There is a common misconception that many buyers have regarding the down payment necessary to purchase a home. Multiple studies reveal that 40-50% of Americans believe you need between 15-20% of a down payment to be eligible to purchase a home. This misconception came about as the government just last year debated new guidelines for residential mortgages because of the housing collapse in 2007....
The Gallup organization conducts an annual report entitled the Economy and Personal Finances Poll, which asks Americans to choose the best option for long-term investment. It was no surprise that real estate returned to the top position over other investment categories (gold, stocks/mutual funds, savings accounts/CDs and bonds). Back in 2011, gold was the most popular long-term investment among...
If you are thinking about purchasing a home right now, you are surely getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in real estate. Let’s look at whether or not now is actually a good time for you to buy a home. There are three questions you should ask before purchasing in...
Billionaire money manager John Paulson was interview at the Delivering Alpha Conference presented by CNBC and Institutional Investor. During his session he boldly stated: "I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you're the owner-occupier of.” Who is John Paulson? Paulson is the person who, back in 2005 & 2006, made a...
We happened to find Tony randomly through an open house. We liked his honesty and straight forward manner. He let us contact him. When we did decide to proceed, he came to our house and walked us through what we needed to do for our house. This was a very emotional process for my wife and I and he guided us through the process without being emotionally involved. He followed through, helped us make...
A recent study has concluded that 39% of buyers prefer to rent out their last residence rather than sell it when purchasing their next home. The study cites that many homeowners were able to refinance and “locked in a very low mortgage rate in recent years. That low rate, combined with a strong rental market, means they can charge more in rent than they pay in mortgage each month... so they are...
In real estate there is a difference between COST and PRICE. As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first time or repeat buyer, you must not be concerned about price but instead about the ‘long term cost’ of the home. Let us explain. Recently, we reported that a nationwide panel of over one...
Discover Home Loans conducted an interesting survey that revealed how prepared homebuyers are for the actual mortgage process. The survey reported that 94% of prospective buyers believe they are making a good investment decision if they buy a home. The survey also explained that 66% of buyers reach out to real estate agents to help determine whether buying a certain home would be a good...
KIRKLAND, Washington (Oct. 6, 2014) – Pending sales of homes around Western Washington surged more than 13 percent in September compared to a year ago, and listing activity picked up slightly, fueling both broker optimism and words of advice for sellers. Along with increases in the number of mutually accepted offers, the latest report from Northwest Multiple Listing Service shows year-over-year...
Here are the latest market charts from the MLS. Click on each image below for a larger version. Active Listings vs. Sold Listings Number of Pending Listings Median Sales Price For more information our the Seattle and Eastside Real Estate Market contact Tony Meier...
Our family has just completed a highly successful sale of my parent's house under Tony Meier's expert guidance. I called him on a tight schedule in the middle of a complicated situation. He responded immediately with great competence and compassion. Tony went out of his way to meet the many deadlines and needs dictated by the health and welfare of my parents. He jumped right into the listing and provided...
Tony did a great job helping us sell our home. He is very knowledgeable about current market conditions and expertly guided us through the sales process. Tony helped us set a price, he helped us with presentation suggestions and he helped us with many other details of the sales process. He put together a very nice walk-through video and a very professional flyer. Tony’s best quality is his...
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