Market Stats

S o I've heard a few times in passing recently  that the housing market is worse than a year ago, and folks wondering aloud when it will change, so I took a  look at some market activity numbers this morning and found that things are indeed much better than a year ago and I can't see them moving backwards at this point.  …

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G ood news on the Jumbo loan front, the first securitization since 2008 closed late this spring which may point to the beginning of a recovery in the higher price range for real estate. Until this $238 million dollar securitized deal was sold all jumbo loans had to be portfolio loans which banks are reluctant to do. This …

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The Northwest Multiple Listing Service released the following market update today: K IRKLAND, Wash. (March 4, 2010) - Northwest Multiple Listing Service members reported strong gains in home sales during February, with brokers pointing to several encouraging signs for a busy spring season. Improving consumer confidence …

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A quick conversation with the Skagit County Assessors Office confirmed that while they are not done with the process of doing their analysis, it does look like they will be adjusting down a good amount of the residential properties in Anacortes by around 10% and some possibly down by 15%. At this point there is no way …

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I don’t have to tell you that there are a lot of factors to be considered when determining property values - some scientific, (probablities, sales histories, market averages, etc.) and some emotional (how motivated is the seller, can that one-in-a-million buyer live without the property, etc.). One thing is certain, …

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O ur area's largest homebuilder has boosted production from 2 homes a day, to 3 homes a day in response to the uptick in home sales. Quadrant homes are in the $200-300,000 range and are lined up exactly where demand currently lies. I wouldn't expect to see some of our higher end home builders jump on the bandwagon just …

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G ood news for home builders, and ultimately the economy. Sales of new homes showed strong increases in June, inventory of new homes has dropped below "normal" levels, and builder confidnece is up. All of these point to more new home starts in our future which of course means jobs in the construction industry and supplies …

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W aiting to buy? Don't. While we are not performing at the same level as the rest of the area, we are on our way. The North West Multiple Listing Service reports shrinking inventory, double digit increases in pending sales, solid open house activity, and signs of stabilizing prices (eight of the 19 counties reported show …

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Have you ever seen Trulia? It is a pretty fun website that is all about real estate.  They have very interesting and very pretty stats to look at, and you can check out listings from all over the country! Here’s the link to the Trulia Anacortes stats page -(Thank you in advance for politely ignoring all those other …

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Here are some fun graphs and tables to keep you busy this weekend! If you read my newsletter, you know I am not one to sugarcoat a situation, but I do feel a bit of a warming in the market. Or, at least a bit of a slowing of the slide. Is that creaking noise the ice beginning to move? Let's hope so! Better yet... let's …

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