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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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Note: NWMLS implemented some Area Designation and Boundary changes in the Newcastle/Renton area to more accurately reflect the true market areas in this section of Bellevue/Renton. The boundary changes took effect on June 24th, 2008. To view a map that shows the old and new boundaries, click here: http://www.nwmls.com/discover/library/monday_update/MonUpdates/MU2008/Jun08/KC_SW_350_500.pdf.

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: 100 Days (Up from 98 last period)
Inventory of Active Listings: 582 (Up from 578 last period)
Inventory of Sold & Pending Listings: 249 (Up from… Read Full Post

You know you are ready to buy a home when owning is cheaper than renting and a home purchase is a natural fit for your lifestyle and financial needs, goals and obligations. Instead of making the home-buying decision based on income alone, consider it in a more holistic context that includes your complete financial picture. Viewing home buying in a vacuum is a common misstep first-time homebuyers should avoid. Other potential slip-ups include:
Not knowing the market
In a buyer's market, buyers who feel a competitive edge are more likely to leap before they look. The glut of information on the Internet makes obtaining home buying and local market knowledge a relatively easy task. Real estate agents, brokers, lenders, title companies and other real estate…

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