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homes: Recent home prices with some Seattle, Washington region suprises. - 02/22/11 11:46 AM
No news can sometimes be good news. According to the December Home Price Index, recently released by analytic firm CoreLogic, "2010 shows home prices stabilized with the average annual HPI index showing no change relative to 2009."
Month over month, however, home prices were still down in December, with prices declining by 5.46 percent from November. This was the fifth straight month of declines. Home prices were also down in some unexpected areas. While declines in home values were expected in previous boom areas, such as California and Florida, declines have now been surfacing in some new, unlikely cities.
A recent … (0 comments)
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homes: Waterfront townhome in Kent, Washington. Close to Federal Way, Auburn, and Seattle - 12/04/07 11:26 AM
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homes: Information about Kent, Washington including Real Estate Market data vs. King County, Washington, and the United States. - 10/22/07 01:36 PM
Here is some local data information for our area in Kent, Washington. This information compares the data vs. King County, Washington, and the entire United States. It provides a good look at home prices, vacancy rates, owner occupied, and more. Please take a look and see how we rate vs. your area.
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homes: Arms are getting ready to adjust. Are you and homeowners alike ready for the adjustment? - 09/24/07 12:00 AM
Come next month, some of the cheap loans that got U.S. buyers into homes they might not have otherwise been able to afford are expected to get far less cheap. Adjustable-rate mortgages, which offer lower rates for an initial period, already are resetting. But the Mortgage Bankers Association estimates October through December will bring the peak of these new, higher rates - and pricier mortgage payments. Such adjustments could spell continued trouble for a sluggish national housing market.
I think this will be a major concern, even with the Fed lowering rates and offsetting some of the pain. This will play a … (5 comments)
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homes: 3 bedroom remodeled home in Kent, Washington! Large lot, Mountain view and more! - 09/23/07 11:41 PM
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homes: Fast track credit piggybacking gone soon! Buyers will work harder to achieve good credit. - 09/21/07 12:11 AM
The days may be numbered for dozens of Internet-based companies that promise to quickly boost FICO credit scores by 200 to 300 points.
What is credit piggybacking???
Using a FICO-boost service, a mortgage applicant with a history of late and missed payments and a low FICO score in the 500s, for example, could puff up his or her score well above 700 and be eligible for the best interest rates and fees.
Though the add-on users receive no actual access to the credit card and cannot rack up charges, Fair Isaac's current FICO model allows the cardholders' excellent payment histories to flow directly into … (6 comments)
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homes: Sell that home quicker! Tips for agent & sellers to bump up that curb appeal. - 09/19/07 02:20 PM
In a slow market, sellers need to do everything possible to help get their home looked at. Here are some basic tips.
1. Beware of grand gestures:Exterior improvements should be in keeping with the scale and proportion of your house and fit in with the neighborhood. So as lovely as a formal colonnade might look on the front of your boxy Colonial Revival, it may seem over the top when viewed in context with the simple salt box next door.
2. Don't stand out like a sore thumb: When picking paint colors, it's best to match the intensity of your neighbors' shades. If … (4 comments)
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homes: Many say the Fed lowering rates will help the housing market. Do you agree? - 09/19/07 12:37 AM
The fed lowered rates today 1/2%. They did shock the stock market, which shot up over 300 points, but will this help the housing market? I think not! or at least not for the short term. There are way too many negatives in the Real Estate market right now for a small decrease in rates to overcome a housing slowdown.
1) Foreclosures setting records.
2) Arms resetting into much higher payments.
3) Liquidity still an issue for mortgage loans.
4) Jumbo loans are very expensive.
5) Investors are sitting on sidelines or liquidating.
6) Buyers are nervous.
Real Estate markets are cycles and I think we are in post … (5 comments)
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Jason Schweiger
Auburn,
WA
More about me…
Network Funding LP
Address: Auburn, WA, 98001
Office Phone: (253) 315-5580
Cell Phone: (253) 315-5580
Email Me
Puget Sound Mortgage Broker working hard for my clients in the entire Puget Sound region including Issaquah, Bellevue, Seattle, Redmond, Kent, Auburn, Maple Valley, Covington, Renton and more.
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