RE Market Updates

A Ray of Hope & Sunshine

by Linda

in Buying Property,RE Market Updates,Selling Property,Whidbey Island

In keeping with the spirit of the holidays and the winter solstice, the National Association of Realtors issued a news release yesterday announcing a continuing rise in the sale of existing homes in November 2011. We can all hope that the housing market may at long last be moving in a positive direction. Challenges lie [...]

{ 0 comments }

Real Estate Market Update – Nov 2011

by Linda

in RE Market Updates,Whidbey Island

If you are allergic to data, don’t read this, because it has a lot..:-) Here’s a snapshot of the past 15 months of real estate activity for the Whidbey Island real estate market from Coupeville to Clinton. It excludes Oak Harbor and Camano Island which are very different markets compared the southern half of Whidbey [...]

{ 0 comments }

Gardner Report – Q3 2011

by Linda

in RE Market Updates,Whidbey Island

Attached is the latest Gardner Report covering the third quarter of 2011. According to Matthew’s analysis, the economy continues at a tortoise-like pace with slow, plodding improvements. Compared to the first six months of the year, Island County’s unemployment rate fell to (8.8%) from last quarter, but still a slight increase over this time period [...]

{ 0 comments }

National Association of Realtors – 2011 Housing Solutions Plan

by Linda

in RE Market Updates

I don’t usually post another blog or document in it’s entirety, but in this case, I thought it was important enough to do so. Many leading economists and regular citizens, me included, believe solving the nation’s housing crisis is the singular most important near term economic issue facing our nation, not withstanding the current focus [...]

{ 0 comments }

Real Estate Market Update South & Central Whidbey Oct 2011

by Linda

in RE Market Updates,Whidbey Island

The above chart shows the last 15 months of real estate activity for South and Central Whidbey. See discussion below: The summer finished with a total of 103 homes being sold in July-Sep 2011 compared to 83 for the same period last year which is an increase of 24% more homes sold. This high sales [...]

{ 0 comments }

Whidbey Real Estate Market Update Oct 2010

by Linda

in RE Market Updates,Whidbey Island

It has been a while since I have had time to analyze the active listing and closed sales real estate data for Whidbey Island, so I thought it would be good to give everyone an update. The data presented below is through the end of September, just as we are headed into what has traditionally [...]

{ 1 comment }

Whidbey Island Real Estate…Never a Better Time to Buy

by Linda

in Buying Property,RE Market Updates,Selling Property,Whidbey Island

It is a good time to buy on Whidbey Island. Interest rates are low, and there is excellent inventory.

{ 0 comments }

Mexican Standoff

by Linda

in RE Market Updates

Mexican Standoff? Wikipedia describes it as a slang term used for a stalemate or impasse, a confrontation that neither side can win in the foreseeable future. It describes the conflict between buyers and sellers in the real estate market today. There is a huge amount of nostalgia for the boom days of 2004 and 2005 [...]

{ 0 comments }

How I Conduct My Business

by Linda

in Buying Property,RE Market Updates,Selling Property

What is important to do, and what is not, for properties I represent for sale?  In my profession I must ask this question for each of the properties I represent every day. First and foremost, it is important that I make sure that my clients properties are being presented in an inviting way to the [...]

{ 0 comments }

Real Estate Market 2009 – A Year to Forget?

by Linda

in Buying Property,RE Market Updates,Selling Property

Looking at Whidbey Island Real Estate Statistics ending  Dec 2009, our year to date sold homes finished ahead of last year.   Active listing inventory is down but I think that may have more to do with it being December, and we will need to see what happens in the early months of 2010 to give [...]

{ 0 comments }