Home sales JUMP to highest level in 5 years!!

I have sure seen a ton of growth and sales happening in the Seattle and the Tacoma area marketplace over the last 12 months. So many of my clients have had to submit offers on 3-5 different  homes before their offer is accepted, and this is not on short sales! Homes are selling in less than 30 days and that includes time to process the loan. Values have also come up in our area so much that many people can sell their home with equity and get into another home in an area they desire more.

Make sure to contact me today to talk about getting pre-approved for your next home and ask me why the Listing agent Realtors  want to sell to a client working with a local bank and lender and not a National Lender such as your BIG 3 banks you see on every corner.

I found this article below and you may find this information useful.

Cheers;

Bruce [Read more…]

In 18 Months, Housing Markets Seen Returning to Historically Normal Levels

 

Puyallup homes for saleThe housing recovery is expected to grow at an annualized rate 0.6 percent through the third quarter of this year, then gain momentum and prices are projected to grow 3.7 percent between the third quarters of 2013 and  2014 until settling down to 3.3 percent annual increases  over the next three years according to Fiserv, a financial services technology provider using data from the Federal Housing Finance Agency (FHFA). [Read more…]

Home Prices Show Biggest Gain in Six Years

As retrospective analysis of 2012’s economic returns becomes more fleshed out, some pretty astounding figures are emerging. While it’s clear that 2012 turned itself into an overall rebound year for the housing market, certain metrics have begun to paint a picture of precisely how exceptional 2012 was. [Read more…]

U.S. Real Estate Faces Lowest Inventory in More Than a Decade

Puyallup Housing newsResidential real estate has gone from dismal to a sellers’ market in just over a year. Once home prices stopped finally declining in early 2012, investors picked up their pace of acquisition in regional markets that where particularly affected by the housing downturn: Phoenix, Las Vegas, South Florida, and various markets in California. Inventories in those markets quickly tumbled, but that same situation is spreading to other metropolitan areas. [Read more…]

Home Sales and Prices continue to improve in Pierce County

Pierce County Home sales

 

The higher home price and sales momentum that showed up toward the end of last year in Pierce County continued into January as both prices and sales rose sharply, according to Northwest Multiple Listing Service data released Tuesday. [Read more…]

All page content by Bruce McLaughlin Eagle Home Mortgage 1029 East Main Puyallup WA 98372 NMLS 70081 253-651-5755 Contact me directly for any questions