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economy: Camano Island, WA - Market Update – January 18, 2008 Snapshot - 01/18/08 11:12 PM
Welcome to the first 2008 snapshot of what is going on in our market place today, January 18th.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today on Camano Island for residential homes.
What does this mean?
Sellers, let's be honest. The market on Camano Island is challenging right now. Some of the best price ranges to be in are $150,000-$250,000 but there is a lot of competition. Pricing, condition, and marketing are key in order to get your home sold. But, … (4 comments)
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economy: Stanwood, WA - Market Update – January 18, 2008 Snapshot - 01/18/08 11:02 PM
Welcome to the first 2008 snapshot of what is going on in our market place today, January 18th.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Stanwood for residential homes.
community news,economy,market updates,sell your home,statistics,tips for buyers,tips for sellers,marysville,snohomish county
What does this mean?
Sellers, if you are under $200,000, priced right and your property shows well, then get ready to move, chances are good you'll see an offer and fairly quickly! Pricing and condition are key, as there is a … (0 comments)
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economy: Arlington, WA - Market Update – January 18, 2008 Snapshot - 01/18/08 10:55 PM
Welcome to the first 2008 snapshot of what is going on in our market place today, January 18th.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Arlington for residential homes.
What does this mean?
Sellers, if you are under $250,000, priced right and your property shows well, then get ready to move, chances are good you'll see an offer.
Buyers, there is plenty of inventory to choose from, but don't wait too long, homes are moving fairly well. Certain price … (0 comments)
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economy: Marysville, WA - Market Update – January 18, 2008 Snapshot - 01/18/08 10:48 PM
Welcome to the first 2008 snapshot of what is going on in our market place today, January 18th.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Marysville for residential homes.
What does this mean?
Sellers, if you are between $200,000 - $350,000, priced right and your property shows well, then get ready to move. You should see an offer.
Buyers, there is plenty of inventory to choose from, but don't wait too long, homes are moving.
Looking over the data from … (0 comments)
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economy: FHA & the Real Estate Circle of Life. - 01/06/08 01:05 PM
There is some great news for home buyers (and sellers!) on it's way in. On December 14, 2007 the Senate passed a new law - the FHA Modernization Act of 2007.
What is this?
Essentially, this will help buyers by offering alternative ways of borrowing money that are much less risky than the sub-prime mess we saw. There are a couple main features involved with this law.
Current Assistance. It will assist homeowners who are in a current unfortunate situation of not being able to pay their mortgage payments as a direct result of being involved with the sub-prime Adjustable Rate Mortgages.
FHA Loan … (9 comments)
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economy: Market Update - Marysville 20007 Snapshot - 01/01/08 10:25 AM
Let's close 2007 with a quick snapshot of what is going on in our market place today.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Marysville for residential homes.
What does this data mean? Well, in Marysville there is only a 5.5 month supply of inventory. That is a nice balanced number.
It means if you are looking to sell your home, and you are in the $200,000-$300,000 range, then make sure you price it right and spend time sprucing it … (2 comments)
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economy: Market Update - Camano Island 2007 Snapshot - 12/31/07 03:57 PM
Let's close 2007 with a quick snapshot of what is going on in our market place today.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today on Camano Island for residential homes.
What does this data mean?
It means if you are looking to sell your home, you'll need to be patient and price it right! Some of the best price ranges to be in are $350-400,000 and over 1 million.
If you are a buyer, these numbers mean that you do … (0 comments)
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economy: Market Update - Stanwood 2007 Snapshot - 12/31/07 03:51 PM
Let's close 2007 with a quick snapshot of what is going on in our market place today.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Stanwood for residential homes.
What does this data mean?
It means if you are looking to sell your home, if the value is around $200,000 you'll be doing well. 33% of homes in this range are pending and the average days on market is very reasonable, at only 74.
If you are a buyer, these numbers … (8 comments)
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economy: Market Update - Arlington 2007 Snapshot - 12/31/07 03:46 PM
Let's close 2007 with a quick snapshot of what is going on in our market place today.
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Arlington for residential homes.
What does this data mean?
It means if you are looking to sell your home, if the value is around $200,000 you'll be doing well. 16% of homes in this range are pending and the average days on market is very reasonable, at only 67.
If you are a buyer, these numbers … (0 comments)
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economy: Foreclosures. It goes back to supply & demand (Part 1) - 12/27/07 05:29 PM
Think about it this way. Real Estate is all about supply and demand. In my area, almost all short sales and foreclosures are listed through our multiple listing service. These homes are available on the market, just like all the other homes in the area. Good investors do not like to get caught in bidding wars. That defeats the purpose and the good deal usually goes right out the window.
If that property has not sold under the normal market conditions, what makes you think you are getting a good deal at the auction? Remember, it's all about the moment and the … (2 comments)
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economy: Arlington, WA - December 2007 Snapshot - 12/19/07 12:05 PM
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Arlington for residential homes.
What does this data mean? Based on the number of total homes for sale, buyers have a lot of options when choosing their homes. For residential homes in Arlington, they are on the market for an average of 107 days each! The number of pending sales tells us that the demand is less than it has been in the past years, but that homes are still selling and … (0 comments)
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economy: Stanwood, WA - December 2007 Snapshot - 12/18/07 07:14 PM
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Stanwood for residential homes.
What does this data mean? Based on the number of total homes for sale, buyers have a lot of options when choosing their homes. The number of pending sales tells us that the demand is less than it has been in the past years, but that homes are still selling. The residential homes in Stanwood are on the market for an average of 113 days. Not bad at … (0 comments)
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economy: Camano Island, WA - December 2007 Snapshot - 12/18/07 07:07 PM
The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today on Camano Island for residential homes.
What does this data mean? Based on the number of total homes for sale, buyers have a lot of options when choosing their homes. The number of pending sales tells us that the demand is less than it has been in the past years, but that homes are still selling. Currently, all residential homes are on the market for an average of 138 days. It isn't the … (0 comments)
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economy: There is no secret plan. - 12/17/07 04:52 PM
There are more and more companies than ever before that will show you the "secret to success in real estate." Add to that the issue that so much information is available online, everyone has become an "expert" in real estate and you have quite a mess on your hands. Today, not only will the marketing companies sell you the secrets to success, but your mother, friend and neighbor all have the answers too. How confusing is that!
Here's what I believe... There is no "secret plan." There is not one approach that will work for everyone. We are all individuals. Not until … (13 comments)
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economy: Real Estate 101 - 12/11/07 03:13 PM
I was recently reading an article by Denise Lones, MIRM, CSP with The Lones Group in Bellingham, WA and boy did she hit the nail on the head!
Real Estate follows the rules of basic economics - supply and demand. The supply and demand in real estate is the same as the supply and demand in the stock market. Please read that again.
We can all understand how the stock market is driven by supply and demand. When the marketplace needs a product, then the company who can deliver that product sees their stock prices rise.
In real estate, the same can be … (11 comments)
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economy: Why People Buy - 11/16/07 09:43 PM
There are three main reasons why people buy homes. The first is the economy and ours is great! We have three major hubs - technology, aerospace, and medical research. Boeing has orders for the next 22 years, is currently hiring like crazy and their employees are on mandatory overtime. Costco is looking into major expansion in our area. The Port of Seattle estimates that their container traffic will be doubling in the coming years. I could go one and on, but the main point is that as long as our job market is strong and people will continue to move to … (3 comments)
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economy: Our market is HOT in Snohomish County! - 11/11/07 01:58 PM
Let's talk about what is really going on with real estate in my local area - Stanwood, Arlington, Camano Island and most of Snohomish County in WA.
The most important thing to remember is that Real Estate is LOCAL!
The strength of our economy is one reason why housing in our area has such a bright outlook. Our economy is great! With our three main diverse job hubs here - technology, aerospace and medical research not to mention the local coffee market and other strong retailers, our job growth is strong and we have seen some of the highest appreciation in the nation. … (4 comments)
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Jen Hudson - Stanwood, Camano & Arlington,WA
Stanwood,
WA
More about me…
Windermere Real Estate/M2, LLC
Address: 95020 19th Ave, Everett, WA, 98208
Office Phone: (360) 652-1200
Cell Phone: (206) 293-1005
Email Me
What you should know about real estate in Stanwood, Arlington & Camano Island, WA. And, maybe some other tips too.
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