JUST LISTED: Immaculate Upgraded Three Bedroom Home in Lakewood - 10/21/10 04:26 PM

12304 Glenwood Avenue SW, Lakewood, WA, 98499
Price: $245,000Bedrooms: 3Bathrooms: 2Year Built: 1952Square Feet: 1710Lot Size: 17500MLS: 143495
This immaculate move-in-ready home has been maintained and upgraded throughout. The fenced yard is a shy half acre. The kitchen and bathrooms have been updated and new carpet has been installed. Great built-in storage cabinets, spacious rooms, new wiring and big closets. The property has a pool that can be restored or decommissioned. There is also a detached pool house with kitchen and bathroom which needs work to add value. The pool and pool house were not considered in determining market value.  
… (1 comments)

"Wise Buyers" Taking Advantage of Chance to Get Stellar Homes - 10/14/10 04:28 PM

KIRKLAND, WA, October 5, 2010 - Home sales remained subpar around most of Washington during September, but directors from Northwest Multiple Listing Service say they are encouraged by some positive signs. 
"It's a slow recovery, but it's trending in the right direction," said Joe Spencer, president and COO of John L. Scott Real Estate and a member of the NWMLS board of directors.  Among positive indicators the directors cited were pending sales ("starting to show signs of life"), month's supply of inventory (pointing toward a more balanced market), stabilizing prices (with more homes being priced competitively), the market adjusting to … (1 comments)

Affordability - Percentage of Income - 10/04/10 03:50 PM
The percentage of a median family's income required to make mortgage payments on a median-priced home.

Housing remains highly affordable, and prospective home buyers stand to benefit from the lowest mortgage rates in decades, as well as advantageous home prices. The home price-to-income ratio continues to remain well below the historical average of 25%, but stabilizing home prices are beginning to draw affordability back up toward more normal levels. The ratio now stands at 15.5%.
Affordability as of July every year. Calculations assume a 20% down payment.Source: National Association of Realtors
To find the value of your home, visit: http://www.davidjedwards.com/free-home-evaluation.aspTo … (1 comments)