For me, one of the most enjoyable aspects of selling residential real estate in the Northwest has always been the appealing architecture of our home grown traditional styling. The large-ish local builders have taken pains over the years to build homes that exuded classic styling without being absurdly ostentatious, and were a bit above “affordable”, at least in the late ’80’s …
Trapped?
Ever get the feeling that the deck is stacked against you. This Jan 31, 2012 article in the Seattle Times, Page 3, “Freddie Mac bets against struggling homeowners” justifies that feeling. If you’re self-employed, have less than 20% equity in your home, and currently have a mortgage interest rate in excess of 6%, don’t expect relief anytime soon. If you’re a …
Eastside Market Impact of Foreclosed Properties
Reading the Seattle Times Business Section article today, “HOME SALES IN KING COUNTY UP IN 2011; NOT PRICES”, I became curious as to exactly how sales of foreclosed properties are in fact impacting the King County Eastside market areas. I limited my sampling of sales data to quantities that I could handle and concluded that: 1. In various price ranges from …