Here’s a quick note from Daily Real Estate News from the National Association of Realtors: Home builder confidence rose in October for the first time since May. The National Association of Home Builders/Wells Fargo Housing Market Index rose three points to 16. All three components of the index were up with sales conditions rising three [...]

The Mortgage Bankers Association is predicting the mortgage rates will rise modestly in 2011 from ‘records lows in the low 4% range to merely historic lows in the low 5% range.  The rise in rates will likely mean a lower level of new mortgages due primarily to fewer refinances, however the MBA expects new mortgages [...]

We’ve just confirmed the date for our next client appreciation event – Santa Pictures 2010. On Saturday, December 4th we’ll welcome you and your friends to our office for a day of celebrating the holidays that will include: Free Professional Digital Picture With Santa . Light Lunch & Seasonal Beverages . Activities For The Kids [...]

We’re definitely seeing the real world reflection of these most recent stats… check out a 5 year view of Pending and Sold transactions in King County.  The major annual trend:  January is slowest month, June/July/August peak, market slows through end of the year. However this year is quite a bit different – principally due to [...]

Median home prices in King County has held steady in September at $350,000 – which is good news especially after the decline in closed sales from expiration of tax credits earlier in the year. This time we’ll take a broader look at median home price over the past eight years – we can see that [...]

There are two major complaints of homeowner facing foreclosure: Accuracy becomes a victim to efficiency – in many states the trustee’s (those who are enforcing a foreclosure) are relied on to review and ensure that all documents are accurate and in compliance with local foreclosure law before proceeding.  Recently, they’ve been face with such a [...]

Largely doesn’t apply to Washington – our foreclosure process and laws are substantially different that the problematic methods used in other states. . Does not affect homes bought from banks in Washington – buyers who’ve purchased from properties from banks after they have foreclosed are protected by title insurance. . Does not affect homes that [...]

Here’s a brief article from National Association of Realtors & Experian: Major credit scoring company Experian revealed the nation’s metropolitan areas with the highest and lowest average credit scores. Experian analysts say that difficulty meeting housing payments are a critical driver of credit scores in this market. Cities with the highest average credit scores: · [...]