Edgewood, WA Real Estate Blog

Mortgage rates continue to trend upward today after a stronger than expected Retail Sales Report.  Tomorrow we have the CPI (Consumer Price Index) which is report that indicates inflation and has a high impact on mortgage interest rates.   Inflation is the “arch enemy” to bonds and mortgage interest rates are based on mortgage backed securities [...]

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The numbers are interesting this month. As you would expect for this time of year, the number of listings is increasing for both King and Pierce Counties. Yet the number of absolute sales is decreasing. Buyers are holding back. Interestingly days on market for King county are drifting downward while they [...]

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This morning I read a post (Reading Redux) at Credit Slips regarding a familiar lament about not reading all documents at closing. It’s a subject I’ve visited before.
Lenders are notorious for getting document to escrow late or, at the very least, at the very last possible moment. Obviously it helps to select a trustworthy [...]

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Due to the (marginal) increase in the risk of bank failures given the current credit mess (we’ve now had 4 bank failures so far this year), I included an article in my April Newsletter concerning FDIC insurance limits and making sure you’re adequately covered. Although the risks are small, it costs nothing to do [...]

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We’re at month’s end and after reviewing May’s Edgewood statistics I’ve moved on to home sales in Milton. It’s always much more interesting to look at activity by price range by single area as opposed to overall stats for multiple area groupings the MLS publishes if you want the nitty-gritty on a specific area. [...]

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Since this is my first post at Edgewood Blog, I thought I should take this opportunity to review how I price the mortgage interest rates that are posted here.  Here are the factors (all which impact rates) that I use for the purpose providing readers an understanding of what direction mortgage interest rates are going.   [...]

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Morris, Edmund (1864) Ten Acres Enough: The Classic 1864 Guide to Independent Farming. ISBN 0-486-437-X
I found a reference to this book as I was searching on-line for information about heirloom seeds. I was intrigued because of the publishing date.
The book is about a man telling his story of leaving the big city to become [...]

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