Quorum-Laurelhurst Real Estate Blog

2010
Tax Credit & Realtor Open House Weekend

 

 

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Are you still thinking of taking advantage of the market and buying that house? Want the lowest interest rates in 30 years? Want the lowest prices in 5 years? Want to scoop up some of that Economic Stimulus Money?

Remember, you must have a signed offer on that house by April 30th if you want the $8,000 First Time Homebuyer check or the $6,500 Repeat Homebuyer Check! Take a look at this cute video... it gives you the basics of the program. And if you are going to have a signed offer on that house by April 30, 2010, you should find that house THIS WEEKEND!

And what a weekend! More than 5,000 open houses will be available to you this Saturday and Sunday as REALTORS® all over Washington are participating in the National Open House Weekend, just so you can find that house and take advantage of these federal stimulus programs.

Call our office.
Get on your walking shoes and go see some open houses!


More real estate videos at WAHomeowners.com

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Posted Apr 8, 2010 from category 2010
Freddie Mac Records Gains in the Pacific Division
Conventional Mortgage Home Price Index Q4 2009
Freddie Mac announced that it's Conventional Mortgage Home Price Index; which tracks resales of homes with mortgages owned or guaranteed by Freddie Mac or Fannie Mae; registered a .4 percent decline from 4th quarter 2008 to 4th quarter 2009. 

Out of the the 9 regions 4 of them saw gains.  The regions that saw year - over- year gains were the Pacific Division (Washington, Oregon, Hawaii, California and Alaska) with a 1.6% gain; the East South Division (Alabama, Kentucky,  Mississippi and Tennessee) with a .8% gain; the West South Central Division (Arkansas, Louisiana, Oklahoma and Texas) with a 1.5% gain; and the West North Central Division (Iowa, Kansas, Minnesota, Missouri, North Dakota, Nebraska and South Dakota) with a 1.1% gain.

For the full report please go to www.freddiemac.com/news/archives/rates/2010/4qhpi09.html

Posted Mar 3, 2010 from category 2010
Bill the Butcher
Laurelhurst's new butcher
I was so excited when I heard there was a new butcher in Laurelhurst.  I had to go check it out today.  So I walked across the street and said hi to the very friendly people at Bill the Butcher. 

I love the location - very convenient.  I love that they carry organic, grass - fed meat.  Love that they want to bring back the local butcher.   I loved the people.  And the pastrami I ordered today was delicious.  Bill the Butcher is not as big as A&J meats in Queen Anne, but I am rooting for them and glad to see them in the neighborhood.

Posted Mar 2, 2010 from category 2010
Should I Buy That Fixer Upper Video
Great video from This Old House
I love this show and watch it all the time.  I found this great video on whether you should buy that Fixer Upper


http://www.thisoldhouse.com/toh/video/0,,20281031,00.html


Posted Feb 1, 2010 from category 2010
2010 Update

Happy New Year!
A  year ago I began my end of the year email as “What a year this has been”; well, it’s been another event filled year. The Seattle market continued the decline that began in the spring of 2008.  As a basic rule of thumb, prices are currently at 2005/early 2006 levels depending on location, finish and curb appeal.
The first time homebuyer tax credit definitely helped the market in 2009.  This tax credit increased the number of new home buyers on the market and helped bring the number of homes on the market down.  Now the tax credit has been extended and expanded to even more people.  In addition to new homebuyers, many current homeowners are now eligible for a tax credit. 
Low interest rates were also a benefit to the market.  Interest rates are now the lowest seen in years.  Currently  rates can be found somewhere around mid 4%+ for a 30 year fixed and should continue to benefit the market.  Rates are predicted to be low through at least September 2010. 
We just passed the 1st anniversary of our ownership of Quorum – Laurelhurst, Inc. , and it was a
 wonderful year.  I was prepared for a very bumpy year with the current market conditions, but our office of great agents pulled off a spectacular year.  Our office closed more consecutive transactions at the peak of the summer than it has consecutively closed in 18 years.   We have had lots of in-house changes to help support the agents, we had a new website developed, new printer, new computers, new commission structure, implemented a server and we are in the middle of an office remodeling project.  There is so much to look forward to in 2010 with such a great start in 2009.
I am excited about the possibilities and adventures that are headed our way for 2010.   If I can be of assistance with any of your real estate needs, please don’t hesitate to contact me or drop in and see our changes. 
Thank you again for all that you have given to me in both friendships and in my career.   I wish all of you a fabulous and successful New Year. 
 
Jenn

Posted Jan 1, 2010 from category 2010