RECENT BLOG POSTS
The Renton School District has planned a community open house for the Renton Memorial Stadium which recently underwent renovations paid for by a school construction bond measure that passed in May of 2008. The event, scheduled for Saturday, October 22nd between 11:00 AM and 2:00 PM is free and op...
09/28/2011
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Home sales declined 4.8% in 2010, mainly due to softer demand in the second half of the year. 2010: 4,908,000 (31% off its peak)2009: 5,156,000 2008: 4,913,0002007: 5,652,0002006: 6,478,0002005: 7,076,0002004: 6,778,0002003: 6,175,0002002: 5,632,0002001: 5,335,0002000: 5,174,0001999: 5,183,000199...
09/27/2011
By writing down all underwater mortgages to market value, the nation's banks could pump $71 billion per year into the economy, create more than one million jobs annually, save families $6,500 per year on mortgage payments, and fix the housing crisis once and for all, according to a new report. Th...
09/26/2011
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As the weather gets cooler, some homeowners could be considering undertaking home renovations or updates before the holiday season. Here are a few findings about updates and home sales: Homeowners typically spend considerably more on updates to their home when planning to live in and enjoy it, wi...
09/21/2011
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The real estate industry is an obvious benefactor of this technology. Electronic signatures increase efficiency and reduce our impact on the environment. I used DocuSign to get an extension signed by a buyer on a purchase and sale agreement yesterday. Prior to my adoption of electronic signatures...
09/21/2011
3401 Benson Dr S, Renton 98055-5455 List Price: $430,000Bedrooms: 3Bathrooms: 4Year Built: 1975Square Feet: 2200Lot Size: 0.86 AcresMLS: 276300 Description: This is not bank owned or short! It sits on a large lot with ample parking. There's a primary residence as well as a pool house. The primar...
09/20/2011
Mortgage rates hit a new record low in August of 4.15%, primarily due to uncertainty in the global and domestic economies. While these incredible rates represent a significant savings for home buyers, experts note that for the benefits to be fully realized, lending conditions must loosen to enabl...
09/19/2011
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The supply of homes measured in months on the market at their current pace of sales was up slightly during July compared to June. This is in keeping with historical trends, which show that inventory levels typically rise during the summer months. The month’s supply remained 25% below the peak of ...
09/15/2011
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The number of home sales were up 21% from the previous year but home prices dipped by less than 1% in July with median home price at $174,000. This is 4.5% below the year-ago level which followed a strong spring season of sales driven by the tax credit. Median home prices remain close to 2002–200...
09/14/2011
Home sales in July were up by 21% from the same month last year when the expiration of the tax credit resulted in a significant drop in sales. However, they were down 3.5% compared to June. This could be due in part to NAR’s report that 16% of members experienced a contract failure from issues in...
09/13/2011