1.I can’t get a loan if my credit score is lower than 680. Anybody who has at least 580 FICO score could get FHA loan with just 3.5 percent down payment. 2. I couldn’t get a loan because I had a bankruptcy 2 years ago. You… Read More 5 Myth About Mortgage
How many of you hear about flipping property? I guess about that about seventy percent people hear about that, or saw reality show like flipping Las Vegas or flippin LA. Some of you even visited flipping seminars and may be even try to buy some school how to flip properties. Have you ever wondering if… Read More Flipping Washington
As I told in previous post, affordability index is going down and it means that less families can afford to buy a house. First question that home buyers have is, can I afford that. The average national home price is 240,700, and medium home price in Seattle area are is $585,400 and with average… Read More How much house can you afford?
Office of Planning and Community Development of Seattle predict that city will reach of 800,000 population in 2035, but if trend will be the same as it is right now for next 5 years, it might happen faster. Another key factor in housing market is supply, so Seattle area supply right now is in… Read More Seattle Housing Market Update
Luck of supply in current housing market cose robust increase in home prices. Median home price, according to National Association of Realtors increase up to $240,700 in the second quarter, up 4.9 percent from from the second quarter of last year. Without adequate building new houses, inventory seriously failing to keep up with market demand.… Read More Luck of Supply