From Deflation to Elation as the City of Puyallup Gets a LIFT - 09/23/08 06:59 PM

When Washington State's Community Economic Revitilization Board (CERB) told the City of Puyallup last Thursday that they came in Fourth Place for the State's LIFT (Local Infrastructure Financing Tool) grant, and would not be awarded $1 Million to connect Puyallup's downtown core with South Hill, a collective sigh could be heard from City Hall.
The City's deflation has turned to elation today according to City Manger, Gary McLean, as the CERB has moved the City of Puyallup into Third Place ahead of the City of Vancouver, awarding Puyallup with the $1 Million grant they were hoping for.
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Puyallup September Real Estate Market Update - 09/15/08 06:39 PM
August statistics just released by the NWMLS show another modest increase in the median home price. The median home price for Puyallup ended August at $266k - still, a 10% drop in year-to-date appreciation. Today's news in the financial market - namely Lehman Brothers going bankrupt, Merrill Lynch being sold to Bank of America, and the possible restructure of AIG - will likely cause mortgage banks to further reassess risk. What this means is less money to lend to fewer people; less money to fewer people will mean fewer homes selling and the continued erosion of equity in Puyallup real estate.
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Pierce County September Real Estate Market Update - 09/15/08 06:34 PM
August statistics just released by the NWMLS show another modest drop in the median home price. The median home price for Pierce County ended August at $258k - an 11% drop in year-to-date appreciation. Today's news in the financial market - namely Lehman Brothers going bankrupt, Merrill Lynch being sold to Bank of America, and the possible restructure of AIG - will likely cause mortgage banks to further reassess risk. What this means is less money to lend to fewer people; less money to fewer people will mean fewer homes selling and the continued erosion of equity in Pierce County real estate.
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Mortgage Rate Update - 30 Year Below 6%! - 09/15/08 06:22 PM
Our mortgage reporter, Rhonda Porter, providing mortgage rate update:
With the Government stepping in to bail out Fannie and Freddie, mortgage rates have greatly improved this week.  No one knows for certain how long these low rates will last-of course we hope they're here to stay.   Many changes are coming into effect at the end of this month with FHA, including the termination of Down Payment Assistance Programs (Congress is pushing a new bill that my save DPAs such as Nehemiah) and increased down payment requirements for FHA.
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Bottled Water - Friend or Foe? - 09/10/08 11:20 PM

Our resident "green" expert just posted this article on bottled water:
Bottled water to you may be a necessity or a luxury. You've probably read a lot about PET (polyethylene terephthalate) or BPA (Bisphenol A) possibly leeching into your liquids from the plastic which hopefully has given you some pause when purchasing bottled water. Bottled water is something that is particularly harmful to our environment. For starters, the Pacific Institute tells us that it takes three liters of water to produce one liter of bottled water! Thats a lot of water to package water!
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Jason Mook

Puyallup, WA

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Address: 12114 104th Ave. E., Puyallup, WA, 98374

Office Phone: (253) 845-5900

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