Washington Real Estate Page

Buyer's - What Are You Waiting For?

Sat 27 Dec 2008 9:14:47 PM GMT

Interest rates are near historic lows. Housing prices have tumbled, in some areas as much as 25% or more. In other areas prices are actually starting to go up slightly. Most regions are showing signs of price stabilization. What are you waiting for? Santa won't be back for another year! FHA loans are available with low down payments & a minimum 620 credit score. It is time to BUY!

Bad Weather Has Buyer's Staying Home in Puget Sound Region

Mon 22 Dec 2008 11:53:22 PM GMT

Just as interest rates reach near historical lows, thus spurring some real estate Buyer activity, old man winter throws a cold icy blanket on the scene. The unusually harsh winter weather in the Pacific Northwest, especially the greater Pudet Sound region, has sent potential home buyer's to the warmth of the shopping mall or just staying home rather than slogging thru the cold deep snow and ice piled high in the driveways and streets of subdivisions.

Prices Fall for Homes & Condos in NWMLS Data for November 2008

Wed 17 Dec 2008 6:42:04 PM GMT

Compared to one year ago, Northwest MLS median prices for single family homes and condos fell by approximately 9.5% for properties having closed sales in November 2008.

Foreclosures & REO Having Impact on Home Prices in NW Washington State

Tue 16 Dec 2008 2:42:05 AM GMT

Foreclosed and Bank Owned homes are beginning to have an impact by lowering median prices of broker listed homes in the Northwest MLS statistics.

November 2008 NWMLS Condo Inventory

Mon 15 Dec 2008 2:20:26 AM GMT

NW Multiple Listing Service broker listed inventory of condominiums was up slightly from one year ago by 1.4%.

Inventory of Homes Listed For Sale Drops In NWMLS for November 2008

Fri 12 Dec 2008 1:27:14 PM GMT

Total homes and condos listed for sale thru broker members of the Northwest MLS in Washington State dropped slightly in the month of November with 9 of the total 19 counties served by the multiple reporting declines.

Home Mortgage Interest Rate Confusion

Thu 11 Dec 2008 9:56:10 PM GMT

The FED continues to test the wind with low mortgage interest rate teasers. For a couple of weeks now we have been hearing rumors of a 4.5% rate. Today, a regulator with FNMA, stated that he thinks rates will eventually drop to as low as 3.5%, but he did not know how soon that would be. Buyer's were already sitting on the sidelines waiting for the mythical 4.5% rate. What will this do?

Short Sales - Washington State

Sun 7 Dec 2008 2:53:27 AM GMT

The latest statistics in Washington State show that as many as 40% of real estate broker listed properties are Short Sales. Not all homes listed as Short Sales are considered Distressed Homes under the Washington State Distressed Property Law.

Home Mortgage Interest Rates - Falling Fast

Tue 2 Dec 2008 6:09:34 PM GMT

Home Mortgage Interest Rates are Plunging!

If you have been waiting for that perfect time to buy – It is HERE! Now! Homes prices are way down and now home mortgage interest rates have fallen to the same levels that they were more than 4 years ago during the Home Buying Boom.

Interest Rates: FHA, VA and FmHA as low as 5.375%; Conventional 5.25%. Both are trending lower and no additional points required beyond the normal 1.0% lender fee. Also, just as important, lenders are lending again instead of putting all that bail-out money into reserves.

Better yet, home prices, depending on the area, have fallen as much as 20% or more from their highs of two years ago. That makes for maximum affordability for YOU. Home prices appear to be stabilizing while Buyer activity has picked up in a noticeable way and many Sellers, while generally not reducing their average asking price any further, are still offering Buyer incentives such as closing cost assistance. That means less money out of your pocket to get into a home.

NOW is the time to buy a home! No one knows how long the current reduced interest rates will be available. But they are available right now, so what are you waiting for? Santa Claus will not put a new home under your tree – only YOU can do that!

Homes & Condominiums - Pending Sales- November 2007 - Washington State Real Estate

Wed 12 Dec 2007 5:43:44 PM GMT

The Northwest MLS, which serves 19 counties in central and western Washington State, including the greater Puget Sound region, reported 5,194 pending sales of homes and condominiums for November, 2007. This number was down from November, 2006 in which 7,022 pending sales were posted, a decrease of 26 percent.

Home & Condo Prices Stable - Listing Inventory Down - November 2007 - Washington State Real Estate

Tue 11 Dec 2007 7:31:17 PM GMT

The latest data from the Northwest Multiple List Service, November, 2007, indicates that there has been very little price change between this year and last. Homes and Condos active listings for sale are up 31 percent, year over year, but down 6.3% from October, 2007.

The numbers also show the normal seasonal slow down of activity for Pending Sales. However, reports from area real estate brokers seem to show an up turn in agents working with motivated buyers and sellers. The NWMLS data is collected from broker members in central and western Washington State, including the Puget Sound region housing market.

Stanwood Snohomish County Washington State Chamber of Commerce Information

Fri 7 Dec 2007 5:13:37 PM GMT

Stanwood Washington State Chamber of Commerce Information:

Thank you for visiting my blog. Below you will find the address, phone number and a link to the official website for the Stanwood Chamber of Commerce which includes the cities of Bothell, Brier, Edmonds, Lynnwood, Mill Creek, Monroe, Mountlake Terrace, Mukilteo & Woodway, Washington. Please feel free to contact me for any additional information that you may require for any other Chamber of Commerce in the area or for any real estate relate question or concern.

My website, www.washingtonrealestatepage.com, has multiple pages of information including other Chambers of Commerce through out Snohomish County and FREE MLS real estate searches for homes and land for sale in each city located in Snohomish County or all of Washington State.

My Contact Info:

Bob Chapman - Associate Broker, Windermere Real Estate/Lake Stevens, Inc.
E-Mail: bobchapman@windermere.com,
Cell/Direct: (425) 268-2940, Off: (425) 335-4666 Ext. 236, Fax: (425) 335-1838
Address: 9327 4th St. NE, Ste. 3, Lake Stevens, WA 98258

Stanwood Chamber of Commerce
8725 271st St. NW
Stanwood, WA 98292
Office Phone: (360) 629-0562
Website: Stanwood Washington Chamber of Commerce

South Snohomish County Washington State Chamber of Commerce Information

Thu 6 Dec 2007 3:50:00 PM GMT

South Snohomish County Washington State Chamber of Commerce Information:

Thank you for visiting my blog. Below you will find the address, phone number and a link to the official website for the South Snohomish County Chamber of Commerce which includes the cities of Bothell, Brier, Edmonds, Lynnwood, Mill Creek, Monroe, Mountlake Terrace, Mukilteo & Woodway, Washington. Please feel free to contact me for any additional information that you may require for any other Chamber of Commerce in the area or for any real estate relate question or concern.

My Contact Info:

South Snohomish County Chamber of Commerce
3815 196th St. SW, Ste. 136
Lynnwood, WA 98036
Office Phone: (425) 774-0507
Website: South Snohomish County Chamber of Commerce

City of Snohomish - Snohomish County Washington State Chamber of Commerce Information

Thu 6 Dec 2007 3:54:38 AM GMT

Snohomish Washington State Chamber of Commerce Information:

Thank you for visiting my blog. Below you will find the address, phone number and a link to the official website for the Snohomish Chamber of Commerce. Please feel free to contact me for any additional information that you may require for any other Chamber of Commerce in the area or for any real estate relate question or concern.

My Contact Info:

Snohomish Chamber of Commerce
P.O. Box 135
Snohomish, WA 98291
Phone: (360) 568-2526
Website: Snohomish Chamber of Commerce

Mukilteo Snohomish County Washington State Chamber of Commerce Information

Tue 4 Dec 2007 4:26:16 PM GMT

Mukilteo Washington State Chamber of Commerce Information:

Thank you for visiting my blog. Below you will find the address, phone number and a link to the official website for the Mukilteo Chamber of Commerce. Please feel free to contact me for any additional information that you may require for any other Chamber of Commerce in the area or for any real estate relate question or concern.

My Contact Info:

Mukilteo Chamber of Commerce
P.O. Box 545
Mukilteo, WA 98275
Phone: (425) 347-1456
Website: Mukilteo Chamber of Commerce

Monroe Snohomish County Washington State Chamber of Commerce Information

Tue 4 Dec 2007 1:26:23 AM GMT

Monroe Washington State Chamber of Commerce Information:

Thank you for visiting my blog. Below you will find the address, phone number and a link to the official website for the Monroe Chamber of Commerce. Please feel free to contact me for any additional information that you may require for any other Chamber of Commerce in the area or for any real estate relate question or concern.

My Contact Info:

Monroe Chamber of Commerce
111 W. Main St.
Monroe, WA 98272
Office Phone: (360) 794-5488
Website: Monroe Chamber of Commerce

Greater Marysville Tulalip Snohomish County Washington State Chamber of Commerce Information

Fri 30 Nov 2007 6:30:41 PM GMT

Greater Marysville Tulalip Washington State Chamber of Commerce Information:

Thank you for visiting my blog. Below you will find the address, phone number and a link to the official website for the Greater Marysville Tulalip Chamber of Commerce. Please feel free to contact me for any additional information that you may require for any other Chamber of Commerce in the area or for any real estate relate question or concern.

My Contact Info:

Greater Marysville Tulalip Chamber of Commerce
8825 34th Ave. NE, Suite C
Tulalip, WA 98271
Office Phone: (360) 659-7700
Website: Greater Marysville Tulalip Chamber of Commerce

Greater Lake Stevens Snohomish County Washington State Chamber of Commerce Information

Thu 29 Nov 2007 3:40:16 PM GMT

Greater Lake Stevens Washington State Chamber of Commerce Information:

Thank you for visiting my blog. Below you will find the address, phone number and a link to the official website for the Greater Lake Stevens Chamber of Commerce. Please feel free to contact me for any additional information that you may require for any other Chamber of Commerce in the area or for any real estate relate question or concern.

My Contact Info:

Greater Lake Stevens Chamber of Commerce
9327 4th St. NE, Ste. 7
Lake Stevens, WA 98258
Office Phone: (425) 334-0433
Website: Greater Lake Stevens Chamber of Commerce

Greater Granite Falls Snohomish County Washington State Chamber of Commerce Information

Wed 28 Nov 2007 4:13:06 PM GMT

Greater Granite Falls Washington State Chamber of Commerce Information:

Thank you for visiting my blog. Below you will find the address, phone number and a link to the official website for the Greater Granite Falls Chamber of Commerce. Please feel free to contact me for any additional information that you may require for any other Chamber of Commerce in the area or for any real estate relate question or concern.

My Contact Info:

Greater Granite Falls Chamber of Commerce
P.O. Box 28
Granite Falls, WA 98252
Office Phone: (425) 238-9840
Website: Greater Granite Falls Chamber of Commerce

Everett Snohomish County Washington State Chamber of Commerce Information

Tue 27 Nov 2007 7:50:57 PM GMT

Everett Area Washington State Chamber of Commerce Information:

Thank you for visiting my blog. Below you will find the address, phone number and a link to the official website for the Everett Area Chamber of Commerce. Please feel free to contact me for any additional information that you may require for any other Chamber of Commerce in the area or for any real estate relate question or concern.

My Contact Info:

Everett Area Chamber of Commerce
2000 Hewitt Ave., Suite 205
Everett, WA 98201
Office Phone: (425) 257-3222
Website: Everett Area Chamber of Commerce

Greater Edmonds Snohomish County Washington State Chamber of Commerce Information

Mon 26 Nov 2007 11:10:58 PM GMT

Greater Edmonds Washington State Chamber of Commerce Information:

Thank you for visiting my blog. Below you will find the address, phone number and a link to the official website for the Greater Edmonds Chamber of Commerce. Please feel free to contact me for any additional information that you may require for any other Chamber of Commerce in the area or for any real estate relate question or concern.

My Contact Info:

Greater Edmonds Chamber of Commerce
121 5th Ave. North
Edmonds, WA 98020
Office Phone: (425) 670-1496
Website: Greater Edmonds Chamber of Commerce

Greater Bothell Snohomish County Washington State Chamber of Commerce Information

Wed 21 Nov 2007 5:41:45 PM GMT

Greater Bothell Washington State Chamber of Commerce Information:

Thank you for visiting my blog. Below you will find the address, phone number and a link to the official website for the Greater Bothell Chamber of Commerce. Please feel free to contact me for any additional information that you may require for any other Chamber of Commerce in the area or for any real estate relate question or concern.

My Contact Info:

Greater Bothell Chamber of Commerce
10017 NE 185th St.
Bothell, WA 98011
Office Phone: (425) 485-4353
Website: Greater Bothell Chamber of Commerce

Arlington - Smokey Point Washington State Chamber of Commerce Information

Tue 20 Nov 2007 8:22:54 PM GMT

Arlington - Smokey Point Washington State Chamber of Commerce Information:

Thank you for visiting my blog. Below you will find the address, phone number and a link to the official website for the Arlington - Smokey Point Chamber of Commerce. Please feel free to contact me for any additional information that you may require for any other Chamber of Commerce in the area or for any real estate relate question or concern.

My Contact Info:

Arlington - Smokey Point Chamber of Commerce
3710 168th St. NE
P.O. Box 3035
Arlington, WA 98223
Office Phone: (360) 659-5453
Website: Arlington - Smokey Point Chamber of Commerce

Puget Sound Region Real Estate Housing Market Still Active - October 2007 - Washington State Real Estate

Thu 15 Nov 2007 5:47:33 PM GMT

Real estate broker members of the Northwest MLS are still optimistic, even though the data shows slower activity in the housing market. Many real estate professionals cite Western Washington State’s projected population growth combined with steady job creation numbers as still providing a demand for median priced homes and condominiums. The strongest demand for homes is still near job creation centers and shorter commute times. This activity is helping to provide stability in the Puget Sound regions real estate market.

Price Appreciation for King, Kitsap, Pierce & Snohomish County Homes & Condominiums - October 2007 - Washington State Real Estate

Wed 14 Nov 2007 10:36:07 PM GMT

The Northwest MLS, which serves real estate brokers in central and western Washington State, reported data for October, 2007 which indicates that four counties in the Puget Sound region, King County, Kitsap County, Pierce County and Snohomish County, had price appreciation in single family homes and condominiums of approximately 1.3 percent over one year ago. The increase in the average closed sale price was $344,250, up from $339,950.

Prices Holding Steady for Homes & Condos - October 2007 - Washington State Real Estate

Tue 13 Nov 2007 9:51:14 PM GMT

Prices for Homes and Condos, based on closed sales data during the month of October, 2007, were essentially unchanged in the 19 counties served by the Northwest MLS, which includes central and western Washington State including the greater Puget Sound area real estate market.

A closer look at the numbers show an average of less than a two percent drop for seven of the counties with five counties having double-digit increases over the same period of one year ago.

Homes & Condominium Median Price for NWMLS - October 2007 - Washington State Real Estate

Mon 12 Nov 2007 5:58:20 PM GMT

According to the Northwest Multiple Listing Service, which has real estate broker members in central and western Washington State including the greater Puget Sound area, the number of single family homes listed for sale during October, 2007 was 40,252. The median listed price was $375,000. Additionally the NWMLS reported 7,129 condominiums for sale, in the same time frame, with a $289,900 median asking price.

Fewer New Listings of Homes & Condominiums Added - October 2007 - Washington State Real Estate

Fri 9 Nov 2007 5:17:43 PM GMT

The Northwest MLS, which represents real estate brokers in central and western Washington State, including the greater Puget Sound area, added 11,785 new home and condo listings in October, 2007. This addition to the available inventory was the lowest since February, 2007. The total number of single family home and condominium active listings for sale in the NWMLS for October, 2007 was 47,381. This figure is still approximately 31% higher than one year ago.

Increase in Pending Sales of Homes & Condominiums - October 2007 - Washington State Real Estate

Thu 8 Nov 2007 4:55:36 PM GMT

Real estate broker members of the Northwest MLS, which includes central and western Washington State and the greater Puget Sound region, turned in 6,127 pending sales of homes and condominiums during the month of October, 2007. That number of pending sales transactions was 379 more than September, 2007, but was still 28 percent less than one year ago.

Homes & Condos Pending Sales - October 2007 - Washington State Real Estate

Wed 7 Nov 2007 6:14:51 PM GMT

Pending sales of homes and condos were up in western Washington State during October, 2007. This reversed a trend of several months of declining sales in the region. This information is based on the latest numbers from the Northwest Multiple Listing Service (NWMLS) which serves central and western Washington and the greater Puget Sound area real estate market. The latest MLS figures also indicate some slow down in the number of active listings in inventory and price appreciation.

Housing Market Good for Buyers & Sellers - September 2007 - Puget Sound & Washington State Real Estate

Mon 22 Oct 2007 5:55:54 PM GMT

The housing market in the greater Puget Sound region presents good opportunities for buyers and sellers. Interest rates are still very low, based on historical data. With higher inventory giving buyers more choices, either in resale or new construction homes, sellers, including builders, are finally beginning to relent some and are offering closing cost and other buyer bonuses. Sellers who are looking to move up in the real estate housing market should consider taking advantage of the excellent choices they would have as buyers. Homes priced right are still selling well. The sky is not falling in northwestern Washington State!

Condo Prices Continue to Increase - September 2007 - Northwest MLS - Washington State Real Estate

Fri 19 Oct 2007 7:25:08 PM GMT

Demand for condominiums kept prices rising thru September, 2007, and continuing to do better than single family homes in the Northwest MLS service area of central and western Washington State including the greater Puget Sound area real estate market. Prices for closed sales of condos were up about ten percent from the same period in 2006. The King County median price for a condo was $299,900.00, up almost 14.8% from last year’s figure of $231,250.00.

Single Family Home Prices - September 2007 - Northwest MLS - Washington State Real Estate

Thu 18 Oct 2007 2:31:37 PM GMT

In the Northwest MLS service area, central and western Washington State, including the greater Puget Sound region, single family home prices on closed sales thru September, 2007, excluding condos, have increased approximately 3.7% more than one year ago. In the central Puget Sound real estate market area, Kitsap County had the largest gain with about 12.8% and King County came in at 5.9%. Examining the same data sets for the Snohomish County housing market, the median single family home price for closed sales was nearly a 2.7% increase from last year while Pierce County indicated a slight 1% drop for the year to date.

Home & Condo Prices - September 2007 - Northwest MLS - Washington State Real Estate

Wed 17 Oct 2007 6:17:22 PM GMT

Combined prices for single family homes and condos for Northwest MLS listed properties, which included central and western Washington State and the greater Puget Sound region real estate market, that closed in September, 2007, were up more than four percent from one year ago. When looking at the same real estate market pricing data for closed home and condominium sales in Cowlitz County, Grant County, Grays Harbor County, Kitsap County, Mason County, Pacific County and San Juan County, the same combination of real property sales rose nearly double from last year.

Pending Sales for Homes & Condominiums - September 2007 - Northwest MLS - Washington State Real Estate

Tue 16 Oct 2007 7:56:52 PM GMT

Northwest MLS real estate brokers have reported 5,748 pending sales for the month of September, 2007. Pending sales are offers from buyers that have been accepted by sellers but not closed yet. This figure was approximately 32% lower than twelve months ago. In September, 2006, the MLS reported postings of 8,499 pending sales of single family homes and condos. An analysis of the data provided by the NWMLS indicates that during the first nine months of 2007, pending sales of Central and Western Washington State homes and condominiums are down about 11% from last year.

Condominiums For Sale - Northwest MLS Condo Inventory - September 2007 - Washington State Real Estate

Mon 15 Oct 2007 10:36:25 PM GMT

Available condominiums for sale in the Northwest MLS inventory for September, 2007, which includes Central and Western Washington State and the greater Puget Sound region real estate, was roughly 62 percent higher than one year ago. Upon analysis of the MLS data, approximately three of every ten condos for sale were new construction vs. resale condominiums.

Homes & Condos Housing Inventory for Sale - September 2007 - Northwest MLS - Washington State Real Estate

Fri 12 Oct 2007 6:10:36 PM GMT

Figures just released by the Northwest MLS show real estate prices are still rising in Central and Western Washington State with inventory levels of single family homes and condominiums appearing to level off.

Real estate brokers added 12,385 new listings during September, 2007. That was the lowest number since February, 2007 when 11,333 single family homes and condos were added to the listing inventory. There are now almost 49,000 residential properties available in the NWMLS system for sale in 19 counties across central and western Washington State. These numbers represent an approximate 33 percent increase in homes for sale over one year ago in this region.

Timing a Buyers Market - Puget Sound & Washington State Real Estate

Thu 11 Oct 2007 9:41:48 PM GMT

Buyers should not be spooked about the housing market, even with Halloween approaching! According to the latest figures from the Northwest Multiple Listing Service and the opinion of several real estate brokers in the greater Puget Sound region, now is the time for buyers to be making offers.

Attempting to “time the market” is next to impossible. If you are a buyer and you need a home, the selection could not be better. Trying to wait and save a bundle on the home you really want and are going to live in for more than three years just does not make good economic sense. Sellers are starting to understand that they are now competing against many more homes, just like theirs, and are beginning to offer some attractive bonuses to buyers. Buying single family homes and condos in Washington State is still a good investment for your future.