Earlier this week we logged into the MLS for Vancouver and Ridgefield to obtain a quick snap-shot view of what happened real estate wise within the confines of Ridgefield, in Clark County Washington. Here is what we have to report:
From this quick view we see a 5 more Pending transactions (an increase of 31%); 1 (one) more Sold home; as well as more than one year's supply of inventory (based on Solds) available at the end of the month. This month the 3rd Party + Pre-Foreclosures + Foreclosures combined are about 26.1% of the Active homes listed (25.6% last month), yet they represent about 42.9% of the homes going under contract (42.9% last month).
Key items we are looking for in a market turnaround are not just an increase in the number of transactions but, an increase in the non-PreForeclosure / Foreclosure category. In our opinion we are starting to see a leveling in that ratio overall in Clark County. Ridgefield however, was one of the hardest hit areas for distressed properties (foreclosures and short sales), and is slowling healing.
The Chart Below compares Ridgefield Washington Home Sale Prices and Trends with other nearby Towns: Brush Prairie, Battle Ground and La Center Washington - right now the median home price in Ridgefield is the lowest its been in many years!:
If you are looking to sell your home in Ridgefield, Vancouver or another part of Clark County Washington in this challenging market time please call or e-mail us with the details of your situation and we'll customize a marketing plan to get your Clark County Home Sold!
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Definitions:
1) 3rd Party = the sales contract requires the approval of a third party; and includes Short-Sales, Trust Sales, Relocation Company sales, etc.
2) PreForeclosures = aka Short-Sales are homes where the lending bank(s) agrees to take less, allowing a sales transaction to take place.
3) Foreclosures = aka REO's and Bank Owned Homes, already Foreclosed by the Lender(s).
4) PENDING = listed homes that have been marked as under contract by the listing agent during the past 30 days.
5) SOLD = listed homes that have been marked as closed sales by the listing agent in the past 30 days. Note: some of these sold homes may have been "pending sales" for far more than 30 days!
Disclaimer: this information is drawn using custom search parameters from the predominant MLS system covering Vancouver Washington and is not guaranteed to be accurate.
The above information was provided by John Slocum and Kathryn Alexander, recognized as one of the top teams at REMAX Vancouver WA. We hope you enjoy the information in our posts, including videos on real estate and Living in Vancouver Washington and the rest of Clark County.
Thinking of selling your home in this market? We have the insight and passion for selling homes to get you moving!
For Southwest Washington homes and Real Estate in Vancouver WA visit Vancouver Washington Real Estate. If you have an immediate need to search the MLS for Vancouver WA please visit Vancouver WA Homes For Sale , and Homes For Sale in Ridgefield WA.
If your interest is in foreclosures, pre-foreclosures (short-sale homes) and Bank Owned Homes in Vancouver WA we have a special search set up for you at Bank Owned Homes Vancouver WA.
Current MLS Market Report for Vancouver WA and Clark County
Photos by John Slocum and Kathryn Alexander of REMAX Vancouver WA, of the Autumn Mushrooms in Felida, Vancouver WA 2009. (Note: these mushrooms are not considered edible)
For more information, including videos on real estate and living in Vancouver Washington and the rest of Clark County, please visit:
Real Estate in Vancouver Washington
Homes for Sale in Vancouver WA
Current MLS Market Report for Camas, Vancouver and Clark County
We've logged into the MLS for Vancouver and Camas early this month to obtain a quick snap-shot view of what happened real estate wise within the confines of Camas, in Clark County Washington. Here is what we have to report:
From this quick view we see the number of Pending transactions is down 4 Homes when compared to the number of homes gone Pending in September; as well as a modest 7.9% decrease in the number of total Active listings available at the end of the month (a decrease of 6.5% the month before). This month the 3rd Party + Pre-Forclosures + Foreclosures combined are about 32.7% of the Active homes listed (about 31.4% last month in Camas), yet they represent about 42.2% of the homes going under contract (about 38.8% last month in Camas).
Key items we are looking for in a market turnaround are not just an increase in the number of transactions but, an increase in the non-PreForeclosure / Foreclosure category. In our opinion we are starting to see a leveling in that ratio overall in Clark County.
The Chart Below compares Camas Washington Home Sale Prices and Trends with other nearby Towns: Vancouver WA, Washougal and Portland Oregon. As you can see the average home price in Camas has dropped considerably since late June 2009 (about $50,000).
If you are looking to sell your home in Camas, Vancouver or another part of Clark County Washington in this challenging market time please call or e-mail us with the details of your situation and we'll customize a marketing plan to get your Clark County Home Sold!
-------
Definitions:
1) 3rd Party = the sales contract requires the approval of a third party; and includes Short-Sales, Trust Sales, Relocation Company sales, etc.
2) PreForeclosures = aka Short-Sales are homes where the lending bank(s) agrees to take less, allowing a sales transaction to take place.
3) Foreclosures = aka REO's and Bank Owned Homes, already Foreclosed by the Lender(s).
4) PENDING = listed homes that have been marked as under contract by the listing agent during the past 30 days.
5) SOLD = listed homes that have been marked as closed sales by the listing agent in the past 30 days. Note: some of these sold homes may have been "pending sales" for far more than 30 days!
Disclaimer: this information is drawn using custom search parameters from the predominant MLS system covering Vancouver Washington and is not guaranteed to be accurate.
The above information was provided by John Slocum and Kathryn Alexander, recognized as one of the top teams at REMAX Vancouver WA. We hope you enjoy the information in our posts, including videos on real estate and Living in Vancouver Washington and the rest of Clark County.
Thinking of selling your home in this market? We have the insight and passion for selling homes to get you moving!
For Southwest Washington homes and Real Estate in Vancouver WA visit Vancouver Washington Real Estate. If you have an immediate need to search the MLS for Vancouver WA please visit Vancouver WA Homes For Sale
If your interest is in foreclosures, pre-foreclosures (short-sale homes) and Bank Owned Homes in Vancouver WA we have a special search set up for you at Foreclosures Vancouver WA.
Current MLS Market Report for Vancouver WA and Clark County
Early in November we logged into the MLS for Vancouver and Washougal to obtain a quick snap-shot view of what happened real estate wise within the confines of Washougal, in Clark County Washington. Here is what we have to report:
From this quick view we see one more Pending transaction compared to last month, as well as less than one year's supply of inventory available at the end of the month. This month the 3rd Party + Pre-Foreclosures + Foreclosures combined are about 33.5% of the Active homes listed (35.5% last month), yet they represent about 55.2% of the homes going under contract (53.6% last month).
Key items we are looking for in a market turnaround are not just an increase in the number of transactions but, an increase in the non-PreForeclosure / Foreclosure category. In our opinion we are starting to see a leveling in that ratio overall in Clark County. We also want to be able to see more first-time home buyers purchasing Owne-Occupied homes, and not just Vacant homes, which will tell us the Sellers will themselves be making a home purchase as well.
The Chart Below compares Washougal Washington Home Sale Prices and Trends with other nearby Towns: Camas and Vancouver Washington:
If you are looking to sell your home in Washougal, Vancouver or another part of Clark County Washington in this challenging market time please call or e-mail us with the details of your situation and we'll customize a marketing plan to get your Clark County Home Sold!
-------
Definitions:
1) 3rd Party = the sales contract requires the approval of a third party; and includes Short-Sales, Trust Sales, Relocation Company sales, etc.
2) PreForeclosures = aka Short-Sales are homes where the lending bank(s) agrees to take less, allowing a sales transaction to take place.
3) Foreclosures = aka REO's and Bank Owned Homes, already Foreclosed by the Lender(s).
4) PENDING = listed homes that have been marked as under contract by the listing agent during the past 30 days.
5) SOLD = listed homes that have been marked as closed sales by the listing agent in the past 30 days. Note: some of these sold homes may have been "pending sales" for far more than 30 days!
Disclaimer: this information is drawn using custom search parameters from the predominant MLS system covering Vancouver Washington and is not guaranteed to be accurate.
The above information was provided by John Slocum and Kathryn Alexander, recognized as one of the top teams at REMAX Vancouver WA. We hope you enjoy the information in our posts, including videos on real estate and Living in Vancouver Washington and the rest of Clark County.
Thinking of selling your home in this market? We have the insight and passion for selling homes to get you moving!
For Southwest Washington homes and Real Estate in Vancouver WA visit Vancouver WA Real Estate. If you have an immediate need to search the MLS for Vancouver WA please visit Vancouver WA Homes For Sale , and Homes For Sale in Washougal WA.
If your interest is in foreclosures, pre-foreclosures (short-sale homes) and Bank Owned Homes in Vancouver Washington we have a special search set up for you at Bank Owned Homes Vancouver WA.
Current MLS Market Report for Vancouver WA and Clark County
This morning we logged into the MLS for Vancouver WA to obtain a quick update of what happened real estate wise within the confines of Vancouver, in Clark County Washington. Here is what we have to report:
From this snap-shot view we see a slightly higher number of Pending transactions compared to the number of SOLDS, as well as a decrease in the number of total Active listings available at the end of the month. This month the 3rd Party + Pre-Forclosures + Foreclosures combined are about 32.5% of the Active homes listed (about 31.3% last month), yet they represent about 37.6% of the homes going under contract (about 35.1% last month).
Key items we are looking for in a market turnaround are not just an increase in the number of transactions but, an increase in the non-Pre-Foreclosure / Foreclosure category. In our opinion we have seen little change in the last three months.
The Chart below shows the current trend of home prices for Vancouver WA, compared to other Pacific Northwest cities of Seattle Washington, and Portland Oregon. For home prices to start going up, we will typically first see a meaningful AND sustained increase in the number of homes purchased. Although there have been increases in home buying activity we are not confident that it will be sustained.
If you are looking to sell your home in Vancouver or Clark County Washington in this challenging market time please call or e-mail us with the details of your situation and we'll customize a marketing plan to get your Vancouver Washington Home Sold!
-------
Definitions:
1) 3rd Party = the sales contract requires the approval of a third party; and includes Short-Sales, Trust Sales, Relocation Company sales, etc.
2) Pre-Foreclosures = aka Short-Sales are homes where the lending bank(s) agrees to take less, allowing a sales transaction to take place.
3) Foreclosures = aka REO's and Bank Owned Homes, already Foreclosed by the Lender(s).
4) PENDING = listed homes that have been marked as under contract by the listing agent during the past 30 days.
5) SOLD = listed homes that have been marked as closed sales by the listing agent in the past 30 days. Note: some of these sold homes may have been "pending sales" for far more than 30 days!
Disclaimer: this information is drawn using custom search parameters from the predominant MLS system covering Vancouver Washington and is not guaranteed to be accurate.
The above information was provided by John Slocum and Kathryn Alexander, recognized as one of the top teams at REMAX Vancouver WA. We hope you enjoy the information in our posts, including videos on real estate and Living in Vancouver Washington and the rest of Clark County.
Thinking of selling your home in this market? We have the insight and passion for selling homes to get you moving!
For Southwest Washington homes and Real Estate in Vancouver WA visit Vancouver Washington Real Estate. If you have an immediate need to search the MLS for Vancouver WA please visit Vancouver WA Homes For Sale
If your interest is in foreclosures, pre-foreclosures (short-sale homes) and Bank Owned Homes in Vancouver Washington we have a special search set up for you at Bank Owned Homes Vancouver WA.
Current MLS Market Report for Vancouver WA and Clark County
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When You are buying or selling property in Vancouver Washington or Camas, our skills, tools and resources give you the expert edge to make a wise and "Problem Solved" real estate transaction.
Your ability to own real estate is one of the distinctive elements of the American Dream that sets the United States apart from most other nations in the world. The additional features enhancing your real estate ownership experience include the ability to freely purchase and sell your home or property; and to finance the purchase of a primary home.
Vancouver Washington, Camas and the greater Clark County area is one of the fastest growing in Washington State and the Pacific Northwest for many good reasons. We have an excellent climate, combined with strong economic (good jobs and low taxes, including NO State Income Tax) and educational infrastructures. Topping that off: we have some of the Best real estate home values on the entire West Coast!
Working with our REMAX Team ensures you are working with experts in every phase of your real estate transaction, even after Closing; for we've found there are at least 88 things that can often go wrong with a real estate transaction. Knowing you have expert resources at your command to fix the problem will save you time, money and be much better for your nerves!
A Little about us:
John Slocum is a life-long resident of Washington State, and hails from Vancouver. Academic credentials include a BA in Economics/Mathematics from the College of Business and Economics, Western Washington University; along with extensive training in Business, Marketing and Technology throughout his career. John is the technology manager for the team, with a specialty in customized webpages and HTML for Craigslist and other on-line advertising.
Kathryn Alexander is a 20+ year resident of Vancouver Washington, and the better-half of the Team. Kathryn has extensive training and experience in customer service tools and systems to ensure our Team delivers a high-level of service to all our clients.
Both Kathryn and John are camera-buffs, and take all our own photos for our clients. We are also experts at creating Video virtual tours. We know that well-written descriptions can attract buyer interest, and when combined with consistenly good and informative photos, each client's home will be shown in the best light to prospective Internet Home Shoppers.
Kathryn and John are also outstanding negotiators, bringing a wide-variety of negotiating experiences into our skill set. We know that more equity is won or lost at the negotiating table than at any other time during a property's listing period. We ensure our clients have the best leverage possible during any transaction.
Our Team also knows that 80%+ of the current Home Shoppers use the Internet to find their next home. Interview with us, and learn how our website, ClarkCountyExpert.com, achieves tens-of-thousands of views every week! The Internet tools we use ensure your home will be sold quickly for top dollar!
Map to Alexander ~ Slocum Team & ClarkCountyExpert.com RE/MAX Vancouver WA Real Estate
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