Saturday, September 26, 2009

Walla Walla: the New Aruba

Aruba, Boston, Monterey, Orlando, San Antonio... Walla Walla?

That's right, Walla Walla makes the cut as one of Shermans Travel's top 10 easy fall weekend getaways. Start at the beginning and see the whole top 10 here on MSNBC or jump straight to Walla Walla.

Thursday, September 17, 2009

Buyers: Act Before It's Too Late!

What am I talking about? The first time homebuyer tax credit of course. Here's a short video with some of the key details:



Pretty sweet deal, isn't it? If you need more information here's some further reading.

For those in a position to buy this really is a time of great opportunity. If you think you might be ready go ahead and get in touch and find out.

August 2009 Statistics

August 2009 Statistics
August 2009 Charts

Highlights:

*Number of listings is HIGH
*Number of sales is STEADY
*Sales price is STEADY/SLIGHT DECLINE

Analysis:

August was another strong summer month for real estate in the Walla Walla Valley. Our 57 closings (same as July) is one our strongest months in the last two years.

The trend line for sales price has decreased marginally (barely) but is still relatively steady when you flatten out the month-to-month fluctuations.

Inventory remains very high.

Outlook:

While this isn't the glory days of 2002-2007 it's not a bad time to buy or sell a home. In fact, if you're buying, it's a great time to be in the market. With plenty of homes to choose from, low interest rates and special incentives (ie- first time homebuyer tax credit) it's not hard to argue that it really is a great time to be looking for a new home.

For sellers it's all about realistic expectations and patience. Your house will sell if it's properly priced and properly marketed, you just might have to be patient.

If you're looking to either buy or sell and I can be of some assistance please don't hesitate to get in contact.