It’s hard to believe that rates are as low as they are these days.   If you’re not buying, think about refinancing your home.   I just refinanced my home with a 7 year arm for 3.1%!  It lowered our monthly payments by $300. An adjustable mortgage may not work for everyone, but with fixed rates […]

How does the government fix the mortgage meltdown mess to ensure nothing like this happens again? Should buyers be required to have a 20% minimum down payment in order to purchase a home?  Is this the answer?   Lawmakers in the other Washington, not here in Seattle, are looking into this issue.   Congress is currently looking […]

[googlemaps http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=Bellevue,+WA&sll=37.0625,-95.677068&sspn=23.403932,58.271484&ie=UTF8&hq=&hnear=Bellevue,+King,+Washington&ll=47.610377,-122.200679&spn=0.310148,0.910492&z=10&output=embed&w=425&h=350] How many homes sold in June, 2011 in your neighborhood? It’s uncanny to see how similar July real estate sales on Seattle’s eastside were to June’s sales results.  On most of the eastside, the numbers varied only slightly from June.  Twenty-three percent of the homes for sale on the eastside sold, with the […]

July, 2011 condo sales hit the highest number of sales in more than a year.  There were 1063 condos for sale on the eastside, 76 less than June, and 250 of them received offers.  Twenty-three percent of the condos for sale had accepted offers, great odds when compared to the odds of selling just a […]