Three Reasons Why This Is Not a Housing Crisis

In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one of the many ways we can confidently evaluate any […]

How Your Tax Refund Can Move You Toward Homeownership This Year

According to programs from the Federal Housing Authority, Freddie Mac, and Fannie Mae, many first-time buyers can purchase a home with as little as 3% down. Truth be told, a 20% down payment is not always required to buy a home, even though that’s a common misconception about homebuying. Veterans Affairs Loans allow many veterans […]

Entry-Level Homeowners Are in the Driver’s Seat

One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020. Why is this good news for the homeowners? When prices appreciate, homeowners gain equity. In addition, […]

Metropolist Magazine Volume 1 | Issue 1

Get Your Guide to the Hottest Real Estate Market in the Nation Seattle’s real estate market, both residential and commercial, has been cooking for a few years, making it tough for people who want to enter the market, or even move within it. That’s where the 1st-ever Metropolist Magazine jumps in to inform. Our 1st magazine is […]

0% Down financing a thing of the past you say?

It’s all well and good for buyers that rates are still crazy low and prices have not yet started to climb.  But what if you don’t have any money for a down payment?  Everyone knows there aren’t any zero down mortgage programs anymore.  And the low down payment mortgages have super expensive mortgage insurance tacked […]

Rates vs Price

Many buyers are considering whether to buy a home NOW or wait to see if prices come down a bit more.  We wanted to clarify for our clients the most important variable in this equation: interest rates.  The majority of buyers need financing to purchase their home.  Interest rates are what buyers should be focused […]

Rent vs. Buy

In the market today, we see opportunity for buyers – BIG TIME.  There are so many great homes on the market for buyers to choose from and interest rates continue to hover around 4.25%.  At the same time, we try to temper our enthusiasm about the current market (for buyers) and look at the big […]

2009 Year In Review

A recap of the top stories in 2009: 2009-The year of the first-time home buyer Supported by the tax credit and low interest rates, first-time buyers had an unprecedented showing in 2009 and helped to boost the struggling economy with their aggressive approach to the market.  In the Seattle Metro area, 5950 homes sold in […]

Changes of “interest” in 2010

As a kick off to the new year we thought we would check in with our favorite mortgage broker and friend, Rob McAllister at West Seattle Mortgage.  For a primer on mortgages and how rates effect payment start out by taking a look at this short 3 minute video. Here is what Rob has to […]

Windermere’s New Bridge Loan

Opportunities for “move up” buyers are plentiful in the current market. Unfortunately, many homeowners aren’t able to capitalize because it has become harder to access home equity for down payments. Windermere is attempting to address this issue by offering its own stimulus package~short-term, no interest loans to existing homeowners looking to purchase a new home. […]