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COLOR TRENDS IN HOUSES FOR 2008

Roni German — Wed, 16 Apr 2008 17:55:14 +0000

It is very interesting that the colors for 2008 homes is about the same as it was in the 1970’s. This year, the colors of the natural world are back and gaining traction with handmade, undyed and unbleached materials such as off-white, sandy and linen colors mixed with rock and soil colors and browns and greens. Also showing up are the water and sky inspired blues, being matched with light and colorful yellows. Also, a deep navy blue, almost looking like a black, are inspired by the techno world and are showing up more. Ethnic accents are hitting the homes more than ever with color schemes from India, China, Vietnam and Latin America. Expect to see more Moroccan reds and glowing oranges with some rosy pinks and golden yellows. Even turquoise is showing up as an accent color. These seem to be being paired with dark browns and nuetrals for a warm and cozy feel. Shiny metallic finishes are still in but the chrome and nickel are beginning to be replaced by softer shades of copper and bronze. So to update your home, you need to think 70’s colors. Who’d have thought it.

Belfair & Grapeview Real Estate Market Picking UP

Roni German — Fri, 11 Apr 2008 20:23:27 +0000

The Belfair and Grapeview Washington real estate market is on the rise. Some ways to see that housing market is picking up is to watch for a few key components. These are new jobs versus new housing. History shows that one new home owner is created for every 2 new jobs.Therefore, if you see that job creation is continuing, and if builders are holding back on new production, the real estate market should start improving too. And, the Belfair area is in the process of building a new Rite Aid(r).

Further, builders are offering less concesions. This is a sign of new confidence in the market.

Another sign of a rising market is the rise in rentals and a shortage of rental units. Healthy rental rate increases indicate a strong demand for rentals, but if these increases go on for too long, or there aren’t enough rentals, those would be renters become property buyers. So, call Roni German today to buy your next home. (360)275-5804

Belfair & Grapeview Real Estate News

Roni German — Thu, 03 Apr 2008 23:26:32 +0000

So, have you heard the latest? The real estate prices in Belfair Washington and Grapeview Washington are still on the rise? It is amazing that in a market where prices are dropping like flies, that the real estate prices in Belfair, Grapeview and Shelton are staying at an all time high and even climbing. A good example of that is what is happening on Mason Lake!! The prices of the real estate actually on the lake are running from $340K to $400K for bare land. Off of the lake, such as a lot in Paradise Shores Estate, are running at $100K. If you want to buy a great deal in a great area that is appreciating instead of depreciating, you may want to look at the Olympic Peninsula for your future investments. You can’t beat the appreciation rates here. Call Roni German at (360)275-5804 for more information today!!

Investors Needed in Belfair, Shelton, Grapeview Area’s

Roni German — Fri, 07 Mar 2008 19:37:04 +0000

If you are an investor, Belfair, Shelton and Grapeview Washington is an awesome place to buy right now. There are 165 new listings on the market giving a total of 765 houses on the market at this moment. Last month, there were 59 sale pendings and only 38 closed sales while the prices remain phenominal. In fact, the average sales price is still only $209,500. And an added bonus is that the airport is only an hour from here by ferry boat ride and an hour and 20 minutes by driving around the canal. You will love the picturesque nature of the Olympic Peninsula and the Olympic Mountains. Hood Canal is all salt water and has a tide like the oceans do. There are also over 200 lakes in the area. Time to become an investor and invest in some of the most scenic land around. You can also buy bare land starting at $35,000 for raw, flat usable land. Call Roni German today!. (360)275-5804.

Belfair Real Estate Mortgage Rates on an Upward Trend

Roni German — Mon, 15 Oct 2007 01:32:52 +0000

110,000 Jobs Created in September While Our Construction Industry Loses 71,000 jobs. General Contractors, Specialty Trade Contractors and Remodelers Fall by 93,000

Once again Freddie Mac has released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage averaged 6.40% with an average 0.4 point for the week ending October 11, 2007. This is up from last week when it averaged 6.37%. Last year at the same time the 30-year fixed rate averaged 6.37%.

The 15-year fixed rate changed too this week when it averaged 6.06% with an average 0.5 point, up from last week when it only averaged 6.03%. A year ago, the 15-year fixed rate averaged 6.06%.

Five-year adjustable-rate mortgages averaged 6.12% this week, with an average 0.5 point. This was up slightly from last week when it averaged 6.11%. At this time last year the 5-year ARM averaged 6.10%.

Buy Real Estate in Belfair Washington now before the rates adjust again! http://peninsulahomeresource.com

Belfair Washington Real Estate Interest Rates are Improving

Roni German — Mon, 17 Sep 2007 18:11:48 +0000

Lower Rates Help Homeowners in Belfair Washington Real Estate market. Freddie Mac announced today the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage averaged 6.31% with an average 0.5 point for the week ending September 13, 2007. This is down from last week when it averaged 6.46%. At this time a year ago the 30-year fixed rate averaged 6.43%.

The 15-year fixed rate was announced to average 5.97% with an average 0.4 point. Again down from last week when it averaged 6.15%. Things are improving. A year ago, the 15-year fixed rate averaged 6.11%.

Five-year adjustable-rate mortgages averaged 6.17% with an average 0.6 point. Also down from last week when it averaged 6.32%. A year ago, the 5-year adjustable rates averaged 6.10%. http://peninsulahomeresource.com

Interesting Facts About Mortgages and Real Estate in Belfair Washington State

Roni German — Thu, 13 Sep 2007 17:18:20 +0000

Rates, Stats and Facts to Know about in Belfair Washington Real Estate!Housing Starts: 1,381,000(July) down from 1,467,000 last month.New Home Sales: 834,000(June) down from 893,000 last month.Fed Funds Rate: 5.25%(June) even with last meeting.Prime Rate: 8.25%(June) even with last meeting.

Inflation Rate: 2.69%(June) even with last month.

Unemployment: 4.6

http://peninsulahomeresource.com

Belfair Washington Real Estate Market Per Ken Stinnett of Cascade Residential Mortgage Co.

Roni German — Wed, 12 Sep 2007 18:19:44 +0000

To understand Belfair Washington Real Estate markets you must know some of the following. Despite bubble talk, home appreciation keeps rising. The days of fast growth in home prices are cooling off, but you wouldn’t know that by looking at the appreciation of home values across the nation in the fourth quarter of 2005.Values rose at an annual rate of 13.6% with nearly half of the nation’s major metropolitan regions reporting double-digit growth rates for the median prices of existing single-family homes, according to the figures released by the National Association of Realtors. In fact the rates rose 31% in Belfair Washington Real Estate alone!In fact in the last quarter alone, homes appreciated at a tremendous pace mostly because of the tight supply of existing homes in the market place.“These historically high home-price gains are the result of more buyers than sellers in the market,” says Lereah. “The good news is that the supply of homes on the market has been trending up and we are entering a period of a more normal balance in supply and demand.”

The softening of the housing market doesn’t mean home values will plummet. In fact we aren’t seeing that in the Belfair Washington Real Estate market. And the National Association of Realtors president, Thomas M. Stevens, predicts housing values will keep at a high plateau because of consumers’ demands for housing.

“The children of the baby boom generation, often called the ‘echo-boomers,’ are the second largest generation in U.S. history and are just entering the period in which people typically buy their first home. Along with a strong immigrant impact, and the boomers themselves who remain in peak earnings years, this means the need for housing will stay strong over the next decade and long-term prices will continue to rise,” Stevens says.

The national median existing single-family home price hit $213,000 in the fourth quarter of this year , compared to $187,500 in the same quarter 2004. A record 72 of the 145 metropolitan areas surveyed by NAR showed a double-digit percentage rise in home prices. Only six areas posted modest declines. The previous record for areas showing double-digit price growth was 69 regions in the third quarter of 2004. The median is the point at which half of the homes sold for more and half sold for less.

Leading the nation in price increases once again is the arid desert region of Phoenix-Mesa-Scottsdale, Ariz. The median price in the fourth quarter hit $268,400, an increase of 48.9 percent from the same quarter last year. People like it hot apparently.

The more-humid Florida boasts the second- and third-hottest growth markets during the fourth quarter of this year. The median price for a home in the Cape Coral-Fort Myers, Fla., market came in at $293,100. This is up 48 % from the fourth quarter of 2004. The Orlando, Fla., metro hit $261,800, a 42 percent jump over the same quarter 2004.

Regionally, the West saw the highest bump up in home values. Yeah for Washington State!! Existing home prices rose 18.2 percent to a median price of $328,500 in the West. Homes in the Midwest rose by 11 percent to $167,600; home values in the South climbed 9.2 percent to $185,300, and the Northeast’s home values grew 8 percent to a median home price of $240,300.

The most expensive homes in the nation are still in California. Big surprise. They also have the best weather historically speaking. Residents of the San Jose-Sunnyvale-Santa Clara, Calif., metro shop a housing market where the median price for an existing home is $747,000, and in San Francisco the price is $718,700.

Shopping for a bargain? Resale prices were lowest in Danville, Ill., where the median price is $63,800. But who really wants to live there??

And then there are the New addition: Condos

Beginning with this report, the National Association of Realtors is reporting the pricing changes on condos and cooperatives in 51 markets. Co-ops are included in the condo numbers. The national median condo price was $228,200, during the fourth quarter, which is 12.3 percent higher than a year ago. The national condo price is higher than the median single-family home because of the high concentration of condos in the most expensive metropolitan regions, says Lereah.

The best growth rate for condos was in the same region as the No. 1 growth for single-family homes — the Phoenix-Mesa-Scottsdale area — where condo prices jumped 50.9 percent from 2004 to $175,600. The most expensive condos are in the San Francisco-Oakland-Fremont, Calif., metro with the median prices at $616,800.

Ken Stinnett

Cascade Residential Mortgage, LLC

Office 503-892-0011

Fax 503-892-0055

Cell 503-519-4045

eFax 503-914-1594

email ken@cascade-rm.com

Draft created on June 15, 2007 at 1:10 pm

Roni German — Mon, 02 Jul 2007 21:56:37 +0000

Peninsula Real Estate hires only full time licensed Realtors

Roni German — Fri, 04 May 2007 13:49:50 +0000

Peninsula Real Estate hires only full time licensed Realtors dedicated to deliverying outstanding service to you and anyone you refer to us. We specialize in a different aspect of the real estate business, which enables us to provide you with a level of service and compentency far beyond that of the traditional Realtor. Our Realtors have in-depth training which includes special real estate courses such as: Real Estate Practice, Real Estate Law, Finance, Economics, Property Management, Investment Alalysis, Taxation,Real Estate Exchanges and Specialized Computer Software. If you are looking for knowledge, experience, professionalism, integrity and personal service in a real estate transaction, Peninsula Real Estate is the company to contact. We strive to make each transaction a wonderful experience for all parties involved.