Southwest Washington Real Estate Blog

Below is the 2018 annual report on the Lewis County housing market.  This detailed real estate market report covers the entire year and breaks down the real estate activity for both residential and condominium sales for all areas including Ryderwood, Ariel, Carrolls, Castle Rock, Cougar, Kalama, Kelso, Longview, Silverlake, Toutle, and Woodland.

Northwest MLS Market Snapshot

 

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Below is the 2018 annual report on the Lewis County housing market.  This detailed real estate market report covers the entire year and breaks down the real estate activity for both residential and condominium sales for all areas including Amboy, Battle Ground, Brush Prairie, Camas, La Center, Ridgefield, Washougal, Woodland, Yacolt, and Vancouver.

Northwest MLS Market Snapshot

 

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Below is the 2018 annual report on the Lewis County housing market.  This detailed real estate market report covers the entire year and breaks down the real estate activity for both residential and condominium sales for all areas including Glenoma, Mineral, Morton, Packwood, Randle, Centralia, Chehalis, Cinebar, Curtis, Ethel, Mossyrock, Onalaska, Pe Ell, Salkum, Silver Creek, Toledo, Vader, and Winlock.

Northwest MLS Market Snapshot

 

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The 2018 annual housing report from the Northwest MLS is below.  This report covers Adams, Chelan, Clark, Cowlitz, Douglas, Ferry, Grant, Island, Jefferson, King, Kitsap, Kittitas, Lewis, Lincoln, Mason, Okanogan, Pacific, Pierce, San Juan, Skagit, Snohomish, Thurston, Wahkiakum, and Whatcom counties in the State of Washington.  The 2018 Annual Report on the Northwest MLS Housing Market provides an overview of the real estate market for the entire year for both residential and condominium real estate sales.

Northwest MLS Market Snapshot

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KIRKLAND, Washington (March 6, 2019) – Seattle’s snowiest month in 50 years had an obvious chilling effect on February’s housing activity, agreed officials with Northwest Multiple Listing Service. Statistics for last month show pending sales dropped nearly 14 percent compared to the same month a year ago.

Northwest MLS Market Snapshot

“The winter weather brought the market to a halt,” stated John Deely, principal managing broker at Coldwell Banker Bain. He said last month’s series of snowstorms and frigid temperatures had a negative impact on the typical momentum that builds at the beginning of the year.

“Showing activity dropped more than 41 percent the week of the heaviest snow, and weekend keybox activity was down 80 percent,” Deely reported. “The end of the month picked

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By: HouseLogic

Real Estate Contract

It’s not always about the money (except when it is).

The day will come — and it will be a wonderful, joyous, do-a-happy-dance day — when you receive an offer, or multiple offers, for your home.

And on that day, you’re going to face a question you may not have previously considered: How do you know if an offer is the best one for you?

Your listing agent will be a big help here. They will understand and help you suss out the merits and faults of an offer because — believe it or not — it’s not always about price.

One buyer’s beautifully high offer might not look so good anymore, for example, if you discover that it’s contingent upon you moving out a month earlier than planned. Or, conversely, you may prefer speed over

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By: Donna Fuscaldo

Home Office Tax Deduction

One way lets you deduct home office expenses easily; the other is harder but might mean a bigger deduction.

If you're self-employed and work from home, you may be able to save some bucks at tax time by using the home office tax deduction. (If you work from home as an employee because your boss lets you telecommute, you can't take the home office deduction.) Here are two ways to claim it:

1. The complicated way. Fill out IRS Form 8829 — all 44 lines of it. Figure the proportion of your home's overall space devoted to your office and then calculate how much of your overall home expenses went toward your home office. Lots of math happening here.

An example: If your home office takes up 300 square feet in a 3,000-square

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Article From HouseLogic.com

By: Leanne Potts
Published: December 21, 2018

Closing Costs Tax Deductible?

Here's the scoop on what's tax deductible when buying a house.

Are closing costs tax deductible? What about mortgage interest? Or property taxes? The answer is, maddeningly, "It depends."

Are closing costs tax deductible? What about mortgage interest? Or property taxes? The answer is, maddeningly, "It depends."

Basically, you'll want to itemize if you have deductions totaling more than the standard deduction, which is $12,000 for single people and $24,000 for married couples filing jointly. Every taxpayer gets this deduction, homeowner or not. And most people take it because their actual itemized deductions are less than the standard amount.

But should you take

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Article From HouseLogic.com

By: Leanne Potts
Published: December 21, 2018

New Tax Law Real Estate

Tax changes for 2019 change the landscape for homeowners.

Tax season is upon us once again, and to make it even more interesting this year, the tax code has changed -- along with the rules about tax deductions for homeowners. The biggest change? Many homeowners who used to write off their property taxes and the interest they pay their mortgage will no longer be able to.

Tax season is upon us once again, and to make it even more interesting this year, the tax code has changed -- along with the rules about tax deductions for homeowners. The biggest change? Many homeowners who used to write off their property taxes and the interest they pay their mortgage will no longer

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KIRKLAND, Washington (February 7, 2019) - Homebuyers around Washington state are making their way back to the market, hoping to take advantage of improving inventory, attractive interest rates, and more approachable sellers, according to officials with Northwest Multiple Listing Service.

Northwest MLS Market Snapshot

Northwest MLS statistics for January show year-over-year improvement in the volume of new listings and total inventory, along with moderating selling prices. Although fewer pending sales (mutually accepted offers) were reported than a year ago (down about 3.3 percent), January was the smallest year-over-year decline since May 2018 when the drop was about 2.7 percent.

Commenting on the MLS statistics summarizing last month's activity, broker Gary O'Leyar said

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