2014 Gig Harbor Real Estate Market Predictions

As a seasoned Real Estate expert and COO of Hudson Homes NW LLC, I’ve experienced it all. The major highs and the major lows. My past experience and market knowledge leads me to believe that the 2014 Gig Harbor Real Estate Market is definitely taking a turn in favor of the buyer.

RealtyTimes wrote a great article outlining the details of the upcoming market trends for Gig Harbor Real Estate. I couldn’t agree more with their statement that repeat buyers are going to boost the market.

“As prices rise, buying homes will become less attractive to investors as well as first-time home buyers, but repeat buyers will be able to offset the higher price of the home they buy with the higher price from the home they sell,” said Kolko onĀ HousingWire.com.

The buying and selling game is picking up. Repeat buyers have an opportunity to sell higher and obtain the cash necessary to buy their next home. Its a great trend because it gets the market moving. Gig Harbor home owners are eager to get their house on the market knowing that they can actually get the value their home is worth. This may not be as exciting for first-time-buyers, or the Young Professional generation of Gig Harbor, who are still living at home or room-sharing in rentals, but its encouragement that the market is going to continue to keep moving into 2014, and people are going to get what their home is worth.