WOW! 653 Clark County Listings under $200k

As real estate agents in today's market, we keep hearing ‘Have we hit the bottom yet?' The truth is that it will likely be months after we hit bottom before we realize that it actually happened and, by then, prices will be on the rise again.

So is now a good time to buy? For many, the answer will be ‘yes'.

Interest rates are still at near historic lows ... and the selection of homes is incredible. Just this morning, our RMLS data indicated that there are 4,693 properties available in the Vancouver WA / Clark County area. Of those:

• 1,545 (nearly a third) were priced at/below $250,000
• 1,053 (more than 22%) were priced at/below $225,000
• 653 (nearly 14%) were priced at/below $200,000

Of the 653 properties priced at/below $200,000, 283 were detached (single family) homes. Of the 283 detached homes, 96 are priced at/below $175,000 and 24 are prices at/below $150,000. 3 of the properties are actually priced under $100,000!

Of the 24 homes priced at/below $150,000, 1 is bank-owned, 1 is a trustee sale, and 7 are being marketed as short sales. However, 11 of the homes appear to be standard sales of pre-owned home, 3 are brand new homes under construction, and 1 is a vacation property at Lake Merwin Campers Hideaway.

Square footage of the homes priced at/below $150,000 are being reported as low as 640 sq ft (new construction in Battle Ground) and as high as 3,168 sq ft (a former church in Amboy).

Are you looking for a rental or investment property? Are you or someone you know getting married, recently engaged or maybe just running out of room in their current apartment? There are some well-priced homes out there and we'd love to help you find one that works for you.

Patty & Scott Carroll - RE/MAX Equity Group, Vancouver WA