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Housing Questions | The Balduf Group Blog

Monday, October 17, 2022   /   by Sydney Stahr

The Future of Real Estate Communication is Here

In the current age of our world, digital communication is at its peak in technological advances. Employees can work from home using online chat rooms, team setups, and video conferencing. Students can attend classes virtually using online live classrooms and discussion boards to complete required class time and assignments. Even in Real Estate, online communication has become a much-needed key to success. Agents can walk through homes virtually with their clients using their smartphones, and some even go so far as to upload home tour walkthrough videos to their listings for future buyers to see for themselves.
So how far is our digital literacy going to take us? What about agents that did not grow up with the more recent technologies? Will they adapt as things change, or will they hold onto the “old ways” of conducting their business? I can tell you from experience that while most agents are embracing the recent advances in technology, there are several that have a diffic ...

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  housing questions, real estate, resources, real estate news

Wednesday, September 7, 2022   /   by Sydney Stahr

September Market Update - Things are Shifting!

Buyers May Face Less Competition as Bidding Wars Ease

One of the top stories in recent real estate headlines in the past couple years has been the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried to buy a house over the past two years, you probably experienced this firsthand and may have been outbid on several homes along the way. 
Fear not! Things are beginning to shift as seen in the graph below. According to the National Association of Realtors, the average number of offers on recently sold homes has declined considerably over the past few months:

The graph shows homes were seeing a high of around five offers earlier this year. But the latest data shows that average was down to just shy of three offers per recently sold home. This shift is happening largely because rising ...

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  housing questions, market update, pacificnorthwest, real estate, real estate news, resources, housing update, kitsap, statistics, bremerton, gig harbor, poulsbo, silverdale

Tuesday, August 30, 2022   /   by Sydney Stahr

Top 5 Home Improvement Projects with Higher ROI

Ah.... It's the tail end of summer.
Still pretty hot out with the promise of cooler days ahead. Even Starbucks has their famed PSLs on the menu again! (Pumpkin Spice Lattes, for those that don't like acronyms). It's also time to do less outdoors and more indoors! If you find yourself getting into the "end of sun" funk, here's some renovation ideas that will provide the best return on investment.
1. Landscaping
The time between summer and fall is the best for attacking those evil weeds and getting your lawn ready for the rain it desperately needs. Cleaning up those flowerbeds, cutting back the dead branches, and even installing pavers garden edging are relatively inexpensive options and can increase curb appeal immediately. 
2. Update Kitchen Appliances
Got a dishwasher so loud you can't think when it's running? How about a refrigerator that looks like it belongs in the 1990s? One of the biggest turnoffs for buyers are dated and dingy appliances. Replacing these older applian! ...

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  housing questions, home maintenance, pacificnorthwest, real estate

Tuesday, August 16, 2022   /   by Sydney Stahr

August Newsletter - Things are changing FAST!

This is happening WAAAYYY too fast!

Last Sunday (8-7) we celebrated Aubrey’s 2nd birthday.  Wait…. What?!?  Yep, it has already been 2 years and it seems to have gone by in a blur.  She is almost 3ft tall (benefits of a tall mother), talking in nearly complete sentences, counting to 15 (sometimes 20), singing her ABC’s, recognizing and remembering pretty much EVERYTHING, and making it abundantly clear that she has her own opinion of just what should be happening at any given moment as well as what consequences will befall those who do not get in line with the program.  HAHAHA.  She loves doing Montessori pre-school 3 half-days each week as well as gymnastics twice each week and she is absolutely smitten with planes, helicopters, motorcycles, trash trucks, buses….and pretty much anything with a motor…Hmmmm.  She is also overwhelmingly happy, full of the wonder and excitement that comes with childhood, open to all the poss ...

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  housing questions, market update, real estate news, housing update, kitsap, real estate

Monday, April 20, 2020   /   by Dennis Balduf

Recession or Housing crash?

There is a lot of questions and concerns around the housing market and a lot of us are experiencing resurfaced pain from scars caused from the 2008 housing crisis.  The big question on everyone’s mind is if this is going to be like 2008?
As we are all looking at capacity, staffing, compensation, UW guidelines and overall P&L management; looking at the numbers and not just the headlines is the key in this market.  Based on all the data it looks like we need to be prepared for a surge not decline in the months ahead.
I thought the below data was very helpful in analyzing what is coming in the months ahead.  Based on the data, almost all economist and experts are calling for a  3rd to 4th quarter rebound.  Many feel that the housing market is going to help push the economy forward and that we will need to handle the volume and demand pre-health crisis plus the pent up demand from people that held off buying in 2nd quarter! ...

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  covid19, mortgage, resources, housing questions, market update, mortgage forbearance, real estate news, statistics

The Balduf Group
Dennis Balduf
9564 Silverdale Way, Suite 100
Silverdale, WA 98383

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