Market Trends Walla Walla Real Estate Update – May 2020 Governor Inslee extended the Stay Home Stay Healthy order through the month of May but tight supply combined with strong buyer demand in the Walla Walla Valley kept home values stable. Spring is typically the active listing season but many sellers delayed bringing their home to market while under the economic lockdown. Listing inventory remained […]
Covid-19 Resources A Guide to Mortgage Assistance During COVID-19 Mortgage relief options for homeowners who have been financially affected during COVID-19.
Covid-19 Resources Phase 2 – How “Stay Home, Stay Healthy” Impacts Real Estate On May 19, Governor Jay Inslee announced modifications to the “Stay Home, Stay Healthy” Order for Phase 2 re-opening. Real estate activities in Washington will resume in counties approved for Phase 2, with specific protocols. Our commitment during these challenging times to safely help our clients continue moving their lives forward. To do so, here […]
Market Trends Walla Walla Real Estate Update – April 2020   April’s real estate activity surpassed expectations but it was far from business as usual. The Governor’s “Stay Home, Stay Healthy” order deemed Real Estate an “essential business” due to the importance of housing during these challenging times.  Necessary property viewings were allowed under strict safety protocols and all other real estate activities were conducted […]
Community Neighbors in Need Raises Funds for Food Banks As COVID-19 affects countries across the globe, those who struggle with poverty and count on food programs to meet their basic day-to-day needs are in an especially uncertain place. While coping with increased demand, food banks are desperate for funds to continue to serve their communities. Because of this, Windermere challenged its offices to raise […]
Market Trends Walla Walla Real Estate Update – March 2020   As we report first-quarter real estate activity for the Walla Walla Valley, our state remains under Governor Inslee’s “Stay Home, Stay Healthy” order. And through these challenging times, our highest priority is the safety of our brokers, our clients, and our community. Although our local economy felt the impact of COVID-19 in late March, […]
Covid-19 Resources Virtual Buying & Selling We continue to work cautiously with buyers and sellers while following our Governors guidelines for delivering essential real estate services.  Our community’s safety is our utmost goal. To best serve our clients and communities we have many virtual home buying and selling tools available. Whether you are buying or selling, there are many ways we […]
Community How “Stay Home, Stay Healthy” Impacts Real Estate On March 28, 2020, Washington State Governor Jay Inslee amended his statewide “Stay Home, Stay Healthy” order to allow certain real estate activities to operate in the coming weeks. It’s important to understand that this change does not mean that real estate is returning to business as usual. Rather, there are protocols that brokers and […]
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Community Community Resources during COVID Local Resources and Connections Let’s be All In for supporting local businesses, providing resources for those in need, and keeping our community safe and healthy. The following organizations have compiled links and resources to aid businesses and individuals through the changes caused by the spread of COVID-19.     SHOP LOCAL Local Curbside, Takeout & Delivery Restaurants Facebook Group […]
Market Trends Walla Walla Real Estate Update – February 2020 Walla Walla Valley’s home sales and pending sales experienced annual increases during the month of February despite historically low inventory levels.  Through the first two months of the year, closed home sales were up 18% above last year’s pace and pending sales increased by 23%.  Low interest rates fueled buyer activity. Enough new homes came […]
Market Trends Walla Walla Real Estate Update – January 2020 Homebuyers got a head start over home sellers in the month of January.  January’s real estate activity saw home sales surge 20% above the number of sales that occurred in January of 2019, but the real story was the continued decline in the number of listings.  For the first time in more than 20 years, […]
Market Trends Walla Walla Real Estate Update – 2019 Year End Report Walla Walla Real Estate – 2020 Forecast: So what will 2020 bring?  To help answer that question, here is a summary from Windermere’s Chief Economist, Matthew Gardner:   US Economy:  Despite some concerning signs, the likelihood that we will enter a recession in 2020 has dropped to about 26%.  If we manage to stage off […]
Market Trends Walla Walla Real Estate Update – November 2019 Home sales remained active in November.  With one month left to report, the Walla Walla valley’s 4th quarter’s home sales surged 16% ahead of last year’s 4th quarter and year-to-date home sales have now pulled within 1.5% of last years pace.   Low interest rates and a slight annual increase in listings kept buyers active.  […]
Market Trends Walla Walla Real Estate Update – October 2019 Over the last month, sales, listings, and prices continued to trend upward in the Walla Walla Valley.  October became the 2nd most active home closing month yet this year and brought total annual home sales within 4% of last year’s pace. October also became the 5th month in a row to show annual monthly gains […]
Market Trends Walla Walla Real Estate Update – September 2019 September became the fourth month in a row in the Walla Walla Valley to post year-over-year monthly gains in listing inventory.  With approximately 2.5 months of inventory, Walla Walla’s market is still best categorized as a seller’s market.  However, annual inventory gains indicate the market is moving towards balance.  Should this trend continue, it will […]
Market Trends Walla Walla Real Estate Update – August 2019 Monthly home sales slowed a bit in the Walla Walla Valley as many focused on back to school activities.  However, both pending sales and the number of homes listed for sale increased.  The number of pending sales – homes under contract but not yet closed – grew 6% over the previous month.  While annual home […]
Market Trends Walla Walla Real Estate Update – July 2019 Sales activity picked up momentum in July and posted the most monthly closings of the year.  Pending sales – homes under contract but not yet closed – increased by 20% indicating that the brisk activity will continue as summer draws to a close. Growing listing inventory and favorable interest rates were contributing factors for the […]
Market Trends Walla Walla Real Estate Update – June 2019 Walla Walla Valley’s pending homes sales continued to increase in June, a positive sign from the month’s minor sales dip. This increase in contract signings mirrored the national trend. Lawrence Yun, National Association of Realtors chief economist, credits lower-than-usual mortgage rates, “Rates of 4 %, and in some cases even lower, have created extremely attractive […]
Market Trends Walla Walla Real Estate Update – May 2019 More sellers listed their homes for sale in May which brought a much-needed boost to the Walla Walla Valley’s listing inventory.  The number of listings grew 14% over the previous month and essentially equaled the number of homes available for sale 12 months ago.  Closed homes sales declined a bit from the previous month but […]
Community Annual Windermere Community Service Day – 2019 Every year since 1984, Windermere associates have dedicated a day of work to complete neighborhood improvement projects as part of Windermere’s Community Service Day. The 2019 Community Service day was held on May 31st. Our office spent the morning working in our community to make things a little brighter for our neighbors by staining benches […]