Housing Market

Housing Market Common Listing Terms in Real Estate Common Listing Terms in Real Estate Real estate jargon can often be confusing and hard to understand. Whether you are buying or selling, it is important to understand each potential status of a listing to put your best foot forward. Here is a breakdown of each of the individual listing statuses, to help you throughout […]
Articles Windermere Orcas Island Detailed Real Estate Market Report – October 2023 Windermere Orcas Island Detailed Real Estate Market Report – October 2023 Are you considering buying or selling a piece of real estate on Orcas Island in the near future? Whether you’re an investor, homebuyer, current property owner, or just curious about the local market trends, it always pays to be informed. Our September report on […]
Articles The Effect of Low Inventory on the Housing Market The Effect of Low Inventory on the Housing Market Across the country we have seen a gradual decrease of inventory in the housing market. Both small and large urban areas are seeing an almost 50% drop in inventory levels in comparison to their long-term averages. While it can be said that the real estate market […]
Articles September 2023 Detailed Market Report September 2023 Detailed Market Report Are you considering buying or selling a piece of real estate on Orcas Island in the near future? Whether you’re an investor, homebuyer, current property owner, or just curious about the local market trends, it always pays to be informed. Our September report on the Orcas Island real estate market […]
Articles September 2023 Real Market Reports Condominium Reports Residential Property Reports Vacant Land Reports
Articles August 2023 Real Market Reports August 2023 Condominium Reports August 2023 Residential Property Reports August 2023 Vacant Land Reports
Articles July 2023 Real Market Reports July 2023 Vacant Land Reports July 2023 Condominium Reports July 2023 Residential Property Reports
Articles June 2023 Real Market Reports June 2023 Condominiums June 2023 Residential Property June 2023 Vacant Land
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Housing Market Market Snapshot – July 2018
Articles Western Washington Real Estate Market Update 2018 Q1   The following analysis of the Western Washington real estate market is provided by Windermere Real Estate Chief Economist Matthew Gardner. We hope that this information may assist you with making better-informed real estate decisions. For further information about the housing market in your area, please don’t hesitate to contact me.   ECONOMIC OVERVIEW The […]
Articles Western Washington Real Estate Market Update Q4 2017   ECONOMIC OVERVIEW The Washington State economy added 104,600 new jobs over the past 12 months. This impressive growth rate of 3.1% is well above the national rate of 1.4%. Interestingly, the slowdown we saw through most of the second half of the year reversed in the fall, and we actually saw more robust employment […]
Articles 2018 Housing Forcast There have been many forecasts published right now for 2018, for politics, the economy, the weather, and so much more. Here is what I expect to see in 2018.   Interest Rates: Interest rates continue to be a great topic of discussion, with most predicting a rise. While the rates may rise a bit, I […]
Financial Property Assessments– What do they mean?   Our office and brokers have received many calls with questions regarding the newly received property value assessments. According to the San Juan County Assessor’s website “State law requires that assessors appraise all taxable property within the county at 100% of its true and fair market value, according to the highest and best use of […]
Housing Market Real News – Article 4 AFFORDABLE HOUSING — WHAT COULD BE DONE This column is the second on the affordable housing issue.  We all know what is needed, but it seems we don’t have a clear vision of how to accomplish it. Last time I mentioned an affordable housing solution on San Juan Island that appears to have served that […]
Articles Real News – Article 3 In a past article I discussed where our Buyers are coming from, but in this article, I think you might like to see how our 2017 sales market stacks up against last year at this same time…. The total number of Orcas sales has increased from 42 in 2016 to 53 this year to date.  […]