olympia wa: Real Estate Market Update and Advice for Olympia WA Sellers April 2020 During COVID-19 - 04/19/20 03:28 PM

This real estate market update is going to be a little different as we are in unprecedented times, dealing with COVID-19 and its impacts on all of us.  It has left many struggling emotionally, physically and financially.  For this report, I wanted to share with you the questions I have been receiving from my clients.
 
Click here to watch a recap of the most common questions I’m getting from sellers about the Olympia WA real estate market.
 

 
For some of my clients, they find themselves in a situation where they need to sell and have many questions about how to proceed next.  Others … (4 comments)

olympia wa: How is the Coronavirus affecting the Thurston County, WA real estate market? - 03/16/20 06:42 PM

 
It’s no doubt it has been a tough couple of weeks.  I’m hoping this soothing photo can help.
 
Our daily lives have been impacted and disrupted, and these times are certainly unnerving.  But as history has proved to us, we will bounce back.  We made it through many crises before and we will make it through this one.
 
How is the Coronavirus affecting the Thurston County, WA real estate market?
 
Interest Rates.  If there is a silver lining with this crisis, it is interest rates.  With the Federal Reserve’s slashing of costs to borrow, homebuyers are poised to benefit from lower interest rates.  Currently, … (2 comments)

olympia wa: College Scholarship Contest by Coldwell Banker Evergreen Olympic Realty in Olympia WA for 2020 - 03/13/20 05:39 PM

 
It's this time of year again when my firm, Coldwell Banker Evergreen Olympic Realty is running our annual college scholarship contest for 2020. For all the details, be sure to visit www.whatmakesahouseahome.com.
 
Since 2011, we have asked our high school students in Thurston County, "What Makes a House a Home," and over the years, have received beautifully written essays on this topic.
 
The college scholarship contest is open to all Thurston County, WA high school students, grades 9 - 12 who are enrolled in public or private schools, or who are home-schooled or enrolled online.
 
Students may enter an essay up to 500 words … (5 comments)

olympia wa: What’s your Olympia WA home worth – January 2020 real estate market update - 02/11/20 11:53 AM

Olympia WA - one of many nature walks in the town.
 
January 2020 in the Olympia WA (Thurston County) real estate market started off very strong with lots of buyer activity and positive equity gains for most sellers.
 
The median home sales price in Thurston County is $342,787.
 
The gains sellers are achieving are quite remarkable.  Our historic average gains are 5.4% annually.  In just looking at the January numbers from years past, you can see the above-average increases.  And these percentages are also extrapolated into dollar amounts.
 

 

 
It’s hard to believe these numbers but we examined January sales that where the home was not … (3 comments)

olympia wa: FAQ for Olympia WA Sellers - Is the First Offer the Best Offer? - 02/07/20 01:42 PM
 
The Olympia WA (in Thurston County) January 2020 real estate marketplace is deep in a seller’s market.  With the low inventory and fewer choices for buyers, many sellers are seeing multiple offers and are receiving offers within hours of listing.  Most offers are over the asking price when buyers are bidding on a property. 
 
 
 
But is the first offer the best offer?* 
 
 
There is certainly a lot of anecdotal information out there but we, at my firm, have tracked this in Thurston County so we can provide the facts to our clients.
 
 
 
For January 2020, sellers on average accepted the highest priced offer on … (4 comments)

olympia wa: 2019 Real Estate Recap for Olympia WA - 01/29/20 01:15 PM

 
Here is the market at a glance for Thurston County WA, including the major cities of Olympia, Lacey and Tumwater. 2019 was a strong year for our local housing market.
 
Why was 2019 such a strong year for the Olympia area housing market? 
 
1. Strong Regional Job Market and Low Unemployment
 
2. Relative Affordability of our Area
 
3. More Buyers and More Inbound Migration than Expected
 
4. Not Enough Home Building and Fewer Sellers of Existing Homes
 
5. Low Interest Rates
 

 
A strong regional job market has boosted consumer confidence and has helped drive sales to near-record levels. 
 
Government is by far the largest employer in Thurston County with 39,000 jobs as of the … (1 comments)

olympia wa: Olympia WA January 2020 Real Estate Market Update – Deepest Sellers’ Market To Date - 01/14/20 03:46 PM
 
January 2020 is starting out as the most robust seller’s real estate market we have seen in Olympia, WA in Thurston County.
 
 
 
There are currently less than 250 active listings for sale (a balanced market is about 1,200+ listings countywide). Thurston County is in the longest stretch of time in a sellers’ market (63 months and counting). Now is the first time sales have outnumbered listings.  
 
 
 
 
 
With impressive statistics like this, you’d think buying and selling a home is easy.  In fact, it is just the opposite.  Buyers are frustrated with low inventory and high competition; Sellers are struggling to pick … (1 comments)

olympia wa: 2019 Olympia WA Capitol Christmas Tree - 12/22/19 02:54 PM

 
 
Here is this year's tree at the Capitol rotunda in Olympia WA. The 34-foot Noble fir tree is outfitted with toys and games, keeping with this year's theme of "Timeless Toys."  
 
When I was there today, a group was starting a tour. If you haven't taken a tour of the Capitol and grounds, I'd recommend taking the guided tour at least once. You'll learn a lot of fun facts about the building and the early beginnings of Washington State.
 
A behind-the-scenes note: If you go to see the tree, don't bring your tripod with you. I wanted to get some sharper photos but … (6 comments)

olympia wa: Sellers in Olympia WA are Seeing Good Equity Gains – and that’s putting it mildly - 12/17/19 05:32 PM

The real estate market in Olympia WA continues to grow and there aren’t signs that this trend will be stopping anytime soon.
 

 
This chart below shows the average gains sellers, who sold this year, are achieving from when they purchased.  On average, market-wide median home prices are up 8.6 percent, much higher than our long-term historical average of 5 percent per year.
 

 
And these are not just high-priced sales – these are the average of ALL sales in Thurston County, excluding manufactured homes, distressed homes, and homes that were significantly remodeled.  These are historically incredible numbers for our real estate market.
 
Why is the … (3 comments)

olympia wa: Christmas Forest 2019 Olympia WA Fundraiser - 12/13/19 05:30 PM
 
 
The Christmas Forest held annually in Olympia WA is a not only a must-attend holiday tradition in my household but is also a worthy fundraiser for the Providence St. Peter Foundation.  The Foundation raises funds to support life-saving medical equipment, compassionate care, and Mission-driven programs.
 
Many local businesses will decorate Christmas trees that will be auctioned off, with the proceeds going to the Foundation.  It's a wonderful event held at the RL Hotel in Olympia.  On the day we went, Santa and Mrs. Claus were there along with a choir and musical entertainment.
 
 This marks the 32nd year of the Christmas Forest and … (6 comments)

olympia wa: Olympia WA December Bucket List of Holiday Events - 12/09/19 12:07 PM

 
Visit the Capitol rotunda to see the state tree.
 
Go ice skating
 
Oly On Ice is a seasonal skating rink open from late November to mid-January.  It’s at the Isthmus Park between Capitol Lake and Bayview Thriftway (529 4th Ave W).
 
See Ballet Northwest’s production of The Nutcracker at the Washington Center
 
December 13-22, 2019
 
Drive around to see Christmas lights
 
Here are some of the best neighborhoods for Christmas light displays.
 
Catch sight of the Santa Mobile from your local fire department
 
The Tumwater, Olympia and Lacey fire departments and their elves drive their decorated fire trucks, delivering cheer and collecting donations for the food bank. 
 
Stroll through … (4 comments)

olympia wa: Olympia WA Thanksgiving Real Estate Stats that will Astound your Know-It-All Aunt Trish - 11/21/19 05:27 PM

This Thanksgiving as we are sharing a meal with our relatives, sometimes heated discussions come up as the mashed potatoes and bean casserole are being passed around, including the popular topic of real estate. 
 
Like me, you may have your own Aunt Trish who is an expert in ALL conversation topics.  She has a cure for whatever ails you, she offers endless advice on parenting, cooking, automotive repair, how the country should be run, and has an endless supply of snappy retorts.   
 
Bless her heart as she likes to engage me in a battle on real estate.  But for those non-Realtors out … (15 comments)

olympia wa: Why listing your Olympia WA home in November 2019 could be a big payday for you. - 11/06/19 05:36 PM
If you are considering selling your Olympia WA home but think you should wait until the spring of 2020, you may be missing out on a lucrative winter real estate market here in the Olympia WA area.  You may be thinking you just want to “get through” the holidays before even thinking about selling and moving and that’s understandable but know the Olympia WA real estate market is very busy this time of year. 
 
Here are common objections I hear from sellers that might prevent them from enjoying a nice payoff this fall and winter 2019.
 
“Buyers are not looking this time of … (2 comments)

olympia wa: The role of a REALTOR in today's market - 10/03/19 11:26 AM
 
I’m sharing this newest review from my first-time homebuyer clients because they were born connected to the internet and found out rather quickly the internet didn’t have all the information they wanted and needed. 
 
 
 
 
 
 
When they reached out to me by email, I knew it probably took a lot of courage for them to do so.  And then I made them actually come into my office and meet me in person! (I know – so mean, right?! LOL!) But joking aside, they did admit they didn’t know what to do next after looking at homes online and going to open houses on … (20 comments)

olympia wa: This weekend's Open Houses in Olympia WA Sept. 28-29 2019 - 09/27/19 09:30 AM

This weekend, September 28-29th offers 94 open houses in Thurston County - from Olympia to Lacey to Tumwater to Rochester WA. There is a good selection of homes this weekend to tour, but if you can't make it to the open house or just want your own tour, call me! Let's buy a house this weekend!
 

(2 comments)

olympia wa: Sept. 27-29, 2019 offers lots of fun weekend events in Olympia WA - 09/27/19 09:16 AM

As we officially enter the Fall Season, there are plenty of fun things to do this weekend in Olympia WA. Here are just a few events you might want to check out this weekend.
 

 
Friday, September 27, 2019
 
Mama Mia! Broadway musical – The Triad Arts Theater, Yelm – runs through the end of September
 
Led Zepagain – Washington Center, Olympia – a tribute to Led Zeppelin
 
Pinniped – live musical guest – Olympia Farmer’s Market 11 AM to 2 PM Main Stage
 
Saturday, September 28, 2019
 
Mama Mia! Broadway musical – The Triad Arts Theater, Yelm – runs through the end of September
 
Nisqually Watershed Festival – … (0 comments)

olympia wa: Your Olympia WA Fall Bucket List for 2019 - 09/24/19 07:29 PM
Most of us rate the fall as our favorite season, and there is good reason, especially when you live in Olympia WA.  Here are a few fun things to do in Olympia WA that should be on your Fall Bucket List!
 
 
Here are more fun ideas of things to do this fall in the Olympia WA area....
 
Get crafting on your Fall and Thanksgiving decor - check out Michaels Make your Halloween costume or browse Value Village on Sleater-Kinney for ideas Go trick or treating Drink apple cider - find the best at Lattin's Country Cider Mill Watch a scary movie - … (1 comments)

olympia wa: Fun Things to do in Olympia WA this weekend, Sept 6-8, 2019 - 09/05/19 06:01 PM

Labor Day is over and the kids are back in school but is there ANYTHING to do in and around Olympia WA this weekend? Yes, there is!! Check out some of the fun events happening this weekend, September 6-8, 2019.
 

 
Friday, September 6, 2019
 
Mama Mia! Broadway musical – The Triad Arts Theater, Yelm – runs through the end of September
 
Demetri Martin and Pete Holmes Comedy – Lucky Eagle Casino, Rochester
 
Blackbird – State Theater – Olympia WA, 8 PM
 
Saturday, September 7, 2019
 
Mama Mia! Broadway musical – The Triad Arts Theater, Yelm – runs through the end of September
 
Brats, Brew and Bands – Gateway … (3 comments)

olympia wa: Is it too late for me to list my Olympia WA home? - 09/04/19 01:12 PM

Many homeowners who are considering selling their Olympia WA home are looking at the calendar, seeing the school buses back on the roads, sipping their pumpkin spiced lattes and are wondering if they missed the summer real estate market. 
 
Put shortly, the answer is no. 
 
And here’s why the 2019 fall and winter real estate market in the Olympia WA will continue to be a great time to list your home for sale.
 
Less competition. 
Your competition may wait to list their home until next year or may take their home off the market, not realizing September through the rest of the year will … (4 comments)

olympia wa: Labor Day Weekend 2019 Fun Things to Do in Olympia WA - 08/29/19 09:22 AM

If you are planning to stay in town this weekend, you'll have lots of fun things to do in and around the Olympia WA area. I hope to check out a few of these events myself. With our clear nighttime skies recently, the Star Party and the UFO Fest look like a winning combination!
 

 
Earth UFO Fest and Comic Symposium – Thurston County Fairgrounds – August 30 - September 1
 
Olympia Harbor Days – Olympia waterfront – August 30 – September 1
 
PNW Barn Hunt (dog sport) Labor Day Event – Southwest Washington Fairgrounds, Chehalis – August 30 - September 2
 
Star Party – explore … (2 comments)

 
Francine Viola, REALTOR®, In Tune with your Real Estate Needs (Coldwell Banker Evergreen Olympic Realty, Olympia WA)

Francine Viola

REALTOR®, In Tune with your Real Estate Needs

Olympia, WA

More about me…

Coldwell Banker Evergreen Olympic Realty, Olympia WA

Address: 3333 Capitol Blvd S, Olympia, WA, 98501

Mobile: (360) 359-0689

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog