Clark County, WA Real Estate News

By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Nationwide we are seeing reports that the number of Existing Home Sales have Declined for 11th Straight Months; and want to show our readers what we are seeing in the local Vancouver Washington market, and to provide a couple of additional reasons, beyond the massive rise in home loan rates, why we are seeing fewer home sales of late.We have prepared the attached graph that shows the rolling-averages (3-month and 12-month) tracking the existing home sales in Vancouver WA:We can see from the chart the existing sales losing their annual upward momentum around Spring 2022. This is also clearly a strong move to the downside such that the 3-month average never rose above the 12-month line; and ended the year at a point we haven't seen this low in 8 or 9 years!Nationwide the annual decline wa...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
The December 2022 Real Estate Sales Action Still Suggest a Seller's Market in Vancouver Washington!The Snapshot graphic below is provided by RMLS to show us many of the key home sales metrics for Vancouver, Clark County and Southwest Washington:Even though the real estate market is "slower" than it was in early 2022; these statistics for one of the slowest months of the year show rather strong activity.For example, a total market time of 52 days is relatively brisk (it is several days lower than December 2019) for this time of year. We also see Pending Sales exceeding New Listings; which tells us the Available Inventory is declining!Also, the statistic shown at 1.9 months includes New Construction. When looking at only Pre-Owned Inventory, the number shrinks to 0.8 months worth!!! This ...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Excellent Vacant Lot in Uptown Vancouver WA - Community Commercial Zoning OverviewMapsPhotosFeaturesDescription $580,000 Lots and Land Main Features Lot: 7,400 sqftMLS #: 23164862 Location 1911 BroadwayVanocuver, WA 98663USA John Slocum Premiere Property Group, LLC(360) 241-7232clagent@clarkcountyexpert.comhttp://www.clarkcountyexpert.com        Listed by: John Slocum Our recent listingsAwesome & Rare, Larger One Level Home in Rollins Estates | $619,000 | Vancouver, WA Subscribe to our listing feed Nearby properties for sale
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By Dawn Workman, Camas Real Estate Expert, MBA, 480-540-8100
(Veracity Real Estate Group, LLC)
As a first time home buyer some people are anxious to get a jump in real estate and think they would like to buy their first home but also would like to buy a rental property.  How about buying both?  I know what you are thinking, you only qualify for one loan.  Exactly! Did you know you can buy a single family residence, a duplex, a triplex or a four-plex as a primary residence most times?  Meaning you can live in one unit and rent out the other one, two or three.  This is a great option to people that may make enough money to qualify for a loan but may not want to be married to their mortgage payment. Or, people that live in an area where house prices are a bit ridiculous and they can’t afford what they want because their payment would be too high on their own. Or, people that simply ...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Awesome & Rare, Larger One Level Home in Rollins Estates OverviewMapsPhotosDescriptionMarket Stats $619,000 Single Family Home Main Features 3 Bedrooms2 Full BathroomsInterior: 2,334 sqftLot: 0.23 acre(s)Year Built: 1989MLS #: 22667167 Location 4701 NE 25th CtVancouver, WA 98683USA John Slocum Premiere Property Group, LLC(360) 241-7232clagent@clarkcountyexpert.comhttp://www.clarkcountyexpert.com        Listed by: John Slocum Our recent listingsAwesome & Rare, Larger One Level Home in Rollins Estates | $649,000 | Vancouver, WA Subscribe to our listing feed Nearby properties for sale
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By Jill Watts, A Luxury Experience at Every Price Point!
(Realty Pro, Inc.)
EXTRA!   EXTRA!   EXTRA!  BIG   NEWS  IN  CAMAS  WA! NEW   ON   THE   MARKET   FOR   SALE!!LOVELY 3218 NW IVY LNCamas, WA 98607  Spacious, well-maintained home with lots of excellent extras!!! CHECK OUT THESE EXTRAS -HOME IS AVAILABLE FOR SHOWING TODAY!  New furnaceBrand new garage doorsEnergy Saving Solar! PUD $90 a month with a Solar rebate of $1200 annually! Solar installed and paid for 2019Rough Plumbed for Central Vac, sprinklers, extra ½ bath New Lap sidingRoof is only 10 years oldIncredible Valley views and home sits on .63 of an acreAward winning Camas School system, high graduation rates https://www.camas.wednet.edu/No HOATwo fireplaces, one is pellet and the other is wood burning                  This splendid Camas WA home has almost 4,000 sq feet (4 bedrooms and 3 baths) of ...
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By Jill Watts, A Luxury Experience at Every Price Point!
(Realty Pro, Inc.)
 1203 S Union Place, Ridgefield WA 98642Go Tour This Home Today!(Virtual Showings Are Available too!)Ed Goldhammer: 360-600-5225    Here is what the RMLS says: This 3 Bedroom, 2.5 Bath home with 9ft ceilings on main, laundry room on 2nd floor and walk in closets for all boasts several upgrades including S/S appliances, granite countertops, soft close cabinets and under cabinet lighting. Sizeable Kitchen Pantry. Gas forced heat with A/C. Nearly 10k in upgrades. Extra spacious hallway on 2nd floor perfect for all your additional living space ideas: reading nook, sofa with TV, office or craft desk, builder suggested a kitchenette- the creative possibilities are boundless. Enjoy the gorgeous sunsets out back on the covered patio with a fenced backyard and sprinkler system.                  ...
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By Jill Watts, A Luxury Experience at Every Price Point!
(Realty Pro, Inc.)
 3700 SE Stiles Rd, Washougal WA 98671You will fall in love with this gorgeous and secluded home on 1.94 acres! Home is 2,340 sq ft, 2 story- 4bed/2bath. It's ranch-style living on ground floor 3 bedrooms down w/2 baths, upstairs 4th bedroom and huge bonus room upstairs w/3rd bathroom ready-plumbed. The bonus room upstairs is perfect for big screen game-day tv action, video games and other activities or over-night visitors. Beautifully landscaped & private-- approximately 1 mile from downtown and about 15-20 min to: PDX airport, shopping, groceries, big box stores and medical. Light and bright, full of windows for lots of light. Vaulted ceilings, tall bookshelves, propane stove for warming by the fire.Preparing meals in this spacious kitchen will be easy. You can see right into the huge...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Property / Unit Sales Slower, with another Slight Price Rise for a New Record High for Vancouver WA in February 2022. 2021 was an extremely strong market that consumed nearly every piece of available Inventory. Now we see modestly reduced Unit Sales compared to last year, a result that shouldn't be too surprising. Prices are still seeing pressure to move up, and although the gain was small they still achieved another New High. Super Low Active Inventory is clearly hampering unit sales so far this year. Mortgage rates have moved up strongly to 3.76%. Here are the highlights for this month: 294 Resale Residential Properties closed this month, which is 26 fewer (-8.2%) compared to the same month last year; and 37 more than last month.   The 3-Month Moving Average Price Trend rose to a new...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Property / Unit Sales dropping, with Slight Price Rise to a New Record for Vancouver WA in January 2022. We are starting the new year with greatly reduced Unit Sales compared to last year, although last year's posting was unusually strong. Prices however, are on the move back up, with a small gain they hit another New High. Abnormally Low Active Inventory is no doubt one of the reasons unit sales are down this month. Mortgage rates have moved up strongly to 3.45%. Here are the key points for this month: 257 Resale Residential Properties closed this month, which is 25 fewer (-8.9%) compared to the same month last year; and 191 fewer than last month.   The 3-Month Moving Average Price Trend rose to a new high, and is now at $493,536, with a year-over-year gain of 16.06% ; with the 12-Mon...
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By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
Lovable Forrest is already one-year old. It doesn't seem possible, and yet in other ways, it's as if he's always been around. He's quite a talker. Grouses and grumbles when he doesn't get his way, and purrs and gurgles when he's especially happy. Finnegan, who is nearly a year older, is his constant companion and yet, Forrest is the alpha in their pack of two. For example, Forrest's favorite toy is his stuffed Mr. Bill doll, a gift from friends. Finnegan has already torn up his own Mr. Bill gift doll, and for that matter, all the other stuffed toys we've purchased for them. However, he somehow knows to leave his brother's Mr. Bill alone. "Oh nooooo," we hear at times during the night as Forrest rolls over on the stuffed doll.   It's the same with bones or treats. Finnegan defers to his ...
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By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
The process of aging is a rocky one in the latter years. There are ups and downs and plenty of surprises. We've decided it's the ability to roll with the punches that makes things easier.  Recently, we had a chance to put it to the test at our multigenerational home in Camas, Washington. As you know, 95-year-old mom is the focus of most days and her health and well-being are our top priority. Last week, she woke up with some symptoms indicating a mild stroke. She knew us, but couldn't say our names. Naturally, we made an emergency appointment to see her doctor. The CAT Scan didn't show any signs of a stroke, but we are still waiting for an MRI and an eye appointment to help determine the cause of some ongoing visual disturbances. Fortunately, she's no longer struggling with names and se...
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By Jill Watts, A Luxury Experience at Every Price Point!
(Realty Pro, Inc.)
PSSSSST....YOU ALREADY KNOW THAT YOUR HOME VALUE HAS GONE UP!! WHOOOHOOO!!!  IF YOU ARE THINKING OF MOVING TO THAT VACATION SPOT YOU'VE ALWAYS LOVED....MY REFERRAL PARTNER ED GOLDHAMMER IS THE BEST CONTRACT AND NEGOTIATION AGENT I'VE EVER MET, BAR NONE.   Ed gets great reviews because he always answers his phone, been in the business 29 years and has worked with most of the agents in Clark County. Those agents all love Ed because they know he will CLOSE your sale!  *** These weekly reports keep buyers and sellers informed about local market conditions when they're buying or selling their home. The reports use real-time data so you can make decisions based on what's happening in the market right now and how the market is changing week by week. Here are a few tips for using the reports: ...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Seasonal Decline for Unit Sales; With Sales Price Moving Up Deliberately for Vancouver WA Condos in December 2021. We are late in the Season and Unit's Sold are declining as we expect. For the year we have seen a record total. Prices for the short-term trend are currently coming in close to the rising long-term trend-line. Active Inventory remains at the extremely low 0.3-month's worth of Supply. Here are the highlights for this month: The Short term Condo Sales Price (3-Month Moving Average) gained eased $1,740 and is now at $335,808; which is up 14.63% compared to the prior December; and the 12-Month Moving Average is up 14.26% compared to the prior year;    60 Resale Condominiums were sold, which is down 1 unit compared to December 2020, and 4 fewer than last month;  REO/Bank Owned ...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Closed Unit-Sales Ease; While Sales Prices Halt their Retreat this month for Camas WA Real Estate in December 2021 This month we see prices stop their near-term skid, and resume their rise at a modest pace; ending the year $109k higher than last year. Closed Unit-Sales are still easing; likely owing to the super low Active Inventory. Here are the highlights for this month: The Short-Term Average Price Trend moved-up approx. $24k to $744,136; which is 17.16% higher than last year; with the 12-Month Moving Average also very strongly positive at 24.74%   The Inventory level has sunk to a record low 0.3 month's of supply for pre-owned properties.      Approximately 41 Resale Properties closed in December 2021, compared to 50 Sold in 2020; which is 9 fewer (-18.0%) compared to last year, an...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit-Sales End the Year Strong; with Sales Prices Powering to another New High Level for Battle Ground WA Real Estate in December 2021 Battle Ground has closed out the year with a continued hot real estate market with prices rising at a 21%+ pace. The number of Unit's Sold was 13%+ higher (75 units) than last year; and ended the year with the Super Low 0.3 Month's worth of Inventory. Here are the highlights for this month's report: The 3-Month Moving Average Sales Price increased by approximately $22k and is now $625,650 which is 21.52% higher than last year; with the 12-Month Moving Average now at $584,763 or, 23.01% compared to last year.  The Inventory level for Resale Homes at any one time is now at a record low, 0.3 Month's of Supply.  Approximately 66 Pre-owned Homes closed this ...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Much Slower Unit Sales, with Slower-to-Stalled Price Rise for Vancouver WA in December 2021. As we complete the final month of the year we see typical slowing in Unit-Sales with Prices the softest we've seen in a long time; with extremely Record-Low Active Inventory. Mortgage rates remain moved up slightly to 3.10% Real estate Prices in Vancouver WA slowed their rise to less-than $3k above last month (up 15.58%+ year-over-year). Here are the highlights for this month: 435 Resale Residential Properties closed this month, which is 10 more (2.35%) compared to the same month last year; and 7 more than last month.   The 3-Month Moving Average Price Trend rose to a new high, and is now at $492,246, with a year-over-year gain of 15.58% ; with the 12-Month Moving Average at 17.40%.  Short Sale...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Continued Easing for Unit Sales; With Sales Price Continuing to Rise Slightly for Vancouver WA Condos in November 2021. Although Unit's Sold have been sliding, we are still in record territory overall for the year. Prices for the short-term trend is matching the rise of the long-term trend-line. Active Inventory slides to an extremely low 0.3-month's worth of Supply. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) gained just under $5k and is now at $338,270; which is up 14.16% compared to the prior November; and the 12-Month Moving Average is up 13.28% compared to the prior year;    62 Resale Condominiums were sold, which is down 9 units compared to November 2020, and 25 fewer than last month;  REO/Bank Owned Condominium sales came in ...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Seasonal Slowing Continues for Unit Sales, with Sales Price in a "Holding Pattern" for Vancouver WA in November 2021. We expect sales to be slower at this time of year however, we have lower unit-sales than last year, in addition to dropping off from earlier this year.  Super-Low Active Inventory at 0.2 Month's of Supply is reflective of the lower unit-sales - there are just not enough properties to be purchased. Mortgage rates are up slightly at 3.07.%  Here are the highlights for this month: 423 Resale Residential Properties closed this month, which is 50 fewer (-10.57%) compared to the same month last year; and 70 fewer than last month.   The 3-Month Moving Average Price Trend rose to almost match this year's high, and is now at $490,336, with a year-over-year gain of 15.62% ; with ...
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By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit Sales Show Seasonal Slowing with Continued, although Slower Price Rise for Vancouver WA in September 2021. Heading into the traditionally slower time of the year we still see relatively strong Unit-Sales with still-rising prices; with Low Active Inventory. Mortgage rates remain moved up slightly to 2.9% Real estate Prices in Vancouver WA slowed their rise to $3k above last month (up 17%+ year-over-year). Here are the highlights for this month: 517 Resale Residential Properties closed this month, which is 39 more (8.16%) compared to the same month last year; and 1 more than last month.   The 3-Month Moving Average Price Trend rose to a new high, and is now at $490,787, with a year-over-year gain of 17.26% ; with the 12-Month Moving Average at 17.14%.  Short Sale /Pre-Foreclosure pr...
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