There are two main forms of mortgages that are used to purchase condos today. One type of loan is known as a Conventional Loan. Conventional Loans are issued by banks and conform to Fannie Mae (FNMA) and Freddie Mac (FHLMC) lending guidelines. The second type of loan is an FHA loan. FHA loans are also [...]
Archive | April, 2010
Northwest MLS Seattle Real Estate Statistics for March 2010
The Northwest MLS has released their Western Washington real estate statistics for March 2010. Sales activity rose significantly over February and compared to the same time last year. Median prices have been moving in a narrow range over the last year, though this month showed a slight uptick in median prices versus March 2009. The [...]
9-year old Belltown high-rise building to be torn down
In a case of building design and inspection gone horribly wrong, the McGuire Apartment building, a major high-rise apartment building in Seattle’s Belltown neighborhood, is going to be torn down only 9 years after being built. Here is a snippet from the Seattle Times report on the issue. “Hundreds of residents and business owners who [...]
Findwell Real Estate steps up to replace cancelled Seattle fireworks show
Earlier this week, it was announced that Seattle’s Lake Union fireworks show for July 4th had been cancelled. The organizer of the event announced that it has not been able to find a title sponsor for this year’s event. All of that changed today, when local startup Findwell Real Estate decided to host its own [...]
