Creekside Mortgage - Video Blog- Vancouver, WA VA Home Loans

Check out the Southwest Washington Video Blogs below

June 6th, 2023 | Kerry N. Greenwald | NMLS#70269

Hey Clark County, your NW VA Guy here to help answer some questions about the latest going on with VA loans. Some positive upticks this last weekend. We got 4 contracts that came in, government contracts on VA. This is a big deal right now. We’ve had a hard time going through and getting stuff accepted just because the first thing when there is a lack of inventory is they are going to accept that conventional deal or the cash offer obviously. Government loans are the 2^nd and 3^rd options. So, it’s good news to see contracts going through and not having multiple offers on a property, having one maybe two offers show a positive trend. I think rates have had a lot to do with this. I definitely think it is a great time to go through and do something. We are still watching the explosion happen. One of our transactions was in Camas, WA, one in Vancouver, Washington and we’re still seeing things happening all the way up into Woodland, WA. Kalama, WA has been a big area seeing new growth and obviously Ridgefield, WA and Battle Ground, Washington are always going to be one and two in that regard. I think the county will continue to keep growing as rates start falling like they are right now, and I think we will have more positive activity happen later on this year. If you have any questions, please reach out to me or my team. You can email us at greenwaldteam@creeksidem.com. We would love to go through and answer any of your questions.

May 30th , 2023 | Kerry N. Greenwald | NMLS#70269 | Clark County / Southwest Washington Update

How will the negotiation and settlement of the debt ceiling affect Clark County and the surrounding areas of Vancouver, Washington, Ridgefield, Washington, Woodland, Washington, and Longview, Washington? How is that going to affect our overall local market? We’ve been driven off crazy lately in Clark County. All these areas from Battle Ground, WA to Hockinson are absolutely exploding with neighborhoods going in. Then again, if you do an aerial shot, just the open farmland and the capability of continued growth is immense. I still think that along the I5 corridor is where we are going to see the most growth happening. Mostly in Ridgefield, WA and up into La Center, Washington. La Center, WA is kind of landlocked for what can go through and happen, but I think that’s where we are going to get biggest growth factors. So, with the debt ceiling coming, what affect is that going to have? Well, we think rates have basically climaxed just from the negotiations that were going through. There won’t be a law signed until probably the 5^th of next month, but that isn’t very far away. So, when that starts happening, we should start getting slight improvement in rates. I think that’s something that’s coming, and my fingers are crossed. I didn’t think we’d get up into this high range where we are right now, but here we go again this is the third time. First in November, then in the beginning of February and now we’ve peaked again. We definitely want to get off of that number and get more stimulation or more value factors so people can go through and buy. So, don’t hesitate to reach out to us. It is a very difficult market, difficult time and good luck on trying to time it perfectly. That is virtually impossible. But we’re all here and we’re all trying to guess what is going to happen next.

May 25th, 2023 | Kerry N. Greenwald | NMLS#70269

The current market conditions for VA home loan purchases in Woodland, Washington are favorable for potential buyers. Woodland, WA. is a scenic city located in the southwestern part of the state, offering a mix of rural charm and convenient access to urban amenities.

As of my knowledge cutoff in September 2021, Woodland’s, WA. real estate market was experiencing steady growth, with a balanced inventory of homes available for sale. The city’s proximity to major employment centers like Vancouver, WA. and Portland, OR makes it an attractive location for homebuyers.

Given the low interest rates typically associated with VA home loans, qualified buyers have an opportunity to secure affordable financing options. The VA loan program provides eligible veterans and active-duty service members with favorable terms, such as no down payment requirements and competitive interest rates.

It is important to note that market conditions can change over time, so it is recommended to consult with a local real estate agent or lender for the most up-to-date information on Woodland’s current market trends, housing inventory, and VA loan availability.

May 23rd, 2023 | Kerry N. Greenwald | NMLS#70269

Southwest Washington as a whole, we keep talking about it. Our biggest entry point of people moving into our state in this area is coming from Oregon. That has been the number one driving factor that’s come from across the river. I spent this last weekend driving out in the countryside here and you can see the exploding areas in Ridgefield, WA, Battle Ground, WA and all the way out to Woodland, WA and Kalama, WA. You’re seeing an expansion that’s continuing to take place. Despite this, over the last year there haven’t been a lot of new rooftops that have popped up. I got a statistic from the Ridgefield School District that over the entire course of the year, they added 6 new students. All year. Just two years ago they were averaging almost 6 increased students on a weekly basis. I don’t necessarily know if this means the growth isn’t happening or if other things are happening, but that’s a sign that definitely shows there has been a slowdown in new rooftops popping up. You are seeing Camas, Washington, and the surrounding areas along the I5 corridor continue to explode. We’ve seen a lot of transactions happening around Kalama, WA and I think that area will continue to grow moving forward. We are seeing a lot of opportunities all the way up in the Longview, WA and Kelso, WA areas. You are seeing houses $150K to $200K less than that same house in the Vancouver Metro area. That is a huge key factor for people. I do think people will continue moving across the river for safety reasons, tax purposes, and all sorts of things. Southwest Washington is going to continue to explode in each area. So definitely reach out to us. VA is our passion. If you are looking for a VA Purchase, 100% Cash-Out Refinance or 90% Debt Consolidation loan to pay off debt, we can help with it all. I know rates are higher right now, but if you’re paying a lot of money on car loans or credit cards it makes complete sense to consolidate it all. Hopefully in the near future we will be doing the streamlines as rates start coming down on VA. Keeping everything entrenched in that VA system is going to be key. Creekside Mortgage is always here to help so reach out to the Greenwald Team at any time.