Crockett Blockhouse
In the late 1850’s, word of the Indian Wars came to Whidbey Island encouraging settlers to construct blockhouses as an effort to protect their families and land. After several other blockhouses were built by other settlers Col. Walter Crockett built his own in 1857. These houses were small two-story buildings built with logs placed horizontally parallel to each other. The top story was considerably larger than the bottom with numerous gun ports to provide visual access from all directions.
Luckily, no war or invasion ever transpired and the blockhouses were never used for their intended purposes. Many became storage locations for goods and one even became a law office. Over the years many were repaired and transformed into historic monuments.
Today, the Crockett blockhouse is one of four that remain part of the Ebey’s Landing National Historic Reserve and have been maintained to preserve this piece of history.
Check out the rest of Whidbey’s beautiful destinations from this series here.
Where Have All the Houses Gone?
In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage rates and purchase a home, housing inventory dropped even further. Experts consider this to be the biggest challenge facing an otherwise hot market while buyers continue to compete for homes. As Danielle Hale, Chief Economist at realtor.com, explains:
“With buyers active in the market and seller participation lagging, homes are selling quickly and the total number available for sale at any point in time continues to drop lower. In January as a whole, the number of for-sale homes dropped below 600,000.”
You can take a closer look at how the market here on Whidbey has progressed by clicking here.
Every month, realtor.com releases new data showing the year-over-year change in inventory of existing homes for sale. As you can see in the map below, nationwide, inventory is 42.6% lower than it was at this time last year:
Does this mean houses aren’t being put on the market for sale?
Not exactly. While there are fewer existing homes being listed right now, many homes are simply selling faster than they’re being counted as current inventory. The market is that competitive! It’s like when everyone was trying to find toilet paper to buy last spring and it was flying off the shelves faster than it could be stocked in the stores. That’s what’s happening in the housing market: homes are being listed for sale, but not at a rate that can keep up with heavy demand from competitive buyers.
In the same realtor.com report, Hale explains:
“Time on the market was 10 days faster than last year meaning that buyers still have to make decisions quickly in order to be successful. Today’s buyers have many tools to help them do that, including the ability to be notified as soon as homes meeting their search criteria hit the market. By tailoring search and notifications to the homes that are a solid match, buyers can act quickly and compete successfully in this faster-paced housing market.”
The Good News for Homeowners
The health crisis has been a major reason why potential sellers have held off this long, but as vaccines become more widely available, homeowners will start making their moves. Ali Wolf, Chief Economist at Zonda, confirms:
“Some people will feel comfortable listing their home during the first half of 2021. Others will want to wait until the vaccines are widely distributed.”
With more homeowners getting ready to sell later this year, putting your house on the market sooner rather than later is the best way to make sure your listing shines brighter than the rest.
When you’re ready to sell your house, you’ll likely want it to sell as quickly as possible, for the best price, and with little to no hassle. If you’re looking for these selling conditions, you’ll find them in today’s market. When demand is high and inventory is low, sellers have the ability to create optimal terms and timelines for the sale, making now an exceptional time to move.
Bottom Line
Today’s housing market is a big win for sellers, but these conditions won’t last forever. If you’re in a position to sell your house now, you may not want to wait for your neighbors to do the same. Let’s connect to discuss how to sell your house safely so you’re able to benefit from today’s high demand and low inventory.
Continue to follow our local market with Windermere’s Cheif Economist, Matthew Gardner by clicking here.
QR Codes Connecting Us to History
Whidbey Island is home to several wonderful little towns each with their own fascinating history and culture. Perhaps the most intriguing is Whidbey’s oldest town; Coupeville, home of the first Whidbey Island settlement.
Coupeville:
Coupeville is an adorable waterfront community rich in history and culture. In 1850 Issac Ebey became the first official Whidbey Island settler when he applied for the first land claim on the island. Claiming over 600 acres of what is now Ebey’s Landing, Ebey was soon to be followed by his nephew and many others. By 1854 there were 29 settlement claims in Coupeville alone and in 1881 it officially became the Island County seat.
Preservation:
Although all of Whidbey is covered in fascinating history, Coupeville is unique in its preservation. Where many of the original buildings of Oak Harbor and Langley have been torn down or decimated by historic fires, downtown Coupeville’s original buildings remain intact and in use. In fact, the town of Coupeville has more historic buildings in a condensed area than anywhere in the Pacific Northwest.
Technology:
To celebrate this fact and educate people on these beautiful historic buildings, Island County’s 4-H club took on the project of using modern technology to connect us to the past. Next time you’re in downtown Coupeville, take a closer look at those historic store windows. You might just see one of these:
Scattered down Front Street are tons of these QR codes leading to the Coupeville Historic Waterfront Association website developed by the 4-H club in 2012. This website is full of information gathered from the Island County Historical Society, City Records, and over 100 personal interviews with people recounting memories and stories of the historic downtown. Each building’s QR code will lead you directly to that building’s history: when it was built, its original purpose, and the different stores that have occupied the space.
So, the next time you are strolling down Font Street whip out that smartphone of yours and learn a little bit of history along the way.
You Might Also Like: