Paul Henderson, REALTOR®, Fathom Realty WA LLC, Kitsap & Mason County, Washington's preferred real estate Agent & Broker We love life, not because we are used to living but because we are used to loving!Attributed to Friedrich NietzscheThank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, © 2008-2023, all rights reserved. All information is deemed reliable; however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author... 01/28/2023

Your Voice is NeededAdvocating for Housing in Your Community I don't know about you, but I walked away from the 2023 Real Estate Success Summit charged up and ready to really ramp up my voice when it comes to creating more housing and especially affordable housing in my community and throughout Washington State! Since housing starts began to decline after the Great Recession, and then plummeted, I have been warning everyone who would listen about the challenges our housing market would be facing if more homes could not be built. In fact, I predicted that the spring of 2021 would be the beginning of one of the most challenged housing markets anyone had ever seen. But little did I know that at the time of my prediction that COVID was around the corner about to make the situation worse. A... 01/27/2023

Paul Henderson, REALTOR®, Fathom Realty WA LLC, Kitsap & Mason County, Washington's preferred real estate Agent & Broker Find a job you like and you add five days to every week!Attributed to H. Jackson Brown, Jr.Thank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, © 2008-2023, all rights reserved. All information is deemed reliable; however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author... 01/27/2023

Paul Henderson, REALTOR®, Fathom Realty WA LLC, Kitsap & Mason County, Washington's preferred real estate Agent & Broker The ultimate tragedy is not the oppression and cruelty by the bad people but the silence over that by the good people!Attributed to Martin Luther King, Jr.Thank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, © 2008-2023, all rights reserved. All information is deemed reliable; however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author... 01/26/2023

Real Estate 101  1/25/2023  (Quotes to help & motivate you!)Don't be afraid to give up the good to go for the great!Attributed to John D. RockefellerThank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, ©2008-2023, all rights reserved. All information is deemed reliable; however it should be however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author… 01/25/2023

Real Estate 101  1/24/2023  (Quotes to help & motivate you!)Perpetual optimism is a force multiplier!Attributed to Colin PowellThank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, ©2008-2023, all rights reserved. All information is deemed reliable; however it should be however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author… 01/24/2023

Real Estate 101  1/23/2023  (Quotes to help & motivate you!)Discipline is the bridge between goals and accomplishment!Attributed to Jim RohnThank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, ©2008-2023, all rights reserved. All information is deemed reliable; however it should be however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author… 01/23/2023

2022 started out the year with both historically low interest rates and record low inventory.  This created a very hot (seller’s) market across the NWMLS and the Greater Seattle condo market.  For example, 2021 ended with the Freddie Mac 30 year fixed rate of 3.05% and NWMLS had 0.40 months of housing inventory.  In comparison, at the end of 2022, Freddie Mac 30 year interest rate was 6.42% and inventory was at 2.09 months.  Thus the real estate market changed drastically over the course of the year.  Nevertheless, the condo market had modest increases at year end.  Across the NMWLS, condo prices were up 1.15% in December 2022 compared to December 2021.  In addition, for the year, 2022 median prices finished above the previous year.Looking at the Seattle condo market, where the vast maj... 01/23/2023

Nationwide we are seeing reports that the number of Existing Home Sales have Declined for 11th Straight Months; and want to show our readers what we are seeing in the local Vancouver Washington market, and to provide a couple of additional reasons, beyond the massive rise in home loan rates, why we are seeing fewer home sales of late.We have prepared the attached graph that shows the rolling-averages (3-month and 12-month) tracking the existing home sales in Vancouver WA:We can see from the chart the existing sales losing their annual upward momentum around Spring 2022. This is also clearly a strong move to the downside such that the 3-month average never rose above the 12-month line; and ended the year at a point we haven't seen this low in 8 or 9 years!Nationwide the annual decline wa... 01/23/2023

Paul Henderson, REALTOR®, Fathom Realty WA LLC, Kitsap & Mason County, Washington's preferred real estate Agent & Broker A single twig breaks, but the bundle of twigs is strong! Attributed to TecumsehThank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, ©2008-2023, all rights reserved. All information is deemed reliable; however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author... 01/21/2023

Building the Right Inventory Today I want to talk about Governor Inslee’s State of the State. I was really pleased to see such a strong focus on the on-going housing supply shortage. I’ve been talking about the lack of housing inventory since 2008 and the Great Recession. There are a lot of factors, since then, that have contributed to our current housing crisis. The obvious solution is to build more houses, right? But there’s a lot more that goes into it. We need to be building the right kind of houses. It’s all about the right size, the right price, and the right place. Watch the video for more information! Follow Denise on Facebook Follow Denise on Twitter  By Denise Lones CSP, M.I.R.M., CDEI - The founding partner of The Lones Group, Denise Lones, brings nearly three decades of exp... 01/20/2023

The NWMLS and greater Seattle real estate market changed over the course of the year.  2022 started with a very hot (sellers’) market with both historically low interest rates and record low inventory.  For example, 2021 ended with the Freddie Mac 30 year fixed rate of 3.05% and NWMLS had 0.40 months of housing inventory.  In comparison, at the end of 2022, Freddie Mac 30 year interest rate was 6.42% and inventory was at 2.09 months.  Despite these changes, 6.42% fixed rate is well within the normal range of the 50+ year history of Freddie Mac.  In addition, inventory of 4 to 6 months is typically considered a balance real estate market.  Thus,  anything below 4 months is a seller’s market.  Nevertheless, since the market conditions change so quickly in 2022, to many buyers and sellers ... 01/20/2023

Paul Henderson, REALTOR®, Fathom Realty WA LLC, Kitsap & Mason County, Washington's preferred real estate Agent & Broker To acquire knowledge, one must study; but to acquire wisdom, one must observe! Attributed to Marilyn vos SavantThank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, ©2008-2023, all rights reserved. All information is deemed reliable; however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author... 01/20/2023

What are VA Home Loan Limits in Snohomish County, Wa?You might be surprised they're well over $600,000. Click the video to watch a 1 minute video explaining the zero down loan limits, type of homes that qualify (view all VA qualify homes here), and more. If you have questions please send a message or give me a call at 425-210-0709 to discuss using your VA Eligibility. 01/19/2023

Paul Henderson, REALTOR®, Fathom Realty WA LLC, Kitsap & Mason County, Washington's preferred real estate Agent & Broker Thank you for life, and all the little ups and downs that make it worth living! Attributed to Travis BarkerThank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, ©2008-2023, all rights reserved. All information is deemed reliable; however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author... 01/19/2023

The December 2022 Real Estate Sales Action Still Suggest a Seller's Market in Vancouver Washington!The Snapshot graphic below is provided by RMLS to show us many of the key home sales metrics for Vancouver, Clark County and Southwest Washington:Even though the real estate market is "slower" than it was in early 2022; these statistics for one of the slowest months of the year show rather strong activity.For example, a total market time of 52 days is relatively brisk (it is several days lower than December 2019) for this time of year. We also see Pending Sales exceeding New Listings; which tells us the Available Inventory is declining!Also, the statistic shown at 1.9 months includes New Construction. When looking at only Pre-Owned Inventory, the number shrinks to 0.8 months worth!!! This ... 01/18/2023

Paul Henderson, REALTOR®, Fathom Realty WA LLC, Kitsap & Mason County, Washington's preferred real estate Agent & Broker We humans absorb a lot of negativity in this world, but dogs are pure joy! Attributed to Zak BagansThank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, ©2008-2023, all rights reserved. All information is deemed reliable; however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author... 01/18/2023

Real Estate 101 plus 1/17/2023  (Quotes to help & motivate you!)Climbing to the top demands strength, whether it is to the top of Mount Everest or to the top of your career!Attributed to A. P. J. Abdul KalamThank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, ©2008-2023, all rights reserved. All information is deemed reliable; however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author... 01/17/2023

Paul Henderson, REALTOR®, Fathom Realty WA LLC, Kitsap & Mason County, Washington's preferred real estate Agent & Broker Focus on the journey, not the destination. Joy is found not in finishing an activity but in doing it! Attributed to Greg AndersonThank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, ©2008-2023, all rights reserved. All information is deemed reliable; however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author... 01/17/2023

Real Estate 101 1/17/2023 (Quotes to help & motivate you!)By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest!Attributed to ConfuciusThank you for reading and commenting on my blog post! This post was researched, authored, and photo by Paul Henderson, REALTOR®, ©2008-2023, all rights reserved. All information is deemed reliable; however it should be independently verified by the reader. Any reproduction of this blog post is prohibited without the prior written permission of the author... 01/17/2023