Tag Archives: houses in richland

Thinking of Remodeling?

With the tax return season nearing, some of you may be thinking of remodeling your home. Here are some tips on finding the right contractor and avoiding the less reputable ones.  Before you open your phone book and start randomly … Continue reading

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Slow But Steady Growth in Tri City Home Sales

Real estate agents in the Tri City area are feeling positive over the 2% increase in home sales last year, which was comparable to the year 2011. Modest growth and average sale prices means steady growth, which is good as … Continue reading

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New Mortgage Rules Released by Federal Officials

Thursday, January 10th, Federal officials released new mortgage rules set to go into effect on January 21st, to decrease risky lending and to allow borrowers to easier understand what they are agreeing to. The new mortgage rules are aimed at … Continue reading

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Higher End Home Sales Are On The Rise

Sales of homes priced above the $750,000 mark increased by 50% from 2011, according to a November report by the National Association of Realtors. The change pushed the median home price to $180,600 increasing from November of 2011 by a total … Continue reading

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2013 Mortgage Rates Expected to Rise Only Slightly

This week mortgage rates remained low at an average of 3.34 percent on a 30 year fixed rate loan with a 0.7 percent average point. This is down from 3.35 last week and 3.91 last year. To keep rates low … Continue reading

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Real Estate Comes Out Winners at end of “Fiscal Cliff”

Late last night the Senate Bill to extend some federal tax code provisions important to home buyers, sellers, builders, and those in real estate were finally passed by the House in a 259-167 vote.  Among the items approved through the … Continue reading

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Strongest Rise in New Home Sales In Over 2 Years

Thursday, December 27th the Census Bureau reported that new home sales rose to the annual rate of 377,000 in November. This is an increase of 4.4% from October and 15% from earlier in the year. It is the highest increase … Continue reading

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Washington Requirement for Carbon Monoxide Alarms in 2013.

According to the CBS Seattle news report from Dec. 4th, 2012, since 2011, carbon monoxide detectors are required in all new construction homes.  Now in 2013, all residences will be required to have the alarms:, apartments, condos, townhouses, dormitories, etc.  … Continue reading

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Bank of America to Eliminate Second Liens!

Bank of America announced that it will forgive second-lien mortgages for about 150,000 of it’s borrowers. 150,000 letters were mailed to Bank of America customers who may be eligible for the program.   The program is intended to provide relief to some mortgagees who … Continue reading

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