HOW TO GET A BETTER PERSPECTIVE ON AFFORDABILITY

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Real Estate Agent with Keller Williams Realty - Bellevue 89879

Headlines spotlight the fact that buying a home is less affordable today than it was at any other time in more than a decade. Those headlines are accurate.

Understandably, buying a home is more expensive now than immediately following one of the worst housing crashes in American history. Over the past decade, the market was flooded with distressed properties (foreclosures and short sales) selling at 10-50% discounts. There were so many that this lowered the prices of non-distressed homes in the same neighborhoods. As a result, mortgage rates were kept low to help the economy.

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Five Star Professional 2012

 


by Dan Edwards find me on Google+

The Eastside Real Estate  Team Blog

Dan Edwards provides a superior level of real estate services to home buyers and sellers in the Greater Eastside of the Seattle Area. Visit The Eastside Real Estate Team to search for homes in Redmond, Kirkland, Bellevue, Maple Vally, Newcastle, Issaquah, Sammamish, Snoqualmie and surrounding areas.

 Whether your real estate needs are big or small, know that you can turn to me in confidence to ensure a five star experience!

Dan Edwards, REALTOR, GREEN, CDPE, CNE 425-200-4093

 

 

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Rainer
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Dörte Engel
RE/MAX Leading Edge - Bowie, MD
ABC - Annapolis, Bowie, Crofton & rest of Maryland

Dear Dan,

This is all true, but in this country you can leverage a 3-5% down payment to fix your rent for the most part for a long time, all while getting a tax deduction in the bargain. Try that in Italy, where often a 40% down payment is required. May not only be mom's cooking that is keeping grown men living at home.

Feb 12, 2019 09:53 PM #1
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Rainmaker
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Dan Edwards 425-276-7008

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