local real estate news, statistics, and commentary without the sales spin.
News, current events, etc.
I received tips from two different people in the last few days about a recent change in FHA underwriting standards announced in a letter titled “Back to Work – Extenuating Circumstances” Quoting from the letter: As a result of the recent recession many borrowers who experienced unemployment or other severe reductions in income, were unable…
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Home sales,…
July market stats were published by the NWMLS this morning. Here’s a snippet from their press release: Home sales, prices still rising in Western Washington despite lean inventory and increasing mortgage rates. Rising interest rates, rising prices and rising consumer confidence are creating a “positive cyclone of home sales activity,” according to members of the…
A few weeks ago I spoke with Ross Reynolds on KUOW about finding cheap rentals in the Seattle area. You can listen to the 17-minute segment on their site. Here are a few of the tips I shared for finding a cheap rental in the Seattle area, and some relevant links to previous posts on…
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Northwest MLS…