Rich Jacobson Your Kitsap County WA Real Estate Agent

Here is the real estate market report for NWMLS Area 145 - Seabeck WA - as of May 5, 2009.

Current Active Listings: 90

Sold in Past 6 months: 39

Average Sales Price: $ 267,204

Average List Price: $ 287,080

Ratio of LP vs. SP: 93%

Days on Market: 142

Pending this week: 3

The market indicators here in Kitsap County WA seem to be showing a welcomed improvement in overall activity and sales. Part of this can be attributed to normal seasonal changes/dynamics, but there is clearly a notable increase of Buyer activity taking advantage of low rates and home price reductions.

Olympic View Marina projects hits temporary snag

The long anticipated Olympic View Marina project hit yet another temporary setback recently when the proposed lender pulled the plug on their financing. This action, by no means, bears any negative reflection on the viability of the project or the solvency of the LLC partners. Many banks and lending institutions have been suffering from the recent economic downturn and mortgage crisis, and are greatly curtailing or eliminating funding, especially for commercial construction projects.

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Rich Jacobson is a licensed real estate professional providing empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, and Crabbing in the Hood.

Here is the real estate market report for NWMLS Area 166 - Poulsbo WA - as of May 5, 2009.

Current Active Listings: 149

Sold in Past 6 months: 56

Average Sales Price: $343,698

Average List Price: $357,907

Ratio of LP vs. SP: 96%

Days on Market: 98

Pending this week: 11

The market indicators here in Kitsap County WA seem to be showing a welcomed improvement in overall activity and sales. Part of this can be attributed to normal seasonal changes/dynamics, but there is clearly a notable increase of Buyer activity taking advantage of low rates and home price reductions.

SR 104 - Hood Canal Bridge 2009 Closure

The Hood Canal Bridge is currently closed for six weeks (beginning May 1st) to allow work crews to replace the east half of the bridge and the east/west trusses. For full details, access the WSDOT website.

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Rich Jacobson is a licensed real estate professional providing empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, and Crabbing in the Hood.

Here is the real estate market report for NWMLS Area 147 - Silverdale WA - as of May 5, 2009.

Current Active Listings: 82

Sold in Past 6 months: 54

Average Sales Price: $ 266,713

Average List Price: $ 277,814

Ratio of LP vs. SP: 96%

Days on Market: 106

Pending this week: 10

The market indicators here in Kitsap County WA seem to be showing a welcomed improvement in overall activity and sales. Part of this can be attributed to normal seasonal changes/dynamics, but there is clearly a notable increase of Buyer activity taking advantage of low rates and home price reductions.

from the Kitsap County WA website:

Anderson Hill Road Widening and Channelization Project
(at the intersection of Apex Road))
Work begins Monday, May 4, and is anticipated to be complete by the end of June 2009.This project consists of widening to accommodate (2) 12-foot lanes, (1) 12-foot left-turn lane, (2) 4-foot paved shoulders and associated drainage improvements on Anderson Hill Road. A contract was awarded to Primo Construction from Sequim, Washington, on April 27, 2009.
Click here for more information

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Rich Jacobson is a licensed real estate professional providing empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, and Crabbing in the Hood.

This is the 3rd and final installment in a series entitled “The Art of Offering Less” and deals with the unique nuances associated with tendering an offer that is lower than the asking price.

In the 1st article we discussed the market dynamics that tend to encourage or breed low offers.

In the 2nd article, we shared various strategies for Buyers to achieve success with low offers.

In this final part, we’ll talk about the risks that are inherent with making low offers.

To read the rest of this article, simply click through to SOUNDBITEBLOG. (Opens in a separate window for your viewing ease)

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Rich Jacobson is a licensed real estate professional providing knowledgeable empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, and Crabbing in the Hood.

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This photo was taken just down the road from my stunning view property listing at 3072 NE DeWatto Road in Tahuya WA.

Rich Jacobson is a licensed real estate professional providing empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, and Crabbing in the Hood.