Federal Reserve announces it will initiate a program to purchase the direct obligations of housing-related government-sponsored enterprises and mortgage-backed securities backed by Fannie Mae, Freddie Mac, and Ginnie Mae
The Federal Reserve announced on Tuesday that it will initiate a program to purchase the direct obligations of housing-related government-sponsored enterprises (GSEs)--Fannie Mae, Freddie Mac, and the Federal Home Loan Banks--and mortgage-backed securities (MBS) backed by Fannie Mae, Freddie Mac, and Ginnie Mae. Spreads of rates on GSE debt and on GSE-guaranteed mortgages have widened appreciably of late.
Continue ReadingLeave a CommentSelling Your Home for the Holidays
If you want to sell (or buy) a home, conventional wisdom dictates that you should wait until the holiday season is over. It’s generally assumed that people are too busy shopping for gifts and won’t shop for real estate. However, while home sales usually slow down between November and January, they certainly do not stop!
Continue ReadingLeave a CommentForbes Names Seattle Real Estate Market Most Likely to Rebound
Here is some good news for our Seattle Real Estate Market. Forbes.com listed Seattle the best city to invest in real estate.
Continue ReadingView Comments (2)King County Median Home Price – Now Under $400k
Housing activity for Northwest Multiple Listing Service members was disappointing last month, but not surprising, according to one industry executive. He and other representatives of the Northwest's largest MLS believe the situation is improving.
Continue ReadingLeave a CommentMaple Valley, Issaquah, Renton, by the numbers
Below are three dynamic graphs (automatically updated every week) comparing Maple Valley, Issaquah, and Renton real estate from a macro perspective. If you would like to see three alternative cities compared please email us at info@eastsidebubble.com
Continue ReadingView Comments (1)Real Estate Auction In Bellevue/ Redmond, Washington
Homes for auction in Bellevue and Redmond, Washington? I noticed the first signs I'd ever seen for the auction of residential real estate in the Overlake area of Redmond/Bellevue, just a hop, skip, and a jump from Microsoft. I'd just left a meeting with a client in a nearby neighborhood and
Continue ReadingLeave a CommentWhat Were The Chances Of Selling a Home on Seattle’s Eastside in September, 2008?
The chances of selling a home on the Eastside in September 2008 ranged from a low of 8% to a high of 19%, with an average 12% absorption rate. (The absorption rate is the number of homes for sale in any given month divided by the actual number of homes sold that month.) Numbers will b
Continue ReadingLeave a CommentBellevue, Issaquah, Snoqualmie, real estate by the numbers.
Below are three dynamic graphs (automatically updated every week) comparing Bellevue, Issaquah, and Snoqualmie real estate from a macro perspective. If you would like to see three alternative cities compared please email us at info@eastsidebubble.com
Continue ReadingLeave a CommentTen20 hosting exclusive event for Real Estate Agents
Ten20 is hosting an exclusive event for our local Real Estate Agents and Brokers on November 6, 2008 from 5pm-8pm. We have a wonderful referral program that offers up to $5,000.00 per referral and are excited to share more details with you at our upcoming event.
Continue ReadingLeave a CommentWoodinville Wire – November 2008
WOODINVILLE CITY NEWS Construction Updates: NE 175th Street and 131st Ave NE Intersection Improvements (BNRP SE LEG): During November, the City expects that the following construction activities will occur near this intersection: continue roadway excavation on 132nd Ave., restore the grounds a
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