Bremerton, WA Real Estate News

By Ben Kinney, We do real estate:Tech, Training, Sales, Brokerage
(Ben Kinney Team)
2830 Halverson Ave, Bremerton 98310 This beautiful view home in East Bremerton won't last long! Thoughtfully updated with stainless steel appliances, tiled floors and plenty of space for guests. A quick drive to the Bremerton ferry terminal and a quick walk to multiple dining options. Plenty of street parking and don't miss the private back alley entrance (no stairs). See agent remarks for showing instructions. Alicia Shope(206) 939 - 3623Keller Williams Western Realty
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
Bremeton Real Estate – Seller’s Market, lack of inventory frustrates buyers. Bremerton is like all of the other areas with pent-up demand fueling home sales.  Military families, relocating PSNS workers, move up buyers and first time home buyers are all vying for limited inventory.  It is currently a seller’s market with well maintained, updated, correctly priced homes receiving offers within days.  Inventory is very low with only 2 months of supply.  If no other homes entered into the market we would be out of homes for sale in a 2 month time span.  It’s a great time to list a property in Bremerton.Bremerton reported 102 closed sales during August, which was shy of the 123 homes sold in August 2014.Small increases in interest rates have not had a noticeable impact on activity and with t...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
HOMEFRONT Realty, the sponsor of Naval Base Kitsap Relocation is offering a “military discount” to ALL Active Duty Military members.   This rebate will allow a buyer to use the rebate amount towards closing costs on their home purchase, or if allowable by their lender a FULL CASH REBATE. As long as it can be entered on the HUD-1 Closing Statement you can receive CASH at closing. There are some very small restrictions so please contact HOMEFRONT Realty for more answers or read the articles below.  Home sellers can also participate. A seller will receive 25% CASH back REBATE at Closing. That is 25% of the commission between you and your HOMEFRONT Realty Broker.    Active Duty Military Buyer Rebate Active Duty Military Seller Rebate Program Active Duty Military Discount Program Registrati...
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By Stacia Whatley, StaciaSellsHomes Your Western WA Realtor®
(Hawkins-Poe Inc.)
Bremerton's Top Price Reductions If you are trying to find the best deal in Bremerton, look no further! Here is a list of the homes that have reduced their price in the last week! Be sure to check back every week for this list of homes that have reduced their home prices! If you would like to schedule your private showing for ANY of these homes, please give me a call today! 253-426-8785   West Bremerton 1) 4145 W G St, Bremerton 98312 ~ Original List Price: $41,900 ~ List Price: $39,900 2) 2501 E Phinney Bay Place, Bremerton 98312 ~ Original List Price: $349,900 ~ List Price: $300,000 3) 916 Pleasant Ave, Bremerton 98337 ~ Original List Price: $105,000 ~ List Price: $95,000 4) 3226 View Dr NW, Bremerton 98312 ~ Original List Price: $299,950 ~ List Price: $239,000 5) 1929 5 St, Bremerton...
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By Stacia Whatley, StaciaSellsHomes Your Western WA Realtor®
(Hawkins-Poe Inc.)
PRICE REDUCTION! 8473 Chinook Way Bremerton, WA 98311 This home is move in ready and waiting for it's new owner! The home has been renovated from top to bottom over the years and most recently a new composite deck and new kitchen sink!  You will love the quiet neighborhood with a Bremerton address, but part of the Central Kitsap School district! You won't find a better home!     3 Bed 2.5 Bath Bremerton Home   OverviewMapsPhotosFeatures   $246,100 Single Family Home Main Features 3 Bedrooms1 Bathroom2 Partial BathroomsInterior: 1,860 sqftLot: 0.22 acre(s) Location 8473 Chinook WayBremerton, WA 98311USA     Stacia Whatley Hawkins-Poe Inc.(253) 470-8562staciawhatley@gmail.comhttp://www.staciasellshomes.com     Listed by: Hawkins-Poe Inc.   Our recent listings 3 Bed 2.5 Bath Bremerton Home...
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By Stacia Whatley, StaciaSellsHomes Your Western WA Realtor®
(Hawkins-Poe Inc.)
OPEN HOUSE ~ Saturday August 16, 2014 From 2-4 pm Come by and see this great Bremerton home that will be open Saturday August 16 from 2:00 to 4:00 pm! This home is move in ready and waiting for it's new owner! You won't want to miss all the features this home has to offer; from the large deck to the two fireplaces, you can't miss this open house! It is a three bedroom two bath home with 1,860 sq feet of living space. This traditional split entry home has a great kitchen with all appliances staying. The lower level offers a newly remodeled space with a gas fireplace, office nook, and a 3/4 bath that has a tile shower and laundry.  The large level backyard that is fully fenced is perfect for those summer nights! There is a space for you to place your fire pit and enjoy the smores you've b...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
So Far This Summer is For Sellers But that doesn’t mean that its difficult for buyers.  Here in the Bremerton Real Estate Market buyers are still enjoying many homes with prices low enough and interest rates still low that the monthly mortgage payment can be cheaper than paying rent.  Prices have not risen substantially to keep buyers priced out of a home.  In fact the median June-2013 vs Jun-2014 sold price is down -5%! Bremerton continues to be a  Seller’s* Market with just  3.3 months of inventory. Months Supply of Inventory Jun-2013 vs Jun-2014: The average months supply of inventory is down -39%   Below are some market statistics for the Bremerton area for the month of June 2014. These homes all have Bremerton listed as their city in their physical address. During the month of June...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
Bremerton is still a Seller’s Market with just under 4 months of active inventory Inventory is still low and Bremerton continues to be a  Seller’s* Market with just  4 months of inventory.  Below are some market statistics for the Bremerton area for the month of May 2014. These homes all have Bremerton listed as their city in their physical address. During the month of May  2014  167 new listings became active in the NWMLS data base, which was 2 homes more than May 2013 and 8 more than in April 2014.  Bremerton’s supply of inventory is low. There were 118 homes that received offers and the seller and buyer came to terms and those homes are now pending inspection pending back up, pending short sale or PENDING and headed to closing. The pending transactions rose by 7 over May of 2013 , bu...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
With Spring just around the corner and day light saving time in full force it won’t be long before we start spending a lot of time outdoors.  We will be gardening, BBQ’ing and for some the ever popular “fire-pitting”.  Grab some friends, family or neighbors throw some logs in a pit and sit around the glow of the flame sipping your drink of choice in your very own backyard. The fire-pit is a phenomenon.  You can build one yourself, get a plan at a local lumber yard or buy one that is pre-made from Lowe’s.   This morning Lowe’s Facebook page posted a link to their Pinterest Pin on their  Outside Your Home board showing how to build your own fire-pit.  http://www.pinterest.com/pin/101190322851812588/ Do you know if your fire-pit is legal?  Where do you live?  If you live in Kitsap County y...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
  March 5, 2014 by Jo Soss  This morning while doing some market research for a client I received a phone call from Zillow.  These calls come in from time to time when some other agent decides to stop paying Zillow for some advertising product.  Today it was that zip code 98312 became available for purchase.  My office is in 98312 and I live in 98312 so you would think I would “jump” at the chance to purchase a spot on the Zillow website for zip code 98312. Nope, I politely declined.  Then I started to wonder, why was the other agent giving up the spot in 98312?  Probably because the return on investment just wasn’t what they thought it would be.  I very rarely pay for ads and at the moment I am not paying for any advertisement on Zillow or Trulia.  I don’t think I have ever paid for ad...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
  The return to a Sellers’s* Market in Bremerton. Below are some market statistics for the Bremerton area for the month of January 2014. These homes all have Bremerton listed as their city in their physical address. During the month of January 2014  124 new listings became active in the NWMLS data base, which is a 15% increase from last year and a  74.648 % increase from December 2013.  Even with an increase of new listings Bremerton’s supply of inventory is low. There were 90 homes that received offers and the seller and buyer came to terms and those homes are now pending inspection pending back up, pending short sale or PENDING and headed to closing. The pending transactions rose 6% over January of 2013 and was a 45% increase over December 2013. During January  65 homes that had been ...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
  DO A “DRIVE BY”! WHAT EVERY BUYER NEEDS TO KNOW – KITSAP REAL ESTATE February 13, 2014 by Jo Soss  You have found the perfect house, you want to make an offer, you have seen it in the early afternoon for about 20-30 minutes.  Do you write an offer or do you do a “drive by”? I encourage ALL of my buyers to drive by the property they want to purchase at different times of the day/night prior to writing a purchase and sale agreement.  Our Form 35 – Inspection Addendum does have a section titled Neighborhood Review Contingency that gives the buyer the opportunity to review all areas of the neighborhood during an agreed upon time frame which is usually 3 days from mutual acceptance.  Of course you can use this to preform your due diligence on the neighborhood, but from my experience by the...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
  January 21, 2014 by Jo Soss   We can FINALLY look back and see the peak and the bust.  The figures are not pretty and we still have a long way to go, but its nice to see what really happened instead of reading all the speculation. Real Estate Bubble: Web definitions A real estate bubble or property bubble is a type of economic bubble that occurs periodically in local or global real estate markets. It can be identified through rapid increases in valuations of real property such as housing until they reach unsustainable levels and then decline. … http://en.wikipedia.org/wiki/Real_estate_bubble  The Bremerton Real Estate Bubble was identifiable due to the rapid increase in housing prices and yet it can only be definitively measured  in hindsight after we had the market correction.  So wh...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
  Here are some bullet points – Bremerton Real Estate Market year ending 2013 Average days on market is down 22% over Dec 12 and down from Nov 13 but have risen since April of 2013. Average currently is 73 days. Median sold price has had its up’s and down’s in the last 12 months. Median sold price for Dec-13 was $167,250 which is a 9% decrease from Dec-12. Its also a slight decrease from Nov-13 and the lowest median sold price for the entire year of Dec-13. In Dec-13 there were 78 homes that sold in Bremerton. That is a 7% increase over Dec-12 and an increase over Nov-13 but still a decline from the months of Apr, May, Jun, July, Aug, Sept and Oct. Properties that went under contract has been fairly steady over the last 4 months and an increase of 22% over Dec-12. More properties came i...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
BREMERTON WA REAL ESTATE – HOMES SOLD SEPTEMBER 2013 MARKET REPORT   The return to a Buyer’s Market in Bremerton. Below are some market statistics for the Bremerton area for the month of September 2013. These homes all have Bremerton listed as their city in their physical address.  During the month of  September 111  new listings became active in the NWMLS data base, which is a 5%  increase from last year and a 23% decrease from August. There were 86 homes that received offers and the seller and buyer came to terms and those homes are now pending inspection pending back up, pending short sale or PENDING and headed to closing.  The pending transactions rose 32% over September of 2012 but  was a 20% decrease over August 2013 month.  During  September 92  homes that had been listed as pend...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
BREMERTON WA REAL ESTATE – HOMES SOLD AUGUST 2013 MARKET REPORT September 23, 2013 by Jo Soss  Below are some market statistics for the Bremerton area for the month of August 2013. These homes all have Bremerton listed as their city in their physical address. Currently as of  September 23rd  there are 432 homes available for sale in the Bremerton area of Kitsap County. During the month of  August 144  new listings became active in the NWMLS data base, which is a 20%  increase from last year and a 9% decrease from July.   There were 118 homes that received offers and the seller and buyer came to terms and those homes are now pending inspection pending back up, pending short sale or PENDING and headed to closing.  The pending transactions rose 55% over July of 2012 and was an increase ove...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
BREMERTON WA REAL ESTATE – HOMES SOLD JUNE 2013 MARKET REPORT July 24, 2013 by Jo Soss  Below are some market statistics for the Bremerton area for the month of June 2013. These homes all have Bremerton listed as their city in their physical address. Currently as of  July 24th  there are 511 homes available for sale in the Bremerton area of Kitsap County. During the month of  June 140  new listings became active in the NWMLS data base, which is a 8% increase from last year and a 15% decrease from May.   There were 112 homes that received offers and the seller and buyer came to terms and those homes are now pending inspection pending back up, pending short sale or PENDING and headed to closing.  The pending transactions rose 51% over June of 2012 and was a 14%decrease over last month.   ...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
BREMERTON WA REAL ESTATE – HOMES SOLD APRIL 2013 MARKET REPORT May 21, 2013  Below are some market statistics for the Bremerton area for the month of April 2013. These homes all have Bremerton listed as their city in their physical address. Currently as of May 21st  there are 403 homes available for sale in the Bremerton area of Kitsap County. During the month of April 162 new listings became active in the NWMLS data base, which is just one more than a year ago. There were 125 homes that received offers and the seller and buyer came to terms and those homes are now pending inspection pending back up, pending short sale or PENDING and headed to closing.  The pending transactions rose 60% over April of 2012.   During April 81 homes that had been listed as pending closed and the change of ...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
  April 22, 2013  Below are some market statistics for the Bremerton area for the month of March 2013. These homes all have Bremerton listed as their city in their physical address. Currently as of April 21st  there are 396 homes available for sale in the Bremerton area of Kitsap County. During the month of March 126 new listings became active in the NWMLS data base. There were 87 homes that received offers and the seller and buyer came to terms and those homes are now pending inspection pending back up, pending short sale or PENDING and headed to closing. During March 76 homes that had been listed as pending closed and the change of ownership was recorded at the Kitsap County Courthouse. Let’s look at those 76  Bremerton homes Bremerton WA Real Estate - Homes Sold March 2013 Edit Total...
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By Dinah Lee Griffey, Managing Broker Windermere Peninsula Properties
(Windermere Peninsula Properties)
  I want to thank all of those who are showing what it is to be a Patriot today, in Boston and beyond. We tend to not think about those who serve us during tragedies, until we find ourselves in the midst of them.     My heartfelt thanks goes out to those who are working at break neck speeds to help as many victims as possible today, knowing in their hearts that the next person they help, may or may not be a loved one.     These people are true Patriots and embody what we as Americans, aspire to be. Thank you!    
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