Brian's Blog

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Real Estate Broker Owner - Northstone Real Estate Inc. & Northstone Mortgage - MLO 114864
Real estate and mortgage advice, , thoughts, wisdom (or lack thereof), opinion, humor and general real estate and mortgage commentary. Based on more than 30 years of hard won experience and remember, "experience is what you get when you don't get what you want." Blog posts are published most weekdays or so, and are provided as a service of Northstone Real Estate Inc. and Northstone Mortgage. Your comments, questions, criticism, opinions, diatribes, etc are always welcome.
RECENT BLOG POSTS
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Yesterday I was delighted to receive a call from a stager friend of mine, Rebecca Henderson of Alabaster Staging.. Rebecca:  Brian, I have a problem.  I am teaching a staging class this afternoon and the house we were going to stage just canceled. Brian:  Tell me more. Rebecca:  I have twenty stu...
Posted 2 months ago
There are a number of things to consider in determining the right amount to offer on your new home. First of all let's assume that you've done your homework and have been looking at homes and getting educated to the market.  One of the biggest benefits of getting educated is you will have the abi...
Posted about 1 year ago
Last week I shared about our shift into a seller's market.  One of the things that has driven this shift is the surprisingly low inventory for this time of year.  An obvious problem this creates for buyers is the difficulty in finding homes to choose from. As the market action index below shows, ...
Posted about 1 year ago
  Yesterday I wrote about our market moving into a seller's market.  The market data indicates that we are in a seller's market but the activity on my listings tells an even more compelling story. This photo is me preparing to meet with the seller and present the 12 offers  I received last Sunday...
Posted about 1 year ago
  With inventory low and buyer interest high I am seeing a surprising increase in the number of showings and offers on my listings.  Last Friday I listed a beautiful home in Lake Ridge in Klahanie and was stunned to see buyers literally lined up to the street.   This is an indication of the pent ...
Posted about 1 year ago
  Brian Leavitt | Northstone Real Estate Inc | (206) 999-2289 4024 252nd Ave SE, Issaquah, WA Lake Ridge 2-story 3BR/2+1BA Single Family House   offered at $424,950 Year Built 1996 Sq Footage 2,100 Bedrooms 3 Bathrooms 2 full, 1 partial Floors 2 Parking 2 Car garage Lot Size 5,279 sqft HOA/Maint...
Posted over 1 year ago
The Association of Realtors reports online home searches are up 253% in the last four years.  More buyers are turning to internet resources than ever before which are bringing about interesting changes in the overall process of buying a home.   It was not very long ago when buyers relied almost e...
Posted over 1 year ago
Interest rates remain at all time lows as we begin 2013. If you are in the market to purchase you are in luck. With prices remaining low and rates incredibly low, home affordability is extremely high. For example on a 30 year fixed rate purchase loan of $400,000 with 20% down payment the monthly ...
Posted over 1 year ago
I just heard from Ed McFerran at MBS Law that the Mortgage Forgiveness Debt Relief Act of 2007 has been extended by Congress.  What this means is that if Congress had not extended the relief act homeowners would have to start paying income tax on the portion of their mortgage that is forgiven in ...
Posted over 1 year ago
For the past several weeks home sales have been exceeding new inventory. While it is still a buyer's market, prices seem to have responded by moving upward. If the demand continues expect prices to keep marching upward especially once we see a seller's market. It looks to me like we may very well...
Posted over 1 year ago
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Brian Leavitt

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Real estate and mortgage advice, , thoughts, wisdom (or lack thereof), opinion, humor and general real estate and mortgage commentary. Based on more than 30 years of hard won experience and over 1000 homes sold. Blog posts are published most weekdays or so, and are provided as a service of Northstone Real Estate Inc. and Northstone Mortgage. Your comments, questions, criticism, opinions, diatribes, etc are always welcome.