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Is There a Silver Lining to the Silverdale WA Real Estate Market?

By
Real Estate Agent with Fathom Realty West Sound WA State 52404

silverdale wa real estateDoom 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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Kitsap County WA Real EstateRich 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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Rich Jacobson is a REALTOR® and licensed Broker with Fathom Realty. He's a Crab Hunter, Clam Digger, and Oyster Shucker, skilffuly vanquishing anything in a shell! He is the Social Media Evangelist for Life on the Kitsap Peninsula & The Western Puget Sound in scenic WA State.

Sandra Pearce
Republic Mortgage Home Loans in Olympia Washington - Olympia, WA

Oh how i don't like the Doom and Gloom... It is a wonderful time for investors to buy and a great opportunity for first time home buyers who have had the dream of homeownership but haven't been able to do so with the market as high as it went.  Thanks for the tip on Silverdale and Bremerton..

Feb 08, 2011 11:51 AM
Rene Fabre
ARFCO Media - Renton, WA
Practicing Philosophical Eclectic of the Arts

And a beautiful corner of the globe it is! You got me to thinking it might not be such a bad idea to move across the pond (I mean sound)... 

Feb 12, 2011 05:24 AM
Steven L. Smith
King of the House Home Inspection, Inc. - Bellingham, WA
Bellingham WA Home Inspector

Rich,

It has been slow here too, yet I booked five inspections within three hours today. Wow. Not sure I have ever done that before.

Feb 15, 2011 12:51 PM