InPeak News
Stay up-to-date on the real estate market in Poulsbo, North Kitsap, and the Greater Puget Sound region of Washington State.
Big Changes to Come–Maybe
If you didn't hear, there has been a bit of drama in the real estate world lately, especially related to buyers' agents! After a jury found realtors liable for "inflating" commissions and the National Association of Realtors settled for $418M, there has been quite a...
Holding Pattern
With interest rates still high, many buyers are still choosing to sit on the sidelines if they need a mortgagee—an about 2/3 of buyers are not cash buyers. Until recently, home buyers enjoyed historically low interest rates for the better part of the last decade....
The Fear Factor
What drives the real estate market? What drives the real estate market? Is it buyers? Sellers? Interest rates, or something else? The answer is D: All of the above. But most of all, those factors all draw from fear.What are we so afraid of? Jobs Understandably, many...
2023 Predictions
What sort of real estate market will the new year bring? Yes, many buyers and sellers are at a standstill. Not surprisingly, the market generally takes a big pause at the end of the year. Plus, we had the perfect storm of steeply rising interest rates, job...
November VIRTUAL Blood Drive!
Step Up and Keep Our Community Safe & Strong! November 1-30 Please be a LIFE-SAVING HERO and make an appointment TODAY at any Bloodworks NW Center or Popup that is convenient Step 1. Make an appointment today to donate at a center near you by going to...
Stranger Things–In Real Estate
OK, so for those of you Stranger Things fans, the real estate market right now is a little bit like "the Upside Down." It looks familiar, but at the same time, kind of scary. Some people might think there are alien monsters lurking. The Good News is for Buyers... Yes,...
The Rumors Are (Mostly) True
What was WAY up has now come down. Not crashing down. Not bursting. Just settling--somewhat awkwardly--back to Earth. Here in the Greater Puget Sound region, we are seeing prices "drop" a bit. But remember, price reductions on some homes are not the same as a...
Turning This Ship Around
If you know boats or you've ever been on a big one (cruise ship, ferry boat, cargo ship), you know that it takes time to maneuver one. They don't turn on a dime--and neither does the real estate market. Does that mean nothing is happening? Nope. What it means is even...
Mortgage Rates are Up: Will Prices Drop?
Nationally, the number of homes pending over the last few months has dropped noticeably, but has it here in the PNW? Not yet. Real Estate Feeding Frenzy, COVID Edition Did the frenzy slow at all in March? It seems like it will soon. But not because prices will...
Holding Steady–For Now
As you may have heard, 2021 was a wild ride in many ways, including in the real estate market. After month after month of increasing prices and bidding wars, thing finally cooled down a bit in November and December. Sale prices continued to inch closer and closer to...
Less is More…Sort Of
But when it comes to the real estate market these days, it seems that's not exactly a positive. Depends on who you ask. Less Homes for Sale = More High Prices Though inventory is always relatively low this time of year, this year the lack of inventory and hungry...
Will November Rain Dampen the Housing Market?
Doubtful. So far, all signs indicate that the heat in this real estate market will continue through fall and into winter. When people say "prices are falling" technically, it's true. But like many things in life, it's all relative. Prices are falling relative to the...