Karl's Blog

Here is some news regarding the rate watch for this week. This information is from my good friend Alisa DeFalco at CTX mortgage.Forecast for the Week Hold onto your hat...this week features a juicy and potentially market moving economic calendar. We'll get a look at the Fed's favorite measure of ...

Big surprise today, the Seattle Times is reporting that our commute is taking longer. In some area the commute increased by 14 minutes over the past two years. The highest being from Federal Way to Bellevue at 56 minutes and in second place is the commute my wife takes each day, Everett to Seattl...

There is a story on SeattleTimes.com about how new homes sales have dropped by the largest amount in 16 years. If you read that story please rememeber the very first word of the headline "National".  This is an AP story regarding the national market. New home sales in our Puget Sound area has dro...

Here is some general information from the NWMLS reviewing 2006.During 2006, members of NWMLS. . .Reported more than 96,000 closed sales with a combined value of more than $35 billion (p.28) Experienced a 6.7% drop in number of units sold compared to 2005, but an increase of about 5% in the dollar...

I've had some interesting conversions with some clients over the past couple of weeks and some people are under the impression when they are buying a home they need to pay a commission to the agent that is helping them. That is not true. The selling commission is paid by the person/s that are sel...

All the news I am hearing right now is good.  It's good for the buyers and for the sellers.  The stats for 2006 so far are saying that 2006 was the third best year in history as far the number of home sales.  Current we more homes available so there are more homes for the buyers to choose from, p...

Each week my good friend Alisa DeFalco from CTX Mortgage sends me an email with a recap of last weeks mortgage news and a forecast for the week. I've cut and pasted the forecast for the coming week below for your general information. Please let me know if you have any questions.  This week will b...

My son Taylor and I went to the Sonics game last night against the Bucks. Thanks to Morgan for the tickets. It was Taylor first NBA game. We were only about 10 rows up from the floor. We where close enough that we could hear the players talking to each other. It was 80's night and they had some o...

Wow, what an eye opening experience in starting my blog yesterday. There are a lot of great blogs out there with a lot of great information. There is also a lot of support from other bloggers, especially here at Activerain. I'll read a number of the blogs here and have learned a lot already. Like...

Thanks for lunch today Alex. It's always great to meet up with long term friends and catch up a little bit.  What a great place to go, Happy Days, on Smokey Point Blvd in Arlington.  If any of you guys go there ask to sit in Nick's section, she's a fun person.