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So far shannonbellpeterson has created 75 blog entries.

Local Market Update

See the table below.  I’ve taken a snapshot of our market to show just one story in our market this year.  I’ve used my neighborhood, zip code 98406, to illustrate the workings of 2017.  If you look at the “Year to Date” column you’ll see that number of listings last year was roughly the same [...]

January 11th, 2018|

Washington and Idaho were top draws for people relocating in 2017

By Debbie Cockrell dcockrell@thenewstribune.com January 02, 2018 02:21 PM UPDATED 3 HOURS 4 MINUTES AGO Washington is a move-to destination, and Atlas Van Lines offers its 2017 migration data as proof. The mover’s latest migration study shows the state was one of the top destinations for people relocating last year, second only to Idaho. Atlas [...]

January 3rd, 2018|

How Rising Prices Will Help You Build Family Wealth in 2018

Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchases and closes on a $250,000 home this [...]

January 3rd, 2018|

Housing Prices are NOT Heading for Another Crash

As home values continue to increase at levels greater than historic norms, some are concerned that we are heading for another crash like the one we experienced ten years ago. We recently explained that the lenient lending standards of the previous decade (which created false demand) no longer exist. But what about prices? Are prices [...]

December 21st, 2017|

There’s No Place Like Home

“Housing will never stop homelessness but community will.” -Alan Graham, founder of Mobile Loaves & Fishes and Community First! Village. Last week I had the opportunity to spend Thanksgiving week at a very special place. I was brought to Community First for a retreat my friend Christina Trevino of “Emotion Leadership” was hosting. I planned [...]

December 1st, 2017|

2 Charts That Show the Truth about Home Affordability

There is a lot of discussion about the current state of housing affordability for both first-time and move-up buyers, and much of the narrative is tarnished with a negative slant. However, the truth is that housing affordability is better today than at almost any time in our history. The naysayers are correct in the fact [...]

November 29th, 2017|