Tag Archives: real estate

New Mortgage Rules Released by Federal Officials

Posted on January 11, 2013 by

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

Posted on January 9, 2013 by

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

Posted on January 4, 2013 by

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”

Posted on January 2, 2013 by

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

Posted on December 28, 2012 by

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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Landlord-Tenant Q&A by Douglas S. Tingvall

Posted on December 19, 2012 by

Question: Which party is responsible for repairs to the furnace and hot water heater when the seller remains in possession after closing under a post-closing rental agreement? Answer: Under the Residential Landlord-Tenant Act, the landlord is required to “[m]aintain all … Continue reading →

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Christmas is coming! Christmas Light Shows in Richland and Pasco

Posted on December 14, 2012 by

Christmas is coming in just 11 days! We’re getting our first snow of the season (even though it’s too warm to stick, I think it still counts!) so it’s really beginning to look a lot like Christmas! We found some … Continue reading →

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Happy Holidays from Freddie Mac and Fannie Mae

Posted on December 12, 2012 by

On Dec. 3, both Freddie Mac and Fannie Mae announced that they were going to cease evictions during the holidays so that families better enjoy the holidays. Fannie Mae said they would hold off on evicting foreclosed single family and … Continue reading →

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Show Me Your “R”

Posted on December 7, 2012 by

Check out this neat little video on why it’s important to go with a Realtor rather than just a real estate agent.  There is a difference! Show Me your R from YouTube

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