Home price bounce will help boost economy but it will take time

The ongoing rise in home prices, up for the sixth month in a row in July according to a widely followed index, is bringing some badly-needed support for an ailing U.S. economy. The road back to economic health, though, is going to be a long one. U.S. single-family home prices rose in July, though the improvement was [...]

By |2019-06-10T06:13:01+00:00September 25th, 2012|Market Updates|0 Comments

New Report Says Buying is Cheaper than Renting in Seattle

Buying a home is way cheaper than renting in all 100 of the nation's largest metropolitan areas, including Seattle, according to a new report. The average home ownership cost in the Seattle area is $978 a month, 42 percent lower than average rent, the real estate company Trulia reported. Nationwide, owning is 45 percent cheaper than renting. [...]

By |2019-06-10T06:37:28+00:00September 14th, 2012|Investor News|0 Comments

Seattle Foreclosures Rising Faster than Nation

Foreclosures rose dramatically faster in the Seattle area than in the country as a whole in August, according to a new report. King County foreclosure filings in August were up 32.2 percent from July and 34.2 percent from August 2011, the foreclosure data firm RealtyTrac reported. The nationwide total rose just 0.8 percent from July and fell [...]

By |2019-06-10T06:42:54+00:00September 13th, 2012|Investor News|0 Comments