Olympia Real Estate Blog

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.

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.