Lewis County Real Estate, WA Market Report

Like all other places in the country, Lewis County Real Estate, WA has also suffered from the effects of the recession. Most of the property listings in the county are concentrated in the county seat located at Chehalis. The biggest city in the county is Centralia so this explains the fact that most buyers are looking for properties in the region in and around this city.

According to the available listings of Louis county real estate properties of approximately 1389 sq ft are priced around $ 190,000. An 1800 sq ft Lewis County home comes around $184,000. Lewis county properties with even a larger sq ft area, i.e. around 2320 sq ft cost around 385,000. These are the average prices and are subject to change from time.

The economic downturn has had an adverse effect on the Louis County real estate, WA. The prices of properties have gone down considerably. One other indicator of the deteriorating market condition was the increasing number of foreclosures. However, the worse seems to have been over and the local real estate market is once again looking up towards a brighter future.

It is important to study a real estate market report of a particular area if you are keen on buying a property there. This holds true for Lewis County homes for sale. It is important for a prospective buyer to study the trends of the market in the past quarters. You can consult profession real estate agents at JR Mc Gee for doing the same and get a clear picture of what the county holds for you.

Centralia, Washington Real Estate Market Report Analysis

Centralia is a city in Lewis County, Washington. The contract activity for pending home sales is at an all time high over the last six months. Due to the contract signs the pending homes for sales in Centralia are moving up. The affordability of the first time buyers is at a record high. The buyers are taking the low price rates in account when they buy properties. The $8000 tax credit measure taken by the U.S. government has had a boosting effect on the home sales. This has made it so that the home sales are getting completed in approximately 2 months. According to the mortgage plans the payment for mortgage accounts is only 25 percent of the families’ monthly income. If the homebuyers stay within their budget, the payments would be manageable.

Many market analysts are of the opinion that the worst is over, but the path to recovery is a long, continuous process. The steps taken by the government is a relief to the homebuyers as they can take mortgages at lower interest rates. A major problem in the real estate market is that there are many sellers but very few buyers. So for sellers to sell their property they have to lower their prices, which means less gain for them. The property sale can increase if the government provides this tax credit until the second quarter of 2010. The home sales pending index is one of the yardsticks in the real estate sector for that particular place. The gradual absorption of inventory is providing a general stability in the pricing factor of homes in Centralia, Washington.

As the market is speeding up, the realty sector is also showing a speedy recovery. If anybody is trying to invest in this sector, now is the right time. The pending home sales rose to almost 7 percent, which is a good sign. Not everything is positive as many of the properties are sold at giveaway prices, which are products of foreclosure and short sales. This on the other hand is hitting the rental market badly as the properties are sold at giveaway prices; people are buying homes rather than moving to rental apartments. According to the recent reports, rental unit vacancies have risen to almost 7.5 percent throughout the nation, which is all time high in the last 22 years. As the financial market is recovering from the recession it is expected that the realty sector will recover in the near future.

Washington Real Estate Offers Something for Everyone

Washington is one area in the United States that is favored by most people in search of a dream home or property. It lies in the northwest part of the United States and has a population of 6,549,224, most of which is based around the Seattle metropolitan area. This area is renowned for its cultural, business, transportation and industrial center.

Good job opportunities coupled with an easy commute to jobs, supportive government, physical beauty, host of activities for recreational purposes and quality entertainment makes it one of the top states of the country to live in. Home prices in Washington and the value of real estate in Washington are quite reasonable at the moment, when compared to some of the big and popular metropolitan areas of the country at large.

Washington has something to offer to everyone- whether you prefer city life or a home that is far away from the madding crowd, nestled in the bucolic charms of the countryside, or are looking for some adventure. The cities of Olympia, Snohomish and Seattle in the state of Washington have exactly what you are looking for. On the other hand Seattle and its downtown metro areas offer homes, penthouses, town houses, condominiums, studio apartments and single family homes.
Real estate statistic reports on Washington homes and Washington properties point out that, homes and properties in the state of Washington are among one of the most in demand in the realty market at present times. The effects of the downturn are waning with a positive recovery in the value of Washington homes and Washington real estate properties.

Real estate Olympia, WA - Market Report

If you are looking for homes for sale in Olympia it is important to judge the trend of the real estate market in here. Reviewing the trends would definitely give you an idea about what kind of a home you can buy in Olympia and how much you need to spend.

At present there are around 1,041 new homes and resale in Olympia. This includes nearly 4 open houses along with 286 other homes in the auction stages, pre-foreclosure stages or bank-owned stages pertaining to the process related with foreclosure.

The average price for listing homes for sale in Olympia was around US$ 360,913 for last week of the previous month and there was a decrease in 0.6% or US$ 2,097 in terms of value if the records are compared to the records of the week before.

The usual price quoted per square foot for homes for sale in Olympia is US$ 132 which has experienced a decrease of around 3.6% in comparison to the same period in 2008. The median sales price for homes for sale Olympia for the beginning of 2009 was US$ 227,222 which is according to the sale of 24 home. In comparison with the same period in 2009, the median sales price for homes was increased by 5.3% or US$ 11,407 in terms of value. The number of home that were sold there was a decrease of 52%.

The popular neighborhoods within Olympia consist of the Eastside and the North East side where the average price for listing ranges from US$ 250,237 to US$ 345,557.

Houses for sale Washington - Market Report

Reviewing the present trends of the real estate in Washington is important if you are trying to find a suitable house. To check you can go through the listings on the web for options, prices, information of all the neighborhoods. This will help you go through the options and buy a house which would permit your pocket.

Though for the last one year, the market had been badly hit by sub-prime crisis, yet real estate had yielded a reasonable turnover. In different counties of Washington State, the listings show a lukewarm response to the real estate activities. The average homes for sale Kent, as per the listing has been priced US$ 325, 465 though the median sale price is much lower at US$ 259,950 which is a decrease by nearly 18% from the previous year.

If you go through the trend of homes for sale Snohomish County, there is a rise in the average price of listing from the previous week’s listed price. The median sale price homes from November 2008 to January 2009 had been US$ 368,919. The median sale price for the homes in Olympia over the same period time is US$ 227, 222. The available land for sale Olympia is priced US$ 132 per sq feet

The houses for sale Washington had been showing a mixed response. In some counties the rate of decrease is much lower, which is a good sign. The listing is gradually exhausting and the number of foreclosed houses is reducing as well. The average price of houses in Washington is US$ 461,043. The average price of condos listed in Washington is US$ 350,000.

Real estate Olympia, CA

Olympia in California is experiencing a big boom in the field of real estate in recent times. The city of Olympia has diverse cultural neighborhoods with a good scope for jobs. Real estate Olympia, CA is offering homes for everyone who is thinking of moving to the city. There are different kinds of properties available in Olympia California. If you have a large family and wish to take a big house, then the real estate Olympia, CA can offer you stylish bungalows with sprawling lawns and all the modern amenities. Other than these lavish bungalows there are small homes for sale in Olympia too. You can also get condominiums and apartments too.

With the city experiencing more influx of people from all over the country and residing, Olympia is offering a great cultural diversity. Some of the most liked places in the city of Olympia happen to be Monroe, Everett and Waterfront. If you are planning to buy a property in one of these places you can get in touch with a good real estate agent. Homes for sale waterfront and other places differ in prices. So if you are looking for a house in Olympia you need to plan your budget beforehand.

Houses for sale Washington

Looking for a dream home of your choice? Why not consider some of the major areas of the world like Washington. Residing in one of the largest states of the United States make it much easier for you to get the best always in terms of good living, environment, transportation, lifestyle and others. Homes for sale WA are popular with buyers who are searching for new places to have their own new home.

The state of Washington brings about a lot of options to have your home. At present, Olympia and Kent forms to be two of the hot favorites in the State of Washington. Homes in Olympia enable you to enjoy a great weather, diverse population and a great lifestyle as a whole. For those who want to make their new home the way they like it to be, they can essentially contact a realtor a purchase a land for sale Olympia and get started with their plans.

The Washington real estate market continues to draw a large number of families of different sizes and shapes looking for homes in the heart of United States of America. One of the biggest perks of those homes for sale WA is that they include a dependable public transportation offering commutes to other major areas.

Have you joined the revolution? http://ping.fm/BRf6D

If you can see this then Ping.fm works

Roadmap to Rebound: Housing

If anyone thinks they can predict where this housing market is going, be careful.

Here are four, "Experts, and three totally different opinions."

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.JRMcGee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

Real Estate Bailout Eligibility

You might not be a massive bank, insurance company, or manufacturing company, but they claim 7,000,000 - 9,000,000 home owners will qualify for the latest round of help during this economic crisis.

Click to see if you are eligible 

You may be able to refinance, or even modify your current home loan.  As always, if you have more questions please contact me personally.  Details below.

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.JRMcGee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

History Repeats Itself

After World War II it was discovered that the Allied bombing, the invasion, and looting had destroyed much of the video footage of Hitler with his personal council.  Fortunately a video has surfaced that reveals how similar the current real estate crisis is to the crisis that hit Nazi Germany.

It is true, history repeats itself.

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.JRMcGee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

Real Estate Roller Coaster

This is a fun visual showing how real estate prices have grown and dropped in relation to inflation year by year starting from 1890 to 2007.  

Be sure to take note of the year shown on the bottom right corner, notice the amazing growth we have seen in the past 12 years nationally, and keep your hands in.  

Enjoy your ride on the Real Estate Roller coaster.  Oh yeah, if you need a real estate agent to sit with you on the ride down, just contact  "Your Personal Realtor: JR McGee"

JR McGee

"Your Personal Realtor"
(360) 623-2388
http://www.JRMcGee.com/
JRMcGee.com@Gmail.com

Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

Are We Made For More?

Today a truth has been revealed.  Even if we are highly educated and have a great job, it might not be there tomorrow.  Even if we tuck as much as we can into our retirement funds, it might be gone tomorrow.  Even if we live to retirement, our lives might be gone tomorrow.  With so much uncertainty, why would anyone spend their strongest years giving 8-12 hours a day to something that we bare or hate.

I must be admit, "I absolutely enjoy working in real estate."  I love what I do.  Providing a service at a very high level.  Serving friends, and new clients who also become friends.  Connecting people to each other.  Protecting the interests of my clients.  Seeing people accomplish a major goal in life.  I get a rush... a sense of purpose everyday being a part of the real estate industry.

Purpose?  Does everyone have purpose?  Looking at Jaymin, and thinking about all the children with Down's Syndrome or other special needs, I had to wrestle with the purpose for these children.  Jaymin has only been in our home now for 4.5 months, but he has a purpose in our family ... already!  Then I started finding videos like this one below.  I am sure many have seen how this autistic boy did the impossible, but I can watch this a hundred times.

What we do or did, should NOT define us.  Before J-Mac had he historic night in 2006 he 

was an inspiration.  An "opportunity" special needs children have is they have less expectations put on them by many of us so they get to focus on their strengths:  and worry less about being like everyone else.

I have come to the conclusion that "special needs" children are labeled incorrectly.  They might be less likely to win  a spelling bee, or a gold medal in the olympics, but they often live life fully;  whereas many "normal" people are depressed, hate work, spend their life earning money, working jobs they hate, for the purpose of spending money so they can impress the people they don't like. 

What is the point?  We all have purpose.  God engineered us at birth with strengths to complete our purpose.  We are not defined by what we do, but we are defined by our purpose.  Schools these days often incorrectly teach us to learn skills so we earn money.  Is our purpose in life to earn money?  How stupid.  Do we go to work these days just for money?  Shouldn't there be more to life than making money?  If you think there is more to life than making money, check out this video:

If we don't get killed along the way or get a terminal sickness we could live 70-100 years.

Why not live a life using strengths to live a purposeful life. After all, a man gaining great wealth, but not using his skill to accomplish his God given purpose would be like having a beautiful $100,000 car and never driving it, but turning it into a home. It would be a waste. I have to think God is more concerned about us living to fulfill our purpose, rather than doing a job we hate just to earn money.

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.JRMcGee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

Why Kids Misbehave

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.JRMcGee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

Big Brother, Big Business, Award Winning Documentary

It is logical, benificial, and makes great business sense for information technology to grow.  There are many benifits, but this outstanding documentory by David Fabor of CNBC is interesting.  

It reminds me of the Jurassic Park movie quote by Dr. Ian Malcolm: "Your scientists were so preoccupied with whether or not they could, they didn't stop to think if they should."

Like I said, our progress is logical, benificial, and I enjoy using it daily, but where are we going with it all?  Character, morals, and ethics will only become more important in leaders from this point forward.

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.JRMcGee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

Still A Great Time To Sell Your Home!

Many are saying this is a bad time to sell. I disagree. When the stock market was at 10,000 it was a great time to sell even if even though the market was at 14,000. Now the stock market is below 7,000, so those 10,000 prices are looking pretty good now.

In relation to the stock market, we are now doing the same thing in real estate. Todays prices could look very high in the future. This video is very interesting if you are considering the possibility of selling in the next couple of years. You may want to sell now.



JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.JRMcGee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

Reports Say, "America is Less Religious Now"

This week a report was published that has made it to the national media in print, radio, TV, and all over the Internet.  A pretty big deal.  

I have often asked the question, "What did Jesus really want from us?"  because it seems like we have lost focus.  If you are also curious about, "What Jesus wants", this video could be very interesting.

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.JRMcGee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

The USA Doesn't Have a Housing Problem

A little reality check is good. Sometimes we listen to the voices in the media and lose our minds. The USA is still an amazing place. We live in the top 10%. Our poor live in the top 20%. Yeah times are tough, but here are how some people are dealing with the current economy.









Ready to trade?

Give your children a taste of reality and send them with us to visit China or Africa.


JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.jrmcgee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

9 Wise Things To Do In 2009

If you would like to take Financial Peace University with Dave Ramsey, JR can help.  Just email JR below

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.jrmcgee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

Today's Real Estate Advice

A Wise Eeal Estate Plan

Should you buy or should you sell?  Or Maybe both!  Personal Financial Advisor Dave Ramsey is a man of common sense and wisdom.  Sometimes a bit of perspective will take teh edge off all the bad news.

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.jrmcgee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

Home Mortgage Rescue Plan

Here is a link to find out if you actually qualify for the Home Mortgage Rescue Plan

Contact the current holder of your loan.  You may have set up your loan through Wells Fargo, Washington Mutual, etc... but look on your monthly mortgage bill to see who is the current owner of the mortgage.  Contact them to start the process.

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.jrmcgee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

USA Mortgage Relief Plan

See the Video and CNBC Explanation

Some key points to tell you about:

• You can get paid bonuses for staying in your home, making payments ontime, and not forclosing 
  
• Can reduce your interest payment to as low as 2% 
  
• Extend time of loan to 40 years 
  
• Possibly forgive some principle 
  
• Designed to help over 9 million homeowners 
  

Still no info on who to contact about the plan if you are interested, but will keep you updated.

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.jrmcgee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

What Could Happen To The Economy?

Click Above Title or Cut and Past below link to Watch Video

This guy just makes sense. In the end of the video he talks about the need for Americans to have an internal government. "Do the right thing." If we don't, our democratic experiment called the "USA" will end before its 250th birthday.

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.jrmcgee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

Get $8,000 For Buying Before April 15, 2009

For those who buy a home this year before April 15, 2009, you can qualify for $8,000 this year.

The amount will be used to pay for your taxes first and the balance remaining will be sent to you.

Click to get the facts about the $8,000 buyer gift.

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.jrmcgee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

CNBC's Special "House of Cards"

So many questions about real estate and the economy:

• Why is the economy so bad?
• Why did real estate go up so fast and come down faster?
• Who is to blame?
• How can we prevent it from happening again?
• How bad is it going to get?
• When will it get better?

I need simple explanations to complex problems. The video link below might help you understand what has happened.

Many "experts" are saying this video by CNBC "House of Cards" is one of the best explanations.

Click the video above to learn a little about how we got into this economic mess

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.jrmcgee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis

Realtors Can Now Help Near Foreclosure Home Owners

Today, Wednesday, Feb. 25th, the Washington state Senate passed SB 5221, the Senate version of the fix to the distressed properties law, by a unanimous vote of 48- 0!

The bill's prime sponsor, Sen. Rodney Tom, told us today after the bill passed, "It's really important in these economic times that those sellers that find themselves in the unfortunate situation of being forced to sell their home will now have the service of Realtors to help them maneuver through a difficult selling environment to minimize a very difficult situation."

HB 1132, the House version of the bill, passed the House unanimously last week. Both versions of the bill will now be sent to the opposite chamber (House bill to Senate, Senate bill to House) to be considered.

We'll continue to keep you posted as key milestones are reached with these very important bills.

Thank you to Greg Wright, President of Washington REALTORS® for this news!

JR McGee
"Your Personal Realtor"
(360) 623-2388
http://www.jrmcgee.com/
JRMcGee.com@Gmail.com
Real Estate: Olympia, Lacey, Tumwater, Centralia, Chehalis