bothell values: Understanding the Higher Loan Limits
- 02/14/08 10:13 AM
Exclusive Update: Understanding the Higher Loan LimitsWe have seen a whirlwind of legislative activity these past few weeks! There is much confusion surrounding the recently passed Economic Stimulus Package and higher loan limits. Unfortunately, the new law can be confusing to decipher, and not everyone will benefit. For this reason, we have provided an outline below that clarifies what this new law means for you and how you can benefitfrom the higher loan limits. Description and Overview:An economic stimulus package just passed Congress on February 7, 2007 and was signed into law by the President on February 13, 2007. This new law is … (0 comments)
bothell values: Home prices up 5.9%, inventory up over 40% YIKES !
- 10/08/07 03:57 AM
Reflecting turmoil in the mortgage markets and buyer uncertainty, the median sold price of King County detached houses has fallen two months in a row. It's now back to where it was in early spring - perhaps the first sign that prices are softening as the number of homes for sale continues to build. The county's median single-family home price was $450,000, according to the September sales report released this morning by the Northwest Multiple Listing Service. That's just below last March's median of $457,500 and almost $32,000 less than this year's high of $481,750 in July. (Median is the midpoint; half the properties … (0 comments)
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