Our office is celebrating our 1 year anniversary of merging with the Muljat Group. In doing so, we are having 2 ‘Thank You’ Giveaways. For more information and to enter to win this drawing, simply click this link to access the entry form. Fill it out and return to me or my office!
Danielle Groeneweg
April New Home Sales Rise 7.3%!
Things are looking good for 2011:
Sales of new single-family homes rose 7.3% in April from a month earlier, easily topping most analyst estimates.
Sales of new single-family homes rose 7.3% in April from a month earlier, easily topping most analyst estimates.
The Commerce Department said the seasonally adjusted rate of 323,000 units last month was up from 301,000 for March, which was revised upward slightly. April new home sales were down 23.1% from 420,000 a year earlier.
The median sales price of new homes sold in April was $217,900, up 4.6% from March.
Jerry Howard, chief executive officer of the National Association of Home Builders, believes the housing market is still “bouncing along the bottom.”
He said on Fox News Tuesday morning that prices, as well as home sales, can only go up from here.
~Courtesy of JASON PHILYAW via Housing Wire
Gorgeous Golf Course Home!
Priced To Sell! This Dream townhome has loads of upgrades that you don’t want to pass up. Cherry cabinets, granite counters, high-end stainless appliances, extra large custom island, great room features fireplace and access to patio with amazing golf course and mountain views!!! Luxurious master suite with sitting area, fireplace, deck, large jetted tub with double vanity and 5ft steam shower! Right by the first tee, this home is steps from the clubhouse and a must see!For your private showing, call Julie today at 360-296-6092
New Listing in Ferndale!
First time home buyer or Investor ALERT! This home has been remodeled and is very affordable! Perfect layout maximizes the square footage. Huge windows in living room look out onto the bountiful front yard. With a great sized garage for storage, highly functional utility room, and BRAND NEW appliances, this home is just waiting for the perfect buyer. Located in a well established neighborhood walking distance from the schools. Come take a look today! Call Danielle anytime for a showing at 360-483-6490
Existing Home Sales Rise AGAIN in March
Washington, DC, April 20, 2011
Sales of existing-home sales rose in March, continuing an uneven recovery that began after sales bottomed last July, according to the National Association of Realtors®.
Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 3.7 percent to a seasonally adjusted annual rate of 5.10 million in March from an upwardly revised 4.92 million in February, but are 6.3 percent below the 5.44 million pace in March 2010. Sales were at elevated levels from March through June of 2010 in response to the home buyer tax credit.
Lawrence Yun, NAR chief economist, expects the improving sales pattern to continue. “Existing-home sales have risen in six of the past eight months, so we’re clearly on a recovery path,” he said. “With rising jobs and excellent affordability conditions, we project moderate improvements into 2012, but not every month will show a gain – primarily because some buyers are finding it too difficult to obtain a mortgage. For those fortunate enough to qualify for financing, monthly mortgage payments as a percent of income have been at record lows.”
NAR’s housing affordability index shows the typical monthly mortgage principal and interest payment for the purchase of a median-priced existing home is only 13 percent of gross household income, the lowest since records began in 1970.
According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage was 4.84 percent in March, down from 4.95 percent in February; the rate was 4.97 percent in March 2010.
~Courtesy of NAR Walter Molony
1.5 acres w/home under $99,000!
Looking for privacy, serenity and a home all for under $100,000? Beautiful 1.5 acre parcel of land surrounded by trees and down a nice private road. Come live in the manufactured home while you build your dream home on site, or great parcel for recreational use. 2 septic’s on site, water, electricity, and unbelievable serenity! Just minutes from Mt. Baker Hwy, you can be on your way to Mt. Baker or Silver Lake easily. Call me for more info! 360.483.6490
Radio talking about NATIONAL Open house weekend
On April 9th between 10 and 11am, I will be on the Real Estate Radio talking with Mike Kent about the upcoming Nationwide Open House weekend. This weekend is occuring June 4th and 5th across the entire nation. It will be by far the BEST weekend to have your house open for prospective buyers if you are selling your home, and the BEST weekend to house hunt if you are searching. There will be hundreds, if not thousands of open houses to view during this weekend. Keep your eyes and ears open for more information to come!
HUGE Price drop into Short sale status!
Great property, Room for everyone! Located minutes from Lynden, this beautiful home is overlooking 5 ac of pasture land, serene pond, plus is lightly treed for added privacy. Home features open flr plan w/ vaulted ceilings, main floor master w/ en suite, office/den, large bonus rm w/full ba, and so much more. 5 bdrms. and 4 full baths total plus office and bonus rm. Full second kitchen in daylight basement. Large 2 bay shop to keep extra toys. These sellers are motivated! BRING AN OFFER ~Call me for details or to request a viewing 360.483.6490
A look at rising home sales (despite the media’s pessimistic take)
The uptrend in existing-home sales continues, with January sales rising for the third consecutive month with a pace that is now above year-ago levels, according to the National Association of REALTORS®.
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Existing-home sales1, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 2.7 percent to a seasonally adjusted annual rate of 5.36 million in January from a downwardly revised 5.22 million in December, and are 5.3 percent above the 5.09 million level in January 2010. This is the first time in seven months that sales activity was higher than a year earlier.
2011 is looking promising with housing starts locally and nationally on the uprise. Add this to rising existing home sales, decrease (although slight) in the umemployment rate, and the continually low mortgage rates available – we are looking at a better year than we’ve seen in a long time. Now is really the best time to a home period.
Gigantic Lot Liquidation Sale!
All parcels and homes being sold by Homestead were just reduced drastically for liquidation! If you have been waiting for that perfect parcel or condo to snag up for the best possible price, now is the time! Their loss, your immense gain! Hurry before they are snagged up by other builders.
For more information, please click on the Homestead tab on the home page. Or call anytime either Julie @ 360.296.6092 or Danielle @ 360.483.6490
We are ready to make your day!