From its historic Main Street—honored as one of the best in America—to the more than 120 local wineries that make this a top wine destination, Walla Walla is gaining national recognition. Our secret is finally out, and Windermere agents and support services will help you be part of this exciting market.
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Walla Walla Community News
May 15th, 2013
Windermere Walla Walla Park Project
We donate a portion of the proceeds from every home purchased or sold to our community. By working with a Windermere Broker, you helped us make some nice improvements to the Washington Park. Thank you! We also want to thank the coaches and players of the Walla Walla Futbol League for their help! Enjoy our video.
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May 6th, 2013
Walla Walla Real Estate Update – May 2013
After several years of favoring buyers, Walla Walla’s real estate market is moving in the seller’s direction. A year ago, our market had nearly 10 months of inventory and the number of homes available for sale exceeded buyer demand putting downward pressure on prices. Currently, our total MLS inventory has declined to approximately 7.5 months – just 6 months for Walla Walla and College Place. The National...
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April 25th, 2013
Bowling Fundraiser Supports Local Charities
Windermere Walla Walla recently held its 4th annual bowling fundraiser benefiting the Windermere Foundation. Every dollar we raise locally through events like this and through agent donations is distributed among many social service agencies committed to assisting low-income and homeless families throughout the Walla Walla Valley. We want to thank our sponsors and all those who participated. Here is a short video of our...
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April 5th, 2013
Walla Walla Real Estate Update – April 2013
The positive trends continue for Real Estate in the Walla Walla Valley. Through the 1st Quarter of 2013, home sales continued to increase over the previous year. The increase in home sales, accompanied by a decrease in foreclosure and short-sale listings, has contributed to year-over-year declines in the number of homes for sale. And while sales are most active below $250,000, we have started to see more activity in the...
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March 6th, 2013
Walla Walla Real Estate Update – March 2013
The National Association of Realtors recently reported that pending home sales rose 9.5% above January of 2012 and have been above year-ago levels for the past 21 months. This forward-looking indicator tracks when a contract is signed but the transaction has not yet closed. Walla Walla’s pending home sales are up as well. New contract signings at the end of February are 20% ahead of a year ago. We are also seeing continued...
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February 11th, 2013
Walla Walla Real Estate Update – February 2013
Higher home sales and growing optimism on the jobs front are further signs of a stabilizing real estate market, Fannie Mae recently concluded, and many of Walla Walla’s home buyers and sellers are feeling more optimistic as well. January Listings: 339* As we begin 2013, Walla Walla Home sellers are benefitting from an increase in buyer activity and a decrease in listing inventory. Walla Walla’s listing inventory...
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January 10th, 2013
Walla Walla Real Estate Year End Report – December 2012
2012 was a good year for Walla Walla’s Real Estate Market. Throughout the year, three consistent trends confirmed that our recovery was underway and very real. Declining listing inventory: Walla Walla ended the year with 312 listings, a decrease of 12% from the end of last year. Our market is now down to around 5 months of inventory which most economists consider to be an evenly balanced market between buyers and...
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December 6th, 2012
Walla Walla Real Estate Update – November 2012
Positive trends continued through November for the Walla Walla real estate market. Sales increased 15% over the previous month and with just one month to go, home sales have already surged 16% ahead of last year’s pace. Additionally, the number of homes available for sale continued to decrease. At our current sales rate, the inventory of homes on the market has decreased to a 6.3 months’ supply, a level which most...
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November 15th, 2012
New Fannie and Freddie Rules Streamline Short Sale Process
Fannie Mae and Freddie Mac have recently issued new short sale guidelines to their mortgage servicers. The intent of these new guidelines is to consolidate existing short sales programs into one standard short sale program, and streamline program rules in order to quickly and easily qualify eligible borrowers for short sales. The new guidelines took effect November 1, 2012. The new process should benefit buyers with shorter...
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November 6th, 2012
Walla Walla Market Update – October 2012
October’s 37 home sales brought Walla Walla’s total home sales for the year to 399. This represents a 56 home sale increase over the same period last year and with two months to go we are already within 15 sales of last year’s total sales of 414*. This year’s sustained increase in home sales, decreased listing inventory, and stabilized home prices all indicate our local housing recovery is well underway. Listings:...
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