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housing: The Economic Recovery Has Begun! - 03/17/09 05:51 PM
Hey Everybody,Today, the Commerce Department announced that U.S. housing starts jumped a staggering 22.2 percent to an annual rate of 583,000 units last month. That is the biggest percentage rise since 1990.Housing (banking) led us into this economic mess and it will be housing that leads us out of this mess... Last week, CitiBank shocked everyone by turning a profit. This week, home builders shocked everyone by actually building homes again. This announcement comes as the first gain in housing starts since April of last year.Wall street understood the meaning of this announcement and posted a 178.73 point (2.48%) gain for … (0 comments)

housing: A Housing Shortage in Skagit County? - 08/27/08 10:22 PM
Since President Bush signed the Housing Bill on July 30th, I've experienced a huge surge in business!  I was curious to see if it was simply me having some good results, or if there has been a shift in the market.  I ran a search of homes for sale in Mt. Vernon, Burlington, and Sedro Woolley priced under $300,000.  There are currently 422 Active listings in the Northwest Multiple Listing Service (NWMLS).  There are an additional 101 homes that have Contingent/Pending transactions on them.  That is a very healthy number!  It indicates that a Seller's Market is on the way!  A … (2 comments)

housing: Housing Rescue Bill Signed Into Law - 08/03/08 01:17 AM

On Wednesday July 30th, 2008, President Bush signed the Housing Rescue Bill into Law. 
The big question... What does this mean to you?  The answer is "several things".  This is a sweeping housing law.  The goal is to stabilize the housing market across the country.   Washington State has had a bit of a price slump after several years of huge gains, however the problems in the Nation's real estate market have really only dealt us a glancing blow in the grand scheme of things.  However, we will reap all of the benefits of this new law!
The primary objectives of … (1 comments)

housing: Reuters posted an article suggesting the Real Estate Market is getting better! - 07/25/08 09:42 PM
The news agency Reuters posted an article today entitled "A glimmer of light for US housing?".  The article/video points out that inventories of available homes are going down.  Also, home sales statistics have not been anywhere near as bad as economists had been predicting.
The US Senate is expected a major housing rescue bill, that has already passed through the House, and the Bush Administration has rescinded its objections (and possible VETO). 
Here is the video (posted with permission from Reuters)
 

 
Certainly good news for the US real estate market.
-Bill

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housing: The Housing Crisis Is Over - 05/16/08 09:00 AM
The Housing Crisis Is Over According to an article in the Wall Street Journal on May 6, 2008 by Cyril Moulle-Berteaux, "the housing market is bottoming right now." (Click here to read the article for yourself.)

It finally feels like Spring in Skagit County.... The Sun is shining, the birds are singing, gas prices are high.... Yep its Spring alright... Give me a call at (360) 708-2929 and we'll go house shopping!



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Bill Sauneuf

Mount Vernon, WA

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