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From Rain City Guide - view blog entries - visit this blogJune 19, 2008 at 10:38 pm ET
Snohomish County real estate land developer Barclays North is shutting down.
Back in April, CEO Patrick McCourt went public with their financial problems.
Everett-based developer Barclays North has struggled since late last year to repay loans from ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 19, 2008 at 10:16 am ET
The NWMLS has announced that as of June 24th 2008, they will no longer use the term. Active STI. It will become Pending Inspection and two new statuses will be created, Pending Feasibility and Pending ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 18, 2008 at 9:38 am ET
My purpose for this post is to hit it home what a great window of opportunity we have with FHA Jumbo mortgages which are only around until December 31, 2008 unless Congress passes an extension of ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 18, 2008 at 2:33 am ET
Just when you thought you had seen the most stupid law from our legislature regarding real estate omitting common sense, here comes another! House Bill 2770 aims to make what was a federal offense a ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 17, 2008 at 11:13 pm ET
Thanks again to everyone who participated in today’s first episode of a Rain City conversation! I had a blast and definitely appreciated everyone who took part in both the conversation and the chat! ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 17, 2008 at 1:10 pm ET
All aboard! The track is done, but the electric isn’t up yet, so Sound Transit did a test push a few days ago. I sort of wish the Central Link had a dirtier name to ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 16, 2008 at 1:59 pm ET
I’ve been having such a blast with the 4realz Roundtable conversations, that I’m going to bring the conversation to Rain City Guide!
The idea: this Tuesday at 4pm, I’m going to host a conversation with the ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 16, 2008 at 3:55 am ET
I’ve been reporting the change in volume and MPPSF. But let’s go back a bit so you can see the change from an historical perspective, and also help put things into focus as we move forward ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 15, 2008 at 10:57 pm ET
Go Celtics! You can do it! Because you have OUR Ray Allen!
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From Rain City Guide - view blog entries - visit this blogJune 13, 2008 at 4:59 pm ET
Rates are continuing their climb up upwards. Helping to fuel this rise in rates, Greenspan has announced that markets are showing a “pronounced turn around” causing investors to trade the safety of bonds (such as mortgage backed securities) for stocks. ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 13, 2008 at 1:35 am ET
I spent part of last week at an FHA conference and had a chance to learn all about their upcoming changes which Rhonda blogged about here.
In the past I have been critical about the lack of ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 12, 2008 at 2:12 pm ET
Ardell’s Advice: “When in Doubt - Take it OUT” BEFORE showing your home to prospective buyers!
Over the years the thing that creates the most controversy in a real estate transaction has been something that is ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 11, 2008 at 4:23 pm ET
This is not legal advice. For legal advice, consult an attorney directly, not a blog.
It’s common knowledge (based on those comments, at least) that some buyer’s agents will not show properties with an SOC of ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 10, 2008 at 7:01 pm ET
I was just reading Brian Montgomery’s speech from yesterday which reminded me of what’s on the horizon with FHA insured mortgages. He points out that the increased loan limits are temporary–you only have until the end ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 9, 2008 at 6:24 am ET
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In the post below this one I varied from the normal format. Posting this one for readers who are keeping the weekly data on an excel spreadsheet.
King Couny Condos
Active Listings: 3,942 - UP 31 - median price $323,000 - ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 9, 2008 at 5:49 am ET
My focus tonight is on the expectation of sellers to have an offer quickly after listing their property for sale. I must admit that I am still in a “30 days to offer” mindset as ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 6, 2008 at 9:52 pm ET
A “Risk Management” Alert bulletin was distributed to real estate brokers in Washington State this week by the Washington Assoc of Realtors in anticipation of yet another new state law, SB 6847 that will go into effect ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 6, 2008 at 3:11 pm ET
Today’s Job’s Reports revealed the highest unemployment in twenty years. Bad news with the Jobs Report is what’s keeping mortgage rates from teetering significantly higher since we’re dealing with record oil prices with the biggest ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 4, 2008 at 6:48 pm ET
I just received a call from John. John is an excellent agent in that he is low key, no pressure, but very attentive to his client’s needs. I met John at an Open House at ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 4, 2008 at 1:17 pm ET
To this title you might ask, “which salmon is available?” Well, I’m not really talking about fish with scales and fins here. What we’ve noticed over the past month is that the fishing with low ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 3, 2008 at 4:10 pm ET
Many buyers are under the erroneous perception that their offer is “a secret” and that in a multiple offer situation, their offer cannot be revealed to other participants.
While many agents may say “I would never…”, ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 2, 2008 at 6:06 pm ET
There has been a lot of confusion, anger and fear surrounding the new Distressed Property Law. I’m not going to jump on the bandwagon and do a critical analysis of the law, tearing apart each section. The ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 2, 2008 at 12:58 pm ET
The Northwest Multiple Listing Service has announced policy changes that will allow brokerages to display more information on their websites. This means that if brokerages choose to, people will be able to see the length ... ( more)
From Rain City Guide - view blog entries - visit this blogJune 2, 2008 at 3:25 am ET
Not a huge movement, but fewer condos for sale, meaning they are selling a bit faster than they are coming on market, for a change. Fewer in escrow than last week, but that’s normal for ... ( more)
From Rain City Guide - view blog entries - visit this blogMay 31, 2008 at 12:14 am ET
…instead of the price going up over time, it goes down.” ~Bothell home owner
Trend?
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ARDELL on “Where is the ... ( more)
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