Market Trends on Bainbridge Island
Market Trends and Housing Data for Bainbridge Island, WA.
April 18, 2012
The Big Picture If you consider only the number of homes (or condos) that sold during the first quarter of this year, your initial reaction would probably be, “Ho hum.” Look carefully, though, and you will see some interesting things. If you include what is happening now, in mid-April, you […]
March 14, 2012
Current Bainbridge Island Market Conditions 2012 started off with quite a bang in our office. In the last week of February alone I had four closings and the statistics right now of PENDING sales show growth and optimism for our market, especially in the higher end segment. Our $400-$600k market […]
February 19, 2012
10 Tips for Buyers in Multiple Offer Situations The swift activity in the under $500k market has brought back the multiple offers so commonly seen prior to 2007. I had my fair share of them in 2011 with buyers. While some buyers prefer to stay far away from multiple […]
January 19, 2012
2011 Year End Review As real estate agents we entered last year full of optimism and hope that 2011 would usher in numbers far different from what we saw in 2010. But, by the second quarter we realized there were not going to be any major positive shifts in our […]
December 22, 2011
FHA Loan Limits Back Up Nov. 18, 2011-Dec 31, 2012 This December HUD confirmed that the 2012 FHA Mortgage Limits have been restored to the higher temporary loan limits effective November 18, 2011 through December 31, 2012. On October 1st, the loan limits had rolled back to regular numbers, which […]
December 21, 2011
New Waterfront Homes on Lynwood Center Road The national news is reporting good news in regards to housing starts. Housing starts and new permits jumped to a 1 1/2 year high in November, the highest level since April of last year. While good news on the nation level is indeed […]
November 16, 2011
Who Are My Buyers? I am well aware that although my website has a lot of information about Bainbridge, it also has a lot of information about me – blah, blah, blah . . . I think my life is pretty darn normal, but I hope it gives you the […]
November 4, 2011
3rd Quarter Review: A Bifurcated Market In the third quarter, we saw more of the same trends that have been in place since the start of the year. There continues to be a divide between our two primary markets and the line between them is neatly drawn at the $600,000 mark. Properties […]