lonniesnyder's Blog: All Categories

Now truly is a great time to buy a home. If you--or someone you know--is ready to move up or become a first-time owner, if you plan to stay a few years and you've been waiting for the perfect time to buy--now is that time.

Here's why. Housing cycles cure themselves. Prices soften, inventories rise, savvy buyers snap up bargains, demand increases, and the market returns to normal. As buyers return that demand pushes home prices up and mortgage rates higher, according to housing economists and past history. Higher prices and higher rates mean waiting today costs you more tomorrow.

The secret is to buy while the headlines are gloomy, secure an affordable fixed-rate loan and enjoy the home you want to live in before the advantage of today's market passes…

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There's something for everyone in Renton. And here at the Renton Real Estate Blog it is our effort to keep you up to date, informed not only what is happening in Renton Real Estate but also in the community.

 

To see the latest news and announcements about exciting events and Real Estate opportunities in the City, have a look here

  If you search Google for Renton Real Estate you will find many blog and other web sites that bring out the interesting facts, not only about Renton Real Estate blog, but about the community and it'd unique features. For example...

  Discover the magic of Renton and enjoy the convenient, spectacular location, outstanding value, hometown hospitality, and business-friendly environment. Nestled on the south shore of… Read Full Post

These numbers are based on a three month historical analysis that compares this week with last week.

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 103 Days (No change from 103 last period)
Inventory of Active Listings: 576 (Down from 579 last period)
Inventory of Sold & Pending Listings: 219 (Down from 223 last period)
73 listings are absorbed by demand each month on average. (Down from 74 last period)
12% of active listings are selling each month on average.
7.9 Months Worth of Supply (Up from 7.8 last period)
Average List Price: $896,502 (Up from $891,592 last period)
Average Sale Price: $644,644 (Down from $676,382 last period)
Median Sale Price: $570,000 (Down from… Read Full Post

 

If you are buying a house in Renton, Kent or greater Seattle area, You should have a home warranty.

What is a home warranty?

The standard home warranty is a one-year service contract that protects a resale home buyer or current homeowner against the cost of unexpected repairs or replacement of major systems and appliances that break down due to normal usage. Coverage is also available to home sellers during the listing and escrow period to help them keep unforeseen breakdowns from potentially delaying the close of sale.

How does a home warranty help me?

Old Republic Home Protection customers enjoy peace of mind, convenience, budget protection, and easy, dependable service. No more "searching the Yellow Pages" for a reputable repairman, no…

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A new addition to your family

 

  So you're expecting a new addition to your family? Congratulations! Adding a new family member brings excitement, stress, and fun all wrapped up in one. Whether you're expecting or adopting, you might be considering whether you need to upsize your living quarters.
First determine how soon you'll need more space. If you are bringing home an infant or toddler, your needs will be different than if you are adding an older child to the family. Newborns don't take up much room. In fact, at first, you may not need a separate room for baby. For the first few weeks or months, some parents choose to have baby sleep in their bed or place baby in a bassinette next to their bed. Newborns don't have many worldly possessions, and… Read Full Post

 Increasingly, senior assisted living and retirement communities are meeting the needs of a broader range of seniors, including active seniors. If you are researching and considering senior assisted living and retirement communities, consider the following tips:
*Start a notebook, which you will use to compile notes and other information about the assisted living and retirement communities you consider.
*In the notebook, list the qualities you want (or if you are assisting an elder, ask them about their wishes and preferences).
*Ask friends, relatives, and colleagues to recommend assisted living and retirement communities for you to consider.
*Contact the facilities, arrange for tours, and request references.
*Check into the background of each…

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Points are one type of fee paid at closing by you to your mortgage lender. There are two types of points: Origination Points and Discount Points. Each point equals 1% of your loan amount. For example, 1 point on a $100,000 loan would cost $1,000.

What is the difference between Origination Points and Discount Points?

They differ in where they are applied. Origination points are charged to recover some costs of the loan origination process. Typically, your Loan Officer's compensation is based on the Origination point(s). Depending on the lending institution, the Origination Point(s) may be negotiable in whole or in part.
Discount Points are used to "buy" your interest rate lower. This is known as a rate "buydown." A general rule of thumb is that one full…

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Just Listed.

 

 

WOW 3 Bed 2 Full Bath Condo for $215,000

975 Aberdeen Ave NE C-303 Renton WA. 98056


 Directions: Go East off exit 5 of I-405. Turn R onto Sunset Blvd. NE. Make a sharp R. onto Aberdeen Ave NE (At blinking yellow light) Renton Ridge is in 1/2 mile on the left. Take 2nd Renton Ridge entrance. go R.

 

 

 

Beautiful top floor condo recently remodeled. Features include new flooring, designer paint, light fixtures and stainless steel appliances. You will love the open kitchen; large master bedroom with walk-in closet; vaulted ceiling, and view of greenbelt. Stackable washer and dryer and all appliances are included. Convenient to the freeways and shopping. Club house with an outdoor pool, athletic court, play ground.…

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