Windermere Real Estate/BI, Inc.
Is your tree up yet? My youngest daughter asks when we are going to put our tree up about 400 times a day. Since we just put away our Halloween decorations and there are still pumpkins on our porch, I am thinking this weekend will be soon enough. Christmas is here . . . ready or not.
If you are on of those families who like to go and cut down your own tree, Kitsap County has many options. The Kitsap Sun put together this cool, handy map, check it out (click on the trees for detailed info):
View U-Cut Tree Farms in a larger map
Kick the holiday season off with the Downtown Holiday Open House. Retailers will be offering a variety of specials.
The fun will continue at the Community Tree Lighting Ceremony at 5:00pm that evening at the Bank Plaza. Enjoy hot ciders, treats and music by the BHS Band & Ovation! Special guest, Santa Claus, will be on hand to help light the 2012 Community Tree. And tomorrow is Small Business Saturday – another reason to support local merchants!
Visit Santa at Columbia Bank (Downtown Branch) with your wishlist and have your annual photo taken. Bring a non-perishable food item or cash donation to benefit Helpline House.
BPA calls it a “Kid-tastic, a holiday show for the entire family.” The classic Grimm tale is directed and translated by our own, Lisa Mandelkorn. Click here to find out more about show times and ticket prices. The special opening night reception is Friday December 7th at 6:30 pm and would make for a special family night out.
Venture downtown for art, holiday lights, refreshments & fun at the First Fridays Art Walk. Click here for a map and a list of participating retailers.
The Holiday Passport is back again this holiday season. Pick up a complimentary Passport from a participating retailer. Collect a stamp when you spend $10. Collect stamps from 50% of the businesses in the Passport Program and enter to win one of four Downtown Shopping Sprees, each valued at $1,200. Click here for more info. This year there will be a special kid’s passport (Elves on the Shelves). See the passport or a participating retailer for more info.
As a working mom the days can be long, but the years . . . they are way too short. I am continually stunned when the holidays show up each year. Yet, I love the down-time and the opportunity to reflect. In short, I am a lucky girl. I am thankful, very thankful, for health, family, friends . . . and this amazing place I call home.
Below is an article posted on businessweek.com regarding home prices rising in the U.S. Our tight inventory on Bainbridge is causing the supply/demand factor to kick in on pricing. This morning there are only 138 active listings on the island. Last week there were 145. 67 are pending today. At times in the last three years our inventory was a robust 200 plus. Many folks are hoping and waiting for spring to bring more inventory before they buy. However, I am predicting spring and summer will see multiple buyers/offers escalating prices.
By Prashant Gopal | 11-7-12
Prices for single-family homes rose in 81 percent of U.S. cities as the property market extends a recovery from the worst crash since the 1930s. The median sales price increased in the third quarter from a year earlier in 120 of 149 metropolitan areas measured, the National Association of Realtors said in a report today. In the second quarter, 110 areas had gains.
Values are climbing after a six-year slump as buyers compete for a shrinking supply of properties listed for sale. U.S. home prices jumped 5 percent in September from a year earlier, the biggest 12-month increase since July 2006, CoreLogic Inc., an Irvine, California-based real estate data provider, said yesterday.
“The housing recovery still faces a number of potential headwinds,” Paul Diggle, property economist for Capital Economics Ltd. in London, said in a note to clients after CoreLogic’s report was released. “But our central case is that tight supply conditions will mean that house prices will continue to rise steadily next year.”
At the end of the third quarter, 2.32 million existing homes were available for sale, 20 percent fewer than a year earlier, according to the Chicago-based Realtors group.
The national median price for an existing single-family home was $186,100 in the third quarter, up 7.6 percent from the same period last year, the Realtors said. Foreclosures and short sales, in which the price is less than the mortgage balance, accounted for 23 percent of third-quarter deals, down from 30 percent a year earlier.
The share of all-cash home purchases fell to 27 percent in the third quarter from 29 percent a year earlier. Investors, who make up the bulk of cash purchasers and compete with first-time buyers, accounted for 17 percent of all transactions, down from 20 percent a year earlier.
The best-performing metro area was Phoenix, where prices increased 35 percent from a year earlier. Prices rose 28 percent in the Cape Coral, Florida, area, and 27 percent in Akron, Ohio. The Raleigh, North Carolina, area had the biggest decline, with the median selling price falling 16 percent in the quarter. It was followed by York, Pennsylvania, with an 9.4 percent decrease; and Binghamton, New York, with a 6.6 percent drop.
A survey by Fannie Mae, the nation’s biggest mortgage- finance company, showed Americans expect home prices to increase an average of 1.7 percent in the next 12 months. The share of respondents who said they expect home prices to decrease fell to 10 percent last month, down 13 percentage points from a year earlier and the lowest level since the monthly survey began in June 2010, Washington-based Fannie Mae said today.