Doom and Gloom. Doom and Gloom. It's playing like a broken record through the news media outlets across the country.
As a licensed real estate broker, I hear this particular sentiment being expressed a lot these days, both as it relates to the housing market in general around the US, and right here in Kitsap County WA.
Let's face it. Times are tough. Our current economic struggles breed uncertainty and unrest. The natural tendency is for people to hunker down, hold tightly to their money, and not make any major purchases.
While this may be a prudent direction for some, others may unfortunately lose out on a prime market opportunity. One of the best times to invest in real estate is at the low end of the cycle when home prices have bottomed out. Add to that dynamic the large number of short sale and bank-owned properties currently available, and you have an even better equation for investment success.
But what about the Kitsap County WA real estate market? Are there any indicators from trusted industry sources that some select markets may rebound faster than others? In spite of all the doom and gloom, will some housing areas fair better than others?
According to a recent study by Moody's Economy.com, the most robust housing market in the entire US by the year 2014 is none other than our little corner of the globe, Silverdale WA and Bremerton WA.
To read more about these projections, go to Silver Lining in the Silverdale Real Estate Market.
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Rich Jacobson is a licensed real estate broker providing Knowledgeable Empowerment and Relentless Representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, Everyday CK, HomesByHarbors, and Crabbing in the Hood, or e-mail: kitsapagent@gmail.com
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