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How to Get Your House Sold Right Now
Remember the real estate saying: “It’s all about location”? While that’s still true, in today’s market it’s all about price. Price is what is driving our market … and will continue to drive our market. Why? Because buyers have the…
Less New Construction These Days- Why?
We’ve had questions from clients about why there aren’t many new presale opportunities: According to a September news release from the National Association of REALTORS®, not only is the price in the new-construction market refusing to shift downward, but the…
Top Remodel Projects
A common question I get is, “What should I spend my remodel money on?” So, I thought I’d share the following information with everyone: Some remodels will reap greater benefit than others. According to Remodel Magazine’s 2009-1010 report, adding a…
Making Sure Your Price Is Right
This past weekend The Seattle Times had a good Real Estate article, Making Sure Your Price Is Right: http://seattletimes.nwsource.com/html/realestate/2012981343_realpricing26.html Specifically I agree with the figures given on pricing. “Seattle-area home prices have dropped nearly 25 percent from their peak in…
NEW FHA RULES MEAN HIGHER PAYMENTS FOR BUYERS
If you are buying a home or refinancing using an FHA loan, your annual mortgage payment could increase substantially if you don’t act by October 4. FHA announced changes to both the Up Front and Annual Mortgage Insurance Premiums charged…
The Most Overlooked Home Renovation with the Highest Return on Investment
When people hear the word renovation, what often springs to mind is “frustration”. They imagine the mental anguish of months of torn-up carpets, moved furniture, and construction debris. However, there is one renovation that is relatively simple and yet provides…
Take the Green Real Estate Quiz
Green, sustainable, renewable, energy-efficient, environmentally friendly… whatever you want to call it, green isn’t going anywhere for a while. In the meantime, how much do we really know about the myriad of standards, certifications & solutions? Here’s a quick quiz,…
What are homes really selling for….
Home prices are generally reported in one of three ways: as an average price, as a median price (both of which include dissimilar properties), or as a “constant quality” price (which compares very similar properties). Let’s take a brief look…
Do’s and Don’ts After You Apply For A Loan
Homebuyer Do’s and Don’ts: Recommended DO’S: DO continue to make payments on time for current mortgages, cars, credit cards, etc. DO paper trail, document, and explain any large or unusual deposits or withdrawals into accounts (checking, savings, stock, etc.). DO…
Stronger housing demand predicted for 2011
According to two leading economists, the real estate market is on the rebound. Moody’s Chief Economist Mark Zandi (Moody’s Economy.com) and the National Association of Realtors Chief Economist Lawrence Yun recently predicted a marginally stronger demand for housing heading into…