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Wednesday, July 28. 2010
 Attractive single story condominium located in the Sequoyah complex with views of the swimming pool in Edmonds. This 1 bedroom, 1 bath, 733 sqft. condo has been fully remodeled in 2007 with granite counter tops, tile backsplash, hardwood flooring, trim/door package, and much more. Washer and dryer are in the unit, private covered parking, and your own private storage space are all included. The Sequoyah offers an outdoor pool, club house, elevators, private lobby entrance, and exercise room. Call Joshua Koffler for more information or to schedule your own private showing!!
 Two homes with a cumulative square footage of 1736 that includes 3 bdrms, 2.5 baths located on private 8.4 acre lot with a large detached carport. First unit- 1 bdrm, 1 full bath rambler that boast 896 square feet built in 1995 with a dining room, living room, open kitchen, and utility room. Second is a 1972 single wide manufactured home with 840sqft, 2 bdrms, 1.5 baths. Your lot features mountain views, gated driveway, 3+ acres of lawn/open space, creek frontage, Whitehorse trail, and more. For more information or to schedule your own private showing call Joshua Koffler at 425-876-8112!
Friday, July 9. 2010
How will a short sale affect my credit? How will a short sale affect my ability to buy another home? These are common questions with seller's these days and here are some answers- Currently with conventional financing you will have a waiting periods- 2 years is allowed with 80% loan to value ratios. 4 years is allowed with 90% loan to value ratios. 7 years is allowed with Ratios per the Eligibility Matrix. For more information or questions on the affect of a short sale call- Earl Schmidt- 425-330-9021 or email Earl at earls@networkhomeloans.com
Monday, July 5. 2010
 Recreational property with over 90' feet of waterfront bordering Canyon Creek in Granite Falls. Your lot is level and lightly treed. Power in the street, paved access, buyer to verify all information and determine if buildable.
Friday, July 2. 2010
| Residential Status | June | May | April | March | | Sold | 702 | 617 | 635 | 572 | | Pending | 818* | 1,096 | 1,201 | 1,100 | | Active | 4,616 | 4,254 | 4,158 | 4,220 |
This information is courtesy of the NWMLS. This does not include condos.*300 went pending in the month of June As predicted from previous updates we did see a increase in solds for June due to the tax credit original deadline (which has now been extended to September 30th) and a large drop in pending's. Why a large drop in pending's? We used tomorrow's buyers yesterday! There were no significant changes in the percentage of "distressed" properties. Distressed properties still account for over 25% of the sold, pendings and active listings. Vacant land - currently in Snohomish County we have 947 active vacant land listings. From January 1-June 30, 2010, the NWMLS recorded only 84 vacant land listings sold. Current interest rates are hovering around 5.15% with all indications leading to a rate increase in the near future.
Thursday, July 1. 2010
From CMLA: After a close brush with the deadline, Congress has passed an extension of the Homebuyer Tax Credit closing deadline, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place as of April 30, 2010 that have not yet closed. The legislation is designed to create a seamless extension the new closing deadline for eligible transactions is now September 30, 2010. There is will be no gap between June 30 and the date the President signs the bill into law. CML America worked closely with Congressional leaders on both sides of the aisle to enact this important legislation. Extending the Tax Credit Closing deadline will help provide additional stability to the housing market across the nation. Additionally, the United States Senate has passed the National Flood Insurance Program Extension Act of 2010 (H.R. 5569) an extension of the National Flood Insurance Program until September 30, 2010. This will allow transactions to move forward. The bill is retroactive and covers the lapse period from June 1, 2010 to the date of enactment of the extension.
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