Why is Gig Harbor a Great Place to Retire?
By Maria Kalafatich |
WHY GIG HARBOR IS A GREAT PLACE TO RETIRE Why is Gig Harbor, Washington such a delightful place ...
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WHY IS GIG HARBOR CALLED GIG HARBOR?
Incorporated in 1946, Gig Harbor is one of the most picturesque small cities in America. The city was named by members of the Wilkes Expedition who, in 1840, entered the harbor in the captain's gig (a small boat). Later with Wilkes' 1841 map of the Oregon Territory, the sheltered bay was named in English as Gig Harbor by George Sinclair for his boat.
Homes for sale valued at $1.2M and over in Pierce County have increased by 9% over the past year while the value on price per square foot has increased by 2.8%. This is contradictory to what the economists had anticipated for 2023. With increased inventory & lower interest rates as explained above, we should have a promising 2024 housing market.
Mortgage rates fell to the lowest levels in months recently as the Fed signaled it is likely done raising rates and will probably cut rates in 2024. Although the Fed doesn't set mortgage rates, Fed rate cuts will contribute to lower rates across the board, including mortgage rates.
Mortgage rates saw a general decrease from August to January. According to Mortgage News Daily, we saw rates drop from 7.10% on 08/03/2023 to 6.72% on 01/02/2024.
HOME MAINTENANCE CHECKLIST
What is Mosquito Fleet?
By Maria Kalafatich |
MOSQUITO FLEET Long before road systems were introduced in Western Washington, the only option for reaching Gig Harbor ...
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Narrows Bridge History
By Maria Kalafatich |
NARROWS BRIDGE HISTORY The Tacoma Narrows Bridge, also known as "Galloping Gertie," was an engineering marvel that spanned ...
Read More GIVING BACK TO OUR COMMUNITY
Windermere Professional Partners is proud to introduce its 2024 Windermere Foundation recipient for Gig Harbor - Harbor Hope Center.
Harbor Hope Center of Washington, a private, non-profit organization, addresses homelessness, poverty, and hunger through its multifaceted programs. The Provide-a-Home Program offers Care Homes for young men and women, along with Host Homes catering to minors.
Residents benefit from three family-style meals provided by the food program, and collaboration with Backpacks 4 Kids aids in delivering groceries to food-insecure families in Pierce and Kitsap Counties.
The mentorship initiative focuses on empowering homeless youth with essential life skills for self-sufficiency, while the transportation program, facilitated by dedicated volunteers, ensures residents can meet daily commitments such as school, appointments, and activities.
Supporting Harbor Hope Center positively impacts the lives of youth and families in Pierce and Kitsap Counties, as well as contributing to the broader well-being of the entire State of Washington. Learn more here.
© 2024 Windermere Real Estate
