Thursday, February 3, 2011

Pending-Home Sales Rise Again (as published by NAR)

National Association of Realtors (NAR) Chief Economist Lawrence Yun reviews the latest data showing the fifth gain in six months

Monday, January 10, 2011

Saturday, October 2, 2010


OCTOBER 2-3, 2010
10:00a - 6:00p Daily

Thursday, May 20, 2010

Sunday, May 2, 2010

Friday, April 30, 2010

PENDING in Lake Stevens - Congratulations Tamera & John!!

Another client's home just went PENDING!
Just hours a couple hours before the $8000 tax credit expires - WOW!
MLS#45774

PENDING in Lynnwood - Congratulations Jaimee!

My client's listing went PENDING
just in time for the buyer to receive the tax credit!
Now time to find her a new home!!
MLS#47936

RENTED in Snohomish - Congratulations Gerald!

In the desirable community of Highlands East!!
MLS#32458
For more information about rentals that are available visit our website:

PENDING in Burien - Congratulations Sophorn!

This Bank Owned Property was a FANTASTIC deal!

PENDING in Granite Falls - Congratulations Mario & Josefina!

Another Home PENDING just in time
for First Time Home Buyer Tax Credit!


PENDING in Lake Stevens - Congratulations Josh & Tonia!!




Great 2 Bedroom Condo located in the heart of Lake Stevens

and just in time for the First Time Home Buyer Tax Credit!






Sunday, April 25, 2010

CLOSED in Renton - Congratulations Chance!


My client got a GREAT price on this Wonderful Starter 4 Bedroom Home!!
Another SHORT SALE Closed!
I do believe the market is picking up...

Seattle Times - Neighborhood of the Week: Tukwila

Tukwila back on fast track with light-rail link


Tukwila, at the crossroads of rivers, highways and railways, has been a hub of commerce since the 1860s, when boats on the Duwamish River ferried coal from local mines on a two-day journey to Seattle.

That trip now takes 37 minutes from the new Tukwila light-rail station near the airport.

That station (officially known as the Tukwila International Boulevard Station) has increased homebuyer interest in the neighborhood surrounding the towering structure.

"The last two homes I've sold were because of the light-rail station right up the street," says Windermere Real Estate agent Marilyn Ferris.

Housing in the neighborhood around the station is "eclectic and affordable," Ferris says. "There's a lot of diversity and multigenerational households," she says, citing the recent sale of a "really cute" 1,700 square-foot home to an extended family for $245,000.

"They don't drive and can walk to the bus, light-rail station and stores, and they're thrilled to be homeowners," Ferris says.

The neighborhood features some of the most affordable houses in the Seattle area. Recently a three-bedroom, two-bath, 1,768-square-foot house three blocks from the station was listed for $159,999 while a new, custom-looking four-bedroom, 2,590-square-foot house with coffered ceilings sold for $366,000.

Prices across Tukwila are similarly affordable. The median price of 12 single-family houses sold in Tukwila during February was $285,000, according to figures compiled by Seattle-based Zillow.com. The median price of 11 condos sold during February in Tukwila was $132,000, according to Zillow. - Click Here to View Entire Article


Friday, April 23, 2010

New-home sales rise fastest in 47 years

NEW YORK (CNNMoney.com) -- New home sales improved in March at the fastest single-month rate in 47 years, according to a government report released Friday, as buyers snatched up properties ahead of the tax credit that's set to expire.

New-home sales rose 26.9% to a seasonally adjusted annual rate of 411,000 last month, compared to an upwardly revised annual rate of 324,000 in February, the Census Bureau said. The gain snapped a four-month streak of declines.

A consensus of economists surveyed by Briefing.com expected March sales to rise to an annual rate of 330,000.

The March sales were the strongest since last July, and the percentage gain was the biggest on a month-over-month basis since a 31% gain in March 1963.

New-home sales spiked in every region of the United States. The South saw the biggest jump in new home sales, up 43.5%, while the Northeast region saw sales climb 35.7%. The West and Midwest regions both saw single-digit percentage growth, with the West up 6% and the Midwest up 4%.



The Census Bureau data followed a report from the National Association of Realtors on Thursday that showed existing home sales soared nearly 7% in March, as new homebuyers raced to buy up properties before a tax credit expires on April 30.

"It's obvious that homebuyers are rushing in to take advantage of the tax credit that's set to expire," said Robert Dye, senior economist for PNC Financial Services.

In November, the government extended and expanded an $8,000 tax credit, which also allows some repeat buyers to qualify for a $6,500 credit. Buyers have until April 30 to qualify.

Fewer homes to buy
Dye expects to see continued strength in April's data before "tailing off" through the summer as the group of buyers who rushed in are "all spent out."

The Census Bureau estimated that 228,000 new homes hit the market in March. At the current sales rate, it would take 6.7 months to sell through that inventory, down sharply from an estimated 9.2 months of inventory in February.

Although new-home sales in March exceeded analyst expectations, sales are still trending near record lows, and prices are still under pressure due to oversupply.

"It's a very good sign to see [the March inventory] number down," said Dye. "But this needs to tighten up more to see upward pressure on prices."

The average price of a new home was $258,600, according to the Census Bureau. That was virtually flat compared to a year earlier, and 12% below average prices in 2008.

A precarious jobs market continues to threaten the housing market. Dye expects the April unemployment rate to dip to a still-high 9.6% from March's 9.7% when data are announced May 7.

"Firming house prices and an improving jobs market will make recovery felt on Main Street as well as Wall Street," said Dye. "We're headed in the right direction."

Click Here - To view article on CNN

Thursday, April 22, 2010

Today Marks 40th Anniversary of Earth Day!


Earth Day founder, U.S. Senator Gaylord Nelson of Wisconsin, first proposed national
environmental teach-in day to a conservation group in Seattle in September of 1969. Denis Hayes was the principal organizer of the first Earth Day, which took place a few months later in 1970. Over 20 million people participated that first year.

Visit the websites below to find out how to get involved in Earth Day:

www.earthday.net
www.earthday.org
www.earthday.gov

Wednesday, April 21, 2010

CLOSED TODAY in Lake Stevens! Congratulations Neal & Rozanne!



Wonderfully Updated Home in Crosswater Community!
MLS#27133137
Click Here for Complete Property Details

Another Short Sale Sold by The KEY Team

CLOSED TODAY in Edmonds! Congrats to The Raymonds

Best Deal of The Year!
3 Bedrooms in Edmonds for Under $120K
WOW!!!