This terrific new 2 story home sits quietly in Wallingford w/ Lake Union views. A superb floor plan w/ large entry, white oak floors, great room w/ fireplace, separate family room & 4 beds/2 baths on the 2nd level. Entertain in the massive kitchen, 35 SF island, beautiful gas range & adjacent dining area. The master suite features a 5 piece bath, deck & Lake Views from both! Space needle views from the SW bedroom, large deck on the main, home warranty, close to Gas Works Park, Fremont and UW.
360 Virtual Walk Through Tour and Floor Plan:
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New View Ridge Condo Listing - HUD Owned!
Terrific Top Floor View Condo in View Ridge - $194,000
1 bed, 1 bath, Deck, Pool, Reserved Parking, 731 SF, HUD owned, $194,000, September 2016.
5818 NE 70th St #A406, Seattle, WA 98115
Overlooking Magnuson Park, lake views, built in 1970, top floor, HUD owned. Equal Housing Opportunity. FHA Case#566-013391.
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This Month in Real Estate Video for September 2016, Prices are d.........
Market Insights: September 2016
Mortgage TypeRate
30-Year Fixed: 3.47%
15-Year Fixed: 2.74%
5/1-year ARM: 2.76%
Historical average: 8.90%
THERE'S OPPORTUNITY IN EVERY MARKET!
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HOME PRICES
The median home price decreased to $244,100 in July, which was down 1.4 percent from June and up 5.3 percent from July of last year. The median home price has increased by nearly $12,300 in the past year alone.
HOME SALES
The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of 5.4 million homes during the month of July. This was a decrease of 3.2 percent from June, and a decrease of 1.6 percent from July of last year.
INVENTORY - MONTH'S SUPPLY
There was a 4.7-month supply of housing inventory in July, which increased slightly from June. The total number of homes for sale decreased by 4.1 percent compared to July of last year
The opinions expressed in This Month in Real Estate are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources. You should not treat any opinion expressed on This Month in Real Estate as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Keller Williams Realty, Inc., does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. All information presented herein is intended and should be used for educational purposes only. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. All investments involve some degree of risk. Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in This Month in Real Estate.
10 Year Trend Graph of Puget Sound Real Estate is telling of Prices/Units now...
The 10 year chart of Median Home Prices in the Puget Sound Northwest MLS shows the median price has topped 2006/2007 values but the units sold are behind the 2006 peak.
This Month in Real Estate for August 2016 - Video
HUD Home For Sale in Shoreline! $360,000 - Huge Lot
Wonderful private home in park-like setting. Kitchen with skylight & French doors to 300 sq ft deck. Wood laminated floors upstairs. 2 bed 1 bath upstairs with living room and dining room space. Bright daylight basement w/9' ceiling and French doors to the back yard, two additional bedrooms and loaded with closets & storage space. Great home for you! Gas heat & H2O. HUD Home. Eligible for FHA 203K. Buyer to verify all info.
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Triplex for Sale - South Seattle - $550,000
A fantastic triplex located on a secluded 34,800 SF lot! Huge 3 bedroom, 2 bath, 2461 SF owners unit above with Mt. Rainier views and a private basement. Large mstr suite with walk in closet & 4 pc bath. Two apartment units on the daylight basement level with a full sized pool. Fenced yard & ample storage in this unique bldg. 3 car garage, 2 carports, large shed & workshop. Low expenses, clean quiet radiant heat. Zoned R24 on 0.79 acre lot. Perfect to owner occupy or invest in a great location!
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West Seattle Sound View Home! $625,000
Fantastic West Seattle View home above Beach Drive for Sale. HUD home. 4 bed, 1.5 bath, 1752 SF, yard, built in 1909, 1 car garage, 4000 SF lot.
3707 59th Ave SW, Seattle, WA 98116 - $625,000
Video - This Month In Real Estate for June 2016
Squak Mountain Home for Sale in Issaquah
$719,950 – 5 bed – 2910 SF inside – 27462 SF lot
Spectacular home on a private street at the end of a cul-de-sac. A private setting w/ wonderful views, deck & patio, tranquil & beautiful landscaping. This updated & well maintained home offers 5 bedrooms, large kitchen, granite counters, oversized island w/ a breakfast bar plus all the bells & whistles you could want. Living, formal dining, family room w/ fireplace & a grand bonus room all on the main floor. Lots of room for easy living. Issaquah schools, minutes to downtown Issaquah & I-90.
Top Floor Issaquah Condo for Sale - $167,000
HUD home. Great top floor, one bedroom condo with deck, large bedroom and fireplace! Large kitchen, move in ready, washer/dryer and all appliances included. Issaquah Parkview condos sits next to a large city park, downtown Issaquah, and the fish hatchery. Tons of guest parking. Cats only. Additional repairs & disclosures attached. Sold as-is. BLB Resources makes no warranty as to condition of property. IN (Insured). Buyer to verify all info. FHA Case 566-071337. FHA loans OK (HUD owned).
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New Phinney Ridge Seattle Listing! $648,500
A Phinney Ridge classic home in cape cod style, remodeled from the studs out in 2008. The large 2287 square foot floor plan flows nicely over the newer oak hardwood floors through the oversize living room, the bright dining room, and into the updated kitchen. Inside you will find a delightful custom eating nook with 19th century church pews, rich cherrywood cabinets, 3 large bedrooms, a den, and another big living room in the lower level with a cozy fireplace. In addition, there is a new 2 car garage with attic storage! Established perennials, nice sunny south facing fenced yard.
Open Sunday April 24th from 1-4pm. 549 N 77th St, Seattle, WA 98103
The Status of Bank Owned Homes and Short Sales in Seattle as of April 5th, 2016
Seattle, WA - 4/5/2016. As spring approaches, home sales start to sizzle. According to the Northwest Multiple Listing Service (NWMLS), 4497 homes and condos sold in the city of Seattle in the six month period October 4th, 2015 and April 4th, 2016. During that period, only 2.6% of homes were bank owned and only 1.3% were short sales. Zillow states the value of homes in Seattle has increased from $361,000 in Jan 2012 to $532,000 in Jan 2016, representing a 47% increase in the prior 4 years.
In the entire King County area, Bank Owned Homes (REO, Real Estate Owned) account for 3.6% of the sales and short sales are 2.4%. King County embodies Seattle, Bellevue, Shoreline, Kirkland, Redmond, Issaquah, North Bend, Snoqualmie, Newcastle, Renton, Kent, Burien, West Seattle, Snoqualmie, Carnation, Fall City, Maple Valley, Federal Way, and Bothell.
This Month in Real Estate Video March 2016
Meet the Asset Manager for HUD homes! Seattle, WA 3/21/16 10-Noon
Don't miss out on this great insightful FREE HUD Home Updates and NEW Marketing training event presented by Washington's HUD Asset Manager - Outreach & Marketing Director Ray Warda with BLB Resources, Inc. Make sure to bring an open mind and willingness to educate yourself and take action. This workshop will discuss the following topics:
- HUD Homes - Updates
- NAID Registration Notice
- GNND Reminder
- Mortgagee Letter 2015-17 - Update
- IE Repair Escrow Notice
- Utility Activation Notice
- HUD's As-Is Policy - Reminder
- Other Important Reminders
- Most Common Sales Contract Errors - Update
- HUD Advertising Guidelines
- Digital Marketing Strategies for Lead Generation
Please don't forget to RSVP. Don't keep this event a secret...Share it with your Real Estate Associates and Professionals!
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Keller Wiliams Realty Outpaces the Market!
Keller Williams Realty in the Puget Sound has increased it's market share year over year 11.5% outpacing other companies.
December 2015 Video - This Month in Real Estate
New, higher FHA Loan Limits in King County & Seattle, WA
12-9-2015, FHA has raised its loan limits from $517,500 to $540,500 in King County which covers cities like Seattle, Bellevue, Issaquah, Renton, Kirkland and Bothell. Current FHA loan rates for a 30 year fixed mortgage hover around 4% depending on your credit score and points paid. FHA loans cover from a single family home, condominium, townhome, duplex, tri-plex, and a four plex for owner occupant buyers.
In addition, buyers may also choose a rehab or construction loan under the FHA 203k rehab loan. With an FHA 203k rehab loan, buyers can purchase a home, submit repair and improvement items such as a kitchen remodel, new roof, new carpets, etc, up to the FHA loan limits as long as the home will appraise at the improved value. The buyer then closes on the home and completes the improvements after closing. Since most people spend all their money on a down payment (3.5% for FHA loans), buyer typically don't have $30,000 extra to improve their home after closing. Therefore, an FHA 203k loan can be a great conduit to build instant equity and enjoy your new home! Moreover, 4% amortized over 30 years is much better than putting your improvements on a credit card!
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