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Inspection Response Form Idiosyncrasy


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Attorney Annie Fitzsimmons answers questions for Washington State Realtors in a weekly newsletter. As a rule, in most contracts, any offer can be withdrawn until it is accepted by the other party. In a Purchase and Sale offer where the parties have choosen to use Form 35 Inspection, and... Read more

Home Prices On The Rise


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Lately many in our industry have been feeling & seeing signs that the local housing market has been improving, especially amongst our close-in, North Seattle neighborhoods.  Multiple offer situations???  I've been seeing a few here and there.  This article in the Seattle Times speaks to the recent break in the... Read more

King County Property Taxes to go up 1.18%???


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That's right, this month your tax bill will be larger.  Here's the article as released by SeattlePI.com: http://www.seattlepi.com/local/415451_taxi16.html... Read more
According to an article in the February 5th Seattle Times, the average sales price of a Seattle home rose 3.8% in January compared to January of 2009. This is the first time the year over year figures have gone up in 2 years. Unfortunately, the suburbs and outlying areas' figures... Read more
http://www.nytimes.com/2010/01/10/magazine/10FOB-wwln-t.html?em  ... Read more

Seattle-Area Home Values Stable for 7th Consecutive Month


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The just-released Case-Shiller Index for October shows Seattle values at 149.26, virtually unchanged for the seventh consecutive month, providing further evidence that home values have stabilized in the Seattle area. After reaching a low of 149.03 in March, index values have hovered between 148.94 and 149.54, a fluctuation of less... Read more

Reflections on 2009


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Remember last December? Want to? * The economy was teetering on the brink of collapse. * Real estate values splattered. * The banking industry took a $700 billion bailout. * General Motors and Chrysler thought they wouldn't make it through the end of 2008. * Manufacturing was in the tank. * The workforce was losing... Read more

Should Washington Mutual have been closed?


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Kirsten Grind has a fantastic new investigative report in the Puget Sound Business Journal.  In the article Kirsten questions the real reasons behind the closing of Washington Mutual.  It now appears that WAMU had enough liquid assets to survive.  So why did federal regulators close our locally grown institution so quickly?... Read more

The $8000 first time tax credit is extended to April 2010.


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This is great news for Seattle as there are a lot of first time buyers and move up buyers who have been waiting for the right house Read more

Good Financing News


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This just sent to me by: Rick HubbertSenior Mortgage ConsultantOn Q FinancialWA Lic. 510-LO-37044425-643-7000 PhoneUS Senators Near Deal On Extending Home Buyer Tax Credit   By Jessica Holzer, Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- U.S.Senators are nearing a deal on a measure to extend the first-time home buyer tax... Read more

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