Real Estate Business
June 16, 2009
Yes, we made the list. Some cities are likely to recover more quickly from the housing downturn than others. Forbes magazine has identified the top 10 cities that it believes are poised for recovery by examining unemployment figures, projected gross domestic product from Moody’s Economy.com, and housing affordability data from […]
May 9, 2009
An interesting article about the current Seattle market, from the Seattle PI. “Contrary to popular belief, the recent decline in home prices has not resolved the nation’s housing affordability problems,” Jeffrey Lubell, executive director of the Center for Housing Policy, said in a news release. “Working families — including most […]
May 6, 2009
Pending sales are up: Pending sales in Kitsap jumped a whopping 43.89% (377 in April 2009 compared to 262 in April 2008) Kitsap is the regional leader by far: Pierce increased 18.92% Snohomish increases by 23.17%, King increased by 9.38% Counties seeing a decrease in pendings: Mason declined by 9.9% […]
April 18, 2009
They look a lot like last year. Here are the numbers. Data is take from the NWMLS. 2009 Number of Closed Residential Sales 45 Days on the Market 202 Selling Price Per Square foot $267 Selling Price $778K With 32 Homes Pending or Contingent and 10 additional Condos Pending or […]
April 17, 2009
New Commercial Listing in Winslow 1266 Square Feet of Commercial Space Prime Retail Space on Winslow Way Close to Ferry Across from Streamline Diner Next door to Adam and Eve Beautiful Building with Professional Landscaping and Courtyards with Seating Located on the Corner of Ericksen Avenue and Winslow Way $22 […]
March 26, 2009
With my recent post on foreclosures, that leads me right into the topic of short sales -another buzz term that is dancing around this new real estate market we have all entered. A short sale occurs when a home is sold, usually through the traditional “list it with an agent,” […]
March 26, 2009
With foreclosure being such a buzz word, this is a good time to clarify some important definitions and the foreclosure process. Pre-foreclosure. Pre-foreclosure means you have missed payments on your mortgage, and by definition are in default. For example, a borrower could be $9,000 behind in payments. During this time, […]
March 18, 2009
A little more breathing room for buyers. Last year I had buyers scrambling to close before December 31st 2008, to take advantage of the $475K FHA loan limit about to expire in Kitsap County. It did expire, but as of February 26th 2009, the President’s Economic Recovery Package has lifted […]