Jennifer Gilbert-Smith, Managing The Real Estate Details

Jennifer Gilbert-Smith, Managing The Real Estate Details Since 2002, providing outstanding, memorable residential real estate sales services with integrity! My Values: Professionalism • Integrity • Service • Growth

My Values: Professionalism • Integrity • Service • Growth

I’ve enjoyed helping buyers and sellers achieve their real estate goals since 2002 and am proud to work almost exclusively with past clients and referrals these days. I listen to my clients and aim to exceed their expectations with a high standard of professional service and integrity. I believe that honesty, prompt communication, and usin

g the latest technology lead to the most efficient and successful real estate transactions. As my business evolved, I became interested in assisting others with their real estate careers and brokerage management. I attained my managing broker’s license in 2006 and became a certified real estate instructor in 2007. Over the years I gained experience as an Instructor, Business Development and Technology Specialist for a multi-branch firm, Sales Manager, Assistant Manager and Branch Manager. While I continue to enjoy serving as a trusted advisor to many buyers and sellers, I also own and manage my own real estate firm. I establish policies and oversee all the business activities, including those of other brokers licensed with my firm. Since the real estate industry is always changing, I’m passionate about using and sharing the best, most efficient real estate sales practices with my clients and other brokers.

In terms of the alignment between what homes are available and what local households can afford, some markets are catchi...
06/19/2026

In terms of the alignment between what homes are available and what local households can afford, some markets are catching up to where they were before the COVID-19 pandemic. Nineteen of the nation's 100 largest markets have fully recovered or even surpassed their pre-pandemic balance between home prices, incomes and available listings, according to the Housing Mismatch Report from NAR and Realtor.com.

Some high-cost markets, including Honolulu, San Jose, Calif., and San Francisco, improved as inventory increased and price growth moderated. Meanwhile, Sun Belt markets such as Houston, San Antonio, Texas, and New Orleans benefited from years of new construction that helped keep housing supply closer to local demand.

The percentages represent the listing-income alignment score. A 100% means that listings in that market are well distributed across income tiers. Scores below that indicate an affordability challenge. A score of 75% indicates that, on average, households can access only 75% of what a balanced market would offer them.

Existing-home sales increased by 3.2% month-over-month and year-over-year, according to the National Association of REAL...
06/17/2026

Existing-home sales increased by 3.2% month-over-month and year-over-year, according to the National Association of REALTORS® Existing-Home Sales report.

Month-over-month sales increased in the Northeast, Midwest and South, and were unchanged in the West. Year-over-year sales rose in the Midwest, South, and West, and fell in the Northeast.

Total Existing-Home Sales for May
- 3.2% increase in existing-home sales month-over-month.
- 3.2% increase in existing-home sales year-over-year to a seasonally adjusted annual rate of 4.17 million.

Inventory in May
- 1.55 million units: Total housing inventory, up 3.3% from April and up 0.6% from May 2025.
- 4.5-month supply of unsold inventory, no change from last month and down slightly from 4.6 months one year ago.

Median Sales Price in May
- $429,300: Median existing-home price for all housing types
- 1.3% increase from one year ago ($423,700)—the 35th consecutive month of year-over-year price increases.

Pets Drive Home Buying: More than two-thirds of U.S. households own at least one pet, with cat ownership increasing 5% a...
06/16/2026

Pets Drive Home Buying:
More than two-thirds of U.S. households own at least one pet, with cat ownership increasing 5% and dog ownership increasing 2% last year, according to the American Pet Products Association. What does this mean for real estate? An increasing number of home buyers consider their pet to be a key factor in their decision-making.

Read more: https://www.nar.realtor/news/economists-outlook/pets-drive-home-buying

More Homes. More Choices. Buyers across Washington had more options in May than at any point so far in 2026. Active list...
06/11/2026

More Homes. More Choices.
Buyers across Washington had more options in May than at any point so far in 2026.
Active listings increased to 21,381 homes across the Northwest MLS service area, giving buyers 2,818 more homes to choose from than the previous month. Inventory is now at its highest level of the year.

At the same time:
- 8,168 homes went under contract in May, up 7.7% from April
- The median sales price remained steady at $650,000
- Active inventory increased 16.8% compared to a year ago

What does this mean for buyers and sellers?
For buyers, increased inventory may mean more choices and opportunities than we've seen in recent years.
For sellers, homes are still selling, with more than 8,100 properties going under contract during the month.
Every market is local. Contact me to understand what's happening in your neighborhood, community, and price range!

The full report: https://www.nwmls.com/inventory-continues-to-grow-while-home-prices-remain-stable/

Home Equity Gains: Over the last decade, homeownership has been one of the strongest drivers of household wealth creatio...
06/05/2026

Home Equity Gains:
Over the last decade, homeownership has been one of the strongest drivers of household wealth creation in the U.S. Nationally, homeowners accumulated 10-year equity gains equivalent to about three years of household income. In some metro areas, the gains were even more substantial. Homeowners in markets like San Jose, Los Angeles and Miami accumulated 10-year equity gains equivalent to more than five years of local household income, highlighting how long-term homeownership can significantly contribute to financial stability and wealth building.

Residential Public Marketing: On June 11, 2026, Public Marketing of Residential Homes becomes required by law in Washing...
06/04/2026

Residential Public Marketing:

On June 11, 2026, Public Marketing of Residential Homes becomes required by law in Washington State. This means that when a real estate broker is hired to market a home, it must be listed on the NWMLS to ensure it’s visible and available to all brokers and buyers. This process provides sellers with maximum exposure, which helps secure the best price and terms, and also establishes fair and equitable opportunities for all buyers. It isn’t fair when some listings aren’t available to all buyers.

Many real estate brokerages and brokers in WA are looking forward to this law taking effect since it will assure an open, fair, transparent, and comprehensive marketplace for residential properties that promotes competition and fair housing. Buyers and sellers may continue to participate in off-market purchase and sales with the guidance of brokers; the new law doesn’t change this, as it only pertains to marketing.

Have questions? I'm here to help!

Address

33515 10th Place S, Bldg 16, Federal Way
Federal Way, WA
98003

Telephone

+12536539033

Website

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