discoverycoastrealestate.com

The Long Beach Peninsula is where it’s at!

Cheri Diehl — Fri, 03 Sep 2010 00:02:15 +0000

If you haven’t visited, why not? If you haven’t found your beach home or property, you’re just not trying!

Interest rates are at a historic low, inventory is high and sellers are motivated. Discovery Coast Real Estate can help you find just the right property at the right terms. Visit our site, sign up for updates, contact one of our Brokers, get started on your future!

And while you’re thinking about the beach, please visit our wonderful Visitor’s Bureau site and check all the new features. And be sure to watch the Today Show video!

The Long Beach Peninsula is where it’s at! is a post from: discoverycoastrealestate.com

235 SE Howerton Way, Ilwaco

Cheri Diehl — Sun, 22 Aug 2010 19:42:41 +0000

$189,000

Turnkey Restaurant

Waterfront!

#120982

Owner says sell it now! Waterfront location. Building is over 1500 SF + outdoor patio area. Turn key restaurant (equipment list available), once the fabulous Port Bistro. The Port of Ilwaco is famous for fishing, galleries & fabulous food! You’ll have a front row seat to the bustling Saturday Market, Art Walks, Blues & Seafood, Tall Ships & more. Easy lease negotiation with Port of Ilwaco. Financing possible through Bank of the Pacific (owner). Be a part of the excitement that Ilwaco is generating.

Discovery Coast Real Estate has some wonderful properties for sale! And if one of those isn’t what you’re looking for, we can show and sell any property listed for sale. We can even help with those FSBOs. For more information on any property for sale on the Long Beach Peninsula, whether on the beach, bay, lake or top of the hill, call us at 360-642-3325 or email Discovery Coast Real Estate.

235 SE Howerton Way, Ilwaco is a post from: discoverycoastrealestate.com

2103 Pacific Ave N.

Cheri Diehl — Sat, 21 Aug 2010 19:26:50 +0000

$179,999

Commercial Building

3 lots

#120918

Ready for your ideas! Formerly “Unique Petique” this 2400sf bldg on 150′ of busy frontage has a lot going for it (3 lots!). Continue the pet supply business that attracted loyal customers & tourists for the past 15 yrs or take advantage of the many permitted uses for this comm. zoned building. Potential for add’l bath, well insulated, brightly lit. Oak cabinets & lots of shelving included. Office area up. Sellers’ health forces early retirement. Financing available thru BOP for right buyer.

2103 Pacific Ave N. is a post from: discoverycoastrealestate.com

Sea Turtles, Rotary and the Beach!

Cheri Diehl — Tue, 10 Aug 2010 17:41:28 +0000

The Rotary Club of SW Pacific County Peninsula enjoyed a fascinating talk by Marc Ward of Sea Turtles Forever this morning. He focused on the amount of plastics found not only on our beaches but inside just about every sea bird, fish and now the turtles too! Please visit the website and do what you can to help.

Do you know what Rotary does? Visit our site, look for us on Facebook and look around for a Rotarian to ask! What a wonderful organization this is.

Are you still looking for your own personal piece of heaven at the beach? Try some of these listings on for size:

South Bay, 5 acre parcels, gated entry, paved road.

5+ acres and tidelands on Willapa Bay.

Chinook 5 bedroom home.

Oceanfront land in Seaview.

Remember, for all your real estate needs, Discovery Coast Real Estate can help! Call us today, enjoy your beach home practically tomorrow!

Sea Turtles, Rotary and the Beach! is a post from: discoverycoastrealestate.com

210 26th St, Long Beach

Cheri Diehl — Mon, 09 Aug 2010 21:25:41 +0000

$225,000

Adjoining Units at

The Breakers

#114112

Situated on 24 acres of park-like oceanfront property, this tidy package pays for itself a good portion of the year! Adjoining units give you plenty of options: use 1 side yourself & rent the other, rent both, or enjoy both yourself! Fully furnished down to the toothpicks, TVs have DVD/VHS; floor coverings, countertops, windows & more are new. HOA dues include everything but electricty. You’re just steps from the famed Discovery Trail allowing you to bike or walk Long Beach and points south..

210 26th St, Long Beach is a post from: discoverycoastrealestate.com

16102 Sandridge Rd, Long Beach

Cheri Diehl — Fri, 06 Aug 2010 21:41:02 +0000

$699,000

Over 9 Acres

Horse Friendly

#113721

Willapa Bay Lover? Equestrian? Look no further! Over 9 acres/534′ frontage, fenced for horses, across from the south end of Long Island. 1920s vintage home is waiting for your ideas to bring it to full potential. Lots of light, updated wiring and plumbing. Lots of storage plus attached 2 car garage. Barn has 2 stalls, lean-to, room to park a trailer. H/U for propane fplc in living room. Forced air elect heat plus bbe & wall heat. Woodstove in family room heats the whole main level! Appt only.

16102 Sandridge Rd, Long Beach is a post from: discoverycoastrealestate.com

416 Quaker, Ilwaco

Cheri Diehl — Thu, 05 Aug 2010 22:13:47 +0000

$495,000

Possible Owner Contract

MLS #112111

3 lots with house on one lot, there are two other separate lots in an approved new subdivision. Buy the whole parcel or any of the two lots. All lots will be furnished with water, sewer, and electrical,installation. Beautiful view of the river and the mouth of the Columbia. Close to schools. This three bedroom home sits high above the Port of Ilwaco. Owner will consider terms on lots and home with large down payment and shorter term contracts.

416 Quaker, Ilwaco is a post from: discoverycoastrealestate.com

July Sales Report

Cheri Diehl — Thu, 05 Aug 2010 22:03:30 +0000

Pacific County saw a bit of an increase in sales in July, which is really encouraging. With a bit of sunshine, I think more buyers will be getting in the mood to buy!

There was one commercial sale, the Ilwaco Market, which changed hands on 7/15/10. In the Farm and Ranch category, Cranmoor Farm sold on 7/14/10. Single family homes, which in clude manufactured homes not in parks and condos totaled 12 with an average price of $132,633 and average 246 cummulative days on the market. Vacant land sales ranged from $$7,500 to $90,000 in 8 separate sales. Please note that these are strictly NWMLS listed sales. For more detail on the sales you can view the Cross_Client_Detail3870

How’s the rest of the state doing? Here are some excerpts from the Northwest Multiple Listing Service News Release:

Brokers reported 5,571 pending sales across the 21 counties in the Northwest MLS service area. That’s up slightly from June when they reported 5,547 pending sales, but down about 23 percent from twelve months ago when there were 7,279 pending sales.

NAR, in its prepared statement, also addressed the employment picture. “There could be couple of additional months of slow home-sales activity before picking up later this year, providing the economy continues to add jobs. We’ve turned the corner on home prices and they should remain fairly stable over the balance of the year, but we really need to see stronger job creation to have a meaningful recovery in the housing markets,” according NAR.

MLS director Matt Deasy, managing broker of Windermere Real Estate/East, suggested some would-be buyers may not fully understand the advantages of today’s low interest rates. Citing examples from Windermere’s affiliated mortgage company, Deasy said a buyer saves $374 a month on a $300,000 loan compared to three years ago. The principal and interest on a $300,000 mortgage at today’s rate of 4.375 percent would be $1,498. Three years ago, when the rate averaged 6.375 percent, the P&I payment would have been $1,872.

On a $400,000 loan, the savings would be almost $500 per month ($2,495 less $1,997 = $498). For the past 30 years, the average rate is approximately 9 percent, which puts the payment on a $300,000 loan at $2,414 – a difference of $916 per month. “Buyers are motivated when they see these comparisons,” Deasy remarked. He also believes there’s a pent-up demand based on the number of pre-approvals for loans in the mortgage company’s pipeline. He expects many of these potential buyers “will pull the trigger” once rates or prices start edging up.

July Sales Report is a post from: discoverycoastrealestate.com

21810 Pacific Way

Cheri Diehl — Mon, 26 Jul 2010 20:11:38 +0000

$275,000

Commercial Building

Great Income!

#105757

Established commercial building, tenants on month to month rent basis, 200 ft highway frontage signage furnished.

21810 Pacific Way is a post from: discoverycoastrealestate.com

June Real Estate Report

Cheri Diehl — Mon, 19 Jul 2010 21:22:08 +0000

June saw a bit of an upswing as far as sales went but we’re still not where I’d like to be. If you’d like to see what sold in June, you can click here for the June Sales Report.

While Pacific County isn’t exactly the market the Northwest Multiple Listing Service gets the bulk of its figures from, it does show the general trend in Washington state:

KIRKLAND, Wash. (July 6, 2010) – Not even the lowest interest rates in decades could entice wary house-hunters last month. Home sales around Western and Central Washington remained sluggish with pending sales lagging year-ago levels, but not all the numbers were down.

June’s pending sales (mutually accepted offers) outgained the total for May by 5.8 percent. Closed sales were up from both a year ago and the previous month. Brokers also applauded congressional approval of legislation to extend the tax credit deadline on contracts signed by the April 30 deadline. That measure, which President Obama signed on July 2, pushes the deadline to Sept. 30.

“In general consumers seem to be stuck in uncertainty surrounding the world’s economic concerns, our lack of jobs and the rollercoaster of the stock market. They seem to be hunkering down despite the lowest interest rates in years,” said NWMLS director Frank Wilson, managing broker at John L. Scott, Inc. Poulsbo.

The MLS summary statistics for June show:

Pending sales of single family homes and condominiums (combined) fell 28 percent from a year ago, but rose 5.8 percent from May.

Year-to-date (through June), pending sales are up 12.4 percent compared to midyear 2009.

Closed sales for June outgained the same month a year ago by 617 transactions (up 12 percent), and rose 8.9 percent from May’s total.

The median price for last month’s completed transactions is down about 7 percent from twelve months ago.

Four counties (Cowlitz, Grays Harbor, Lewis and Pacific) reported price increases from a year ago, while eight other counties had declines of less than 5 percent.

House-hunters have plenty of choices. Brokers added 10,354 new listings to inventory last month, bringing the selection to 42,940 residences being offered for sale system-wide. That’s up about 4 percent from a year ago. Included in the current listings are 36,027 single family homes priced from $8,500 to $25 million, and 6,913 condominiums priced from $20,000 to $15.6 million.

As far as what happened in South Pacific County, there were 18 single family home sales ranging in price from $95,000 to $805,000. Average days on the market were 332 with four of the homes being on the market in excess of 2 years. One of the homes was in Sunset Sands, 4 in Surfside. The $805,000 sale was in Butterfly Shores.

Vacant land fared a little better than last month with 7 sales ranging from just $6,000 (1-1/2 acres probably not buildable) to 3.65 acres of view property in Ilwaco at $278,000. The sales prices averaged 82.65% of the list prices.

(note that these figures are only based on MLS listed sales – there may be additional sales between private parties that are not part of the computations)

On the market right now there are:

Condos: 25 ranging in price from $28,500 to $210,000

Single Family Homes (including manufactured): 384 with prices from $12,900 (singlewide in a park) to $1,485,000 for a 5000 sf home on Willapa Bay.

Vacant Land: 341 starting at $12,900 (Surfside, no utilities installed) to $2,100,000 for 24 acres with part of it bordering Loomis Lake on the east and the other to the western upland boundary on the west.

So, is it a good time to be a buyer? You bet! Contact any one of our brokers for more information. Charlie Diehl, Kaapi Corsi, Butch Calvert, Warren Ani, Cheri Grocott.

June Real Estate Report is a post from: discoverycoastrealestate.com