Buying

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Buying Market Insights: March 2023 March 2023 in Stanwood and Camano Island combined inventory has almost doubled from the same time last year, from 38 residential listings last March to 75 at the end of last month. We are still in a Sellers’ Market, with low inventory in both of our zip codes. But, at the same time, buyers have […]
Buying Market Insights: February 2023 February 2023 in Stanwood and Camano Island showed upticks in new listings and pending sales compared to January. Based on the activity, it appears that a degree of balance is returning to the market. New Listings: There were 66 new listings added to inventory last month, 38 in Stanwood and 28 on Camano Island. This […]
Buying Homeownership Terms to Know: Pre-Approval, Pre-Qualification & More Throughout the home buying process, you’ll encounter several checkpoints. At every stop, you’ll get closer to the ultimate goal of purchasing your next home. Each one satisfies unique criteria required to become a homeowner, and each one has its own terminology. Before you begin your home buying journey, it’s helpful to know about pre-approval, pre-qualification, and […]
Buying Market Insights: January 2023 January 2023 in Stanwood and Camano Island ended on an encouraging note with pending sales reaching the highest level since September and surging nearly 26% above December. New Listings: Camano Island had 20 new listings hit the market in January. Stanwood had 15 new listings compared to 21 last January. Overall, 35 new listings were […]
Buying What’s a Home Warranty and Why Do You Need One? To be a homeowner is to understand that things can change at a moment’s notice. It’s only a matter of time before the systems in your home break and your appliances are on the fritz. But this inevitable truth isn’t meant to be all doom and gloom. Fortunately, you can protect yourself against these events […]
Buying Windermere Chief Economist Shares Local Predictions for 2023 Matthew Gardner, Windermere’s Chief Economist, joined us at the Camano Center where he delivered his 2023 forecast for Stanwood and Camano Island. He provided an in-depth look at the local market and highlighted key trends that will impact the area’s housing market over the next few years. His forecast provided essential insight into where Camano […]
Buying House vs. Townhouse vs. Condo Deciding between a house, townhouse, and condominium can be a difficult process. Understanding how the characteristics of each housing type aligns with your life goals and finances will help you work with your agent to identify which housing type is right for you. Renting vs Buying: Which is better for you? How do you define […]
Buying Market Insights | September 2022 September 2022 in Stanwood and Camano Island was like the pre-pandemic September of 2019. We cannot compare today’s housing market with the COVID stimulus market of 2020 – early 2022. Windermere’s Chief Economist, Matthew Gardner has dubbed this period “The Great Reversion”. Sales volume has dipped a little in our area, which is common for […]
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Buying What Is an Adjustable-Rate Mortgage (ARM)? An integral part of the formula to successfully buying a home is securing the correct amount of financing. Once you’ve found the home you’d like to pursue, one of your primary tasks is exploring different loan products to see which best fits your situation. Eventually, you’ll come to a fork in the road where you’ll need […]
Buying Market Insights | August 2022 . August 2022 in Stanwood and Camano Island was an August with market conditions similar to what we experienced in pre-pandemic times. Sales volume has dipped a little in our area, which is common for August, but the average sales price is continuing to hold steady. Many of the homes that are going under contract […]
Buying Fix and Flip Houses We’ve all watched home renovation TV shows at one point or another. You know, the ones where real estate investors buy houses that look like no one would dare live in them and then turn them into jaw-dropping dream homes? In the best-case scenario, investing in those homes actually makes them a profit despite how […]
Buying Making a Contingent Offer: Common Real Estate Contingencies Imagine a home-buying scenario where you make an offer, the seller immediately accepts, and the two of you move through closing without any hiccups until you have keys in hand. It’s possible, but a more likely home buying experience is marked by negotiation, counteroffers, and a back-and-forth dialogue between both parties to reach a deal. And in […]
Buying Market Insights | July 2022 . July 2022 in Stanwood and Camano Island was a time for Buyers and Sellers to recalibrate and take note of the shifting market. Expectations are changing as the market continues to normalize. Sales volume has dipped a little in our area, but prices are continuing to hold steady. Of the 68 homes sold in […]
Buying Understanding the Value of Your Home: Market Value vs. Assessed Value and More The math of a home sale is relatively straightforward. Sellers list their home at a certain price, a buyer makes an offer, and eventually the two parties reach a final, agreed-upon price. However, between these two points in the selling process, there are several other figures that go into to setting a home’s value that […]
Buying Market Insights | June 2022 . June 2022 in Stanwood and Camano Island showed signs of returning to a normal market. This shift is creating opportunities for some Buyers that we did not see in 2020 and 2021. Generally, there are more houses on the market, longer market times, steadying home prices, fewer showings, and open house attendees, fewer offers […]
Buying How to Plant an Herb Garden Homeowners are always seeking ways to breathe new life into the spaces in their homes. Using nature to achieve this transformation is beneficial in several ways. Planting an herb garden not only helps to make your kitchen feel fresh and sustainable, but it can make your food taste better, too. Here are some tips for […]
Buying Understanding Commercial Leases Commercial property is a property designated for business purposes rather than for personal usage or housing. Renting this type of property is a huge asset to business owners, seeing as it affords much greater flexibility than buying and can significantly reduce upfront real estate costs.  . Being a commercial property tenant also requires the use […]
Buying Navigating the Property Management Industry Do you have a second home or investment property you are not using? Would you like to make an income through this property? It may be the time to become a landlord. In 2021, over one-third of households lived in rental properties. That means the demand for rental housing is high, while the need for […]
Buying Market Insights | April 2022 . April 2022 in Stanwood and Camano Island ended with a combined 170% increase in inventory over April of last year. This is one of the signs that our market has downshifted from a market that was extremely hot, to a more normal market similar to what we were experiencing pre-pandemic. This increase in inventory, […]
Buying What to Consider When Buying a Second Home In some ways, the process of buying a second home is like buying a primary home. However, there are several key differences that require consideration before you make an offer. Whether you have visions of curating your ideal vacation home, are planning for retirement, or view the property as an investment opportunity, a second home can be […]

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