Ever wonder if buying a green home is a sound financial investment? A recent article in the Seattle Times discusses recent statistics and the benefits of buying a green home. It cites a study by GreenWorks Realty which reviewed the NWMLS King County condominium sales from September 2007 – May 2008 and included only new construction built in… [Continue Reading]
More Developers On Hold…a good thing?
August 12, 2008 By
As discussed in many of our previous blogs, the “wait & see” approach has continued through the middle of summer. It is amazing to watch the natural progressions of the real estate market auto correcting. Condo Conversions have come to a screeching halt, new construction has been put on hold, and many condo projects have converted to either Apartments… [Continue Reading]
$7,500 Tax Credit for First-Time Home Buyers
August 12, 2008 By
On July 30, 2008 the Housing Assistance Tax Act of 2008 was signed into law offering a $7,500 Refundable Tax Credit to first-time home buyers purchasing a single family residence, condominium or townhome. This is a great advantage to those first-time buyers who have or who are looking to purchase a home in the near… [Continue Reading]
Pending Home Resales rise 5.3%
August 7, 2008 By
Does a number like this predict that the market has bottomed out? Not necessarily, but it is a great sign that lower prices are driving sales. Pending sales is the most important indicator to monitor; due to the fact that it tracks contracts that are being signed accepted and are moving towards closing. July numbers are due on… [Continue Reading]
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