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    Recent Questions Answered…Carpets

    Last week I was asked the following question by a potential seller: “Should I replace my carpet before selling my home?” This is actually a question that I am asked quite often. The answer is, “it depends”.  I cannot give a blanket recommendation…

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    Mortgage Loans 101 – Part 2

    Last post I talked about fixed and adjustable rate mortgages. There are additional terms that may be discussed and you may be wondering what the terms mean and how it applies to you. In addition to the fixed rate mortgage…

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    Mortgage Loans 101 – Part 1

    Buyers can easily get overwhelmed by the options they are confronted with when it is time to apply for a loan. Conventional? Government-backed? Fixed rate? Adjustable rate? Even within these categories there can be several options. Before you can determine…

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    Multi-Generational Housing Making a Comeback

    Our housing needs as a nation are changing. While the last few decades have seen a decline in multiple generations living under the same roof, that trend tends to be reversing as more and more adult children are moving back home and homeowners…

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    A Year-End Review…some shocking stats!

    Inventory Analysis change over a year comparing the same month. A snapshot of Seattle, residential homes 300k-600k. Current Vs. Same Month 1 Year Ago                         Nov. 12              Nov. 11       % Change For Sale        340                        613                 -44.5% Sold               281                         188                  49.5% Pended         275                         …

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    FHA Revises Condo Rules

    FHA is loosening on a few aspects of lending for condos. Four new policies will make purchasing a condo with an FHA loan easier (not only FHA as other lenders often follow FHA’s lead.) FHA can approve loan applications for…

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    Time For An Investment Property?

    According to the National Association of REALTORS®, the period ending in July 31st showed the fifth consecutive month of rising home prices. In fact, the national median home price has risen 9.4% in the last year alone. But if you…