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Daily Real Estate News | Friday, May 03, 2013

Fixed-rate mortgages pushed lower for the fifth-consecutive week, with low mortgage rates further driving the housing recovery over the near term, says Frank Nothaft, Freddie Mac’s chief economist.

This week, the 30-year fixed-rate mortgage hovered near its all-time record low, while 15-year rates set a new record. 

Freddie Mac reports the following national averages with mortgage rates for the week ending May 2, 2013: 

• 30-year fixed-rate mortgages: averaged 3.35 percent, with an average 0.7 point, just shy of its 3.31 percent record set during the week of Nov. 21, 2012. A year

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$ 3,000 - 7526 Heather Ave SE , Snoqualmie     Bedrooms : 3     Bathrooms : 2.5     Sq. Footage : 3,170     Type : Rental     MLS® Number : 481895       OFFERED BY: PROPERTY DESCRIPTION:   Leanna Young Real Estate Broker 425.829.1029 Schedule a Showing Request More Info Breathtaking Burnstead on 2nd Fairway with amazing mountain views and off of TPC golf course. This home boasts a gourmet kitchen with granite, stainless steel appliances, dental molding and under/over cabinet lighting. Hardwoods throughout main floor and dramatic vaulted ceilings w/ a

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$ 659,500 - 9922 182nd Ct NE , Redmond     Bedrooms : 4     Bathrooms : 2.5     Sq. Footage : 2,600     Year Built : 1989     Garage Spaces : 2     Type : Residential     MLS® Number : 482188       OFFERED BY: PROPERTY DESCRIPTION:   Shane and Anne Coulter Real Estate Brokers 206.915.SOLD Schedule a Showing Request More Info Call Shane & Anne at 206-915-7653 for a showing. Welcome to the highly coveted Hidden Ridge Community on Education Hill. Before we step outside into the spectacular yard to see the gorgeous views, come on

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$ 319,900 - 16842 - 427th Place SE , North Bend     Bedrooms : 3     Bathrooms : 1.75     Sq. Footage : 2,150     Year Built : 1979     Garage Spaces : 2     Type : Residential     MLS® Number : 482061       OFFERED BY: PROPERTY DESCRIPTION:   Bridget Franklin Real Estate Broker 425.985.2158 Schedule a Showing Request More Info Call Bridget Franklin 425-985-2158 for a showing. Looking for privacy and space - you have found it in this well cared for and updated home. Enjoy playing and gardening with a lot of over 10,000 sq ft. The

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4s Ranch home sales continued to be brisk. With very limited inventory, we are seeing listings come and go within a day, many with multiiple offers. Currenly there are 19  active 4S Ranch Homes for sale, with only 1 REO and 0 Short Sales. There are currently 41 pending homes in 4S Ranch, with 3 of these being new construction.  In addition, there have been 38 sold 4S Ranch homes over the last 60 days, with an average closed price of $667,501. The average days on market for 4S Ranch Real Estate was 67 days.  Note,  this includes past short sales which typically take 3-6 months to close. Traditoinal Sales have an average days on market of only 11 days. If you want to see a quick snapshot of all available homes for sale, and those that have closed, be sure to…

Carlsbad home sales continued to be brisk. With limited inventory, we are seeing listings come and go within a day, many with multiiple offers. Currenly there are 231 active Carlsbad homes for sale, with only 9 being distressed sales. There are currently 290 pending homes in Carlsbad, with 13 of these being new construction.  Overall, resale homes remain brisk, with limited land to build new homes on.  In addition, there have been 297 sold carlsad single family homes over the last 60 days, with an average closed price of $786,429;  There have been 107 sold carlsbad condos homes over the last 60 days, with an average closed price of $422,207.  The average days on market for Carlsbad real estate is currently 37 days.  If you want to see a quick snapshot of…

16910 Bixby Street #11 San Diego, CA 92127 . This wonderful 4s Ranch Townhome located in the bridgeport community of 4s Ranch just sold recently. The lucky owners put in a winning bid of $410,000 which was 2% over the list price. As of 5/3/2013, this is currently the highest priced home sold in the community since 2007. James Hall with The Cascade Team Real Estate sold the home for only 1% offering incredible service and market knowledge. See full review from seller below

"We interviewed realtors  before finally trusting James with the sale of our home.  Genuinely interested in getting the best for us and offering full services at well below market competition.  He sold our home for the highest price.  James forecasted the local market for about 6

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$ 520,000 - 2031 249th Pl SE , Sammamish     Bedrooms : 3     Bathrooms : 3.5     Sq. Footage : 2,690     Year Built : 2003     Garage Spaces : 2     Type : Residential     MLS® Number : 481831       OFFERED BY: PROPERTY DESCRIPTION:   Victor Lozada Broker 425-443-6131 Schedule a Showing Request More Info Call Vicotry Lozada at 425.443.6131 for a showing. Fantastic 2,690 square foot home in the heart of Sammamish that is situated on a large homesite. Open layout with family room, gas fireplace with casual and formal spaces that

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$ 550,000 - 945 - 221st Ave NE , Sammamish     Bedrooms : 4     Bathrooms : 3.5     Sq. Footage : 3,027     Year Built : 1989     Garage Spaces : 2     Type : Residential     MLS® Number : 481696       OFFERED BY: PROPERTY DESCRIPTION:   Marisa Ormando Real Estate Broker 425.445.9616 Schedule a Showing Request More Info Call Marisa Ormando at 425.445.9616 for a showing. Beautifully remodeled home in desirable Demery Hill is tastefully updated with oak & bamboo flooring. A fully finished basement has a 3/4 tiled bath & bedroom

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3639 Summit Trail Ct. Carlsbad, CA 92010. This wonderful Carlsbad home, Located in the sought after Foothills Community just sold in only 4 days for $531,000 which was 3% above the list price!  James Hall with The Cascade Team Real Estate sold the home for only 1% offering incedible service and market knowledge.  Read the full sellers review below

"His expertise and knowledge of the Carlsbad, CA area that I sold in was extremely precise. The guidance and recommendations that he helped provide to my wife and me during the sale was pivotal. Timing was a big part of making the deal happen for us, and he knew when to capitalize on it. His knowledge in the real estate industry is exceptional, but most importantly, he is there to provide and take care of his

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