Buying

Buying, Market Insights, Selling, We Are Stanwood Camano

Market Insights | November 2021

. NOVEMBER 2021 did not bring any downtime for buyers in our market! Usually, buyers tend to take a break as the holidays approach, but demand remained high last month. Our inventory is down 35% in Stanwood and 6% on Camano Island from one month ago, with only 39 active listings in our two zip […]
Buying, Market Insights, Selling, We Are Stanwood Camano

Market Insights | October 2021

. OCTOBER 2021 showed signs of a seasonal slowdown in the Stanwood Camano Island market. There is historically a decline in listings as we head into the 4th quarter. This year, the work from home uncertainty from some employers, wetter weather and a very slight uptick in interest rates were probable factors for the slower listing […]
Buying, DIY, Living

10 Mistakes to Avoid When Buying a Home

Whether you’re a first-time homebuyer or have purchased a home before, the same mistakes can rear their head at any point in the buying process. By working closely with your agent, you can identify these pitfalls ahead of time and adjust accordingly. Mistakes in the buying process can lead to higher costs, added stress, and even terminated contracts. […]
Buying, Market Insights, Selling, We Are Stanwood Camano

Market Insights | September 2021

. SEPTEMBER 2021 insights sound a little bit like a broken record. The Stanwood and Camano Island markets continue to be driven by low-interest rates, pent-up Buyer demand, job and lifestyle changes, and inventory shortages. These all add up to a very active market..There were 92 new listings added in September in the 98282/98292 zip […]

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Buying Market Insights | November 2021 . NOVEMBER 2021 did not bring any downtime for buyers in our market! Usually, buyers tend to take a break as the holidays approach, but demand remained high last month. Our inventory is down 35% in Stanwood and 6% on Camano Island from one month ago, with only 39 active listings in our two zip […]

Buying Market Insights | October 2021 . OCTOBER 2021 showed signs of a seasonal slowdown in the Stanwood Camano Island market. There is historically a decline in listings as we head into the 4th quarter. This year, the work from home uncertainty from some employers, wetter weather and a very slight uptick in interest rates were probable factors for the slower listing […]

Buying 10 Mistakes to Avoid When Buying a Home Whether you’re a first-time homebuyer or have purchased a home before, the same mistakes can rear their head at any point in the buying process. By working closely with your agent, you can identify these pitfalls ahead of time and adjust accordingly. Mistakes in the buying process can lead to higher costs, added stress, and even terminated contracts. […]

Buying Market Insights | September 2021 . SEPTEMBER 2021 insights sound a little bit like a broken record. The Stanwood and Camano Island markets continue to be driven by low-interest rates, pent-up Buyer demand, job and lifestyle changes, and inventory shortages. These all add up to a very active market..There were 92 new listings added in September in the 98282/98292 zip […]

Buying Market Insights | August 2021 AUGUST 2021 statistics show the volume of new listings rose from both July (up 4%) and twelve months ago (up 24%). Total inventory for Stanwood and Camano Island fell 40% on Camano Island and 3% in Stanwood from a year ago but stayed even with July. . The average price on the 96 residential homes that […]

Buying Buying and Selling a Home at the Same Time Successfully selling a home and buying a home are significant accomplishments on their own, but when their timelines cross it can be difficult to manage both. If you’re thinking about doing both simultaneously, it’s equally important to understand the steps you can take to make the process go smoothly as it is to have a backup plan in case […]

Buying How Covid-19 Impacted the Real Estate Market Just like so many parts of life, the real estate market was greatly impacted by the Covid-19 pandemic. From mass unemployment and reduced listings to high demand for houses in contrast to low inventory, the real estate market is much different than it was two years ago. With high housing prices, low interest rates, fluctuating […]

Buying Market Insights | July 2021 JULY 2021 showed signs of relief for Buyers in the Stanwood/Camano Island market, but this may be short lived. Inventory increased as 128 residential listings were added in zip codes 98282 and 98292 in July. This is 28% more listings than were added in July of 2020, but slightly less than last month. . Prices […]

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Buying Market Insights | June 2021 JUNE 2021 ended with 65 active listings in the Stanwood and Camano Island market, the highest level since October when Buyers could choose from 70 properties in our zip codes. The volume of new listings added in June was 135, an increase of 9% from a year ago. This is good news for Buyers, and the […]

Buying Market Insights | May 2021 MAY 2021 was an active month in the Stanwood, Camano Island market. 95 residential listings were added in our zip codes 98282 and 98292. This is slightly fewer than May of 2020, when 104 new listings were added. However, 87 residential homes sold during the month of May with an average sale price of $686,681, […]

Buying Stanwood and Camano Island Rain Shadow Buying a new home should be an exciting and fulfilling experience, but it can be difficult to find a place that checks all of your boxes when you have to worry about everything from cost and location to climate and weather patterns. If you’re looking to buy your next home or finally get the […]

Buying Market Insights | April 2021 APRIL 2021 produced a hint of good news for Buyers — sizeable increases in new listings in the Stanwood and Camano Island zip codes compared to a year ago. The new listings move into pending status so quickly that the active listing numbers do not always reflect the overall activity. Case in point. At the […]

Buying Market Insights | March 2021 MARCH 2021 wrapped up with double digit price hikes in the Stanwood and Camano Island markets. Average prices rose 12% on Camano Island and 10% in Stanwood compared to a year ago. The average price for the 86 homes sold during March was $593,100, it was $538,300 last March. There were 72 pending sales in […]

Buying Market Insights | February 2021 FEBRUARY 2021 housing activity in the Stanwood and Camano Island market was not slowed down by the significant Valentine’s Day weekend snowfall. There were 56 homes added to our inventory in February and 57 pending sales. February wrapped up with historically low inventory, 18 active residential listings at the end of the month (9 listings […]

Buying Market Insights | January 2021 . . . JANUARY 2021 kicked off the new year with 50% more homes sold in the Stanwood Camano Island area than January 2020. There were 38 homes sold on Camano Island and 46 sold in Stanwood last month, compared to 22 and 36 sold in January 2020. . . Stanwood and Camano Island are […]

Buying 10 Predictions for the 2021 Housing Market by Windermere’s Matthew Gardner . Top 10 Things to Look Out for in 2021 . . 1. Economic growth will pick up – but not until the summer. I am expecting solid employment gains in 2021, but growth is likely to start in earnest in the second half of the year once the vaccine has been more widely distributed. […]

Buying Market Insights | December 2020 . . . DECEMBER 2020 was not our typical December. The Camano Island and Stanwood zip codes sustained unusually strong home sales before, during, and after the holidays. . In Camano Island and Stanwood, 53 new listings were added to inventory during December, a hefty 25% increase over the same month a year ago. Last month’s addition fell short of meeting demand as 58 […]

Buying Market Insights | November 2020 NOVEMBER 2020 statistics indicate unusually high activity as we head into the holiday season. We administered a short survey of our Brokers and realized we are working with over 200+ Buyers in the Stanwood/Camano Island area. At the time this report was published, Stanwood and Camano Island had a combined total of only 49 active residential […]