In the Pink If you pay attention to the real estate market here on the island, you should certainly have a sense that it is a seller’s market. The low supply and high demand is doing its job to tick prices upward. However, a glance at this map below gives you a […]
Our Bainbridge Island Real Estate Market has seen impressive price increases in 2015. Now, as we look ahead to next year, we are all wondering what 2016 will look like. Will prices continue to go up? Will interest rates go up and slow down price increases? Click here to read […]
A Numbers Game This year’s third quarter provides a great illustration of individual market forces, but what you see on the surface does not necessarily provide the whole story. So let’s look behind the scenes at what’s going on. At the end of June when we closed out the second quarter, […]
A Wild Ride We hope everyone has been holding on, because the past six months have been some of our wildest ever. Our inventory levels have continued to hover at around half of what is considered normal, so the year started slowly because buyers wanted more choices. In January and […]
Renting Can Make Sense There are a lot of smart, pragmatic reasons for renting a home when you are new to a city. It can be helpful to get the lay of the land, learn the neighborhoods, settle in a bit. Wait to find the perfect house to buy. But, […]
How the market looks on Bainbridge Island today: 54 Active or Contingent Residential Listings (versus 248 in 2009) 20 Vacant Homes 0 New Listings 20 Homes Currently Pending 15 Homes sold in April 9 Homes sold this month so far A seller’s market indeed!
Catching Up We actually considered re-posting the 2014 1st Quarter in Review for this issue, because that’s how similar this year’s start has been to last year’s. In truth, though, it would not have been completely accurate because we like to think of 2015 as “2014 Plus.” The year got […]
This year is starting off a lot like last year. LOW INVENTORY. I hope inventory shows up and we have a much more balanced market in 2015. For over a year we have been in a seller’s market. I spent most of last year discussing, strategizing and preparing with my clients. On both […]