REAL ESTATE NEWS & INFO

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REAL ESTATE NEWS & INFO How Does the NAR Lawsuit Settlement Effect Real Estate in Washington? Sellers have been asking me what changes in compensation policy and practice will result from the pending National Association of Realtors (NAR) lawsuit settlement, for which the final settlement is scheduled to occur in November 2024. Washington State Law now mandates that all agents (in Washington, all agents are called Brokers) must enter into a […]
REAL ESTATE NEWS & INFO 2024 Good News for Real Estate Investments The 2023 housing market has seen many ups and downs, leaving investors wondering what to expect in 2024. The good news is that regardless of interest rate increases and lower than average inventory, real estate investments remain one of the most lucrative areas to invest in as we head into the new year.   https://blog.coldwellbanker.com/the-good-news-for-real-estate-investments-in-2024/ […]
REAL ESTATE NEWS & INFO Warmer Temps = Hotter Market Spring is widely recognized as the best time to buy a home, and it’s not hard to see why. The season is all about fresh starts and new beginnings, which feels just right when you’re about to make a big decision like purchasing a new home.   In Jefferson County there are 20% more sales […]
REAL ESTATE NEWS & INFO Spring Into Action for a Selling Success! What’s ahead in the real estate market? Probably another tight year of limited inventory, so do not expect a significant decrease in prices this year. Real estate prices increased by over 2% in Jefferson County last year. Mortgage interest rates are forecasted to come down a tiny bit. As we get further into the spring and summer market, I think […]
REAL ESTATE NEWS & INFO Washington State Agency Law Revisions   This past year, the Washington State legislature updated the real estate brokerage relationships effective January 1, 2024. Among other things, it is required that a Buyer Agency agreement be signed between an agent and a buyer when an agent begins to provide real estate services to a buyer. The changes are designed to clarify […]
REAL ESTATE NEWS & INFO Change On The Horizon: WA State Agency Law On January 1, 2024, important revisions to the law that governs real estate brokerage relationships (RCW 18.86) in Washington State – otherwise known as the “Agency Law” – become effective. These are the first significant revisions since the Agency Law took effect in 1997. The revisions, which are explained in detail in this bulletin and […]
REAL ESTATE NEWS & INFO Is It Time To Have Your Septic System Inspected? The health and longevity of your septic system is very important. When did you last have your septic system inspected? Regular inspections help prevent septic system failures. Jefferson County provides rebates for inspections and some maintenance tasks. Below is information from Jefferson County Public Health.  The link below takes you to Jefferson County’s website where […]
REAL ESTATE NEWS & INFO Minor Kitchen Remodel 101   **Why a Minor Kitchen Remodel Can Significantly Increase Your Home’s Value** A kitchen, often touted as the heart of the home, plays a pivotal role in determining a property’s overall appeal and value. Many homeowners, when thinking about home improvements, consider major overhauls that can be both time-consuming and costly. However, minor kitchen remodels […]
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REAL ESTATE NEWS & INFO MARKET REPORTS: JEFFERSON, CLALLAM AND KITSAP COUNTIES Here’s a look at the current real estate markets in Jefferson, Clallam, and Kitsap Counties. Click here to view the area reports:   Jefferson Co: https://mce.cbprospectsquare.com/MCE/prj/cwb/links/mt/mtmain.asp?et=MT&ak=91041&makey=97475   Clallam Co: https://mce.cbprospectsquare.com/MCE/prj/cwb/links/mt/mtmain.asp?et=MT&ak=91041&makey=97473   Kitsap Co: https://mce.cbprospectsquare.com/MCE/prj/cwb/links/mt/mtmain.asp?et=MT&ak=91041&makey=97477
REAL ESTATE NEWS & INFO I JUST WANT A LITTLE WATERFRONT GETAWAY… This is a request I get frequently. I am sorry to say it is a request that comes with the most sticker shock. In the past year, there have been 79 waterfront properties listed and sold in Jefferson County. Of those 79 only 4 have been priced under $300,000. The average sold price for a […]

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