Vancouver Wa Real Estate - Elite Realty NW

Starter Homes Are Drying Up In Vancouver Washington!

We have spent a huge amount of time on the MLS lately searching for those classic first time buyer starter homes.

Two months ago a search for homes up to $200,000 would have provided a list of 60 or 70 homes to comb through. We would filter out the junk and pass the remaining 20 to 25 homes to our clients for consideration.

Today, that same search is giving us a list of only 40 to 50 with the majority of them being major fixers or short sales which inexperienced agents are clearly under pricing them. A search this morning rendered only 5 homes in Clark County that were worth looking at and available to purchase today!

I am afraid that there are going to be large numbers of first time home buyers in this area who end up settling on something less than what they want or miss the boat all together.

Is it possible that we have bottomed out at the first time home buyer level of the market?

When you choose us to handle your Vancouver Washington real estate needs, you choose a team of Realtors® who care about you and your family. Buying or selling a home is always more enjoyable when you work with professionals who will listen to your needs and who will work together with you to achieve your objective. We are very familiar with all types a real estate in Clark County and we specialize in Vancouver, Ridgefield and Battle Ground. We are also very experienced with new home and custom home construction having assisted several local builders in selling new neighborhoods in the Vancouver Washington area.  Additionally, we have helped numerous families build their own Vancouver Washington dream homes. We are dedicated to helping you make intelligent, informed decisions and to providing you with exceptional service. Go to www.ernw.org for more information. See our video here.