Last week I shared about our shift into a seller's market. One of the things that has driven this shift is the surprisingly low inventory for this time of year. An obvious problem this creates for buyers is the difficulty in finding homes to choose from. As the market action index below shows,
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01/30/2013
Yesterday I wrote about our market moving into a seller's market. The market data indicates that we are in a seller's market but the activity on my listings tells an even more compelling story. This photo is me preparing to meet with the seller and present the 12 offers I received last Sunday
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01/22/2013
With inventory low and buyer interest high I am seeing a surprising increase in the number of showings and offers on my listings. Last Friday I listed a beautiful home in Lake Ridge in Klahanie and was stunned to see buyers literally lined up to the street. This is an indication of the pent
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01/21/2013
Brian Leavitt | Northstone Real Estate Inc | (206) 999-2289 4024 252nd Ave SE, Issaquah, WA Lake Ridge 2-story 3BR/2+1BA Single Family House offered at $424,950 Year Built 1996 Sq Footage 2,100 Bedrooms 3 Bathrooms 2 full, 1 partial Floors 2 Parking 2 Car garage Lot Size 5,279 sqft HOA/Maint
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01/18/2013
The Association of Realtors reports online home searches are up 253% in the last four years. More buyers are turning to internet resources than ever before which are bringing about interesting changes in the overall process of buying a home. It was not very long ago when buyers relied almost e
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01/08/2013
Interest rates remain at all time lows as we begin 2013. If you are in the market to purchase you are in luck. With prices remaining low and rates incredibly low, home affordability is extremely high. For example on a 30 year fixed rate purchase loan of $400,000 with 20% down payment the monthly
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01/03/2013
I just heard from Ed McFerran at MBS Law that the Mortgage Forgiveness Debt Relief Act of 2007 has been extended by Congress. What this means is that if Congress had not extended the relief act homeowners would have to start paying income tax on the portion of their mortgage that is forgiven in
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01/02/2013
