Brenda's Blog - Archives January, 2008

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Housing Affordability - 01/24/08 06:05 PM

In the Kitsap County real estate market, we have been monitoring how affordability has improved for conforming conventional borrowers as a result of the reduction in median sales price and rates. Affordability for that class of buyer (admittedly limited) has improved to mid 2004 levels with the reduction in median sales … (1 comments)

Silverdale Real Estate Market Report - December 2007 - 01/09/08 08:17 PM

Homes in Silverdale were selling for a median price of about $318,500 at the end of December, up about 1% from a year ago. The number of YTD closed sales was down 3.7% from a year ago, compared to a drop in closed sales of 18% for the County as a … (0 comments)

Poulsbo Real Estate Market Report - December 2007 - 01/09/08 08:12 PM

Homes in Poulsbo were selling for a median price of about $355,000 at the end of December, up about 1.4% from a year ago. Kitsap County median prices were up 6% over the past year. The number of closed sales YTD has increased 13% compared to last year, and the number … (0 comments)

North Kitsap Real Estate Market Report - December 2007 - 01/09/08 07:49 PM

Using the example of Kingston - the largest housing market in North Kitsap - homes were selling for a median price of about $357,250 at the end of December, up about 7% from a year ago. Kingston prices fluctuate more than some of the other markets because of the lower listing … (0 comments)

Bremerton Real Estate Market Report - December 2007 - 01/09/08 07:45 PM

Homes in Bremerton were selling for a YTD median price of about $211,475 at the end of December, up about 6% from a year ago. The December median price for closed sales was $170,750, indicating that prices may be coming down. Kitsap County median prices were up 6% over the past … (0 comments)

December Market Report for Bainbridge Island - 01/09/08 07:36 PM

Homes on Bainbridge Island were selling for a median price of about $680,000 at the end of December, up about 3% from a year ago. The December median price for closed sales was $605,000, indicating that prices might be beginning to fall. Kitsap County median prices were up about 6% over … (0 comments)

Applying National Real Estate News to the Kitsap Local Market - 01/07/08 03:07 PM

There is a recurring scene in the movie, "Shakespeare in Love", where in the midst of what appear to be dire circumstances with performing the play, Hugh Fennyman (Tom Wilkinson) frantically asks Philip Henslow (Geoffrey Rush) "What do we do?" Henslow replies, "Nothing. Strangely enough, it all turns out well." "How?", … (0 comments)

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