David's Blog

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Real Estate Agent - Edwards Real Estate Group, Inc.

ARCHIVED BLOG POSTS

2011 

Posted by David Edwards under For Buyers, For Realty Professionals, Listings, Prices, Fairwood 15606 157th Ave SE, Renton 98058 Price: $259,900Bedrooms: 3Bathrooms: 2.5Year Built: 1991Square Feet: 2130Lot Size: 0.15 AcresMLS: 165297 This move-in-ready home is in a great location on a quiet cul-de...
01/31/2011
Last month Dustin Van Wyck from Cobalt Mortgage blogged about the hidden cost of credit, which are risk based adjustments to interest rates as a result of less than perfect credit. This is his latest post that continues on this theme as those risk based adjustments were increased AGAIN as of 1/14...
01/27/2011
While summer is generally known as the peak season for home sales activity, the winter can also offer great advantages for sellers - such as less competition from other sellers. With a little effort, you can use the season to your home-selling advantage.  Let's put these ideas to work, so your ho...
01/26/2011
President Obama signed an $858 billion tax bill into law on December 17, keeping income tax rates from increasing before the new year. The legislation… Extends the Bush-era income tax cuts on income, capital gains, and dividends for two years Reduces Social Security payroll tax rates by 2% for on...
01/25/2011
Affordability  is bsed on the percentage of a median family's income required to make mortgage payments on a median-priced home. The relationship between mortgage rates, home prices, and family income is the most favorable on record for buying. The home price-to-income ratio continues to remain w...
01/24/2011
This trend continues to support home buying as it translates to significant savings for buyers. As overall economic recovery remains on track, rates are expected to rise to keep inflation in check. To find the value of your home, visit: http://www.davidjedwards.com/free-home-evaluation.asp To sea...
01/20/2011
A steady increase in home sales and a shrinking inventory are cutting down the month's supply to 9.5. This is one month down from October and one and a half months below last year. While still at a relatively high level, months of inventory has declined substantially since its peak of 12.5 months...
01/19/2011
Total inventory fell to 3.71 million in November from 3.86 million in October. This reflects the increasing response from buyers to improved affordability conditions. As lending standards return to historical norms and consumers become more confident about their financial situation, more people w...
01/18/2011
Median home prices edged up slightly to $170,600, 0.4% above year-ago levels. Distressed homes have accounted for a fairly stable market share, representing 33% of sales in November. This is on par with the 34% in October and 33% in November 2009. Historically favorable interest rates, coupled wi...
01/17/2011
Sales activity rose to a seasonally adjusted annual rate of 4.68 million in November. This was up 22% from July and 5.6% above the 4.43 million level in October, but remained 27.9% below the 6.49 million tax credit rush a year ago. As steady job creation is expected to continue, industry experts ...
01/13/2011
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David Edwards

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smartphone(425) 890-8045
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