Washington and Seattle home builder confidence levels are continuing to rise according to the Housing Market Index. This measure of home builder confidence reported by the National Association of Home Builders has continued to rise for the past few months,…
Home values are on the rise, and so are median prices of home sales. Compared to last year, home prices have increased by an average of 17% for new home construction and 10% for existing homes. As the home market…
Since October of 2011, the average sale price for newly-built homes has risen by 6% nationwide. This trend is expected to continue in Seattle home prices through 2012 and into 2013. More buyers are entering the market due to low…
According to RealtyTrac, there were 1.046 million foreclosure filings throughout the United States between January 2012 and July 2012. This is a 2% increase from the previous six month period. Activities classified as a “foreclosure filing” include bank repossessions, default…
Mortgage rates have recently been on the decline, and as new reports come in, they continue to decrease. About a year ago, the average nation-wide mortgage rate was around 4.5%. Today, it’s nearly one percent lower at around 3.5%. With…