August 2011

There are 36 blog entries for August 2011.

Stunning 3 bedroom home located on end lot!

Wednesday, August 31st, 2011 at 4:23pm. 1,058 Views, 0 Comments.

Property Website

Priced at $509,000

Bedrooms:  3 Bathrooms:  2
Home Size:  2,500 sq.ft. Garage:  2
Community:  Issaquah Highlands County:  King
Property Type:  Single Family Detached Year Built:  2005
MLS Number:  269441

Property Description

Incredible 3 bedroom, 2.5 bath stunner on a beautiful end lot, which is surrounded by greenery on all sides. This east coast style home greets you with oak floors throughout plus there is a formal living room, and formal dining room with French doors plus den. The chefs kitchen has brand new stainless steel appliances, granite tile counters & a rare butlers pantry, great for entertaining. The 2nd floor has 9 ft ceilings & huge master bedroom w/ views to Tiger Mtn. Master bath has skylights, tile tub and linen

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Congratulations to Stan Chang & Shannon Woodcock ~ selected as a 2011 Seattle Five Star Real Estate Agent

Monday, August 29th, 2011 at 10:12am. 988 Views, 0 Comments.

Five Star Professional

Stan Chang & Shannon Woodcock
The Cascade Team Real Estate

We have great news – you have been selected as a 2011 Seattle Five Star Real Estate Agent.

You are among a group of fewer than 7 percent of real estate agents in the Seattle area. You might already have received your official award notification letter in the mail – this email also confirms your selection.

Seattle magazine asked Five Star Professional to conduct research with clients, peers and industry experts to determine the real estate agents in the Seattle area who rated highest in overall satisfaction. The award winners will be listed in a special advertising section in the December 2011 issue of Seattle magazine

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Banks Agree to More Short Sales

Monday, August 29th, 2011 at 8:57am. 868 Views, 0 Comments.

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Short Sale Search Here

Daily Real Estate News | Friday, August 26, 2011

Banks are agreeing to more short sale transactions, and short sales are taking less time to sell, which is helping to clear large inventories of distressed properties more efficiently, says James J. Saccacio, RealtyTrac CEO, in releasing new housing data this week. 

“This is a glimmer of hope that lenders are getting more realistic,” Rick Sharga, senior vice president of RealtyTrac, told Bloomberg News. “It’s a win for borrowers who avoid foreclosure, buyers who get a house in better condition and banks that lose less money, which is also a win for taxpayers.”

During the second quarter, the number of homes nearing foreclosure accounted for 12 percent of total home

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Carlsbad Real Estate - A Housing Market Update

Friday, August 26th, 2011 at 2:29pm. 919 Views, 0 Comments.

Southern California’s real estate market remained geared towards home buyer's in the month of August, despite relatively strong demand from investors and others paying cash for homes. Prices have trended down slightly over the last couple of month, but many potential home buyers appear to still be on the sidelines and may still be waiting for a bottom in prices or a relaxing of the mortgage guidelines to allow more people to qualify for homes.

As of August 26th, 2011, the median price for a single family residential home in Carlsbad fell to $699,900, with an average of 131 active days on the Carlsbad real estate market.  In addition, there were 51% of the active MLS listings that had price reductions, just slightly less than last week,

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Immaculate 3 bedroom Lake Stevens Home

Friday, August 26th, 2011 at 12:49pm. 841 Views, 0 Comments.

Property Website

Priced at $375,000

Bedrooms:  3 Bathrooms:  2.5
Home Size:  2,585 sq.ft. Garage:  3
Lot Size:  20,473 sq.ft. County:  Snohomish
Property Type:  Single Family Detached Year Built:  2001
MLS Number:  267618

Property Description

Immaculate 3 bedroom home boasts a downstairs office and an upstairs bonus room ideal for a workout or media room. Large kitchen and family room- great for entertaining. Gorgeous yard with a deck perfect for a patio set and evening dinners. Welcome home!
Use Shannon Escrow to receive FREE 1 year Fidelity Home Warranty

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Mortgage Rates: Slight Reprieve. High Risk Tomorrow

Thursday, August 25th, 2011 at 3:00pm. 1,029 Views, 1 Comments.

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Yesterday, a recent losing streak for loan pricing boiled over and Mortgage Rates rose across the board.  Today offered a slight reprieve to yesterday's losses, but only in terms of improved borrowing costs.  BestExecution rates were unchanged.

Our ongoing guidance recently has been to take advantage of recent rate offerings as soon as possible, noting that "the frustration of missing out on "high 3's" and instead getting "low 4's" seems nowhere near as bad as the frustration of missing out on a refi opportunity (moving from 5% to 4.25% for instance) altogether." 

CURRENT MARKET*: The Best Execution 30-year fixed mortgage rate is now 4.25% to 4.375% depending on your lender/scenario.  Several lenders are still willing to offer lower rates,

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Foreclosures Sell for Up to 40% Less

Thursday, August 25th, 2011 at 1:05pm. 876 Views, 1 Comments.

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Daily Real Estate News | Thursday, August 25, 2011

Foreclosures made up about one-third of all home sales during the spring quarter (April to June), and sales were about six times the percentage of foreclosures in a healthy housing market, RealtyTrac Inc. reports.

Foreclosure sales likely would have been much higher too if so many banks hadn’t slowed their foreclosure processes while state and federal officials continued to investigate possible faulty practices. Foreclosure sales — which include homes purchased after they receive a notice of default or that were repossessed by lenders — peaked two years ago at 37.4 percent of sales, compared to 31 percent in the April to June quarter.

During the second quarter, 265,087 homes sold were in

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World Class Views in Beautiful Inverness!

Thursday, August 25th, 2011 at 12:28pm. 929 Views, 0 Comments.

Property Website

Priced at $1,135,000

Bedrooms:  3 Bathrooms:  2.75
Home Size:  3,280 sq.ft. Garage:  2
Lot Size:  8,100 sq.ft. Community:  Inverness
County:  King Property Type:  Single Family Detached
Year Built:  1980 MLS Number:  267211

Property Description

World Class Wendell Lovett Architecture meets World Class Views in Inverness! A symphony of light, dramatic visual details and engineering par excellence are the hallmark of this one-owner custom home. Perched just above Lake Washington allows for rich, diverse, panoramic lake, mountain and topographical visual enjoyment. The home invites the outside in and provides incomparable open spaces for entertaining, while maintaining a livable comfortable surrounding with just the right balance of

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“abellahomes” has been named a 2011 FIVE STAR Real Estate Agent for 4 years in a row!

Wednesday, August 24th, 2011 at 1:48pm. 885 Views, 0 Comments.

"abellahomes" has done it again! 

 

We have been named a 2011 FIVE STAR Real Estate Agent for 4 years in a row!  

 

Stan & I will appear in the December issue of Seattle Magazine and we will be featured in the 2011 FIVE STAR Real Estate Agent Special Section.
 
Thank you for believing in us!  We couldn't have achieved this without you & appreciate your continued support over the years! This is truly a great honor!!!
 
This really means so much to us!!!


Thanks:)
Marisa & Stan

www.abellahomes.com

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Little Pink Houses @ The Issaquah Highlands!

Tuesday, August 23rd, 2011 at 3:46pm. 915 Views, 0 Comments.

Property Website

Priced at $300,000

Bedrooms:  2 Bathrooms:  2
Home Size:  1,510 sq.ft. Garage:  2
Lot Size:  1,611 sq.ft. Community:  Issaquah Highlands
County:  King Property Type:  Condo or Townhouse
Year Built:  2005 MLS Number:  266382

Property Description

This is an idyllic, end-unit town home in the heart of the highlands with stunning views throughout. The main floor greets you with engineered wood floors, large living room open to the dining area and great views to the west. The chefs kitchen has granite tile counters, stainless steel appliances and a rare walk-in pantry. Imagine relaxing in your master suite with views of Bellevue, Seattle and the Cascades. There is another large bedroom plus a bonus loft area, perfect for an office.

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