Suburban ‘Boom’ Coming? May be Time to Act!

More Telecommuters Might Want to Move to the Harbor

An interesting article came across my path from the Seattle PI.

“Zillow” found that 75% of Americans working from home due to COVID-19 would prefer to telecommute at least half of the time once the pandemic subsides, and 66% said they would consider moving if their job allowed them to continue telecommuting.”

This means if you are debating moving or downsizing, this may be the time!

Many of my clients live in the Washington State Peninsula. Our homes will be in top demand if more Seattleites or Bellevue dwellers decide to step away from the rat-race. They can buy a better, bigger home in Gig Harbor or Ollala and still be a ferry ride away from the city.

This was the quote that made my heart skip a beat: “Moving away from the central core has traditionally offered affordability at the cost of your time and gas money. Relaxing those costs by working remotely could mean more households choose those larger homes farther out, easing price pressure on urban and inner suburban areas,” said Zillow senior principal economist, Skylar Olsen.

Did you read that? LARGER HOMES FURTHER OUT?? That means our neck-of-the-woods may be store for a buyer boom.

And here is what I believe will be a big deciding factor: “More people will leave San Francisco, New York, and even Seattle, some for nearby towns like Sacramento and Tacoma that are close enough to support a weekly office visit.” Think about this… yes many may move south to Pierce County, but Tacoma isn’t that different from Seattle.

Gig Harbor though…that is another planet. A stunning, green, quiet heavenly planet. So while they may start looking in Tacoma, the traffic and rat-race mentality will eventually lead them to our paradise.

And if you are selling, get ready for a prime opportunity.

When people realize that their future commute might include a monthly Ferry Ride and taxi drive, they will start salivating at the possibilities that the Peninsula offers.

And that might make some sellers salivate at their options.

Call me, and we can talk about strategy! This may or may not be for you…but if you don’t call, you’ll never know.

 

Posted on June 4, 2020 at 12:10 pm
Maria Kalafatich | Category: Gig Harbor Real Estate, Olalla Real Estate, Tacoma Real Estate | Tagged , , , , , ,

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