TeamSchubel.com

I Moved!

2010-10-04T21:41:00.001-07:00

I'm not blogging here: http://teamschubel.wordpress.com/

Kevin

New Listing - 1280 Sq Ft Remodeled Ranch With A Big Fenced Lot!

2010-09-23T09:51:00.001-07:00

Owner just updated home with new vinyl windows, paint in and out, counter tops, tile floors, refinished cabinets and new wood trim. House has a pellet stove which heats the whole house easily. New green house! Owner is transferred and needs a call prior to showing due to small child. This house is worth showing!

Kevin Schubel
RE/MAX equity group
360-936-7277
Kevin.Schubel@gmail.com

Bank Owned Special

2010-09-15T09:02:00.000-07:00

Amazing Bank Owned Special! Not A Short Sale, No Waiting! Built in 2002, 2445 Sq Ft, 3 Bedroom, 2.5 Bathrooms, Gas Forced Air Heat & Central AC! Huge Vaulted Master Bedroom with Big Walk-in Closet & Spacious Bathroom with Double Sinks. Open Floor Plan, 9’ Ceilings on Main Level, Great Entry, Laminate Wood Floors, Vinyl Windows. Formal Living, Dining & Family Room. Upstairs Laundry Room. Fully Fenced Backyard with Plenty of Room to Run! HUGE field across the street so you don’t have any neighbors to the West. The field makes the neighborhood very quiet & peaceful.

Kevin Schubel
RE/MAX equity group
360-936-7277
Kevin.Schubel@gmail.com
TeamSchubel.com

Bank Owned Special - Custom Built in '05

2010-09-09T21:28:00.000-07:00

Custom Built in 2005 in a Top Notch Neighborhood! Low Traffic & Quiet Street. 2866 Square Feet, 4 Bedroom (Master, Spare Bedroom with Full Bathroom, 2 Bedrooms Sharing a “Jack & Jill” Bathroom), Office/Den, 3.5 Bathrooms, Vaulted Ceilings Everywhere, Granite, Travertine, Hardwoods, Rot Iron, Central Vac, Under Cabinet Lights, you name it, it has it! Open Floor Plan, Amazing Kitchen, Tons of Natural Light, Fully Fenced Corner Lot, Huge Deck!

Kevin Schubel
RE/MAX equity group
360-936-7277
Kevin.Schubel@gmail.com
TeamSchubel.com

New Listing! $174,800

2010-08-17T14:05:00.000-07:00

A Hidden Gem of A Home! Very Convenient to both Freeways yet Very Private. Huge, Privately Owned, Lot to the South gives the Home a Peaceful Setting. 1219 Sq Ft Ranch, 3 Bed, 2 Full Bath, Gas Forced Air Heat, Vinyl Windows, & A Wood/Gas Fireplace. Open Floor Plan w/ Vaulted Ceilings Throughout Most of the Home & A Laundry Room w/ Sink. Private Backyard with Deck & Hot Tub Stays

Kevin Schubel
RE/MAX equity group
360-936-7277
Kevin.Schubel@gmail.com
TeamSchubel.com

New Listing! $149,900!

2010-08-14T14:12:00.000-07:00

Spacious Ranch on a Big Corner Lot in a Quiet & Convenient Location! Newer Vinyl Floors, Kitchen Countertops, Carpet, Paint, Kitchen Appliances, Ceiling Fans, & Light Fixtures! 1340 Square Feet, 3 Bedrooms, 2 Full Bathrooms, Inside Laundry Room with Sink and Built in Cabinets, Storage Shed, Fenced Yard, Covered Patio. Fridge Stays!

Kevin Schubel
RE/MAX equity group
360-936-7277
Kevin.Schubel@gmail.com
TeamSchubel.com

New Listing! $309,000

2010-08-12T11:08:00.000-07:00

Custom Built one level ranch on large treed lot. Home has vaulted ceilings and skylights. Owners just remodeled kitchen main and master bathroom and new furnace. Over $30,000 spent! New designer white appliances! Home features Web Based Utility Monitoring System on all heating electric systems! Garage area finished room for office or bedroom. Inclosed deck-hot tub room!

Kevin Schubel
RE/MAX equity group
360-936-7277
Kevin.Schubel@gmail.com
TeamSchubel.com

New Listing! $159,900

2010-08-08T09:30:00.000-07:00

Spacious Ranch on a Big Corner Lot. 1352 Square Feet, 3 Bedroom, 2 Full Bathrooms, Open Kitchen, Living Room, Family Room, Covered Patio, & A Fenced Yard. Recent Updated Heat Pump & Vinyl Windows! Bay Window & Bench in Each Spare Bedroom. Centrally Located, Good Schools. This One Won’t Last!

Kevin Schubel
RE/MAX equity group
Kevin.Schubel@gmail.com
360-936-7277
TeamSchubel.com

New Listing: Brand New! Tons of Upgrades! Quiet Neighborhood!

2010-08-03T08:49:00.000-07:00

Just completed & loaded with options! You’re minutes from both freeways yet private enough to have little to no traffic passing by. Upgraded wood floors throughout the main level & the open kitchen. The many windows allow tons of natural light to shine in & if that’s not enough you can sit outside on your covered patio. Efficient vinyl windows & natural gas forced air heat!

$164,500

Kevin Schubel
RE/MAX equity group
360-936-7277
Kevin.Schubel@gmail.com
TeamSchubel.com

New Listing - Everything You Need in A Home

2010-07-31T09:14:00.000-07:00

No Disappointment Here! Plenty of thought went into this home when it was built in 2005. Lots of custom tweaks. Great front covered porch area with drip systems setup for hanging plants. Lights above and below the kitchen cabinets for a spectacular look at night. Hardwood floors, gas fireplace, upgraded lights and trim work throughout. Huge Master Bedroom with Vaulted Ceilings, ceiling fan, big walk in closet, double vanity, and jet tub. Upstairs Laundry with sink & built in cabinets. Amazing back yard with a covered patio, garden area, big out building, sprinklers and drip systems for everything, and plenty of grass to play in. Huge RV pad with electric & sewer dump connection!

Kevin Schubel
RE/MAX equity group
360-936-7277
Kevin.Schubel@gmail.com
TeamSchubel.com
GoGoodDeals.com

New Listings!

2010-06-16T21:00:00.000-07:00

Amazing River & Valley Views! Custom Built on 5+ Acres! $444,500!

Big Lot! Priced to Sell! $129,900

Huge Ranch! Private Lot! $215,000!

Master on the Main! Huge Bonus Room! Backs to Woods! $199,900

Contact me for more details!

Thank You,

Kevin Schubel
Our Hard Work Leads to Your Referrals!
Cell: 360.936.7277
Website: www.TeamSchubel.com <- Search the Entire MLS!
Website: www.GoGoodDeals.com <- Search Bank Owned, Short Sale, and/or “Flipped” Properties.
- Certified Distressed Property Expert (CDPE)
- Short Sale & Foreclosure Resource (SFR)
#2 Voted Realtor in The Columbian's "Best of Clark County 2009"

7700 NE Greenwood Drive, Suite 100
Vancouver, WA 98662

2010-06-16T20:52:00.000-07:00

There's finally a good loan program for those of you looking for investment property and/or rentals. Here are the details:

10% Down for Non-Owner Occupied (Investment/Rental) Loans! This is big news because everything has been 25-30% down!
No Appraisal!
No Mortgage Insurance
Property Must be Sold “As-Is.” Typically, investment type properties are sold this way anyway

The “Catch”
The banks are only allowing this loan program on Fannie Mae (Bank Owned) Properties so this cuts down on the available inventory for this type of loan but there are still plenty available!

Contact me for more details!

Thank You,

Kevin Schubel
Our Hard Work Leads to Your Referrals!
Cell: 360.936.7277
Website: www.TeamSchubel.com <-- Search the Entire MLS!
Website: www.GoGoodDeals.com <-- Search Bank Owned, Short Sale, and/or “Flipped” Properties.
- Certified Distressed Property Expert (CDPE)
- Short Sale & Foreclosure Resource (SFR)
#2 Voted Realtor in The Columbian's "Best of Clark County 2009"

7700 NE Greenwood Drive, Suite 100
Vancouver, WA 98662

More New Listings

2010-05-13T10:56:00.000-07:00

"The Compound"
2916 Sq Ft Ranch - 4.74 Acres - 50x70 Shop - 24x30 Garage - 30x44 "Quilting Barn"

"The Half Compound"
2915 Sq Ft House - 2.54 Acres - 30x44 "Quilting Barn"

Price Includes New Siding & Exterior Paint!
1998 Sq Ft - 5 Bedrooms - 2.5 Bathrooms - Remodeled Kitchen

New Listing! 2.11 Acres on Evergreen Hwy - Come Build Your Dream Home With Views into the Columbia River!

2010-04-27T14:17:00.000-07:00

Kevin Schubel
RE/MAX equity group, inc
360-936-7277
Kevin.Schubel@gmail.com
www.TeamSchubel.com

New Listing! $208,000 - Not A Short Sale! - Still in Time for the $8k Tax Credit!

2010-04-23T09:52:00.000-07:00

Kevin Schubel
RE/MAX equity group, inc
Kevin.Schubel@gmail.com
www.TeamSchubel.com
360-936-7277

RE/MAX Shines Again in 2009!

2010-04-20T09:59:00.000-07:00

Our agents last year averaged 15.1 transactions per agent which was 26% better than the next major competitor! RISMedia’s 2010 Power Broker Report & Survey ranked 69 RE/MAX agents among their Top 300, representing 23% of all ranked Realtors. This showing placed RE/MAX 47% higher than its closest co...mpetitor. In the REAL Trends 500 survey, 122 RE/MAX brokerages earned a ranking, giving RE/MAX 24% of the top 500 brokerages in the U.S! Boom!

http://rismedia.com/2010-04-18/national-brokerage-surveys-place-remax-on-top/

Kevin Schubel
RE/MAX equity group, inc
Kevin.Schubel@gmail.com
360.936.7277
TeamSchubel.com

March Market Stats

2010-04-16T14:09:00.000-07:00

March - 2010

Total Listings = 3487
New Listings = 948
Closed Sales = 453
Pending Sales = 665
Expired/Cancelled Listings = 365
Average Sale Price = $244,500
Median Sale Price = $210,000
Average Sale Price Last Year = $250,500
Median Price Last Year = $225,000
Average Market Time (days) = 131
Average Market Time Last Year at this Time = 173
Closed Sales ($0-200k) = 210
List vs. Sale Price = 2.33%
Sold Price vs Original List Price = 8.80%
Closed Sales ($200k - 400k) = 213
List vs. Sale Price = 1.90%
Sold Price vs Original List Price = 7.09%
Closed Sale ($400k+) = 42
Sold Price vs List Price = 7.80%
Sold Price vs Original List Price = 21.98%
Overal Appreciation = -11.60%
Inventory (Months) = 7.7

Year-To-Date - 2010

New Listings = 2765
Closed Sales = 1,053
Pending Sales = 1564
Average Sale Price = $243,000
Median Sale Price = $210,000
Average Sale Price Last Year = $246,200
Median Price Last Year = $210,100
Average Market Time (days) = 142
Average Market Time Last Year at this Time = 169
Closed Sales ($0-200k) = 470
List vs. Sale Price = 2.34%
Sold Price vs Original List Price = 9.91%
Closed Sales ($200k - 400k) = 498
List vs. Sale Price = 2.08%
Sold Price vs Original List Price = 7.61%
Closed Sale ($400k+) = 88
Sold Price vs List Price = 6.25%
Sold Price vs Original List Price = 16.84%
Overal Appreciation = -13.15%
Inventory (Months) = 10.6

Kevin Schubel
RE/MAX equity group, inc
360-936-7277
Kevin.Schubel@gmail.com
www.TeamSchubel.com

Feb Market Stats

2010-03-28T15:29:00.000-07:00

Here are some quick Monthly & Year-to-Date market stats for Clark County (SW Washington):

February - 2010

Total Listings = 3515
New Listings = 838
Closed Sales = 304
Pending Sales = 537
Expired/Cancelled Listings = 269
Average Sale Price = $239,300
Median Sale Price = $207,500
Average Sale Price Last Year = $251,700
Median Price Last Year = $222,500
Average Market Time (days) = 148
Average Market Time Last Year at this Time = 172
Closed Sales ($0-200k) = 138
List vs. Sale Price ($0-300k) = 2.38%
Sold Price vs Original List Price ($0-300k) = 2.79%
Closed Sales ($200 - 400k) = 146
List vs. Sale Price ($300,001+) = 1.89%
Sold Price vs Original List Price ($300k+) = 7.81%
Closed Sale ($400k+) = 22
Sold Price vs List Price = 5.88%
Sold Price vs Original List Price = 14.52%
Overal Appreciation = -12.9
Inventory = 11.6 months

Year-To-Date - 2010

New Listings = 1792
Closed Sales = 585
Pending Sales = 940
Average Sale Price = $242,200
Median Sale Price = $210,000
Average Sale Price Last Year = $243,000
Median Price Last Year = $215,000
Average Market Time (days) = 152
Average Market Time Last Year at this Time = 165
Closed Sales ($0-200k) = 260
List vs. Sale Price ($0-300k) = 2.35%
Sold Price vs Original List Price ($0-300k) = 10.47%
Closed Sales ($200 - 400k) = 285
List vs. Sale Price ($300,001+) = 2.18%
Sold Price vs Original List Price ($300k+) = 7.88%
Closed Sale ($400k+) = 46
Sold Price vs List Price = 5.48%
Sold Price vs Original List Price = 14.27%
Overal Appreciation = -13.15%
Inventory = 12 Months

Whether the numbers support it or not, our market is starting to show signs of recovery. It's going to be a LONG recovery but a recovery nonetheless.

Check out www.GoGoodDeals.com to stay up to date with real estate deals in SW Washington.

Kevin Schubel
RE/MAX equity group, inc
www.TeamSchubel.com
Kevin.Schubel@gmail.com
360-936-7277

New Listings!

2010-03-04T14:21:00.000-08:00

http://www.youtube.com/user/TeamSchubel?feature=mhw4#p/a/u/0/Djuy9UmYGmQ

$292,000
Peace & Quiet in Allwood Manor Neighborhood
Built in 1954
2694 Square Feet
4 Bedroom - 2.5 Bathroom (.5 Bath plumbed for a Shower to make 3 Full Baths)
Master Bedroom on Main Level
Office/Den (Could be 5th Bed)
Hardwoods Throughout Most of Main Level
Upgraded Vinyl Windows
Private Back Yard with a Huge Deck for Relaxing & Entertaining.

Kevin Schubel
RE/MAX equity group, inc
360-936-7277
Kevin.Schubel@gmail.com

Market Stats

2010-02-17T21:34:00.000-08:00

January - 2010

Total Listings - 3407
New Listings - 942
Closed Sales - 275
Pending Sales - 422
Expired/Cancelled Listings - 407
Average Sale Price - $245,100
Median Sale Price - $219,900
Average Sale Price Last Year - $235,300
Median Price Last Year - $208,400
Average Market Time (days) - 156
Average Market Time
Last Year at this Time - 158
Closed Sales ($0-200k) - 122
List vs. Sale Price ($0-300k) - 2.31%
Sold Price vs Original List Price ($0-300k) - 18.15%
Closed Sales ($200 - 400k) - 139
List vs. Sale Price ($300,001+) - 2.46%
Sold Price vs Original List Price ($300k+) - 7.94%
Closed Sale ($400k+) - 24
Sold Price vs List Price - 5.08%
Sold Price vs Original List Price - 14.02%
Overal Appreciation = -13.2%
Inventory - 12.4

Year End Stats - 2009

New Listings- 10060
Closed Sales - 5,077
Pending Sales - 5492
Average Sale Price - $237,800
Median Sale Price - $211,500
Average Sale Price Last Year - $278,300
Median Price Last Year - $242,000
Average Market Time (days) - 156
Average Market Time Last Year at this Time - 150
Closed Sales ($0-300) - 3,983
List vs. Sale Price ($0-300k) - 2.54%
Sold Price vs Original List Price ($0-300k) - 10.03%
Closed Sales ($300+) - 938
List vs. Sale Price ($300,001+) - 4.99%
Sold Price vs Original List Price ($300k+) - 13.43%
Overal Appreciation = -10.59%
Inventory - 10.5

Kevin Schubel
RE/MAX equity group, inc
360-936-7277
Kevin.Schubel@gmail.com
TeamSchubel.com
GoGoodDeals.com

My Story: 1st Hand Experience Why Bank of America Is Failing

2010-02-12T14:00:00.000-08:00

I know the old saying “don’t shoot the messenger” but in this case, I’m hoping the messenger(s) can share this story to better your company.

We just closed a Short Sale that I have been working on for over a year. After all of my work in helping my sellers save their home, and their credit, from foreclosure, I was paid $0.00. Why you ask? Because of Bank of America sending “Approval Letters” that basically left me with no choice. The first HUD we sent to B of A showed a rough Net Proceeds of $154,000 with about $14,700 worth of closing costs. The first “Approval” letter we received requested a Net Proceeds of $159,500, problem was the closing costs stayed the same so this “Approval” required our sellers to bring $5,000 to closing, which wasn’t going to happen since they didn’t have that type of money in the bank.

The buyer was willing to wait for me to get a revised approval letter from you. After about a month of waiting we got another “Approval” letter, this time with a lower Net Proceeds. I was happy to be able to see the light at the end of the tunnel….Until we noticed that this version did not allow for the Seller to pay for $3600 of the Buyers closing costs and the 2nd lien holder to receive a pay off of $2,000 rather than the $3,000 that was previously approved. I knew that the buyer was not going to wait around while I tried to get a 3rd revision and knowing your policy of starting all the way back at step one if a file is closed, I knew I had to get this buyer to close on the house. I did not think B of A would continue to postpone the foreclosure date without another offer.

I told the sellers, the title company, and buyers agent that we would be able to get this closed and to start the closing process. Simultaneously, I tried to get another revision from B of A, knowing that the “revision” we needed would get me paid. I have yet to get word that a 3rd revision is coming….

Instead, the $4500 (plus $100 out of my pocket) in commission that I had coming my way went to paying the $3600 in buyers closing costs and $1000 to satisfy the 2nd Lien Holder. In such economic times as this I guess my only gratification is that the buyers agent made some money, the buyers lender made some money, the title company made some money, the inspector made some money, and the appraiser made some money. The sickening thing is that because you dropped your requested Net Proceed but just forgot to enter the $3600 towards buyers closing costs, B of A ended up receiving a $4,000 overage. Basically, B of A was paid MY COMMISION.

I, myself, have my home loan through B of A and this experience worries me to be affiliated with your company at all. As you might have guessed, I do not, and will not, do any personal banking with your company after this experience. Not only that, the buyer decided she could not trust your company and pulled over $200,000 of her business accounts out of your company. I am a real estate agent, I communicate with thousands of people a year and all of them have been hearing about my frustration dealing with your company. I hope your “Upper Management” understands what this department is doing to the entire Bank of America name. This type of story has been and will be spread and continue to lower your customer confidence. Your unacceptable performance dealing with these short sales is going to affect your entire business.

Kevin Schubel
RE/MAX equity group, inc
360-936-7277
Kevin.Schubel@gmail.com
www.TeamSchubel.com

Market Stats

2009-11-16T13:53:00.000-08:00

October 2009 - Market Stats

Total Listings = 3,421
New Listings = 765
Closed Sales = 535
Pending Sales = 576
Expired/Cancelled Listings = 432
Average Sale Price = $219,700
Median Sale Price = $200,000
Average Sale Price Last Year = $262,400
Median Price Last Year = $233,800
Average Market Time (days) = 138
Average Market Time Last Year at this Time = 153
Closed Sales ($0-300) = 467
List vs. Sale Price ($0-300k) = 1.64%
Sold Price vs Original List Price ($0-300k) = 5.62%
Closed Sales ($300+) = 72
List vs. Sale Price ($300,001+) = 2.17%
Sold Price vs Original List Price ($300k+) = 7.98%
Overal Appreciation = -15.30%
Inventory = 6.4 Months

Market Stats Year-To-Date - 2009

New Listings = 8767
Closed Sales = 4,125
Pending Sales = 4841
Average Sale Price = $238,700
Median Sale Price = $215,000
Average Sale Price Last Year = $282,100
Median Price Last Year = $244,900
Average Market Time (days) = 158
"Average Market Time Last Year at this Time = 150
Closed Sales ($0-300) = 3,242
List vs. Sale Price ($0-300k) = 2.57%
Sold Price vs Original List Price ($0-300k) = 10.19%
Closed Sales ($300+) = 776
List vs. Sale Price ($300,001+) = 4.75%
Sold Price vs Original List Price ($300k+) = 13.26%
Overal Appreciation = -12.75%
Inventory = 11.2

4 New Listings!

2009-10-30T14:42:00.000-07:00

1447 N Q Cir, Washougal, WA 98671 - $189,000

2777 N O St, Washougal, WA 98671 - $260,000

18203 SE 20th Way, Vancouver, WA 98683 - $229,900

825 Shirley Gordon Rd, Woodland, WA 98674 - 3.56 Acre Lot - $179,900

Kevin Schubel
RE/MAX equity group, inc
360-936-7277
Kevin.Schubel@gmail.com
www.TeamSchubel.com

Market Stats - September 2009

2009-10-15T13:24:00.000-07:00

September 2009 - Market Stats
Total Listings - 3,560
New Listings - 819
Closed Sales - 470
Pending Sales - 583
Expired/Cancelled Listings - 439
Average Sale Price - $232,200
Median Sale Price - $211,800
Average Sale Price Last Year - $275,600
Median Price Last Year - $234,000
Average Market Time (days) - 150
Average Market TimeLast Year at this Time - 146
Closed Sales ($0-300) - 399
List vs. Sale Price ($0-300k) - 1.70%
Sold Price vs Original List Price ($0-300k) - 7.50%
Closed Sales ($300+) - 84
List vs. Sale Price ($300,001+) - 4.02%
Sold Price vs Original List Price ($300k+) - 13.64%
Overal Appreciation - -14.80%
Inventory - 7.6

Year-To-Date - Market Stats
New Listings - 7975
Closed Sales - 3,554
Pending Sales - 4306
Average Sale Price - $241,200
Median Sale Price - $215,000
Average Sale Price Last Year - $284,300
Median Price Last Year - $245,000
Average Market Time (days) - 160
Average Market TimeLast Year at this Time - 149
Closed Sales ($0-300) - 2,775
List vs. Sale Price ($0-300k) - 2.68%
Sold Price vs Original List Price ($0-300k) - 10.69%
Closed Sales ($300+) - 704
List vs. Sale Price ($300,001+) - 5.04%
Sold Price vs Original List Price ($300k+) - 13.84%
Overal Appreciation - -12.47%
Inventory (months) - 11.7

Kevin Schubel
RE/MAX equity group, inc
360-936-7277
Kevin.Schubel@gmail.com
www.TeamSchubel.com

New Listings!

2009-09-03T09:19:00.000-07:00

2 New Listings in Yacolt, WA
517 E Timber Way & 224 S Spruce Ave
Both Have the Following Features:
1198 Square Feet
3 Bedroom
2 Full Bathroom
Built in 2008
Wood Floors
HUGE lots (.25 Acre)
Concrete Counter Tops (224 S Spruce Ave)
Granite Counter Tops (517 E Timber Way)

$178,000
100% Financing Available!
http://www.visualtour.com/show.asp?t=1988014&sk=14 <- 224 S Spruce Ave - Virtual Tour http://www.visualtour.com/show.asp?t=1988327&sk=14 <- 517 E Timber Way - Virtual Tour

http://www.youtube.com/watch?v=_xNx5UCXNiY <- YouTube Video

Kevin Schubel
RE/MAX equity group, inc
360-936-7277
Kevin.Schubel@gmail.com
www.TeamSchubel.com

2009-08-12T17:07:00.000-07:00

Market Stats - July 2009

Total Listings
3,815
New Listings
899
Closed Sales
525
Pending Sales
598
Expired/Cancelled Listings
435
Average Sale Price
$237,300
Median Sale Price
$213,000
Average Sale Price Last Year
$283,600
Median Price Last Year
$245,000
Average Market Time (days)*
148
Average Market TimeLast Year at this Time*
87
Closed Sales ($0-300)
438
List vs. Sale Price ($0-300k)
-2.26%
Sold Price vs Original List Price ($0-300k)
-9.34%
Closed Sales ($300+)
95
List vs. Sale Price ($300,001+)
-3.00%
Sold Price vs Original List Price ($300k+)
-8.93%
Overal Appreciation
-14.00%
Inventory
7.3

Kevin Schubel
RE/MAX equity group, inc
360-936-7277
Kevin.Schubel@gmail.com
www.TeamSchubel.com

2009-08-11T11:39:00.000-07:00

Interesting Market Stats!

June - 2009
Total Listings
3,798
New Listings
983
Closed Sales
480
Pending Sales
589
Expired/Cancelled Listings
578
Average Sale Price
$244,300
Median Sale Price
$212,500
Average Sale Price Last Year
$278,300
Median Price Last Year
$249,900
Average Market Time (days)*
153
Average Market TimeLast Year at this Time*
88
Closed Sales ($0-300)
394
List vs. Sale Price ($0-300k)
-2.38%
Sold Price vs Original List Price ($0-300k)
-9.37%
Closed Sales ($300+)
108
List vs. Sale Price ($300,001+)
-5.49%
Sold Price vs Original List Price ($300k+)
-13.17%
Overal Appreciation
-13.20%
Inventory
7.9

YEAR-TO-DATE Stats!
New Listings
4325
Closed Sales
1,514
Pending Sales
2152
Average Sale Price
$242,700
Median Sale Price
$217,800
Average Sale Price Last Year
$289,900
Median Price Last Year
$249,900
Average Market Time (days)*
168
Average Market TimeLast Year at this Time*
95
Closed Sales ($0-300)
1,566
List vs. Sale Price ($0-300k)
-3.05%
Sold Price vs Original List Price ($0-300k)
-11.32%
Closed Sales ($300+)
421
List vs. Sale Price ($300,001+)
-5.23%
Sold Price vs Original List Price ($300k+)
-14.08%
Overal Appreciation
-11.55%
Inventory
13.7

If you like this, I have an entire Excel Spreadsheet with all sorts of information I can send you.

Kevin Schubel
RE/MAX equity group, inc
360-936-7277
Kevin.Schubel@gmail.com
www.TeamSchubel.com

New Listing - 2217 NW 138th St

2009-06-25T00:03:00.000-07:00

Amazing House! Backs to Pine Crest Golf Course & A Greenbelt!

· 3135 Sq Ft
· 5 Bedrooms
· 4 Full Bathrooms
· Full Finished Basement
· 2 Great Decks & A Patio
· Golf Course Views
· Greenbelt Privacy
· Great Master Suite
· Bamboo Floors
· Eating Area w/ Views
· Gas Range
· All Appliances Stay
· Plenty of Room for Entertaining
· Great Schools
· Quiet Neighborhood

· Lease Option Possible
· $2500/Month

http://www.youtube.com/watch?v=nQcJCYXA-EE <- YouTube Video

http://www.visualtour.com/shownp.asp?sk=13&t=1925711 <- Virtual Tour

MLS# 9048909

More Info @ www.TeamSchubel.com

Kevin Schubel
RE/MAX equity group, inc
360-936-7277
Kevin.Schubel@gmail.com

Team Schubel Times - April 2009

2009-04-27T14:50:00.000-07:00

WORK LIFE
Big news again since the last time I wrote. DAD FIRED HIMSELF! The official announcement came a couple months ago so this is old news to many of you. Everyone should know that Dad is adjusting just fine into his new/old role of Agent!...However, he continues to help out in the managerial side of things. I am also happy to report that his stress level has decreased and he seems much more comfortable around the office in his casual dress attire as apposed to the manager suit everyday!
I’m also happy to report that our phones have been ringing off the hook with motivated buyers and sellers. We have multiple deals “in the cooker” that we will hopefully be able to get closed in the next month or two…
Short Sales = Long Process
I’ve been trying my hardest to talk positive about the real estate market whenever/wherever I can, especially with major media outlets. I’ve been lucky enough to be on the radio a couple times over the last couple months. KXL AM-750 has interviewed me a couple times on their morning news program about the current real estate market and the new Stimulus Plan. I was proud to go on air and spread the positive word about real estate. And I wasn’t lying!
I was also contacted by some producers from the show “My First Place” on HGTV that wanted to know if I had any good applicants for their show. Within 20 minutes I had a couple submit some information and the three of us did a casting tape a week later. A week after that we got a call congratulating us for making the cut, my friends (a newlywed couple) and I will be on TV in the months to come. As soon as we know when the air date will be, you will be sure to know.
A special thanks to those of you who voted for me “Best Realtor” on The Columbian’s “Best of Clark County 2009.” Because of you guys I received the 2nd most votes and am mentioned as a runner up! Yes, winning would have been sweeter but considering I sent out a mass email asking, begging for you to vote with 2 DAYS left in the voting I am very grateful to have placed #2. Especially considering the small timeframe, I am deeply grateful and appreciative that so many of you jumped right on the chance to vote for me as “Best Realtor.” And with a heavily biased response, I think you’re right!

WHAT'S NEW WITH KEVIN?
Big news this edition, I have a wonderful new girlfriend! Shortly after my last newsletter I started dating Lacey Hamerin (aka Lacey “Evans” from KXL’s morning radio show, how else did you think I got on the radio so much!?!?) Yes, she is the one that I climbed St Helens with and she kicked my butt up the mountain! Things are progressing very very well and we even made the decision to move in together. Scary! Unfortunately for both grandmas there is still no plan in sight for another family wedding or great grandchild!
I know I’ve mentioned it a couple times but I will finally be remodeling my master bathroom. That means the last of the salmon pink that my house was covered in from top to bottom will be replaced. Thank the lord!
Other than that, I have been sneaking in an occasional motorcycle ride every now and then (again, sorry mom/grandmas) and keep hoping for the warming, dryer weather to stick around. Dad vowed to spend more time riding this year now that he shed the role of “Big Boss Man” so hopefully we can get in some good rides this Summer.
Dad and I have also had enough free time around the office to hunt for boats on Craigslist. My sales skills have been put to the ultimate test trying to convince Mom and Dad to buy a boat that Scott and I would like instead of a cheaper boat that would suit them just fine. So far “more quality family time” and “less debt” for either of their sons have been my best angles. I’ll keep the pressure on and hopefully sooner or later we’ll have some great “family” pictures from sunny days on the lake/river. Fingers crossed!

MARKET TALK
Short and sweet, it’s still a great time to buy and a tough time to sell. Period. However, as you can see I have a lot of paper left so I need to fill it up somehow. We have actually seen signs of the market turning around. The average sales price for property in Clark County actually increased from January to February and our office also sold more property in Feb ‘09 as we did in Feb ‘08.
There are still many people that are scared to “jump off the fence” and buy right now because of the economy. In my opinion, prices are about as low as they will go, interest rates might be as low as any of us will ever see in a buyers market like this, and the government is offering some great incentives for first time buyers! If you haven’t already heard, the government is now offering an $8,000 tax credit to “first time buyers.” (First time buyers are considered anyone who hasn’t owned a home in the last 3 years.) The $8,000 does not need to be repaid unless the property is sold within 3 years. This credit is applied to your refund at the end of the year so it’s fairly easy to get cold hard cash!!! This will, and already has, sparked the real estate market. The credit is only good for homes purchased before December 1, 2009 so if you can, plan to buy this year and not next.
I also have some food for thought for anyone that is still contemplating buying right now or waiting for things to “Hit the Bottom.” Those people waiting to buy at the absolute bottom of the market rarely buy at the right time. Typically, by the time we know we hit the bottom, we’re already on the upswing out of it and they miss out. Also, waiting is a risk. Will interest rates still be insanely low “at the bottom?” Will the perfect house for you still be on the market “at the bottom?” Even if prices do drop a little more, it won’t be much, maybe 3-5% at most, ask yourself this. Will you really save that much money if you wait 8-12 more months to possibly save $10-15,000? I would argue no. Even if the interests rates were the same in a year from now, you’ve missed out on 8-12 months worth of tax deductible mortgage payments (easily $1000 or more depending on the loan amount). People that are buying now will get their “Better Deal” when taxes come around and they a huge amount of deductions.
If all of this isn’t enough motivation to buy, how about interest rates at 52 year lows!?! As I write this on the 24th of April, interest rates are at 4.625% on a 30 year fixed mortgage. Although, walking into your local bank and getting approved for a loan isn’t as easy as it used to be. You actually have to be able to qualify for a home loan now, go figure! Don’t let me scare you into thinking it’s too hard to get a loan though. It’s fairly simple, if you can truly afford a mortgage right now, you can qualify and you can buy. As you can imagine, banks are scared of more of their loans defaulting and going into foreclosure. The inventory, the deals, and the interest rates make right now an exceptional time to purchase real estate!
Don’t worry sellers, you haven’t been forgotten about. Selling is sounding a little more possible now that the market is turning around slightly. There’s still a ton of “distressed” inventory which is bringing your values down but selling is definitely still a viable option. I know I’ve said it before but look at it this way. Selling your home for less than you think it’s worth is still worth it to buy a new property for much much less that it’s probably worth. I know selling your current home for $25,000 less than it was worth a couple years ago doesn’t sound appealing but when you can buy another house for $100,000 less than you could a couple years ago, it will help lessen the blow! Also, agents and buyers are getting tired of waiting on the banks response on Short Sale listings. Your home could be very enticing to some buyers if closing in 30 days is a possibility!

A Changing Market - Time To Get Motivated!

2009-04-17T13:49:00.000-07:00

If you’ve been thinking about buying you might want to motivate yourself a little bit more because things are selling….and selling pretty quick! With interest rates well under 5% and the introduction of the $8,000 tax credit to anyone that hasn’t owned a home in the last 3 years, the real estate market in Clark County, Washington has picked up a bit. Don’t believe me? Our inventory in January was 21 months, in February it was 18.6 months, the March numbers were just released and our current inventory is 11.6 months! There were 100+ more homes sold last month than the month before.

Also, I have no solid stats to back this up but the “good deals” that we have been following over the last couple months are all going pending or already sold now. Don’t get me wrong, there is still a lot of property for sale right now but a majority of what I would consider good deals are what is being purchased. Time to get motivated!

If you’ve been wanting to sell but don’t absolutely have to it might also be a time to seriously think about taking advantage of this slight jumpstart in the market. There is still an overwhelming amount of “distressed” (Short Sale & Foreclosure) properties on the market to deal with but more and more agents and buyers stray away from the headaches that follow distressed property. No one likes to wait for months just to know if an offer was accepted or not and with short sales that is the timeline. All of a sudden being able to close on a house and move-in in 30-45 days is a big positive for buyers.

If you’re even a bit interested in selling your home, feel free to contact Dad or myself and we’d be happy to do a Comparative Market Analysis for you to let you know what your property is currently worth.

Kevin Schubel

RE/MAX equity group, inc

360-936-7277

Kevin.Schubel@gmail.com

www.KevinSchubel.com

7 New Listings!

2009-04-06T22:36:00.000-07:00

Hey Guys, Sorry it’s been so long since I posted something but you’ll understand why when you see the rest of this entry. Here are 6 new listings of ours from the last month or two!

For more info on any of these houses click on the link below or visit KevinSchubel.com

http://kschubel.equitygroup.com/listings/query.php?feat=1&aid=004602438&oid=004600009&temp=1014&aname=Kevin+Schubel&aimg=1&agent_hasfeat=18&

13503 NW 13th St, Vancouver, WA - $219,000

13210 SE 7th St, Vancouver, WA - $199,950

1121 W 33rd St, Vancouver, WA - $139,900

27007 NE 19th St, Camas, WA - $297,500

4301 NE 49th St, Vancouver, WA - $228,900

4604 NE Pacific Ave, Vancouver, WA - $175,000

Stimulus Bill - Home Buyer Tax Credit

2009-02-19T09:49:00.000-08:00

Hopefully most of you have heard about portions of the Stimulus Bill that President Obama and our Government passed. There is good news for you first time home buyers or those of you who haven’t owned a home in the last 3 years. There is now an $8,000 tax incentive for buyers that WILL NOT have to be repaid.

If you buy a house anytime between now and December 1, 2009 you will be eligible to deduct up to $8,000 from your taxes over the next 1-3 years (final details still to be released). The credit is only valid for personal residences, sorry, no investment properties. You must also live in the home for 3 years or more or all or a portion of the tax credit will have to be repaid (again, final details still to be released).

All of this is great news for our market AND mainly you buyers that will be able to take advantage of this opportunity. Remember, not only are you going to get an $8,000 tax write off but you will also get all the tax benefits from actually purchasing and owning a home! Your tax refunds will be healthy at the end of the year OR you can have your employer take less out of your paychecks, get more income during the year, and still get a decent tax refund.

As always, feel free to contact me with any questions.

Kevin Schubel
KevinSchubel.com
Kevin.Schubel@gmail.com
360-936-7277

Bank Owned Tsunami

2009-01-13T13:36:00.000-08:00

I’m going to be honest with you, our market is going to get worse before it gets better. In my opinion, we are going to see prices drop, SLIGHTLY, in the next 3-6 months. Reason being, a tsunami of Bank Owned properties hitting the market.

The “Bail Out” Bond that was passed by the government postponed many home foreclosures during November and December. The government didn’t want people getting kicked out of their homes during the holidays. So for the last 2 months, 75% of foreclosures set to be auctioned off have been delayed and rescheduled in addition to those already set to be foreclosed. Here comes the title wave!

The problem is that the “vultures” at the courthouse buying these properties aren’t going to have enough money to buy them all. They will be even more picky and only buy the best deals, the rest are returned to the Banks possession and re-listed on the market. This is where the flooding begins. It would not be a surprise to see 150-200 properties a week NOT be purchased at the auction and end up as bank owned properties. A WEEK! On top of that, some bank owned properties are trashed, missing appliances or other fixtures in the house. All this is going to do is bring prices down even more. However, like I said earlier, I do not believe this wave will affect prices drastically. Houses for sale for $200k now will NOT drop to $150k. At most, I’d guess another 3-5% decrease County-wide.

The reason it won’t drop too much is that people are already starting to buy. If you’ve talked to me lately you’d know that I have been extremely busy showing property to prospective buyers. Interest rates are at historic lows right now and people are taking advantage!

Kevin Schubel
RE/MAX equity group, inc
360.936.7277
Kevin.Schubel@gmail.com
KevinSchubel.com

Quick Home Buying Tips: Especially for you first time buyers!

2008-12-18T17:11:00.000-08:00

Floor Plan: Homes with 3+ Bedrooms & 2+ Bathrooms build equity the fastest, no matter what the size! Houses with 1 Full Bath and 1 Half Bath (Toilet & Sink, No Shower/Tub) also appreciate faster than homes with only 1 Full Bathroom.

Heating Systems: Homes with central heat (Gas Forced-Air or Heat Pump) are more efficient AND more valuable. Homes with Oil Forced-Air heat are fairly efficient too and are much cheaper (relatively) to upgrade to Gas Forced-Air or a Heat Pump than other older forms of systems.

Windows: Homes built in 1994+ will have vinyl windows. Anything built before that with vinyl windows was either an option or has since been upgraded to better, vinyl, windows.

Lead-Based Paint: Homes built after 1978 will NOT have any chance of having lead-based paint on the exterior of the house. Anything built prior to 1978 could have lead-based paint but hopefully previously fixed by the owner.

Old Homes: Homes built in the 1930’s or before should have their Electrical and/or Plumbing systems checked out. More times than not homes built from these eras have already upgraded these two systems but not always.

Obviously, there are a lot more variables, facets, and concerns when it comes to finding the right house but these short tips are a very good place to start!

For more information or if you have any questions, contact me.

Kevin Schubel
RE/MAX equity group, inc
360.936.7277
Kevin.Schubel@gmail.com
KevinSchubel.com

November Newsletter

2008-11-26T10:15:00.000-08:00

Work Life
That’s right, I’m still in the real estate business! How you ask? Well, we just keep finding people interested in taking advantage of the current market. Just last month I was able to help some first time buyers find a BRAND NEW home and all they spent out of their pocket was $253! Were they excited? Yes would be an understatement.

Since my last edition, much has changed around the office. With the market still slow and agents dropping like flies we’ve merged our Salmon Creek Remax office and our office here at the Vancouver Mall branch. It’s been a good thing so far, having more agents around the office gives off the feeling of people being busy. Whether we all are or not is yet to be seen. Another positive about the merger is that those that are still left in this business are, for the most part, the successful ones. Trust me, still being the “new kid“ and being surrounded by even more good agents has been very beneficial for me. All the “new” agents have been very generous and eager to share their knowledge and experience.

I’ve started two new ways to market/advertise/keep in touch with those of you interested in the Clark County real estate market or just me in general. The first is on YouTube.com. It was an easy decision, take videos of property we have for sale and put them on one of the highest visited sites on the internet. Man, this real estate stuff is hard! If you would like to see our videos go to
Www.Youtube.com/user/kevinschubelDOTcom (**Disclaimer: unfortunately my degree isn’t in video production so don’t be expecting too much with the quality**)

Another wave I’ve decided to jump on is the BLOG. This is a better way for you to keep up on new listings, trends, deals, financing tips, etc. I will try and post something once a week or so. So, if my newsletter isn’t enough for you every 3-4 months, subscribe to my blog and you will be emailed every time I write something new. You can find my new blog at www.KevinSchubel.BlogSpot.com

Our office is also adopting a family, or two, again this holiday season. If you would like to know how you can help out feel free to contact me.

What's New With Kevin?
Many of you know the biggest news since my last newsletter because many of you were there, Scott & Stacey got married! What a wonderful night it was. I am also glad to report that the newlyweds had a great time on their honeymoon in St Maarten. There was a lot of lounging on the beach and A LOT of catching up on sleep since neither of them did much in the short weeks leading to the big night.
For those of you unable to attend the wedding, you’ll be happy to know I didn’t make a fool out of myself for the big Best Man/Brother speech. Drinking was kept to a minimum and I was reminded all night by “loving” friends and family to not ramble on for too long; a family trait from both sides.

A week prior to the wedding I was also fortunate enough to hike to the top of Mt St Helens. Some old time friends, Danny & Marta Fay, were in from Utah and invited another friend, Lacey, and me to tag along. I found out quickly that running a couple times a week was no match for the shape I should have been in! The marathon running, weekly hiking, living at altitude tag team of Danny and Marta made me feel like a fat couch potato. However, through all of my pain and complaining I made it to the top and I’m glad I did.

The only other news I can think of to report is that I had my kitchen remodeled. Out with the old multi-shade reddish/orange-ish cabinets and baby blue Formica counter tops and in with new white cabinets and gray granite tile. What a difference!

Market
Special Guest Writer, DAD!!!

Good Market – Bad Market

Hard to believe anyone would call this a good market now that 20% - 30% of the home sales are REO (foreclosure properties) and seller Short Sales (sellers selling for less than debt owed)! This makes getting market value for your current home very difficult to do. But if you’re choosing to step up into a larger home or a home on acreage there couldn’t be a better time. If your current home won’t sell at market value, the new home you’re purchasing will probably be discounted significantly more than what your leaving behind. Even the people who have begun thinking of their first investment rental home can make fantastic purchases right now. If you’re thinking is to save the money for a future college fund or retirement, real estate is still the safest investment. Let a renter help provide you a write off today and appreciation for tomorrow. When you realize that your real estate investment is appreciating times the total value of its net worth and not the actual investment capital that you used for down payment, the interest rate actually earned is quite high. I’ve yet to get any tax relief or write off on any of the stocks I’m currently holding. It’s not uncommon for a 3 bedroom two bath house to be selling significantly under the $200,000 price range right now where’s as two years ago this product was not available at this price plus along with being driven up by multiple competing offers and absorbent closing costs on buyers loans.

So with the Market loaded with vacant homes in all price categories offering significant price reductions and the inventory at an all time high, there’s a great selection for a good solid real estate investment opportunity. I know the next question is financing. The news is filled with how hard it is to get a loan right now. Actually that is only partially true. If you have good credit and some down payment most of the original loans are still available. 3% down FHA with seller paying closing costs has been an excellent loan since I’ve been in real estate (29 years). Non owner occupied loans are a little more costly needing 20% down but these funds can come from a existing home equity line or the sale of that good ole stock portfolio. Owner occupied rates are still under 5.625% with non owner properties running slightly higher at .5% add or 6 ¼ today. Wow what rates! In 1981-1985 the rates were consistently above 16%! Ask me because I was there!

So what got us here and what’s going to get Clark County economy moving again. The end of 0 down, non qualifying, unprotected loans with high closing costs that made the lenders a huge amount of profit but left the Banks and Governmental Agencies that purchased these loans on the hook for huge amounts of non qualified buyers that are now forfeiting on their loans. Wow what an interesting concept, down payment and the need too qualify for the loan you’re receiving. Low down payment loans really do need Private Mortgage Insurance! Now that we’re seeing the return of investors and landlords buying homes in this market the bottom normally is within site. Rents seem to be higher than normal and vacancies are low. Even I have purchased a rental in the last 30 days! I heard a quote the other day that more millionaires are made in a down market than an up market. I truly believe in this and in Clark County real estate. As the vacant and foreclosed properties are absorbed back into the market place and with the current lack of new construction starts there will be more pressure on existing property which as usual will start the appreciation back up. I’m projecting a jump in the first year or two since housing is below cost right now. I’m happy that my retirement is not totally effected right now since my rental units just keep paying off every month. I wish I could say that about my 401K program!

So my comment would be “buy if you can”. If your job is solid and your credit cards are within reason please look at buying up or making your first investment. Take advantage of the current market conditions. I glad that through the years I did! So call the second best agent in town and ask questions, Kevin Schubel 360-936-7277.

Kevin Schubel
RE/MAX equity group
360.936.7277
Kevin.Schubel@gmail.com
KevinSchubel.com

A BOOMing Market!

2008-11-17T19:51:00.000-08:00

Beauty is in the eye of the beholder. With the foreclosure market surging, buyers have been reaping the rewards in Clark County!

Right now, I can't motivate my first time buyers enough. It is not 2005 but it is prime time for those that have never purchased a home to get in cheap and start with some equity! With 100% financing programs and sellers contributing to buyers closing costs it's possible to buy a house for $253 out of pocket. No Joke! I have some very happy buyers that just did this!

I've noticed many Realtors acting down in the dumps and gloomy about the current market situation but I am enjoying it. Yes, having listings right now can be a little nerve racking but buying clients are golden! Stay positive and confident!

Kevin Schubel
RE/MAX equity group
360.936.7277
Kevin.Schubel@gmail.com
KevinSchubel.com

Loosen Restrictions, Shrink Inventory

2008-11-13T15:52:00.000-08:00

With all of us wishing for SO MANY things in real estate during this down market in real estate, I've found my one wish...

I would like the lending industry to loosen up on its non-owner occupied loans. Currently, there are no options for less than 20% down. I would like lenders to go back to offering 5-10% down programs for "investor money." Why? If a buyer is planning on using the investment property as a rental they are probably going to have an easy time covering their mortgage, even without 20% down. Real estate values have been declining but rents have been staying steady, if not rising! On top of that, the rental market is going to be strong for many years to come with so many home owners going through Short Sales and Foreclosures taking big credit hits.

Investors buying more real estate will benefit everyone (at least in our industry). Agents will sell more houses, lenders will process more loans, title companies will have more closings, etc...Everybody wins! Instead of an investor buying one rental, with the same amount of money they could buy 2 or 3. The inventory would shrink faster which will probably bring our market and the entire economy back faster!

I won't hold my breath but I'll keep my fingers crossed.

Thanks,

Kevin
RE/MAX equity group
360.936.7277
Kevin.Schubel@gmail.com
KevinSchubel.com

OUR LISTINGS! Videos!

2008-11-11T18:10:00.000-08:00

Kevin Schubel
RE/MAX equity group
360.936.7277
Kevin.Schubel@gmail.com
KevinSchubel.com