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Vancouver’s Waterfront Park And What It Means For Real Estate

Vancouver Waterfront

 

 

In the late 1800s, the north bank of the Columbia River thrived and boomed with businesses.  The space was turned into a transport hub with a ferry landing, rail stops, and hotels. There were also five sawmills,two sash-and-door factories, a box factory, three brickyards, and brewery listed in the 1891 directory.  

The waterfront later became a place for shipbuilding for G.M. Standifer Construction Corporation which became Vancouver’s largest employer until it closed in 1921.  It then became a paper mill operated by Boise Cascade until 1996. The real estate remained dormant for 12 years until Columbia Waterfront, LLC purchased the property in which they envisioned the waterfront to be an urban gathering place for its local residents and visitors.  The construction of the first phase of development began in Spring 2016 and it has finally opened to the public on Sept. 29, 2018. Now, it follows a great real estate marketing strategy to ensure the developments are occupied shortly and thrive.

 

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The Elusive $200,000 Home

This was originally posted this morning on Real Estate with Realtor® Rod

The bottom line is that buyers can still find some properties in good shape under this thresh hold. In close to the city, here in Vancouver, these will be fixers or really small houses. In the outlying areas such as Washougal and Battleground there are still opportunities for a decent sized home around 1100-1400 squares either modern and attached or older and detached. Many of these properties will qualify for a variety of financing options. Buyers need to be aware that most of the government sponsored loan products, FHA, VA, USDA, etc. have requirements that may exclude a “fixer” type house. There are other programs designed specifically for fixing up a troubled house, those a bit more complex and buyers should consult with a qualified loan officer about how they work.Here in Clark County, Washington the housing prices have been robust. Maybe just a little too robust, but none-the-less homeowners that were once underwater to the bank are now finding themselves free to sell and move up or down as the case may be. Interestingly enough, sellers are sitting tight on their homes, and this has created a flush demand for entry to mid-level homes locally.

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Low Interest Rates aid in Upward Pressure on Home Prices

originally posted on Rod’s Real Estate News, 10/2/2015, by Rod Sager

The market continues to move along at a healthy pace. Here in the Portland-Vancouver Metro Area values seem to be rising at a pace of 5% to 10% year over year. Local fluctuations and market conditions can vary a bit from neighborhood to neighborhood. Low interest rates will always help drive sales in real estate and robust sales will typically lead to increased price pressure on buyers.

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Real Estate Investment 101- It’s Not as Complicated as You May Think!

by Dan Jensen
Relocation Services Director – Equity Northwest Properties Group

This is a follow up to the May 30th post on Real Estate Investment.

I thought it might be useful to debunk some of the myths out there in the market place about complexity issues, need for huge financial reserves, “but the market is saturated with investors” issues, etc. By providing a short and simple overview of some of the investing strategies and processes within Real Estate, I’m hoping to stir your thinking and perhaps open doors of possibility as well! (Check back over the coming 3 Fridays)

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Have You Considered Becoming a Real Estate “Investor”?

by Dan Jensen
Relocation Services Director – Equity Northwest Properties Group


Certain words will often produce specific responses in each of us. “Good”, “Bad”, “Tall”, “Short”… We each have our own understanding of what those words are describing, and there are some pretty dramatic differences in each description.

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“Must Haves” in Your Real Estate Professional

by Dan Jensen
Relocation Services Director – Equity Northwest Properties Group

When You’re Selling Your Home…

There is a distinct and dramatic difference in the skill set needed to help you market, promote, and effectively find a home buyer as compared to the skill set necessary when you’re searching for a home to buy.

Three “Must Haves” to be sure YOUR real estate professional will bring the right tools to the job of helping you SELL your home are:

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