Real Estate With Josie Blog - Josie LaRosa

Real Estate With Josie

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Newsletter Need to Know: Top Takeaways from our Homeowners Insurance Panel Last week, my office hosted a panel discussion on the hot topic of homeowners insurance. In the wake of several natural disasters, supply chain issues, and inflation on building materials, homeowners insurance is currently experiencing a “hard market”. Non-renewal and cancellation rates are rising, some carriers are leaving certain states, and specific aspects of a home, […]

Newsletter What Every Homeowner Needs to Know About Navigating the Changing Insurance Market As your trusted real estate advisor, my service to you is beyond the transaction of buying and selling real estate. Your home is your nest egg and often your most significant financial investment, requiring care and attention to maintain and protect it. An important aspect of protecting your home is your Homeowners Insurance Policy. In the wake […]

Newsletter In-Home Wellness Spaces From saunas to gyms, more people are prioritizing private, custom spaces in their homes where they can focus on routine without distraction. Saunas & Steam Showers A steam shower is typically a stand-alone shower stall that can produce steam without running the hot water. The shower enclosure is sealed off from the rest of the […]

Newsletter What is your home worth, and why do you want to know? Your home is your shelter where you make memories, a large part of your financial nest egg, and a vehicle for creating wealth. Knowing what your home is worth is empowering and important. The reasons that may come up when you need to know your home’s value can have a direct impact on your financial health. Do you need […]

Community Information

Community Information New Year, New Laws! What This Means for Consumers Moving Forward. Effective January 1, 2024, the statute in Washington that governs real estate brokerage relationships (RCW 18.86) otherwise known as the “Agency Law” – was significantly revised. The revisions modernize the 25-year-old law, provide additional transparency and consumer protections, and acknowledge the importance of buyer representation. KEY REVISIONS For decades, real estate brokerage firms were only […]

Community Information Matthew Gardner’s 2024 Economic Forecast Highlights In January, my office hosted our 16th Annual Economic Forecast Event featuring Matthew Gardner. Matthew is a sought-after economist focused on the national and local economies and has a deep understanding of the housing market across the country and right in our own backyard. He is an economic advisor for the State of Washington, Governors […]

Community Information Quarterly Reports for Q4 2023 The story of 2023 was balancing interest rates with home purchases and even home sales. The average weekly rate in 2023 was 6.8% and peaked in October at 7.94%. This caused some buyers to pause due to cost. Many sellers were reluctant to move and give up their low payments based on historically low rates, […]

Community Information Holiday Giving The holiday season came and went in a flash with so much going on. As I reflect on the joys that the holiday season brings, one thing that I love is that our office makes it a priority to come together as a team to lift up our neighbors in need. Our collective gratitude runs […]

Quarterly Market Trends

Quarterly Market Trends QUARTERLY REPORTS Q3 2023 Tight inventory and buyer demand helped fuel the market in the third quarter of 2023 despite rising interest rates. There have been fewer listings in 2023 than in 2022 which has created price growth since the first of the year. Prices peaked in spring 2022, corrected in the second half of 2022, and then they […]

Quarterly Market Trends QUARTERLY REPORTS Q2 2023 The recovery from the 2022 correction continued in Q2 of 2023. Since December 2022, prices have increased at a rapid rate. Inventory remains tight and absorption is steady due to pent-up buyer demand. Shorter days on market and healthy list-to-sale price ratios illustrate when a seller meets the market with appropriate pricing and is in […]

Quarterly Market Trends QUARTERLY REPORTS Q1 2023 We are seeing signs of price stabilization and some growth after the market correction of 2022! Illustrated on the front is the up-down-up trajectory that home prices have experienced over the last year. While we are in the midst of measuring the negative difference from the peak prices of the first half of […]

Quarterly Market Trends QUARTERLY REPORTS Q4 2022 2022 was a transitional year for the real estate market that started off incredibly seller-centric and ended in balance. We started 2022 with interest rates hovering in the low 3%, peaked at 7% in late fall, and ended the year hovering in the mid 6%. This significant jump created a correction in home prices as the cost […]

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Real Estate With Josie

The Real Estate with Josie monthly newsletter contains information and insights on the most current and relevant market data. It’s the best way to stay informed on what’s happening with the real estate market in the Greater Seattle area.