Tag: headlines 2014


3% Down, High Rents & The Sandwich Returns

Today Freddie Mac launched Home Possible AdvantageSM, a new affordable mortgage with a down payment option as low as 3%. Here are the answers to your top questions: “Who is this mortgage for?”  “What do I need to qualify for it?”  “Can I use gift funds as my down payment?” 3% Down: Your Top Questions…


Prices Up, Consumers Upbeat & Dropbox Drops Into Seattle

Consumers think 2015 will be a better year than 2014, especially for selling a home. But the recovery will slow as the rebound effect fades before fundamentals become strong. Key markets to watch are in the Northeast, South, and West. Housing In 2015: Consumers Upbeat, But Recovery Faces A Tricky Handoff – Forbes The U.S. economy,…


MLS Market Update: December 2014

KIRKLAND, Washington (Dec. 4, 2014) – Buyer interest remains high and many good values exist for those whose holiday wish list includes a new home, according to brokers with Northwest Multiple Listing Service. A new report from the MLS summarizing November activity shows year-over-year gains in pending sales, closed sales and median prices. The report…

seattle in progress

Expensive Places, Choosy Buyers & Seattle Progress

Seattle in Progress is a mobile web app for seeing what’s being built in Seattle. Think of it as a modern alternative to the “notice of proposed land use” boards currently posted at construction sites. These signs, often covered in graffiti, offer minimal information about the development and no easy way to learn more, voice…


Mortage Fraud, Tax Limbo, Apple Comes To Ballard & Low Low Rates

There are unconfirmed reports that Apple has opened a temporary office in Ballard in a Regus facility, 1455 N.W. Leary Way. News site GeekWire reported that Apple is operating in Ballard. Apple takes a bite out of Ballard. What’s next? – PSBJ Mortgage-debt relief twists in tax limbo – Seattle Times Average US 30-year loan…


So Long QE3, Salt Signals More Condo Construction & ‘Coming Soon’ Expands

Fed ends QE3 and sends upbeat signals on economy – Market Watch Fed Stimulus Over: What About Interest Rates? – Nation Association of Realtors The Federal Reserve has ended its bond-purchasing program, known as “quantitative easing,” saying it is confident in the economic recovery. Since 2008, the Fed has been purchasing mortgages and Treasurys that…


Alibaba, SLU & Better Mornings Ahead

Chinese e-commerce giant Alibaba may have quietly opened an office in downtown Seattle, in competitor Amazon’s own backyard.  And other headlines: Alibaba ramps up recruiting for Seattle office – PSBJ Market turmoil: A gift for mortgage refinancers? – AP Three big new words in Seattle real estate: ‘South Lake Union’ – Seattle PI Redfin buys…


Tight Spaces, Descendants, Forget Foreclosures & Oops Wrong Lot

Foreclosure Niche Is a Vanishing Business – NAR First-ever affordable housing tax gets nod from Seattle council – PSBJ Developer promises new condos in downtown Seattle – PSBJ Scrunched in Seattle – Politico Average US 30-year mortgage rate at 3.97 percent – AP Fannie, Freddie to Loosen Up on Lending – NAR In Ocean Hammock,…

danny belmont 2

Development tax in Seattle, micro-housing & a walk around Green Lake

A few links from today’s office meeting topics… ‘Serious concerns’ raised about plan to tax Seattle developers for affordable housing – PSBJ Seattle council approves micro-housing rules – KING 5 Belmont Court condo showcases the powers of good staging – Curbed Green Lake Pathway of Lights – December 13th!