HP Newsletter - November

01. OUTLOOK

As we enter the holiday season, the Pacific Northwest typically experiences a seasonal slowdown, with the rainy weather keeping fewer buyers out actively looking at homes. However, this year has been different. The Northwest Multiple Listing Service (NWMLS) reported a 29.8% increase in total listings compared to the same time last year, indicating a significant rise in market activity.

Even with unsteady interest rates, home sales have shown resilience. The NWMLS experienced a 22.5% increase in the number of homes sold over the previous year. This stability is largely attributed to ongoing regional growth, which has helped counterbalance buyer uncertainty.

While interest rates remain unpredictable, demand continues to support an increase in sales and the market continues to remain balanced despite the changes in the seasons.

02. COMMUNITY

Zoolights

Nov 29, 2024 - Jan 5, 2025 4:30 pm - 10:00 pm

Point Defiance Zoo and Aquarium

The zoo is transformed into a winter wonderland! Experience over a million warm and colorful lights as you tour the zoo. For more information visit: Zoolights | Holiday Lights | Tacoma Events | Point Defiance Zoo

Gig Harbor Lighted Boat Parade

December 14th, 4 pm – 8 pm

Gig Harbor Waterfront

Enjoy the Gig Harbor Yacht Club’s Lighted Boat Parade. Take in the lights as they parade through the Harbor from many viewing areas or restaurants along Gig Harbor’s Waterfront.

For more information visit: Holidays in the Harbor | GigHarbor Downtown Waterfront