Happy National Small Business Week!
Do you know a realtor &/OR someone else who could benefit?
You can also mention to the realtor that 43.4% of 1,291 people surveyed said they were much less inclined to tour a home if the listing contained spelling errors or grammatical mistakes (this data is taken from a short article titled: "4 Reasons a Realtor Should Work with a Real Estate Writer") link to article here: https://www.macewriting.com/blog/4-reasons-a-realtor-should-work-with-a-real-estate-writer
If the realtor/(s) you communicate with are interested in seeing my writing sample (my article below titled: "How is the housing market in the Puyallup, WA area?" would be a recent writing sample in their industry). Regardless if they want to see my article sample, but are interested, please let them know you'd like to introduce us (me and the realtor) and is it okay if I can reach out to them for a free chat by asking the realtor if you can give me their email address and phone number. If they say yes, please provide me their name, where they work (company and location I just ask they be U.S. based), how you know them, and their phone number (please designate if it's their office, cell, etc.) and email address. You can also have them contact me (if they prefer that way) and can contact me by filling out the form at my website: worksolutionstoday.com (there's a "Contact" link) to ensure their email doesn't end up in my "Spam" folder where then I wouldn't receive it. Here's the direct link to that contact form on my website: http://www.worksolutionstoday.com/contact.html (Feel free to send a follow up email to me after you send me an email to ensure your email to me didn't end up in the "Spam" folder and I wouldn't receive it).
In the event that you don't know a realtor/(s) to introduce me to, if you know of anyone else (including yourself) who could benefit from having an article/(s) written for your business or company you work for (think of your newsletter, social media, website, etc.), feel free to reach out to me to learn more. If you have any other article/blog/writing/editing needs outside of this (i.e. shorter or longer word counts, etc.) then feel free to reach out to me as well. 🙂
My article below (that may only be shared through my newsletter) and not used as your own work to post as you please, etc:
How is the housing market in the Puyallup, WA area?
With the average mortgage payment in Washington State being $2,110, and rents in Puyallup, WA ranging from $2,395 per month to $2,425, for an average 3-bedroom apartment one may consider purchasing a home if they’ve been renting for some time, plan to stay in the area for the foreseeable future, and want an appreciation of an asset they own (versus no return on their investment with renting).
According to Redfin.com, the Puyallup housing market is somewhat competitive. Homes for sale average 2 offers before they sell and sell in approximately 53 days compared to 6 days last year (these stats are as current as February 2023). According to this same source, the average sale price for a home in Puyallup is $480,000 which is down 8.6 percent since last year.
Walletinvestor.com answers your 5 burning housing market questions for Puyallup:
1. Is it a good time to buy a home in Puyallup? Is investing in real estate in Puyallup worth it?
It wouldn’t be a good investment for the short-term (i.e., one-year).
For a 5-year investment the profit is expected to be around +10.06% which means that investing $100,000 today (March 2023) may yield a profit of $110,060 by 2028.
2. Will the median listing price of homes in Puyallup grow, rise, and/or go up?
Yes, the Puyallup home prices may rise from $379,202 to $386,531 in one-year.
3. Is it profitable to invest in Puyallup homes?
Yes, the long-term profit potential is +1.93% in one-year.
4. Will Puyallup house prices fall/drop? Will real estate prices decrease in Puyallup?
No. It is unlikely to happen.
According to this same source, median home values in Puyallup increased by 2.065% to $379,202 between February 28, 2022 and February 28, 2023. The average annual profit of a property investment was:
· 8.012% in 2018
· 5.863% in 2019
· -6.151% in 2020
· -0.20095% in 2021
· 2.160% in 2022
· 0.000001% in 2023
Based on Walletinvestor.com’s Puyallup real estate market research and report, the predicted sales prices will increase by 19.157% in the next 10 years. More supporting evidence of the predicted increase of the value of homes in Puyallup, is that over the last 12 months, the value of homes in Puyallup fluctuated: with an increase of 11 times and a decrease of one time.
Rockethomes.com provides data that doesn’t support now being a buyer’s market, however, by knowing this information can help you make better strategic decisions if you decide to buy. According to a February 2023 Puyallup Housing Market report updated the beginning of 2023, when asked if Puyallup is a buyers or seller’s market, they replied sellers which means prices tend to be higher and homes sell faster. According to this same source, it’s been a seller’s market since February 2022. The prices of homes in Puyallup keep rising, according to Rockethomes.com, homes in Puyallup have sold for 7.2% more than they did a year ago. However, even with the rising prices of homes so are the sale of them. In January 2023, 18 homes were sold in Puyallup compared to 114 in February 2023. They predict March 2023 to have +533.3% for homes sold in Puyallup (Rockethomes.com).
As a result of rising sale prices of homes in Puyallup, Rockethomes.com advises that if you’re buying a home in Puyallup, you could end up paying more than the asking price since 34.2% of homes here are sold above the asking price according to data for last month. To provide further data supporting this point, in February 2023, more than 39 listings in Puyallup were sold above the asking price. During that same period, more than 37 listings were sold at the asking price and 38 sold below. (As mentioned at the beginning of Rockethomes.com’s research, by knowing this information can help you make strategic decisions such as don’t pay more than the listing price!)
What is the news saying about the current housing market? According to a local news article on mynorthwest.com on March 1, 2023, “Seattle’s housing market has cooled: is now the time to buy?” They discuss their opinions and advice from local real estate experts. According to their article, “Seattle’s once-sizzling housing market has cooled off a lot which is potentially good news for those looking to buy. Because according to a National Survey, housing prices across the country declined for 6 months in a row. That drop has been the sharpest in San Francisco and Seattle.”
Although this same source thinks it may be potentially a good time for buyers, they want us to be aware of these 2 but’s:
1. There aren’t that many houses for sale.
2. Interest rates are much higher than they were a year ago. The current rates in Puyallup are 6.39% for a 30-year fixed loan (according to businessinsider.com).
Calev, a Bellevue, Washington realtor remembers that a year ago there were bidding wars for homes that were for sale compared to now, “It’s not that way; it takes a little longer. About 40% of homes sell in the first 30 days, which is still not bad. It used to be 80% of homes were selling in the first 30 days.” According to Calev housing prices have dropped: “From the height of the market, which was in May, they came down 15%,” she said. According to this same news source, the main reason being because of the high interest rates. According to this same source, the week before last (mid-February 2023) mortgage purchase applications had declined by 18%. That’s the lowest level since 1995! Purchase applications were down 41% in just one-year.
Luke Zender, a Washington home lender, stated: “I think there’s great opportunity here again. It’s important to get into the home. It’s kind of like the term, ‘marry the house, date the rate’. The rate can change and you can refinance at any time.” That’s the pitch from many lenders because the house you buy today will most likely cost less than it did a few months ago.
For up-to-date news in the Real Estate market, visit: https://www.realestatenews.com/ which is a daily news website focused on the residential real estate market.
By: Carly Calabrese, Career Coach/Professional Writer
Visit: worksolutionstoday.com for more information
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- Chase emails you offers that you can receive money back if you click on them and use them by certain dates with your corresponding Chase debit cards. You can receive money back for various businesses you already may shop at/use. In the past, I've received money back (automatic deposit) for an oil change at Valvoline since it was one of the featured merchants through Chase's offers. I already went to this place, so it wasn't like I was just going to get the offer. I especially liked Valvoline even more when Covid hit (since even before Covid hit) they let you sit in your car while your oil gets changed. 🙂 Just think, you can use Chase's money back offers in addition to a coupon that you may have for the merchant as well for even more savings. 😊
- Last year when I reported charges that weren't mine to Chase (fraud) of course they investigate it & will take back the money if it wasn't fraud, but in the mean time they front you the money literally within hours of you reporting it (unlike another local credit union which you wait weeks for your money back).
The 31-second video that I mentioned I shot (click on this link to watch it): https://drive.google.com/file/d/1ctPb6crKXAkdhbSMtXvtmAAyGctyadau/view?usp=sharing
Some tips on what to do to have success with viewing the Chase video:
- Before clicking on the link to listen, ensure your speakers on your computer (or device) are on and loud enough to hear (also ensure any external speakers are plugged in correctly, on, and loud enough for you to hear as well [if you have external speakers], if not disregard this).
- Click on the white sideways triangle with the circle around it to play the video.
I can earn $50 per person I refer that opens a qualifying Chase checking account (up to $500 per calendar year). Here's my Chase referral link to use when opening your account: https://accounts.chase.com/raf/share/1152071574
Please let me know when you do open your Chase account (so I can look out for my referral bonus) and for any questions you may have regarding this. 🙂 Thank you! 🙏
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