Real Estate and Real Life on Bainbridge Island, Washington.

Island Life @ Home on Bainbridge Island


Monday, February 2, 2009

Lives and real estate coming out for some sun on Bainbridge Island~

There's something about a day in February on Bainbridge Island that dawns with the hope of sunshine. You believe spring will happen. You believe that the gray days, smudgy like yesterday's mascara, will bloom into full color.

I'm not alone. We don't have ground hogs on Bainbridge, but I'm seeing yards being raked and more folks out walking, their hair glowing with backlighting. Yes, the sun is still low in the heavens, as it is all winter long in the north, but the outdoors is calling to us who have been burrowed in for far too long.

The real estate market is showing signs of life, too (after being pronounced DOA for several months.) I heard some pundit say recently that the decline of real estate proceeded the huge economic crash, and its revival will proceed the general recovery as well. That would be good and I believe it to be true.

We still have a flatline "pending" statistic, and enough inventory to make this the strongest Buyer's market seen in over a decade. But, I'm also hearing Sellers get real about what their home will sell for and begin to understand that there won't be a quick fix. I'm hearing Buyers say, this may not be the bottom, but it's time to buy.

One thing that hasn't changed: Bainbridge Island is a wonderful place to call home.

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