puyallup market update: Five Reasons for First-Time Homebuyers to BUY NOW! - 08/07/09 04:51 AM
5. Unemployment rates went down in the month of July for the first time this year.
4. Sales in July were up to the highest levels since May of 07.
3. Prices are at the same levels as 2005.
2. Interest rates are near historic lows, hovering around the low 5% for a 30-year fixed.
1. First-time homebuyers get an $8,000 tax credit if closed on a house by Dec. 1st, 2009.
 Inventory is being snatched up much more quickly. The good deals have offers on them right away. I have had two listings with full-price offers on them within 24 … (0 comments)

puyallup market update: South Sound Real Estate Market Shows Improvement - 08/06/09 12:43 PM
It seems everyone is talking about the ‘state of the economy' these days. Much of what has happened in the past year is a direct result of the real estate and banking industry, along with the Federal Government's attempts at "bail-out".
No wonder so many people are confused and struggling in today's economy. 
Yet, there is hope! The South Sound Real Estate market is showing signs of improvement with pending sales up to the highest levels since May 2007.
Building starts are up 11%, showing that builders are able to get funds to build, and the confidence to do so … (0 comments)

puyallup market update: Puyallup Real Estate Market Report - April 09 - 04/26/09 09:04 AM
Spring is here and so is the real estate activity in Puyallup. After a dismal 2008 and a rough start to 2009, it seems that buyers are beginning to come out and actually purchase homes in Puyallup. Granted a majority of the sold homes in the past month are bank owned or short sales, the increase in activity is a welcome sight.
The biggest indicator of the increase in real estate activity is the number of pending sales in Puyallup, 143 as of this posting for the past 30 days. Compare that to 68 pendings in March of 2009 and 86 pendings in … (0 comments)

puyallup market update: Loan Modification - Where do you turn? - 02/05/09 07:24 AM
Recently, people have been calling me about the financial hardships they are in and trying to find the solution to get out of trouble.
There are options out there for those who are struggling and there are people who can help and support through the process.
This article I found, Is a Loan Modification Right for You?, provided some great insight for me as a real estate agent helping people through these difficult financial times.
Feel free to comment and share what you are finding works and what is not working. The more we work together to get people through these … (0 comments)

puyallup market update: Puyallup Real Estate Market Report - September 2008 - 10/07/08 04:57 PM
The Puyallup market has mixed reviews for the month of September 2008. For the first time this year, sales cracked the 100 homes sold and 10% of listed homes sold in September. Pending sales were also up in September as compared to previous months.
On the flip side, the median sales price dropped $19,000 from August to $249,950 and the average sales price dropped $20,000 from the August average.
If buyers continue to gain confidence and more homes are sold, we should see the median sales price increase in the coming months. However, if buyers fall back into the "fear of … (0 comments)

puyallup market update: Puyallup Real Estate Update 9/8-9/14 - 09/15/08 04:20 PM
The Puyallup real estate market hit some strides this past week, be it small strides, but strides none-the-less. Residential pending sales were up and closed sales quadrupled from the second week of August.
Most of the sales took place in the $200,000 - $299,000 range, located on the far south end of town. Maybe with the Canyon Road expansion and the project underway on 94th, combined with the new strip mall developments on Meridian, south of 152nd, buyers are finding deals and finding that traffic isn't so bad.
With a new Target, Wal-Mart and other shopping lining the streets of Meridian, … (0 comments)

puyallup market update: Puyallup Real Estate Market Update 7/14/08-7/21/08 - 07/21/08 09:45 AM
The third week of July in the Puyallup Real Estate market can be marked by steady consistency. Pending sales rose for the third consecutive week, which is a sign more buyers are out there and more are making offers on homes.
Sold listings remained the same from week 2 to week 3 of July in Puyallup. More homes were on the market in Week 3 of July as well. With more homes on the market and the same number of solds, it appears the Puyallup real estate market is moving slightly in the buyers direction this week. The increase in pending sales is … (0 comments)

puyallup market update: Puyallup Real Estate Update 7/7/08 - 7/14/08 - 07/14/08 06:40 AM
Puyallup residential real estate pending sales were up from the previous week, which is a sign the real estate market in Puyallup is making the turn towards a sellers market, however it has a long climb to get there.
Buyers still have a significant advantage when purchasing in Puyallup. Oftentimes, sellers are paying the closing costs for buyers as an incentive to get a buyer to make the purchase. Some sellers are even providing downpayment assistance, in an FHA program such as Nehemiah or the Grant America Program. Several other grant programs are FHA and HUD approved and can be found on the … (1 comments)

puyallup market update: Puyallup Market Update 6/30/08 - 7/7/08 - 07/07/08 05:39 PM
Puyallup real estate continues to see more activity. Following a June that witnessed the most solds in a month so far this year, the first week of July continued to show an increase in activity.
There were three times as many solds in the first week of July as compared to the first week of June 2008. Interestingly enough the number of active listings in Puyallup dropped from 980 in the first week of June to only 904 in the first week of July.
The trend developing is fewer homes on the market and more people buying homes, which tends to … (1 comments)

puyallup market update: Puyallup Condo Market Report - June 2008 - 07/01/08 06:21 AM
June 2008
 The Puyallup condo market looks to be making a shift in the seller's direction in the month of June. Pending sales and closed sales were up in June compared to May 2008. There are many condo projects around Puyallup that are providing incentives for buyers to make a move.
With the median sales price dropping below $200,000 for a condo in Puyallup, it is affordable for many home buyers. The problem can come with getting approved for a loan on some condo projects, especially if it has been converted from an apartment to a condo. See the story of … (0 comments)

puyallup market update: Puyallup Residential Market Report - June 2008 - 07/01/08 06:04 AM
June 2008
The Puyallup Residential real estate market is showing signs of change. Buyers are still experiencing the edge when it comes to purchasing a home, but there are indications that change is on the way. There were fewer active listings in June as compared to May and there was a significant increase in the amount of pending sales.
With pending sales at the highest level of 2008 and the number of active listings on the decrease, it appears we are heading towards a shift in the market. When there are fewer homes available and more buyers purchasing you can expect … (0 comments)

puyallup market update: Parts of Pierce - Weekly Update (6/16/08-6/23/08) - 06/23/08 05:34 AM
Parts of Pierce County - Weekly Update 6/16/08 - 6/23/08
The Solinsky Home Team completes weekly research on the following cities of Pierce County. For more specific market information, contact Brian Solinsky at 253-848-5304.
Comparisons are made on a week by week basis.
Down = fewer pendings/solds compared to the previous week
Up = more pendings/solds compared to the previous week
=  = same pendings/solds compared to the previous week
 
In the week by week comparison, Puyallup showed an increase in pendings and solds. This was the strongest week for Puyallup residential since April.
Graham/Fredrickson and Lake Tapps/Bonney Lake areas … (0 comments)

puyallup market update: Pierce County Market Review - May 2008 - 06/16/08 06:28 PM
Single Family Residential Resales - Pierce County, WA - May 2008
May 2008 statistics reveal a sluggish real estate market in Pierce County. In single family residential resales there were only 741 closed sales as compared with 1,069 in 2007, a drop of 31% year to year. The median home sale price dropped from $270,000 to $254,000 in 2008 for a drop of 6%.
Orting was the only city with a minimum of 10 closed sales in '07 and '08 to show improvement in May '08 over May '07. Orting sales were up 32%, however the median sales price dropped 15% in … (1 comments)

puyallup market update: Puyallup Real Estate Market - 06/11/08 05:43 AM
The first week of June in Puyallup was the coldest on record dating back to 1894. While much of the nation was bathing in the heat, Puyallupites bundled up as if it was January. It seems the real estate market followed the weather pattern, as only six residential properties closed between June 2nd and June 9th.
There is a a silver-lining as 37 residential properties went contingent or pending in the past week, so it looks like June could finish strong. Only time will tell if we are coming out of the slump.
(2 comments)

puyallup market update: Puyallup Real Estate Update: 4/21/08- 4/28/08 - 04/28/08 09:37 AM
Puyallup real estate is on the rise for the fourth week in a row. The surprise this week was in the Puyallup condo market. Pending sales and solds are up this week in both condos and residential, posting the highest totals of the month. With a few more days remaining in the month of April, it looks to be the best month of the year so far in Puyallup.
Look for market updates on Brian's Blog every Monday!
Any suggestions to make these updates more beneficial to you are welcomed and encouraged.
 For Puyallup real estate market analysis for your particular … (0 comments)

 

Brian Solinsky

CDPE, CNE, ABR

Puyallup, WA

More about me…

Keller Williams Realty

Address: 615 E. Pioneer, Suite 203, Puyallup, WA, 98372

Office: (253) 881-4240

Mobile: (253) 278-7857



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