David's Blog

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Real Estate Agent - Edwards Real Estate Group, Inc.

ARCHIVED BLOG POSTS

2011 

372 Shangri La Way NW Issaquah WA 98027 List Price: $249,000Bedrooms: 2Bathrooms: 2.5Year Built: 2003Square Feet: 1090Lot Size: 917 Square FeetMLS: 228521Virtual Tour: http://www.flyinside.com/tour.php?id=23614 Description: Zen townhome in the "issy alps" with sweet contemporary design & finishe...
05/31/2011
If you are a first-time home buyer and you have decided you are ready to buy, it is essential for you to begin the process by working with a professional to help you carefully assess your values, wants, and needs-both for the short and for the long term. This is a critical step, which is why my c...
05/31/2011
Five of the nation's largest banks met in late March along with state and federal officials to discuss a settlement that aims to correct questionable practices in the mortgage industry. Reaching an agreement could resolve foreclosure procedure problems sparked during the robo-signing scandal. Whi...
05/30/2011
Housing affordability hit a new record in January and continued at record levels in February. The relationship between mortgage rates, home prices, and family income is the most favorable on record for buying. The home price-to-income ratio continues to remain well below the historical standard. ...
05/26/2011
Throughout the month, rates hovered in the 4.8% to 4.9% range. After rising above 5% for the first time in about ten months in early February, rates have come back below 5% but are expected to follow an upward trend throughout the year. As overall economic recovery remains on track, rates will li...
05/25/2011
The slowing of home sales and an increase in listings pushed the months' supply up to 8.6 months, an increase of 15% from the previous month and 2% year over year. This is the third-lowest level since June. Months of inventory remains 31% below its peak of 12.5 months in July and is now back to p...
05/24/2011
Nationwide home prices continued to soften in January with median home prices decreasing to $156,100.  This is 5.2% below the year-ago level and brings the median price close to February 2002 levels. Two out of every five homes sold during February, or 40% of sales, were distressed properties.  D...
05/23/2011
Although home sales have fallen 9.6% compared to the previous month, they remain close to last year's levels, showing only a 2.8% decline. The unseasonably cold weather across much of the country during late January and February could have kept buyers indoors more so than normal. Gradual improvem...
05/19/2011
The market has shown remarkable improvement from the initial drop after the expiration of the home buyer tax credit this past July. Although higher-than-normal distressed sales skew the overall picture of home prices downward, inventory remains at pretax credit expiration levels. The rock-bottom ...
05/18/2011
FOR IMMEDIATE RELEASE: May 5, 2011 Housing market "warming" as brokers report multiple offers in some areas KIRKLAND, WA, May 5, 2011. Home sellers around Washington state are starting to a see something that had all but vanished in recent months: multiple offers. Several directors of Northwest M...
05/17/2011
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David Edwards

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