Short Sale Perspective

…buyers beware, as short sales are plagued with delays and seemingly endless extensions of closing dates.

Nationwide Pending Home Sales Rise 2.1%

Just a note:
Pending home rise 2.1 percent in Feb. from Jan. - Yahoo! Finance
http://biz.yahoo.com/ap/090401/pending_home_sales.html?.v=7
Lynette Hensley
Associate Broker

Foreclosure Plan Summary from NAR

The Obama plan is designed to help stave off foreclosure for 7-9 million families by restructuring or refinancing their mortgages.  This will keep families in their homes, keep communities stable, and strengthen confidence in Fannie Mae and Freddie Mac. 
The Obama Plan for Homeowner Affordability and Stability
Feel free to call or email for more details.
Lynette Hensley
Associate Broker

Market Updates for November 2008

Here are the November 2008 Real Estate Market updates for King, Snohomish and Pierce Counties:
King County
Snohomish County
Pierce County
And statistics by neighborhood:
King County by Neighborhood
Snohomish County by Neighborhood
Pierce County by Neighborhood
Compiled by our title partner Commonwealth Title, from MLS statistics.
Lynette Hensley, Associate Broker, Realtor
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Current Observations of Buyer’s Market in Seattle

Here are my notes on buyer and seller activities in the current Seattle housing market:
Buyers:
1. There’s more inventory, so:  Buyers want to see them all, and with so many homes on the market, it takes longer for folks to decide which house to buy.
2. Buyers want the best bargain, which is always true, but in this market, more [...]

How Seattle Rides Real Estate Storms

This article and letter to a customer (from March 08 with subsequent updates) are a brief collection of my thoughts on Seattle’s ability to ride out the current national economic storm.  As with all research, anyone can tweak any data to mean what they wish, so I have tried to find the most balanced perspective [...]

Ways to Use the Free Search on our Website

 Whether you are buying or selling a home or just want to know what the current values are in your neighborhood, you will find our Free MLS Search and email reports to be a useful tool.  
The main use of our search is for buyers who can preview the market or actively search for their next [...]

Great News for Seattle Area Values

 It is a bit of a buyer’s market in many areas, and some good deals are to be had!
In general, houses for sale are spending longer times on the market than in recent years, and some areas are showing signs of prices coming down. Buyers: sellers who need to sell quickly are selling low. Sellers: [...]

Protect Your Identity

The next time you order checks, omit your first name and have only your initials and last name printed on them.  If someone takes your check book they will not know if you sign your checks with just your initials or your first name, but your bank will.
When you are writing checks to pay for [...]

How much interest do you really pay?

Interest and Tax Deductions
If you itemize deductions on your federal income tax returns, you may be able to deduct all the interest you pay on your mortgage loan.  (We are not tax professionals. Please consult one for your own situation.)  I have created a table that shows actual interest rates you may be paying on your [...]