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EVERYONE’S FAVORITE NEWS TOPIC: MORTGAGE RATES!Aggressive monetary policy tightening by the Federal Reserve has sent bond rates surging. This surge has lead to a spike in yield of the 10-year US treasury, which has hit a 2-year-high. Mortgage rates, which closely follow the 10-year, have followed suite. Additionally, the aggressive Fed mortgage-backed-security and bond buying […]

SLIM PICKINGS FOR BUYERSThis week’s email will be as sparse as Gig Harbor’s current inventory. There are currently a whopping THREE existing houses for sale that have been on the market for less than a week. There are a handful of other houses that have been on the market for more than a week, but […]

2021 DECEMBER STATS ARE INThe last stats of 2021 have started rolling in this morning. As anticipated, our seasonal housing dearth will continue into 2022. While December’s stats are relatively uneventful, there are some interesting tidbits that I would like to highlight. Just as I thought that November would take the cake: December did break […]

UNDERSTANDING NFTS Piggybacking on last week’s email I’ll be explaining why NFTs will become more and more relevant each day – including real estate. If you missed last week’s email, a NFT stands for Non-Fungible Token. This token is  digital piece of content that cannot be duplicated because it has a unique ID associated with […]