Letter from Phil

Posted on: December 20, 2021

'Tis the season of thankfulness and gratitude.

As the year starts to wind down, I usually start to reflect on the months behind me and I remember how much there is to be thankful for.

A lot has happened in 2021 and in many respects, the year feels like a blur. One moment etched in my memory is a road trip to visit family in California. Three kids in a packed car heading down Highway 101? To be honest, I was expecting parental misery. But the blur of 2021 slowed down for a couple of weeks as we explored the Oregon coast, the giant redwoods, and eventually the beach in Santa Cruz. Despite all the chaos of pandemic restrictions, business shutdowns, and a white-hot real estate market, we were able to hang out as a family and spend time away together.

This quarterly publication aims to inform my clients about our local real estate market in Puget Sound. So why am I sharing about a family road trip? Because those are the moments that matter most.

As has been the case, our available inventory of homes for sale is way down and demand for real estate is way up. I anticipate another boom of activity and price appreciation between now and the second quarter of 2022.

But in the end, I’ll remember those two weeks on Highway 101 much more than the market dynamics of 2021. So, for this quarterly letter, I simply want to remind us all to be thankful for what we have. I’m certainly grateful for your support of my business and wish you nothing but the best for the rest of the year and beyond.


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