RECENT BLOG POSTS
Seattle is now on the list... guess it isn't just Santa making a list and checking it twice... http://www.dsnews.com/articles/nahb-list-of-improving-markets-hits-201-up-by-76-2012-12-07 In this article from DS News they report that NAHB has its list of improving markets and there is a big bump ...
12/10/2012
We in Team Reba definitely support this measure for extending the Mortgage Debt Relief Act (instituted in 2007 and expanded in 2009 to 2012) while we continue working through financial workouts on mortgages for many Americans. We still have 2-3 years to go, at least, before we're out of this mes...
12/03/2012
We've got one of the best bus systems in the United States, but we're still working on overall high capacity transit strategies in the Puget Sound region. While some areas of King County and Snohomish County have benefited from rail service there are requests by Sound Transit for input from more...
11/08/2012
While we're hearing some good news about other parts of the country starting to ease out of the recession because foreclosure rates are down 31% over last year, what isn't noted in this report is that WA State is still seeing a slight increase in foreclosures with roughly 80,000 homes at risk. I...
11/01/2012
Given the aftermath of the storm/Hurricane Sandy, we in the NW should prepare ourselves for the kinds of storms we routinely get and help in preventing power outages. This article in the Renton Patch also has an attachment available for storm emergency planning, a good thing for every household. ...
11/01/2012
From our friends at API Exchange – a good reminder for investors who may be doing 1031 exchanges at this time: Important information for investors beginning a 1031 exchange from October 18 – December 31, 2012 The time frame an exchanger has to complete the acquisition of a replacement property in...
10/31/2012
I'm going to guess the people who are in financial distress are not going to be thrilled about this change of events. Apparently a new feature coming out on Zillow is going to show pre-foreclosure and foreclosed homes. I can understand showing inventory that may be potentially up for sale soon ...
10/26/2012
Yes, I know, it's a strange title but it's to make a point. There are many sellers out there who don't recognize, or perhaps just realize, that it's always better to be more realistic in the marketing remarks of your home than to over-sell. I just had this discussion with an investor seller of m...
10/25/2012
We always like hearing good news about employment because it's a driving force behind real estate values. Richard Conlin, on the Seattle City Council, sends out a monthly newsletter that gives a lot of information about the happenings in the Seattle employment and neighborhood development divisi...
10/19/2012
If you were an investor or 2nd home owner who defaulted you may want to look closely at whether or not your deficiency after the foreclosure or short sale is going to fall under this microscope. Many states allow mortgage holders several years to come after losses so the clock may still be tickin...
10/19/2012