Team Skally's Market Minute | Shift Happens!

Shift Happens! Throughout the year, we’ve been sharing shifting market conditions, and May represented a significant tipping point in favor of buyers. Homes available for sale doubled over last year, with over 2 months' supply of inventory on the market. This sharp increase in inventory resulted in a 4% reduction in the median sold price versus last year.

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Lessons on Parenting - Part 2 of a 2-Part Series

Last month, in Part 1, we shared some of the parenting lessons we’ve learned along the way—things we could have done better, or as we like to call them, “learning opportunities”.

Part 2: This month, we’re sharing our Top 10 Parenting Practices—the approaches and habits that worked well for our family and helped shape who our boys are today.

Here are a few things we think we did pretty well—and love sharing with friends and neighbors who are about to experience the joys and challenges of parenthood…

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Lessons on Parenting - Part 1 of a 2-Part Series 

In the spirit of Mother’s and Father’s Days, we have created a two-part series about our parenting lessons. Quite a few of our friends are experiencing parenthood for the first time and they often ask us for parenting advice. While perfect parenting is impossible, we have seen how some of our parenting practices have worked well while we could have done some things much better. As with most things in life, experience teaches us incredible lessons so here are some of the parenting lessons we often share with our friends… 

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Uncertainty Creates Fear, Fear Creates Opportunity!

Our 2025 market predictions are playing out mostly as we expected. The seasonal wave repeated the trend of previous years, with the median sold price on the Eastside rising monthly from December through March. In March, the median sold price on the Eastside was $1.71M, nearly an 11% increase from December of 2024. 

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Optimist Club

On a recent trip back to Minnesota, Matt was helping out his Mom in the garage when he noticed something that sparked wonderful vibes.

It was his 1984 camp t-shirt from the Salvation Army pinned to the wall. It brought back memories of playing basketball and games, chowing down McDonald's lunches, and being influenced by some incredibly positive, encouraging, and supportive camp counselors.

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Are you Curious?

As we’ve witnessed Microsoft’s incredible performance with Satya Nadella’s leadership, we began thinking about what has contributed to this great success. There are certainly too many ingredients to mention here, and yet there is one that strikes us as key. It comes from one of the things Satya said when guest speaking at an event we attended years ago: “Don’t be a know-it-all…be a learn-it-all”.

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Team Skally | Market Update

With persistent low inventory levels, we expect the seller’s advantage to continue in 2025. However, signs of a more balanced market are upon us. Our latest prediction is the result of our analysis of key Eastside market statistics. Here are three key findings…

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Team Skally | 2025 Market Predictions

Oftentimes, past performance is a predictor of future behavior. The year following 9 of the last 11 presidential elections brought a robust real estate market. With continued constrained inventory, demand expected to increase due to a resilient local economy, and moderating interest rates, we expect the median sold price to continue to appreciate.

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Team Skally | Market Update

While listings increased 17% over last year, persistent demand outpaced inventory. There was just 1.1 months of inventory on average throughout 2024, down 14% versus last year. The lack of inventory and moderating interest rates led to the median sold price on the Eastside being up to $1.59M or +12% vs. last year.

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What's Your Word Of The Year?

Nearly 20 years ago we decided a fun date night would be to privately write down our favorite baby names and then compare our lists to decide on the name for our 1st Son. Well, what we thought would be an epic evening of lively debating names, and ultimately landing on one together, turned out to be a non-event because the #1 name on both of our lists was the same. And it wasn’t even Dominick or Dominique…it was Dominic! 

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What are your favorites?

Over the years we’ve discovered that one of the great secrets of life seems to be learning from experience. Although we have had incredible life experiences there are so many things we just haven’t done and just don’t know. What’s the best way to close the experience gap and maximize our one precious life? We’ve found it best to approach every situation with curiosity and openness. We call it “what are your favorites”.

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5 Simple Ways to Enhance Your Home's Aesthetic and Spread Neighborly Vibes!

We love walking our dogs around our neighborhood, especially past a particular house with the most stunning yard. The owner is always out there, updating her garden and decor with the changing seasons. It truly reflects her pride of ownership, and it always feels so inviting. Her home is a perfect example of how refreshing your landscaping can boost your home's look and the feelings it generates as people walk and drive by.

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Day Trip to Whidbey Island

We are incredibly fortunate to live where we do! There are so many amazing places to explore and activities to enjoy. In just a few hours, you can go from snowy mountains to sandy beaches, and the natural beauty around us never gets old. One of our favorite destinations is now Whidbey Island. Surprisingly, it took us seven years to finally explore this gem! For our anniversary one year, Matt planned a special day trip, and I'd love to share the itinerary he put together.

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