Charlie Arthur, CCIM

I woke up this morning determined to be optimistic and positive. No more negativity. The sun is shining here in Port Townsend Washington. The temparature is around 60 degrees. The real estate prices are great for buyers. There are more choices than ever before. The olympic mountains are huge and beautiful to the west and the cascades sit magjestically along the eastern horizon. The water sparkles wonderfully and the sailboats race in the bay. What a wonderful place to live.

I must say that January and February have turned out to be very, very good. Our office has closed 23 transactions which is 17.42% of the Jefferson County NWMLS activity. The market is picking up nicely. Average days on the market for the inventory that has sold is 193 days. Not great, but our office is already ahead of last years production during this same time period. We are very, very optimistic. This is an incredible time to buy.

Port Townsend is located on the Olympic Peninsula, nestled in a rain shadow created by the Olympic Mountain range. This small Victorian Seaport sits upon its own little peninsula called the Quimper Peninsula. Needless to say, there is water on 3 sides. The real estate market here is beginning to heat up again. Port Ludlow to the south about 15 miles is a little slower, but there are DEALS galore down there. Awesome retirement communities.

The deals are happening! Don't believe the media. The interest rates are still LOW, LOW, LOW! Inventory is huge. If people aren't buying right now they are going to totally regret it. We are at a point in real estate history when the deals are hard to pass up. Low rates, large supply. Off the Fence, it is time to buy! Port townsend is a Victorian Seaport located on the Olympic Peninsula and sitting on another peninsula called the Quimper peninsula, in other words...water, water everywhere. If you haven't been to Port Townsend, you MUST visit. Views of the Cascades, Olympic mountains, stunning.

Port Townsend, Washington located in Jefferson county is experiencing a serious problem with the ferry system. We normally have 2 boats that hold upwards of 60+ cars. No we only have 1 ferry on loan(thank you to Pierce County) and this cute little ferry can only hold 50 cars. Our retailers and food establishments down town are experiencing a little turn-down in their economy right now. Anyone with pull at the state level should let the powers that be know, we need 2 ferrys that hold a decent amount of cars. I have hope that in a couple of years we will have 2 larger ferries plying the waters, plus a passenger ferry service to Seattle. Cross your fingers.