253 Magazine April 2024

Page 1

APRIL 2024 ThepowerofWindermere.ThepersonalizedserviceofWindermereChambersBay.
"Stay where your heart smiles."
NAR Settlement Facts

ICE

& MILKSHAKES

These are our top picks for places to grab ice cream and milkshakes in the area!

Johnson Candy Company 924 M L K Jr Way, Tacoma, WA 98405 Bliss Small Batch Creamery 3556 Market Pl W, University Place, WA 98466 Ice Cream Social 2914 6th Ave, Tacoma, WA 98406 Helen's Donuts & Ice Cream 5601 Portland Ave E #4, Tacoma, WA 98404 Baskin-Robbins 1314 72nd St E Tacoma Vista Shopping Center, Tacoma, WA 98404 Shake Shake Shake 124 N Tacoma Ave, Tacoma, WA 98403 Frisko Freeze 1201 Division Ave, Tacoma, WA 98403 Patty's Burgers 5615 S Tacoma Way, Tacoma, WA 98409 Lefty's Burger Shack 8317 27th St W, University Place, WA 98466
CREAM

ICE CREAM & MILKSHAKES

It's getting hot as the Pacific Northwest heats up for the beginning of summer. If you are looking for a frosty sweet treat, Tacoma is the place to be. T-Town is knows as a feisty, fun port city, but what most people don't know is it is also home to some of the best milkshakes, and ice cream around. Whether you like it plain, fruity, or covered in toppings the cold refreshing taste of ice cream or a milkshake is unbeatable on a summer day From locally owned ice cream shops, creameries, diners, drive-ups, and milkshake bars, the South Sound sure has plenty of options when it comes to finding the perfect treat

WINDERMERE CHAMBERS BAY The power of Windermere, the personalized service of Chambers Bay. Check out the WCR Member spotlights on Instagram Instagram.com/WCRtacomapierceco

History of the Festival

Daffodils came to the Puyallup Valley around 1925 to replace the area’s dying hop industry. The U.S. Department of Agriculture recommended bulb growing because of the Valley’s excellent soil and ideal climate. About 200 varieties of Daffodils are grown, with the King Alfred being best known and most locally grown.

1936 Daffodil Princesses

Origin of the Daffodil Festival

A float traveling through downtown Tacoma in 1936.

The Daffodil Festival, for all intents and purposes, began on April 6, 1926 when Mr. and Mrs. Charles W. Orton were hosts to civic leaders from 125 towns in Western Washington. The Orton's lived in rural Sumner and opened up their home for a garden party. The garden party was arranged so the guests could see the many varieties of daffodils in bloom, in and around their estate. Among the many guests were the mayors from Seattle and Tacoma. Major General Robert Alexander, a Commander at Fort Lewis, brought a military band and a group of officers and their ladies from the Army post. After this first garden party, the event became an annual affair.

1968
1972
1970

Year after year, interest grew (along with the ever expanding daffodil fields) until 1932, at which time "Bulb Sunday" came into being. The viewing of daffodils in bloom became fashionable, and, unfortunately created a massive traffic problem for Puyallup, Sumner and Orting, as up to 8,000 vehicles crowded the roads bordering the golden fields. No doubt, automobiles and owners were also vying for attention.

The calamity of this congestion also brought a halt to "Bulb Sunday."

Parade Year

1934 was to become "Parade Year." Well-known Tacoma photographer and first secretary of the founding group, Lee Merrill, suggested that the daffodil blooms, which at that time were thrown away or used as fertilizer, be used instead as decorations for a Festival Parade. Automobiles were decorated with daffodils, bicycles followed in like-fashion and together they all paraded through the neighboring valley towns. A mounted contingent of the finest riding horses in the area appeared each year.

The idea grew, and presently, the Grand Floral Street Parade travels through four Pierce County communities on Parade Day - Tacoma, Puyallup, Sumner and Orting.

The 2023 Daffodil Festival marks its 90th year, and there has been a parade every year since 1934, with the exception of the war years of 1943, 1944 and 1945, as well as 2020 during the global pandemic.

Our Pierce County Community has viewed the Daffodil Festival as a premier headline event, second only to the Washington State Fair. Every other major city in Washington State has a Festival and we in the community should be proud that the Daffodil Festival continues to be a significant event in the Pacific Northwest.

Buying to Selling in this Market

Months of Pending Inventory

1.8 Even compared to last month

New Listings in Pierce County

1253

Up 21.3% compared to last month

Sold values and days on market are holding steady while the number of closings show a spring time boost. It happens at this time every year.

Who you work with matters.

Number of Closed Sales this Month

843

Up 22.1% compared to last month

Median SOLD Price

520,000 Even Year over Year and month to month

Days on Market

11

Down 7 days compared to last month

PIERCE COUNTY STATS February 2024

NAR Settlement

National Association of REALTORS has been in a large class action lawsuit and there is now a PROPOSED settlement.

The National Association of REALTORS is one of the largest trade organizations in America that has been lobbying to protect the rights of American homeowners for decades. You may have noticed that NAR has been in the news recently regarding a proposed settlement agreement regarding a lawsuit about real estate commissions.

Here are some Frequently Asked Questions we have been receiving since the news broke - along with the answers, at least as they play out on our local level.

Are real estate commissions negotiable? YES - they always have been.

Is the buyer's broker commission tied to the listing commission? It was in years past, but in western Washington the buyer broker commission was uncoupled from the listing commission in 2019.

Does NAR own the Multiple Listing Service? No, not in Western Washington. The NWMLS is not affiliated with the National Association of REALTORS on any level. It is a member owned and board driven entity. Any licensed real estate broker or appraiser can be a member.

What should you do if you get invited to opt into the class action suit? Opting in may get you some amount of money, but at this point nobody knows how much the entire settlement will end up being, and how much will be left to distribute to homeowners after legal fees.

Who can ask if I still have questions? Reach out to your Windermere Chambers Bay broker for an open conversation.

To learn about NAR’s Advocacy for Home Owners and Buyers click here

Windermere Chambers Bay

The

The Personalized

Power Of
Windermere
Service Of Windermere Chambers
M U C H L I K E P E O P L E , E V E R Y M A R K E T I S U N I Q U E . S O M E M A R K E T S H A V E V I E W S , S O M E L A R G E Y A R D S F R O M H O M E S B U I L T A T T H E T U R N O F T H E C E N T U R Y T O N E W C O N S T R U C T I O N , E A C H A R E A H A S I T S O W N F E A T U R E S A N D T Y P E S O F H O M E S . Real Estate is Local
Bay

Buyer Services Agreement

January 1st 2024 Agency Law significantly changed, without clear guidelines as to what is or isn‘t a real estate service or when in the process the agreement needs to be signed. This has created distress for both buyers and brokers alike because it is a law. At Chambers Bay we have decided to err on the side of common sense and present our understanding as such. Our goal is to NOT hold you hostage. The broker buyer relationship is just that a relationship in which you have some say.

Are not:

Holding an open house and answering your questions specific to the home.

Having a website where you sign up for listing emails or sending you listings to view.

Any service requested, by you is:

Showing you a home as requested by you via a website or email as a buyers agent.

if you call the broker on the sign and they come to show you the home. “Limited Dual Agency” if allowed by both buyer and Seller

Providing you any advice on pricing, negotiation or asking any seller questions on your behalf.

Showing multiple homes or scheduling a tour as a buyers representative at your request on your behalf.

Key Information:

Buyer Services Agreements are required by law to work with any broker as of January 1st 2024.

Buyer Services agreements can be for a day, a specific home, an area or a period of time, exclusive or non exclusive.

Buyer Services agreements can be terminated

3610 Bridgeport Way W Suite 7 | University Place, WA 98466 | (253) 565-1121 @windermere253 @windermerechambersbay Who You Work With Matters windermerechambersbay.com Pierce County is a collage of hyper local real estate markets. Windermere Chambers Bay brokers navigate these markets with personal firsthand knowledge of not just your city, but your unique neighborhood. Your street, Your home. Your community. Market knowledge is key. We know what's happening in the market in the moment in the time that matters to you - right now.
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