Are We About to Enter a Buyer’s Market

https://www.mykcm.com/2018/10/04/are-we-about-to-enter-a-buyers-market/

Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for the past several years. Is this really happening?

The market has definitely softened. However, according to two chief economists in the industry, we are a long way from a market that totally favors the purchaser:

Dr. Svenja Gudell, Zillow Chief Economist:

“These seller challenges don’t indicate we’re suddenly in a buyers’ market – we don’t expect market conditions to shift decidedly in favor of buyers until 2020 or later. But buyers certainly are starting to balk at the rapid rise in prices and home values are starting to grow at a less frenetic pace.”

Danielle Hale, Chief Economist of realtor.com:

“The signs are pointing to a market that’s shifting toward buyers. But, in most places, we’re still a long way from a full reversal.”

In addition, Pulsenomics Inc. recently surveyed over one hundred economists, real estate experts, and investment & market strategists and asked this question:

“When do you expect U.S. housing market conditions to shift decidedly in favor of homebuyers?”

Only 5% said the market has already shifted. Here are the rest of the survey results:

Bottom Line

The market is beginning to normalize but that doesn’t mean we will quickly shift to a market favoring the buyer. We believe Ivy Zelman, author of the well-respected ‘Z’ Report, best explained the current confusion:

“With the rate of home price appreciation starting to decelerate alongside the uptick in inventory…we expect significant debate about whether this is a bullish or bearish sign.

In our view, the short-term narrative will probably be confusing, but more sustainable growth and affordability will likely be the end result.”


Posted on October 22, 2018 at 9:53 am
Gerry Dowdy Latshaw | Posted in Uncategorized |

Local Farmers’ Markets

There is still time to shop at your local Farmers’ Markets!  Most markets are open through the first week of October.  You’ll find everything from fresh, local produce, to art, local musicians entertaining the crowds, and vendors selling their products, all made locally! Here is a list of some of the markets here in Clark County.

 


Posted on August 22, 2018 at 12:37 pm
Gerry Dowdy Latshaw | Posted in Uncategorized |

First Friday is August 3rd!

First Friday is quickly approaching!  Join us in welcoming stained glass artist and painter Isaac Smith.  His beautiful artwork will be featured in our Windermere office on Friday August 3rd from 5:00 – 7:00 PM.  Free parking, light appetizers and beverages provided.  Maps will be provided for other featured artists around Downtown Vancouver.  If you have any questions, feel free to call me. 360-921-3209.  I hope to see you there!

 


Posted on July 31, 2018 at 12:54 pm
Gerry Dowdy Latshaw | Posted in Uncategorized |

Six to Sunset Concerts at Esther Short Park

Summer is a great time to get outdoors and spend time with family and friends!  The annual Six to Sunset Concert series is back at Esther Short Park.  Grab a blanket or lawn chairs and come down to enjoy great music!

Crowd in front of Esther Short Park stage for Stone in Love concert

Concerts take place from 6 to 8 p.m. Parking is available at the Vancouvercenter garage at 601 Columbia St.

Pub in the Park

Beer and wine will be available for purchase at these events in a fenced beer garden. Reserve your VIP table by calling 360-567-1085 or email director@leadershipclarkcounty.com. VIPs receive dinner from Beaches Restaurant and Bar along with beer/wine vouchers. Proceeds support Leadership Clark County, a local nonprofit group promoting civic leadership.

The Lineup

 

Thursday, July 19: Kalimba

This 10-piece band includes a full horn and rhythm section that reproduces the infectious grooves created by Earth Wind and Fire. Kalimba faithfully honors EWF founder, Maurice White, by featuring lush treatments of his soaring vocal harmonies.

Thursday, July 26: Vancouver Symphony Orchestra

The Vancouver Symphony Orchestra has celebrated close to forty years of providing symphonic music to our community. Its success is due to the talent and commitment of the early conductors and musicians who provided VSO’s foundation.

Thursday, August 2: Flexor T

Brian Perky (5 Guys Named Moe) and Joe Becker (KGW-TV) put their heads together to form a new country/rock band in 2010. Joined by powerful blues singer, Rebecca Brown, Flexor T is a show stopping, Vegas style country band.

Thursday, August 9: Patrick Lamb

Touring and performing as the ‘saxophonist to the stars’, Patrick Lamb has worked with Grammy winners and luminaries including Gino Vannelli, Bobby Caldwell, Jeff Lorber Fusion, Tommy Theyer, Diane Schuur, Bobby Kimball, Alice Cooper and Smokey Robinson.

Thursday, August 16: Hit Machine

Playing hits from all eras from “Staying Alive” by the Bee Gees to “Dynamite” by Taio Cruz, Hit Machine is a mainstay in the Portland metro area. The band has headlined Hood to Coast, Independence Day at Fort Vancouver, and many Portland Trailblazers games.


Posted on July 17, 2018 at 2:20 pm
Gerry Dowdy Latshaw | Posted in Uncategorized |

Clark County Easter Egg Hunts

Are you looking for an Easter Egg Hunt that the whole family will enjoy?  Here is a list of places hosting East Egg Hunts this year:

March 31, 2018:

Easter Egg Hunt and Fun Day. : Battle Ground Kiwanis Annual Easter Egg Hunt. Come get your photo with the Easter Bunny, visit the petting zoo, play games, and listen to the Rose Festival Princesses read you a story. Kiwanis Park, Battle Ground

Family Fun Fest. 9:30 am:Everyone in the community is welcome for a morning of fun, games and food! Egg Hunt, Bouce House, Carnival Games and more. GracePoint Christian Church (7300 MacArthur Blvd, Vancouver, Washington 98664)

Lincoln Neighborhood Association Easter Egg Hunt. 10:00 am: The fun starts at 10, with the egg hunt at 11. Grandma Bunny will be there, along with activities for the little ones. Lincoln Elementary School

Esther Short Park Easter Egg Hunt. 10:00 am. 6th Annual event. Balloon animals, face painting, bouncy houses and of course an EGG HUNT! The event begins promptly at 10AM and will go until 11:30.

Easter EGG-stravaganza. 10:00 am: Crafts, snacks, fun and a traditional EGG HUNT!Preschool (3 & 4 year olds) : 10-11:30am, K-6th grade : 10am-12 noon. Liberty Bible Church (12401 NE Salmon Creek Ave)

Easter Egg Hunt. 10:00 am: Three areas for kids: 0 to 2, 3 to 5, and 6 and up. There will be a staggered start to make it easier for those who have kids in more than one age group. And for the grown-ups there will be free coffee! The event will be held rain or shine so bring an umbrella! You may want to bring rain boots even if it is not raining as the grass will be wet. The Link Church (7321 NE 110th St, Vancouver, Washington 98662)

Easter Egg Hunt. 10:00 am: Enjoy a great time with your family with egg hunts for kids through 3rd grade, a scavenger hunt (for 4th-6th grade), crafts, inflatable slide, giveaways, and food! This event is free and open to the public. Ridgefield Church of the Nazarene (747 Pioneer St, Ridgefield)

Felida Egg Hunt Community Event. 11:00 am: Please bring picnic supplies, food to share or not (PLEASE list ingredients if sharing), 2 dozen eggs filled with surprises. AND just for a bit more fun…your best spring/Easter bonnet. Perhaps we shall parade around the park? Felida Park (3798 NW 122nd St, Vancouver)

Easter Egg Hunt. 2:00 pm: Annual Mallard Landing egg hunt with over 1,000 eggs for the kids in the community. Please bring your young ones from ages 0-12 years old. The areas will be split up so everyone can enjoy, and will go until all the eggs are gone. (813 SE Clark Ave, Battle Ground)

 

April 1, 2018:

Crown Park, Camas. 1:30 pm.: Over 10,000 candy and prize-filled eggs will be hidden in designated egg hunting areas color-marked for age groups 2-3, 4-5, 6-7, 8-9, and 10-12. Children should bring a basket or bag for their eggs. Children must be accompanied by an adult. Adults are not allowed in the hunting areas, except in the area for ages 2-3. The Traditional Easter Bonnet and Contemporary Hat contest will take place immediately following the egg hunt. Prizes and ribbons will be awarded to participants.

Easter Investigation. 9:00 am: Easter Investigation with an Easter Egg Hunt in between! Search for the golden egg, win prizes and come investigate the empty tomb. Heritage Church (8803 NE 78th St, Vancouver)

Dare to Hope. 9:00 am: Experience inspiring music and a relevant message built around the theme Dare to Hope! Kids will enjoy an Indiana Jones themed morning with the challenge Dare to Follow Jesus! Exciting inflatables and Easter party between services. Battle Ground Foursquare Church at Chief Umtuch (700 NW 9th St, Battle Ground)

Easter Egg Hunt and Dinner. 5:00 pm: Join Renovatus Church of Christ for an Easter Egg Hunt for children Elementary School age and under. Located at 181100 SE 34th Street, in the Vancouver Tech Center Complex. Follow the signs.

 

Thank you to ClarkCountyLive.com for compiling this list! 

 


Posted on March 30, 2018 at 10:52 am
Gerry Dowdy Latshaw | Posted in Uncategorized |

Pending Sales for February 2015 Hits Highest Since 2007

There were 666 new pending sales in Southwest Washington in February compared to 504 in February 2014 which is an increase of 31.4%.  The last time there were more panding sales in February in our region was 2007.


Posted on March 26, 2015 at 3:55 pm
Gerry Dowdy Latshaw | Posted in Uncategorized |

2015 Childrens Justice Center Gala Auction-October 3rd

Plans are underway for this year's gala auction to benefit the Childrens Justice Center.  This years theme is "Vintage Circus, Under the Big Top".  Please mark your calendar for Saturday evening, October 3rd at Royal Oaks Country Club.


Posted on March 24, 2015 at 4:46 pm
Gerry Dowdy Latshaw | Posted in Uncategorized |

Vancouver Farmers Market

Saturday, March 21st, 2015 marked the opening day of the Vancouver Farmers Market.  The market is open Saturdays from 9am-3pm and Sundays 10am-3pm


Posted on March 24, 2015 at 4:33 pm
Gerry Dowdy Latshaw | Posted in Uncategorized |

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