seattle real estate: Real Estate Market Update thru Sept. 2009 - 10/12/09 10:17 AM
Market Update thru September... 
INFO THAT HITS US WHERE WE LIVE  At the end of September, the supply of homes for sale was reported down 1.8% from the previous month in 27 major metropolitan areas. We all know the factors. Home prices are very affordable, mortgage rates and very favorable and first-time homebuyers are taking advantage of the $8,000 tax credit set to expire at the end of November, now just seven weeks away.
Source: Inside Lending Newsletter from Peter and Dawn James 
For Information about the local Real Estate Market in and around Tacoma, contact Trey Affolter.


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seattle real estate: Ending Soon! First Time Home Buyer $8k Tax Credit Deadline Nearing - 09/28/09 11:11 AM
$8k First Time Tax Credit Expires December 1, 2009
Time is running out! Attention Tacoma - Seattle - Olympia area 1st time home buyers - it takes 45-60 days to close escrow so if you want to take advantage of the $8k Tax Credit, you should act fast.
So working backwards from the November 30 deadline, you'll want to have an accepted offer no later than mid-October. That leaves only a handful of weekends to get you preapproved by a mortgage lender and identify the right first home for you. So you see we need to get started today to take … (0 comments)

seattle real estate: Home Buyers are Returning - from Seattle to Tacoma to Olympia Real Estate - 06/17/09 07:54 PM
Home Buyers Taking Advantage of Real Estate Market
Thanks to record low mortgage rates and declining home prices, 55 million families- or half of all U.S. households - can afford today's median priced new home, according to figures released by the National Association of Home Builders (NAHB)
"With home values in many markets at the lowest level since 2003, an $8,000 tax credit available to first time home buyers, fixed mortgages under 5 percent, and an outstanding selection of homes to choose from, buyers are starting to recognize that this has the makings for a one-time opportunity to break into the … (0 comments)

seattle real estate: Time Running Out on $8,000 Tax Credit for Home Buyers - 06/17/09 07:38 PM
Act Now for $8,000 Home Buyer Tax Credit
First-time home buyers from should note they have less than six months to take advantage of the current $8,000 tax credit, which expires December 1, 2009.
First-time home buyers purchasing any kind of home, new or resale, are eligible for the $8,000 tax credit.  The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the purchase. Learn more about $8,000 Tax Credit    
 
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The Trey Affolter Team, Keller Williams Realty, always welcomes … (0 comments)

seattle real estate: Home Buyers are Returning - from Seattle to Tacoma to Olympia Real Estate - 06/08/09 10:49 PM
Home Buyers Taking Advantage of Real Estate Market
Thanks to record low mortgage rates and declining home prices, 55 million families- or half of all U.S. households - can afford today's median priced new home, according to figures released by the National Association of Home Builders (NAHB)
"With home values in many markets at the lowest level since 2003, an $8,000 tax credit available to first time home buyers, fixed mortgages under 5 percent, and an outstanding selection of homes to choose from, buyers are starting to recognize that this has the makings for a one-time opportunity to break into the … (0 comments)

seattle real estate: Tacoma Real Estate Housing Market Improving - 05/22/09 12:08 PM
Real Estate Stats
Tacoma Real Estate to Seattle Real Estate home sales have picked up and so have surrounding cities within Pierce, King, and Thurston Counties.
Nationally, home sales were nearly 30 percent higher in March 2009 than in February, and that's the second month in a row that home sales shot upwards.   
Median home prices have essentially returned to where they were in early 2003, which means that affordability is close to being as good as it's ever been. 
Watch Keller Williams Real Estate information videos at YouTube videos. 
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seattle real estate: Top Reasons Why You Shouldn't Wait to Buy a Tacoma Real Estate Home - 05/15/09 12:16 AM
Top Reasons to Buy A Tacoma Real Estate Home...NOW!
Thinking of buying a home in the Tacoma to Seattle area or other surrounding cities within Pierce, King, or Thurston Counties? Consider these reasons:
1. $8,000 Federal Tax Credit - Available for qualified first time home buyers until December 1, 2009.
2. Low Interest Rates - Home Mortgage rates remain at near record lows.
3. Unbeatable Investment - Even in a down real estate market, over the long term home prices still appreciate more than the stock market.
4. Available Loans - Lenders are still lending money and there are great home … (0 comments)

seattle real estate: Energy Efficiency Expo - Tacoma Real Estate - 04/25/09 12:21 PM
Free Activity Alert!
Energy Efficiency Expo Coming to Tacoma
Hoping to lower your electric bill?
Want to make your home more energy efficient?
Visit the Energy Efficiency Expo on May 2nd-3rd at the Greater Tacoma Convention and Trade Center to learn how.
The free event will give you a chance to learn more about using less energy, see products that can help you reduce your energy use and talk to experts.
Make sure to look for the Tacoma Power Team there. They can help you learn more about simple ways to save energy at home and reduce your bills.
Visit … (0 comments)

seattle real estate: BEWARE OF HOME FORECLOSURE SCAMS - 04/08/09 11:56 PM
Caution: FORECLOSURE SCAMS
There are many "Foreclosure Rescue" scams beginning to surface in light of the government's moves to help prevent foreclosures.
 
 
Here are some things to remember:
There is never a fee to get assistance or information about the government's Making Home Affordable program. Beware of anyone who says they can "save" your home if you sign or transfer over the deed to your house. Never submit your mortgage payments to anyone other than your mortgage company without their approval. For more information on how to get help please click:
www.makinghomeaffordable.gov  Beware of Foreclosure Rescue Scams - Help … (1 comments)

seattle real estate: 5 Reasons to Buy a Home This Year - 04/08/09 11:48 PM
5 Strong Reasons to Buy a Home in 2009!
MSN Real Estate recently posted the article, "5 reasons to buy a home this year," offered by MarketWatch. The 5 key points they made for buying a home this year are:
1. Affordability is better than ever.
2. You have a large inventory to choose from.
3. Builders are offering big discounts.
4. Mortgage rates are historically low.
5. You can get a federal tax credit.  (note: the tax credit has changed; it is now $8,000. Consult with a Realtor® for details.)

Read the entire "5 reasons to buy a home … (1 comments)

seattle real estate: Listing agents: Do you need one? - 01/21/09 11:54 PM
List with a Broker vs. For Sale by Owner
Contemplating hiring a Realtor® to list your home or to attempt the For Sale By Owner? Below is an article posted by MSN Real Estate that may help you determine which option is best for you.
Before you read through the article, study these 8 reasons why home sellers need a Realtor®:
A Realtor® can sell their house for more money. According to the 2003 NATIONAL ASSOCIATION OF REALTORS® Profile of Home Buyers and Sellers, on average a home sold for 17.1% more with Realtor® assistance. Realtors® understand how to complete the many … (1 comments)

seattle real estate: Types of Mortgage Lenders - 01/16/09 01:27 PM
What Types of Mortgage Lenders Are There?
There are a number of types of primary mortgage lenders that you may encounter when shopping for your mortgage loan. To give you a better understanding of these service providers, a brief explanation is provided below.
 
• Mortgage Bankers typically originate loans and then sell these loans to the secondary mortgage market shortly after funding. (The mortgage banker may or may not sell the servicing of the loan.) Often mortgage bankers have attractive loan programs and rates.
• Portfolio Lenders make loans with the institution's own funds and keep the loan on the institution's … (0 comments)

seattle real estate: Real Estate Market Shows Signs of Recovery - 01/12/09 10:05 PM
Real Estate Market Improving
The article below offers more proof that the Real Estate market may just be turning for the better. Real Estate is a local business, consult a professional Realtor® for your market's conditions. 
 
 
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featured article...
FAIR OAKS, CA - The nation's foreclosure hemorrhage has finally slowed and 2009 should see a significant decline in foreclosures as buyers return, pushing home prices up and fueling a real estate recovery, according to the 2009 Outlook from ForeclosureS.com.
"Recovery is underway. Affordable is back in the housing market," says Alexis McGee, real estate expert, educator, and president of ForeclosureS.com. … (0 comments)

seattle real estate: Tips to Buying a Home in the Winter - 12/31/08 06:05 PM
Top Tips to Buy a Home in a Winter Market
Capitalize on buying a Tacoma Real Estate Home...
...or a home in Pierce, King, or Thurston County during the winter.
Home Buying Tips:
Visit the home during the day. Visualize the yard in the summer. Ask questions about the plants. Know that there are less homes on the market during wintertime. This is a good time to observe the quality of water drainage and also look for other water issues. Ask for utility bills, or contact local utility company for the home's utility averages. Have a professional home inspection completed with … (1 comments)

seattle real estate: Tips To Find Down Payment Assistance Programs - 12/28/08 11:05 AM
How To Find Down Payment Assistance Programs - Washington State
Identify down-payment assistance programs at the federal, state, and local level.
Down Payment Assistance Programs are available for Tacoma Real Estate...
...and homes in Pierce, King, and Thurston Counties.
Ways to find down-payment assist programs:
Contact your lender - Lenders will be familiar with programs in your community. Contact a non-profit housing counseling agency - Housing counseling agencies know about down-payment assistance program resources in your community. Visit your local government website - By researching the web pages of your local government's housing or community development department, you can learn what kind of financial … (0 comments)

seattle real estate: Washington State’s House Key Down Payment Assistance for Veterans - 12/23/08 11:39 AM
House Key Veterans Program
Assistance to buy a home in the Tacoma Real Estate market... 
...or in Pierce, south King, or north Thurston Counties.
A down payment assistance second mortgage program with a 3.00% interest rate and a ten-year loan term for Veterans who have served our country.  
For more details on the Veterans Down Payment Assistance Program, visit here.
 
Current Home Buyer Down Payment Assistance Programs: 
• $7,500 Tax Credit for Homebuyers  (Expires June 30, 2009)
• Washington State's HOUSE KEY Home Ownership Program
• HomeChoice | Assistance for Persons with Disabilities
• House Key Veterans Program
• USDA Rural Development Home Ownership Program
• City of Tacoma … (0 comments)

seattle real estate: Washington's HomeChoice Down Payment Assistance for Persons with Disabilities - 12/23/08 11:19 AM
Down Payment Assistance in Washington State for Persons with Disabilities
Assistance to buy a home in the Tacoma Real Estate market...
...or in Pierce, south King, or north Thurston Counties.
A loan program that provides down payment and closing cost assistance for applicants who have a disability or a family member with a disability living with them and who qualify for a House Key State Bond conventional first mortgage using HomeChoice guidelines. The maximum amount of funds available is $15,000 and can be used for down payment, closing costs,or accessibility improvements.
For more details on the HomeChoice Down Payment Assistance Program, visit here.
 
(1 comments)

seattle real estate: MLS Homes & Condos Sales Statistics - King County WA Real Estate Market - 12/16/08 05:56 PM
King County Washington Real Estate
Below are updated Real Estate Sales Statistics for the King County, WA real estate market through November 2008.
Detailed Sales Statistics for King County real estate, Washington Residential Houses & Condos.

(Stats provided by Realist, NWMLS)  
For more current & local market information call The Trey Affolter Team.
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Search King County Foreclosures
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 Find out what your home is worth...
For a FREE Highest Price Analysis (CMA), call THE TREY AFFOLTER TEAM 
today @ 253-222-6000.
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FREE Seller Resources
Tips to Sell Your Home
Get the Highest Price Selling Your Home
Tips to Stage Your Home to Sell
The … (0 comments)

seattle real estate: 5 Good Reasons to Sell Your Home During the Holidays - 12/08/08 08:20 PM
The Holidays are a Good Time to Sell...
Contrary to popular belief, buyers shop for homes all year round, including the holiday season. In fact, sellers who put their homes on the market during the holiday season (roughly between November and January) may have an advantage because there are fewer houses on the market so there's less competition. There are several other reasons to consider putting your home on the market during the holidays:
1. Many home buyers have extra time off during the holiday season so they have more time to look for their new home.
2. Because of the limited … (1 comments)

seattle real estate: Still Benefits to Owning a Home - 11/30/08 10:44 AM
Owning a Home is Still the American Dream!
Now may be the best time in the past 20 years to buy or invest in Real Estate. House sales in many areas have stabilized, mortgage interest rates are down, inventory has declined over the last 2 months nationally, and housing affordability has improved.   
The National Association of Realtor recently posted the following facts from a Real Estate Survey:
Home ownership is an investment in your future. Owning a home helps build wealth over the long term, and it provides significant social benefits. On average, owners who purchased their home six years ago have seen the value of their … (0 comments)

 
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