CoreLogic published its monthly National Foreclosure Report with data from June 2014, which indicates that foreclosure inventory is down 35 percent from June last year. Foreclosures fell from 54,000 to 49,000 on a year-over-year basis. The report further indicated that foreclosure inventory in the United States shrank for 17 consecutive months as of June 2014 and fell…
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Is Unemployment Stifling the Housing Market?
The unemployment rate was unchanged in May, staying put at 6.3 percent with 9.8 million Americans unemployed. Unemployment is the lowest it has been since September 2008. However, RealtyTrac's Octavio Nuiry makes the case that there is more to unemployment than percentages, and that a hidden actor is depressing housing market growth—and could cause more problems in the future.…
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5 Things To Know About the Bothell Community
1. Bothell got its start as a logging and farming community It’s true! Bothell was the ideal place to for people to farm and grow agriculture because of its close proximity to the Sammamish River and natural beauty. In 1885 a man named David Bothell bought some land and constructed the Bothell Hotel—how the…
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Top Reasons Why You Should Consider Living in Queen Anne
Recently we had the opportunity to remodel a 4 bedroom single family home in the vibrant Queen Anne neighborhood. With the perfect view of the Sound, Olympics, and golf courses it was impossible to pass up this property. Not only do residents have gorgeous sweeping views of Seattle, Queen Anne is a popular neighborhood to…
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4 Ways to Use Social Media to Be Happy in Your Home Today:
4 Ways to Use Social Media to Enjoy Your Home Today: Hard to believe…but there are 340 different social media platforms available which sometimes seems almost impossible to keep up with. With over 72% of men in the U.S. active on Facebook and 80% of women it’s easy to see how much social media use…
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Neighborhood Spotlight : Ballard
Ballard is a Seattle neighborhood that is known for it’s rich history and historic landmarks, but don’t let it’s old charm fool you—it is also one of Seattle’s most hip neighborhoods, and you’ll see why! Located in the northwestern part of Seattle, Washington, Ballard is home to the world famous Hiram M. Chittenden Locks (known…
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Fixed Rates Skyrocket in Response to Fed Remarks – Largest Weekly Increase in 27 Years
Mortgage rates shot up in the last week following remarks from the Federal Reserve that it may be tapering its bond purchases later this year. According to Freddie Mac’s Primary Mortgage Market Survey, the average 30-year fixed-rate mortgage (FRM) rose to 4.46% (0.8 point) for the week ending June 27, an increase from only 3.93% last week…
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Foreclosures May Be Back On An Upswing – More Inventory Released in Q4 2012
The number of homes entering foreclosure has picked up after last year's slowdown, when banks were forced to overhaul their foreclosure practices. Foreclosure-data firm RealtyTrac said 311,010 properties started the foreclosure process in the second quarter, a 9% increase from the previous quarter and a 6% increase from the second quarter of 2011 — the…
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