Archive for October, 2009

Oct
26

FHA Condo Reprieve

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Architectrual Sketch

Good news for all you FHA devotees A brief reprieve for another month:

  • FHA has once again postponed the modifications to the approval process for condominium projects. 
  • The effective date of those changes will be for case numbers assigned on or after December 7, 2009 (instead of November 2, 2009). 
  • A new Mortgagee Letter is expected in the next couple of weeks detailing further modifications to the condominium process.

 

Thanks for considering our blog.

 

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Fall Items

Do you welcome the coming of Autumn?  Do you like the seasonal shift?  Do boots, scarves, kicking leaves on the sidewalk and seeing your breath on the morning air please you?  

Here comes fog, football, fall fashions and fantastic leaves.  Is your heart open to this?

Yes, winter is optional.  You can live in the tropics.  Would you really want one season?

Here’s to all those who enjoy Fall.  God bless you.

 

Thanks for reading our blog.

Oct
22

Seattle - Good Bet Housing Recovery

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Seattle Predicted to Recover Faster from Housing Slump … CNNMoney.com

 

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“Home prices had a softer landing in Seattle, dropping just 15.2% over the past three years, about half the national average…

“Job market has held up better than average, with a current unemployment rate of 8.8% …

“After another modest price decline of 2.3% in the next eight months, the Seattle market should begin to turn up …

“Seattle should see a gain of 6.2%. Averaged out, that means a 3.8% gain over the next two years.”

 

Thanks for considering our blog and thanks to CNNMoney.com

 

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Oct
21

Trout Art and Commentary

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Let’s hear it for artist Deanna Camp.  She lives in Spokane.  She has many of these witty and beautiful “trout” images.  Check her web site: http://www.hybrid-arts.com/ 

 

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Reach Deanna also, at:

Email: Deanna@elusivetrout.com

Blog: http://Deannacamp.wordpress.com

 

Good, creative work.  Nice gift for client when closing a transaction.

 

Thanks for considering our blog.

Oct
20

Something Wrong with the Numbers?

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  • In 2006, the world-wide pornography industry’s estimated revenue was $97 billion (up from $57 billion in 2005).
  • Porn industry revenues are larger than those of the top technological  companies combined - Microsoft, Google, Amazon, eBay, Yahoo, Apple, Netflix, and Earthlink.
  • There are 420 million pornographic web pages, 89% of which are U.S.-based.
  • One estimate puts the number of churchgoing men who are porn users at 50%.
  • Is there something wrong in these numbers?

 

Attribution: facts found in Pornography: What’s the Problem by Mark Houck. 

 

Thanks for considering our blog.

Oct
19

Data Use Policy, AVMs & Blogging

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6km_20080804080333_00001 Bright Ideas from the Northwest Multiple Listing Service

 

The recent revisions to the Data Use Policy of the Northwest Multiple Listing Service (NWMLS) allow Members and Subscribers to display more NWMLS data on their public websites than ever before. 

NWMLS Members and Subscribers may now display fields such as CDOM (cumulative days on market), original list price, price history, list date, pending date, virtual media links, third party approval required, and many other additional fields. 

The revisions also, for the first time, allow Members and Subscribers to host blogs regarding specific listings if the seller elects to allow blogging.

An AVM estimates the fair market value of the property.  If the seller elects to allow Members and Subscribers to display AVMs on the seller’s listing, then Members and Subscribers may include AVMs with the public display of the seller’s listing.

If the seller elects to allow blogging on the seller’s listing, Members and Subscribers may display a blog that allows commentary from the Member, other Members, Subscribers, and the public. 

Client Choices: 

Should my seller allow AVM?

It depends and is case specific to the seller, the property, the list price, and the AVM. 

Should my seller allow blogging?

There is a general consensus that blogging comments about a specific property will tend to be negative.  Therefore, most sellers will choose to opt out of blogging.  Again, it depends and is case specific to the seller and the property. 

 

Thanks for reading our blog.  Much appreciated.

 

Oct
15

Real Estate Terms Demystified

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Oct
13

Reaching for Tech. - Coherent?

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doctored up a bit

 

Thanks for considering our blog.

Oct
12

Snohomish County Market

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For residences (excluding condos) in Snohomish County: Prices stabilizing; through July, pending sales up over last year; inventory coming down.

 

Thanks for reading the blog.

 

Oct
09

Seattle Times & NWMLS Present Data

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Residential activity looks healthier: closed sales are up over last year.  Median prices may be stabilizing.

Condos, see below, are not doing quite as well.

 

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Thanks very much to the Northwest Multiple Listing Service and the Seattle Times (October 6, 2009) for the information and formatting.

 

And thanks for reading our blog.