Jake Bruess Real Estate

02/01/2023

Welcome to the highly sought after Linwood Heights. Not often can you find a place that sits on over 1/3 of an acre that is minutes from I-5, JBLM, shopping, and more! This well-maintained home boasts just under 2,500 square feet in which you will fall in love with the gorgeous hardwoods, granite tile countertops, abundant natural lighting, and spacious living areas. Upon stepping inside, you'll notice right away the quality of updates. Enjoy ample storage, a 2nd primary upstairs, and a well-manicured lot that has a sprinkler system. Better yet, the home is pre-inspected and ready to go. Don't miss it!

Call me for a private showing 📲

Jake Bruess
John L. Scott Tacoma North
253.678.1445

09/08/2022

With the craziness of the market these past couple years, many sellers were left on the sidelines as it was too difficult to find a new home. With things now having cooled down, sellers should reconsider their options as now it has become much easier to find a new home that checks all the boxes.

There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house this fall.

07/14/2022

The market we are faced with today is so fundamentally different than 2008. Lending standards have tightened with new regulations, inventory is substantially lower (national months inventory was 9.4 in 2008, today it is 2.0), and appreciation is expected to continue over the next five years.

With rents increasing, it is important to ask yourself, would I rather pay off my own mortgage? Or would I rather pay someone else's?

Everyone's situation is different, but if you are ready, there is no reason to wait.

With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. To really understand what's happening with real estate today, it's important to lean on the experts for reliable information.

07/12/2022

Building equity in a home is incredibly powerful and is a gateway to creating wealth. It is no coincidence that a homeowners net worth is over 40x greater than that of a renter.

It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says:

07/12/2022

The housing market is at a clear turning point... which leaves many wondering if it is still a good time to buy or sell a home. In short, the answer is yes.

Record-low mortgage rates during the pandemic were an anomaly, do not expect them to reach that level again. If you are waiting for rates to reach those lows again, you will be waiting for a long time.

Inventory has improved -- more homeowners are listing their houses for sales; coupled with higher mortgage rates has caused a healthy improvement to our available supply.

As a whole, housing supply is still low -- there are more buyers than there are homes for sale. This will keep the upward pressure on home prices. Although we do not expect appreciation to maintain the same pace it did amidst the pandemic, homes are still projected to appreciate as much as 8.5% in 2022.

Bottom line... for a homeowner looking to sell, recognize that your home's value isn't projected to fall. As a buyer, understand that waiting for rates or home prices to improve could end up costing you in the long run.

The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections on what the second half of ...