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, which may be…
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 nationwide mortgage rate was around 4.5%. Today, it’s nearly one percent lower at around 3.5%. With…
Today’s consumers face a challenging mortgage environment as compared to the environment 5 years ago. There are several reasons for this. Today’s minimum FICO score requirements are higher by up to 100 points and mortgage applicants also face more income…
Whether you're buying your first home in the state of Washington, considering a second mortgage, refinancing your current loan, or thinking about a reverse mortgage the loan process can be complicated. Follow along with us as we help simplify the…
Yes you read that correctly – since this time in 2011, Seattle real estate market forecasts show a drop of almost 40 percent in the number of houses available on the market. According to housing data compiled by Realtor.com, of…
Washington residents have many reasons to be proud of their state from its natural splendor to its unique northwestern culture and it looks as if citizens have gotten more serious about purchasing a home here. Home Mortgage – Washington Credit…