Lakeland Village Homes for Sale~Allyn~WA~Market Report For August 2009
Summer is winding down as the kids head back to school and we celebrate Labor Day Weekend! Incredible how fast time has gone by. It hasn't stopped buyers from shopping for homes for sale in LakeLand Village though!
August was quite an active month for showings on Homes for Sale in LakeLand as well as offers that were written and mutually accepted between buyers and sellers.
The amount of inventory of homes for sale in LakeLand Village is now at 27.
There are still many choices and price ranges available. Something for just about every budget!
Looking at the pending sales, buyers realize this market is a GREAT time to take the plunge into home ownership in LakeLand Village or "move up" in the market.
There were a total of 5 pending sales written during the month of August. There is also one contingency sale (a buyer needs to sell their home first in order to purchase a new one) which is something that we have not seen in a fairly long time in LakeLand Village.
The other interesting number to note is the selling to list price ratio for the last two months. It is showing an average of 97.31% which indicates that sellers are not moving too far off their asking price. In previous months that number has been below 95%. This shows us that if you are priced correctly for the market, you are more apt to sell your home closer to your asking price.
This market is all about PRICE,PRICE, PRICE!!
Sold homes for sale in LakeLand Village amounted to (2) for the month of August at an average dollar per square foot of $138.61. An increase from July which was $125.82 per square foot average.
It is also a great time to take advantage of the 1st time Home Buyers Tax Credit available as well as some awesome interest rates on home loans. Time is running out on the credit, so don't wait too long!
For those of you who do not know about LakeLand Village, it is a small residential golf course and lake community nestled above the small town of Allyn, WA (check this LakeLand Link out). Allyn, WA as well as LakeLand Village offers many amenities as does the surrounding area of Southern Puget Sound and Hood Canal.
Previous Month's Market Reports for Homes for Sale and Sold in LakeLand Village, Allyn, WA:
Now is a great time to get the most home for your dollar in LakeLand Village as well as other areas. Or if you are thinking about "moving up" in a home, this is the better time as well.
Whether you are buying or selling a home, don't put your goals off without talking to a local real estate expert with knowledge of homes for sale in LakeLand Village regarding your individual real estate goals.
~~Valerie~~
If you would like more information on buying or selling real estate in LakeLand Village, Allyn & Belfair, just give me a call, drop me a line or stop on in! I Build relationships for life. YOUR SUCCESS IS MY SUCCESS!
~~Valerie~~ Lakeland Village, Belfair & Allyn Real Esate Specialist~~
Windermere Peninsula Properties
My email: vlsallyn@windermere.com
My website: www.valspaulding.mywindermere.com
My blog : www.BelfairWARealEstate.com
Even though there are many Homes For Sale in Belfair, sitting on the Fence can be costly....
(You'd think the buyers that are still on the fence that by now their butts would hurt from those pickets as well!).... And then there are still some that are dangling half off and half on the fence.... wishy washy...want to buy but want it there way or no way. After all it is a buyers market right? That means the buyer has the upper hand and that the buyer can make a low offer and get away with it. They HAVE to give in right? Cuz no one will buy their house if they don't right? Cuz It is a BUYERS market right??? NOT NECESSARILY!
If you are hanging half off and half on the fence, you are going to lose out on one of the best opportunities to purchase a home. Not to mention the $8000 first Time Homebuyers Tax credit if you are eligible.
That's what seems to be happening in the buyers world as of late. Buyers are frustrated because the home they just saw either already has offers on it, the seller won't move too much off their asking price, or the seller will not give you everything you asked for in your offer.
Educating buyers is a very important important part of our job. Some of the real estate markets in the nation are no longer completely buyer markets as the inventory has decreased and buyers have started moving off the fence in certain price ranges. All real estate is local. And within the local area as well, the niche or price rangewill have it's own market as well. Belfair Homes for Sale that are stick built under the $250,000 price range that are in decent condition is becoming scarce.
Multiple Offers in a Buyers Market in Belfair, IS happening and happening alot in certain price ranges. You can't continue to sit on the fence in this market. Belfair homes for sale under $250,000 are moving quickly at close to or at their top dollar asking price.
"Well," you declare to me. "There are other sellers out there that will take my low offer and give me everything I want! It's a Buyers Market right?" Again, NOT NECESSARILY!
Just because it is a buyers market overall does not mean it is a buyers market in your price range or for what you are looking for.
Example: Homes for sale in Belfair, Allyn and the surrounding area that are $250k and under that are stick-built and have just come on the market are scooped up before most "half off the fence -half on the fence" buyers can get their feet on the ground. Because the homes for sale inventory is lowwwww in that price range, as well as the buyers that are out there have seen the SAME HOMES THAT YOU HAVE, the receive offers fairly quick and sometimes multiple offers.
They are waiting for a similar home that you are looking for, but they have both feet planted on the ground and are not "half off - half on the fence."
Naturally when that one home comes on the market - BAM it is going to go with a flurry of activity.Unless you are fully off the fence, prepared and ready to get moving, you will not get the house or th
e opportunity.
Ok- so now you have established that you need to fully come off the fence and get serious. It also means when you do make the offer - you are going to need to put your best foot forward. Otherwise guess what will happen? The guy behind you that has been looking at the same thing, he gets the deal...and you lose out.
If you need help in getting prepared, finding the right home for sale in Belfair- give me a call, drop me a line or stop on by...No reason to be frustrated! If you have the right strategy, mindset and are working with a professional real estate agent who knows how to get the job done, you will accomplish your goal. Know what to expect and you won't be let down.
But you got to get off the fence first!
~~Valerie~~
I'm late! I'm late! I Know I am late!
Monday is the day the I update all of my sellers on what has been happening in the market and their home or property, specifically in the last week. A few of the things I answer are:
Well, today I'm Late! I'm late! I know I am late! Monday's are generally a little more hectic than other days in the office. Seems typical for any office. But today was one of those days where all my best laid plans when right out the window. So much to do, so little time. .... Adapt and Overcome. Adapt and Overcome.
So Mr. and Mrs. Seller or Mr. Seller, or Ms. Seller....my apologies that I am late with your report! The day has been busy with phone calls and questions from buyers and agents- which means that the Belfair and Allyn real estate market is busy, which means your buyer could be right around the corner and it could be your turn next!
I will catch all of my reports up in the next day or two and will try get us all back on schedule next week!
Thanks for your patience and I know - I'm late! I'm Late! I know I'm late!
If it is a Buyers Market, Why are there Multiple offers?
This was the question posed to me today from buyers that I have been working with on finding a home they like within their budget. Their budget is under $200,000.
They were a little frustrated today because just like a student in the education process - sometimes it takes a student a few times making mistakes before they realize the answer; even though the teacher has shown them how to reach the answer.
Each of us has our own way of learning. Some it takes longer and a few trial and errors to get to the solution even with our guidance and education. They need to have THE "AH HA" moment.
They want to know - "There are so many homes on the market under $200,000, so why is it that we keep running into homes that we like and they end up with multiple offers?"
There are MANY homes on the market under $200,000 that is absolutely true. But here's the thing....
You know how you go to the super market and there is an AWESOME sale on corn on the cob and you get there and what's left has all been picked through and rejected??? Then new comes in and buyers rush to get it? That is very similar to what is happening in our BUYERS market.
Everyone is looking for "just the right one." THE SUPPLY in this price range, IS LESS THAN THE DEMAND.
The MAJORITY of the buyers purchasing in this market are purchasing homes for sale that are UNDER $200,000!
Think about it - The majority of the buyers out there are purchasing the homes or looking for a home under $200,000. You are one of them.You are one of many looking for the same thing.
Are you with me so far? So let's go further:
The majority of these homes have been on the market for an extremely long time and fall into one or more of the following categories:
Okay, so lets pretend these homes have been on the market for oh say 180 days already. Picture this - you have looked at or ruled almost all of them - correct? Why? Why? Because of one or more of the reasons above - right? And the good ones have sold -yes?
Well all of the buyers in this range looking for homes for sale are seeing the exact same thing that you have and have rejected them all as well. With me so far?
Okay, so now you have one or maybe two homes (if you are lucky) that pop up on the market (fresh supply) in your price range and look like good deals. You jump right on it and look at them and decide "YES! I want to make an offer!"
What do you think the buyers that have rejected all of the other homes are doing as well?
Here's where the education process we have been going through comes into play. You either go home and sleep on it (purely your prerogative as I warn you it will have offers on it if not today, tomorrow but you do need to make sure it is for you); or you decide to write an offer right then and there (that's the start of how you can acquire this home).
We sit and discuss what you are going to offer. We review how to make a clean offer and the things we can cut out and the things we can't.
Then we get to price. Here you waiver. We have discussed what we are going to need to do price wise. But here, here all of a sudden you turn that one home (which in reality is in HIGH DEMAND-remember all of those other buyers that rejected all those other homes as well) back in your mind into a "buyers market" mindset which I have just shown you no longer exists in your price range....
Go back now to the paragraph about all the buyers having seen and looked at all the same homes you have.....and REJECTED them just like you (or the good ones have sold) and here comes this fresh new well priced home on the market...
What do you think is going to happen? Absolutely CORRECT ! There is going to be more than one buyer elbowing to get this home as well.....hence MULTIPLE OFFERS.
That is why it is important to be prepared, have your ducks in a row and why I have been educating you on being ready to make your stand when the right one comes along.
I don't expect you to buy something that is not for you. But if the right one shows up, you need to act quickly, decisively and not waiver back into the "Buyers market" mindset or you will lose again to either multiple offers, or to a seller who knows they will get their top dollar because of other buyers that are looking at the exact same thing.....
"AH HA!!! You need to come to that "AH HA" moment.....
If you need help or information on the buying process and how to be successful in purchasing a home.... give me a call, drop me a line, or stop on by.... My business and passion is people and homes......
~~Valerie~~
Visit my website for more information about my area and homes for sale in Belfair, Allyn, LakeLand Village as well as Hood Canal and Puget Sound Waterfront Homes.
Hood Canal & Puget Sound Waterfront Homes for Sale~July Wrap Up~
Pristine Waters, Spectacular Views, and lots to do on the Hood Canal! Kayaking, fishing, swimming, and jet skiing are just a few of the many summer activities to be enjoyed on the Hood Canal. Year round activities are un abundance from Owning a home on the Hood Canal has never been more affordable or had as many choices and opportunities as there is now.
For the month end of July 2009, Hood Canal and Puget Sound Waterfront Homes for sale and Sold are in abundance.
South Shore of Hood Canal currently has:
North Shore of Hood Canal currently has:
Southern Puget Sound in Grapeview and Allyn Waterfront homes:
Reviewing the numbers for my Hood Canal and Puget Sound Waterfront clients, it looks as though the Allyn and Grapeview area along the Puget Sound are giving the South Shore and North Shore of Hood Canal a run for their money. Allyn and Grapeview were one of our "best kept secrets" until the last two years where it is has gained notoriety for great waterfront homes for saleand recreational opportunities as well as full-time living.
A quiet leisurely drive will take you along the North Shore of the Belfair area of Hood Canal with many, many choices and prices of homes along with pristine beaches and vistas. A leisurely place with a leisurely pace...
The South Shore of Hood Canal is where people who have heard of "Hood Canal" usually think of... Located along the southern shores of the "hook" of the canal, it is considered a "destination" for summertime fun.
Ready for your own summertime waterfront getaway? Lots of options from the Hood Canal to the southern Puget Sound...
Prices start as low as $225,000 on up to 5.9 million!! 62 homes for sale waiting for you to come by! So you can see there is a price and a home that will fit just about anyone's pocketbook...
If you would like more information on waterfront homes for sale along the South Shore and North Shore of Hood Canal or in the Allyn and Grapeview area along Case Inlet/Lower Puget Sound, give me a call.
~~Valerie~~
Windermere Peninsula Properties
My Blog : www.BelfairWArealestate.com
My Email: VLSallyn@windermere.com
My Phone : 360-710-5622
Valerie Spaulding~Allyn~Belfair~Hood Canal & Mason County~WA~Real Estate~ •
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Specializing in your real estate goals in Allyn~Belfair~Grapeview~Hood Canal & Puget Sound WA Real Estate.Earning your business for a lifelong relationship. Your success is my success.
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