Alward & Associates Real Estate

08/19/2021

August 2021 Market Update in Real Estate - must watch if you are thinking about buying or selling!!

07/09/2021

Is the market shifting? While we are still experiencing very low inventory in our market as a whole, the luxury market is seeing signficant changes. Watch the latest market update video to learn more!

JULY 2021 MARKET UPDATE IN REAL ESTATE

03/19/2021

Top 3 things to know about the Real Estate market right now:

1) While we were hoping to finally start seeing relief from low inventory, the problem actually go worse! We only have 370 active properties on the market in all of Clark County! That's 18% less than what we had in January this year!

2) Our median list price is $440,000 - which is almost 10% higher than a year ago!

3) Rates have increased significantly over the past month to about 3.5%.

Watch this month's market update video to find out more!

02/10/2021

4 things to know about the Real Estate market right now!

1) We are at just over 2 weeks of inventory! A healthy and balanced market is between 3-6 months. 42% of that inventory, is new construction.

2) We have just under 4x as many pending properties as we do active! This means our demand is heavily outpacing supply, which is causing prices to increase.

3) Interest rates are between 2.5 - 3% and expected to stay in the 3% range for the remainder of 2021.

4) The National Association of Realtors forecasts that home prices will increase by 8% nationally in 2021.

04/13/2020

COVID-19 and the Housing Market - April 13th, 2020 Update

Three things to know about the real estate market:

1) Buyer demand is still high, especially under 450K. We have a shortage of inventory for buyers to choose from. We have less inventory but more pending properties than this time last Spring.

2) Over the past week, 4% of listings had price reductions that were $5,000 or more. Only 3% of pending properties came back on market.

3) New construction represents roughly 35% of all of our inventory in Clark County, WA. With residential new construction considered non-essential under "Stay at Home" order, we may see a shift of buyer demand towards pre-existing homes due to timeline constraints.

1321 total active listings
1149 total pending properties

-Over the last 7 days-

178 coming soon/ new active properties
149 properties went pending
81 properties sold

03/30/2020

Over the weekend, WA Governor Jay Inslee deemed realtors essential! With restrictions of course, we are now able to show property and meet with sellers in person.

We are still doing a majority of our appointments virtually but happy we are able to show homes again! 😃

03/24/2020

*****Update on Coronavirus and it's imact on housing*****

The Real Estate industry is changing quickly and adapting to the the changes we are seeing due to the Coronavirus. We have still seen low inventory and more pending properties than active properties - even today. Homes under the 500K price range are selling the quickest.

While we may not be able to meet in person during this time, we are still open and working with our clients to:
- schedule Zoom / FaceTime consultations with home buyers and sellers
- schedule virtual and video tours of available properties
- strategize the best practices and most effective ways to promote seller's homes
- bring current escrows to closing, working with lenders and title companies

Call or text 360-213-3013 with questions or to schedule a virtual consultation!

03/20/2020

Just listed in the heart of Vancouver - great investment property!
3 bed | 2.1 bath | 1624 sf | $315,000

For those who are staying home due to COVID-19, how amazing are these virtual tours? Explore 3D tour here: https://my.matterport.com/show/?m=A2pfT13epSJ&brand=0

Thank you Portland Picture for the awesome 3D virtual tour. In times like these, we are moving towards virtual or small group tours to keep our community safe 🥰

https://alwardandassociates.com/2601-ne-131st-ave

2601 NE 131st Ave presented by Alina Alward, local Real Estate expert in Vancouver, WA

02/27/2020

Simple staging like switching to neutral pillows and blankets is an inexpensive way to add appeal and value when selling your home.

One of my favorites parts of being a Realtor is helping my clients stage their homes to get the highest price and a quick sale! 🏡

Can’t wait for this contemporary townhouse in NE Portland to go live! 😍

01/29/2020

What are the top real estate economists predicting for the housing market in 2020? Watch this short video to see our market prediction for 2020 and find out if NOW is a good time to buy and sell!

https://youtu.be/roRyqG7n8_Q

For more info, visit www.alwardandassociates.com/market-update

What are the top real estate economists predicting for the housing market in 2020? Watch the video to see our market prediction for 2020 and find out if NOW ...

01/17/2020

If you want to be more educated about the real estate market, make sure to watch our latest market update video! We are reviewing the last 20 years in Real Estate in Clark County, WA and the astonishing home price history throughout the Great Recession.

11/28/2019

There is so much anxiety and uncertainty about the real estate market. Don't just read the doom and gloom news headlines - watch this video to really be educated about the facts and what is actually happening in the market.