Now is the time to buy!

By
Real Estate Agent with VA & FHA home buyers, vacation homes, foreclosure homes

Now is the time to buy Whidbey Island real estate.  


Home prices are down, interest rates are down, and rental properties are becoming scarce.  I see homes everyday that are great investment values, that I would buy myself if I could!

 

·    15 year fixed interest rates are at the lowest they have ever been!  As I write this, the fixed rate for 15 year mortgages (with 0 points) is as low as 3.35%!  Other home mortgage rates are at historic lows as well.

 

·      Prices for single family homes are well below peak levels in most Whidbey Island neighborhoods, and many condominiums are priced the lowest they have been in ten years!

 

·      Home affordability in the first quarter of 2011 was at the best level in the 20 years it has been calculated, and remains close to that record level for the latest quarter. 

 

·    Stock market volatility demonstrates that stocks are not the safest place to put all your savings.  A diversified investment strategy that includes long term investment in real estate should be part of your financial strategy.

 

·        Here are some Oak Harbor,WA homes that I think are great values right now:

 

Status

Address

Price

Sq Ft

Beds

Baths

Style

Active

4536 Woodland Cir

89500

1344

2

2

Manufactured Home

Active

537 NE Ellis Wy #B101

92500

869

2

1.75

Condominium

Active

30875 SR 20 #F-1

118000

1399

3

2.5

Condo/Townhouse

Active

30875 SR 20  #I-1

139900

1401

2

2.5

Condo/Townhouse

Active

125 NE Nunan Lp #2

145000

1333

3

2

Condo/Townhouse

Active

2011 NE 9th Ave

174000

1127

3

1.5

2 Story Single Family

Active

1917 Peacock Lane

175000

1567

4

1.75

1 Story Single Family

Active

553 SE Neil St

179000

2418

3

1.75

1 Story Single Family w/Basement

Active

2036 Rockcress Lane

185000

1262

3

2

2 Story Single Family

Active

402 NW 12th Lp

199000

1374

2

1.75

1 Story Single Family

 

Call me for an appointment to see any of these homes:  Hal Hovey (360) 929-0261

 

Whidbey Island and Oak Harbor Homes for SaleAround Whidbey
(360) 929-0261

 

Contact HalHovey 

Join Me on Facebook 

Visit my website www.HalHovey.com 

View my Video Tours at my YouTube Channel

 

 

 

 

 

Find my other blogs at Around Whidbey and Oak Harbor Homes For Sale 


Hal Hovey, Coldwell Banker Koetje Real Estate, 415 SE Pioneer Way, Oak Harbor, WA 98277

 


 


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Topic:
Real Estate Market Trends
Location:
Washington
Groups:
Activerain MLS Online
Puget Sound - WA Real Estate
Whidbey Island Realtors
Tags:
home for sale
whidbey island
hal hovey
koetje
oak harbor home for sale
oak harbor condo for sale

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Hal Hovey

Realtor - Oak Harbor Homes For Sale Whidbey Island
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