#9 Mukilteo WINNER Top 100 rank: 9Population: 20,300 Unemployment: 8.2%*Compare Mukilteo to Top 10 Best Places As West Coast towns go, Mukilteo (pronounced MUCK-ill-TEE-oh) is in good economic shape. Bank-owned homes represent a small fraction of houses on the market, and area employers, including Boeing, are hiring again. It has affordable homes by Seattle standards, good schools, and a killer location right on Puget Sound. And the town is spending to beef up its attractions: A new 29,000-square-foot community center debuted in February, and historic Lighthouse Park recently got a makeover. --S.M. #18 Newcastle WINNER … (2 comments)
Hi Active Rain Community! I wanted to share some of our recent flips with you. This was a split-level home purchased by an investor in Bothell, Washington. Our team helped them acquire the property, finance it, flip it and sell it. What happened... ·Acquisition Price: $170,000 ·Actual Fix up: $65,000 ·Selling Cost: $25,200 ·Sale Price: $315,000 Net Profit: $54,800!·Time Spent: 6 Months Click here for pictures of the whole project and let us know what you think of the rehab: https://picasaweb.google.com/112506832239218751378/BothellSplitLevel Check out our website: www.heatondainard.com
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real estate investment: What's your real estate investment strategy this year?
- 12/28/11 09:32 AM
As we approach 2012, it's time to evaluate your current investments and come up with a strategy for the new year! Great news- there couldn't be a better time to invest in real estate in King County! Considering a cash flow property? Rental rates in King County are up over 13% in the past year. Thinking of flipping a house? Our investors are experiencing average cash on cash returns of over 40% for each property. Did you know the average stock market return over the last 5 years was only 4.2% and CDs had an average return of only .48%. That's less than 1%! You do the … (0 comments)
With tough loan underwriting guidelines, a market saturated with distressed and bank owned inventory, and reduction in loan programs, selling a home is no walk in the park. Imagine the relief and joy of a homeowner when they do get an offer or even multiple ones? However, the days of celebrating an offer are long over. Homeowners face a new, even bigger problem: the appraiser. Appraisers are coming in way below purchase price and killing a sale on the spot. Homeowners can do everything right to get the house in shape for the market from remodeling, staging and making … (81 comments)
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