Daily Real Estate News | Tuesday, December 13, 2011

 

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Are your buyers having a tough time wading through the inventories of homes to find the right home? Kelly O'Ryan, an office manager with Coldwell Banker in Lexington, Mass., offered some of the following tips in a recent article at RISMedia to help your home buyers narrow their search when looking for properties: 

 

1. Have your home buyers make a list of all the must-haves for their future home, such as the number of bedrooms and school district they must have. 

 

2. Make sure your buyers get pre-approved for a mortgage by a lender. This will help ensure they don't look for homes that are only within their budget. Get Pre-Approved HERE and See Rates

 

3. Encourage your…

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Seattle Area Rentals

Priced at $2,850

Bedrooms:  4 Bathrooms:  2.5
Home Size:  2,980 sq.ft. Garage:  2
Lot Size:  3,730 sq.ft. Community:  Issaquah Highlands
County:  King Property Type:  Rental
Year Built:  2005 MLS Number:  302336

Property Description

Available for rent immediately ~ "Specialized Home" featuring fine upgrades throughout: Walnut Hardwoods dominating the main floor, designer millwork with expansive crown molding, boxed beam ceilings and a finish level resembling million dollar homes. Chef's kitchen with granite counters backsplash. Large Center island & breakfast nook. Formal living & dining rooms. Upstairs has huge master suite w/double doors to the elegant master bath. Extra Large Bonus room. This will go fast.

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Daily Real Estate News | Monday, December 12, 2011

Strategic defaults are on the rise due mainly to two factors: the growing number of mortgages where the outstanding balance is greater than the home's current market value, and continued high unemployment. 

A study by the Mortgage Bankers Association warns that the trend could have a significant harmful impact in certain markets.

"While the merits of such a choice can and will continue to be debated, what is indisputable is that the possibility to strategically default has certainly been brought to the attention of current homeowners like never before, with potentially negative consequences for housing markets," said Michael Seiler, who headed the study.

Source: "More Homeowners Opt for…

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Real Estate News BLOG

 KIRKLAND, Wash. (Dec. 5, 2011) – Northwest Multiple Listing Service members reported 6,103 pending sales during November, marking the seventh straight month of double-digit year-over-year increases.

At month end, there were 30,650 residential listings in the MLS inventory across 21 counties, down nearly 17 percent from a year ago. For the listing service map areas covering Seattle, the database shows a year-over-year drop of about 32 percent.

"Entering the New Year, the Seattle metro area will start off with a shortage of inventory in both the more affordable and mid-priced ranges," suggested J. Lennox Scott, CEO and chairman of John L. Scott Real Estate. He noted a high percentage of sellers are receiving offers within…

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Property Website

Priced at $550,000

Bedrooms:  4 Bathrooms:  3.5
Home Size:  2,860 sq.ft. Garage:  2
Lot Size:  4,564 sq.ft. Community:  Issaquah Highlands
County:  King Property Type:  Single Family Detached
Year Built:  2003 MLS Number:  299582

Property Description

This home has it all. 3 bedrooms plus MIL or Garett, 3.5 bath Craftsman style home with hardwood floors, spiral staircase, and coffered ceilings on the 1st floor. The chefs kitchen has stainless steel appliances, granite tile with backsplash, large center island and butlers pantry. The 2nd floor has a double entry master bedroom, elegant 5 piece master bath with tile counters and large soaking tub. In addition, there are 2 large bedrooms plus loft. Garett or MIL over garage with…

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Join The Cascade Team & The Snoqualmie Ridge ROA & The City of Snoqualmie for the Snoqualmie Holiday Tree Lighting

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DATE: Saturday, December 3, 2011
TIME: 5:30pm - 8:00pm
Railroad Park Gazebo & Railway Museum
7971 Railroad Avenue SE

 More Details HERE

 

Children of all ages will enjoy this special evening of community holiday fun!

 

 

- Horse-drawn Carriage Rides
- Holiday giveaways from Downtown Merchants
- Santa's Arrival aboard the Snoqualmie Fire Engine
- Cookies, Cider, Caroling and Live Holiday Music
- Pictures with Santa and more!

 

In the spirit of giving, please bring a non-perishable food item to donate to
Encompass and the Respectful Giving Campaign

 

Special thanks to our event partners:
Carmichael's Hardware, The Cascade…

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Property Website

 Priced at $435,000

Bedrooms:  2 Bathrooms:  2
Home Size:  1,660 sq.ft. Garage:  2
Community:  Lake Villas County:  King
Property Type:  Single Family Detached Year Built:  1975
MLS Number:  299407

Property Description

Deeded Moorage w/ boat lift on Lake Sammamish! Contemporary renovation unfolds in grand style w/ the highest of quality - cherry maple cabinets, granite, tile, crown molding, hardwoods & white millwork. Gorgeous kitchen w/ stainless steel appliances spills into nook & nearby laundry rm. Peaceful master suite w/ covered deck access, custom walk-in closet & resort like bath w/ heated floors. Community center, pool, moorage & additional parking space. Mins to Microsoft! Amazing Lake front Views.

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By Agustino Fontevecchia |

Seattle Foreclosures

Housing markets remain deeply depressed, as the latest S&P/Case-Shiller Home Price Indices show.  September data, released Tuesday, show that prices continue to drift lower, with three cities posting new index lows, as real estate markets remain unable to shrug off a massive inventory of foreclosed homes and a weak economy.

National home prices fell at an annual rate of 3.9% in the third quarter, as real estate markets tread even lower.  The decline appears to be decelerating, as Q2 prices fell 5.8% on an annual basis while Q3 inched up sequentially 0.1%.

"Housing remains stuck in the proverbial mud," explained Gluskin Sheff's Dave Rosenberg.  Despite the annual index appearing to decelerate its…

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