Update on Mortgage Interest Rates

I spend part of every Monday checking out my on-line stats for listings, looking at economic and housing news, updating myself on the mortgage interest rates and for today's update on interest rates, please check the following link:

Interest Rates for Mortgages

For an update on local interest rates any day, please check in with my website:

http://www.debbiebargersmith.com > help for Buyers > Search for homes and in the lower right hand corner you will see interest rates, updated daily.

Hope your fall is starting off well!

Tools you Need to Maintain Your Home!

Another New York Times article:

Home Maintenance Tools

Maintaining your home now means less time and money required later for repairs if you need to sell your home!

Buyers Won't Buy Stinky Houses!

If you are a Seller and I have talked to you about preparing your home to go on the market, you've already heard me say: Buyers won't buy what Buyers can smell! Your home must look and smell great! Here is an article that supports that view...

New York Times Article

It's been an Interesting 3 years

Just in case any of you thought I knew that our prices would decline as they have, I want you to know that no-one I know had this knowledge. If they had, or if I had, I would have told you. We bought at the peak of the market and our housing value is in the same boat as many of my reader's home values. Consider this:

• Historically, American home values are the best long term investment.

• Historically, Americans stay in their homes an average of 7 years.
• In some ways, our houses are like stocks market values. They are what they are. You cannot sell your stocks for less than what they're worth, period.
  
• We're in America, the number one nation on earth. If you bought at the peak, consider relaxing, enjoying your home, and wait that 7 years. Our area has been identified as the number one area expected to rebound in terms of housing prices.

I hope you're having a fabulous summer and that you're enjoying the fruits of your labor!

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!

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....