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Market Report for April 2013

May 23rd, 2013 11:57 AM

Market Report for 4/01/2013 - 4/30/2013

Hedge funds are now buying up REO (bank owned) properties in an irregular radius of 40 miles, with Seattle in the center. When you look at this report you will notice that the sales of bank owned properties are down in King, Pierce and Snohomish counties. Taking distressed properties off the market in this are has caused home prices to increase. Multiple offers are now common in this area. Outside the irregular 40 mile radius the situation is somewhat the same. Sales in this month's report are the best since 2007. Short sales are at 11% of the market.

How the Interest Rate affects your purchasing power with a monthly payment of $1200:

3.51% $266,902.08(5/22/2013)

4.50%
$236,833.39

5.00% $223,537.94

6.00% $200,149.94

7.00% $180,369.08

8.00% $163,540.19

9.00% $149,138.24

10.00% $136,740.98

11.00% $126,007.62

12.00% $116,661.10

Use this handy Calculator to figure out your payments for any mortgage!

Counties (Grays Harbor, Island, Jefferson, King, Kitsap, Lewis, Mason, Pierce, San Juan, Skagit, Snohomish, Thurston, Whatcom) in western WA

Residential sales: 21% increase
2013

4988

Bank owned: 13%

647

Short Sales: 11%

568

(2012 Bank owned 22% 911) 2012
4115

(2012 short sales 11% 465) 2011
3700

2010
4199

2009
2866

2008
3913

2007
5616

2006
6485

Market Report for each county: 4/1/2013 - 4/30/2013

Market Report is residential sales only - condos, manufactured homes in parks, commercial and business opportunities are not included.

Grays Harbor: 22% decrease

2013

41

Bank Owned: 29% of sales

12

Short Sales: 5% of sales

2

(2012 bank owned: 41%; 22)
2012
54

(2012 short sales: 6% 3)

2011

55

2010

72

2009

49

2008

61

2007

77

Island County: 23% increase

2013

92

Bank Owned: 15% of sales

14

Short sales: 4% of sales

4

(2012 bank owned: 29%; 22)
2012
75

(2012 short sales: 4% 3)

2011

67

2010

93

2009

61

2008

70

2007

118

JeffersonCounty: 27% increase

2013

38

Bank Owned: 11% of sales

4

Short sales: 5% of sales

2

(2012 bank owned: 23%; 7)
2012
30

(2012 short sales: 0% 0)

2011

21

2010

26

2009

21

2008

31

2007

34

King county: 18% increase

2013

2123

Bank Owned: 8% of sales

164

Short Sales: 11% of sales

228

(2012 bank owned: 16%; 291)
2012
1798

(2012 short sales: 12% 209)

2011

1533

2010

1682

2009

1086

2008

1430

2007

2199

Kitsap County: 33% increase

2013

271

Bank Owned: 15% of sales

41

Short sales: 9% of sales

25

(2012 bank owned: 22%; 44)
2012
203

(2012 short sales: 5%: 11)

2011

166

2010

241

2009

192

2008

226

2007

303

Lewis Conty: 51% increase

2013

72

Bank Owned: 36% of sales

26

Short Sales: 4% of sales

3

(2012 bank owned: 59%; 22)
2012
46

(2012 short sales: 5% 3)

2011

51

2010

48

2009

43

2008

58

2007

73

Mason county: 24% increase

2013

63

Bank Owned: 27% of sales

17

Short Sales: 10% of sales

6

(2012 bank owned: 47%; 24)
2012
51

(2012 short sales: 4%: 2)

2011

59

2010

53

2009

48

2008

59

2007

82

Pierce County: 33% increase

2013

885

Bank Owned: 18% of sales

159

Short Sales: 16% of sales

145

(2012 bank owned: 34%; 226)
2012
666

(2012 short sales: 10%: 80)

2011

719

2010

734

2009

535

2008

739

2007

1008

San Juan county: 15% increase

2013

15

Bank Owned: 0% of sales

0

Short Sales: 7% of sales

2

(2012 bank owned: 15%; 2)
2012
13

(2012 short sales: 0%; 0)

2011

8

2010

10

2009

4

2008

9

2007

20

Skagit County: 21% increase

2013

120

Bank Owned: 18% of sales

22

Short Sales: 7% of sales

8

(2012 bank owned: 27%; 27)
2012
99

(2012 short sales: 6%: 6)

2011

88

2010

110

2009

73

2008

110

2007

154

Snohomish County: 16% increase

2013

831

Bank Owned: 15% of sales

126

Short Sales: 23% of sales

105

(2012 bank owned: 25%; 178)
2012
714

(2012 short sales: 14%: 103)

2011

586

2010

715

2009

436

2008

538

2007

995

Thurston County: 16% increase

2013

255

Bank Owned: 16% of sales

42

Short Sales: 9% of sales

22

(2011 bank owned: 28%; 41)
2012
219

(2011 short sales: 10%: 14)

2011

195

2010

245

2009

184

2008

247

2007

346

Whatcom County: 24% increase

2013

182

Bank Owned: 11% of sales

20

Short Sales: 9% of sales

17

(2012 bank owned:20%; 21)
2012
147

(2012 short sales: 14%: 14)

2011

152

2010

170

2009

143

2008

180

2007

218

For Mason County

Residential Sales 24% increase 2013
63

Bank Owned sales 27% of sales
17

Short Sales 10% of sales
6

2012
51

2011
53

2010
48

2009
59

2008
82

2007
103

Vacant land sales 2013
26

2012
11

2011
12

2010
11

2009
10

2008
19

2007
49

Maufactured Homes in parks 2013
2

2012
2

2011
1

2010
0

2009
1

2008
1

2007
0

Multi-Family 2013
2

2012
2

2011
1

2010
0

2009
0

2008
0

2007
1

Business Opportunities & Commercial 2013
2

2012
1

2011
0

2010
5

2009
2

2008
4

2007
12

*Information collected from the NWMLS system. Rules do not allow brokers to send out information in a broadcast form. If you want actual information on property please send a request to John and the information will be sent to you.

If you would like to do a search and get auto-emails of new listings, go Here.

For a "Quick and Easy" search program for properties in Mason County -- Go here.

Posted by John Borgert on May 23rd, 2013 11:57 AMPost a Comment (0)

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Market Report for March 2013

April 30th, 2013 6:52 PM

Market Report for March 2013

This is a brief version of our Market Report. It is just for this month.

Purchasing Power of your interest rates: (3.40 % as of 4/29/13)

3.40 %	$270,586.43
4.50 %	$236, 833.39
5.00 %	$223,537.94
6.00 %	$200,149.94
7.00 %	$180,369.08
8.00 %	$163,540.19
9.00 %	$149,138.24
10.00 %	$136,740.98
11.00 %	$126,007.62
12.00 %	$116,661.10

13 Counties

Residential Sales Total = 4480
Bank Owned Sales = 635 (14%)
Short Sales = 541 (12%)

Grays Harbor Total Sales = 51
Bank Owned Sales = 11 (22%)
Short Sales = 1 (2%)

Island County Total Sales = 76
Bank Owned Sales = 10 (13%)
Short Sales = 3 (4%)

Jefferson County Total Sales = 35
Bank Owned Sales = 3 (9%)
Short Sales = 1 (3%)

King County Total Sales = 1813
Bank Owned Sales = 162 (9%)
Short Sales = 190 (10%)

Kitsap County Total Sales = 236
Bank Owned Sales = 39 (17%)
Short Sales = 24 (10%)

Lewis County Total Sales = 58
Bank Owned Sales = 17 (29%)
Short Sales = 2 (3%)

Mason County Total Sales = 64
Bank Owned Sales = 25 (34%)
Short Sales = 5 (8%)

Pierce County Total Sales = 856
Bank Owned Sales = 185 (22%)
Short Sales = 156 (18%)

San Jaun County Total Sales = 15
Bank Owned Sales = 2 (13%)
Short Sales = 2 (13%)

Skagit Count Total Sales = 105
Bank Owned Sales = 15 (14%)
Short Sales = 8 (8%)

Snohomish County Total Sales = 737
Bank Owned Sales = 109 (15%)
Short Sales = 121 (16%)

Thurston County Total Sales = 262
Bank Owned Sales = 46 (18%)
Short Sales = 23 (9%)

Whatcom County Total Sales = 172
Bank Owned Sales = 11 (6%)
Short Sales = 11 (6%)

Mason County

Total Sales in all categories =	85
Residential =	64
Vacant Land =	20
Manufactured Homes in Parks =	1
Multi-Family =	0
Business Opportunities =	0

Posted by John Borgert on April 30th, 2013 6:52 PMPost a Comment (0)

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Market Report for February 2013

March 25th, 2013 6:24 PM

Market Report for 2/01/2013 - 2/28/2013

Bank Owned sales in February are greater than short sales, reversing a trend of the last few months. Sales increases compared to January 2012 are up 10% and up 8% compared to last month January 2013. The counties with decrease in sales compared to January 2012 are Grays Harbor, Jefferson and Snohomish. Bank owned (19%) and short sales (15%) still represent 34% of the sales in this 13 county report. Mortgage rates moved down a little from last month and continue to be at historic lows. Mortgage relief act was extended for another yea. Short sales wil continue throughout 2013.

How the Interest Rate affects your purchasing power with a monthly payment of $1200:

3.54% $265,910.00(3/25/2013)

4.50%
$236,833.39

5.00% $223,537.94

6.00% $200,149.94

7.00% $180,369.08

8.00% $163,540.19

9.00% $149,138.24

10.00% $136,740.98

11.00% $126,007.62

12.00% $116,661.10

Use this handy Calculator to figure out your payments for any mortgage!

Counties (Grays Harbor, Island, Jefferson, King, Kitsap, Lewis, Mason, Pierce, San Juan, Skagit, Snohomish, Thurston, Whatcom) in western WA

Residential sales: 10% increase
2013

3381

Bank owned: 19%

642

Short Sales: 15%

504

(2012 Bank owned 31% 949) 2012
3084

(2012 short sales 12% 360) 2011
2486

2010
2590

2009
1977

2008
2647

2007
4260

2006
4752

Market Report for each county: 2/1/2013 - 2/28/2013

Market Report is residential sales only - condos, manufactured homes in parks, commercial and business opportunities are not included.

Grays Harbor: 28% decrease

2013

31

Bank Owned: 23% of sales

7

Short Sales: 1% of sales

3

(2012 bank owned: 33%; 14)
2012
43

(2012 short sales: 2% 1)

2011

42

2010

36

2009

34

2008

39

2007

54

Island County: 11% increase

2013

60

Bank Owned: 15% of sales

9

Short sales: 10% of sales

6

(2012 bank owned: 30%; 16)
2012
54

(2012 short sales: 7% 4)

2011

46

2010

58

2009

38

2008

43

2007

80

JeffersonCounty: 5% decrease

2013

21

Bank Owned: 38% of sales

8

Short sales: 10% of sales

2

(2012 bank owned: 23%; 5)
2012
22

(2012 short sales: 5% 1)

2011

23

2010

8

2009

9

2008

22

2007

32

King county: 8% increase

2013

1360

Bank Owned: 11% of sales

149

Short Sales: 14% of sales

191

(2012 bank owned: 24%; 302)
2012
1256

(2012 short sales: 13% 157)

2011

964

2010

1012

2009

662

2008

1070

2007

1546

Kitsap County: 21% increase

2013

188

Bank Owned: 16% of sales

31

Short sales: 11% of sales

21

(2012 bank owned: 33%; 51)
2012
155

(2012 short sales: 6%: 9)

2011

153

2010

131

2009

127

2008

156

2007

212

Lewis Conty: 0% increase

2013

37

Bank Owned: 27% of sales

10

Short Sales: 8% of sales

3

(2012 bank owned: 59%; 22)
2012
37

(2012 short sales: 5% 3)

2011

34

2010

31

2009

32

2008

33

2007

53

Mason county: 38% increase

2013

44

Bank Owned: 41% of sales

18

Short Sales: 5% of sales

2

(2012 bank owned: 38%; 12)
2012
32

(2012 short sales: 3%: 1)

2011

30

2010

43

2009

20

2008

31

2007

51

Pierce County: 12% increase

2013

657

Bank Owned: 22% of sales

146

Short Sales: 18% of sales

120

(2012 bank owned: 42%; 244)
2012
587

(2012 short sales: 10%: 56)

2011

461

2010

446

2009

390

2008

450

2007

855

San Juan county: 80% increase

2013

18

Bank Owned: 11% of sales

2

Short Sales: 6% of sales

1

(2012 bank owned: 20%; 2)
2012
10

(2012 short sales: 0%; 0)

2011

8

2010

6

2009

7

2008

7

2007

8

Skagit County: 51% increase

2013

92

Bank Owned: 12% of sales

11

Short Sales: 15% of sales

14

(2012 bank owned: 38%; 23)
2012
61

(2012 short sales: 8%: 5)

2011

67

2010

60

2009

43

2008

75

2007

118

Snohomish County: 4% decrease

2013

556

Bank Owned: 17% of sales

94

Short Sales: 20% of sales

110

(2012 bank owned: 34%; 196)
2012
577

(2012 short sales: 16%: 95)

2011

416

2010

441

2009

292

2008

408

2007

755

Thurston County: 26% increase

2013

184

Bank Owned: 22% of sales

41

Short Sales: 12% of sales

22

(2011 bank owned: 28%; 41)
2012
146

(2011 short sales: 10%: 14)

2011

148

2010

180

2009

156

2008

193

2007

268

Whatcom County: 16% increase

2013

123

Bank Owned: 13% of sales

16

Short Sales: 9% of sales

11

(2012 bank owned:20%; 21)
2012
106

(2012 short sales: 14%: 14)

2011

93

2010

117

2009

91

2008

128

2007

167

For Mason County

Total for all categories 2013
58

2012
43

2011
39

2010
55

2009
28

2008
43

2007
87

Residential Sales 38% increase 2013
44

Bank Owned sales 41% of sales
18

Short Sales 5% of sales
2

2012
32

2011
30

2010
43

2009
20

2008
31

2007
51

Vacant land sales 2013
11

2012
7

2011
9

2010
11

2009
6

2008
10

2007
31

Maufactured Homes in parks 2013
1

2012
1

2011
0

2010
0

2009
1

2008
2

2007
1

Multi-Family 2013
1

2012
0

2011
0

2010
0

2009
0

2008
0

2007
1

Business Opportunities & Commercial 2013
1

2012
3

2011
0

2010
4

2009
1

2008
0

2007
2

If you would like to do a search and get auto-emails of new listings, go Here.

For a "Quick and Easy" search program for properties in Mason County -- Go here.

Posted by John Borgert on March 25th, 2013 6:24 PMPost a Comment (0)

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Market Report for January 2013

February 27th, 2013 5:30 PM

Market Report for 1/01/2013 - 1/31/2013

Short sales continue to be greater than bank owned sales. Sales increases compared to January 2012 are up 22% but down 24% compared to last month, December 2012. Only County with a decrease in sales compared to January 2012 was Mason County. Mason County has the highest number of workers in the state that commute outside the county (43%). The higher gas prices may be affecting sales. Mortgage rates moved up a little but are still at historic lows. The Mortgage relief act was extended for another year. Short sales will continue through-out 2013.

How the Interest Rate affects your purchasing power with a monthly payment of $1200:

3.56% $265, 521.22 (2/27/2013)

4.50%
$236,833.39

5.00% $223,537.94

6.00% $200,149.94

7.00% $180,369.08

8.00% $163,540.19

9.00% $149,138.24

10.00% $136,740.98

11.00% $126,007.62

12.00% $116,661.10

Use this handy Calculator to figure out your payments for any mortgage!

Counties (Grays Harbor, Island, Jefferson, King, Kitsap, Lewis, Mason, Pierce, San Juan, Skagit, Snohomish, Thurston, Whatcom) in western WA

Residential sales: 22% increase
2013

3138

Bank owned: 15%

480

Short Sales: 16%

490

(2012 Bank owned 32% 815) 2012
2566

(2012 short sales 13% 327) 2011
2330

2010
2266

2009
1466

2008
2546

2007
3673

2006
4068

Market Report for each county: 1/1/2013 - 1/31/2013

Market Report is residential sales only - condos, manufactured homes in parks, commercial and business opportunities are not included.

Grays Harbor: 145% increase

2013

49

Bank Owned: 33% of sales

16

Short Sales: 8% of sales

4

(2012 bank owned: 50%; 10)
2012
20

(2012 short sales: 5% 1)

2011

36

2010

39

2009

33

2008

33

2007

70

Island County: 76% increase

2013

67

Bank Owned: 16% of sales

11

Short sales: 10% of sales

7

(2012 bank owned: 29%; 11)
2012
38

(2012 short sales: 11% 4)

2011

42

2010

58

2009

28

2008

63

2007

85

JeffersonCounty: 32% increase

2013

25

Bank Owned: 24% of sales

6

Short sales: 8% of sales

2

(2012 bank owned: 32%; 6)
2012
19

(2012 short sales: 0% 0)

2011

20

2010

13

2009

12

2008

19

2007

25

King county: 21% increase

2013

1219

Bank Owned: 10% of sales

120

Short Sales: 15% of sales

188

(2012 bank owned: 24%; 239)
2012
1011

(2012 short sales: 14% 143)

2011

924

2010

863

2009

527

2008

954

2007

1355

Kitsap County: 29% increase

2013

167

Bank Owned: 16% of sales

26

Short sales: 10% of sales

17

(2012 bank owned: 37%; 48)
2012
129

(2012 short sales: 11%: 14)

2011

126

2010

142

2009

110

2008

160

2007

186

Lewis Conty: 24% increase

2013

47

Bank Owned: 19% of sales

9

Short Sales: 6% of sales

3

(2012 bank owned: 32%; 12)
2012
38

(2012 short sales: 8% 3)

2011

33

2010

42

2009

17

2008

36

2007

55

Mason county: 17% decrease

2013

34

Bank Owned: 32% of sales

11

Short Sales: 9% of sales

3

(2012 bank owned: 41%; 17)
2012
41

(2012 short sales: 2%: 1)

2011

35

2010

46

2009

12

2008

41

2007

45

Pierce County: 20% increase

2013

618

Bank Owned: 19% of sales

120

Short Sales: 17% of sales

103

(2012 bank owned: 37%; 228)
2012
513

(2012 short sales: 13%: 66)

2011

441

2010

415

2009

293

2008

458

2007

738

San Juan county: 21% decrease

2013

11

Bank Owned: 9% of sales

1

Short Sales: 45% of sales

5

(2012 bank owned: 36%; 5)
2012
14

(2012 short sales: 7%; 1)

2011

7

2010

7

2009

3

2008

10

2007

11

Skagit County: 27% increase

2013

71

Bank Owned: 28% of sales

20

Short Sales: 7% of sales

6

(2012 bank owned: 47%; 20)
2012
56

(2012 short sales: 7%: 4)

2011

60

2010

56

2009

49

2008

63

2007

102

Snohomish County: 24% increase

2013

537

Bank Owned: 18% of sales

98

Short Sales: 23% of sales

124

(2012 bank owned: 37%; 161)
2012
433

(2012 short sales: 13%: 57)

2011

374

2010

359

2009

241

2008

424

2007

610

Thurston County: 23% increase

2013

174

Bank Owned: 11% of sales

20

Short Sales: 13% of sales

22

(2011 bank owned: 26%; 36)
2012
141

(2011 short sales: 10%: 14)

2011

141

2010

126

2009

149

2008

166

2007

235

Whatcom County: 6% increase

2013

119

Bank Owned: 18% of sales

22

Short Sales: 5% of sales

6

(2012 bank owned:19%; 21)
2012
112

(2012 short sales: 17%: 19)

2011

91

2010

97

2009

87

2008

129

2007

167

For Mason County

Total for all categories 2013
45

2012
47

2011
41

2010
57

2009
23

2008
58

2007
88

Residential Sales 17% decrease 2013
34

Bank Owned sales 32% of sales
11

Short Sales 9% of sales
3

2012
41

2011
35

2010
46

2009
12

2008
41

2007
45

Vacant land sales 2013
8

2012
5

2011
4

2010
11

2009
11

2008
13

2007
37

Maufactured Homes in parks 2013
1

2012
1

2011
0

2010
0

2009
0

2008
0

2007
0

Multi-Family 2013
0

2012
0

2011
0

2010
0

2009
0

2008
0

2007
0

Business Opportunities & Commercial 2013
0

2012
0

2011
1

2010
0

2009
0

2008
3

2007
2

If you would like to do a search and get auto-emails of new listings, go Here.

For a "Quick and Easy" search program for properties in Mason County -- Go here.

Posted by John Borgert on February 27th, 2013 5:30 PMPost a Comment (0)

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Market Report for December 2012

February 2nd, 2013 8:11 PM

Market Report for 12/01/2012 - 12/31/2012

Short sales continue to be greater than bank owned sales. This trend may change in the near future since there are over 1.2 million homes in the United States in the shadow inventory. Sales increases compared to December 2011 are up 10%, but down 3% compared to last month (November 2012). Increase may be due to the fact there was lots of snow in December 2011. Interest rates moved up a little but are still at historic lows. Mortgage relief act was extended for another year. Short sales will continue through out 2013.

How the Interest Rate affects your purchasing power with a monthly payment of $1200:

3.42% $269,911.04 (1/25/2013)

4.50%
$236,833.39

5.00% $223,537.94

6.00% $200,149.94

7.00% $180,369.08

8.00% $163,540.19

9.00% $149,138.24

10.00% $136,740.98

11.00% $126,007.62

12.00% $116,661.10

Use this handy Calculator to figure out your payments for any mortgage!

Counties (Grays Harbor, Island, Jefferson, King, Kitsap, Lewis, Mason, Pierce, San Juan, Skagit, Snohomish, Thurston, Whatcom) in western WA

Residential sales: 10% increase
2012

4105

Bank owned: 12%

487

Short Sales: 16%

638

(2011 Bank owned 28% 1049) 2011
3723

(2011 short sales 12% 445) 2010
3591

2009
3604

2008
2480

2007
3398

2006
5050

Market Report for each county: 12/1/2012 - 12/31/2012

Market Report is residential sales only - condos, manufactured homes in parks, commercial and business opportunities are not included.

Grays Harbor: 5% decrease

2012

55

Bank Owned: 18% of sales

10

Short Sales: 9% of sales

5

(2011 bank owned: 29%; 17)

2011

58

(2011 short sales: 5% 3)

2010

51

2009

52

2008

43

2007

50

Island County: 8% increase

2012

80

Bank Owned: 10% of sales

8

Short sales: 9% of sales

7

(2011 bank owned: 30%; 22)

2011

74

(2011 short sales: 5% 4)

2010

74

2009

83

2008

48

2007

53

JeffersonCounty: 19% increase

2012

32

Bank Owned: 6% of sales

2

Short sales: 9% of sales

3

(2011 bank owned: 22%; 6)

2011

27

(2011 short sales: 0% 0)

2010

19

2009

18

2008

19

2007

17

King county: 16% increase

2012

1696

Bank Owned: 7% of sales

116

Short Sales: 14% of sales

244

(2011 bank owned: 22%; 323)

2011

1464

(2011 short sales: 12% 171)

2010

1433

2009

237

2008

916

2007

1324

Kitsap County: 21% increase

2012

233

Bank Owned: 15% of sales

34

Short sales: 11% of sales

25

(2011 bank owned: 23%; 42)

2011

185

(2011 short sales: 11%: 21)

2010

214

2009

230

2008

129

2007

195

Lewis Conty: 25% increase

2012

50

Bank Owned: 22% of sales

11

Short Sales: 8% of sales

4

(2011 bank owned: 28%; 11)

2011

40

(2011 short sales: 0% 0)

2010

55

2009

63

2008

32

2007

51

Mason county: 28% increase

2012

51

Bank Owned: 22% of sales

11

Short Sales: 10% of sales

5

(2011 bank owned: 43%; 17)

2011

40

(2011 short sales: 10%: 4)

2010

43

2009

57

2008

35

2007

47

Pierce County: 7% increase

2012

741

Bank Owned: 21% of sales

159

Short Sales: 17% of sales

126

(2011 bank owned: 38%; 275)

2011

694

(2011 short sales: 12%: 81)

2010

670

2009

698

2008

442

2007

612

San Juan county: 29% decrease

2012

12

Bank Owned: 0% of sales

0

Short Sales: 17% of sales

2

(2011 bank owned: 12%; 2)

2011

17

(2011 short sales: 0%; 0)

2010

15

2009

10

2008

7

2007

7

Skagit County: 8% increase

2012

96

Bank Owned: 15% of sales

14

Short Sales: 15% of sales

14

(2011 bank owned: 38%; 34)

2011

89

(2011 short sales: 8%: 7)

2010

101

2009

67

2008

65

2007

103

Snohomish County: 4% increase

2012

695

Bank Owned: 12% of sales

84

Short Sales: 22% of sales

152

(2011 bank owned: 35%; 238)

2011

671

(2011 short sales: 17%: 113)

2010

570

2009

578

2008

331

2007

534

Thurston County: 4% decrease

2012

209

Bank Owned: 13% of sales

27

Short Sales: 14% of sales

30

(2011 bank owned: 21%; 46)

2011

218

(2011 short sales: 9%: 20)

2010

203

2009

196

2008

163

2007

250

Whatcom County: 13% increase

2012

165

Bank Owned: 7% of sales

11

Short Sales: 13% of sales

21

(2011 bank owned:16%; 24)

2011

146

(2011 short sales: 10%: 15)

2010

143

2009

168

2008

115

2007

159

For Mason Count

Total for all categories 2012
60

2011
50

2010
62

2009
68

2008
50

2007
68

Residential Sales 28% increase 2012
50

Bank Owned sales 22% of sales
11

Short Sales 10% of sales
5

2011
40

2010
43

2009
57

2008
35

2007
47

Vacant land sales 2012
8

2011
6

2010
9

2009
10

2008
15

2007
19

Maufactured Homes in parks 2012
1

2011
4

2010
1

2009
0

2008
0

2007
0

Multi-Family 2012
0

2011
0

2010
0

2009
0

2008
0

2007
0

Business Opportunities & Commercial 2012
0

2011
0

2010
2

2009
5

2008
7

2007

If you would like to do a search and get auto-emails of new listings, go Here.

For a "Quick and Easy" search program for properties in Mason County -- Go here.

Posted by John Borgert on February 2nd, 2013 8:11 PMPost a Comment (0)

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Active Bank Onwed and Short Sales January

January 14th, 2013 3:18 PM

Active Bank Owned and Short Sales

January 14, 2013 Active Bank Owned and Short Sales

This report is only accurate the day published. Total listings in residential homes have decreased again since last month. Bank owned homes on the market have increased somewhat since last month. Short sale inventory is down. Historic low interest rates of 3.4% for 30 year fixed mortgage are stimulating sales.

Totals for all 13 Counties:

Active: 13,877 Bank Owned: 915 Short Sales: 1730

Individual Counties:

County Active Bank Owned Short Sales

Grays Harbor
627

45

44

Island

574

39

58

Jefferson

317

13

13

King

3113

198

475

Kitsap

1169

73

183

Lewis
578

46

36

Mason
598

55

51

Pierce
2661

240

535

San Juan
279

5

11

Skagit
601

39

52

Snohomish
1381

136

246

Thurston
1012

74

133

Whatcom
909

26

76

Many believe that there is a large "shadow inventory" of bank owned properties being held back by the banks, while others believe the shadow inventory is also shrinking. Time will tell. See article.

You can search bank owned homes at the Quick and Easy Search. Scroll to the bottom...

Posted by John Borgert on January 14th, 2013 3:18 PMPost a Comment (0)

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Market Report for November 2012

December 28th, 2012 4:34 PM

Market Report for 11/01/2012 - 11/30/2012

How the Interest Rate affects your purchasing power with a monthly payment of $1200:

3.37% $271,604.14 (12/27/2012)

4.50%
$236,833.39

5.00% $223,537.94

6.00% $200,149.94

7.00% $180,369.08

8.00% $163,540.19

9.00% $149,138.24

10.00% $136,740.98

11.00% $126,007.62

12.00% $116,661.10

Use this handy Calculator to figure out your payments for any mortgage!

Counties (Grays Harbor, Island, Jefferson, King, Kitsap, Lewis, Mason, Pierce, San Juan, Skagit, Snohomish, Thurston, Whatcom) in western WA

Residential sales: 19% increase
2012

4225

Bank owned: 11%

467

Short Sales: 14%

588

(2011 Bank owned 27% 955) 2011
3542

(2011 short sales 11% 386) 2010
2890

2009
3947

2008
2130

2007
3585

2006
5364

Market Report for each county: 11/1/2012 - 11/30/2012

Market Report is residential sales only - condos, manufactured homes in parks, commercial and business opportunities are not included.

Grays Harbor: 14% decrease

2012

49

Bank Owned: 29% of sales

14

Short Sales: 0% of sales

0

(2011 bank owned: 32%; 23)

2011

57

(2011 short sales: 7% 5)

2010

39

2009

64

2008

46

2007

52

Island County: 16% increase

2012

86

Bank Owned: 12% of sales

10

Short sales: 6% of sales

5

(2011 bank owned: 23%; 17)

2011

74

(2011 short sales: 6% 3)

2010

54

2009

84

2008

37

2007

69

JeffersonCounty: 38% increase

2012

36

Bank Owned: 14% of sales

5

Short sales: 3% of sales

1

(2011 bank owned: 35%; 9)

2011

26

(2011 short sales: 4% 2)

2010

23

2009

23

2008

10

2007

22

King county: 29% increase

2012

1824

Bank Owned: 7% of sales

121

Short Sales: 13% of sales

233

(2011 bank owned: 21%; 296)

2011

1418

(2011 short sales: 11% 155)

2010

1061

2009

1493

2008

748

2007

1427

Kitsap County: 25% increase

2012

218

Bank Owned: 11% of sales

24

Short sales: 11% of sales

24

(2011 bank owned: 22%; 38)

2011

174

(2011 short sales: 6%: 11)

2010

187

2009

246

2008

139

2007

211

Lewis Conty: 15% increase

2012

53

Bank Owned: 21% of sales

11

Short Sales: 6% of sales

3

(2011 bank owned: 24%; 11)

2011

46

(2011 short sales: 2% 3)

2010

37

2009

40

2008

38

2007

54

Mason county: 50% increase

2012

63

Bank Owned: 22% of sales

14

Short Sales: 3% of sales

2

(2011 bank owned: 45%; 19)

2011

42

(2011 short sales: 2%: 1)

2010

29

2009

61

2008

25

2007

53

Pierce County: 15% increase

2012

748

Bank Owned: 18% of sales

136

Short Sales: 19% of sales

142

(2011 bank owned: 38%; 245)

2011

653

(2011 short sales: 13%: 83)

2010

569

2009

707

2008

383

2007

625

San Juan county: 83% increase

2012

22

Bank Owned: 14% of sales

3

Short Sales: 5% of sales

1

(2011 bank owned: 8%; 1)

2011

12

(2011 short sales: 8%; 1)

2010

9

2009

13

2008

12

2007

15

Skagit County: 25% increase

2012

114

Bank Owned: 15% of sales

17

Short Sales: 10% of sales

11

(2011 bank owned: 25%; 23)

2011

91

(2011 short sales: 10%: 9)

2010

73

2009

107

2008

39

2007

102

Snohomish County: 5% increase

2012

647

Bank Owned: 13% of sales

81

Short Sales: 21% of sales

137

(2011 bank owned: 31%; 192)

2011

617

(2011 short sales: 15%: 91)

2010

461

2009

652

2008

267

2007

568

Thurston County: 4% increase

2012

192

Bank Owned: 9% of sales

17

Short Sales: 11% of sales

22

(2011 bank owned: 29%; 54)

2011

185

(2011 short sales: 6%: 12)

2010

215

2009

265

2008

157

2007

233

Whatcom County: 22% increase

2012

173

Bank Owned: 8% of sales

14

Short Sales: 5% of sales

8

(2011 bank owned:23%; 33)

2011

142

(2011 short sales: 11%: 15)

2010

127

2009

192

2008

100

2007

155

For Mason County

Total for all categories 2012
74

2011
48

2010
46

2009
77

2008
32

2007
84

Residential Sales    50% increase 2012
63

Bank Owned sales      22% of sales
14

Short Sales     3% of sales
2

2011
42

2010
29

2009
61

2008
25

2007
53

Vacant land sales     2012
10

2011
15

2010
11

2009
7

2008
29

2007
46

Maufactured Homes in parks 2012
1

2011
1

2010
2

2009
0

2008
0

2007
1

Multi-Family 2012
0

2011
0

2010
0

2009
4

2008
0

2007
0

Business Opportunities & Commercial 2012
0

2011
0

2010
0

2009
1

2008
0

2007
0

If you would like to do a search and get auto-emails of new listings, go Here.

For a "Quick and Easy" search program for properties in Mason County -- Go here.

Posted by John Borgert on December 28th, 2012 4:34 PMPost a Comment (0)

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December Report: Active Bank Owned and Short Sales

December 11th, 2012 11:32 PM

Active Bank Owned and Short Sales

December 10, 2012 Active Bank Owned and Short Sales

This report is only accurate the day published. Total listings in residential homes have decreased again since last month. Bank owned homes on the market have increased somewhat since last month. Short sale inventory is down. Historic low interest rates of 3.34% for 30 year fixed mortgage are stimulating sales.

Totals for all 13 Counties:

Active: 15,327 Bank Owned: 943 Short Sales: 2143

Individual Counties:

County Active Bank Owned Short Sales

Grays Harbor
681

44

58

Island

635

27

62

Jefferson

356

17

17

King

3551

183

527

Kitsap

1308

78

204

Lewis
657

55

40

Mason
665

59

59

Pierce
2864

186

617

San Juan
329

7

12

Skagit
646

33

55

Snohomish
1519

136

261

Thurston
1109

80

152

Whatcom
1024

29

76

Many believe that there is a large "shadow inventory" of bank owned properties being held back by the banks, while others believe the shadow inventory is also shrinking. Time will tell. See article.

You can search bank owned homes at the Quick and Easy Search. Scroll to the bottom...

Posted by John Borgert on December 11th, 2012 11:32 PMPost a Comment (0)

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Market Report for October 2012

December 4th, 2012 11:46 AM

Market Report for 10/01/2012 - 10/31/2012

For a third month in a row short sales are greater than sales for bank owned homes. This trend may change in the near future since there are over 1.2 million homes in the United States that are in the shadow inventory. Home sales have increased compared to October of last year, 2011, and are up by 26%. Sales are up by 10% compared to sales lastmonth, September 2012. All counties except Lewis in this report show an increase in sales. Interest rates are agina at historic lows of 3.22%. At one time during the month the rate was down to 3.11%.

How the Interest Rate affects your purchasing power with a monthly payment of $1200:

3.22% $276,777.34 (12/3/2012)

4.50%
$236,833.39

5.00% $223,537.94

6.00% $200,149.94

7.00% $180,369.08

8.00% $163,540.19

9.00% $149,138.24

10.00% $136,740.98

11.00% $126,007.62

12.00% $116,661.10

Use this handy Calculator to figure out your payments for any mortgage!

Counties (Grays Harbor, Island, Jefferson, King, Kitsap, Lewis, Mason, Pierce, San Juan, Skagit, Snohomish, Thurston, Whatcom) in western WA

Residential sales: 26% increase
2012

4723

Bank owned: 11%

528

Short Sales: 14%

656

(2011 Bank owned 29% 1097) 2011
3752

(2011 short sales 9% 351) 2010
3064

2009
4012

2008
3160

2007
4008

2006
5586

Market Report for each county: 10/1/2012 - 10/31/2012

Market Report is residential sales only - condos, manufactured homes in parks, commercial and business opportunities are not included.

Grays Harbor: 8% increase

2012

79

Bank Owned: 19% of sales

10

Short Sales: 8% of sales

6

(2011 bank owned: 32%; 23)

2011

73

(2011 short sales: 7% 5)

2010

60

2009

68

2008

61

2007

87

Island County: 57% increase

2012

107

Bank Owned: 12% of sales

13

Short sales: 6% of sales

6

(2011 bank owned: 25%; 16)

2011

65

(2011 short sales: 5% 3)

2010

59

2009

88

2008

73

2007

75

JeffersonCounty: 37% increase

2012

37

Bank Owned: 3% of sales

1

Short sales: 3% of sales

1

(2011 bank owned: 19%; 5)

2011

27

(2011 short sales: 0% 0)

2010

25

2009

30

2008

22

2007

42

King county: 36% increase

2012

1962

Bank Owned: 7% of sales

145

Short Sales: 14% of sales

265

(2011 bank owned: 23%; 325)

2011

1442

(2011 short sales: 10% 141)

2010

1204

2009

1666

2008

1195

2007

1558

Kitsap County: 15% increase

2012

256

Bank Owned: 10% of sales

26

Short sales: 9% of sales

24

(2011 bank owned: 27%; 59)

2011

222

(2011 short sales: 9%: 20)

2010

159

2009

252

2008

232

2007

262

Lewis Conty: 7% decrease

2012

50

Bank Owned: 14% of sales

7

Short Sales: 8% of sales

4

(2011 bank owned: 31%; 17)

2011

54

(2011 short sales: 2% 1)

2010

43

2009

50

2008

42

2007

60

Mason county: 15% increase

2012

55

Bank Owned: 9% of sales

5

Short Sales: 9% of sales

5

(2011 bank owned: 31%; 15)

2011

48

(2011 short sales: 6%: 3)

2010

48

2009

60

2008

48

2007

73

Pierce County: 19% increase

2012

825

Bank Owned: 17% of sales

140

Short Sales: 18% of sales

146

(2011 bank owned: 40%; 274)

2011

693

(2011 short sales: 10%: 67)

2010

583

2009

785

2008

563

2007

717

San Juan county: 217% increase

2012

26

Bank Owned: 19% of sales

5

Short Sales: 4% of sales

1

(2011 bank owned: 17%; 2)

2011

12

(2011 short sales: 0%; 0)

2010

15

2009

15

2008

14

2007

14

Skagit County: 58% increase

2012

115

Bank Owned: 14% of sales

16

Short Sales: 9% of sales

10

(2011 bank owned: 30%; 22)

2011

73

(2011 short sales: 7%: 5)

2010

72

2009

93

2008

81

2007

140

Snohomish County: 10% increase

2012

721

Bank Owned: 16% of sales

114

Short Sales: 19% of sales

137

(2011 bank owned: 39%; 254)

2011

658

(2011 short sales: 13%: 86)

2010

472

2009

637

2008

413

2007

675

Thurston County: 21% increase

2012

282

Bank Owned: 9% of sales

26

Short Sales: 12% of sales

35

(2011 bank owned: 28%; 65)

2011

234

(2011 short sales: 6%: 14)

2010

220

2009

268

2008

265

2007

306

Whatcom County: 38% increase

2012

208

Bank Owned: 7% of sales

15

Short Sales: 8% of sales

16

(2011 bank owned:13%; 20)

2011

151

(2011 short sales: 4%: 18)

2010

153

2009

182

2008

146

2007

219

For Mason County

Total for all categories 2012
70

2011
61

2010
79

2009
62

2008
105

2007
174

Residential Sales    15% increase 2012
55

Bank Owned sales      9% of sales
5

Short Sales     9% of sales
5

2011
48

2010
60

2009
48

2008
73

2007
113

Vacant land sales     2012
11

2011
15

2010
9

2009
18

2008
13

2007
30

Maufactured Homes in parks 2012
2

2011
1

2010
3

2009
0

2008
0

2007
1

Multi-Family 2012
0

2011
0

2010
0

2009
1

2008
0

2007
1

Business Opportunities & Commercial 2012
2

2011
0

2010
1

2009
0

2008
1

2007
0

For a "Quick and Easy" search program for properties in Mason County -- Go here.

Posted by John Borgert on December 4th, 2012 11:46 AMPost a Comment (0)

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November Report: Active Listings/Bank Owned/Short Sales

November 8th, 2012 2:42 PM

Active Bank Owned and Short Sales

November 8, 2012 Active Bank Owned and Short Sales

This report is only accurate the day published. Total listings in residential homes have decreased a little since last month. Bank owned homes on the market have decreased somewhat since last month. Short sale inventory is down. Historic low interest rates of 3.99% for 30 year fixed mortgage are stimulating sales.

Totals for all 13 Counties:

Active: 16,355 Bank Owned: 882 Short Sales: 2315

Individual Counties:

County Active Bank Owned Short Sales

Grays Harbor
730

43

58

Island

720

25

63

Jefferson

415

11

18

King

4216

168

604

Kitsap

1400

75

205

Lewis
659

46

43

Mason
677

40

55

Pierce
3208

211

678

San Juan
368

6

14

Skagit
739

33

68

Snohomish
1652

118

282

Thurston
1167

70

152

Whatcom
1111

33

75

Many believe that there is a large "shadow inventory" of bank owned properties being held back by the banks, while others believe the shadow inventory is also shrinking. Time will tell. See article.

You can search bank owned homes at the Quick and Easy Search. Scroll to the bottom...

Posted by John Borgert on November 8th, 2012 2:42 PMPost a Comment (0)

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