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Real Estate Blog

Welcome to Centralia: The Hub City

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So just why exactly is Centralia nicknamed the Hub City? Before we answer that question, let me delve into a little history. Looking at the logo, you can see a hub of a wheel. This is just a little misleading! Centralia is located between two major seaports, Seattle and Portland, Oregon. It’s also less than […]

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October 2019 Market Update

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AVERAGE SALES PRICE UP NEARLY $6,000! There is a common misconception that the market slumps in the winter months. The graph above (from InfoSparks) goes back to 2016. Show me where you see a slump! Sure there may be one month down or even, but then it goes right back up again. Just to give […]

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The Anatomy of the Deal

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Part 5: Title Contingency Addendum The Title Contingency Addendum, or 22T as we call it in the biz, is a very important 1 page form. Although about half a page long, the 22T is a protection for the buyer regarding the ownership of the property. Encumbrances Let’s say there is a neighbor who thinks they […]

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The Anatomy of the Deal: Part 4

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22K: Utilities Addendum The utilities addendum does exactly what it says: identify utilities. This is important for a couple of reasons. A potential buyer would be interested in knowing who they’re going to be working for water/sewer etc. Mostly, this form is important for the title company. They will call on the utility companies and […]

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September 2019 Market Update

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AVERAGE SALES PRICE CLIMBS $3,500! The chart above is a 13 year history of the average sales price in Lewis, Thurston and Cowlitz Counties. As you can see, Lewis County reached the peak of 2007 before the market collapse and those prices were already surpassed by January of 2018. PREDICTING THE MARKET Last year at […]

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August 2019 Market Update

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The August Lull Strikes Again! After reviewing the stats from last month, we saw a slower and slower increase and then a decrease in median home price. I wondered whether this was the peak of the market or just the annual end of summer lull when everyone goes on vacation and real estate slows down. […]

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