Heather Adkinson Moses Lake Real Estate Agent

Moses Lake Real Estate

Total Active Residential Listings of of 10-16-09............................346

Currently in Pending & Pending Inspection...................................84 with an average listing price of $193,807 @ 114 days on market

In the last 6 months 159 residential properties have sold with an average sale price of $190,894 @ 142 days on the market.

Month of September & October

We got 77 new listings since the beginning of September

We have 56 homes in Pending & Pending Inspection since the beginning of September

Of those 36 homes have sold since the beginning of September.

We have in the past 2 weeks seen a small slow-down in the market with a marked absence of pendings and new listings. As we go into the Holiday season people are going to want to hold off wanting to do a big move before Thanksgiving and Christmas sneak up on us.

There will be a rush of closings at the end of November that we hope the Title companies can accommodate in time for the First-time Home Buyers Credit.

If you are looking to Buy or Sell Real Estate in Grant County I would love to Help!

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Don't forget to enjoy the arts that are available around Moses Lake Including:

In searching and trying to find what the topic "du jour" is today it has become glaringly obvious that it is the home buyer tax credit. There are a couple things that I think about the credit and believe me everything I write here is strictly opinion and nothing else.

1. I don't know if the tax credit is going to help us, is it a band-aid for a solution that is much bigger then we can wrap our heads around? With that said I am leaving it open for further evaluation.
2. I have only had 2 clients that have used the credit and it was something they were thankful for.
3. I think we are going to have a heck of a lot of pissed off clients if they extend and add to that credit.

I see all these drawn out blogs explaining the tax credit until they must be raw at the fingertips when really it is quite simple:

• Applies to purchases that close after April 8, 2008, and before Dec. 1, 2009.
• Applies only to homes used as a taxpayer's principal residence.
• Reduces a taxpayer's tax bill or increases his or her refund, dollar for dollar.
• Is fully refundable, meaning the credit will be paid out to eligible taxpayers, even if they owe no tax or the credit is more than the tax owed.

To apply for the credit fill out form 5405 . A couple other things to be aware of taken directly from the irs website:

For home purchased in 2009, the credit does not have to be paid back unless the home ceases to be the taxpayer's main residence within a three-year period following the purchase.

First-time homebuyers who purchase a home in 2009 can claim the credit on either a 2008 tax return, due April 15, 2009, or a 2009 tax return, due April 15, 2010. The credit may not be claimed before the closing date. But, if the closing occurs after April 15, 2009, a taxpayer can still claim it on a 2008 tax return by requesting an extension of time to file or by filing an amended return.

So don't forget when you're filing your taxes for the next year to apply for the credit if you have the chance.

Well if you were around at all this weekend you felt the same weather I did. It was freezing, literally! In one of my divisions I had over 6 people whose irrigation pipes burst over the weekend. I just wanted to put a reminder out to everyone to make sure you winterize your irrigation systems and pools. Also make sure you wrap any metal water pipes that are open to the outside. If you don't you could have a problem like we had this weekend.

For more information on winterizing your system click here

Make sure you're prepared for the cold!

Moses Lake, WA is home to one of the largest airports in the United States. We were formerly home to the Larson Air Force base before it closed down, which has an incredible history in itself. In 1959 we were home to a three missile launching facility for the ballistic missile program. In 1966 the base was closed down and primarily began to be used for public air traffic. This also lead to the area of town that we term "base housing."

Moses Lake, WA international airport has over 4700 acres and covers five runways for public use. The main runway is 13,500 x 200 feet wide and we have also become an alternate landing site for the NASA space shuttle in case of bad weather conditions elsewhere. Currenlty the airport is being used for training for the U.S. military, Japan Airlines, the Boeing Company and many other air carriers from around the world.

Moses Lake, WA has just recently gotten air service back between Seattle and Moses Lake, we as a community had to pitch in and make that happen. With all the new industries coming to town and the need for corporate travel we hope it will be here to stay!