Wednesday, August 25, 2010

Interest Rates-Again!

Today a Conventional Fixed Rate 30 year Residential Real Estate loan can be had for 4%. Unheard of. If the interest rates goes up .05%, your buying power could decrease by $10,000. Keep your eyes on the news. Prices on homes are down as well.
Call me if you are at all interested in information about properties out there!

Thursday, August 5, 2010

Realtor Food Drive

Historically, my Windermere office in Marysville, wins the Food Drive contest. I hear through the grapevine that the other Snohomish County Real Estate offices are going to try to beat us. This means war! (In a good way, of course). If you want to bring canned goods or money into my office at 801 State Avenue, Marysville, Wa., please do so during the month of September. We will mount a sneak attack and pull out a come from behind win yet again!

Go Food Bank!

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