Home Buyer & Seller Information
Homebuyer Tax Credit Extension for Navy Families
As April 30, 2010 draws ever closer, many families across Snohomish County are scrambling to find a home, obtain mutual acceptance, and have the property record on or before June 30, 2010. This is not the case if you are [...]
Snohomish County Market Updates
Poll: Has the Snohomish County Real Estate Market Hit Bottom?
Do you think the housing market has hit bottom?trends In a poll released today by Fannie Mae, nearly 2/3 of Americans say right now is a good time to purchase a home and the bottom has arrived. With that said, Snohomish [...]

Snohomish County Market Up-Dates for Dec 2007
Snohomish County Market up-date (listings, pending sales and close sales) for December 2007 have just been announced.
Listings
The Snohomish County real estate market seen 50% increase total homes on the market from one year previously. This is not surprising though after the year 2007 turned out to be. The under-controlled lending left many homeowner’s faced with adjusting mortgages which rapidly became drastically unaffordable. The US Government is trying to restore the real estate financial markets with programs like the modernization of FHA (FHA Secure) and locally, in Washington State, it is the revitalization of older programs like House Key State Bond.
Pending Sales
As listings increased, pending sales on the other hand decreased almost 32% from a year ago. These figures show that buyers are watching were the market is heading and may stay on the fence just a little bit longer. But with 30 year fixed for January 2008 registered at 5.76%, according to FreddieMac, is almost a .5% percent lower than in 2007 making the rates far more attractive for standard financing programs which should encourage people to invest in real estate or refinance into a fixed rate.
Closed Sales
Pricing in Snohomish County was virtually unchanged; the price reduction amounted to $2,156. Not the enourmous loss the media was reporting. Snohomish County was shelted from a collaspe due to its strong local economy; Boeing’s massive hirings.