Snohomish County Real Estate Blog

Great News for First Time Home Buyers in Washington State

2009-04-17T13:43:00.000-07:00

Great news and big news for the residents of Washington State regarding home ownership, buying and selling.The Senate Ways and Means Committee last night unanimously approved a measure designed to help first-time homebuyers come up with a down-payment. The committee adopted the measure as an amendment to the proposed Senate biennial operating budget.The proposal would make the $8000 federal tax

2009-03-27T08:05:00.000-07:00

The members of the Snohomish County-Camano Association of REALTORS® are committed to giving back to the communities in which they live, raise their families and derive their incomes. We provide community service, both individually and as a group, donating money talent and time to many worthy causes. The philosophy of our Association is that as members of this community, and as real estate

First Time Home Buyer Tax Credit - New Information

2009-03-12T18:27:00.000-07:00

Great news today. The IRS has revised it's Form 5405 that allows a first time homebuyer to get a tax credit for $8,000. The most important change is they can claim it on their 2008 TAXES!That's correct, if you purchased a home in 2009 you can check a box that states you are collecting the $8,000 credit on your 2008 taxes and get the money immediately. If you have already filed your return for

Extended Tax Credit Available for 2009 First Time Home Buyers

2009-02-26T16:20:00.000-08:00

The Internal Revenue Service announced today that taxpayers who qualify for the first-time homebuyer credit and purchase a home this year before Dec. 1 have a special option available for claiming the tax credit either on their 2008 tax returns due April 15 or on their 2009 tax returns next year.Qualifying taxpayers who buy a home this year before Dec. 1 can get up to $8,000, or $4,000 for

Update on Federal Economic Stimulus Plan - What It Means for Snohomish County

2009-02-24T12:00:00.000-08:00

Fannie Mae and Freddie Mac are restricted by law to purchasing single-family mortgages with origination balances below a specific amount, known as the “conforming loan limit.” Loans above this limit are known as jumbo loans. The national conforming loan limit for mortgages that finance single-family one-unit properties increased from $33,000 in the early 1970s to $417,000 for 2006-2008, with

Beautifully Remodeled Tri Level on Private Lot

2009-02-09T15:19:00.001-08:00

Remodeled Tri Level on Large Private Lot with RV ParkingLocation: Silver LakePride of ownership is evident here with a fabulous remodel. New roof in 2008, fresh decorator paint on the interior, new carpeting, tile flooring in kitchen, gas range, pergo flooring upstairs. White mill work and white doors accent the living areas. The living room has a bayed window and there is a window wall in the

Changing Times or Not

2009-02-09T15:09:00.000-08:00

Having just cleaned out my desk recently with my new business plan in place, I found an old newspaper, The Everett Herald, from March 1992. The headlines read: "Boeing Gives Layoff Slips to 3,000"; "Unemployment rate rises to highest level in more than six years" - 7.3%.And then I compare the headlines with a more recent post February 2009: "Boeing Gives Layoff Notices to 6,000", Unemployment

Four Bedroom Two Story With Master On Main

2008-11-24T09:27:00.001-08:00

Four Bedroom Two Story With Master On MainLocation: Candle RidgeBuilt in 2000 this home has four bedrooms with the master on the main. The second master is located upstairs. The home sits on a 10,000+ sq. ft. lot that is fenced and has RV parking in addition to the three car garage. There is a sprinkler system with timer to keep your garden on track and a very sunny, private yard for

Four Bedroom Two Story with Master on Main

2008-11-24T09:22:00.000-08:00

Photo GalleryFormal Lving RoomKitchenCook Island and Eating AreaFamily RoomFamily RoomPlay SetDeck and Hot TubYardDescriptionBuilt in 2000 this home has four bedrooms with the master on the main. The second master is located upstairs. The home sits on a 10,000+ sq. ft. lot that is fenced and has RV parking in addition to the three car garage. There is a sprinkler system with timer to keep your

Remembering The Needy at Holiday Times

2008-11-24T09:18:00.000-08:00

This year when sending out your Christmas/Holiday cards please send one to this address:A Recovering American Soldier, c/o Walter Reed Army Medical Center, 6900 Georgia Ave. NW, Washington, D. C. 20307-5001If we pass this along, think of how many cards these special people that have done so much for this country would get.Send an email to your clients, post it on your blogs, tell everyone. This

Medical Identity Theft

2008-10-06T08:48:00.000-07:00

With identity theft on the rise these days, most of us are already taking steps to protect ourselves. But did you know that there’s now a growing form of identity theft known as “medical identity theft” that can not only devastate victims’ finances, but also compromise their health, too. According to Joy Pritts, JD, author of Your Medical Record Rights, here’s what you need to know.What is

Autumn Tips

2008-10-04T15:11:00.000-07:00

FALL MAINTENANCE TASKSOutside* Replace weather striping and caulking around doors and windows* Clean and remove screens* Drain outside faucets* Remove leaves from guttersInside* Test your smoke alarm and carbon monoxide detector*Change batteries in both (twice a year)*Service heating system and change filters*Clean refrigerator coils*Check fire extinguishersOCTOBER HOME DECORATING TIPS*Hollow out

What Steps Consumers Can Take To Protect Themselves from a "Hurricane Wall Street"

2008-09-16T15:03:00.000-07:00

This information comes as a courtesy from my lender, Ken Allen, Branch Manager with MetLife Home Loans. You can reach him at 425-6702418 or ken@kenallen.com.With Wall Street engulfed in the biggest financial crisis in a generation, there are a few things that consumers can do to protect themselves from this perilous storm,” said Gibran Nicholas, Chairman of the CMPS Institute, an organization

Fannie Mae and Freddie Mac Take Over

2008-09-10T08:49:00.000-07:00

Here is a quick video of what is occurring since the government bail out of Freddie Mac and Fannie Mae. This was created by my lender, Ken Allen, of MetLife. You can reach Ken at 425-670-2418 for all your financial questions or ken@kenallen.com.Hopefully this will encourage buyers that are "sitting on the fence" to start shopping for homes and this should reduce our standing inventory.Should you

National Association of Realtors Code of Ethics

2008-06-20T13:31:00.000-07:00

The Code of Ethics of the National Association of Realtors is the promise to the public that when dealing with a real estate agent that is a REALTOR, they can expect honext and ethical treatment in all transaction-related matters. Only REALTORS pledge to abide by the Association's Code of Ethics and only REALTORS are held accountable for their ethical behavior.Some of the basic principles of the

The Buying Process in Washington State

2008-06-20T13:15:00.000-07:00

Many of you think that when we find your dream property, write an offer and get it accepted, the Realtor's job is done. Far from that point.....our job is just beginning.In addition to helping you find your dream home through the listings we have sent you, making appointments to show you these listings, we are always working FOR you.When we first met we gave you a copy of the "Laws of Real Estate

Are The Financial Heavens Opening up in Washington State

2008-05-28T18:45:00.000-07:00

JP Morgan Chase is expanding it's home lending business in Washington State and will more than quadruple it's market share by the end of the year. Chase has seven branches and plans to open up four more offices this year. As reported in the Puget Sound Business Journal "The financial's giant's plans are reflective of the state's rosy reputation among mortgage bankers, and also could indicate a

Washington Real Estate

2008-05-10T13:34:00.000-07:00

Washington State - The Sky is NOT Falling With all of the attention on the failing national housing market, many people have lost sight of the fact that Washington State is a unique market place. We have not seen the crash that most other states have. The median priced single family home in Snohomish County has dropped only .92% since last year. Here is why:1. Washington has an extremely

Washington Realtors Leadership Institute Northwest

2008-05-08T14:32:00.001-07:00

I have the privilege of having been chosen as one of seven applicants accepted from a pool of 25 applicants for 2008 to attend the Leadership Institute Northwest for Washington Realtors. It is an intense 9 day session broken into three two and half day sessions over six months. The goal is to identify future leaders of the Washington Realtors Association. They bring in national speakers, do

Jones Soda Partners with Alaska Airlines

2008-05-08T14:15:00.000-07:00

Seattle based Alaska Airlines and Horizon Air just announced a partnership with a local soft drink company, Jones Soda.Visit their web site, they have such a unique product, they solicit their labels from their customers. In 1995 they created WAZU Water (named for a local university), Washington State University, (WAZZU) NOT to be confused with the University of Washington (UDUB). We do have

Send Out Cards

2008-05-08T14:13:00.000-07:00

Don't know if any of you have seen this program; it is called Send Out Cards.It's an online service where you can join and have the capability of sending cards (real cards by real mail) to your family and friends. You have a choice of ove 12,000 cards in varying categories.You have the capability to upload photos of yourself, family, friends, animals, sporting events of the kids and add them to

Good News for Vacation and Second Homes

2008-05-08T14:11:00.000-07:00

There is a new IRS Code for established vacation and second homes.This revenue procedure, which will be effective for exchanges occurring on or after March 10, 2008, establishes a safe harbor regarding when a vacation home can be considered investment property and traded in a §1031 exchange. The ruling states that a vacation home qualifies for a §1031 exchange if the investor owns the home for

First Time Home Buyers in Washington State

2008-05-08T14:08:00.000-07:00

First Time Home Buyers in Washington StateDo you fit that category? You will want to visit this website, a dedicated page on the Washington Realtor's Web site that will give you great information on the home buying process and a step by step guide to accomplish this.Here's an sample of what is available to you:Congratulations! You are thinking of buying your first home. We know this is a big

Washington Real Estate Market Trends Report

2007-11-29T07:31:00.000-08:00

Temporary problems in the mortgage market are expected to free some pent-up demand, but disrupted existing-home sales and distorted prices on sales closed in September, according to the National Association of Realtors®. Even so, prices continued to rise in some area. Because of this and other factors, total existing home sales fell 8% and are 19% below the level that they were in September 2006.

Happy Thanksgiving, Snohomish County!

2007-11-21T07:12:00.000-08:00

May your Thanksgiving be blessed with the bounty of the season and the love of family and friends!We’ll be back next week with more of the latest Snohomish County WA real estate news and information! In the meantime, please feel free to contact me at 425-308-3669 or visit KarensVillas.com.

Maintenance Tips for Hardwood Floors

2007-11-15T10:58:00.000-08:00

The rich look of wood floors can add class and beauty to any room. The natural beauty of a wood floor never goes out of style and is very easy to incorporate in redecorating. But keep in mind that after much wear and tear, wood floors can look dull and worn and may need repairing.Luckily, it is not always necessary to sand down the damaged part of your wood floor to give it a newer look. By

Get Your Washington Real Estate Facts Straight!

2007-11-09T12:10:00.000-08:00

Have you heard the new ad campaign for the Washington Association of Realtors? The message is "Get Your Facts Straight!" I couldn't agree more. Especially with the current real estate market in other parts of the country generating such negative publicity, this is a great time to take a look at what is going on here in Washington and realize how different our market is.Check out this brochure,

How to Avoid Foreclosure in Snohomish County WA

2007-11-08T10:51:00.000-08:00

Thanks to this past summer’s increasingly tightening credit standards and rising interest rates, there has been a lot of buzz about the startling increase in foreclosure rates across America.Many homeowners think it can or will not happen to them, but what would you do if you were actually faced with the prospect of foreclosure? It is important to know the “lingo” of lenders and understand what

Washington Market Trends Report

2007-09-27T12:23:00.000-07:00

According to the latest forecast by the National Association of Realtors®, tightening credit standards for those applying for home mortgages will likely dampen home sales in the short term and postpone an expected recovery for existing-home sales until 2008. Lawrence Yun, senior NAR economist, said unusual disruptions in the mortgage market are dampening the outlook

An Article in Reuters: Wed. Sept. 19

2007-09-21T05:33:00.000-07:00

While California suffers in the housing crisis, the economy of nearby Washington state is flourishing with strong job growth and some of the highest appreciation in home prices in the nation.The outlook for Washington's economy is bright because so many people are moving there in response to help-wanted advertisements. Seattle, the state's biggest city, is an especially hot job market, boosting

Applying For A Loan In Snohomish County WA

2007-09-13T12:59:00.000-07:00

You may feel like you are drowning in paperwork when you head to your lender’s office to apply for your next home loan. This is thanks in part to tightening credit standards that are causing lenders to require more proof than ever of borrowers’ income and expenses. To make the process somewhat less daunting, I’ve put together a list of items you may be required to bring along when are ready

What Is Your Snohomish County WA Home Built On?

2007-09-06T12:00:00.001-07:00

Many of us may just think of it as the dirt and grass that our home is sitting on, but the makeup and quality of the soil upon which your home is built is extremely complex and varies from area to area. Investigating the soil on your property can tell you a great deal about the history and future of not only your home, but also about the land you have invested in.But wait – does this mean we need

Snohomish County Real Estate Update

2007-08-30T12:22:00.000-07:00

If you’ve turned on the news or read a newspaper lately, you have certainly heard all of the buzz around the national housing market crisis. Some news media is even referring to it as “Mortgage Meltdown 2007.” In the wake of recent changes in interest rates and credit standards, Realty Trac (an online marketer of foreclosure properties) has announced that the recent influx of foreclosure filings

Reardon Signs Critical Environmental Protections Into Law

2007-08-23T07:58:00.001-07:00

I was honored to represent the Snohomish County Camano Association of Realtors last Wednesday as Snohomish County Executive Aaron Reardon signed new regulations into law that will help protect the County’s environment (I am behind Executive Reardon with other members of the County staff and community stakeholders).The adoption of Snohomish County’s Critical Areas Regulations represents over three

King and Snohomish Counties Market Trends Report – August 2007

2007-08-16T09:46:00.000-07:00

A forward-looking indicator based on pending home sales shows the market is likely to stabilize in the months ahead, according to the National Association of Realtors®.The Pending Home Sales Index, based on contracts signed in June, was 5 percent higher from the downwardly revised May index of 97.5, but is 8.6 percent below June 2006 when it stood at 112. This 5 percent monthly gain is the

Snohomish County WA Interest Rate Update

2007-08-09T07:23:00.000-07:00

The Real Estate Journal (a subsidiary of the Wall Street Journal Online), reported this week that tightening standards in lending may worsen the housing slump being felt in much of the country.In the wake of the recent controversy surrounding the sub-prime lending market, more lenders in Washington are being forced to raise interest rates and stick with loans that are considered less risky than

Back To School In Snohomish County WA

2007-08-02T07:28:00.000-07:00

The summer is flying by – as it always seems to do – and it is almost time to start thinking about sending kids back to school again!Whether you are new to the Snohomish County area or already have kids in school here, now is the time to take a good look at how the schools are measuring up.Below are links to information about the Everett and Marysville school districts – does YOUR child’s school

10 Ways to Make Your House in Snohomish County WA More Saleable

2007-07-25T12:52:00.000-07:00

1. Get rid of clutter. Throw out or file stacks of newspapers and magazines. Pack away most of your small decorative items. Store out-of-season clothing to make closets seem roomier. Clean out the garage.2. Wash your windows and screens to let more light into the interior.3. Keep everything extra clean. Wash fingerprints from light switch plates. Mop and wax floors. Clean the stove and

Market Trends Report For Snohomish County, WA – July 2007

2007-07-19T17:20:00.000-07:00

Home prices are expected to recover in 2008 with existing-home sales picking up late this year and new-home sales rising early next year, according to the latest forecast by the National Association of Realtors®.Lawrence Yun, NAR senior economist, said a good buyers’ market has evolved. “Buyers now have an overwhelming advantage given the wide selection of homes available in many markets,” he

Fun Things To Do In Snohomish County, WA

2007-07-15T04:58:00.000-07:00

Summer is in full swing and as the novelty of being out of school begins to wear off, most parents are bracing themselves for the inevitable “I’m booooored” that is just bound to come out of their children’s mouths soon.Below are links to several fun things to do with your children this summer to get them outside and enjoying this beautiful time of year in Snohomish County:Snohomish

WA Homeowners Insurance & Fire Stations

2007-07-07T12:35:00.000-07:00

So what does the location of my Washington home have to do with the fire station?Most insurance companies will ask the proximity of your home to the nearest fire station or fire hydrant. The closer together they are the cheaper the insurance.The theory behind this is, if there were to be a fire, the closer the house is to the fire station, the faster the response time and the less damage done to

Snohomish County Independence Day Celebrations

2007-06-30T03:46:00.000-07:00

Independence Day is just a few days away. Below are just a few of the place you can enjoy fireworks displays, as well as parades, music, games, and family entertainment.Edmonds Kind of 4thThis all-day event in downtown Edmonds, now celebrating its 100th year, gets started with a 5K Fun Run, then continue with the Children's Parade at 11:30 a.m. at the corner of Fifth & Walnut; at noon the main

Senator Patty Murray Signs Bill

2007-06-21T22:24:00.000-07:00

While myself and more than 80 Washington REALTORS® were in Washington DC advocating for issues on our industry's behalf, Sen. Patty Murray signed on to S. 413, the Community Choice in Real Estate Act, which maintains the longstanding national policy prohibiting the mixing of banks and commerce.Other members of Congress from Washington state who support the companion bill HR 111 in the House of

King and Snohomish County Real Estate Sales

2007-06-21T22:07:00.000-07:00

"Home sales are projected to move in a relatively narrow range with a gradual upturn becoming more pronounced by the end of the year according to the latest forecast by the National Association of Realtors. Overall housing levels are historically strong, but sales remain sluggish compared to the recent boom." The King County housing market experienced an increase in sales in May, while Snohomish

Snohomish County Home for Sale

2007-06-20T10:22:00.000-07:00

18421 Noble Drive, Arlington, WA 98223This 3 bedroom, 2.5 bath Arlington, WA home for sale is a diamond in the rough. It needs cosmetic work, but with a little sweat equity and TLC you can have a great home! Selling as is. Needs paint, carpet, vinyl and lots of elbow grease. This could be a darling. Great lot with RV parking. Great Gleneagle neighborhood location.For more information on this home

Edmonds WA Home For Sale

2007-06-18T06:09:00.000-07:00

5615 154th Street SW, Edmonds WA 98026Better than new, this georgeous two story has been lovingly maintained. Vaulted ceilings add drama with plenty of windows. Soft decorator colors accent walls. The chef's kitchen has a tile island and informal eating space. The family room offers a gas fireplace and buiit in alcoves. The fourth bedroom or den is on the main level. The master suite has it's own

Happy Fathers Day!

2007-06-15T07:06:00.001-07:00

Father's Day is this Sunday. In honor of all the fathers and father figures, I’d like to share a short three minute movie titled: To A Child Love Is Spelled T-I-M-E. It’s one of my all time favorites, and it takes my breath away every time I watch it!So sit back, turn up your speakers and click on the link below. And please share it with friends, family members and co-workers. They’ll love you

Will I Pay Capital Gains If I Sell My Snohomish County Home?

2007-06-13T14:58:00.000-07:00

The IRS permits a maximum exclusion on capital gain of $250,000 for individuals and $500,000 for married couples filing a joint return who sell their home, but of course some conditions apply.For the five-year time frame prior to the date of the sale of your primary residence, you must meet the Ownership and Use Tests the IRS provides in Publication 523, Selling Your Home. These rules ensure you

RE/MAX Northwest Acquired by RE/MAX International

2007-06-05T03:09:00.000-07:00

An announcement from RE/MAX International:RE/MAX International Acquires Its Largest Brokeragein Washington: Strengthening Ownership in the Northwest(Denver, CO June 1, 2007) – RE/MAX International is pleased to announce the acquisition of RE/MAX Northwest, their largest franchise operation in the state of Washington. The Seattle area brokerage has 320 agents working in 6 offices, and plans

Warning Signs Of Predatory Lending

2007-06-02T03:59:00.000-07:00

It is difficult to pick up the paper or listen to a news show these days without hearing about mortgage fraud or predatory lending. There is nothing more important to us than our home and our family. Protecting them from deceptive and fraudulent loan practices is important also.StopMortgageFraud.com is a website offering advice on how to avoid becoming a victim of mortgage fraud or abusive

What Heroes Gave

2007-05-26T03:10:00.000-07:00

by ©2001Roger J. Robicheau (Sp 5, US Army)The Poetic PlumberEach donned their uniform to be Defenders of our libertyTheir mission sure, their spirits bright Guard freedom’s home, be brave to fight One final day each faced their callEach gave their best enduring allWe’ll never know what they went throughBut know they loved this country trueDeep down inside we should all feelWhat heroes gave, their

Washington Realtors Hail State Budget

2007-05-18T07:31:00.000-07:00

This week participated in the NAR Legislative Hill Day. I met with State Senator Patty Murray and Congressman Rick Larsen to promote affordable housing issues for Washington residents.The following is a Press Release from the Washington Association of Realtors:OLYMPIA, WA – Washington Gov. Chris Gregoire has signed new biennial transportation and building spending plans that include top

Avoiding House Fires

2007-05-12T05:48:00.000-07:00

A friend of mine, Realtor Teri Isner in Orlando, FL shared a story on her Blog concerning a house fire caused by an air freshener. This is a true rather scary story. I hope you will take the time to read it and take precaustions to protect you and your family.

Washington Real Estate Home Buyer Tips

2007-05-05T06:25:00.000-07:00

One of the reasons 78% of Washington home buyers start their search on the Internet is because it allows them to stay in control, research the market, look at homes for sale, and educate themselves about the home buying process without ever having to speak with an agent.I offer Home Buyer Tips will help you educate yourself on today's real estate issues before making any offers. Please take a

Snohomish County 'Air Condos' Debated

2007-04-28T03:58:00.000-07:00

Snohomish County 'Air Condos' have become popular with developers and residents, but many city government and fire department officials warn they are an accident waiting to happen.'Air Condos' are single-family residences built as condos. The homes are not connected and owners only own from the walls in. The exterior, grounds and roads are all common areas, owned and managed by the association.

Washington Real Estate Prices On The Rise

2007-04-20T04:30:00.000-07:00

"As home sales moderate, overall home prices will be essentially flat this year," says David Lereah, chief economist for the National Association of Realtors. Tighter lending standards are expected to slow sales, but the good news is, inventory remains well below the levels seen in the real estate downturn of the early 1990's.The King County and Snohomish County housing markets are both

Snohomish County Rethinks Its Parks

2007-04-13T13:08:00.000-07:00

A growing population is causing Snohomish County to rethink its park system, which in the past has comprised of mostly open, natural areas.Residents now say they want multi-use parks with lots of different amenities. "Traditionally, we're known for a passive park system, but people don't just want walking trails anymore," Reardon said. "They want equipment, entertainment, an active lifestyle."

Tips to Make Your Snohomish County Home Sell Faster

2007-04-06T05:28:00.000-07:00

The current buyers market in Snohomish County has caused buyers to be pickier and more demanding in the quality of the home they buy. Sellers need to have their home in tip-top condition to attract ready, willing, and able buyers. Below are some tips to help you prepare your home for sale and insure a timely closing.1. Curb appeal is everything.Buyers won't even look at the inside of a home, if

The Many Faces Of Karen!

2007-04-01T04:40:00.000-07:00

Having been licensed since 1984 and working in Everett, WA, I've had many, many real estate photos and cards made. I thought it might be fun to take a trip down memory lane - hold on to your seat!Which Karen Schweinfurth sold YOU a home?Call me or visit my website for all your Snohomish County real estate needs! 425-308-3669.

Tax Break - Is there Such an Animal

2007-03-28T04:02:00.000-07:00

Be careful what you wish for - tax breaks in the core of downtown Everett. The Everett City Council voted to extend the downtown redevelopment toll for ten more years.As Everett is bracing for explosive residential growth, bringing thousands of residents into the downtown core, this tax break makes buying a condo a more attractive proposition. With a dozen of projects expecting to blossom, this

WA Housing Opportunities Legislation Passed

2007-03-22T13:09:00.000-07:00

Gov. Gregoire signed HB 1025 awarding $71 million in infrastructure loans to 19 communities across Washington. Public Works Trust Fund helps local governments finance critical public works projects, such as bridges, roads and sewers.REALTORS® made HB 1025 a priority as it helps supply the needed framework for building better communities. The funds will support infrastructure projects in the

Snohomish County Real Estate Market Report

2007-03-16T06:51:00.000-07:00

Frigid Air Affects Home Sales"A rapid shift in February to frigid air in much of the country had a cooling effect on home shopping that went beyond normal seasonal factors. Weather factors have continued since, reported David Lereah, the National Association of Realtors chief economist." You will see this is true for both the King County and Snohomish County housing markets. But, even though

Preparing for Daylight Saving in Snohomish County

2007-03-09T10:37:00.000-08:00

Daylight Savings starts 2AM this Sunday, March 11,2007, three weeks earlier than past years.This could affect machines & computer programs that are set to coordinate time/date using Daylight Savings.The first step is to ensure that your computer is prepared. For Windows XP users, click the below link to download and install the Daylight Savings patch:http://www.microsoft.com/downloads/

Foreclosures Increase 25 Percent

2007-03-02T11:07:00.000-08:00

RealtyTrac reported last week that the number of homes entering the foreclosure process increased by 25% compared to January 2006. A total of 1.2 million homes entered the foreclosure process in 2006, 42% more than 2005.These are staggering numbers and are due mostly to borrowers taking out adjustable rate mortgages with low teaser rates and then not being able to afford the payments when the

Preparing For Homeownership

2007-02-21T14:02:00.000-08:00

Buying a home is a major decision for anyone, especially first-time buyers. A slower market means there are deals to be had, but you must be prepared to jump when the iron is hot.These seven tips will help get ready to buy a home when the time is right.1. If you are a first-time buyer, take a first-time home buyer class. The homebuying process will be less stressful if you know what to expect.2.

King County and Snohomish County Home Sales

2007-02-17T04:06:00.000-08:00

The National Association of Realtors reports consumers are responding to more favorable housing market conditions and are expecting sales to gradually rise throughout 2007. Time will tell whether or not this holds true locally, but let's take a look at January statistics.Active listings in King County in January 2007 increased by 1,536 homes or 25 percent compared to the same time period in 2006.

Washington REALTORS® Make Homes a Priority

2007-02-10T11:36:00.000-08:00

Washington REALTORS® believes there is a housing crisis in WA. You know we've got a problem when even middle-income citizens, the backbone of our communities -- the firefighters, teachers, police officers and nurses -- can't afford to live in the communities they serve. You shouldn't have to be rich to buy a home.Therefore, the REALTORS® association has launched a major media campaign to increase

Free Credit Report for Snohomish County Home Buyers

2007-02-02T13:08:00.000-08:00

One of the first steps in buying Snohomish County real estate is to get your finances in order. This includes taking a look at your credit report to determine its accuracy. It is not uncommon for there to be mistakes. Your report may show an account that is actually the account of a family member with a similar name, or, an unrelated person with a similar name.Under the Fair and Accurate Credit

The State Of Real Estate

2007-01-27T04:53:00.000-08:00

I was just featured in the January/February issue of the "Residential Specialist", the Council of Residential Specialists publication.The article "The State of Real Estate" presents the real estate market over the U. S. and what is currently happening in each of our markets. It's interesting to see how markets are changing in certain ares.The Council of Residential Specialists is an organization

Washington Housing Market Expected to Rise in 2007

2007-01-19T11:50:00.000-08:00

"After bottoming in the fourth quarter of 2006, existing-home sales are expected to rise through 2007 and into 2008, while new home sales should turnaround by summer, according to the latest forecast by the National Association of Realtors." Our local real estate markets in King and Snohomish counties fall in line with the latest NAR forecast.Active listings in King County increased by 1,330

Washington Ranks 4 In 'K-12 Achievement'

2007-01-12T04:51:00.000-08:00

The Education Week Quality Counts survey ranks Washington's public school education 4Th for 'K-12 Achievement' with a score of 14. Scores ranged from a high of 22 for Virginia to a low of -23 for New Mexico.The survey also ranks each state in a 'Chance for Success' category. Washington came in 22 with a score of 6. Top ranked Virginia scored 22 and bottom ranked New Mexico scored -22.The quality

Realtors "Hill Day" Next Week

2007-01-08T04:06:00.000-08:00

Washington REALTORS®' Legislative Day, when hundreds of REALTORS® will converge on the Capitol grounds in Olympia to discuss ways to improve housing opportunities with their legislators is scheduled for Wednesday, January 17. I will be attending as the President of our local Board of Realtors. If you have any housing concerns or issues you would like addressed, please contact me, karen@

CNNMoney.com Reports Unexpected Rise Of New Home Sales

2006-12-28T07:03:00.000-08:00

CNNMoney.com reports an unexpected rise in new home sales in November. While sales are down 15.3 percent from the boom of 2005, November sales reflect a 7 percent increase over the this year's low in July. The increase may be an indication that the new home market has bottomed out. Read the full story...

December Market Report

2006-12-22T05:54:00.000-08:00

David Lereah, National Association of Realtors chief economist, said a fairly steady pace of home sales can be expected for the next two months. "It's important to focus on where the housing market is now - it appears to be stabilizing, and comparisons with an unsustainable boom mask the fact that home sales remain historically high - they'll stay that way through 2007." he said. "In addition, a

Self.com Ranks Seattle Area 18th Healthiest City For Women

2006-12-15T14:07:00.000-08:00

Self.com has released it's 2006 survey ranking the nation's 100 healthiest metro areas for women. This year the Seattle-Bellevue-Everett, WA metropolitan area has ranked 18 out of the top 100.Our local area scored high points for healthy eating habits, the amount of park space available and is among the five best states for access to birth control and abortion.We didn't fare so well for weather

Interest Rate Freefall

2006-12-08T03:31:00.000-08:00

Mortgage interest rates continued to fall this past week according to Freddie Mac. The Primary Mortgage Market Survey for the week ending December 7, reveals rates on a 30-year fixed rate mortgage to average 6.08 percent, down from the previous week's 6.14 percent."Continued signs of slowing in the housing market and weakness in the manufacturing sector helped keep mortgage rates down this week,"

Renovation Wizard

2006-12-01T12:31:00.000-08:00

Americans are home improvement happythese days. This may or may not be a good thing. CNNMoney.com can help you evaluate your home improvement project and determine if is will be worth the money you will be investing. Will the improvement add value to your home or are you just throwing money down the drain.One thing to think about when considering an improvement project is whether or not the

Home Sales Coasting Into 2007

2006-11-26T05:04:00.000-08:00

Existing home sales are expected to coast into 2007 at roughly the same level as 2006, according to the National Association of Realtors®. Even though exisitng home sales are expected to fall 8.6 percent this year, 2006 remains third-best year on record. Our local markets look like they will be "coasting" into 2007 with fewer sales than 2005, but prices remain strong.Active listings in King

Washington Home Prices Continue To Rise

2006-11-17T06:13:00.000-08:00

OLYMPIA - Home prices continue to rise in Washington despite the news elsewhere of increased inventories, a slowing market and falling prices, according to the Washington Association of REALTORS®. Record-high prices will continue to rise here, experts say, putting homes further out of reach for many middle-income families.“Our state population is growing but the supply of middle-income homes isn’

Should You Try to Sell Your Home During the Holiday Season?

2006-11-13T13:55:00.000-08:00

A common misconception is that trying to sell a home during the holidays is a bad idea. If you are serious about selling, it can be an excellent time to list. During the holidays buyers are more serious. They have a different motivation like using vacation time to search for property. They're doing that because they have to buy, rather than want to buy. Remember Thanksgiving and Christmas is one

King & Snohomish County Real Estate Prices Rise

2006-10-28T10:05:00.000-07:00

Prices Continue To RiseHome sales appear to be bottoming out with lower home prices attracting buyers in many areas of the country, according to the National Association of Realtors®. Are sales bottoming out due to lower prices in King and Snohomish counties? Not according to the September home sales figures.Active listings in King County increased by 2,394 homes or 32 percent compared to the

RE/MAX CMN Auction Raises $70,000

2006-10-20T04:43:00.000-07:00

RE/MAX Northwest held it's fourth annual RE/MAX CMN Auction and dinner on Friday, October 13, 2006 at the Inglewood Golf Club.Matt and Caleb were in attendance. We had a sold out crowd of 220 agents, lenders, title people and clients. We grossed over $70,000! When you think of 220 people, most of them couples, as my auctioneer put it "there were about 100 wallets there to spend money for

Time To Pick Pumpkins

2006-10-14T03:15:00.000-07:00

It's that time of year again...time for picking pumpkins and getting lost in corn mazes. You can have fun doing this with your kids at the following locations:Biringer Farm: Pumpkin Country, children's activities, hay maze and corn maze. 10 a.m.-6 p.m., through Oct. 31, 4625 40th Place N.E., Everett. Cost: $7 for Pumpkin Country or the corn maze, or $12 for both. Scary Nights in the Cornfield, 7

A Washington Realtor's® Job

2006-10-05T12:24:00.000-07:00

Many of you think that when we find your dream property, write an offer and get it accepted, our job is done. Far from that point...our job is just beginning. Read on...

King & Snohomish County Market Report

2006-09-30T07:38:00.000-07:00

Housing prices are expected to continue to have a limited fall throughout 2006, according to testimony submitted by the National Association of Realtors® at last week's Senate Banking Committee hearing on the economy. August home sales in King and Snohomish counties are defying this forecast, however. The statistics show a decreasing number of sales, but rising prices. Take a look at the

Home Energy Saver

2006-09-22T11:49:00.000-07:00

Now that the first day of Fall is upon us, we will be experiencing cooler temperatures and higher energy bills. I found a great website about dedicated to helping you save energy in your home.The site, Home Energy Saver, is designed to help consumers identify the best ways to save energy in their homes, and find the resources to make the savings happen. You can calculate how much energy and money

Identity Theft

2006-09-15T05:33:00.000-07:00

Identity theft is a serious crime impacting more than 10 million victims each year. Often, consumers first learn they are identity theft victims when they are in the process of buying or renting a home. The National Association of Realtors is working with the Federal Trade Commission to educate comsumers to minimize the risk of identity theft. This new initiative, Deter-Detect-Defend is focused

Condominium For Sale In Marysville, WA

2006-09-07T12:31:00.000-07:00

6309 53rd Ave. NE, Marysville, WA 98270Take advantage of the conversion from duplex to condominium of this 3 bedroom, 2.5 bath home. Condo consists of 2 units on an oversized lot. Additional features include a cozy gas fireplace, patio and private yard. the master bedroom closet is the size of a small room. This home was built in 2002 and is in mint condition.The kitchen is light and

Freddie Mac Reports Lower Interest Rates

2006-09-01T07:40:00.000-07:00

Lower Interest Rates for King County and Snohomish County."Mortgage rates continued to drift lower this week in large part because of the cooling in the housing market and in consumer confidence, thus giving financial markets reason to believe that economic growth will moderate and inflation will remain in check," said Frank Nothaft, Freddie Mac vice president and chief economist. "The 30-year

Home Sales Slump In July

2006-08-24T07:00:00.000-07:00

King And Snohomish County Home Sales Down In July.July home sales in King and Snohomish counties followed the trend across the county for fewer home sales. Active listings in King County increased by 1,432 homes or 20 percent compared to the same time period in 2005. Sales decreased in July by 12 percent or 504 homes. It is interesting that market times have remained virtually unchanged even with

Affordable Housing Study To Take Place

2006-08-17T07:43:00.000-07:00

WA Lawmakers Approve Affordable Housing StudyWashington legislative leaders have approved a study to promote affordable housing in the state. The study was requested by WA Realtors who have referred to a "crisis" in affordable housing. Even middle income families are being squeezed out of homeownership with average sales prices topping $500,000 in some areas.The panel conducting the study will be

Jim Creek Waterfront For Sale

2006-08-14T06:54:00.000-07:00

Fabulous Jim Creek WaterfrontTranquil 7+ acres on Jim Creek in Arlington, WA. Live in the current moblie home while you build your dream home! A 1/4 acre spring-fed pond also graces this land with a resident heron...he flew away as this photo was taken. There is also a possible 2nd building site. -/+ 200 ft. frontage on Jim CreekSome interior remodeling was done in 1996. A 30 x 36 garage/shop

Everett, WA Ranch For Sale

2006-08-14T06:22:00.000-07:00

Lovingly Maintained 3 Bedroom Rambler Reduced $9K - this lovingly maintained 3 bedroom, 1.5 bath rambler is located in desirable View Ridge. You'll enjoy the freshly painted exterior and interior, new carpet in living room, dining room, & hall. New pergo floor in kitchen, new hot water heater. All appliances remain.Don't miss the fabulous fenced yard, mature fruit trees, private, patio and deck,

2006-08-10T09:20:00.000-07:00

Snohomish Pilot Program Saves FarmlandTualco Valley's precious farmland is ripe for developement due to Monroe's rapid growth and it's proximity to King County. Land-rich farmers find it hard to ignore development dollars and many of the yournger generations are not interested in continuing to farm.Snohomish County is looking at a pilot program that would buy the development rights, promote

2006-08-03T15:56:00.000-07:00

Two WolvesOne evening an old Cherokee told his grandson about a battle that goes on inside people. He said, "My son, the battle is between two "wolves" inside us all.One is Evil. It is anger, envy, jealousy, sorrow, regret, greed, arrogance, self-pity, guilt, resentment, inferiority, lies, false pride, superiority, and ego.The other is Good. It is joy, peace, love, hope, serenity, humility,

2006-07-28T03:07:00.000-07:00

Lynnwood City Center Inches ForwardAn upscale hotel-and-condominium complex across the street from the community's convention center is expected to be the first development to rise as part of Lynnwood City Center, a 300-acre district that civic leaders hope will someday resemble downtown Bellevue.The Lynnwood City Council has finally adopted a formal zoning map for City Center, which it plotted

2006-07-20T13:25:00.000-07:00

Summertime!June is always an interesting month in real estate. Closings are high as a result of the busy spring market. But, sales activity slows due to the many celebrations that take place. Starting with Memorial Day and continuing with Father's Day, graduations, end of the school year activities and weddings. We are all just busy in June!June sales statistics for King County are interesting

2006-07-14T02:48:00.000-07:00

Everett Summer FunLooking to enjoy our Everett community - well there's just about something happening every weekend. Don't forget the great farmers market on Marine View Drive, open Sundays 11-4.Visit our great restaurants on the waterfront and sip a cool one on their deck and watch the boats sail by, or go to Lombardi's on Thursday nites to enjoy music on the pier.When downtown visit "The

2006-07-06T09:42:00.000-07:00

Ways to Maintain A Healthy Level Of InsanityI don't know where this originally came from, but it is worh a read!1. At Lunch Time, Sit In Your Parked Car With Sunglasses on and point a Hair Dryer At Passing Cars. See If They Slow Down.2. Page Yourself Over The Intercom. Don't Disguise Your Voice.3. Every Time Someone Asks You To Do Something, Ask If They Want Fries with that.4. Put Your Garbage

2006-06-30T05:12:00.000-07:00

Interest Rate HikedThe Federal Reserve raised a key interest rate yesterday by a quarter percentage point to 5.25%, and signaled that further rate increases would depend on the outlook for inflation and growth.The increase probably won't have much effect on mortgage rates. What will be effected is existing adjustable rate mortgages and home equity lines of credit which are directly tied to the