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All About Washington Real Estate

By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Both New Listings and Pending Sales Moved Up, with New Listings taking a slight Lead.After the slow start at the first of the year, two key items show improvement: Active Listings caught up to last year's mark; and Pending Units came in 10.32% higher.The lower level of Sold Units is a reflection of how January and February were slower for sales than they were for the same two months one year ago.The next chart shows the 3-month rolling average Trend for Pending Home Sales in Vancouver. With the the trend-line catching up to 2023's line, and March actually exceeding it, perhaps we are now seeing the activity level coming up off the Low for this cycle:Next we show the 3-month rolling average trend for Closed Unit Sales for pre-existing homes in Vancouver WA:We see in the above 3-month tre...
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By Toby Barnett, Toby Barnett
(KW North Sound)
This week has been busy making videos with 4 shorts completed and 1 long version - below - and with today's post's video being a catch up. As mentioned in the video intro, I missed a step videoing and explaining a step to get to where I am - the permit approval video with a few picture inlays. Hope you enjoy and thank you for tuning in.
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
A Nice Up-Tick in New Listings and Pending Sales; While Sales Prices Remained Unchanged from Last Month.With warmer weather coming into the area, we have seen a nice move up in both Active Listings and Pending Sales; while Closed Sales moved up only slightly; and the Average Sales Price also moved up slightly, as shown in our first graphic below:The increase in Active Listings is a welcome improvement over last month, as the January statistic was only one (1) unit higher than January 2023! With the improvement in available homes to purchase, it is also a welcome sign to see strong improvement in the Pending Sales.Our next graphic shows the 3 month rolling average trend for Pending Sales, covering the current year plus the 5 previous years:This month we can clearly see a somewhat strong ...
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By April Swenson, CRS and Managing Broker - Ocean Shores Real Estate
(Coldwell Banker Ocean Shores Brokers)
OCEAN SHORES REAL ESTATEJust SoldSOLD 3/19/24: Park Place unit 1S-Week J, #OceanShores, WA.This Ocean front Timeshare features 2 BD, 1.75 BA, 950 sq.ft. to be used 5 weeks per year.Sold for $2,000 cash.Congratulations to my Buyer and Sellers!!! They both were great to work with on this!!! ūüôāI thank God for His blessings.
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By Denise Lones, CSP, MIRM, CDEI - Real Estate Coaching & Branding
(The Lones Group, Inc.)
Website Reveal: Kelly Burns The International Builder Show in Last Vegas is like Disneyland for me. Not just the Builder Show, but I got to go to the Kitchen & Bath show too! I loved it. This week I want to give you some highlights and take-aways that I think brokers need to be aware of when providing service to both buyers and sellers. Right now, you have a lot of homeowners that are getting ready to go to market and they may be thinking of what kinds of things they may need to update to get top dollar. As their agent, you should be knowledgeable of new home trends. Let's talk trends for a moment and start with countertops. Gone are the days when the only choice was quartz. Wilsonart has a new line of Thinscape countertop that you cannot even tell that the product isn't quartz. For do...
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By Denise Lones, CSP, MIRM, CDEI - Real Estate Coaching & Branding
(The Lones Group, Inc.)
Website Reveal: Kelly Burns Kelly Burns is an experienced broker, whose background includes 25 years of title and escrow work. Already connected to the real estate industry, when a friend suggested she become a broker, she quickly transitioned into her new role and found a profession to love. Following on the heels of completing Kelly's real estate business branding, it was time to execute on creating her custom website to match. Kelly's brand had a clear direction with clean lines throughout, a confident grey marble texture that could compliment any listing photo or other content, a pop of spring color, and her incredible tree-house logo. This would be a great brand to build a website on. After talking to Kelly about her needs, we had a clear list of priorities that her own perfect we...
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By Toby Barnett, Toby Barnett
(KW North Sound)
For this YouTube Thursday, here is the latest video in the Build a Shop series. The video is a brief update on the personal shop and its progress yet totally highlights I skipped making a Permit Approval video. I'll get that made while I continue to film the progress. 
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By inboundREM Market Updates
(InboundREM)
Spokane Restaurants: Uncovering GemsSpokane, Washington, a city in the heart of the Pacific Northwest, is more than just its stunning natural beauty. It boasts a burgeoning culinary scene as diverse and flavorful as the surrounding landscapes. In this article, we'll take you on a gastronomic adventure through Spokane restaurants, uncovering hidden gems, indulging in farm-to-table delights, exploring international flavors, and much more!Spokane's culinary landscape is dotted with hidden treasures and charming eateries that might not make the top of tourist guides but are beloved by locals for their authenticity and flavor. The Fig Tree Restaurant: Tucked away in a historic building, The Fig Tree offers a fine dining experience focusing on locally sourced ingredients. Their seasonal menu ...
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By J. Casey Losh, CEO
(Ewing and Clark)
Northwest MLS MarketTransactions across the Northwest MLS, have been down the last two years.  For example, during the 5 years between, 2017 and 2022, the average of number of sales in February was 5,426 .  Furthermore, the least amount of sales transactions during that time was in February 2019 being 5,145.  In contrast, the past two Februarys the number of sales was 4,258 in 2023 and 4,189 in 2024.   Nevertheless, the median price has generally trended up, with 2023 the only year to see a dip from the previous year.  Median price across the NWMLS in February 2017 was $335,515 and now this past February median price was $608,111.Seattle Real Estate MarketSeattle has generally followed similar trends as the overall NWMLS real estate market, but February 2024 bucked the trend of the rece...
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By Denise Lones, CSP, MIRM, CDEI - Real Estate Coaching & Branding
(The Lones Group, Inc.)
Microsoft Publisher's Days Are Numbered 975 to be exact. Last week, Microsoft announced they would no longer be supporting Microsoft Publisher as of October, 2026. Here's their official statement: "In October 2026, Microsoft Publisher will reach its end of life. After that time, it will no longer be included in Microsoft 365 and existing on-premises suites will no longer be supported. Until then, support for Publisher will continue and users can expect the same experience as today." Our designers at The Lones Group have known for a while this is coming. The writing has been on the wall. While other companies that provide design software have been continuing to innovate over the last few years, we haven't been seeing Microsoft put their research and development into the Microsoft Publis...
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By Toby Barnett, Toby Barnett
(KW North Sound)
It has been crazy to say the least. Monday was a really big day in the shop build progression.Monday, Ford Crane came to the house and boomed a 16x16 playhouse approximately 120ft across the back yard. I had to dig out the playhouse foundation to make way for steal i-beam supports - they can be seen in the video. Then the crane company setup spreader bars and started moving - a longer video is in the works. It took 2 picks to move and set the playhouse into its new home.One YT commenter asked "but why?". A fair question. The playhouse is 16'x16' (256sf) and was situated where the new shop is to be built. The playhouse is sided with hardi-board, has vinyl windows, sheetrock, tongue and grove ceiling, and flooring so it was far cheaper to move than replace.It went so smooth and the playho...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Update: 3/7/2024The following graphic is provided courtesy of RMLS in the SW Washington / Oregon region, and showing the activity for the week of February 23 to 29, 2024 in Southwest Washington (includes Clark County WA and Vancouver WA):For this, the final week of February we see a decrease in New Listings - an element we sorely need to see improvement - maybe we'll see it soon?As expected the time on the market is speeding up, and with Active Listings so low, this element will be quite hot again soon.We have a mixed signal on Price, with the Average slightly down; and the Median with a gain. It is easy to expect prices to rise again with so few homes available for purchase.------The following graphic is provided courtesy of RMLS in the SW Washington / Oregon region, and showing the ac...
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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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