market trends

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market trends Market Activity Report 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 […]
finance Jumbo’s Coming Back? 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 […]
market trends Northwest MLS brokers say housing market in Washington state indicates recovery 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 and a looming deadline for homebuyer tax credits are […]
market trends Assessed values being adjusted in Anacortes 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 […]
market trends Quadrant boosts production in response to home sales 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 […]
market trends New Home Sales on the rise! 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 […]
market trends May Market Statistics for Anacortes 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 […]
market trends Ripple Effect? I t’s not unusual to hear people ask about the market in California because the perception is that how California fares, so does the Northwest. To some degree that’s true, we historically have a fair number of transplants from California to our area, specifically here to Anacortes, so we do feel some ripple effect from […]
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market trends Starting to Pop! I n the last few weeks we’ve seen an uptick in Buyer activity especially in the entry level home and investment home arena. There have been 23 homes under $300,000 go pending  in Skagit County since 3/17/09 and that’s a huge number considering in December we had 34 the whole month, January had 51, February […]
market trends Federal Housing Finance Agency Report T he Federal Housing Finance Agency (FHFA), which regulates Fannie Mae and Freddy Mac and a few other banks, put out its quarterly report on our nations housing the other day and there were a few interesting points I’d like to share. Washington State ranked 39th in appreciation with a loss of -7.42% in values […]
market trends Market Update S kagit County wide the number of residential listings have gone down from a July 2008 high of 1290 to 933 in January of 2009, pending sales have increased from 50 in November of ’08 to 85 this January which is slightly less than the 97 pendings we saw a year ago in January of […]
market trends The Truth About The Housing Market I found this an interesting read and thought I’d share; it’s an article from Today on some myths about our housing market by Barbara Corcoran.    The Truth About The Housing Market: In today’s uncertain market, fear runs rampant on both the buying and selling sides of the fence. Many myths need debunking. Here are […]
market trends 2008 Cost Versus Value Report Y ou’ve got some money to burn, so do you redo the kitchen, or replace those old windows with new vinyl ones? Add a deck, or replace the siding? If you are planning on selling soon, you might consider doing the work that brings you the best return on dollars spent. Remodeling Magazine and the […]
market trends New Construction Sales There was an informative article in the Skagit Valley Herald this weekend about the new construction boom having gone bust, read it here. Just to give you some Anacortes specific insight I pulled some info from the North West Multiple Listing Service which gives me accurate information on Realtor represented properties, but will lack for […]
market trends Good News Again! N ational Association of Realtors reports existing home sales up 5.5% in September compared to August! This is great economic news which I think points to the beginning of the bottom of this market. I’d say it points to the bottom, but so far our October has been sluggish at best, so I don’t think […]
market trends Foreclosures in Washington State W ashington State continues to be a bright spot in our nation in terms of foreclosure rates. In fact, most of the nation is a bright spot, with just a few states bringing the rest of us down. There are only eight states with foreclosure rates above the national average: Nevada, Florida, California, Arizona, Michigan, […]
market trends Seattle bucking the trend! G reat article from Yahoo! Real Estate, on Seattle bucking the national trend in terms of it’s housing market. The good news is that generally however Seattle does, so does the rest of Western Washington.
market trends Market Update A quick look at our market stats through September tell me that we still have a ways to go in terms of reducing overpriced inventory and bringing supply and demand closer together. The stats I pulled from the North West Multiple Listing Service show all residential properties in the 98221 zip code, and tell me […]
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