Silverdale WA and Bremerton WA tapped as #1 US Housing Growth Market

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

seabeck-wa-real-estateIn the most recent issue of US News and World Report, Silverdale WA and Bremerton WA were both ranked in 1st place among the Top Ten US Housing Markets for the Next Ten Years.

Citing a recent study conducted by Moody’s Economy.com, Associate Editor Luke Mullins shared findings that the home prices of neighboring cities Silverdale WA and Bremerton WA should expect to increase by an average of 5.2 percent annually from the fourth quarter of 2008 through the same period of 2018.

Situated near the heart of the Kitsap Peninsula, Silverdale and Bremerton WA share more than 300 miles of scenic Puget Sound coastline with other area cities like Port Orchard, Poulsbo, and Seabeck.

While the attractive Pacific Northwest location is certainly a huge draw that brings new residents to the area, the study points to the area’s stable economies as the primary determining factor for the projected future growth.  A large military presence/community— of the U.S. Navy in particular — helps to insulate the local economies somewhat from the widespread volatility being experienced in other markets around the county.

With the current low mortgage rates and the $8000 tax credit, this can be an excellent time for 1st Time Home Buyers to enter the market. And, with the number of bank-owned properties and short sales, there is also opportunities for investors to acquire some bargain-priced properties.

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Rich Jacobson is a licensed real estate professional 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, SOUNDBITEBLOG, and Crabbing in the Hood.

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Rich Jacobson is a District Director for Fathom Realty and a licensed REALTOR®; an avid Crab Hunter, Clam Digger, and Oyster Shucker, He is the Social Media Evangelist for Life on the Kitsap Peninsula & The Western Puget Sound in scenic WA State.

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Dinah Lee Griffey 06/15/2009 12:27 PM
Topic:
Real Estate Market Trends
Location:
Washington Kitsap County Bremerton
Groups:
Windermere Network Group
Life on the Kitsap Peninsula WA
Puget Sound - WA Real Estate
WATERFRONT REAL ESTATE
Peninsula Real Estate
Tags:
bremerton wa real estate
kitsap county wa real estate
seabeck wa real estate
silvedale wa real estate
top ten us housing markets

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Rainer
292,542
Diane Aurit
LKN Realty, LLC - Mooresville, NC
Lake Norman Real Estate

Congratulations!  I can see why your beautiful area was chosen...I'll bet they all read about it on your blog and then voted!

Jun 11, 2009 09:22 AM #1
Rainmaker
1,244,485
Steven L. Smith
King of the House Home Inspection, Inc. - Bellingham, WA
Bellingham WA Home Inspector

Rich,

That is good news for you I would say. I do not know where we fall up here, but things are happening for sure.

Jun 11, 2009 11:41 AM #2
Rainer
304,164
Cynthia Tilghman, Realtor® Onslow County NC Home Specialist
Kingsbridge Realty, Inc - Hubert, NC

Rich,
Now that is good information to use in your marketing material!

Jun 11, 2009 01:25 PM #3
Rainmaker
422,607
Nevin Williams
Fairway Independent Mortgage Corporation - Cary, NC
Senior Mortgage Advisor

Rich,

       That is great news for all of us.  You should do very well in the years to come.  Hey, does this mean you're buying the next round?!  LOL

Jun 11, 2009 03:47 PM #4
Ambassador
890,780
Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy

I got this whole double vision thing going...  ;^ )

Seriously, though... that is one of the areas I haven't visited yet, and would LOVE to get out there.

Jun 11, 2009 03:57 PM #5
Rainmaker
135,175
Steve Mattison
Canyon de Chelly National Mo, AZ
Vietnam Veteran

Great job, well done and very inriguing which was the point, obviously, masterfully done my professional cyber friend!

Jun 11, 2009 04:14 PM #6
Rainmaker
595,266
Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate

You sure packed a lot of information into this one! But with new this good, I'll bet your real estate market is moving a lot better than ours!

Jun 12, 2009 05:22 AM #7
Rainmaker
325,871
Esko Kiuru
Bethesda, MD

Rich,

Can't beat those news. That is a very nice vote of confidence from Moody's Economy.com. Good for you guys up there and send us down here in Las Vegas some of those same news. We need it.

Jun 13, 2009 01:06 PM #8
Rainmaker
644,228
Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers Designated Broker Leolinda Realty
Leolinda Realty - Surprise, AZ
Sun City Grand in Surprise Arizona

Rich, We all need to concentrate on the positive.  This is excellent news!

Jun 25, 2009 02:41 AM #9
Rainmaker
111,103
Sue Eller
Realogics Sotheby's International Realty-Sequim - Sequim, WA

Hey Rich,

How cool is that!  Wow, I remember back in the day when I first moved to Silverdale in 1966 and there was one stop sign at the bottom

of Bucklin Hill Rd.

Oct 13, 2010 04:01 PM #10
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