Mike Simonsen Economic Presentation

This past week, Alyssa and I visited South Lake Tahoe and attended the Compass NorCal Tahoe Economic Summit alongside 315 other Compass agents. It was among the coolest and most welcoming conferences we've attended and we sincerely appreciate the connections we made with other Compass agents and the time we spent together sharing our respective wins and learning experiences from the past year. 

One of the highlights of the Summit was Mike Simonsen's overview of the current economic climate and what it could mean for the next 6 to 24 months. Here is a recap of his slide deck and my commentary on the valuable context Mike provided.

2025 Tahoe Economic Summit Mike Simonsen Pres 1

Slide 1

In Mike's first slide, he shared that this heatmap of the United…

76 Views, 0 Comments

Read Full Post

How to Determine if Waterfront Vacant Land Will Work for your Home or Development Project

Undeveloped waterfront land **with development potential** is becoming increasingly more rare. Not only is there a limited amount of waterfront vacant land remaining, but every year environmental regulations on development are becoming more restrictive rendering a considerable portion of waterfront land unbuildable. 

This post is going to be the first in a series detailing various due diligence frameworks I encourage my clients contemplate to help determine if a waterfront property is a good fit for their desired development outcome. 

Puget Sound Waterfront Vacant Land

ZATUM

The high-level framework that encourage my clients to apply during the waterfront vacant land due diligence…

69 Views, 0 Comments

Read Full Post

Evaluating Shoreline Stability

In this video, I'm going to show you one of my favorite tools to help a buyer determine if they want to engage with a geotech consultant and figure out the stability of a shoreline.

The tool is Google Earth Pro, desktop version. And the example that I'm going to use is this property right here.

This is on Whidbey Island, which is a beautiful island in the Olympic Rain Shadow, so it has very limited rainfall. It's looking straight out toward the water. This is a Vancouver Island and Victoria, British Columbia across the body of water here.

As you can see, this is a high bank property. So, if a buyer was looking at this and they said, hey Chris, what's the bluff stability look like on this shoreline? First,…

49 Views, 0 Comments

Read Full Post

Evaluating Flood Risk

Chris Murphy here coming to you from my home base, the COMPASS office in Point Ruston, which is a waterfront master planned community along the shoreline of the South Puget Sound here in Tacoma, Washington.

Today I'm going to give you a quick demonstration of how I illustrate flood risk to clients. I do this both in the office and through screenshots that I send in emails to them.

Before I do, I'm thrilled to share that we're now over 100 waterfront properties listed by Compass Agents on waterfronthomes.com. As I've shared in the past, my goal is to feature every waterfront property listed by a Compass Agent, and so while we still have a long way to go, I'm really grateful for all the collaboration of bringing…

107 Views, 0 Comments

Read Full Post
View All Results