7 Reasons to List your Home During the Holidays

Each year around this time there are numerous sellers who make the decision to postpone listing their house until after the holidays, while other sellers who already have their house listed make a decision to temporarily take the listing off the market during the holidays.

Here are 7 great reasons NOT to delay!

1. Buyers are still relocating. A great number of companies are hiring through the holiday season and are requiring new employees to start their new positions without delay.

2. Buyers who are home shopping during the holiday season are committed and eager to purchase right away.

3. You are able to restrict showing times on your home during the times you may be busy with guests or family during the holiday season, you stay in control of showing times.

4. Homes that are decorated for the holiday season show better.

5. Home inventory historically slows down in the fall and winter seasons meaning there is limited competition as a seller during the holiday season.

6. The urge to buy a home doesn’t go away just because the holidays have arrived. Home buyers who did not find their ideal home during the busy seasons of spring and summer are still house hunting.

7. Home inventory can grow after the holiday which may decrease the interest in your home during the beginning of 2019.

If you are planning to sell your home or are in search of a new home in 2019 please contact Jean Groesbeck and Associates for 5 star real estate services!

Tips For Selling Your Home!

Are you thinking of Selling your home?

The real estate market in Anacortes and through Skagit County is picking up!

In a perfect world you would have 2 days lead time for showing appointments, but that seldom happens. Here are 10 tips to get ready for a home buyer that wants to come with their real estate agent in just 10 minutes to see your home for sale!

1. Put dirty dishes inside the dishwasher (or quickly wash them).

2. Make the beds and hide the clutter.

3. Wipe the counters, appliances, and kitchen sink.

4. Empty the garbage.

5. Hide dirty clothes in the washing machine.

6. Wipe bathroom counter, sink and faucets. Hide toiletries and valuables.

7. Turn on all the lights and lamps.

8. Check the clock, if time, run the vacuum.

9. Check the front porch for cobwebs, papers….

10. Go get a cup of coffee and relax! You did it!

If would like to receive real estate market statistic graphs , please call me at 360-941-3734 or email me at Jean@ColdwellBanker.com. I can provide real estate statistics on homes sold, current listings, average or median sales prices on properties sold or properties listed for sale, in any area in Western WA for any price range!

If you are wondering the value of your home, I would be happy to provide a free no obligation market analysis.  Just call me at 360-941-3734

More Good News for the Anacortes Real Estate Market!

Here is the latest information on the real estate market provided by the NWMLS:

Home sales for 2011 finished much stronger than they started.  According to the figures from the Northwest Multiple Listing Service, pending sales in the fourth quarter of 2011 out gained the first quarter of 2011 by 21 percent.

Pending sales for December 2011 also increased by 20 percent from the year before.¬† Also, both November and December 2011’s pending volume exceeded the total number of new listings.¬† A disproportion like this has not occurred since November of 2006.

December 2011’s closed sales also surpassed the totals recorded from December 2010 by 7 percent.¬† Prices continue to come down, due in a large part, to the¬† many distressed typically low-priced¬† properties on the market.

In addition to low prices, there is also little inventory in the marketplace with a 17.2 percent decrease in the amount of active listings in the MLS database from December 2010 to December 2011.  The inventory in Seattle  is also down 30 percent from the previous year.

The combination of shrinking inventory with favorable financing is causing some areas to lean toward a seller’s market, as measured by the supply of homes.¬† Currently there is about a five month supply of homes, which is usually considered a balanced market for both buyers and sellers.

This bodes a happy 2012 for the real estate community!

Statistical Summary by Counties: Market Activity Summary ‚Äď Dec. 2011

Single
Family
Homes

+ Condos
LISTINGS PENDING
SALES
CLOSED SALES
New
Listings
Total
Active
# Pending
Sales
# Closings Avg.
Price
Median
Price
King 1,552 7,472 2,060 1,849 $359,912 $291,000
Snohomish 763 3,249 1,013 846 $252,144 $222,750
Pierce 846 4,280 923 791 $199,071 $175,199
Kitsap 202 1,403 201 201 $259,441 $228,000
Mason 47 590 47 39 $156,752 $133,800
Skagit 125 863 100 101 $216,803 $200,685
Grays Harbor 102 735 52 60 $133,550 $117,500
Lewis 78 613 48 46 $142,388 $117,750
Cowlitz 74 472 57 59 $138,786 $140,100
Grant 61 470 35 36 $160,490 $146,450
Thurston 211 1,324 230 228 $226,824 $212,000
San Juan 17 329 13 18 $442,235 $361,000
Island 92 739 67 79 $259,915 $215,000
Kittitas 44 398 39 36 $201,072 $177,995
Jefferson 35 435 23 34 $188,685 $152,500
Okanogan 31 349 15 11 $136,666 $117,000
Whatcom 131 1,267 152 170 $236,790 $219,000
Clark 22 191 29 28 $187,891 $170,500
Pacific 31 347 21 23 $176,752 $137,000
Ferry 2 58 1 1 $250,000 $250,000
Clallam 37 365 41 34 $210,326 $194,900
Others 101 690 70 51 $220,919 $169,900
MLS TOTAL 4,604 26,639 5,237 4,741 $276,009 $225,000

*This information is provided courtesy of the Northwest Multiple Listing Service

We would love to help you with your real estate needs whether you are looking to buy or sell a home. For more information on Anacortes real estate, please contact Jean Groesbeck or Linda Harris!

Contact Jean Groesbeck ‚ÄstJean@ColdwellBanker.com or¬†(360) 941-3734
Contact Linda Harris ‚ÄstAnacortesRealEstate@gmail.com or (360) 202-8888

Guemes Ferry Dock Rehabilitation Project

Due to permitting issues, Skagit County has pushed back the Ferry dock rehabilitation project until Spring 2011. The Guemes Island Ferry docks at both Anacortes and Guemes Island do not meet Washington State sufficiency rating standards for bridges. As a result, both terminals are in need of girder replacement due to significant corrosion, cracking, and spalling from years of saltwater exposure.
Although construction has been pushed back, some in-water work will take place before February 15, 2011.
The Ferry Dock Rehabilitation will not affect Ferry ridership until Spring 2011. The project is expected to take 8-10 weeks to complete once construction begins during which a passenger ferry will be in service. We will provide more information regarding the Ferry dock rehabilitation project in the Fall 2010 newsletter.
Skagit County has received over $1.5 million in BRAC funding as well as $736,000 from the Ferry Boat Discretionary for this project. For more information, contact Jennifer Swanson at jennifers@co.skagit.wa.us.
***********************************************************************************************

For all of your home needs on Guemes Island, please call Coldwell Banker Island Living at 360-293-4511. 

U.S. extends Fannie, Freddie conforming loan limits

Higher maximum conforming mortgage loan limits for Fannie Mae and Freddie Mac will be extended through September 2011, the housing finance entities’ regulator said on Friday.

The Federal Housing Finance Agency said the maximum for the conforming loans ‚Äď generally $417,000 for a single-family home but up to $729,750 in certain high cost areas — will remain unchanged in the first nine months of next year compared with 2010 levels.

The conforming, 30-year fixed loans must meet certain underwriting standards for loan-to-value and borrower credit scores and are put into Fannie’s and Freddie’s pools of guaranteed mortgage-backed securities.

The extension was dictated by a recently enacted Congressional resolution. The limits for high cost areas, generally on the east and west coasts, had been increased in a housing recovery bill passed in July 2008.      WASHINGTON (Reuters)

To search for homes for sale in Anacortes, La Conner, or Oak Harbor, Please call us @ (360)-293-4511.  
We would love to help you with your real estate needs whether you are looking to buy or sell your home.

"Value-Hunters" seizing opportunities to buy more affordable homes

Excerpts from Press Release from the NWMLS. 

KIRKLAND, Wash. (Sept. 3, 2010) ‚Äď Value is what‚Äôs selling in the current housing market, according to members of Northwest Multiple Listing Service. Commenting on the MLS report summarizing August activity, directors agree conditions continue to favor buyers, although one industry official cautioned a looming change in mortgage insurance premiums could erode purchasing power.Members reported 6,037 pending sales last month, the highest volume of mutually accepted offers since April when buyers scrambled to beat a tax incentive deadline. Last month‚Äôs volume was down nearly 20 percent from the same month a year ago when members reported 7,539 pending sales, but the total was up 8.4 percent from the number of transactions (5,571) notched during July.

Prices on last month’s closed sales of single family homes and condominiums (combined) were down slightly (2.35 percent) from a year ago. The median sales price for last month’s 4,211 completed transactions across the 21 counties in the MLS system was $269,450. That compares to a year-ago median price of $275,945.Northwest Multiple Listing Service, owned by its member brokers, is the largest full-service MLS in the Northwest. Its membership includes more than 24,000 brokers and agents. The organization, based in Kirkland, currently serves 21 counties in Western and Central Washington around Western and Central Washington.

For single family homes (excluding condos) the median price was $275,000, down 3.5 percent from a year ago. Prices increased from 12 months ago in nine counties (Clark, Grays Harbor, King, Kitsap, Kittitas, Mason, San Juan, Skagit, and Thurston), led by San Juan (up 23.8 percent) and Mason (up 20.8 percent).

In King County, which accounted for more than one-third of last month’s closed sales of single family homes, the median price was $380,000, an increase of 1.3 percent from the year-ago figure of $375,000.

Along with lower prices and record low mortgage interest rates, buyers have abundant inventory to consider, further bolstering their bargaining position.

NWMLS members added 9,533 new listings to inventory last month. The mix included 8,172 single family homes and 1,361 condominiums. With these additions, the number of active listings at month end totaled 44,186, an increase of 6.4 percent from a year ago. Sixteen counties reported larger inventories than twelve months ago.

To see up to date real estate stats on ANACORTES,  CLICK HERE

To see up to date real estate stats stats on LA CONNER,  CLICK HERE

To see up to date real estate stats stats on OAK HARBOR OR WHIDBEY ISLAND,  CLICK HERE

To see up to date real estate stats stats on GUEMES ISLAND,  CLICK HERE

To see up to date real estate stats real estate stats on SKAGIT COUNTY,  CLICK HERE

To see up to date real estate stats real estate stats on SAMISH ISLAND,  CLICK HERE

 

Homes Sales Mark Best December since '06

KIRKLAND, WA (Jan 5, 2010)¬† “Home for the holidays” took on special meaning for 4,399 buyers whose purchase offers were accepted during December, according to the NWMLS. That volume of pending sales was up more than 35 percent from a year ago and marked the best December since 2006.

Shirnking inventory, the extension of the first-time home buyer tax credit and favorable interest rates are among factors brokers believe will sustain activity.

“Affordability has never been better,” said Dick Fulton, a past NWMLS chairman and executive VP of Coldwell Banker Bain. Fulton suggests would-be sellers list their property soon, rather than wait until spring, to take advantage of favorable conditions which include inventory much smaller than a year ago.

Dick Beeson, owner/broker of Windermere Commencement Assoc. said the Market is “chugging along”. Beeson also suggests first time buyers will still lead the charge in sales.

Northwest Multiple Listing Service, is owned and operated by it member brokers and is the largest full service MLS in the Northwest. For more infomation on Skagit Valley inventory, www.CBIslandLiving.com

Guemes Island Real Estate Market Update

Guemes Island Market Update

Please click on the graph to enlarge.  If you would like to see this chart for your price range, for a different time period, or for a different geographic area, please contact on of our Coldwell Banker Island Living real estate agents for more information.

 

Guemes Island Real Estate Trends