Vancouver, WA Real Estate News

By Dawn Workman, Camas Real Estate Expert, MBA, 480-540-8100
(Veracity Real Estate Group, LLC)
Are you thinking of flipping a house?  The perception is quick easy money but that may not be the case.  A flipper needs to think about tax consequences, repair costs, selling fees, and unexpected things that come up.  But the biggest consideration in the finances of a flip house is what house you pick.  Here are some tips in choosing the best flip house.   In part 1 of How to buy a flip house we talked location and how location is crucial in picking a flip house.   After you have identified your perfect house to flip, have made an offer and are in agreement with the seller.  you will need to get an inspection.   2.  Get an inspection- I get it you are trying to keep your costs down and you are handy.  But, this is an investment and a business.  If you miss something major trying to sav...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Strong Drop in Condo Sales for Vancouver WA this Month! Lack of closed-sales in the higher end part of the Condo market has kept the downward slant to the sales-price curve of late. With a few high-end Pending sales will that be enough to change this trend? Here the highlights for this month's report: Short term Condo Sales Price (3-Month Moving Average) are still falling and are now down to $256,615 which is only up 3% over the prior February; and the 12-Month Moving Average is up 15.95% from the prior year;     28 Resale Condominiums were sold in February, which is 14 fewer units sold (-33.3%) than in February 2018, and 11 fewer than last month;   REO/Bank Owned Condominium sales were 0 units (0% of total); down from 1 (2.4% of total) in February 2018.   Short Sale /Pre-Foreclosure p...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit-Sales Slip Significantly in February with Prices Still at Higher Levels Last month's slight slow-down became a larger slow-down this month, with unit-sales numbers off over 10% from the same month last year. Here are the highlights for Vancouver WA Home Sales this month: 254 Resale Homes were sold this month, which is 40 fewer (-13.6%) than the same month in 2018.   The 3-Month Moving Average Price Trend Line is still in a seasonal downward skid, but still showing a year-to-year gain of 8.46% ; with the 12-Month Moving Average up 8.86%.  Short Sale /Pre-Foreclosure property sales were 0 units (0% of total); down from 2 in February 2018 (0.7% of total). REO/Bank Owned home sales were 1 units (0.4% of total); compared to 3 units in February 2018 (1.02% of total).  The Active Invento...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Condo Sales Come In With a Modest Softening of Prices While Units-Sold Beat Last Year's Mark With the Holiday Season behind us, the Condo market in Vancouver is heating up again. This month we see Unit Sales up; while the Average Price has softened, at least temporarily; with Inventory still critically Low. Here are some of the highlights for our report this month: Short term Condo Sales Price (3-Month Moving Average) have retreated from their prior high down to $269,941 which is still up 6.9% over the prior January; and the 12-Month Moving Average is up 16.16% from the prior year;     38 Resale Condominiums were sold in January, which is 2 more units sold (5.6%) than in January 2018, and 6 fewer than last month;   REO/Bank Owned Condominium sales were 0 units (0% of total); no change ...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
A Mostly Typical January with Slower Sales, and Lower-than-Peak Sales Prices Relative to the most recent months the number of sales this month has not been as significantly lower than the same month in the prior year; and although the prices have retreated from the peak last summer, they are still up 8%+ from last year. We are also in an extremely low-inventory situation at the beginning of this year. Here are the key points for Vancouver's Residential Home Sales this month: 249 Resale Homes were sold this month, which is 11 fewer (-4.2%) than were sold in the same month in 2018.   The 3-Month Moving Average Price Trend Line has retreated slightly from the all-time high, showing a gain of 9.12% over the prior year; with the 12-Month Moving Average up 8.38%.  Short Sale /Pre-Foreclosure...
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By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
View Homes in Felida, WA with Nature as NeighborsFelida is a town in Clark County, WA that lies northwest of downtown Vancouver along the Columbia River.  Many of the homes in Felida feature views of Vancouver Lake, The Columbia River, Salmon Creek, or peaceful territorial vistas. One of its prominent natural features is the  Salmon Creek Greenway, a scenic trail in a natural preserve of streams and wetlands. It offers runners, walkers, and bicyclists sightings of deer, rabbits, raccoons and all types of migratory birds.  Here is a January Market Report for Felida:Here is the Full ViewHomes™ Market Report for Felida
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Condominium Unit Sales Post Reasonable Results while Prices Ease Slightly As we close out 2018, Condominium sales came in at just under the all-time high for Sales Price; while the actual number of units sold is off 89 (-14.17%) from last year as the number of units available for sale has not kept up with Demand. Here are some of the highlights for our report this month: Short term Condo Sales Price (3-Month Moving Average) is now at $292,519 which is up 17.53% over the prior December; and the 12-Month Moving Average is up 17.34% from the prior year;     40 Resale Condominiums were sold in December, which is 4 fewer units sold (-9.1%) in December 2017, and 3 fewer than last month;   REO/Bank Owned Condominium sales were 0 units (0% of total); no change from 0 (0% of total) in December ...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Another Month of Lower Unit - Sales As Prices Hold at a High Level It is turning out to be unusual for the end of this year to see the number of homes-sold declining measurably, while at the same time our expected seasonal-decline in sales prices has not happened at all.  In fact, we have fewer resale homes sold combined with Shrinking Available Inventory! Here are the key points for Vancouver's Home Sales this month: 296 Resale Homes were sold this month, which is 60 fewer (-16.9%) than were sold in the same month in 2017.   The 3-Month Moving Average Price Trend Line, edged up to another High, while gaining 9..03% over the prior year; with the 12-Month Moving Average up 9.33%.  Short Sale /Pre-Foreclosure property sales were 0 units (0% of total); down from 2 in December 2017 (0.6% o...
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By Dawn Workman, Camas Real Estate Expert, MBA, 480-540-8100
(Veracity Real Estate Group, LLC)
  Now Pending! Stunning move in ready home! WELL MAINTAINED Vancouver townhouse! - $279,900.00 Bedrooms: 3 Bathrooms: 2.5 Year Built: 2006 /APPROX Attached on: 1 Side Square Footage: 1710 Agent Name: Dawn Workmand Broker: Veracity Real Estate Group MLS #: 18171342 Price: $279,900.00 13725 NE 30TH CIR   Vancouver, WA 98682 View Map View More Photos Range/Oven Full Refrigerator Dishwasher Sink Disposal Microwave Patio Fenced Yard Stunning move in ready home! This WELL MAINTAINED GEM boast large bedrooms and TONS OF STORAGE. The downstairs has an OPEN FLOOR PLAN and kitchen that overlooks the family room as well as the LARGE private BACKYARD. The master suite has a large walk in closet as well as one of the secondary bedrooms. There are ceiling fans in all the rooms and a newer A/C unit. ...
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By Dawn Workman, Camas Real Estate Expert, MBA, 480-540-8100
(Veracity Real Estate Group, LLC)
  SOLD! Diamond in the rough TINY HOME in UP and COMING Vancouver NEIGHBORHOOD! - $150,000.00 Bedrooms: 3 Bathrooms: 2 Year Built: 1936 / FIXER Lot Size: 3K-4,999SF Square Footage: 864 Agent Name: Dawn Workman Broker: Veracity Real Estate Group MLS #: 18657128 Price: $150,000.00 3509 Q ST   Vancouver, WA 98663 View Map View More Photos Range/Oven This DIAMOND in the ROUGH is ready to be a CHARMING TINY HOME with ample space and 3 beds/2 baths. This UP AND COMING NEIGHBORHOOD is perfect for a long term investment but the price and current comps make is a great FLIP CONTENDER. Terra Firma is under contract to repair foundation. Estimated completion end of year. Seller to pay for foundation repairs and leveling of floors. Dawn Workman Dawn@DawnWorkman.com 480-540-8100 Congratulations on f...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit - Sales Plunging While Prices Hold at Season's High Unit-Sales volume has been crashing, while Average prices have been at a plateau for five months now. Highlights for Vancouver Real Estate and Home Sales this month: 342 Resale Homes were sold this month, which is 68 fewer (-16.6%) than were sold in November 2017.   The 3-Month Moving Average Price Trend Line, actually exceeded this year's previous high by $10, but is only 7.8% higher than the prior year; with the 12-Month Moving Average up 9.06%.  Short Sale /Pre-Foreclosure property sales were 0 units (0% of total); down from 2 in November 2017 (0.48% of total). REO/Bank Owned home sales were 0 units (0% of total); compared to 6 units in November 2017 (1.5% of total).  The Active Inventory for Resale Homes keeps shrinking and i...
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By Dawn Workman, Camas Real Estate Expert, MBA, 480-540-8100
(Veracity Real Estate Group, LLC)
  Now pending! Diamond in the rough TINY HOME in UP and COMING Vancouver NEIGHBORHOOD! - $150,000.00 Bedrooms: 3 Bathrooms: 2 Year Built: 1936 / FIXER Lot Size: 3K-4,999SF Square Footage: 864 Agent Name: Dawn Workman Broker: Veracity Real Estate Group MLS #: 18657128 Price: $150,000.00 3509 Q ST   Vancouver, WA 98663 View Map View More Photos Range/Oven This DIAMOND in the ROUGH is ready to be a CHARMING TINY HOME with ample space and 3 beds/2 baths. This UP AND COMING NEIGHBORHOOD is perfect for a long term investment but the price and current comps make is a great FLIP CONTENDER. Terra Firma is under contract to repair foundation. Estimated completion end of year. Seller to pay for foundation repairs and leveling of floors. Dawn Workman Dawn@DawnWorkman.com 480-540-8100 Congratulatio...
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By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
We love dining at Hudson's Bar and Grill at the Heathman Lodge, especially during the holidays. They really know how to deck the halls. Plus, award-winning Chef Ray Delgado's Northwest cuisine is top notch.  Last year, daughter Kelsea gave us a gift certificate for Christmas and we finally got a chance to use it. What a delightful evening we shared surrounded by festive holiday decor - and live carolers! My salmon was superb, and Bernie says his ribeye steak was cooked to perfection.   As lovers of Nature, we enjoy the rustic lodge atmosphere with massive Douglas fir log walls, the hand-carved dugout canoe hanging on the huge basalt fireplace, splashes of color from Pendleton woolen mills, a 24' Totem pole, and Andy Warhol's Cowboys and Indians artwork collection seen in various locatio...
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By Dawn Workman, Camas Real Estate Expert, MBA, 480-540-8100
(Veracity Real Estate Group, LLC)
  Perfect Vancouver condo ~ AMAZING location ~ GREAT amenities! - $220,000.00 Bedrooms: 2 Bathrooms: 2 Year Built: 2005 / RESALE Located on Floor #: 2 Floors in Bldg: 2 Square Footage: 1124 Agent Name: Dawn Workman Broker: Veracity Real Estate Group MLS #: 18309412 Price: $220,000.00 Homeowner Dues: $295/MO 14019 NE 20TH AVE E44   Vancouver, WA 98686 View Map View More Photos Range/Oven Full Refrigerator Dishwasher Sink Disposal Microwave Patio Swimming Pool Recreation Center Amazing location ~ IMMACULATE home ~ pure PERFECTION. This 2 bed/ 2 bath unit has TONS OF STORAGE, soaring ceilings and LARGE ROOMS. The kitchen has a lot of cabinet and counter space, and a walk in pantry. All appliances included. Great walk ability to shopping, restaurants, Legacy hospital, quick access to I-205...
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By Dawn Workman, Camas Real Estate Expert, MBA, 480-540-8100
(Veracity Real Estate Group, LLC)
  Just listed! Stunning move in ready home! WELL MAINTAINED Vancouver townhouse! - $279,900 Bedrooms: 3 Bathrooms: 2.5 Year Built: 2006 /APPROX Attached on: 1 Side Square Footage: 1710 Agent Name: Dawn Workmand Broker: Veracity Real Estate Group MLS #: 18171342 Price: $279,900 13725 NE 30TH CIR   Vancouver, WA 98682 View Map View More Photos Range/Oven Full Refrigerator Dishwasher Sink Disposal Microwave Patio Fenced Yard Stunning move in ready home! This WELL MAINTAINED GEM boast large bedrooms and TONS OF STORAGE. The downstairs has an OPEN FLOOR PLAN and kitchen that overlooks the family room as well as the LARGE private BACKYARD. The master suite has a large walk in closet as well as one of the secondary bedrooms. There are ceiling fans in all the rooms and a newer A/C unit. Call t...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Vancouver WA Condo Unit Sales Down, Prices Way Up in November 2018 We seem to be in another classic situation where there is an insufficient supply of condos to support the strong demand, causing unit-sales to post low numbers while the sales-prices keep rising. Here are some of the highlights for our report this month: Short term Condo Sales Price 3-Month Moving Average is now at $297,997 which is up 21.95% over the prior November; and the 12-Month Moving Average is up 19.16% from the prior year;     43 Resale Condominiums were sold in November, which is 7 fewer units sold (-14%) in November 2017, and 10 fewer than last month;   REO/Bank Owned Condominium sales were 0 units (0% of total); down from 1 (2% of total) in November 2017.   Short Sale /Pre-Foreclosure property sales were 0 u...
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By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
We are both so excited about the new Waterfront Park in downtown Vancouver, Washington. It connects the city with the Columbia River and opens up a new area to soak up Nature. Recently, we enjoyed a dinner with friends at Wildfin, followed by a walk on the 90-foot Grant Street Pier jutting over the river, it proved to be an exceptional experience. We kept overhearing, and saying to ourselves, some version of, “Wow, this is just incredible.”  The public hasn’t had access to the 7.3 acres of Columbia River waterfront in more than a century. Now we do! The park is part of a 32 acre, high density, mixed-use urban development that officially opened at the end of September, 2018.  In addition to restaurants and pubs, the park will have a large water feature, walking trails, an urban beach, an...
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By Dawn Workman, Camas Real Estate Expert, MBA, 480-540-8100
(Veracity Real Estate Group, LLC)
  Just listed! Vancouver condo with AMAZING location! - $220,000.00 Bedrooms: 2 Bathrooms: 2 Year Built: 2005 / RESALE Located on Floor #: 2 Floors in Bldg: 2 Square Footage: 1124 Agent Name: Dawn Workman Broker: Veracity Real Estate Group MLS #: 18309412 Price: $220,000.00 Homeowner Dues: $295/MO 14019 NE 20TH AVE E44   Vancouver, WA 98686 View Map View More Photos Range/Oven Full Refrigerator Dishwasher Sink Disposal Microwave Patio Swimming Pool Recreation Center Amazing location ~ IMMACULATE home ~ pure PERFECTION. This 2 bed/ 2 bath unit has TONS OF STORAGE, soaring ceilings and LARGE ROOMS. The kitchen has a lot of cabinet and counter space, and a walk in pantry. All appliances included. Great walk ability to shopping, restaurants, Legacy hospital, quick access to I-205 and I-5, ...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit - Sales Continue Falling, with Price at Peak for the Year Average prices have been at a plateau for the last four months, while unit-volume sales has kept falling at a brisk pace. Key points for Vancouver Home Sales this month: 378 Resale Homes were sold this month, which is 49 fewer (-11.5%) than were sold in October 2017.   The 3-Month Moving Average Price Trend Line, is still within $1k of this year's high, but is only 7.03% higher than the prior year; with the 12-Month Moving Average up 9.7%.  Short Sale /Pre-Foreclosure property sales were 1 unit (0.26% of total); down from 2 in October 2017 (0.47% of total). REO/Bank Owned home sales were 1 units (0.26% of total); compared to 4 units in October 2017 (0.9% of total).  The Active Inventory for Resale Homes slipped a bit to 1.7...
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By Dawn Workman, Camas Real Estate Expert, MBA, 480-540-8100
(Veracity Real Estate Group, LLC)
  Just listed! DIAMOND in the ROUGH is ready to be a CHARMING TINY HOME! - $180,000.00 Bedrooms: 3 Bathrooms: 2 Year Built: 1936 / FIXER Lot Size: 3K-4,999SF Square Footage: 864 Agent Name: Dawn Workman Broker: Veracity Real Estate Group MLS #: 18657128 Price: $180,000.00 3509 Q ST   Vancouver, WA 98663 View Map View More Photos Range/Oven This DIAMOND in the ROUGH is ready to be a CHARMING TINY HOME with ample space and 3 beds/2 baths. This UP AND COMING NEIGHBORHOOD is perfect for a long term investment but the price and current comps make is a great FLIP CONTENDER. Terra Firma is under contract to repair foundation. Estimated completion end of year. Seller to pay for foundation repairs and leveling of floors. Dawn Workman Dawn@DawnWorkman.com 480-540-8100 Congratulations on finding ...
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