Team Skally’s Market Minute
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Remember that famous Tina Turner line?
For the younger folks out there asking, “Who the heck is Tina Turner”?
Tina Turner was a legendary vocalist who survived a tumultuous relationship with her first Husband, Ike. She famously sang about the relationship in her song “What’s Love Got to Do With It?”, a cynical song about the possibility of never finding or experiencing true love.
And yet… Tina’s story didn’t end there.
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Team Skally’s Market Minute
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One of the greatest blessings of our family business is the meaningful role we get to play in people’s lives. We meet extraordinary people every day and help them create the lifestyle they dream of. Over the years, many of our clients have been families who recently arrived in the United States or are first-generation Americans.
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Team Skally’s Market Minute
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This time of year is always insightful for us. We take a look in the rearview mirror to understand how the market performed—and why—then look through the windshield to anticipate what’s ahead. That perspective allows us to give our clients and insiders an edge. And that edge is all about outperforming the market.
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As we head into a new year, we return to a simple but powerful family tradition that has brought clarity, focus, and real transformation into our lives: choosing our Word of the Year. Rooted in the Universal Law of Attraction—“what we think about comes about”—this serves as a reminder that what we put into the world has a way of coming back to us!
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Team Skally’s Market Minute | Seattle’s Eastside November 2025
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As Team Skally, our North Star is simple — to make lifestyle dreams come true. Recently, we decided to make one of our own dreams a reality by checking off a long-standing bucket list item: a trip to Greece.
Our proprietary market conditions algorithm indicated a shift from a “Balanced Market” in September to a moderate “Buyer’s Market” in October.
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A few years ago, we co-signed credit cards for our boys. The idea was simple: help them build credit and teach them a little about money. In some ways, mission accomplished.
Lately, headlines have been filled with negative news about the housing market. While it’s true that several macroeconomic factors are shaping the national conversation, it’s the micro factors that truly define what’s happening at the local level.
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We feel so lucky for our friends who introduced us to their daughter, whose family was looking to buy a home in Newcastle. They wanted someone local who could guide them through this ever-changing market, and we were thrilled to step in and help.
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With our youngest son approaching his senior year of high school, we’ve been enjoying the journey of touring college campuses to find the best fit for his ambitions.
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Last month, we officially shifted from a seller’s market into balanced market conditions, where neither buyers nor sellers have a clear advantage. While we remain in a balanced market this month, conditions continue to shift in favor of buyers.
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Over the past several months, we’ve been forecasting a notable shift in the housing market—and in June, that shift became official. The Eastside market has transitioned from a seller’s market to a balanced market, where neither buyers nor sellers have a clear upper hand.
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As real estate professionals, we’re on the go — often 24/7. And while we LOVE what we do, even we need a break from the around the clock emails, texts, and open houses every weekend. So when we finally carved out a few days for a quick getaway, Matt knew exactly where to take us: Off the Grid to The Olympic Peninsula.
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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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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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vWith the uncertainty around tariffs and impacts to the economy, many clients and friends have reached out to us, curious about the impacts on the housing market. Despite the headwinds, some of these impacts are resulting in favorable buyer conditions. A leading indicator is housing inventory.
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