Olympia Real Estate Blog

Real Estate Blog on the Olympia, Washington and Greater Thurston County real estate market and trends.

Tag >> homes
Apr 01
2009

The Business Cycle: Where Are We Now?

Posted by James Hickman in real estate trendsreal estate marketreal estate investmentsmortgagehouseshomes

In our economy, we evaluate the business cycle in terms of phases:  Contraction, Trough, Expansion, and Peak.  In spite of efforts, even economic masterminds cannot predict when the next phase will come.  It can even be difficult to tell which phase we are currently in.  The contraction is determined by economic slowing, measured in terms of indicators such as Gross Domestic Product.  It is clear that we crossed this threshold some time ago.  The trough is the phase that contains what we call "The Bottom", which is what we have been hoping and praying for.  The trough is a springboard for the expansion phase, where the economic pace speeds up and the country is prospering.  The peak contains the point at which the economy begins the next contraction.

So, where are we?  Many would say that we are falling further into the trough, based on reports of increasing unemployment foreclosure rates.  These are no doubt dire times for our country, but the bigger picture may be a bit brighter.

Mar 20
2009

Financing your real estate transaction

Posted by James Hickman in real estatemortgagelendershomesfinancingbuyers

The way you approach mortgage shopping can literally save thousands of dollars. Take time to understand the system and make educated decisions.  Doing so may very well cost you less over a shorter period of time.

If we can explain any steps along the way, please ask. We're always happy to help as well as referring you to our select group of qualified, reputable lenders.

Mar 10
2009

Quick Tips for Buyers

Posted by James Hickman in real estateOlympialandhouseshomesbuyers

It's a great time to buy a home, rental properties, land and/or real estate in the Olympia, Lacey, Tumwater and Greater Thurston County area ... so choosing your real estate professional is, perhaps, the most important decision you can make during your real estate journey. We believe the more you look around, the more you will see the value of working with our team.

However, no matter whom you choose, these simple tips will help you find and purchase the home of your dreams more quickly and efficiently. If you're a first-time buyer you can find more information here.

Feb 22
2009

Finding the Perfect Olympia Neighborhood

Posted by James Hickman in Olympianeighborhoodshouseshomescommunitiesbuyers

The neighborhood you choose can have a big impact on your lifestyle — safety, available amenities, and convenience all play their part.

Here are a few tips to that will help determine a great neighborhood for you to live in the Olympia, Lacey, Tumwater, Yelm and Rochester areas. 

Feb 12
2009

A Great Time To Buy Olympia Real Estate

Posted by James Hickman in waterfrontThurston Countyreal estate investmentsreal estatepropertyOlympialandhouseshomesbuyers

With the current market conditions and record low interest rates, now is a great time to buy real estate in the Olympia, Lacey, Tumwater, Yelm, Rochester, Fort Lewis and Greater Thurston County area.   

Choosing your real estate professional is, perhaps, the most important decision you will make when buying property. We believe the more you look around, the more you will see the value of working with us. 

Feb 06
2009

Setting The Right Sales Price

Posted by James Hickman in sellersreal estate marketpropertylandhouseshomes

Having the right sales price for your home or property is as important has ever due to the current market conditions. If you currently have a house, property or land listed and you've had zero response, most likely the price is too high.

Before we set the sales price of your house, we'll run a Comparative Market Analysis (CMA) that will show the listing price of similar houses in the area as well as the prices at which the houses actually sold. Additionally, the analysis will give us information about houses currently on the market and about houses that were on the market but never sold.

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