Marilyn Smith

10/07/2024

Market Update:

Thinking about buying or selling a home in Western Washington? Here’s a quick snapshot of the current market trends!

📉 **Home Prices:** The market has been shifting with home prices stabilizing after recent highs. While we’re not seeing the rapid price increases of past years, values are holding strong in most areas.

⏳ **Market Speed:** Homes are still moving quickly, but buyers now have a bit more time to make decisions. The average time on the market has slightly increased, giving buyers more opportunities to find their dream home.

💵 **Interest Rates:** Mortgage rates remain an important factor to watch. Higher rates are influencing buying power, so if you’re planning to finance, make sure you stay informed on rate changes.

🏘️ **Inventory:** We’re seeing more homes available for sale compared to last year, offering buyers more options. However, certain neighborhoods remain competitive, especially in areas close to Seattle, Bellevue, and Tacoma.

🌟 **Seller’s Advice:** It’s still a great time to list your home, but be ready to price competitively and prepare your property for today’s buyers.

🔍 **Buyer’s Advice:** With more homes to choose from, now might be a great opportunity to find the right home for you, especially with a little more breathing room in the buying process.

If you have any questions about the current market or need personalized advice, feel free to reach out! I’m here to help you navigate the ever-changing world of real estate.

08/13/2024

The current real estate market in Thurston County, Washington, shows a mix of stability and moderate growth. As of August 2024, the median sale price for single-family homes is around $560,000, reflecting a 4.7% increase over the past year. Condos, meanwhile, have seen a slightly higher increase in value, with a 5.76% rise, bringing the median sale price to $370,000.

Homes in the area are selling fairly quickly, with an average of 13 days on the market, and most properties are closing near their list prices. However, buyers have a bit of negotiating power, as the average sale price is just under the list price. The number of homes sold has decreased slightly compared to the previous year, reflecting a tight inventory, which is a common trend in many parts of the country right now.

Overall, while the market remains competitive, it offers some opportunities for both buyers and sellers, depending on the specific type of property and timing.

If you're interested in buying or selling a home I would love to help you.

Contact me at 360-789-5768
[email protected]
My website marilynsmith.myrealtyonegroup.com

See house prices and market trends in Thurston County, WA. View recently sold homes in Thurston County and see average sale price, price per square foot, and number of competing offers.

08/05/2024

📈🏡 **Current Real Estate Market Update - August 2024** 🏡📈

Hey everyone!

I wanted to share a quick update on the current real estate market trends in our area. Whether you’re looking to buy, sell, or just stay informed, here’s what’s happening:

🔹 **Inventory Levels:** Homes for sale are slightly down compared to last month, creating a competitive market for buyers. If you're thinking about selling, now might be a great time!

🔹 **Prices:** We’ve seen a steady increase in home prices, with the median price up by 5% year-over-year. It’s a seller’s market, but buyers can still find great deals with the right strategy.

🔹 **Interest Rates:** Mortgage rates remain relatively low, which is good news for both buyers and refinancers. Locking in a low rate can make a significant difference in your monthly payments.

🔹 **New Listings:** New listings are getting multiple offers quickly, often within days. If you’re in the market to buy, be prepared to act fast and have your pre-approval ready.

🔹 **Neighborhood Insights:** Our local area continues to be a hot spot with its vibrant community, excellent schools, and convenient amenities. If you love our neighborhood as much as I do, now’s the time to invest!

Feel free to reach out if you have any questions or need advice on navigating the market. Whether you’re buying, selling, or just curious, I’m here to help!

Cheers,

Marilyn Smith Realty One Group

07/24/2024

Welcome busy Bee Automotive

07/18/2024

07/16/2024

07/16/2024

📢 **Thinking About Buying Real Estate? Now Might Be the Perfect Time! 🏡** 📢

If you've been considering purchasing a home, now could be an ideal time to make your move! Here are a few reasons why:

1. **Interest Rates**: Interest rates are currently favorable, which means you could secure a lower mortgage rate.
2. **Market Trends**: The market is showing strong trends that could benefit buyers.
3. **Inventory**: There's a good selection of properties available, giving you more options to find your dream home.
4. **Seasonal Deals**: Many sellers are motivated to close deals before the end of the summer, leading to potential bargains.

Don't miss out on this opportunity to invest in your future. Whether you're a first-time homebuyer or looking to upgrade, now is a great time to explore your options.

Feel free to reach out if you have any questions or need guidance on the next steps!

07/08/2024

Never buy a home without getting an inspection! You never want to be stuck with high cost repairs that force you to leave your home.

06/28/2024

Navigating the journey to homeownership in a seller's market can be challenging, but it's definitely possible with the right strategy! 🏡✨ Here are some tips to help you succeed:

1. **Get Pre-Approved:** Secure your financing early to show sellers you're serious and ready to buy.
2. **Know What You Want:** Define your must-haves and nice-to-haves to streamline your search.
3. **Be Ready to Move Quickly:** Homes sell fast, so act decisively when you find the right one.
4. **Work with a Skilled Agent:** A knowledgeable real estate agent can provide crucial insights and negotiate effectively on your behalf.
5. **Be Flexible:** Be open to different neighborhoods or home features to expand your options.
6. **Stay Positive:** The process can be tough, but persistence pays of.

I am always here to help you Navigate the road to homeownership.