David's Blog

  15325 SE 155th Place #Z1, Renton 98058-6314 Closing Date: 06/20/2011Listing Price: $139,000Sold Price: $133,000Bedrooms: 3Bathrooms: 2.5Year Built: 2004Square Feet: 1603Lot Size: 0 Square FeetMLS: 170863 This townhome has been stripped to the studs. It's located in a nice area. There is great p...

Housing affordability is the percentage of a median family’s income required to make mortgage payments on a median-priced home. Housing affordability continued at record levels in March. The relationship between mortgage rates, home prices, and family income is the most favorable on record for bu...

After rising above 5% for the first time in ten months in early February, rates have remained stable in the 4.8% range. They are still expected to follow an upward trend throughout the year. As overall economic recovery remains on track, rates will likely rise to keep inflation in check. Buyers w...

Supply of Homes is 33% Below Peak of 12.5 Months Last July The national supply of homes measured in months on the market, if sales continue at their current pace, remained stable compared to the previous month. This is the third-lowest level since June. Inventory levels remain 33% below its peak ...

Home prices rebounded 2.2% in March with the national median home price rising to $159,600. This is 5.9% below the year-ago level and keeps the median price close to 2002 levels. Continuing February's trend, two out of every five homes sold during March, or 40% of sales, were distressed propertie...

Homes Sales Up 3.7% in March Home sales were up 3.7% in March compared to the previous month but were down 6.3% compared to the same time last year when the impact of the tax credit was nearing its peak. Gradual but uneven improvement is expected to continue. In fact, home sales have increased si...

Gradual and Uneven Progress in the Housing Market Continues Gradual and uneven progress in the housing market continues without government support. The market has shown remarkable improvement from the initial drop after the expiration of the home buyer tax credit this past July. Although higher-t...

614 Shelton Avenue NE Avenue NE, Renton, WA, 98056-3998 United States List Price: $150,000Bedrooms: 3Bathrooms: 1Year Built: 1953Square Feet: 875Lot Size: 0.176 AcresMLS: 233728Virtual Tour: http://www.flyinside.com/tour.php?id=52220 Description: Welcome home to this three bedroom, one bathroom ...

FOR IMMEDIATE RELEASE: June 6, 2011 Momentum building as home buyers respond to lower prices, favorable financing KIRKLAND, WA, June 6, 2011. Northwest Multiple Listing Service members reported a 43 percent increase in pending sales of single family homes and condominiums during May compared to t...