News & Events

Seattle Eastside Expensive!

Business Weeks Top 50 Most Expensive Small Towns in America.

Among them: Hunts Point #3, Medina #36, Yarrow Point #38 and Clyde Hill #47


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"Denial ain't just a river in Egypt" ~ Continued
Back on 10/31/08 Zillow came out with their "Homeowner Confidence"report. At that time many homeowners believed they had hit bottom. What are home owners thinking now?
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Is Smaller Better?
Goodbye, McMansion. Hello, Bungalow!
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$8,000 Tax Credit
Frequently Asked Questions about the new $8,000 first time home buyers credit
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Pending Home Sales Down but Housing Affordability at Record
NAR’s Housing Affordability Index rose 13.6 percentage points in January to 166.8, a new record high.
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Fannie Mae condo guideline changes
The climate is changing dramatically for those looking to purchase a condo in new condo developments!
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Existing-Home Sales Show Surprising Gain

Existing-home sales rose unexpectedly while inventory declined, led by a surge of sales in the West, according to the National Association of Realtors®.


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Pending Home Sales
Pending Home Sales Down on Tight Credit and Economic Slowdown!
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"Denial ain't just a river in Egypt"

Nearly half of US households believe their home values have not decreased over the last year!


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And the Survey says...
Survey shows Buyers and Sellers use technology and want personal, professional service.
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Postive real estate news?
What the Housing & Economic Recovey Act of 2008 means to you!
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The Bellevue Skyline is Changing!
New high-rise condo projects are moving towards completion.
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Time to buy? Yes!
Many areas around the country are starting to see a recovery.
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Have we finally hit bottom?
Numbers are mixed across the nation but the Northwest continues to avoid the large slump that many areas have experienced.
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Housing inventory continues to swell in February

Newly released February home sales numbers reinforce the prevailing sense that the Puget Sound area is solidly a buyer's market.


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NAR: Existing-Home Sales Inch Up in November
Existing-home sales rose slightly in November, indicating a stabilization in housing in the wake of mortgage disruptions earlier this year, according to the National Association of REALTORS®.

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Real estate 2008
What cities are hot, what cities are not and what to expect in 2008.
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Countrywide to Modify $16B in Loans

Countrywide Launches Program to Refinance or Modify Mortgages


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Seattle home values hottest in U.S.
Prices up 6.9 percent over last year
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Existing-Home Sales Stabilize in July
Existing-home sales were essentially unchanged in July, with increases in the West and Northeast offset by a decline in the Midwest, according to the NATIONAL ASSOCIATION OF REALTORS®.

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Financial Markets
What the Credit Crunch
May Mean for You

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Rates drift lower
Long term rates drift lower for the third consecutive week.
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Market Continues Trend
Expanding Inventory, Fewer Sales and Rising Prices!
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Overvalued homes decline in 4th Quarter

Real estate analyst Global Insight stated that overvalued single family homes declined to 16% from 17% from the previous quarter.


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Economic Focus
A growing number of economists and industry watchers are predicting a housing recovery in 2007. The Los Angeles Times recently published its housing forecast and while it focuses on California, the markets in the West have frequently led national trends.
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Open Houses


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Brad Golik
John L. Scott
5800 Meadows Rd. #100
Lake Oswego, OR .  USA
golikgroup.com

Ph:
425-698-7771
Fax: 425-688-3636
bradgo@johnlscott.com
 


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