October 2015

There are 5 blog entries for October 2015.

The S&P/Case-Shiller Index numbers for August were released yesterday, and after a July where we saw average home prices decrease by 0.1 percent in the Seattle Metro Area (King, Pierce, and Snohomish counties), prices bounced back and increased by 0.7 percent in August. On a yearly basis, prices in the area grew by 7.6 percent, coming in at number five on the list of cities with the highest yearly gains among the top 20 metro areas in the index.

Though prices in the Seattle are are still four percent below their peak, overall prices are showing steady growth and much of it is coming from a surprising sector of the housing market: condos. Zillow’s Chief Economist Dr. Svenja Gudell said in a statement that in the national market “…a good portion of the

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Living in Broadmoor offers residents the best of two worlds: in-city living within a quiet, secluded atmosphere. Just blocks from the shops and restaurants of Madison Park and Madison Valley, and in walking distance of the Washington Park Arboretum, Broadmoor is the ideal location.

This 1928 home available for rent is situated on the fairway of the Broadmoor Golf Course and offers a peaceful green view. Many of the 1920′s details are still intact, and this home is attractively decorated with pretty oak floors, classic rooms, and a covered porch. A one-car garage and basement offer plenty of storage.

This is a great opportunity to live in one of Seattle’s most sought-after areas! Please contact listing agents Betsy Terry and Jane Powers at Ewing &

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For those who have gone through the long and often stressful process of getting a mortgage, you are likely familiar with the seemingly never-ending stack of papers you’re required to sign on or right before your closing date. Sometimes buyers at the closing table may be faced with small changes that have been made to their loan terms, and oftentimes are pressured into making quick decisions. But new rules put in place by the Consumer Financial Protection Bureau that took effect October 3 aim to give buyers clearer information and more time before closing to review terms and ensure they aren’t surprised at the last minute. The new “Know Before You Owe” program also replaces the four previous disclosure documents (the Initial Truth-in-lending Disclosure,

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A home appraisal is a step of the mortgage process when an unbiased state-licensed professional determines a home’s value based on size, condition, function, and the quality of the home. To do this, the appraiser must first inspect the property. Then, by researching similar homes within the area and comparing recent residential sales, the appraiser will present their “opinion of value” with all supporting data and research used to come to their conclusion.

The appraisal process is important because mortgage lenders require an appraisal before they’ll provide a home buyer a loan. This is because the value of the property will likely determine how much a lender will lend. Lenders want to make sure that homeowners aren’t over borrowing, as the home

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Now available on Mercer Island, this award-winning home on desirable Forest Avenue boasts 5 bedrooms, 3 ½ baths, and 5,396 square feet of luxurious living space. Both formal and informal spaces, including a home office, bonus/media room, and family room offer ample space for both entertaining and relaxing. Three fireplaces will keep you cozy through the Northwest fall and winter. The updated chef’s kitchen features slab granite counters, double ovens, stainless steel appliances, a Sub-Zero refrigerator, and custom cabinetry, and offers quick access to an entertainment-sized deck.  Large windows afford views of surrounding greenery from almost every room, and the light-filled living room and den on the main level feature vaulted ceilings for an airy

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