Seattle Home Price Bubble?

Mortgage Rate News, June 13, 2019

I want to pass on mortgage information provided by a very competent and experienced mortgage broker, Lori Richmond. Mortgage rates are expected to drop in July. Already there’s been a remarkable surge in re-fi’s and new applications. Please contact Lori about your choices. _____________________________________________________________ Learn about mortgage apps and what’s expected at next week’s Fed …

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Spring hath bloomed… it’s that time of year again!

Grab Your Rubber Gloves and Hammer! Every spring, your home needs some extra TLC! Whether you plan on selling your home this spring or not, conducting this maintenance will help ensure your home functions well for the rest of the year. I have a list of specific suggestions for getting your house ready for market …

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Seattle Metro Area March Housing Report

Provided by Dave Skow Loan Officer  

‘Powerful Recovery’ as Sales Jump 11.8% in February

 WASHINGTON (March 22, 2019) – Existing-home sales rebounded strongly in February, experiencing the largest month-over-month gain since December 2015, according to the National Association of Realtors®. Three of the four major U.S. regions saw sales gains, while the Northeast remained unchanged from last month. Total existing-home sales1,, completed transactions that include single-family homes, townhomes, condominiums …

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Home Purchase Builds Family Wealth

  The Connection Between Home Prices & Family Wealth Over the next five years, home prices are expected to appreciate 3.22% per year on average and to grow by 17.3% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchased …

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Housing Market Normalizing

If history proves right, stocks are set to climb

Even observers who have been cutting their targets remain relatively upbeat about the stock market’s 2019 prospects.   PHOTO: SHANNON STAPLETON/REUTERS January historically strong period for stocks Friday’s (Jan 4 , 2019) big rally in stocks helped erase the worst two-day start to a year since 2000. For investors who track seasonal patterns in markets, it also …

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Rise of the mortgage-free Seattle homeowner

Aging Boomers and Rich Millennials… fueling the rise of the mortgage-free Seattle homeowner If you’re among the thousands struggling with the high cost of housing in Seattle, here’s a statistic that might make you wince. Census data show that in 2016, more than one in four Seattle homeowners owned their home outright, free from any mortgage …

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Staged to Sell

What value does staging bring to your selling process? To do or not to do…