North Sound Property News

The market in Mukilteo, Lynnwood, Edmonds, Bothell, Kenmore and Mountlake Terrace has slowed a bit, although market activity is still in the healthy range.  But no matter how crappy the market is, no matter how hard it is for buyers to get a zero down loan, sellers still want to sell their house for the very best price […]

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I loved the movie Master and Commander.  Something about the idea of sailing the bounding main on a ship far out to sea, out of sight of land, and without an internet connection really appeals. 
Okay maybe not.  But I do think sailing ships are really neat.  And there are two sailing ships in town this weekend!  […]

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I received the following email from one of the lenders I work with yesterday morning:
As you may be aware, our industry has taken some big hits in the last week or so.  Many lenders and investment companies are taking a look at their portfolios and loan programs.  Some companies have ceased business altogether and others are […]

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July is in the rearview and it’s time to report on what happened in the local real estate market last month.  This week, I’ll report on Mukilteo (98275 zip code).
Active Listings
(Listing count includes ALL listings currently on the market)
Listing Count: 101
Average Time on Market: 89 days
Median List Price: $648,800
Average $ Per Square Foot: $272
There were 52 new listings in […]

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The news in real estate this week is the implosion of the lending market, with American Home Mortgage and now Novastar forced to shut down on margin calls.  Of the two, the decision by AHM to close is the more surprising, because unlike many of the other lenders that have been affected by this spring […]

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