Posts Tagged ‘sell a house’
Rates are Great
May 3, 2011 | 
Author It appears the steady climb to higher interest rates is waning. We have recently moved through the 200 day moving average for Mortgage Backed Securities. The FNMA 4.00% Coupon stands at 99.72 improving 22 basis points today. The 10 year bond market has continued its rally and stands at 3.25 today as well. Remember that an increase in demand for bonds (lower economic forecasts) translates to lower long term interest rates. This recent movement has occurred in the past 30-45 days and appears to coincide with the lowering of growth estimates. Let’s face it, much of the growth in the past year or so has to do directly with government stimulus spending. With the technical explanations out of the way let’s look at what it all means.
With interest rates still at all time lows and our local region faring better economically than the nation as a whole has created opportunity. As I have recently posted, there continues to be better employment opportunities in Seattle (see Spring Break Fun and Local News). Keeping in mind that we have seen a substantial decrease in values since the credit crisis took hold it looks to this Troll that we have the makings of a recovery. If rates are down and rents are up (see Rents on the Rise?) people will start to choose home ownership and its tax benefits rather than staying put and paying someone else’s mortgage. We are seeing now that houses that are appropriately priced in solid neighborhoods are garnering multiple offers. These conditions should collectively foster additional demand for entry level housing, which of course is our Specialty! For more information feel free to give me a call.
The Troll
Posted in Troll's Blog | 
Tags: buy a home, economy, financing, home buying tips, home financing, home mortgage, homes, homes for sale, mortgage, mortgage blog, northwest real estate, purchase real estate, real estate, real estate agents, real estate blog, real estate info, realtor, realtors, realty, realty office, search real estate, seattle, seattle listings, seattle real estate, sell a home, sell a house, wallingford, wallingford real estate | 
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Easter Surprise
The Troll felt obligated to pass along an Easter story. The Troll and his lovely wife had a gathering to prepare for on Easter Sunday (25 of their best friends and family). The Saturdays preparation proved to be exhausting (yard work, cooking, cleaning, little league, swimming lessons). As the day came to its end we went up to bed and crashed. In a deep sleep the Troll was awakened by the backhand of Mrs. Troll who seemed in a panic. WE DIDN’T HIDE THE EGGS, she bellowed. And for once she was right; we completely forgot to hide the eggs that our kids had diligently and artistically decorated, furthermore we had forgotten to prepare their Baskets.
So there we were at 2:00 AM in a sleep deprived daze playing Easter Bunny. It took us about 20 minutes but the Trolls rallied and kept alive the delicate rouse of the candy wielding Lagomorphs. Was it all worth it? Of course it was, the Trolls children would believe in the Easter bunny for one more year. Speaking of the Troll children, the boy (7) is starting to raise doubts. He is asking questions like “Is the Easter Bunny the same size as a regular bunny or is he bigger like you?” I think he is going along because he likes the idea of free candy. The girl (4) and wise beyond her years still gleefully believes. Tragedy averted, for now!
Did you know the Easter Bunny came from what is now Germany? The Easter Bunny was introduced to the U.S. by German settlers who arrived in the Pennsylvania Dutch country during the 18th century.
The Tired Troll
Posted in Troll's Blog | Tags: buy a home, financing, home mortgage, homes, homes for sale, mortgage, mortgage blog, northwest real estate, purchase real estate, real estate, real estate agents, real estate blog, real estate info, real estate office, realtor, realtors, realty, realty office, search real estate, seattle, seattle listings, seattle neighborhoods, sell a house, wallingford, wallingford real estate, washington real estate | Comments Closed
Spring Market
Spring has sprung and it’s time to talk about some helpful tips on readying your property for the market. If it is curb appeal you are looking for try focusing on landscaping and exterior paint. Painting is less expensive than other types of projects and you can Do It Yourself! A clean yard is also a must. Make sure you mow, weed your planters and prune your bushes. Now is the perfect time as the ground is easier to work. Also, barking is easy and I’m not talking about your neighbors’ dog. You can cover some unsightly areas of your yard by simply applying ground cover. These few steps can keep some serious cash on the table when negotiating a sale.
Wallingford Realty Inc. has also teamed up with a local licensed and bonded builder for project’s that require more involvement. We can discuss sensible home beautification projects that current buyers crave. Let’s face it, you have to distinguish yourselves in this market and properties that are priced appropriately and have curb appeal can bring much more attention and possibly multiple offers.
The Troll
Posted in Troll's Blog | Tags: construction, financing, home selling tips, homes for sale, mortgage, northwest real estate, real estate, real estate agents, real estate blog, real estate office, realtor, realtors, realty, realty office, seattle, seattle listings, sell a house, wallingford, wallingford real estate, washington property, washington real estate | Comments Closed
Open for Business!
Well, after a good six months of diligent preparation Wallingford Realty Inc. is getting its start! I’d like to take a quick moment to thank a few people for all of their hard work. Cherie Smittle is the one responsible for creating this fantastic site. We set out to create something totally different from our competition and I think we succeeded. I hope you really enjoy it. I’d also like to thank Erin Sartain for her creative thinking in getting our message out. Lastly, and most important, I’d like to thank my wife Carey for her unwavering support in this effort. I love you baby and I couldn’t have done it without you.
For my first post I’d like to briefly discuss the new project at Stone Way and N 40th St. I have to say that as I watched that crane go up I felt for the first time in a while that the winds were changing. The project will be 154 apartments and some additional mixed retail. For those that don’t know our office is very close to that project and it will be nice to look upon that property and not think of it as a pool. Exciting Times indeed folks!
If you poke around the site you will get to know what we are all about so I’ll leave the exploring to you. I’ve been in this game a long time and if I don’t know the answer, chances are I know someone who does. That said; please don’t hesitate to “Ask the Troll….Anything”.
If you’re an agent looking to find the perfect nest to cultivate your skills and expertise, look no further. We will be adding staff in the coming weeks and look forward to speaking with you.
Stay tuned!
The Troll
Posted in Troll's Blog | Tags: northwest real estate, purchase real estate, real estate, real estate agents, real estate blog, real estate office, realtor, realtors, realty, realty office, search real estate, seattle, seattle listings, sell a house, wallingford, wallingford real estate, washington property, washington real estate | Comments Closed
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