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Clark County’s Home Offers and Price Increase

 Clark County's Home Offers and Price Increase - House for Sale

According to the latest data from Clark County Regional Multiple Listing Service, the number of homes for sale increased by 10% from last year and risen $350,000 in price for median homes.  Not only that, but the demand from buyers has also increased. Despite the rise on the home price tag, the demand and willingness of buyers to pay are really significant. However, home affordability continues to be a struggle and first-time buyers may not be able to pay the increased cost for those homes.  But compared to Portland and Seattle, Clark County is still relatively cheaper.

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Camas Secures Valuable Properties

Due to the proximity to Camas City Hall and the expansion of new employees in the coming year, the City Council members recently approved an agreement for the purchase of the former “Bank of America building” located downtown for $1.6 million.  The Camas City Administrator Pete Capell stated that the $1.6 million, plus the money for renovation, is far less expensive than building a new city hall. To fund the property purchase and the required renovations, the city is using $1 million from bonds and up to $1 million from the city’s real estate excise taxes (REET).

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Real Estate and the Port of Camas-Washougal

 

Port officials wanted to create a site for residential and commercial development with open spaces and landscape.  The port’s mission and intention is to maintain public access to the waterfront in any future development. There’s design plans for a plaza  with a nearby retail space, hotel, and office park. The development will not be like Portland’s South Waterfront or like Vancouver’s Waterfront.  The port will be unique and developed with the needs of Camas and Washougal in mind, following a one-of-a-kind digital marketing strategy designed for the area.  

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