Is finally over, the waiting that is or should I say, is finally here. I'm talking about the Lexington Estates new real estate development. It has been a while (almost a year) since the first announcement came out about this new housing development in the Lexington area, since then quit a few people have ask some question like how far along the project is? How long before they will be available for viewing? What are they going to be like? Well, the first few homes are already done and ready, beginning tomorrow February 9, 2008 they will be open for public viewing every weekend and beginning on April first they'll be open daily. So, if you are one of those people interested on one of these homes the chance to see what they are like is here. Come and visit Saturday or Sunday from 12:00 - 4:00.
If for any reason you haven't heard about this and have no clue about what I'm talking about, visit my post The New Development Lexington Estates - Kelso Washington where you can learn more about this. For any other questions e-mail me or give me a call.
Directions - I-5 from N or S to Exit 42 across new bridge, Right on Westside Hwy, Left on Rainbow Way, Left on Penny Lane.
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Generally December and January are the slowest months for the Cowlitz County real estate market and this year is not the exception. The following is a market review of single family homes in all Cowlitz County. There are 712 active listings, 38 listings are pending and only 30 homes were sold on January. There is currently about 9 months of estimated inventory of homes for sale. The lowest price is $49,900 and the highest is $1,600,000.
The most competitive and slower moving price range is $250,000 - $299,999, in this price range there are 119 active listings, 4 pending, 3 contingent and 0 listings sold in January in this price range. The most active price rage for January is $200,000 - $249,999, seven listings went pending and seven were sold.
For most people change is hard to accept especially if is not on ones favorite. A negative change is a fact that current real estate sellers are facing in most part of the nation. For the most part (talking real estate here) Cowlitz County seems to be on its on little world hardly falling into the national trends but this time local sellers are starting to face the harsh reality of today's challenging market. But even though the local market has slowed tremendously, there is a huge inventory and homes are taking longer to sell but prices are holding at the same level of last year.
The meltdown of the sub-prime lending market is in big part to blame for the current slow real estate market activity that we are experiencing these days. The end results of the so call sub-prime lending market and its meltdown has left many home owners struggling to hold on to their homes and many cases had lost them (that is why we are seeing many more foreclosures than previous years), the lending guidelines have tightening up and had left hardly any buyer able to qualify for a loan to buy a home.
The conclusion is that having hardly any qualified buyers to buy and many home owners affected by the meltdown, getting into financial hardships and are now having to sale their homes the real estate inventory has increase tremendously, homes are taking way longer to sell and serious price reductions have been the order of the day recently.
If you are currently a home owner facing this situation, know of someone who is or just like to know what options are out there for people facing this problem feel free contact me to see what options are out there.
The following is an over view of the current Cowlitz County real estate market. Well, as much as I don't want it to be true, with more price reductions almost everyday, than new and sold listings, longer time on the market, without a doubt the last six months the local market has shown that we are going from stable market to a declining market.
As of today, first week of January of 2008, there is over eleven months of inventory of available homes for sale, compared to five moths of inventory at the beginning of 2007. There are currently 42 homes pending compared to over 100 at the same time last year and only 183 have been sold in the last three months compared to 241 last year at about the same time.
For more information on the Cowlitz real estate market or real estate in general feel free to e-mail me or give me a call.
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Whether buying or selling real estate in the Cowlitz County communities of Longview, Kelso, Woodland, Kalama, Castle Rock, Toutle, Silver Lake and Rose Valley, I am here to help. Speak fluent Spanish.
Venancio Gonzalez was born and raised in Durango, Mexico about twelve hours south of El Paso. Venancio migrate to the states in his mid teens, moving to Longview Washington in the early 80s where he has made it his home for the last 26 years. Since he can remember his passion has been learning which drove him to go to school to learn English, get his GED, attend college and eventually to get his real estate license all while working full time job.
Venancio is a family man dedicated to his family and real estate, his is married to his beautiful wife Martha and they have three kids Alan, Leslie and Edgar which keep them busy playing sports year round. He enjoys playing soccer, basketball, jogging (with the family dog), and ride bikes with the kids and is the #1 fan of both the men and women of the Mexican and U.S. National Soccer Teams and the Portland Trail Blazers.
Some other of Venancio's passions are reading, writing, learning about technology and marketing, this has help him stay up to date with the changes in real estate and committed to meeting his clients needs. He considers himself as one of the Top Technology Real Estate Professionals in Cowlitz County with the best real estate marketing program for local sellers and buyers four different ways to find their dream home, search by price range or neighborhood, do your own custom search, sign up to get homes to your e-mail as soon as they come on the market or contact me to get a list of homes that meet your criteria.
Venancio Gonzalez brings over 5 years of real estate experience helping buyers and sellers. He service all Cowlitz County Communities including Ariel, Castle Rock, Cougar, Kalama, Kelso, Longview, Ryderwood, Rose Valley, Silver Lake, Toutle, Vader, Woodland. He specialized in residential real estate single family homes, multi-family (up to 4 units), condominiums, vacant land and helping people relocate to the Cowlitz County area. He has extensive knowledge of and offers information about the local communities, neighborhoods and real estate market. Contact him for an interview at any time with no obligations.
Why should you consider Venancio Gonzalez to be your Cowlitz County real estate agent, because he provides all his clients the kind of service he wants to receive from other professionals. As a client, he likes to be treated with respect in a friendly, knowledgeable and professional manner, he prefers someone who understand his needs and take the time to inform, listen guide him through the process and respond to his need in a timely manner (this one is very important to him). All of the above is what he brings to the table because he treats others as he like to be treated but don't take his word for it, read what some of his client and colleagues say about him:
