253 Magazine May 2022 Issue

MAY 2022

Farmers Markets

So much to see and do! + Amazing Adventures

Local Real Estate Market Trends Plus...

Interest Rates

The power of Windermere. The personalized service of Windermere Chambers Bay.

Sunshine on My Mind

Eat Fresh, Buy Local

So much to do!

Interest Rates

Local Real Estate Market Statistics

Broadway

Thursdays 10am - 2pm May 5 - Oct. 27 9th & Broadway

Point Ruston

Eastside

Multicare

Sundays 11am - 4pm June 5 - Sept 4 5101 Grand Loop

Tuesdays 3pm - 7 pm June 7 - Aug 30 1721 E. 56th St.

Fridays 11am - 1 pm June 15 - Aug 26 315 MLK Jr. Way

June 3rd - August 26th Fridays (in season) 3-7 pm at North Park in Orting Surrounded by beautiful farmland with a stunning view of Mt Rainier, and right on the popular Foothills Trail, the Orting Valley Farmers Market is a fabulous get-away only minutes from Puyallup. Start your weekend activities there at the market. By shopping local you help preserve local farms and farmland while supporting small businesses.

The market includes great local producers and growers, fresh foods, artisan items, free activities and entertainment.

Summer Tuesdays at Fort Steilacoom Park from 2 p.m. to 7 p.m.

2022 season begins June 7 and ends Aug. 30 8714 87th Ave SW, Lakewood, WA 98498 Apples, asparagus, bok choy, bouquets, cherries, chocolates, decorations, desserts, eggplants, elephant ears, food trucks, free parking… we have it all! The Lakewood Farmers Market is a fun and safe experience for the whole family. The new season begins on Tuesday, June 7.

The market has moved to Tuesdays from 2 p.m. to 7 p.m. and will remain at Fort Steilacoom Park – the new location has been popular among visitors. The market will accept SNAP/EBT benefits for the first time this year.

STAY FOR A PICNIC • TRY OVER 20 FOOD VENDORS • FREE PARKING • FREE TOTES • FAIR FOOD • BALLOON MAKING • DOG & KID FRIENDLY • KIDS GET $2 “HEALTHY BUCKS“ FOR FREE FRUITS OR VEGGIES!

Eat Fresh Buy Local

TACOMA NIGHT MARKET: Foss Waterway Seaport - Maritime Museum 705 Dock St. Tacoma, Wa. 98402 Saturday Night 5-10pm Sunday Brunch 11am- 4pm

CELEBRATE CREATIVITY & COMMUNITY A monthly gathering of talented artists and makers!

JANUARY 1-2 FEBRUARY 5-6 MARCH 5-6 APRIL 30- MAY 1 MAY 29 JUNE 5 JULY 30-31 AUGUST 27-28 SEPTEMBER 24-25 OCTOBER 29-30 NOVEMBER 26-27 DECEMBER 17-18

Incredible music, great drinks, and delicious local food. We host our events at multiple locations each month.

You can expect anywhere from 50-100+ vendors at each location, with indoor and outdoor booths.

Events are always all ages and free!!

So much to see and do!

It’s time to head outside. Whether hiking, beachcombing, or shopping is your thing Washington has something for everyone.

From day hikes and overnight camping to sightseeing and fantastic overnight stays complete with room service. Whatever you need or whoever you are Washington state can meet you there.

Day trips or overnights La Connor – This tiny waterfront village has all kinds of amenities. For a small town it has a number of incredible dinning choices, from Nell Thorn Restaurant to Hellams Vineyard waterfront patio dining.

Plus, amazing shops and a nature walk that ends in a picnic.

Winthrop – Methow Valley’s own “Old West“ Town. See yourself on the set of an old western strolling into Jacks Saloon or the Old Schoolhouse Brewery for an adult beverage. If sweets are more your style, Sheri’s Sweet shoppe has something for everyone.

Sequim – This small town has been recognized many times as the best place to retire to and best unsung beach towns.

Great food, beautiful flowers, and wildlife to add to an incredible shoreline.

One of a kind Adventures Ape Caves - The Ape Caves are one of the most fascinating places to explore in Washington. You can find these ancient lava tubes in the Gifford Pinchot National Forest, on the south side of Mount St. Helens. At a little over 2 miles long, they’re known as the longest lava tubes in the lower 48 states.

Lava Canyon Bridge - This Terrifying Swinging Bridge Will Make Your Stomach Drop The Lava Canyon Bridge is one of the most terrifying swinging bridges you can cross in all of Washington. This cable suspension bridge can be reached by taking the Lava Canyon Trail in the Mount St. Helens area, and it bounces with almost every step the entire way.

Second Beach - This easy, enchanting hike In Washington will lead you to a hidden beach.

Washington’s Olympic Peninsula is a great place to go to get away from it all. While it does have quite a few towns and definitely attracts its share of tourists, it’s also full of quiet beaches and forestland where you may not see another person all day.

Interest Rates.

The fear surrounding the rise in interest rates reminds me of chicken little and no the sky is not going to fall. It is like many other times and economic result to inflation; A situation we have survived before. If you are 65ish you remember being giddy at getting a rate under 14% to buy your first home.

Let's keep things in perspective. Over the past 50 years interest rates have been higher than they are right now for more years than not. Let's take a look from the 30,000 foot level. See the image below:

Who you work with matters!

Let's take a little closer look at the last 20 years. Prior to 2008 rates were above where they are now, and it was a runaway market which, as we all know, subprime lending practices led us into an economic downturn, to put it mildly.

The rates controlled by the Federal Reserve Board were set artificially low to bring us out of that downturn. We have enjoyed record low rates for the last 10 to 12 years but are now facing inflation due to Covid 19, supply chain issues, and corporate greed. The Federal Reserve has no choice but to raise rates to try and control inflation, something that has been done in years past. People still sold houses and people still purchased houses.

Who you work with matters!

MUCH LIKE PEOPLE, EVERY MARKET IS UNIQUE. SOME MARKETS HAVE VIEWS, SOME LARGE YARDS. FROM HOMES BUILT AT THE TURN OF THE CENTURY TO NEW CONSTRUCTION, EACH AREA HAS ITS OWN FEATURES AND TYPES OF HOMES.

Real Estate is Local

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