RECENT BLOG POSTS
FOR IMMEDIATE RELEASE: November 3, 2011   Housing activity during October shows mixed results with sales up, prices down, buyers still hesitant   KIRKLAND, WA, November 3, 2011. Befitting October and Halloween, last month's housing activity had both tricks and treats. Northwest Multiple Listi...
11/10/2011
Notice is hereby given that the Newcastle City Council will conduct a public hearing on the Proposed 2012 Property Tax Levy and 2012 Revenue Sources: Tuesday, November 15th, 2011 at 7:00 PM. The hearing will take place in the Council Chambers at City Hall: 12835 Newcastle Way, Suite 200, Newcastl...
11/07/2011
Definition: The percentage of a median family’s income required to make mortgage payments (principal and interest) on a median priced home. Unprecedented interest rates, low mortgage rates as well as the first-time buyer tax credit continue to contribute to improving affordability conditions. The...
11/03/2011
2003-2005: Mortgage rates were in the 5.8% range. 2006-2008: Mortgage rates averaged between 6.03%-6.41%. Source: KW Vision Speach 2011 To find the value of your home, visit: http://www.davidjedwards.com/free-home-evaluation.aspTo search the MLS database of homes for sale, visit: http://www.davi...
11/03/2011
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- Mortgage rates averaged 4.69% in 2010, an all-time low since Freddie Mac started its mortgage survey in 1971.- Mortgage rates ranged from 4.23% to 5.1% in 2010. At the end of December, rates stood at 4.71%.- In the week ending February 10th, rates stood at 5.05%. In light of the risks associate...
11/03/2011
Since affordable pricing tops the list of motivation and criteria for buying, it is no surprise that many first-time home buyers purchase distressed properties, which can be up to 30% below market value. Cost-conscious buyers are the most interested in distressed properties, but it is important f...
10/31/2011
Policymakers for the past two years have been encouraging homeowners to refinance their homes and take advantage of record-low interest rates; however, their efforts are continually frustrated by today’s tough lending standards. A study released by the Federal Reserve found that out of 6.8 millio...
10/25/2011
On Tuesday, September 20, a Senate subcommittee met to discuss the foreclosures that still plague the balance sheets of banks, the federal government and other agencies. Of the total 54.9 million residential real estate loans that exist, 4.5 million are non-performing, with another 10.4 million b...
10/24/2011
  1120 8th St NE #2, Auburn 98002-4456 Closing Date: 10/19/11Listing Price: $35,000Sold Price: $30,000Bedrooms: 2Bathrooms: 1Year Built: 1981Square Feet: 744Lot Size: 0 Square FeetMLS: 255427 NOT a Short Sale! This ground floor, two bedroom, 1 bathroom condo is located at Versaille Estates in Aub...
10/20/2011
On October 1 the loan amounts that can be guaranteed by the agencies Freddie Mac, Fannie Mae, and the Federal Housing Administration dropped in higher-priced markets from $729,750 to $625,000, or a -14.35% reduction. While $625,000 is far above the national median price of $168,300, affecting onl...
10/20/2011
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David Edwards

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