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Buying Market Insights: January 2024 January 2024 Market Insights January 2024: Available inventory in our markets continues to decline due to typical seasonal patterns. Limited new listings are fueled by seller reluctance due to interest rates. They feel trapped with their low interest mortgages, limiting their ability to purchase the home that they want to purchase after they sell. Buyers […]
Community Adopt a Road, Adopt a Way of Life Adopt a Road, Adopt a Way of Life I was raised to never throw litter out the window of a moving car.  The consequence would be that my Dad or Mom would slam on the breaks of our wood-paneled station wagon “Bessie”, and we would have to jump out and retrieve whatever we were too […]
Community The 2024 Northwest Glass Quest The 2024 Northwest Glass Quest Written by Olivia Hanstad The Northwest Glass Quest is an annual event that takes place in the Stanwood and Camano Island area put on by the Camano Island Chamber of Commerce. What makes this event so special is its fusion of art and adventure, inviting participants on a treasure hunt […]
Community Camano Island Lending Libraries Camano Island Lending Libraries One thing that makes Camano Island such a desirable place to live is the kind-hearted individuals who give back to their community. From a wave as you walk by to the incredible efforts by our local Stanwood-Camano Food Bank – we are fortunate to be surrounded by people who support one […]
Buying Market Insights: December 2023 December 2023 Market Insights December 2023: December marked the lowest number of new listings for all of 2023 in both the Stanwood and Camano Island markets. As a result, active inventory is the lowest that it has been since April. Seasonal patterns typical of this time of year and low inventory resulted in the lowest […]
Buying Market Insights: November 2023 November 2023 Market Insights November 2023: The past weeks have seen gradual declines in interest rates. 30-year fixed mortgage rates have dropped over a point and a half over the past two months to just over 6.6% currently. Economists are predicting an additional drop in rates to 6% in the latter part of 2024. This […]
Buying Market Insights: October 2023 October 2023 Market Insights October 2023: In the past months, the purchasing power of potential home buyers has weakened further with rising interest rates and a continued lack of inventory, creating a slowdown in market activity. Active listings in our combined market have remained fairly steady over the past six months at just over 100 […]
Buying Market Insights: September 2023 August 2023 Market Insights September 2023: Home values are still holding strong with Average Sales prices at over $700,000 for our two zip codes. Additional home price gains are more challenging in the short term due to continued mortgage rate increases that limit prospective buyers’ purchasing power. The result is a continued decline in transaction volume in our current […]
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Buying Market Insights: August 2023 August 2023 Market Insights August 2023: Pending sales on homes during August in our two markets were both up year over year from 2022. We had 29 listings find a buyer on Camano Island and 34 in Stanwood, versus 25 and 31 respectively last year. Other key metrics for August activity showed year-over-year declines, including […]
Buying Market Insights: July 2023 July 2023 Market Insights July 2023: Economists are predicting that mortgage interest rates will adjust down over the next couple of quarters. Predictions are that we will see rates fall below 6% in the 2nd quarter of 2024. When this happens, the housing market will be poised to grow again. The hope is that many […]
Buying Market Insights: June 2023 June 2023 Market Insights June 2023: the Stanwood and Camano Island area markets have seen our highest volume of closed sales last month (61 homes) in over nine months when we saw 81 homes sold in August 2022. The result, our current active listings are down 17% for the same time period as last year, […]
Buying Market Insights: May 2023 May 2023 Market Insights May 2023 in Stanwood and Camano Island, the current combined inventory is higher than it was at the same time last year, with a total of 105 active residential listings at the end of May 2023 as compared to 88 last May (a 19% year over year increase). Even with this, […]
Community Soap Box Derby set for June 17 By SC NEWS STAFF | June 4, 2023   The 16th Annual Windermere Stanwood Camano Island Soap Box Derby, one of the area’s biggest local events, is scheduled for 9 a.m. Saturday, June 17. The event — “the largest Soap Box Derby Race west of the Mississippi!” — will be held at Arrowhead Ranch on Camano Island. […]
Buying Market Insights: April 2023 April 2023 in Stanwood and Camano Island, the current combined inventory was slightly higher than the same time last year, with a total of 80 active residential listings at the end of April 2023 as compared to 75 last April. Despite this comparatively small increase in total active listings, our market activity for April shows […]
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 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 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 […]
News Windermere under new ownership By Izzie Lund | January 23, 2023   Windermere Real Estate Stanwood Camano has new leadership for the first time in almost two decades. Jill and Jeff Vail have taken over as owners. The Vails take over for Randy and Marla Heagle, who also own Arrowhead Ranch on Camano Island. The Heagles have stepped down as […]
Living Market Insights: December 2022 The 2022 real estate market in Stanwood and Camano Island “ended with a whimper rather than a bang”, stated Matthew Gardner, Chief Economist at Windermere Real Estate. “Overall, the housing market is going to continue falling off the ‘sugar high’ that was a function of the artificially low mortgage rates during the pandemic,” he added. […]