February 2009

2009 FHA and Conforming Loan Limits just released!

The U.S. Department of Housing and Urban Development has released new FHA and conforming loan limits based on changes enacted last week as part of the massive economic stimulus bill. Under the legislation, loan limits in high-cost areas are increased to $729,750, the same as last year. They had dropped to $625,500 this year before passage of the legislation. In a Mortgagee Letter released yesterday on the...

Cost vs. Value 2008 – The Kitchen

Thinking of remodeling your home?  In this week’s cost vs. value segment we'll be looking at the kitchen. Remodeling the kitchen can be one of the most dramatic changes made to enhance a home’s value and general appeal. After all, isn't that where most good parties are! Here are the latest numbers for the Seattle area. Minor Kitchen Remodel   Project Description: In a functional but...

Monday’s Market Update – Seattle Area Residential

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor   This week we will be looking at the Residential market absorption rates for the Seattle Area over the last 7 weeks. When looking at these numbers, keep in this in mind: These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you would...

Monday Market Update – Eastside Residential

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor   This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you would...

Monday Market Update – Eastside Residential

Eastside & Seattle Market Absorption Rates By: Tony Meier Eastside & Seattle Realtor   This week we will be looking at the Residential market absorption rates for the Eastside over the last 7 weeks. When looking at these numbers, keep in this in mind: These are an average of the all price ranges in the area. Some price ranges are definitely moving faster than others! If you would like...