EducationalFeatured ListingsMarket Info September 2, 2025

Price Sensitivity in Today’s Housing Market: Why Timing and Storytelling Matter

If you’ve been watching real estate lately, you might have noticed something interesting: even well-priced, beautifully prepared homes aren’t getting instant attention the way they did post-COVID.  I have a listing that’s currently the lowest-priced home in my own neighborhood. But make no mistake—this isn’t a “slow” listing because it’s lacking.  My sellers and I painted inside and out, landscaped, repaired the sprinkler system, pressure-washed, and staged it to show at its absolute best.  It’s ready for the market—buyers just aren’t rushing in right now.

It’s a bit like when I go to Amazon and see something I really need.  I just buy it, no hesitation.  Price alone isn’t the driver; need, timing, and attention are.  In today’s housing market, lowering a price doesn’t automatically create urgency.  Buyers are distracted—news cycles, economic chatter, even family budgets (yes, Arby’s, I see you, and yes, I upgraded to the double beef and cheddar).

For this listing, the real opportunity might be in telling the story—not just the house itself, but the neighborhood.  Hands down, this area has more amenities than anywhere else in Gig Harbor: trails, parks, schools, and a real sense of community.  Sharing that story is part of the strategy to draw in buyers who may not be actively looking but will recognize the value when they see it.

And we’re thinking ahead: my sellers and I are developing further strategies to align with the anticipated interest rate movements from the Fed’s decision around September 17.  The market isn’t broken—it’s shifting, and being thoughtful about timing, narrative, and pricing strategy is how we capture the right buyer at the right moment.

The takeaway? Price matters, yes—but it’s only part of the story. Preparation, presentation, and patience can make all the difference.  And sometimes, buyers just need a little extra time to notice a home as exceptional as this one.

Market Info February 17, 2020

2019 Business Highlights

I was fortunate to work with so many great clients over the year, and I would like to share with you some of their success stories.  It was an incredible year for business, and I’m proud to announce some data that illustrate just how well we ended up.  Plus, we had some fun doing it.
I hope you enjoy this video!
Educational July 12, 2019

Short Sale and Foreclosure: How Are They Different?

As unfortunate as it can be when homeowners fall behind on mortgage payments and must face the possibility of losing their homes, short sales and foreclosures provide them options for moving on financially. The terms are often used interchangeably, but they’re actually quite different, with varying timelines and financial impact on the homeowner. Here’s a brief overview.

A short sale comes into play when a homeowner needs to sell their home but the home is worth less than the remaining balance that they owe. The lender can allow the homeowner to sell the home for less than the amount owed, freeing the homeowner from the financial predicament.

On the buyer side, short sales typically take three to four months to complete and many of the closing and repair costs are shifted from the seller to the lender.

On the other hand, a foreclosure occurs when a homeowner can no longer make payments on their home so the bank begins the process of repossessing it. A foreclosure usually moves much faster than a short sale and is more financially damaging to the homeowner.

After foreclosure the bank can sell the home in a foreclosure auction. For buyers, foreclosures are riskier than short sales, because homes are often bought sight unseen, with no inspection or warranty.

Market Info January 9, 2019

Celebrity lifestyle or Hero lifestyle? Top 2 coolest listings right now

The South Sound always impresses with unparalleled views of both the water and the mountains, but why is this January different?  The HGTV Dream Home featured in 2018 is now back on the market, right here in Gig Harbor:

https://bennetthomesnw.com/listing/89797542

For $1.9M, you get breathtaking views of Henderson Bay and the Olympic Mountains while you head down to your private beach to go digging for treasure.  Get lost in the South Sound as you go beach camping at many of the nearby waterfront State Parks.

But if you’re itching for something a little more eclectic (and way cheaper), check out the newest listing in downtown Tacoma… A renovated, historical Engine House Condo!

https://bennetthomesnw.com/listing/89966484

For $320K, this condo is located in the heart of North Tacoma.  It includes a bunch of renovations and the rare exposed brick.  Great location if you’re looking for something a bit closer to amenities and for an incredible price.

Call 206-930-1597 if you are ready to make a move!

https://bennetthomesnw.com/