Residential and Investment Property Marketing and Sales
Residential and Investment Property Marketing and Sales
Windermere Real Estate/Capitol Hill, Inc.
Direct Phone: 206-579-6480 :: Email: casmith@windermere.com

Attention Getting Mortgage Interest Rates

Posted on February 1, 2013
Record Low Mortgage Interest Rates
 
Financing a home loan is at a historical low. Payments are affordable for many buyers. That is if they can find a home for sale.
Housing inventory is also at a historical low as well. Feel free to contact me if you would like more information.
 
Scott McPhee
LO #11266
Conforming 30 day lock  01/31/2013.  Current numbers.

30 Year Fixed        3.375%    .375    discount points     APR3.512
20 Year Fixed        3.375%   .375     discount points     APR3.514
15 Year Fixed        2.500%      .5       discount points     APR2.625
10 Year Fixed        2.625%     .125    discount points     APR2.704

7 Year ARM        2.875%      .5           discount points     APR5.375
5 Year ARM        2.625%      .375       discount points     APR5.483
3 Year ARM        2.375%      .75         discount points     APR6.226

(Free) I am currently offering a low rate of   2.875%   for 0 loan fee 0 points cost  (APR 2.879)Free 15YEAR fixed rate refiance.  Most loan amounts.

Well, This is Just Depressing

Posted on January 20, 2013
New Listings Drop 25% From 2012's Already-Depressed Level:
Click link below to see the state of current listings of homes for sale in Seattle

MOHAI Move Makes History

Posted on January 10, 2013

Posted January 9, 2013 in Features

MOHAI Move Makes History

Over the holidays, the Museum of History and Industry (MOHAI) officially unveiled its spectacularly refurbished digs in South Lake Union’s former Naval Reserve Amory, in one of Seattle’s most hotly anticipated big reveals. With crowds nearly 20,000 strong in its first week and news media en masse, Seattleites gave their hometown “attic” a resounding welcome to the neighborhood.

Moving the collection from its former location in Montlake and redoing the 50,000-square-foot Armory was a project years (and big bucks) in the making. Approximately $90 million was required for the migration and renovations. Seattle icons and historic treasures long in storage for lack of space were hauled out and given pride of place. Showcased in all their glory: the famed red “R” from Rainier Brewery and the big pink “Toe Truck,” among others.

Plopped in the midst of one of Seattle’s most happening neighborhoods, the handsome Art Deco building is silhouetted against the blue waters of Lake Union and the leafy green of Lake Union Park. With its knockout setting and twice its former display space, MOHAI is expecting a major uptick in patronage.

MOHAI Executive Director Leonard Garfield said, “South Lake Union is simply the perfect home for MOHAI. It allows us to tell Seattle’s story from a place that fostered so many of the region’s important entrepreneurs, and also where businesses and organizations continue to make historic innovations every single day.”

The brand-spanking new MOHAI promises to be an even greater cultural powerhouse in the community than before. If you didn’t make it to grand opening, check out these new, permanent and upcoming features:

Seattle is the ninth-best market in the country for homeowners selling their home, according to a new report

Posted on January 9, 2013
 

Seattle is the ninth-best market in the country for homeowners selling their home, according to a new report.

Zillow Inc. (NASDAQ: Z) of Seattle reports that only home sellers in eight other U.S. cities have more leverage than Seattle home sellers. Zillow describes a seller's market as one where homes are on the market for a shorter time, price cuts occur less frequently and homes are sold at prices very close to (or greater than) their last listing price.

In markets like Seattle, "sellers ... are squarely in the driver's seat with their homes selling within days of listing, often after bidding wars that increase the sale price above the asking price," said Stan Humphries, Zillow chief economist, in a statement.

More Blog Entries
A Guide to Closing Costs - Posted on December 21, 2012
Millennials Want to Be Home Owners, Too - Posted on May 22, 2012
7 Hot Home Improvement Trends that Make Your Home Work for You - Posted on March 15, 2012
Sellers-Straight Talk From a Prospective Buyer - Posted on January 22, 2011
 
Windermere Real Estate/Capitol Hill, Inc. :: 1112 19th Avenue East Seattle, WA 98112 :: Office Phone: 206-324-8900 :: Fax: 206-328-1716
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