Posts Tagged ‘Freddie Mac’

October 2011 Sales Report

Everything!, Long Beach Peninsula, New Listings, Our Listings, Real Estate
OCTOBER 2011 SALES REPORT

 

October was a pretty nice month, both weather-wise and sales-wise!  16 single family homes listed with the Northwest Multiple Listing Service sold during the month.  There were also 6 vacant land sales during that period of time.  It was encouraging to me that of the sales, only two of the homes were bank owned.  There are still some great buys here at the beach and interest rates are still incredibly low per Freddie Mac’s Primary Mortgage Market Survey.

According to NWMLS, October was a month for “Tricks and Treats” in home sales.  Pending sales up, sale prices down.  To read the whole report, click NWMLS NR (Oct 2011).

As of this post, there are 336 single family homes/condos in “Active” Status.  If you’re looking for a beach home for either vacations or full time living, the inventory is high, sellers are motivated, interest rates are good, and Discovery Coast Real Estate is here to help!   And sellers, as of today there are 37 homes in pending status – buyers are out there so don’t get discouraged!

Come to the beach and dig some razor clams, stop by the office and pick up the 2012 Tide Tables too!

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Buying a Home, (Part 3) Start Shopping!

Everything!, Real Estate
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Location, Location, Location

Now that you know how much you can afford to spend, it’s time to get down to business.  Review Part 2.  I know, you’ve been looking at houses for weeks (maybe longer) dreaming of finding that perfect home.  There are so many to chose from!  Where do you start? The Long Beach Peninsula (loosely termed) has a variety of neighborhoods, homeowner associations, etc.  Finding the right fit is important because this is a big step.  Take into account where you work and play.  Do you want to be on a bus line?  Is being able to walk to town important?  Want to run the dogs on the beach without driving there?  Only you can answer these questions about location.

Along with deciding where,  you also need to separate NEED vs WANT.    Think of these points and decide whether they are WANTS or NEEDS:

  • Number of  Bedrooms
  • Number of Baths (full, 3/4, half?)
  • Square footage of home
  • Family room
  • Den/office
  • Garage
  • Yard size
  • You get the idea – keep going….

Stay flexible and remember, don’t judge a book by it’s cover.  Sometimes a home  lacking in “curb appeal”  is hiding all of the features you’re looking for.  And when you get inside, don’t dismiss a home that might not have the color of carpet or other cosmetic features that are on your list.  Keep an open mind and think of the possibilities!

When you get ready to view homes with your Realtor© print out a few of these WORKSHEETS courtesy of Freddie Mac and take them along.  A digital camera is also helpful.

This is an exciting time so  make it fun.  A trusted Realtor© can make it less stressful and more productive!  And when you’ve found the one that’s right for you, it’s time to make the offer.

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