Edgewood, WA Real Estate Blog

Musings, Resources, and Other Ramblings about real estate and home sales from the Real Estate Broker in Edgewood, Washington

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Entries Tagged as 'Real Estate'

January 2009 Real Estate Statistics for Edgewood, WA and Surrounding Cities

February 9th, 2009 by Lee Mason, The Masters Realty Group LLC ;
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Statistics for January 2009 for Edgewood and surrounding cities have just been updated.
Notwithstanding some of the recent comments of the usual real estate spokespeople, the market price levels continue to deteriorate.  Remember the data is not seasonally adjusted.  Never the less, the trend is pretty easy to discern.
Peak to trough median prices widened in Janary [...]

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Tags: Edgewood · Federal Way · Fife · Milton · NE Tacoma · Real Estate · Statistics

Buying a Home with 5% Down Payment

October 21st, 2008 by Rhonda Porter, The Mortgage Porter ;
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Mortgage rates continue to bounce all over the place during these volatile times in the market.  I thought it might be interesting to share a scenario that I’ve been pricing out this morning instead of just creating a rate sheet.
They are a couple who are looking at buying their first home.  They have saved up enough [...]

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Tags: Real Estate

New statistics for Edgewood, WA and surrounding cities real estate market

October 8th, 2008 by Lee Mason, The Masters Realty Group LLC ;
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Statistics for September 2008 for Edgewood and surrounding cities have just been updated.
Things appear to be changing a bit.  However, keep in mind the data is not seasonally adjusted (although you can see what was happening last year at this time).
Inventory seems to be coming down, at least for King County.  Prices continue to drift [...]

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Tags: Edgewood · Federal Way · Fife · Milton · NE Tacoma · Puyallup · Real Estate · Statistics

Mortgage Rates by Credit Score

August 13th, 2008 by Rhonda Porter, The Mortgage Porter ;
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Conventional mortgage rates are priced by the lowest mid-credit score of the borrowers on the loan application.    On October 1, 2008, Fannie Mae will be implenting another price adjustment for “adverse market conditions” on all loans delivered.  This means that lenders are all ready beginning to price rates factoring in the price adjustments as some [...]

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Tags: Real Estate

Real Estate Statistics for July 2008 for Edgewood and Surrounding Cities

August 11th, 2008 by Lee Mason, The Masters Realty Group LLC ;
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Statistics for July 2008 for Edgewood and surrounding cities have just been updated.
More of the same - median prices drifting downward. Still looking for a trend of increasing sales which would portend a “bottom”. It just isn’t there. Lacking an increase in sales, months of inventory is “stuck” at a high level.
Keep [...]

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Tags: Edgewood · Federal Way · Milton · NE Tacoma · Puyallup · Real Estate · Statistics

May 2008 real estate statistics for Edgewood and surrounding cities

June 10th, 2008 by Lee Mason, The Masters Realty Group LLC ;
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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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Tags: Edgewood · Federal Way · Fife · Milton · NE Tacoma · Real Estate · Statistics · Sumner

Reviewing Closing Documents… again

June 9th, 2008 by Lee Mason, The Masters Realty Group LLC ;
1 Comment

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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Tags: Buyers · Closing · Real Estate

Where’s the Action in Milton Home Sales?

June 3rd, 2008 by Lee Mason, The Masters Realty Group LLC ;
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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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Tags: Milton · RE Marketing · Real Estate · Statistics