Real Estate

Making Room in Your Rooms The more things you have, the more you have to take care of.  And in this case, the more that you have to store that gets in the way of finding the things that you actually use. Periodically, you need to go through every closet, drawer, cabinet and storage area […]

Here is a simple chart that explains why we think buying a home makes more sense than renting one.  This chart represents national monthly rental rates; currently, the average rental rate near downtown Seattle is $1500/month for a one bedroom apartment. A mortgage payment on a $250,000 home or condominium would be about the same […]

It is projected that if the Fed continues to cut back on bond purchases that long term mortgage rates would start to climb. Many experts felt that Janet Yellen, who replaced Ben Bernanke as Fed Chair, was going to be less inclined to continue tapering bond purchases at the level established. However, in her testimony in front […]

Last week, Fannie Mae released their January 2014 National Housing Survey results.  Two categories reported all-time survey highs. 52% of respondents thought it would be easy for them to get a home mortgage today 70% of respondents said they would buy if they were going to move Doug Duncan, senior vice president and chief economist at Fannie Mae explained […]