or qualities that are not easily replicated in other properties. Exploring these homes may reveal hidden gems that align perfectly with a buyer’s preferences. Opportunity for Bargains: In some cases, sellers may be willing to accept lower offers on homes that have been on the market for an extended period, offering potential buyers a chance to find bargain deals. Potential Investment Opportunities: Real estate investors can find value in homes that have been overlooked by the general market. With the right strategy, these properties could offer attractive returns on investment. Thorough Inspections: Since homes that have been on the market for a while may have undergone multiple inspections, there may be a wealth of information available for potential buyers to review before making an offer. Negotiating Power: Buyers exploring homes that have not gone pending for over 30 or 60 days may have an advantage in negotiations, as sellers might be more open to compromise to finally close the deal. In conclusion, considering homes that have been on the market for an extended period without going pending can present unique opportunities for buyers. From potential price reductions to uncovering hidden gems and negotiating power, these properties deserve careful consideration, especially for those seeking value and favorable terms in the real estate market. However, it’s essential to conduct thorough research and inspections to ensure the home aligns with the buyer’s needs and preferences. ✅ 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 ⤵️ https://www.youtube.com/channel/UCo7c… ————— 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! 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. ✅ 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 #RealEstateAgent #InvestmentOpportunity #FinancialFreedom #RealEstateBusiness #IncomeStream #WealthCreation #PropertyInvestment #RealEstateCareer #SixFigureIncome #RealEstateTeam #SuccessMindset #RealEstateMarket #EntrepreneurLife #RealEstateProfessionals #FinancialGrowth #RealEstateGoals #thurstoncounty Let me help you find your diamond in the rough Home 🏡 Stop getting in the bidding war hype and get an amazing deal on a home that has been sitting on the market for a little while.⏰ You will be amazed how much you can save!💰 #InvestmentProperty #NewBeginnings #RealEstateLife #RealEstateInvestor #PropertyFlipping #InvestmentSuccess #RemodelProject #PropertyLovers #HomeSweetHome #InstaRealEstate #buildingwealth #exprealty #olympiawa

Opportunity Zone Map – And New Airport in Olympia? Really!

Is your city on the Opportunity Zone Map? I attached the link below to the Map. What is an Opportunity Zone? Do we need a Airport in Olympia, not Sure? “Opportunity Zones are economically distressed communities, defined by individual census tract, nominated by America’s governors, and certified by the U.S. Secretary of the Treasury via his delegation of that authority to the Internal Revenue Service. Under certain conditions, new investments in Opportunity Zones may be eligible for preferential tax treatment. There are 8,764 Opportunity Zones in the United States, many of which have experienced a lack of investment for decades. The Opportunity Zones initiative is not a top-down government program from Washington but an incentive to spur private and public investment in America’s underserved communities”. https://opportunityzones.hud.gov/reso… Ron Rougeaux is based in Olympia but serves all of Washington State! Call /Text me 360-338-8355 Email CaptainRonJr@gmail.com

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

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