J. Lennox Scott in March (original post deleted, screenshot here): …if interest rates increase by one-half point from the current rate, as has been predicted by many economists, a buyer with a loan amount of $200,000 will lose approximately $11,000 in purchasing power. … The interest rate differential can be applied to all buyers in…
Tag: JohnLScott
Reporting Roundup: Bye Bye Tax Credit Edition
Time 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. Here’s a link to this month’s NWMLS press release (although it still isn’t live yet, it should appear here): Brokers cite tax credit and rising consumer confidence…
Reporting Roundup: Pending Tax Credit Expiration Edition
Time for the monthly reporting roundup, where I read all the local paper rehashes of the NWMLS press release so you don’t have to. Here’s a link to this month’s NWMLS press release (although it still isn’t live yet, it should appear here): Northwest MLS brokers report 51% jump in pending sales Home sales around…
Reporting Roundup: Talking Points Edition
Time for the monthly reporting roundup, where I read all the local paper rehashes of the NWMLS press release so you don’t have to. Here’s a link to this month’s NWMLS press release: Northwest MLS brokers say housing market in Washington State indicates recovery Northwest Multiple Listing Service members reported strong gains in home sales…
Reporting Roundup: Mixed Messages Around the Sound
Time for the monthly reporting roundup, where I read all the local paper rehashes of the NWMLS press release so you don’t have to. Here’s a link to this month’s NWMLS press release: Northwest MLS members report 28 percent increase in pending sales from year ago “More certainty” and “more stability” in the market contributed…