Chad Hauer Video Real Estate Blog

What the Tiny House Movement Says About Today’s Buyers

Want to sell your home? Get a FREE home value report.

Want to buy a home? Search all homes for sale.

I recently had a client ask which is more important - size or quality of a home. Do buyers want more square footage in a home, or do they want higher-quality finishes?

I would definitely say the trend we’re seeing in Pierce county real estate in the last few years is people less concerned with a lot of square footage, and more interested in good use of space, and smaller homes with high-quality finishes. A perfect example of this would be the tiny house movement, especially in the great Seattle area market. People are wanting to live green.

We’re actually going to have an event where we want you to come check out a tiny house in downtown Gig Harbor on Saturday, August 6th from noon to 2 p.m. Our event will have food and drinks, and we want you to see the amazing amount of things you can do with a very small amount of space.

“

Tiny houses are a great way to get into land ownership.

”

Tiny houses are a great way to get into land ownership; simply buy a lot and build an inexpensive tiny house. Many tiny houses are built to be off the grid, so you don’t need any power or utilities. It’s a pretty incredible option we’re seeing right now.

If you have any other questions or you’re interested in buying or selling a home, reach out to me soon. Let’s talk today!

Second Quarter Market Snapshot for Pierce County

Want to sell your home? Get a FREE home value report.

Want to buy a home? Search all homes for sale.

The numbers are in for the second quarter here in the Pierce County real estate market. For reference, we’ll compare them to the second quarter of last year.

Starting with the median sold price, it has risen to $260,000 up from $234,000 last year; a 10% increase. Additionally, average days on market have gone down, which is impressive, considering that it was just 24 days in the second quarter of 2015. This year’s second quarter, we’re down to just 10 days on average.

Homes are selling quickly. And even with the decrease in inventory, we’ve seen an increase of 7% in homes sold. One stat that has remained the same quarter over quarter is the amount homes are selling for compared to list price - that ratio is still at 100%. On average, sellers are getting the full asking price. It’s a pretty phenomenal time to be a seller.

“

It’s a pretty phenomenal time to be a seller.

”

As a buyer, inventory is low, but interest rates are low as well, so it’s still a great time to buy. Properties values continue to climb!

Thanks for watching today. If you have any questions for me, please feel free to give me a call or send me an email. Let’s talk soon.

Will Home Appreciation Increase This Year?

Want to sell your home? Get a FREE home value report.

Want to buy a home? Search all homes for sale.

If you’re considering moving from one state to another or thinking about investing in a second home, CoreLogic recently created an important infographic on forecasted year-over-year home appreciation values. It explains their projections about the real estate market based on more than 100 analysts, broken down by each state.

The country’s predicted average of home appreciation is 5.5%. In Washington, it rests at 7% appreciation. If we look back at history, data from around World War II shows homes appreciate at 5% a year. That’s a good indicator we can reference.

“

The country’s predicted average of home appreciation is 5.5%.

”

We’ve experienced significant growth in our marketplace, but it’s starting to stabilize. Overall, the housing market continues to grow and expand. It looks like we’re in good standing!

Thinking about buying or selling a home in Pierce County? Give me a call or send me an email as soon as you can. I’d be happy to talk!

Your Home Has More Equity than You Think

Want to sell your home? Get a FREE home value report.

Want to buy a home? Search all homes for sale.

I’ve got some very exciting news to share with you regarding the current real estate market. If you’ve been thinking of selling recently, you’re going to love what we have to say.

CoreLogic recently did a study on home equity. They defined “significant equity” as being 20% or more equity in your home from the time you bought it.

They asked Americans if they felt they had significant equity in their homes, and 37% said yes. That’s the perception among homeowners. In reality, 72.6% of Americans do in fact have significant equity in their homes. In Washington, that number is even higher, as 80% of homeowners have more than 20% equity in their homes.

In the chart below, you'll see that 91.5% of Americans also have positive equity in their homes.

It’s a great time to own real estate and may be a great time to sell if you've been considering it. If you have any questions for us, don’t hesitate to give us a call or send us an email. We look forward to hearing from you.

What Did the First Quarter in Tacoma Real Estate Look Like?

Want to sell your home? Get a FREE home value report.

Want to buy a home? Search all homes for sale.

Today, I’ll go over what happened in the Tacoma real estate market during the first quarter of 2016.

We have had a hot real estate market so far this year. Right now, Pierce County is the fastest growing county in Washington State. There were so many multiple offers in King County that King County’s median sales price is actually double the median sales price in Pierce County. Buyers have begun to figure out that they can save money by buying in Pierce County, and that’s why the market has grown tremendously.

During the first quarter of 2015, a 3-bedroom, 2-bathroom, 2,000 square foot home sold for an average price of $255,000 and spent about 42 days on the market. This year, that same size house is selling for $312,500 and only spending 22 days on the market. That sales price has gone up by 18.4%, and homes are spending almost half the time on the market as they were last year. That’s incredible!

That’s great news for sellers, but buyers still have a great opportunity to build wealth by owning a home instead of paying those expensive rental rates. If you have any questions, give me a call or send me an email. I would be happy to help you!

Subscribe to: Posts ( Atom )

About

To provide a superior level of service to my Clients that will naturally result in future referral business. Through exceptional Customer Service, Ongoing Education, Doing What I Say I''ll Do, and basing my everyday decisions on "The Golden Rule", I will inherently create lasting relationships that will add to the quality of my life as well as that of my clients & associates.

There would be nothing more rewarding to me than to earn the repeated business of you, your family, and your friends! If there is ever anything I can do for you please don''t hesitate to contact me…and ask me about my Client Care Program and how it can help you!

Subscribe to our Podcast

Chad Hauer
Hauer Real Estate Group
Keller Williams

7525 28th St W
Tacoma, WA 98466

Team: (253) 377-3039
Chad@HauerHomes.com
hauerhomes.com

Client Testimonials

Click to hear recent
testimonials from happy clients

Frankie -“His organization does a lot of charity. I was working at the rescue mission at the time and his group, they usually go there a couple of times a year to help out, feed the homeless population, and support. So, we met there. I asked for his card, you know, maybe interested in the future. Once I found out that my family, we decided that we wanted to sell the home and move to another location we called him up and he was very happy to help me out. He gave me a lot of help, I mean, in less than a couple of days one of his associates called me up and we were just moving at lightening speed. They’re very courteous, always calling, they make you feel like a family.”

Amy -“I didn’t work with Chad directly, I worked with another member of his team. She really sat down with us during the time when she was giving us comps for the area and size of our home. She really sat down with us and taught us and she had the heart of a teacher and went above and beyond details that other realtors that we interviewed did not give us. I would definitely refer someone to the team and let them know that they really work one-on-one, are very personable, and they’re on top of all the details.”

Bethany -“He was a referral from a friend of a friend and he helped me purchase my first home about seven years ago. I was so impressed with his customer service and his attention to detail, so when I decided to sell my home I decided to stick with him. He is a passionate and driven person who is service minded. He will hold your hand through the whole process and make sure that you make the best decision for you.”

Lynette -“Great! Most of what he did was above and beyond. Some of the things that happened were quite frustrating and he was there with a solution every time.”

Yvonne -“Chad sold my house in one day! He also helped me with the process, he gave me advice on how to best sell my house on whether or not to do that by owner, what type of financing to request, he put me in contact with a real estate attorney. He sold my house in one day and helped me do all of this stuff, so I think he did pretty darn good!”

Rob Lenza -“And one of the reasons that we continued to use him is because of the dedicated resources that he gives to the clients. In particular, the marketing resources and the additional staff members that kind of helped and push everything forward. In my opinion, that kind of goes above and beyond the one-person real estate agent who doesn’t do a whole lot of marketing and that sort of thing.”