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 [...]

The 2009 Remodeling Cost vs. Value Report has been published.  This annual report shows the average return that homw owners recieve from home improvement projects compiled from estimates furnished by REALTORS.
This year’s report shows that exterior projects are the most profitable at resale.  On a national level, eight out of the top 10 projects in terms [...]

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.

 
In addition to some positive action in the stock market, there has been some very good news for the real estate market:

CNNMoney reports that new construction (single family) was up as well in January. “New construction of buildings with 5 or more units increased surged 80% to 212,000 from 118,000 in January.”

The U.S. Commerce [...]

Here is some great real estate news for Anacortes home sellers.    Pending home sales in January were not only up in Anacortes and Skagit County, but pending home sales were up all over the country.  Here is a press release from the Northwest MLS.
KIRKLAND, WA. (Feb. 4, 2009)– Pending sales during January jumped from the same [...]

Home Prices Down. Sales Up.Bargain Hunters Snapped Up More Foreclosed Homes in December
 
Existing home sales unexpectedly showed a notable increase in the month of December, according to a report released by the National Association of Realtors, with some buyers taking advantage of lower home prices. The report showed that sales of existing homes rose 6.5% [...]

Good news!
Due to the efforts of the National Association of REALTORS® and specific members of Congress, significant progress has been made in regards to housing provisions in the National Economic Stimulus Bill.
Last week, the US House of Representatives passed the American Recovery and Reinvestment Act (H.R.1). This bill has some key provisions that will stimulate [...]

 
The real estate market in Anacortes is NOT doom and gloom!  We are seeing many first time Anacortes home buyers shopping for their first home, and we have had several Anacortes home sellers reach mutual acceptance on offers.
One of the things that stimulated the housing market during the past boom was the insurgence of first time [...]

 A short sale is a situation when the owner of a home or property owes more than it is worth.  When the real estate market was hot, many lenders were giving loans with little or no down payment needed resulting in buyers with little or no equity.   Since home prices have softened, buyers owe the lender [...]

 November was a very volatile month in the financial markets and that was reflected in our Anacortes real estate market as well. 
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To see last months sales numbers for Anacortes real estate please click here.
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