1 Spring Street • PO Box 777

Friday Harbor, WA 98250

Office 360.378.2151

Fax 360.378.3946

Toll Free 800.258.3112

SIR Mobile App San Juan Islands Real Estate: San Juan and Friday Harbor, Orcas and Eastsound, Lopez Island, Shaw Island and the Outer San Juan Islands

san juan islands real estate

Chris

Chris Spaulding

I moved to San Juan Island in 1991 after spending 22 years owning and running an insurance agency in Carmel, California. The traffic and crowds finally drove me back to my roots here in Washington. Having been born in Mount Vernon and spending many summers as a child in the San Juan Islands, moving here was like a homecoming. Island life allows me time to pursue my hobbies which are playing golf, fishing, and gardening. I am a charter member of the Rotary Club of the San Juan Islands and a past president. I have been president of our local association of Realtors twice in the last 5 years. In today's market it is critical to develop a close trusting relationship with ones clients, be they buyers or sellers. In a buyers market, sellers more than ever need good advice and assistance in selling their property.

Latest Post by Chris:

Interesting Facts from the Washington Association of Realtors

April 25th, 2011

84,980
Existing homes sold in Washington in 2010. Up 0.1% from 2009.

4.62%
Average mortgage rate in 4th quarter 2010. Down from 6.21% in 4th quarter 2005.

$250,400
Median existing home sales price in Washington in 2010. Down 1.6% from 2009.

149.4
All-buyer Housing Affordability Index in 4th quarter 2010. Record high affordability. Median income family has 49.4% more income than minimum required to purchase median price home statewide.

46.8%
Decline in existing home sales (units) since 2005 peak.

20.4%
Decline in median home price since 2007 peak.

51.8%
First-time home buyers in Washington who cite tax advantages as a major reason for buying a home in 2009 (may reflect tax credit).

4.8%
Apartment vacancy rate to Washington in Fall 2010. Down 2.1% from year earlier.

87%
Washington home buyers in 2009 who purchased with assistance of real estate licensee.

64.7%
Washington homeownership rate in late 2010. Down from 69.2% peak in late 2005.

7.6
Months supply of homes on the market at year-end 2010. Generally considered a balanced inventory, but foreclosure and pre-foreclosure properties suggest oversupply.

35,300
Washington mortgages at some stage of foreclosure in late 2010. Up from 24,900 in late 2009.

Older Posts by Chris:

OPALCO “SnapShot” Energy Audit Program

April 11th, 2011

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