PSE Marketplace

Just got the following email from Puget Sound Energy and it’s no joke! REALLY STEEP DISCOUNTS on THE LATEST smart thermostats! I didn’t need anything super fancy but I did get the very latest model of Google’s Nest for only $55 after PSE’s $75 discount! 58% off?! WOW! Below is the email I received. You must be a PSE customer, obviously. LOL

A new way to make your home cozy and comfortable

Now introducing the PSE Marketplace! We’re making it easier than ever to purchase products that make your home more comfortable and efficient, right from the comfort of your couch. Shop online at the PSE Marketplace, and instantly save with these rebates:

  • Save $75 off smart thermostats
  • Save up to $10 off LED light fixtures
  • Save $5 off ShowerStart TSV hot water savers

On top of these great discounts, energy-efficient products will help you consume less energy, saving you money on your monthly utility bill. Upgrade your home today to start saving! GO HERE: https://pse-marketplace.com/welcome

Coronavirus not slowing down Seattle region’s supercharged housing market

Reprinted from Puget Sound Business Journal

Home buyers hoping the coronavirus pandemic will cool off the Puget Sound region’s red-hot housing market are out of luck.

Sale prices of lower cost and mid-range homes remain torrid, with multiple offers common. The virus has, however, altered the way sellers handle open houses, nationally but especially in Washington state, the nation’s COVID-19 epicenter.

Nearly a quarter of U.S. sellers are changing how their homes are viewed, according to a new National Association of Realtors survey of its members. The percentage of sellers stopping open houses or requiring potential buyers to wash their hands and take other precautionary steps climbs to 44 percent in the Evergreen State.

In the Seattle area, some sellers no longer want to host open houses and have their brokers screen potential buyers for by-appointment showings. This ensures they’re dealing with either all-cash buyers or ones who have pre-qualified for mortgages.

Some companies are urging brokers to work with buyers and sellers to implement virtual-tour viewing

“Just like every other industry, things are changing so quickly, but right now our market is more on fire than I’ve ever seen it,” said one WA real estate broker, who has worked 15 years in real estate. Especially hot is the sector of the market with homes listed for $800,000 or less, she said. She has one such listing in Kent. “By last night it had 20 showings,” she said. “People are begging me to take an offer.”

One of her buyers looked for a condominium in Bellevue last weekend, and she said it “was a race against the clock to see condos before they went pending.” Some units are going pending as fast as 12 hours.

One area of weakness is homes priced at $1.2 million or more.

“Things have slowed slightly because I think many of those buyers are more reliant on the stock market” when the S&P plummeted 9.5 percent, the worst slide in 33 years.

The market continues to not have enough inventory, Northwest Multiple Listing Service data shows. Across the four counties in the Seattle metro, the number of single-family homes for sale fell 39 percent last month compared to February 2019, while the pace of closed sales was about the same.

“This is rapidly evolving, but so far, we have seen a continuation of the robust spring market and have seen little effect on how quickly a home sells,” Scott said. He added the market will know more in the coming weeks how the virus will affect the industry.

Also fueling the market are record low mortgage rates. According to Mortgage News Daily, a 30-year fixed loan is 3.5 percent.

Last week, one homeowner we spoke with refinanced and got a 3.1 percent rate on a 30-year fixed. On Wednesday, the rate on a 15-year mortgage was 2.5 percent.

Windermere Real Estate Chief Economist Matthew Gardner said this is making some buyers conflicted. They might want to hold off on a home purchase in light of the uncertainty caused by the virus, but they don’t feel they can do so because of the low mortgage rates.

“Every situation is different, but talking to our brokers, they’re saying they’re getting offers left, right and center,” said Gardner, who added the market “is tight and getting tighter.” 

Tacoma Rising

I lived in Seattle for almost 10 years. I moved to Tacoma for the affordability and what I noticed was a much cleaner downtown Tacoma. It’s also much safer than ever. When I was a kid growing up in Lacey, Olympia, and Tumwater, Tacoma was on the news all the time for all the wrong reasons. Today, we’re in the news for all the right reasons! But don’t just take my word for it, check out this article by South Sound Business:

“I think the same is happening in the (Tacoma) Dome District” and elsewhere in town, like the Proctor and Stadium districts, he said. There’s available real estate — old warehouses, for example, that can be better used and that have significant character, he added, noting the city’s willingness to rehab them, as has occurred in the Brewery District, rather than demolish everything for new towers.”

By South Sound Business

Start your furnace now to spot safety problems before winter’s cold

These last days of fall are a great time to test your natural gas heating and water heating equipment and make sure they are operating safely.

Problems often go unnoticed until the first cold snap, when the chill in the air sends you running for your thermostat. But if you turn on your furnace briefly now, you can spot problems early and be sure you aren’t left in the cold!

If you think your natural gas furnace, water heater or other appliances are not operating safely or properly, please call Puget Sound Energy (PSE) at 1‑888‑225‑5773. They’ll send a technician to your home or business for a free visit* to diagnose the problem. Depending on the diagnosis, the technician can perform minor repairs for a charge.

*Available to natural gas residential and business customers that have natural gas equipment

Free Community Cleanups for Pierce County Residents

This is an awesome service if you live in Pierce County for cleaning up your property and neighborhood free of charge! Check out the link below for dates, times, and more information on what to bring (and what not to bring) for donation and recycling:

https://www.piercecountywa.gov/4392/Community-Cleanups