Smart Moves :: Persinger Group

The place where smart people who make smart decisions go to read, watch and listen online to insights and advice about home buying, home selling, homeownership, money, personal finance and real estate investing. Also the home of #insiderealestateshow and #snoholife  

Oct. 2, 2019

Waiting For Recession To Buy A Home

If you're waiting for a recession and home values to drop before you buy a home...

That home buying strategy could end up being a costly home buyer mistake.

There's three reasons why that could be a big mistake.

Over the last few years We've heard a number of people very frequently saying "I'm going to buy a home, but I'm going to wait for this next recession. I'm going to wait for home values to crash before I buy."

I guess the thinking is that what happened during the Great Recession, 10 years ago is something that's going to happen again, and going to happen very soon.  

And the thing is we've been hearing things like this since 2015.

And we've had plenty of clients that have bought during 2015 or 2016, home values have been increasing, they've been able to pay down the principal, sell their home and they move on to another home a bigger nicer home all in this time period.

Meanwhile, there's someone else, delaying buying a home, waiting for a recession, thinking to themselves,  "I'm just gonna keep paying rent and I'm going to keep waiting for home values to drop."

Watch This Video For The 3 Reasons Maybe You Should Stop Waiting


3 Reasons Why Waiting For A Recession To Buy A Home Could Be A Big Mistake

Stop Waiting For A Recession To Buy A Home (Reason #1)

96 different economists asked about how likely an upcoming recession is and how does that impact home values. Most of them agreed, Yes, there will be a recession coming and it will might most likely happen in the next 18 months, but it probably will not impact home values, very much if at all.

Their prediction is that home values are still going to go up by 4.8% in 2019

2.8% in 2020

2.5% in 2021

3% in 2022

3.4% by 2023


So according to the economy experts, home values are going to be slowing down, with not much appreciation, but there won't be a real estate market crash.

Stop Waiting For A Recession To Buy A Home (Reason #2)

The second reason why it's probably a mistake to be waiting for a recession to buy a home is that homeowners are not putting themselves into trouble by taking cash out of their property.

What was happening during the last Great Recession - I was in real estate during that time - is homeowners were using their properties their homes like a piggy bank, an ATM, they're going back and refi- ing. 

Pulling money out taking expensive vacations, buying nice cars. Basically the equity left in the home was zero.

That's not happening this time.

So for example in this article on CNBC, it reads:

"The collective amount of money borrowers could pull out of their homes, while still retaining 20% equity, hit a record $6.3 trillion in the second quarter of this year, according to a new reading from Black Knight, a mortgage data, technology and analytics company.

Homeowners, however, are sitting on their equity more than they have in the past. Just $54 billion in equity was withdrawn in the first quarter of this year. That is the lowest volume in four years and the lowest share of available equity tapped since Black Knight began tracking the metric in 2008. Less than 1% of tappable equity was withdrawn."

Less than 1%.

Homeowners have a lot of equity in their home. They're very house rich and they're leaving it there. 

Not like people did in the Great Recession where they're using their home as an ATM pulling it out and living more extravagant lifestyle than what they could really afford because the equity in the home was allowing for that to happen.

It seems this time around homeowners are a lot more savvy and not making that mistake.

What that means is, even if home values drop, current homeowners have so much equity in their home, they don't have to panic and sell their home for less. 

Stop Waiting For A Recession To Buy A Home (Reason #3)

And the third reason why it's probably a mistake to keep waiting for that recession before you buy real estate comes from a podcast from the financial website

The topic of this podcast was the 8 things that happen a recession hits.

During topic, number four, they shared,

"The price of your house actually might go up. I think a lot of us were stung by the Great Recession, and that was really the first time we saw a nationwide drop in home prices. The truth is, when you look at recessions historically, home prices actually hold up well. There was a study by Mark Hulbert, and he published it in MarketWatch, where he found that when you look at the Case-Shiller Index of home prices, it actually does better during stock bear markets than it does during stock bull markets. Historically, in most cases, your house is actually a good hedge against a recession, against inflation, and a stock market drop. However, during the Great Recession, what we saw the last time, that was not the case. There will always be outliers. But generally, houses hold up pretty well."

Are You Going To Keep Waiting For A Recession?

If so, that's cool.

Buying a home is a big deal and you shouldn't do it until you feel ready and comfortable.

But if any of these three reasons makes sense to you, and you see how they could be costly mistakes...


You'll also want to check out our Costly Mistakes Home Buyers Make guide.



  • Help you understand credit scores and Debt to Income Ratios

  • The financial benefits of having a mortgage

  • Why your first home probably shouldn't be your dream home

  • The biggest myth that keeps people from buying and costs them money

  • And more...

Posted in Buying
Oct. 2, 2019

The Snohomish River Run Offers a Beautiful Course Near Any Snohomish Home

Snohomish home owners go on the Snohomish River Run.The Snohomish Running Company is excited to invite all who call Snohomish home to the Snohomish River Run. This event will take place on Saturday, October 12th and Sunday, October 13th 2019. Runners will enjoy a beautiful course along the Snohomish River and through Historic Downtown Snohomish. The route will be flat and there are options for USATF Certified Marathon, Half Marathon, 10K, and 5K runs.

Fall is the perfect time to race and maybe even qualify for the Boston Marathon or other big race. The crisp temperatures make it comfortable and the gorgeous fall colors make the run extra special. After the race, all are invited to stay for a while and have some hot soup, watch the awards ceremony, and enjoy live entertainment. Anyone who finishes the race will receive a medal and all who registered by October 1st were eligible for personalized bibs and race shirts. Those who run the full marathon will also get a finisher jacket. Registration prices after October 1st are $115 for the full marathon, $85 for the half marathon, $65 for the 10K, and $50 for the 5K. The charity partner for this race is Girls on the Run Snohomish County.

The 5K and 10K will take place on Saturday and begin at 8 a.m. The full marathon will start at 7:30 a.m. on Sunday and the half marathon will start at 8 a.m. on Sunday. Participants should watch for parking information after signing up, but there is plenty of street parking in the downtown area.

Even if running is not your favorite pastime, all who call Snohomish home are invited to come out and cheer on the runners. Also consider sponsoring this event or volunteering your time. The Snohomish River Run would not be able to take place without the generous sponsors from the community. Find out more about the race and get registered online. 


Sept. 25, 2019

Have a Blast at Downtown Snohomish Real Estate at the Classic Car Display

Snohomish real estate owners go to the car show.Classic car lovers should come to downtown Snohomish real estate this coming Sunday, September 29th for the annual Classic Car Display. The event will run from 10 a.m. to 4 p.m. Come see an amazing variety of classic cars, hot rods, and other special vehicles. There will be a DJ and music, as well as vendors from the local business community. This is a wonderful way to spend a day with friends and meet other car enthusiasts.

While pre-registration has closed, there will be day-of registration, which will begin at 5:30 a.m. on Saturday. The staging area will be at McDaniel’s Do-It Center, at 510 2nd Street. At 7:30 a.m., all vehicles will proceed down Maple Avenue to 1st Street, where the main display will be. Anyone who wants to register a vehicle after 7:30 should enter 1st Street via Lincoln Avenue. Registration will cost $25. Participants can pay by check or cash. You’ll receive a dash card for your car that will show you are participating in the display. Cars can display the year of the car’s manufacture, the history of the car, and decorations from the car’s era. Both spectators and car owners can commemorate the day by purchasing a t-shirt for $18.

Cars in the display can compete in several categories, which will be judged by participants. Fun categories and “people’s choice” will be judged by participants together with spectators. In addition to classic and vintage cars, there will be hot rods, trucks, luxury cars, exotic and rare rides, and specialty cars. The day is a fun time for all Snohomish real estate owners.

The Classic Car Display is in its 37th year. It is a fundraiser for the Snohomish Chamber of Commerce. The funds raised will go to the chamber’s programs that support local businesses and community. Find more information on the chamber’s website. 


Sept. 23, 2019

Find Great Child Care Close to Your Lake Stevens Home at the Boys and Girls Club

Lake Stevens home owners get childcare at the Boys and Girls Club.Anyone looking for childcare near their Lake Stevens home can take a look at what the Bargreen Lake Stevens Boys and Girls Club has to offer. The childcare program serves children in full-time kindergarten through 5th grade at Glenwood, Highland, Hillcrest, Skyline, Stevens Creek, Sunnycrest, and Mt. Pilchuck Elementary Schools. Drop off is available as early as 6:00 a.m. and children can be picked up as late as 6:30 p.m. Transportation to and from school is included and this care also covers early release days and conference weeks.

The rates for childcare services are $300 per month for either morning or afternoon care or $400 per month for care in both the morning and afternoon. Children will love participating in many activities in the morning before school. The gym is open, there is ping pong available, carpet pool, movies, board games or cards, computer time, and art projects. Time in the afternoon always starts in the gym with organized activities. Children then have a snack and work on homework or read a book. Between 5 p.m. and 6 p.m. children can participate in a variety of clubs or special event classes and free time is offered from 6 p.m. to 6:30 p.m. This facility also offers transportation to Lake Stevens Middle School.

In addition to childcare, the Bargreen Lake Stevens Boys and Girls Club offers sports programs as well as special events each month to those who call Lake Stevens home. Parents are invited to enjoy a date or other activity while the children participate in Kids Night Out or Teen Night. These special nights are for members only and are available the second Friday of every month from 6:30 to 9:30 p.m. for children in kindergarten through 5th grade or the third Friday of every month from 6:30 to 9:30 p.m. for those in 6th grade and up.

Visit the Bargreen Lake Stevens Boys and Girls Club to learn more about childcare and special events. 


Sept. 18, 2019

Snohomish Property Owners Come Together for the Friendship Festival

Snohomish property owners go to the Friendship Festival.The Down Syndrome Association of Snohomish County (DSASC) is hosting its annual Friendship Festival this Saturday, September 21st. This is a chance for people living with Down Syndrome, their families, and friends to all come together to support each other and raise awareness. The main event of the festival is the walk on Snohomish property at Harvey Airfield. You can form your own team for the walk or join one that already exists. The top fundraising team will win a vacation to Northshore Lodge at Lake Wenatchee. If you can’t come to the walk, you can still donate so DSASC can continue its work of advocacy, education, and events for people with Down Syndrome.

Saturday is going to be a lot of fun. The festival gets going at noon and runs until 4 p.m. Come at noon to register and get involved in the activities. Come hungry and have lunch at one of the food vendors. Enjoy live music and entertainment and play games. At 2 p.m., the top fundraising team will be announced and event sponsors recognized. There will also be speeches from teen self-advocates. The walk itself begins at 2:30. When the walk is over, activities start up again. The last item on the schedule is the raffle and silent auction at 3:30. The whole event is a wonderful way to meet other families, make new friends, and have a fun afternoon.

All Snohomish property owners are invited to visit the DSASC website. You’ll find more details about the Friendship Festival, including a page to register a team or donate. There are also lots of resources, including families sharing about their experience with Down Syndrome. Discover a host of resources for assistance and advocacy, both locally and nationally. There are also links to social groups, classes, and opportunities for recreation. 


Sept. 16, 2019

Monroe Real Estate Owners Go to the Library for Events, Classes, and Books

Monroe real estate owners love their local library for books, storytime, and classes. Contact the Persinger Group to check out homes in Monroe.Stop into the Monroe Library to grab some books, movies, and CDs for your Monroe real estate. Also keep an eye on the calendar for some fun and engaging classes and events for all ages. There are several weekly storytimes to get young minds excited about reading. Baby and Me Storytime takes place on Tuesdays from 10:30to 11:15 a.m. Toddler Storytime takes place on Wednesdays from 10:30 to 11:15 a.m. Preschool Storytime takes place on Thursdays from 10:30 to 11:15 a.m.

There are also several special events coming up at the end of September. Veterans’ Services Outreach - Snohomish County Veterans Assistance Program will be on site from 9 a.m. to 4 p.m. on Thursday, September 19th to offer assistance to veterans living in Monroe real estate. An Intro to Email class will take place the same day from 3 to 4 p.m. Learn how to keep in touch with friends, family, and potential employers at this informative class. Employment Navigators from the Carnegie Resource Center will be at the library on Tuesday, September 24th from 1 to 4:30 p.m. to help those affected by the opioid crisis find work and keep a steady job.

Parents are invited to come for a class offered at the library by Cocoon House. A Parent’s Guide to Teen Depression will take place on Thursday, September 26th from 6:30 to 7:30 p.m. The same class will be offered in Spanish on Wednesday, September 25th from 6:30 to 7:30 p.m. Parents can learn more about depression and when it becomes a clinical diagnosis rather than an emotion. Get information about behavioral signs to watch for, treatment options, and myths vs. facts of depression. Read more about all of these classes and events and also look at other upcoming offerings Monroe Library


Posted in monroe, Snoho Life
Sept. 11, 2019

Motorcyclists Living in Snohomish Go to Parks & Ride

Motorcyclists living in Snohomish go to Parks and Ride.Snohomish Motorcycle Club is proud to be hosting the first ever Parks & Ride event. Get ready now, as the event will be this Saturday, September 14th. Registration is still open and costs $20. This is a great way for motorcycle riders living in Snohomish to get to know a few of the county’s 100+ parks. Each rider will get a passport that will be stamped with a unique design at each park. Every stamp is another chance to win at the evening raffle at Tucker Willis Park in Snohomish.

There are a couple of ways to participate. Start at the main meeting point at the Evergreen Fairgrounds at 14400 179th Street in Monroe. Meet at 9:30 a.m. for instructions, then set off at 10. Those who register after September 6th will pick up their passport at the fairgrounds before 10 a.m. Riders living in Snohomish might want to start at Buzz Inn at Harvey’s Airfield. Buzz Inn is serving up breakfast for a limited seating of 50 people. The meal costs just $10. Other restaurants along the way will be offering specials and discounts. Or you can design your own route. Whatever you decide, be sure to end up at Tucker Willis Park in Snohomish between 2 and 3 p.m. Food trucks will roll up at 3 p.m. Fuel up after our ride and enjoy a good time with friends. The drawings will be held from 3:30 to 5 p.m. Riders will receive some great swag after the raffle stamps have been counted.

The last event of the evening will be a concert by Whiskey River, the country’s top Lynyrd Skynyrd tribute band. Rock to the sounds of your favorite hits, like “Sweet Home Alabama” and “Saturday Night Special”.

Check out the Parks & Ride event on the Snohomish Motorcycle Club website to get more information and purchase tickets. 


Sept. 9, 2019

Teams from Monroe Properties Compete at Elite Training Academy

Everyone from Monroe properties gets fit at Elite Training Academy.Elite Training Academy (ETA) is a respected training facility that offers services to those living in Monroe properties and in the surrounding area. Check out their offerings for athletic training, fitness, nutrition, and leadership instruction. This is a family oriented facility with programs for youth and adults. It is a great way to meet like minded people and have a support system for gaining health and self esteem.

Professional trainers are ready and standing by to offer a free 20 minute athletic evaluation. They are ready to hear your goals and to come up with a customized training plan that will produce results. Get in shape and work to become the athlete you have always wanted to be. Also check out the Women’s Boot Camp, Speed and Agility training for ages seven and up, ETA Select Baseball, and ETA 7 v 7.

Registration is open now for 7 v 7 football. The tryouts happened recently and those who have been offered a spot are invited to accept and register. If your player missed tryouts, be sure to watch for another round. There is a developmental team, and teams for 5th/6th grade, 7th/8th grade, freshman, and two high school teams. This is a great way for your student to make friends, get in shape, and work on football skills.

Tryouts are also coming up soon for ETA Baseball Club Be sure to sign your player up if they are interested in trying out for a spot. This program will help youth living in Monroe properties develop baseball skills, get in shape, and become positive members of the community. Read more about all of the programs offered through Elite Training Academy. There are opportunities for anyone interested in becoming a better athlete or to simply get in better shape. 


Sept. 4, 2019

Lake Stevens Real Estate Owners Learn New Skills This Fall

Lake Stevens real estate owners take community courses.The Community Education program brings many opportunities to those who live in Lake Stevens real estate to learn, grow, stay active, and meet other residents. There are many classes available throughout the year and there are some great ones available for September 2019. There are options for all ages and interests with affordable fees. Here is a quick snapshot of what is being offered.

Paper Control and Time Management for Busy Families with Monika Kristofferson will take place on Thursday, September 12th from 6 p.m. to 7 p.m. in the ESC Conference Room B. Participants will learn how to take control of the constant flow of papers that enter the home. Learn how to start a filing system, go paperless, and much more. The class fee is $20.

Hand-Lettering 101 with Jessica Mohr of Happy Heart Design Co. will take place on Thursday, September 26th from 6:30 p.m. to 8:30 p.m. The class fee is $25 and the supply fee is $20, which includes a sketchbook and two brush pens, and is due to the instructor at class. Participants will learn about the strokes used to create gorgeous lettering and what supplies work best. The class will take place in the ESC Conference Room A.

There are also many classes available to those living in Lake Stevens real estate that start in September and continue over many weeks. Sport offerings include Over 40 Baseketball, Over 18 Co-ed Adult Basketball, and Non-Competitive Co-ed Adult Volleyball. Puppy Obedience, Basic Dog Obedience, and Advanced Canine Good Citizen Prep also have sessions starting in September. Youth classes with September start dates include Engineering with LEGO, Strategic Origami: Intro to Origami, and Strategic Chess.

Download a PDF of the complete schedule and see the other classes offered. 


Sept. 2, 2019

The Best Thai Cuisine near Monroe Homes Is at Benjarong

Get great Thai food near Monroe homes.There’s really nothing like a good Thai curry or a plate of pad thai noodles. Or a bowl of tom yum soup. We could all probably go on and on about fabulous Thai dishes. And people who live in Monroe homes get to try all the favorites and discover new ones at Benjarong. The restaurant takes its name from the elegant porcelain technique, which involves delicately painted intricate designs in rich hues. Though the technique was imported from China in the Ming dynasty, it’s transformed and evolved to become distinctively Thai. The intricacy and vibrance of benjarong porcelain is just what the restaurant strives for in its cuisine.

Benjarong is open for both lunch and dinner. Almost all of the lunch combinations are just $10.49. Each one includes a side of phad thai noodles and either jasmine or brown rice. Try golden chicken or tofu, red or yellow curry with chicken or tofu, or spicy beef or tofu. You can also choose one of the noodle dishes, like phad thai, phad see-ew, or golden noodles, among many other options. Each one can be served with tofu, chicken, beef, or pork. You can have prawns or seafood for a small extra charge. Lunch entrees are served with jasmine or brown rice. Choices include holy basil, broccoli flower, or Benjarong orange sauce, and each is served with tofu, chicken, beef, pork, seafood, or prawns. The dinner menu is more extensive and includes entree salads, soups, and appetizers. There’s also a kids menu, because everyone from Monroe homes is welcome. Plan to indulge with a Thai iced coffee or Thai iced tea. Or round out your meal with dessert, like mango ice cream, black sticky rice, or sweet mango and sweetened sticky rice.

Visit Benjarong to see the full menu and a gallery of photos of the relaxing and beautiful interior of the restaurant. You can also find information for placing an online order for pickup or delivery. 


Posted in monroe, Snoho Life