Pending and Closed Sales Kitsap County through March 2012

April 28, 2012

Pending and closed Sales

The number of pending sales in March was up 33% from a year ago and was up about 25%
from February. The statistics for March pending sales varied for different parts
of the County. The above graph shows the 3 month moving average of pending
sales for different parts of the County.

Bainbridge Island has seen above average activity followed by Bremerton.

Buyers – there are still some good values available BUT who knows when the interest rates will start to move up.

Sellers ~ Want to know the estimated value of your home today.  Please give me a call.

Have a GREAT day!

Christine Brevick, Broker

www.kitsap-realestate.com

Windermere Real Estate Agent With Kitsap County Market Activity

April 24, 2012

These graphs that are taken directly from the Northwest MLS only share a glimpse of activity.  Without breaking down the each market segment it would appear that the market continues to improve.  However,a house is not always a house.  They come in all sizes, shapes and condition.

Call me if you’d like further clarification on the market; if you’d like a complimentary price opinion of your home or you are ready to start shopping for a new house!

Have a GREAT week!

Christine Brevick

Windermere Real Estate, Broker

April 20,

Greetings,

Here’s a link to a good article about Short Sales that briefly outlines new rules imposed by Federal Housing Finance Agency aimed at speeding up the short sale process.

http://money.cnn.com/2012/04/19/real_estate/short-sales/index.htm

Would be GREAT if this could keep many homes from falling into foreclosure!

As always, I’m happy to answer any of your questions about the changing real estate market!

Have a great weekend — we are hoping for a sunny Saturday & Sunday.

Christine Brevick, Agent/Broker

#360.509.0132

Windermere Real Estate Kitsap County For Sale and Pending Listings

April 19

The Kitsap County real estate market (Poulsbo, Silverdale, Kingston, Bremerton, Bainbridge Island) is dramatically picking up steam.  Every office is reporting buyers aggressively seeking out the bargains that appear to be a thing of the past.  But the single biggest commentary is the lack of inventory which makes for an even tighter market in certain price ranges.  The grave above demonstrates this.  Example:  March 2011 226 homes in all of Kitsap County went into contract (pending status) for the March 2012, 283 homes went into pending status with nearly 100 LESS homes listed for sale!

The super good news is that interest rates remain stable with approximately 4% for 30 year amortization.  The single digit interest rate allows homes to remain affordable.

If you are thinking about making a purchase do NOT delay!

Put my 15+ years real estate experience to work for you!  Call me.

Christine Brevick, Broker

360.509.0132

Kitsap County Real Estate Statistics Week Ending April 14, 2012

April 14, 2012

* The number of homes going into contract (Pending) continues to rise

* Inventory remains low in the most active price range (under $275,000)

* Indicates are that in the first time homebuyer sector the market is moving from buyer’s market to a balanced market.

For more complete market information, give me a call.  Have a great week!

Christine Brevick, Broker

Windermere Real Estate serving Kitsap County for over 15 years.

Love where you live!

MLS Weekly Real Estate Market Activity Week ending 4/8/12

April 8, 2012

I try every week to post the Real Estate Activity for Kitsap County, Wa.  In all categories.  My goal is to help my clients become and remain knowledge about the current activity.

Hoping you find this useful.  Any questions, please contact me.

Remember, I can sell you any house you see, anywhere.  No additional charge!  Our inventory is waaay down, buyers are back, interest rate are low.  Good time to sell and buy something else?

Happy to help you consider all your options.

Cheers!

Christine Brevick, Broker, over 15 years full time experience.

cbrevick@windermere.com

Kitsap County Real Estate Statistics for Week Ending March 30, 2012

March 30, 2012

Thinking of selling your home?  Thinking of buying a home?  Everyone wants to know how their local market is doing.  I have posted above a selection from the MLS for Kitsap County for the week ending March 30, 2012.   Here you can see the new listings, pending (into contract) listings, expired (didn’t sell) and homes that sold (closed escrow with happy new owners!).

If you’d like more detailed information on price break down and specifically for your home, always happy to help.  Price evaluation of your home in today’s market is FREE !  I would appreciate the opportunity to be of service to you.  I specialize in Poulsbo, Silverdale and Bainbridge Island with over 15 years of full time experience.

You can search ALL of the listings in the NMLS (including Poulsbo, Kingston, Silverdale and Bainbridge Island) from my site.

Cheers!

Christine Brevick, Broker

cbrevick@windermere.com

MLS Poulsbo, Silverdale, Bainbridge Island ~ Kitsap County Houses for Sale

15+ Year full time real estate broker in Kitsap County, Christine Brevick.  Put my experience to work for you!

March 30

8 Ways to Sweeten the Deal On Your Home

Offering freebies with your house is almost a requirement in today’s market.  Buyers want you to help reduce the initial hit to their wallet should they buy your house.  Whether you are looking to sell your home in Poulsbo, Silverdale or Bainbridge Island — are are some GREAT ideas!

* Forget the gimmicks!  Awhile ago gimmicks (incentives) were fun, but the nature of the real estate market in Kitsap County and elsewhere is more serious now.

* Pay closing costs!  Why?  While the home price will be spread out over the life of the loan, the closing costs are due NOW.

* Buy down the buyers mortgage interest rate.  Instead of knocking down the price, a seller can give money to the lender to go toward the buyer’s interest payment for a certain amount of time.  This will lower the monthly payment for the buyer which will let them qualify for a larger loan and purchase price.

*  Buy a Home Warranty.  It will only cost the seller about $500 and gives the buyer peace of mind that most mechanical or electrical repairs will be made for the first year.  this is particularly useful for a first time homebuyer home.

* Prepay some first year expenses.  Buyers who might have exhausted their savings and entered into a higher monthly housing allowance may feel great relief knowing that other costs may be prepaid for them.

The above suggestions send a strong message to buyers that you are willing to negotiate which is what the buyers today are looking for.

Happy House Hunting and LOVE where you live like we do in Kitsap County.

Cheers!

Christine Brevick, Real Estate Broker

cbrevick@windermere.com

Homes for Sale Poulsbo, Silverdale, Bainbridge Island

MLS Cumulative Days on the market

March 20

Greetings!

The above graph is complied from Trendgraphix and represents Multiple Listing (MLS) data for Kitsap County ~ Poulsbo, Silverdale, Bainbridge Island.  The graph represents:

* Cumulative Days on the market

* List price %

* ONLY single family homes (not condos or mfg. homes)

* No price limit was used

* Representative of the last 15 months

If you are ready to buy or sell a home, give me a call and put my 15+ full time years experience to work for you!

Interest rates are going up, we are seeing multiple offers for homes under $300,000 — better hurry!

Happy House Hunting!

Christine Brevick

cbrevick@windermere.com

What's My Home Worth ~ Graph of Months to Sell

March 16

The chart above gives you a longer term perspective of 3 years to see what the market has done.  This chart shows the months of inventory on the market based on pending sales. After reaching a multi-year high inventory high in Nov ‘08, our inventory levels have dropped off significantly. Four subsequent spikes in inventory occurred during the Holidays & after the expiration of the 1st Time Homebuyer Tax Credit (April 2010) and we appear to have crested another Holiday spike and are on the way down. With interest rates at historic lows, now may very well be THE BEST time to buy a home!

Need to sell your house before you buy a house — FREE market analysis, as always.  Some in life are still – free!

Christine Brevick

Broker with 15+ years full time experience in Kitsap County, Poulsbo, Silverdale and Bainbridge island