Living in Olympia, WA

March 9, 2010

If you are staying in close proximity to Washington State or thinking of moving here, then you have made the right decision. As a capital of Washington, Olympia has tons of job opportunities and it’s a tourist hotspot. There are varied places to visit around the city of Olympia, historical landmarks and national parks; all of these make the place an ideal place for hanging out. The places, which have an attribute of drawing tourists, are more likely to have a booming and flourishing real estate market. There is a cultural side associated with this place like museums, historical landmarks, art festivals, wineries, theatres, and other places of cultural significance.

Due to the recession, the latest news points out that though the prices of houses has gone down, the real estate market in this part of the country is beginning to rise again. Olympia real estate is still stronger and stronger after the recession. If you are looking for homes for sale in Olympia then this is the right time to invest. These homes will impress you and will offer you the perfect surroundings of both the mountains and the sea of the Pacific Northwest.

Contemporary Californian designs with skylights, vaulted ceilings, and open floor plans are unique features of Olympia homes for sale. Like the other parts of the country the home value price in Olympia, CA has grown faster than the income, which has had a negative effect on the purchasing ability of the residents here. In spite of these drawbacks, the market here is still growing stronger than most of the places in the country. The recent market trends in this part of the country show that there has been a considerable drop in national home value median for single family but the median home value has increased as per the Washington Center for Real Estate Research at Washington State University.
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As per the recent Washington State University research, the home value and sales varied significantly across the region. The median home value prices range from $500,000 in the San Juan County and to under $150,000 in Adams County. Due to its labor and economic situation the home value averages and real estate market has been affected. But the good thing about this place is that the job market is expanding day by day and it’s expected to stay strong. This will keep the dice rolling for the property developers and real estate agents. But the income growth still has a long way to go to catch up to the home prices here.


Olympia Homes for Sale: Open the Path to Achieving Your Dreams

March 5, 2010

If you are contemplating relocation, why not consider the city of Olympia? The sheer variety of Olympia homes for sale is astounding, and you will simply be swayed by the beautiful neighborhoods and amenities that go with them. There is an Olympia house available for everyone. Whether you are moving from another part of the country or just across the state, you are sure to get the best deals for Olympia, WA homes once you make up your mind to buy property here. The residential Olympia, WA homes for sale include an array of single family as well as multi-family units, along with a number of condominiums and town houses. Lake-front and water-front houses abound too, making it easier for individuals and families to move in to homes with a spectacular view.

With the job prospects picking up once again, the real estate market is on an upswing too. Olympia is also considered to be a tourist attraction, with thousands of people keen on visiting the wonderfully preserved historical monuments and national parks of the region. The rich cultural heritage of the state is echoed in the city of Olympia as well. Olympia also serves as the state capital, apart from being the seat of Thurston County, making it one of the most important cities of the region.

Contacting an experienced real estate agent will be a wise move once you feel the need to relocate to the city. Agents’ exhaustive local knowledge, coupled with excellent service, makes the transition process of obtaining Olympia homes for sale a smooth and enjoyable experience.


Olympia real estate experiences ups and downs

March 3, 2010

Although some areas in Thurston County were popular destinations for buyers last year, this year will be a year of transition for Washington’s housing market.
Depending on the pace of economic recovery and the future of some areas of the economy that still need to begin improving, some economists expect that the residential housing market will improve in 2011. Although there are high hopes for improvement in residential real estate, there are predictions that it could take until 2012 for the commercial real estate market to improve.

However, this all depends on a few factors, such as the easing of credit from community banks, consumer confidence and the absorption of excess housing.
While large, national banks have begun lending again, state-chartered community banks are still experiencing tight credit.

In addition to this downfall for local markets, consumers continue to be strongly influenced by unemployment rates and the price of gasoline; therefore there is still a lack of confidence on their end. According to state Employment Security Department data, this is largely due to Washington’s unemployment rate hitting 9.5 percent as of December.

As if the current housing market didn’t have enough problems, the formation of new households has also slowed due to college graduates moving back in with their parents due to a higher than usual unemployment rate. Economists say that this will have to change and excess housing will need to be absorbed before there is a self-sustained growth in residential real estate.

On the other hand though, certain areas of the Olympia real estate market saw increases in homes sold despite Thurston County home sales falling 7.5 percent in 2009.

According to preliminary year-end Northwest Multiple Listing Service data, of the 2,938 single-family homes and condos that sold in Thurston County last year, 1,425 were in suburbs of Olympia.

The Olympia metro area has spots that have done well recently in real estate sales as well. These are neighborhoods such as South Capitol, which has historically been a destination for government and other white-collar workers. In addition, the data shows that the median price in the Boston Harbor Road area of Olympia, which is popular due to its location near the water but has high prices due to the low quantity, increased in the past year, as did sales. The year-to-date median price for the area rose to $367,500 in 2009 from $354,950 in 2008. Sales, meanwhile, increased to 50 units last year from 40 in 2008.


Olympia Real Estate

March 2, 2010

Located on the southern part of the Puget Sound region, Olympia is the capital city of the state of Washington. It is the administrative seat of the state and thus an important center of activity. Olympia also serves as the seat of the Thurston County, Washington. The city was incorporated in 1859 and houses a population of approximately 42,514.

Olympia is connected to different parts of Washington via the Amtrak rail network. Intercity Transit operates bus services in the area as well. Olympia is served by the Olympia School District. There are a number of academic institutions of repute offering quality education in this area.

The numerous parks and recreational areas of Olympia, Washington, offer people the opportunity to indulge in activities like hiking, biking, and so on. Some of the popular parks are Woodard Bay Natural Resources Conservation Area, Watershed Park, Percival Landing Park, and many others.

The city of Olympia is a well-known center of arts and culture. Music, art and sculpture are integral units of the city’s culture. The different theater companies like the Olympia Family Theater, the Capitol Playhouse and others are popular for their productions. Olympia also hosts a national film festival every year.

The pleasant living conditions in Olympia make it one of the popular destinations when it comes to real estate investments. The reasonable prices of Olympia real estate are also another factor for the popularity of the region. The average listing price of Olympia homes for sale is $312,996 as recorded in the week that ended on February 10.

There are a number of options available when it comes to Olympia WA homes for sale. You can buy a 2 bedroom 2 bathroom single family home for something about $199,000. But for a 3 bedroom 3 bathroom apartment in a popular neighborhood you need to pay approximately $1,695,000.

Before you start looking for your dream home, it is essential to take note of certain things. It is necessary to know your requirements before you start a property search. You also need to fix a budget. This way you could narrow down your search and look for a suitable Olympia house.

It is advisable that you contact an Olympia real estate agent if you want to buy or sell a property. You could check out the property listings and find a house that suits your needs and budget. An expert real estate agent would also be able to help you with negotiating a deal and completing the formalities.

You need to choose a real estate agent carefully. Opt for someone with experience. You could also check out the client testimonials and referrals to know their area of expertise. Assistance from a reputed real estate agent would make a property deal a hassle free experience.


Olympia, WA Homes for Sale

January 27, 2010

If you live in close proximity to Washington state or thinking of moving here, then you have made the right decision. Olympia has tons of job opportunities and it is a tourist hotspot. There are many places for people to visit as there are lots of historical landmarks and national parks, all these attributes have made this place an ideal place to hangout. Places that attract tourists are more likely to have a flourishing and booming real estate market. There is a cultural aspect associated with this place, as there are several museums, historical landmarks, art festivals, theatres, and other places of cultural significance.

The Olympia real estate market has seen numerous changes. Buyers and sellers often struggle with real estate decisions simply because they don’t have the information they need to make what they feel is a well-informed decision. All markets have different layers of sub-markets in it and the reports of various real estate agents will give you detailed information of the entire area as well as break down of certain areas. This is a great overview and this can provide invaluable information. However, all the real estate decisions are ultimately made on the micro level.

As per the recent market reports the real estate market in Olympia, WA has gone up considerably showing an average listing price of $406,600, which is almost 15% higher than the last quarter. Olympia has recovered from the recession and the real estate market is really looking stronger than before. The time is now for you to invest in properties in Olympia. Olympia, WA homes for sale will impress you and will offer you the perfect mix of both mountains and sea.

Contemporary designs with skylights, vaulted ceilings, and open floor plans are unique features of Olympia homes for sale. Like the other parts of the country, the home value price in Olympia, CA has grown faster than the income, which has had a negative effect on the purchasing ability of the residents here. In spite of these drawbacks the market is still growing stronger than most of the places in the country. The good thing about this place is that the job market is flourishing and this will help the real estate sector stay strong. The recent market trend in this part of the country shows that there has been a considerable drop in national home value median for single family but the median home value has increased as per the Washington Center for Real Estate Research at Washington State University.

So hurry and buy your property now before it’s too late. Get hold of a real estate agent now and turn your dream into reality.


Olympia Real Estate: Get a Picture of the Market

January 27, 2010

The capital city of Washington state and the county seat of Thurston County, Olympia boasts of a throbbing city life. It is one of the cultural hubs of the Puget Sound region. The city is located on the southern extreme of Puget Sound, a part of Budd Inlet. The city is bordered by cities like Tumwater and Lacey.

Olympia has a marine west coast climate and the Maritime Polar Air Mass heavily influences the weather of the region. Being the capital of the state, Olympia is not only the administrative nerve center of the state but also a thriving center for cultural arts. Various theater companies are based in the city such as the Harlequin Productions, the Capital Playhouse, Olympia Little Theater, Theater Artists Olympia, and the Olympia Family Theater.

Given the living conditions and the infrastructural set up of the city, the demand for Olympia, WA homes for sale is understandable. The most popular neighborhoods in the city include Olympia, Bucoda, Lacey, and Yelm. Of these, Olympia, the neighborhood that is named after the city, has the highest average listing price. Homes in the area are listed for $427,611 on average for the week that ended on December 16, 2009.

The Olympia real estate market did not remain unscathed by the effects of the economic downturn. But things have taken a turn for the better in the recent times and it is slowly gaining back its momentum. If you are looking forward to settle down in this bustling city then contact the real estate agents right away.


Houses in Olympia, Washington

January 27, 2010

Olympia, the capital city of Washington State, has a population of 42,514 and is a popular destination by individuals and families looking for their dream home. This area is well known for being a hub for industry, business, culture and transportation. Good connectivity, opportunities for work, beautiful vistas, parks, theaters, museums, sporting activities, fine dining options, and a host of leisure activities makes the city a dynamic place to live in.

Olympia, Washington offers a wide variety of choices to homebuyers interested in purchasing properties in the area. Whether you are looking for some adventure or interested in investing in a beautiful home in the countryside that is located at the base of the Cascade Mountains or a single family home in the city, you will find everything that you are looking for in Olympia.

The Cascade Mountains located on the Olympia peninsula offer breathtaking landscapes that act as a magnet to draw multitudes of home buyers and tourists into the region. The metropolitan area of Olympia on the other hand offers affordable options for living such as apartments, condominiums, studio apartments and single family homes.

A look into the real estate market report on Olympia, Washington reveals that effects of the downturn are waning and Olympia real estate is showing a positive sign of recovery. The average price per square foot for Olympia, WA homes for sale is $132. This reflects that the price of Olympia homes for sale is quite reasonable when compared to the price of property in some of the popular cities in the country such as New York City.


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