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A Message From Washington REALTORS®
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Get The Facts Straight
Our Key Message
The Washington real estate market is a stable and an excellent investment that you get to live in!
Facts About Foreclosures
The foreclosure rates today are the same as they were 10 years ago.
Fewer than one percent of mortgages end in default in Washington state.
As of mid-June, sub-prime, adjustable-rate loans represented 20 percent of loans nationally, but just 6 percent of home loans in Washington.
The Market is Strong
Home appreciation in Washington continues to out-perform the rest of the nation with year-to-year price increases every quarter since the spring of 1995.
The Market is Stable
Home prices in Washington have increased an average of 8.1 percent since the same time last year. Many
counties, however, have experienced price hikes much higher: Chelan 29.8 percent, Okanogan 24.5 percent; Douglas, 22.2 percent; and Lewis 19.3.
WSU Center for Real Estate Research (CRER)
The demand for median-priced homes has never been greater.
Why Washington Is Different
The home market isn’t keeping pace with the growth of the state’s population, which is continuing to increase at
1.8 percent per year.
The state’s population will increase by nearly one million over the present decade and reach 6.8 million by 2010.
About two thirds of the growth is due to in-migration; the rest is a result of the growth of families now living in
Washington.
Washington State Office of Financial Management
What About Inventory?
The key to stability in the residential real estate market is balance, where balance is about a six month supply (or
inventory) of homes available on the market at any given time.
Who we are
Washington Realtors® represent approximately 170,000 homebuyers and the interests of more than 2 million homeowners throughout the state.
Realtors ®’ top public policy priority is building communities that have a strong economy, attractive home choices, great schools and parks, safe neighborhoods, and good transportation choices.
Contact your REALTOR® for more information - Belinda Walker, REALTOR® 425-773-0974 View My Calculator Page |
Free counters provided by Andale.
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Suze Orman - "move to Seattle, Washington."
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On the October 18, 2007, Oprah Winfrey Show, financial guru, Suze Orman, counsels a California family about living the life they cannot afford.
 Orman wants the family to move to Seattle, Washington. The mom used to be a mortgage broker and could work at Starbucks while she moves back into that career. The husband works in technology and there are employment opportunities there. In addition Washington does not have state income tax like California does and will make their money go farther. California is one of the most expensive states to live in Orman tells the viewers.
See what home you can BUY in Seattle right now!
Need to SELL YOUR HOUSE in California?
Need a lender? CLICK HERE for the Washington State Lender Directory
Thinking about selling your home? Find out what's in (and what's OUT) with Homebuyers for 2007 - CLICK HERE to get the report. |
Edmonds Lynnwood & Snohomish County Washington Real Estate Information
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You can find a lot of great local Washington real estate information on Localism.com Belinda Walker is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business. |
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