All About Washington Real Estate

By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
A Modest Rebound in New Listings to start 2024; with a Minor Upward Move to Pending Sales; While Closed Sales Declined.January is the month near the end of the Winter slow-down that we start to see signs of "Spring" coming to the Vancouver WA home sales market; and this year we see some of that with New Listings taking a nice upward move. Home Sales Prices are still in a moderately declining mode (that was briefly "Interrupted" last month by One extremely large home sale of $13,000,000!).This first graphic we have compares just the month of January 2024, with the same month in 2023:Although the number of Active Listings is nearly the same; Pending Sales are substantially lower; and Sold Homes are significantly lower. If 2024 is having a worse start than 2023, this could be a sign of a c...
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By J Perrin Cornell, Broker, ABR, VAMRES
(Coldwell Banker Cascade Real Estate)
East Wenatchee Open House this weekend. 2/17 & 2/18 2024. Both Days 12-2PM. This 2069 sq ft home was built in 1987 it has 3 bedrooms and 2.25 baths, main bedroom is on main floor. A/C and Furnace and Hotwater Tank were all recently updated. Roof replaced in last 10 years. Garage is 2 car but extra room for storage and small shop. Back yard fully fenced.The market in Wenatchee seems to be picking up with 22 new homes listed in just the last 7 days compared to 44 in all of last January looks like we might be off to a good start. Money tight? USDA Guaranteed offers zero down and recently rates were as low as 6.1%. One of my mortgage go too people got a client with a 640 credit a commitment for Conventional Financing, 3% down and a rate of 6.95. So we are seeing some bright spots. For more ...
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By Denise Lones, CSP, MIRM, CDEI - Real Estate Coaching & Branding
(The Lones Group, Inc.)
The 2024 Spring Market has Sprung Today I want to talk about our spring market, because spring has sprung! There is a very busy market out there. If you look at open house attendance, it is up. If you look at pending numbers, pending numbers are up in most areas. People want to buy. They have been waiting too long to buy. Also, while interest rates are just holding still, people are finding ways to get out of the homes that they haven't wanted to stay in. This past year, 2023, has been a year that I would describe as a Year-in-Limbo. However, this 2024 is already shaping up to be an active year. What I want you to do is to go into your MLS and find out for yourself what is happening in your area. There are three things that I want you to look for: Sales, Days-on-Market, & List-to-Sale ...
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By J Perrin Cornell, Broker, ABR, VAMRES
(Coldwell Banker Cascade Real Estate)
I live in Wenatchee and by NCW I mean the NCW Housing Market 2023, around Wenatchee and a 50 mile radius.As we know, 2023 was a difficult year. Rates dampened sellers interest to sell.  Buyers frustrated with cost, rates and low inventory. In fact I read someplace that the average agent in the US had 2 or fewer transactions in 2023. Bringing it home we had roughly 430 agents in our Assn. The one in the exact middle had about 3.8 transactions.BUT the year wasn't all glum. Rates today are 1.5-2% lower than last Sept. My particular market (from Spark on NWMLS) shows that at 12/31/2023 average prices were up from same date 2022. (less than $10,000 but still up) . We were turning inventory in about 90 days including loan ( NAR says 180 days is a buyers market).But regardless of the market he...
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By BethAnn Long, Realtor, CRS, e-PRO, CLHMS Spokane Wa Real Estate
(RE/MAX of Spokane)
The Spokane, Washington real estate stats are out for this month! They refelct the changes year over year- Jan. 2024 VS Jan. 2023. The median home price is 384,000 , average days on market prior to getting an offer is at 19. Inventory (number of listings ) is UP which is great.For nearly 20 years, I have been a Realtor in Spokane, Washington and I have seen numerous market conditions. I feel that 2024 will pretty healthy, and have advantages for both buyers and sellers. If you have any questions about the Spokane real estate, I am always happy to chat! #bethanninspokane #spokanerealestatemarket #spokanehousingmarket #spokanehomes #topspokanerealtor #remaxhustle
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By Denise Lones, CSP, MIRM, CDEI - Real Estate Coaching & Branding
(The Lones Group, Inc.)
There are a number of items that can spell success or failure in a real estate agent's business. Many of these items are under an agent's control - activities that keep an agent top-of-mind with past clients like mailing consistently to a farm and of course, doing a great job with buyers and sellers they are currently working with. However, there are a number of threats that are outside of an agent's control: what the Fed does with interest rates, whether it makes financial sense for a seller to sell, or how much new construction builders build. Today I want to talk about a different kind of threat: the threat of people who aren't a good fit for you.Unhealthy RelationshipsOccasionally we have a client who does us in, a client who makes us question whether we are in the right business an...
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Nestled in the heart of North Spokane, Washington, the Audubon-Downriver neighborhood stands as a testament to timeless charm and historical significance. With a rich history dating back over a century, this community has beckoned residents with its unique blend of heritage and modern living. So, if you're aiming to get luxurious homes for sale, Downriver, Spokane, WA, can give you history, architecture, and natural beauty.Unveiling the Rich HistoryAudubon-Downriver boasts a fascinating past that has left an indelible mark on the neighborhood. The early 1900s saw a surge in residential development as Spokane experienced a period of rapid growth. Many of the homes that are now available for sale in Audubon-Downriver were constructed during this era, showcasing architectural styles that h...
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By inboundREM Market Updates
(InboundREM)
Are you looking for that ideal mix of sophistication and coziness in your dream home? You don't have to go farther than the luxurious Comstock homes for sale. Nestled in the charming south-central region of Spokane, the Comstock neighborhood beckons with its scenic tree-lined streets, meticulously maintained lawns, and an overall serene ambiance that makes it the ideal place to call home.The Allure of Comstock HomesComstock is renowned for its stately homes, each a testament to the neighborhood's rich history and architectural diversity. As you explore the options for luxury homes for sale in Comstock, you'll find a captivating range of styles to suit your tastes. Some of these exquisite residences date back to the streetcar era, featuring timeless designs that can captivate even the mo...
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By Denise Lones, CSP, MIRM, CDEI - Real Estate Coaching & Branding
(The Lones Group, Inc.)
This is a time of year that I love - many agents are feeling full of promise and inspiration toward making changes in their business! I am also very excited about what is coming up for our industry this 2024 and beyond. We have a strong year ahead of us that is full of changes that many of us have never seen before. You need to be ready!Whatever your resolutions this year - making more money, taking time off, getting your systems up-and-running, creating a buyer package - there is one critical component that I hope you are including in your business today: education.This year, education is going to be an important part of what separates successful agents from agents who are left behind and miss the huge opportunities that will be shaking our markets.Agents are very skilled at putting ou...
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By inboundREM Market Updates
(InboundREM)
Spokane, Washington, is a charming city in the stunning Pacific Northwest. Whether you have a passion for nature, a thirst for history, or simply crave delightful cuisine and entertainment, Spokane offers a little something for everyone. In this blog post, I'm excited to guide you through the top 10 things to do in Spokane from meandering through scenic parks and enriching museums to indulging in local culinary delights and exploring vibrant shopping districts. So, without further ado, let's embark on this thrilling adventure!1. Riverfront ParkSpokane's Riverfront Park is a jewel in the city's heart, offering a delightful blend of natural beauty and recreational activities. Start your visit by strolling along the Spokane River Centennial Trail, which winds through the park and provides ...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
New Listings Fell Dramatically this month for resale homes in Vancouver Washington; with Number of Homes / Units Sold nearing Decade-long Low; with Prices still facing downward pressure.We are now looking at a real estate activity level for the existing home inventory at a low level of activity not seen since the Great Financial Crash of 2008/2009!  We are also seeing Home Affordability at extremely unfavorable levels, which matches up with the nearly 1/3rd less activity seen in the current market.Our first table compares key measurements, December 2023 vs December 2022:Even though the activity in the real estate market had dropped substantially by December 2022; we can still see a large difference a year later in the Active Listings and Sold Units; suggesting we were still in the decli...
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By BethAnn Long, Realtor, CRS, e-PRO, CLHMS Spokane Wa Real Estate
(RE/MAX of Spokane)
The Spokane ,Washington housing market stats are out for December 2023 and they tell a story. The average days on market is now 28 days, talk about a change of pace from the pandemic/post pandemic market. This allows buyers more sanity in the process, and sellers must be patient, and appropriatley priced. It seems like 2024 will bring a healthy market with interest rates coming down some, and hoopefully that will free up the buyers in the sidelines. If you have any questions about the Spokane real estate market I would love to chat! BethAnn in Spokane#bethanninspokane #spokanehousingmarket #spokanerealtor #remaxhustle
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By Denise Lones, CSP, MIRM, CDEI - Real Estate Coaching & Branding
(The Lones Group, Inc.)
If You Do Only One Thing in 2024, Make It This Welcome to 2024! We are getting close to a week into the new year. How are you feeling about your progress on your goals? Do you feel that you are falling behind already or working strong? Will you will be able to sustain what you are doing or are you likely to go off-track when you get busy? This time of year has a lot of agents planning on what they want for their business in the upcoming year. I keep my eye on what agents are saying in online agent business groups and I have noticed a new year trend of agents asking agents what they are doing (or plan to do) to successfully generate leads this 2024. The challenge is, I see a lot of suggestions out there that may work for one agent, but that won't work for everyone. Other ideas sound goo...
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By Christopher Lotte, Central Ohio Real Estate Agent, 614-390-9243
(Coldwell Banker)
Kitsap County, Pierce County and Mason County are great places to buy a home in Washington. Located in the Puget Sound region of Washington State, it is known for its beautiful scenery and outdoor recreation opportunities. The county seat is the city of Port Orchard, and other notable cities include Bainbridge Island, Bremerton, and Silverdale.You'll find plenty of options if you're looking for a place to call home in Kitsap, Pierce and Mason County. There are homes for sale in all price ranges, and the real estate market is very active.Pierce County Communities Anderson Island Ashford Bonney Lake Buckley Carbonado Dupont Eatonville Edgewood Elbe Fife Fircrest Fox Island Gig Harbor Graham Greenwater Lake Tapps Lakebay Lakewood Longbranch Mckenna Milton Orting Pacific Parkland Puyallup R...
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By Denise Lones, CSP, MIRM, CDEI - Real Estate Coaching & Branding
(The Lones Group, Inc.)
Authentic Client Communication for the Holidays Today I want to talk about connecting. We are in mid-December and I know that this can be both a very special and stressful time of year for so many people, so I really want to remind you to not forget your wonderful clients – both those from your past and potentially ones in your near future as well. Take the time to connect. Here are a few ideas for authentically connecting with important clients in your sphere. First, of course, December is of course a wonderful time to send out a holiday message. We all know this. However, I want you to make sure that you take it to a more personal level, a better level, by not just sending out a traditional card, but to include a personal note in each one. I have a pet-peeve, I don't like getting car...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
A Decade Low 171 Pre-existing Homes Closed in November; as Prices Drift Lower.The last time there were fewer than 171 Closed Home Sales in Vancouver Washington took place in early 2009!  Typically we do not report on a single month's data however, for the past three months the "Pending Sales" value stayed about the same, and we'd expect the Closed Sales this month to also be similar to last month's number of approximately 250; and perhaps go down to the 225+- area - but no! We ended up 60 to 80 home sales lower!!!Our first table / graphic shows the November 2023 data vs 2022:For the "Sold Units" the 171 number posted this month is alarming, to say the least. We'll want to watch next month's results for this element closely to see if this is just a blip in the action or, a strong change ...
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By Denise Lones, CSP, MIRM, CDEI - Real Estate Coaching & Branding
(The Lones Group, Inc.)
Looking Beyond the 2023 Housing Market Today I want to talk about 2023, what made this such a challenging year for many agents, and why I see opportunity ahead for agents equipped with the right knowledge. I get calls every day from agents that tell me that 2023 was not a great year for them. I also get calls from other agents that actually did really well in the market in spite of the fact that this year we have seen less inventory than we have in over a decade. It's been a tough time for agents because the volume of selling homes has been down. That means that with fewer transactions to go around, some agents have been feeling the pinch! If you have been getting stressed because your market doesn't have the sellers that it used to have, some of that is likely because you have sellers...
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By Denise Lones, CSP, MIRM, CDEI - Real Estate Coaching & Branding
(The Lones Group, Inc.)
7 Things To Do in December for 2024 Success! Many agents I know would not say that 2023 has been their favorite year in the real estate business. Between interest rate challenges, lack of housing choices, and industry shake-ups that have us learning new processes when it comes to how we serve our clients and get compensated, it has been a tough one for sure. But you know what? YOU are tougher. You are here reading this article because you care about our industry and doing the best job possible for your clients. Let's celebrate THAT!! You WILL survive and thrive in 2024, but you need to take some action if your business these past few months has been lackluster. This article isn't here to tell you that you need to adjust your mindset in order to have a super-profitable 2024. We get it t...
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By inboundREM Market Updates
(InboundREM)
Why You’ll Love Spokane, WA Manito Cannon Real EstateNestled in Spokane, WA, Manito/Cannon real estate stands as a living testament to a bygone era of American architecture. Steeped in history, this community boasts a remarkable architectural legacy that has been cherished, preserved, and celebrated for generations. With nearly 75% of its residential real estate dating back to 1939 or earlier, Cannon Hill/Manito is a captivating showcase of timeless beauty and craftsmanship that is becoming increasingly rare in modern construction.A Walk Through TimeWalking the tree-lined streets of Cannon Hill/Manito is like taking a journey through time. The neighborhood's historic residences come in a variety of architectural styles, but two, in particular, stand out: Craftsman bungalows and Colonial...
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By inboundREM Market Updates
(InboundREM)
Redefining the Housing Market with 4 Degrees Real EstateIn the midst of the Pacific Northwest, brothers Jordan and Joel Tampien undertook a transformative mission to redefine the real estate industry. Their goal was to form a company seamlessly blending the familial warmth and values of a small business with the robust resources and cutting-edge technology of a large corporation. This aspiration gave birth to 4 Degrees Real Estate, a comprehensive real estate enterprise that has swiftly become synonymous with innovation, expertise, and outstanding service throughout the region.The Foundation of 4 DegreesArmed with a Bachelor's degree in Political Science, a Master's degree in Business Administration, and a Law degree from Gonzaga, Jordan Tampien brought a rich tapestry of knowledge and ...
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Washington Real Estate Agents and Real Estate Professionals