Beach NotesReal EstateWestportMike May 16, 2013

Update from Inman News – Bubble or Not?

Real Estate April 26, 2013

More positive real estate news from around the country!

Beach NotesReal Estate April 22, 2013

Real Estate Market Update

Uncategorized March 23, 2013

Seattle trends eventually land on the beach….

This recent report from Puget Sound Business Journal's Jeanne Lang Jones speaks to the whiplash effect that rising residential prices has on lot demand. In King & Pierce County national developers have entered the scene in the past 3 years and purchased many of the "developed" lots but few new lot developments are underway and the the supply is a ticking clock. Prices for bare land have ratcheted up accordingly.

At the beach there is a strong supply of attractive lots and the prices make them even more so. Following the I-5 trend… now would be a great time to invest in a piece of property on the coast.  Review the story here CLICK

Mike

Real EstateWestportMike February 18, 2013

A great article on the logic of having real estate in your portfolio.

Beach NotesReal EstateWestportMike January 25, 2013

Important news if you are considering refinancing your home!

This report from Rueters gives great information for home owners hoping to take advantage of low interest rates. The challenge we face in the real estate market is finding comparable sales that will hold up to the extreme underwriting scrutiny and that challenge is even moreso with a refi. At least in the appraisal related to a sale the appraiser has a target purchase price to prove or disprove.  In a refinance the open ended nature often leaves the appraiser unfocused and that is where personal bias can come in.

 

Providing the information and atmosphere suggested in the story may make the difference. 

To read this informative article by Lou CarlozoCLICK HERE

Real EstateWestportMike January 24, 2013

2013 looks like the year things get back on track!

Beach NotesReal EstateWestportMike June 23, 2012

Another Milestone at Seabrook

Real Estate June 4, 2012

Trends still favorable

Real Estate May 15, 2012

Home Sales Up – Bloomberg