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Another Reason to Consider Your Home Purchase NOW!
Don Davis Ph: 360-652-9994 email: dond@htlnw.com As the mortgage world turns, we find yet another change in lending guidelines. HUD has announced as of April 5th, all purchases will pay an FHA funding fee of 2.25%. That is up from the current 1.75%. The funding fee, of course, can be financed as part of the loan or paid up front. Either way IT WILL COST YOU MORE to buy a home. Let... [Read more]
Numbers Don’t Lie
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2000 3706 4778 5903 5116 5490 5079 4928 5432 4569 4675 4126 3166 2001 4334 5056 5722 5399 5631 5568 5434 5544 4040 4387 4155 3430 2002 4293 4735 5569 5436 6131 5212 5525 6215 5394 5777 4966 4153 2003 4746 5290 6889 6837 7148 7202 7673 7135 6698 6552 4904 4454 2004 4521 6284 8073 7910 7888 8186 7583 7464 6984 6761 6228 5195 2005 5426 6833 8801 8420 8610 8896 8207 8784 7561 7157 6188 4837 2006 5275 6032 8174 7651 8411 8094 7121 7692 6216 6403 5292 4346 2007 4869 6239 7192 6974 7311 6876 6371 5580 4153 4447 3896 2975 2008 3291 4167 4520 4624 4526 4765 4580 4584 4445 3346 2841 2432 2009 3250 3407 4262 5372 5498 5963 5551 5764 5825 5702 3829 3440 Source... [Read more]
Reasons Why Now Is A Great Time To Buy! (Part IV)
Don Davis Ph:360-652-9994 email:dond@htlnw.com Home Buyers Tax Credit The current tax of up to $8,000 for first time home buyers and up to $6,500 for repeat home buyers is scheduled to end the end of April 2010 and the loan must close before July. It was debatable whether or not it was going to get extended last October when congress extended it six month. In all likelihood this will be the... [Read more]
Reasons Why Now Is A Great Time To Buy! (Part III)
Don Davis Ph:360 652-9994 email: dond@htlnw.com The Housing Market Washington State has a Growth Management Act (GMA) that restricts the amount of new housing for any county depending of projected growth. This is why we have never seen 600 or 800 home developments like in California or Las Vegas or Arizona. The county will only issue permits to developers based on the projected growth in that... [Read more]
