Thursday, August 5, 2010

Interest Rates

Interest Rates are at historical lows. Just 2 years ago interest rates were high 5's and low 6's. If you are interested in refinancing, now is the time. If you are interested in Purchasing, now is the time. The fact that interest rates are THIS LOW means your new investment property or dream home is just that much more affordable! I wouldn't wait....

Tuesday, May 4, 2010

The Tax Credit is Over....Now What?

Here is what I think....there are such great prices out in the market right now for both commercial and residential properties, that I believe the market will continue towards normality. Interest rates still threaten to rise, but as of today, my on-line mortgage information says that rates are still hovering around 5%. How much further down will prices go...no one knows. The talking heads are suggesting that the downward trend is about over. When will market values start moving up?....no one knows. Talking heads are saying they will....but probably not much for the foreseeable future year by year. At least not like it was for 3-5 years. While this might be frustrating for some of us who bought at the peak, here's the good news...it offers stability!

The most important thing for you to know is that it's a great time to buy and Sellers, price your homes correctly. It is a strong buyers market still....in most of our Puget Sound areas, although there are some exceptions in either area/neighborhood or price ranges.

Wednesday, April 7, 2010

National Realtor Open House Weekend

If you're thinking about starting to look for homes to take advantage of the $8,000 first time Buyer Tax Credit, this is the weekend to look!

See this Video that explains it all!

Realtor Open House

Rent Vs Own

This is an interesting piece of information for those interested in the differences between renting and owning.

Rent Vs Own

Wednesday, February 10, 2010

If You're Interested in a Current Market Analysis on Your Home....

Interested in knowing the Current Market Value of your home today? Just give me a call, I'll give you the full market data on your property whether it be vacant land, your home, or your investment property. Just call me at 425-356-9177 or e-mail me at debbiebargersmith@windermere.com.

Monday, January 25, 2010

More Incentives and Down Payment Assistance Programs

Hey Buyers out there, there are tax credits for new as well as existing home owners! Congress extended the previous tax credit of $8,000 for new home buyers as well as created an additional tax credit for current home owners as long as LONG AS you have a contract in place by 4/30/10 and are closed by 6/30/2010.

You should get a hopping if you wish to take advantage of this tax credit. Interest rates are UNDER 5% again but who knows how long that will last!