Wednesday, October 20, 2010

Real Estate Update for Clark County and Vancouver WA, September 2010

Homes For Sale in Clark County and Vancouver picking up the Pace.

Clark County and Vancouver WA real estate has been steadily improving after an unusually slow early Summer. We are using the Vancouver MLS (covers Clark County Washington also) to obtain a quick snap-shot view of what happened real estate wise within the confines of Clark County Washington (Vancouver USA is the largest community) for the month of September. Here is what we have to report:
Clark County and Vancouver WA Real Estate Sales Results for September 2010

From this quick view we have just under a year's supply of homes for sale in Vancouver WA. The improvement in sales this late summer time both reflects the families wanting to be in the right home for the starting school year, and with the fantastically low home loan interest rates.

Key items we are looking for the Clark County market turnaround are not just an increase in the number of transactions and firming-prices but, an increase in the "Normal Sale" (i.e., non-Pre-Foreclosure / Foreclosure) Category. In our opinion with about 44% of the Pending status homes being 3rd party or Foreclosure transactions (an increase from last month), we are likely at the bottom. Prices have been relatively flat, with some up and down, which is a typical sign of base-building.

If you are looking to sell your home in Clark County
or Vancouver Washington in this challenging market time please call or e-mail us with the details of your situation and we'll customize a marketing plan to get your Home Sold!
The largest city in Clark County WA is Vancouver Washington. Other towns include: Amboy, Battle Ground, Brush Prairie, Camas, Ridgefield, Washougal, parts of Woodland and Yacolt.
1) 3rd Party = sales contract requiring approval of a third party; includes Short-Sales, Trust Sales, Relocation Company sales, etc.
2) Pre-Foreclosures = aka Short-Sales where the lending bank(s) agrees to take less, allowing a sales transaction to take place.
3) Foreclosures = aka REO's and Bank Owned Homes, already Foreclosed by the Lender(s).
4) PENDING = listed homes that have been marked as under contract by the listing agent during the past 30 days.
5) SOLD = listed homes that have been marked as closed sales by the listing agent in the past 30 days. Note: some of these sold homes may have been "pending sales" for far more than 30 days!

Disclaimer: this information is drawn using custom search parameters from the predominant MLS system covering Vancouver Washington and is not guaranteed to be accurate.

The above information was provided by John Slocum and Kathryn Alexander, recognized as one of the top teams at REMAX Vancouver WA. We hope you enjoy the information in our posts, including videos on real estate and Homes for sale in Vancouver Washington and the rest of Clark County.

Thinking of selling your home in this market? We have the insight and passion for selling homes to get you moving!

Visit our website to learn more about Vancouver Washington, Camas WA real estate or Battle Ground WA real estate.

PS - Nobody sells more real estate than RE/MAX. Look to John Slocum and Kathryn Alexander for Vancouver WA Homes For Sale

Vancouver WA Homes for sale: Visit to explore real estate in Vancouver Washington!

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