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So far shannonbellpeterson has created 333 blog entries.

What To Expect as Appraisal Gaps Grow

In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of buyers being willing to pay more than the market data supports is increasing.” [...]

June 29th, 2021|

Homebuyers: Hang in There

Some Highlights Today’s sellers’ market provides unique challenges—and benefits—for buyers.Current low interest rates won’t last forever, and home prices are forecast to rise.If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the long-term benefits outweigh the short-term challenges. The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping [...]

June 25th, 2021|

Just Listed in N. Tacoma – $640,000

3112 N 21st, Tacoma, WA 98406 Situated near Proctor and UPS - a great walkability home! Renovated in 2014 - this 1940 built home has continued to be improved upon with the addition of a new furnace in 2019 and a new roof that was just installed. "Open" living on the main level is enhanced [...]

June 17th, 2021|

Just Listed in N. Tacoma – $775,000

1422 N Oakes St, Tacoma, WA 98406 A North Tacoma home that is "done"-this one wraps you like a cashmere blanket- luxurious and warm! Completely updated by a talented contractor/designer pair that know just how to finish their home to make it comfortable for years to come-now you get to benefit. Fully remodeled to the [...]

June 16th, 2021|

New Price – Lakewood – $850,000

7517 W Dowerdell Lane, Lakewood, WA 98499 Historic storybook home built by Tacoma lumberman, John Dower. This home served as a respite for city dwellers and has been beautifully maintained by only 3 owners-grand rooms provide classic elements and architectural detail. Original oak/birch hardwood floors, custom cabinetry and trim reflect the period grandeur. Magnificent windows [...]

June 16th, 2021|

Why This Is Not Like 2008 Again

During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. The financial crisis that accompanied the current pandemic caused hardship to certain industries and hurt many small [...]

June 10th, 2021|

Visualizing the Recent Explosion in Lumber Prices

Published 1 week ago on May 8, 2021By Marcus LuGraphics/Design:Harrison Schell Lumber is an important commodity used in construction, and refers to wood that has been processed into beams or planks. Fluctuations in its price, which is typically quoted in USD/1,000 board feet (bd ft), can significantly affect the housing industry and in turn, influence [...]

May 18th, 2021|

Just Listed in Federal Way – $625,000

 1068 SW 325th Ct, Federal Way, WA 98023 This home will check all of your boxes-plenty of living spaces inside and out, quiet cul-de-sac, green space, storage galore, and architectural character all wrapped up with a bow labeled "quality". This home has been well loved and cared for by the same owners for over 30 [...]

May 13th, 2021|

Just Listed in East Tacoma – $275,000

6716 E E St, Tacoma, WA 98404 Investors - a great opportunity - a 10,000sf corner lot with existing home, detached garage and lots of room to get creative - multiple structures? Underlying lot lines allow for parcel segregation - Buyer to conduct own due diligence. Home sold "As-Is". Cash offers due to listing agent [...]

May 13th, 2021|

Just Listed in Tacoma – $325,000

2410 Yakima Ct, Tacoma, WA 98405 Urban Tacoma Living - this home is situated in a locale that allows for easy access to downtown, commute, and amenities. Smart living floor plan - a secured entry from 1-car attached garage, upper level has open concept living- high ceilings and oversized windows give this a great modern [...]

May 12th, 2021|