Port Angeles
Real Estate Listings
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Port Angeles
Real Estate News and Questions
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Entry level homes are in greater abundance now than they have been in a long time. At the end of September there were 106 homes available for under $200,000 in the Port Angeles market. For the same time period in 2008 there were 69 and if you look back to ‘07
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Whether from market stimulus programs or buyer necessity, the Port Angeles market has picked up in housing units sold over the last two months. Overall sales are only down eleven percent as compared to last year. If you look at sales over the last six months, we are only off by
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There are few events in life more demanding than preparing for a move. The happy anticipation of living in your new home can be unceremoniously squelched when you begin to consider the effort of packing of your grandmother’s china or your rare record collection. But take heart: the initial anxiety can
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Things are changing. If you're a seller, things are starting to look up. But if you're a buyer, the party is winding down.
We have had more homes in pending status every month for the past four months than we did in the same time period last year. Inventory is down
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Sales activity is still down from this point last year, but apparently gaining ground. Last month sales were off 41% year-to-date from 2008 levels and sales in the past six months were off by 27%.
At the end of April the market was down 32% from ‘08 and the "sold in
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Foreclosed homes are disappearing as investors and homebuyers avail themselves of low prices, historically good interest rates, the $8,000 first-time buyer tax credit and programs such as the USDA's 100% financing option. For example, of the eight homes in the $250,000 - $300,000 segment that went under contract last month, six
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The residential market has both higher inventory and higher sales than last year at this time. By the ninth week of 2008, the Port Angeles market had 264 listings. This year we have 294, an increase of ten percent. Last year we had 19 homes sold. This year there have been
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Although market activity is increasing (with eight sales currently pending in the first week of February), there were only eleven closings of residential properties in Port Angeles in January. Consequently, the absorption rate (the amount of time it would take to liquidate all of the inventory at its current rate of
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Over the course of 2007, 427 homes sold in the Port Angeles market. In 2008 the number dropped by 31% to 295 sold. At the end of 2007 we had 241 homes on the market and we had about six-and-three-quarter months of inventory. It took about two-and-a-half months to move a
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Two months ago, annual sales levels were down by about fifty percent. Last month they were down about thirty-five percent. This month, just 30% with 280 sales year-to-date versus 398 in 2007.
This is not a cause for alarm, despite what the national media are extolling. Annual sales were down in
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Sequim and Port Angeles now have a newspaper online with a new and exciting look and content that is driven by local interests, stories, and helpful news. This is bigger than it may sound for several reasons. What sets this newspaper apart from the Sequim Gazette or the Peninsula Daily News?
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Question: I am in a 9.25 interests rate and need to refinace but can't. May lose my home. Is their someone I can talk to?
Gabrielle
206-730-9922
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Finally, there is a dedicated online classified ad service for everyone in Port Angeles and Sequim, businesses and individuals, and to introduce the service with a new promotion that benefits all businesses and citizens here, the service is being promoted absolutely free until next spring, May 1, 2009.
If you're a
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Port Angeles now has it’s own Blog to openly discuss the future of Port Angeles, or in other words, the vision of Port Angeles. Many local businessman and local citizens have strong opinions about what can and should or could be done to promote Port Angeles as a great place to
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There have been fifty-percent fewer sales this year than last in the Port Angeles market.
While one might think only the higher priced homes would sell less frequently this year; the data does not seem to hold that correlation.
Shown in declining order, sales volume of homes priced between $500,000 and
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Real estate prices in Sequim and Port Angeles and throughout the Seattle area are holding up well compared to other investments, particularly the stock market right now. USA Today published an article on October 8, 2008 entitled, "$2 Trillion Wiped Out of Retirement Funds." While this represents a 20% decline in
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Sales volumes continue to decline. You may recall that in June the volume was down by 24 percent. It's now off by 33 percent.
Last year there had been 291 homes sold by the end of August. This year we have sold 195 or 67% of last year's levels. Sales numbers
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While inventory is still up over 2007 levels, surprisingly, homes under $200,000 predominate the market. Last year there were 41 homes in that price point. Right now we have 72.
Homes priced in the $200,000 - $249,999 range number the same as last year at this time; 65. Inventory for those
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Port Angeles Weather By: Chuck Marunde, J.D. Sequim and Port Angeles Real Estate (Sequim & Port Angeles Real Estate)
Port Angeles has been sunny and beautiful of late, but we have our very own weather reporting station called, "Dempsey's Weather Stone." As you can see, the stone is dry, and that means a sunny day. Obviously, this system is accurate.
A dry stone means sunny, wet means rainy, white
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Olympic Medical Center is the big hospital serving Port Angeles and Sequim. One of the questions people often ask before they decide to make this their retirement home for life is, "How are the medical facilities?" The answer is, "Outstanding." Here are some of the examples of quality health care at
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Port Angeles Water Views By: Chuck Marunde, J.D. Sequim and Port Angeles Real Estate (Sequim & Port Angeles Real Estate)
Water view property around Port Angeles and Sequim is a great attraction, especially to Californians and others where the same property is five times the price. And then there is the privacy and the peace of living on the Olympic Peninsula. Another day in Paradise.
The water views here come in
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How much does it rain in Sequim, and how does that compare to Port
Angeles? The two are only 15 miles apart, so is there really a
difference? Yes, but Sequim has done a great job promoting the rain shadow
concept, but it is real. Here is the actual rainfall in
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I enjoy a good cup of coffee in Port Angeles at the Bella Rosa. This is not a paid advertisement of any kind, but I have to brag about what I call MY coffee shop. If you love a good cup of coffee in a great atmosphere, listen up.
Outstanding gourmet
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A general rule of thumb is when home inventory is strong, land sales are slow. While the home market may be slow, inventory levels remain high and consequently land is selling slowly. Since January, there have been eleven sales in under-one-acre lots, fifteen in land from one - six acres
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As of June 2nd there were 350 homes on the market, up ten percent from the same time last year Homes priced at $199,900 and below have a 45% increase in inventory from 2007 with 66 available now versus 36 last year. Homes priced from $200,000 - $249,999 are up
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