Homebuying, not refinancing, drives mortgage applications up 2.3%

Slightly higher mortgage rates did not deter homebuyers looking for a loan last week.
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3 Bedrooms Homes in KITSAP WASHINGTON

EXCLUSIVE LIST of 3 Bedroom Homes in KITSAP WASHINGTON
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Kitsap County's May First-Time Homebuyer Report | Published: 5/28/2016 | Homesnap Real Estate News

With an 8.3% increase over the last 10 years, the population of Kitsap County is growing faster than other parts of the state. Also, with 251,133 residents, it is the seventh-most populated county in Washington. Bremerton, Bainbridge Island, and Silverdale are its three most populated cities. Homes in Kitsap County are relatively old with a median age of 29 years. The best schools in the county are Odyssey Multiage Program, Woodward Middle School, and Bainbridge High School.
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Wow! "Like" if you wouldn't mind waking up to an ocean view every morning!!

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Why homesellers are pulling back in this busy season

In the heart of the busiest season for housing, homesellers are pulling back. New listings in April fell 1.1 percent from a year ago, according to Redfin, a national real estate brokerage. That may not seem like a lot, but with the number of homes for sale extremely low and demand for homes high, the drop in new listings is unexpected and unwelcome. The reason has less to do with buyer demand and more to do with seller anxiety.
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Lowest rates in a year no enticement: Mortgage applications down 1.6%

Total mortgage application volume fell 1.6 percent last week from the previous week on a seasonally adjusted basis, according to the Mortgage Bankers Association. Volume was 18.4 percent higher than the same week one year ago.
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Take the GUESS MY HOME VALUE Challenge and Win Big!

Take the GUESS MY HOME VALUE Challenge and Win Big!
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Doesn't this look like the perfect spot to curl up & relax? What do you think??

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Would you LOVE a spacious backyard like this in your new home??

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Real estate market recap: May 2-6, 2016

The big news in real estate markets, recapped for your convenience
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Get a FREE - NO obligation, Instant Home Valuation

ATTENTION PORT ORCHARD WASHINGTON Home Owners! You may be SHOCKED to see what your home value is today!
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Check out this luxurious pool home! What do you think?! Is this what you're looking for?

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Kitsap County Real Estate Market Continues Streak in Home Sales | Published: 4/29/2016 |...

The Kitsap County market saw sales rise 0.9% and it is currently in the midst of a solid upward sales trend, including 331 homes sold over the last 30 days. The median sales price dropped to $270,000, down from last week's $274,925. The rising sales and a low two months of inventory mean that Kitsap County is a definite seller's market.
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Wow, what a beautiful indoor/outdoor living space! Would this be perfect for you and your family??

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Warren Buffett: There Is No Bubble in Real Estate

Warren Buffett says now is a good time to buy a house, though not as good as it was four years ago. Still, Buffett says he thinks the chances of housing prices collapsing are very low.
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Mortgage Rates Are Plummeting, and Here's Why You Should Care as an Investor

Here's your strategy to take advantage of today's dropping interest rates.
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Kitsap home prices ascend - North Kitsap Herald

Kitsap is “the eddy” to Seattle’s fast-current market, according to Frank Wilson, Kitsap district manager for John L. Scott Real Estate and a member of the Northwest Multiple Listing Service board of directors. “Our homes are still selling nicely, with a medium amount of multi-offer activity and a normal-market spring ramp-up,” he said. In March, the median closing price of a home in Kitsap County was $230,550 — a 32.10 percent increase over the same month last year, according to the Northwest MLS, which tracks real estate data in 21 Washington counties. Kitsap County tied with Tacoma for fourth-highest closed-sale price, behind No. 1 San Juan County, No. 2 King County and No. 3 Snohomish County. In March, real estate agencies reported 507 new listings in Kitsap County, 1,287 total active listings, 435 pending sales, and 246 closed sales.
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Look at this beautiful pool & outdoor living space! Is this what you're looking for in your new home??

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Home Renovation Without Aggravation

Think 2016 might finally be the year to tackle that big home renovation project you’ve been putting off? Welcome to the club. Fueled largely by the rebounding housing market, home improvement spending is projected to reach $155 billion this year, surpassing the peak set in 2006, according to Harvard’s Joint Center for Housing Studies. At the same time, the construction industry is in the throes of a massive labor shortage, having shed more than 2 million jobs since 2007.
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Are you a fan of this luxurious living space? Or would you prefer more simplistic home decor?

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