As a first time home buyer $8,000 can be a lot of money. Depending on your location and what the typical first time home buyer is in your area $8,000 can be a HUGE incentive or one that just barely makes a dent in any type of scenario.
I don't sell in California and in fact I don't sell in Seattle where the prices for first time home buyers is considerably more than what a first time home buyer can purchase here in Kitsap County. It is true that with the real estate correction over the last 3 years we do have homes in the area that are in the low $100,000 range.
Our income levels are lower here and so the first time home buyer here was being helped tremendously with the $8,000 tax credit. We have a large percentage of military personnel and a large percentage of military personnel marry younger and start families younger. This sometimes has impacted their buying power. They have steady, good paying jobs with benefits but might have over the last several years incurred some debt that can be washed out with this incentive.
So what does this new "expansion" to the extended tax credit mean to local Kitsap County home sellers or "step-up" buyers? You know what cost are associated with selling your home. Check out this post I wrote a couple weeks ago to refresh your memory.
Your $6,500 tax credit could help you with the following charges when you sell your home
This new incentive just might be what you are looking for to help you to that next dream home. Remember how fun it was to be a first time home buyer? Well, I can tell you that to make a move up is just as fun and almost more exciting because your possibilities are usually more. The move-up home is usually one that enables you to have the items that you only could dream about in your first home.
If you have any questions on selling your home in this market just give me a call, or send an email, or text me with your questions!
I am sure lots of area home-buyers have thought this was approved a couple of weeks ago, however the President just signed the Bill this afternoon. The original 1st time home-buyer credit was extended and there was a new provision inserted to allow for higher income and for home-buyers who would like to be move-up buyers to receive a credit of $6,500 with certain restrictions. This next week I will be posting more in-depth about this bill but wanted to give an update and some quick facts.
There are several news articles you can read for more information
Silverdale WA Real Estate | October Homes Sold | Homes Sold in Silverdale WA 2009
During the month of October there were 10 homes that sold in Silverdale. These Silverdale homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I's were dotted and the T's crossed there where deeds recorded at the Kitsap County courthouse that transferred the property into the new home owner's name!
If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Silverdale Washington.
Let's look at those 10 Silverdale homes that sold in September -
Average List Price
Average Sold Price
The average sq ft of these Silverdale homes was 2173 sq ft. These homes spent an average of 156 days on the market (DOM). DOM longer than previous month.
The list to sale ratio for these homes was 98.49 percent. What that meas is that buyers offered 98.49% of what the seller requested.
Not a bad time to purchase a home in Silverdale, Washington. In fact it is a great time if you are a 1st time home buyer and qualify for the $8,000 tax credit - CREDIT! NOT loan!
Over the next couple of days we should know if the $8,000 tax credit will be extented and if it will include other buyers. Check out the information and bookmark so once I can post the information you will get it quick.
Read the information I have written about the program here
Check out some of Kitsap County Real Estate Market Data here - Kitsap County Real Estate Market Data FYI
What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market - everyone can feel more comfortable and real estate transactions are not as stressful.
If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.
If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.
Silverdale Real Estate 2009 Market Reports
Similar Posts
“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed"
Rhonda Porter over on Facebook published the link to the CBS MoneyWatch.com site so I thought I would share the news. Of course we still need President Obama to sign the extension so contracts pending in escrow still need to be processed with the November 30th deadline until he signs it this week. This should take some pressure off a couple of escrows I have that are set to close by November 30th. With all of the days the county is closed and the Thanksgiving Holiday, November closings were getting a little stressful.
During the month of October there were 68 homes that sold in Port Orchard. This is 8 more homes than in September. These Port Orchard homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I's were dotted and the T's crossed there where deeds recorded at the Kitsap County courthouse that transferred the property into the new home owner's name!
If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Port Orchard Washington.
Let's look at those 68 Port Orchard homes -
Average List Price
Average Sold Price
The average sq ft of these 68 Port Orchard homes was 1921 sq ft. These homes spent an average of138 days on the market (DOM).
The list to sale ratio for these homes was 97.95 percent. What that meas is that buyers offered 97.95% of what the seller requested.
Not a bad time to purchase a home in Port Orchard, Washington. The market is still under correction and there are several homes listed under $200,000. Over the next couple of days we should know if the $8,000 tax credit will be extented and if it will include other buyers. Check out the information and bookmark so once I can post the information you will get it quick. In fact it is a great time if you are a 1st time home buyer and qualify for the $8,000 tax credit - CREDIT! NOT loan! Read the information I have written about the program here
Check out some of Kitsap County Real Estate Market Data here - Kitsap County Real Estate Market Data FYI
What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market - everyone can feel more comfortable and real estate transactions are not as stressful.
If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.
If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.
Port Orchard Real Estate 2009 Market Reports
Similar Posts
“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed
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Kitsap County | Bremerton | Silverdale | Port Orchard | Poulsbo Real Estate Sales. Old fashioned personal service that includes the technology of today! Proudly serving the Naval Base Kitsap Area.
Skyline Properties, Inc.
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Bremerton WA Real Estate | Silverdale WA Real Estate | Kitsap County Port Orchard WA Real Estate | Poulsbo WA Real Estate
Proudly Serving | Naval Base Kitsap | Bremerton | Bangor | Keyport |
Puget Sound Naval Shipyard (PSNS & IMF)
Jo Soss | Washington Real Estate License # 42510 | Skyline Properties, Inc.
You need to be in a home. You need to have the stability and the financial security. The time is now! I was born in the State of Washington and except for a short stay in Groton, Ct and 29 Palms, California during the years of 2003-2006 I have lived here my entire life. In 2002 I choose to relocate to the soon to be revitalized City of Bremerton. Beginning in 2001 The City of Bremerton began a huge revitalization plan. The City of Bremerton still holds that "small town" feel with all the closeness of the ever fun and happening Seattle. Bremerton is where I met my husband who is a United States Navy sailor and where we have planned to retire once he completes his 20 year Navy military career. In 2006 while my husband was serving his second tour in Iraq I returned to the area and purchased a home with anticipation of new duty orders. Because I missed selling real estate in Washington immensly we decided that no matter what the Navy told us I was going to live back in Bremerton, Washington. As the plan would unfold my husband received orders to another Marine Corps unit located in Anchorage, Alaska on Elmendorf Air Force Base. Our motto is ACCELERATE YOUR LIVE Being the proud spouse of US Navy Sailor (HMC (FMF/SW/AW) you can believe that I know the demands of a Military Permanent Change of Duty Station (PCS). I have the T-shirt to prove it. I am familiar with what needs to be done to schedule a cross country move or one that is only a few blocks down the street. I have moved cross country several times in the last few years, so I know the importance of the internet for those that need to relocate on a tight schedule. I have sold homes to clients via the internet with only photos and videos. I am proud to serve the Naval Base Kitsap area which includes Bremerton, Bangor, Keyport and Puget Sound Naval Shipyard (PSNS & IMF). Please click the links for a list of all my blog articles about military relocation to the area we call Naval Base Kitsap. Yes, I do offer a Military Discount. Check these links for my Miliatry Buyer Rebate and my Military Seller Discount. Bremerton WA Real Estate | Silverdale WA Real Estate | Kitsap County Proudly Serving | Naval Base Kitsap | Bremerton | Bangor | Keyport | Puget Sound Naval Shipyard (PSNS & IMF) I began my real estate career in 1994. I soon found out that I loved selling real estate and that I was really good at it! Lots of people sell real estate, but not everyone is good at it. I bring to my clients the commitment to work hard and have fun. The role of a real estate salesperson is to guide you through the buying or selling process, taking the time to make sure you understand every step of the transaction. I am absolutely committed to fulfilling your needs with the highest level of professionalism, expertise and service. My commitment to your satisfaction is the foundation from which a solid business relationship is built. I realize that people do business with people they trust. I am interested in what is best for you, the client, and am committed to establishing a long-term relationship based on trust. I pride myself on being knowledgeable and staying current with changes in the industry that will affect the success of your transaction. You have worked hard to be able to purchase the home of your dreams. I feel the responsibility to make those dreams a reality and pursue the right solution enthusiastically. Enthusiasm working for you! Helping people make one of their most important decisions is a serious responsibility, but something that I enjoy doing. This enthusiasm and hard work will benefit you and help reduce the stress and anxiety often associated with real estate transactions. Established Credibility! I have many years of experience and knowledge working in this industry. I have been a licensed real estate salesperson since 1994. I can say with confidence that I'll get the job done right. Customer Service Expert! My pledge to you is to be honest, thorough, and professional. I treat every client with dignity and respect, because that is what I would expect. I promise to provide you with the best possible service in whatever your needs may be. Communication Is The Key!! Buying or selling, you need a real estate salesperon that will listen to you, respond, and help you reach your goal. I pride myself on being a "down-to-earth" type of person - no fancy words you won't understand. I'm informed and up-to-date on current market trends. Call me today for old fashioned personal service that includes technology of today! Free Buyer's Report | Free Seller's Report | Free Market Analysis Presentation: Traditionally, the selling agent's role in a real estate transaction has been to represent the seller. This meant the selling agent owed a fiduciary duty to the seller, not to the buyer! It is possible, however, for the buyer to have representation whereby the selling agent would owe the fiduciary duty to the buyer. Ask me to assist you in making this decision by providing you with the Skyline Properties Buyer's Guide to Agency Representation.
I am a member of the Northwest Multiple Listing Association. This gives me access to information on all the properties offered for sale in the Puget Sound area. I will ensure that you will see all homes in which you are interested, regardless of who has listed the property.
Viewing Properties: Communicate clearly to me your requirements for a new home; I will preview properties for you, selecting only those that fulfill your specific needs. If you see a home in an advertisement, newspaper, magazine, TV or internet - or drive by a home you like, call me for information. I can obtain all the information quickly and accurately from the listing broker without subjecting you to "strong arm" sales techniques you might be subjected to if you tried to obtain that information yourself. If you decide to attend an open house held by another Real Estate professional, all you have to do is hand them one of my business cards I have provided you and explain you are working with another real estate professional. This will avoid potentially uncomfortable or confusing circumstances.
It's also a good idea to take a Buyer's Check List (included in this package) with you while you are viewing properties. In some cases, you may view so many properties that it becomes difficult to remember the pros and cons of each one. This list, along with additional information provided by myself can help you analyze which properties more specifically meet your criteria!
Financing: Before, or shortly after you begin touring prospective properties, you should be Pre-Approved or Pre-Qualified for a mortgage loan. This will help you and myself when negotiating, and it could possibly make the difference of getting your offer accepted over others! Many mortgage loan companies will offer you Pre-Approval or Pre-Qualifications over the phone, via e-mail and by appointment. I can also recommend a mortgage loan officer or assist you in locating one! This also saves you the time and effort of looking at homes outside of your price range. It is important to note the difference between Pre-Approval and Pre-Qualification. Pre-Approval is an actual mortgage loan approval based upon your credit report, income and assets. A Pre-Qualification is an educated estimate of what you would qualify for based upon non-verified information supplied by you. If at all possible, a Pre-Approval is the better way to go!
Making an Offer: I will prepare your purchase and sales agreement offer with you and will guide you through the essential details of the binding contract. You will be asked to give a check for "Earnest Money Deposit" at the time the offer is prepared, so be sure to have your checkbook with you. I will assist you throughout the entire offer and acceptance process.
Closing: The closing agent (usually an escrow company) will prepare the necessary legal documents, including the deed, and call you for an appointment to sign your closing papers. When they call you for this appointment, they should tell you the exact amount you need to bring with you. As a general rule, personal checks are not accepted at closing, so be sure to bring a cashier's check. Once you have signed your closing papers, deposited your funds and the deed is recorded in your name, I can give you the keys to your new home!
It's About You, Your Family, Your Dreams.
Make Your Move - Live Your Real Estate Dream Today!
OLD FASHIONED SERVICE WITH THE TECHNOLOGY OF TODAY
Are you aware of the advanced marketing trends of the new technology age of Real Estate? As a member of the Baby Boomer Generation (1943-1964) I have lived a life of change. We are after all the generation that started it all! Boomers are associated with expressing individual freedom, the civil rights movement, gay rights, handicapped rights, right to privacy and the important feminist cause of the 1970's. I don't call that slacking and I don't call it out of the loop. Those movements taught us how change was good, how it could improve our lives and how it would lead to great things.
If I was one year younger I could be considered a member of Generation X. Generation X (1960-1979) is the most tech friendly of all the generations so far. This generation has driven the majority of the Internet's growth. Google, Yahoo, MySpace, Youtube and other tech companies were all founded by people who belong to Generation X.
Finally, we come to Generation Y. Generation Y (1981-1995) or sometimes called the "Net Generation" is the first generation to grow up fully surrounded by a total digital and Internet driven world. They are the ones that keep us on our toes when it comes to all the latest tricks and trends.
As a Real Estate Professional it is imperative to keep abreast of all the latest marketing and sales trends. There are over 15 different free websites just to market a listing on. There are several networking sites to reach out to other Real Estate Professionals to help make a relocation transaction less stressful.
Do you know what these companies do? Are you aware how much information is out there when it comes to buying or selling real estate? You want to make sure you have an agent that knows this information like I do.
Zillow - provides free real estate information including homes for sale, comparable homes, historical sales, home valuation tools and more. ...
Trulia - Use Trulia to find real estate, homes for sale, recently sold properties, local school information and much more. Trulia is a free unbiased real estate...
ActiveRain- ActiveRain real estate network allows real estate agents, mortgage professionals and brokers create a customized profile. ...
Do you know what a BLOG is? From Wikipedia, the free encyclopedia: A blog (a portmanteau of web log) is a website where entries are commonly displayed in reverse chronological order. "Blog" can also be used as a verb, meaning to maintain or add content to a blog. Click on any of these three pictures to be directed to one of my three different blogs. When I list your home it will be displayed on all of these sites along with all of the other free flyer sites - Yes, and even CraigsList. CraigsList flyers seem to show up very quickly on the first page of Google for some awesome exposure.
ANCHORAGE ALASKA
My husband who is in the US Navy is stationed with a Marine Corps unit in Anchorage, AK on Elmendorf Air Force base. I spend a couple weeks here and there. This was my first summer visiting the "Land of the Midnight Sun" - and it truly is just that. It is so wild not having it get dark until 4am and then only a "dusk" type feel until the sun rises again.
These pictures were taken at Chugach State Park. This is the third largest state park in America. 1/2 of a million acres. You can hike, ski, camp and ride snow machines and 4 wheelers. We spent the day on a 4 Wheeler trail. It was about 60 degrees and gorgeous!
Picture 1 - This is my husband on his toy. We rode this thru the park on a trail for 4-wheelers. Was so amazing not to feel like a criminal on a 4-wheeler after spending 3 years in CA with almost no where to ride.
Picture 2 - This is Lake Eklutna. It was amazing how blue it was and so clean. The water in this park looks like it has never been touched. We hiked up to a Glacier but the melt had already started so we had to turn back since we didn't have any rock climbing gear. Next year we are going to rent a canoe and explore this lake. We didn't bring any fishing rods -dang.!! I just leaned to fly-fish and this would have been a great place!
Picture 3 - Was taken at a memorial park in Anchorage. On Sundays people come to fly kites. These are not just ordinary kites; these are kites that if you don't hold them right you could loose fingers. They are huge - like 20 feet across!! I could watch them for hours - but you will never see me flying one!!!
Jo Soss Bremerton WA Real Estate Agent | Jo Soss Bremerton WA Real Estate Agent| Jo Soss Bremerton WA Real Estate Agent
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