When choosing and purchasing a home, items and time sensitive tasks are common and usually continue all the way till closing. Some of these items are scheduling showing appointments and showing homes, learning neighborhoods and areas, writing and submitting offers, negotiating contract terms, conducting home and septic inspections, and loan applications and appraisals.

Now that we understand what is a short sale property is, we'll continue on with these types of properties with Learn How to Buy a Short Sale Property. Buying a short sale properties can be complex, cumbersome, patience testing, confusing, vague and frustrating while seemingly never ending. However, short sale properties also offer advantages, like a good deal.

So, in How to Buy a Short Sale Property we'll be discussing terminology, the parties involved, how to submit a offer, and the closing process.

Are you noticing a shift in Snohomish County's real estate market? We have. Since July 2016 market times have increased and price reductions are becoming more common. However, below are the real estate statistics for July 2016 which will cover:

• Housing Inventory
• Days on Market for Pending Properties
• Supply and Demand Figures
• 90 Day Perspective Report

Snohomish County Housing Inventory July 2016

How low can it go? Two years ago the housing inventory was really starting to favor the sellers. Most of the bank owned and short sale inventory was being consumed and equity based situations were on the rise. Now, the market trend has been very strongly in the sellers corner with July 2016 having 1.3 months of standing inventory.

Snohomish County is experiencing a real estate climate reminiscent of the hay-days of 2005-2007 and for a seller its one of the single greatest times to list a property. Inventory is low and demand is still steady yet what are the actual statistics with:

• Housing Inventory
• Days on Market
• Most Competitive Price Points
• Median Prices for Main Cities/Towns

Months of Available Housing Inventory

Inventory is scare and the last two months are the lowest inventory levels in history at 1 Month. So if you're feeling there is nothing available, you're right.

In this blog post, we'll be trekking into the unknown world of Photovoltaics (PV) to answer the emerging question Will solar power increase a home's value?

To understand how solar power increases a home value, we'll go through:

• Understanding Photovoltaic (PV)
• What Incentives are Available to Homeowners
• How Appraisers are Giving Value to PV
• What the Value Means Locally in Snohomish County

Starting this journey, it is important to understand what PV is. In the short, PV is adding solar panels to a property to produce power which the homeowner can immediately use. Wikipedia's definition is a bit longer: