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2011 May ยท WAHomeowners.com

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Jaded? Stressed? Jumpy? It might be home seller’s fatigue

Jaded? Stressed? Jumpy? It might be home seller’s fatigue

After languishing one year and one week on the lousiest real-estate market since Fred and Wilma bought their little stone cottage, I am selling my house.

“Congratulations!” people are saying. So why am I not doing cartwheels and popping Champagne as I imagined I would? Could it be because, after months and months of showings and price reductions and raised and crushed hopes, I am selling my house for 33 percent less than I paid for it in 2005? Maybe that’s it!

Read Story…

Home-price index continues to drop, but Seattle prices rise

Home-price index continues to drop, but Seattle prices rise

Home prices in major areas have reached their lowest level since the housing bubble burst in 2006, driven down by foreclosures, a glut of unsold homes and the reluctance or inability of many to buy.

Prices fell from February to March in 18 of the metro areas tracked by the Standard & Poor’s/Case-Shiller 20-city index. And prices in a dozen markets have reached their lowest points since the housing crisis began. Prices in March rose only in the Seattle and Washington, D.C., metro areas.

Read Story on The Seattle Times…

If you like open houses, you’ll love next weekend!

If you like open houses, you’ll love next weekend!

Thousands of homes that are for sale around Washington state, including hundreds in King and Snohomish counties, will be showcased next weekend (June 4 and 5) as part of a nationwide open-house event presented by the National Association of Realtors. The NAR estimates that there will be about triple the usual number of open houses for a typical spring weekend.

Read Story…

Fixed mortgage rates fall to 2011 lows

Fixed mortgage rates fall to 2011 lows

Fixed mortgage rates hit the lowest point of the year for the third straight week.

Freddie Mac said Thursday the average rate on the 30-year loan fell to 4.60 percent from 4.61 percent. That’s the lowest point since mid-December. The average rate on the 15-year fixed mortgage, a popular refinance option, slipped to 3.78 percent from 3.80 percent. That marked the lowest level since late November.

Read Story…

Sellers beware: 8 factors that devalue a good home

Sellers beware: 8 factors that devalue a good home

If you’re considering selling your home, there are a number of factors you should consider regarding the resale value of your property. Some of these issues may devalue your home or scare some potential buyers away entirely, even if your home is an otherwise outstanding property.

Consider these eight factors when listing your home:

Read Story on MSNBC…