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buying real estate in seattle: Stop Reading the Newspapers!! Buy Seattle Real Estate in 2008 - 03/14/08 02:02 PM
Will Rogers once said that you only need to buy one newspaper in your life and just keep reading it over and over again because things don't really change.  People in Seattle...take his advice!!
The economy in Seattle has been and continues to be strong.  It's projected that Seattle will grow by about 1,000,000 people by 2020 and by a mere 100,000 by 2010.  Housing inventories while they have increased since October of 2007 are still by all accounts pretty low.  Mortgage rates are still at historic lows.  Marketing times have increase by about 300% from about 20 days to over 60 … (2 comments)

buying real estate in seattle: The Mortgage Crunch and Seattle Real Estate - 08/13/07 11:50 AM
With the all the problems and new policies in the mortgage industry today we are all sure to feel some impact in our local markets.  While Seattle has continued to be one of the strongest Real Estate markets over the past two years in the country, it looks like the tide may be changing some.  Buyers with marginal credit or zero money down will find it harder and more expensive to get a mortgage right now.  Stated Income Loans have more requirements and higher interest rates attached to them.  We have a client that has excellent credit scores and his mortgage payment has increased by about $200 a month on the same loan amount in … (1 comments)

 
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David Bell

Seattle, WA

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RE/MAX Metro

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