NCW Real Estate Blog

FHA claims raising down payments to 5% could cause “double dip” price decline!
The Federal Housing Authority, which insures the vast majority of mortgages being made today, is set to claim in testimony to Congress today that...

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Bear Mountain Golf Course Opening early this year!
The Bear Mountain Golf Course will be opening on March 12th for the season.  In their own words: Bear Mountain Ranch will open Friday March 12 It...

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Update on the “In-Lieu Fee Mitigation Program” for shoreline projects at Lake Chelan
I received an e-mail from Mike Kaputa, the Director of the Chelan County Natural Resources Department, yesterday about happenings on shoreline...

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Are Private Transfer Fees the Developer’s tool for more affordable housing?
Private Transfer Fees are fees that are required to be paid each time a property is sold at closing.  The transfer fee is attached to the property as...

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New Federal Program could put downward pressure on home prices
A new Federal Program aimed at mitigating the “foreclosure crisis” is scheduled to start April 5th.  The program pays those behind in...

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NWMLS sees Northwest Real Estate Market Recovery
The Northwest Multiple Listing Service, which covers 21 counties in Washington and has over 24,000 agent members, believes the market performance...

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Washington State Leading among states with high bank failures!
Washington State has had more bank failures than any other state so far in 2009 with Rainier Pacific in Tacoma being the fourth bank in Washington...

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A visual look at where the TARP money went!
Curious where all that $787 billion in TARP funds went?  So were the people at www.visualeconomics.com. The put together this detailed look at TARP. ...

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Boeing: “Any workplace is not an entitlement”
The Seattle Times has an article where they interviewed Jim Albaugh, chief executive of Boeing Commercial Airplanes on Monday.  He said that the...

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Lake Chelan Real Estate Sales up through February!
The Lake Chelan Residential Real Estate Report is out for February!  The news is not nearly as dismal as the national news has been so far.  Year to...

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On the bright side, Warren Buffet predicts housing problems history in a year
Warren Buffet of Berkshire Hathaway fame predicted on Saturday that the problems in the housing market will all be behind us in a year. [Within] a...

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Nationally, existing home sales fall, construction spending drops and the home buyer tax credit struggles
The NAR reports existing home sales fell 7.2 % in January to levels not seen since June.  The results were well below what analysts expected for...

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Another informed View on what may be coming down the pike, in real estate and beyond!
Brian Brady, America’s Number 1 Mortgage Professional and bright guy, posted his thoughts on where we may be headed on Bloodhound Blog today. ...

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Time to think of the future of your Adjustable Rate Mortgage
The Federal Government is planning to start phasing out their supports for mortgage backed securities this spring.  That means only one direction...

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Case Shiller indicates slowing momentum in the housing market
The latest Case Shiller report showed slowing momentum for the housing market at the end of 2009.  That report is causing confusion among analysts...

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Will the Home Buyer Tax Credit be renewed for a third time?
It’s that time of year.  With 10 weeks yet to run on the current home buyer tax credit, lobbyists are descending on Washington to see if they...

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Crystal View Estates Applies to Expand Marina
Crystal View Estates had applied for a marina expansion with the City of Chelan.  The plan shows expansion from a 20 slip marina to a 118 slip...

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King County Property Taxes going down!
Death, taxes and taxes always going up all seem as sure as the sun rising.  Of course, home prices always went up as well! With the change of that...

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The ease of cheating the First Time Home Buyer Tax Credit, and other stimulus tax credits
I posted on Bloodhoundblog.com about the ease of cheating on the stimulus tax credits.  Here’s an excerpt: Incredibly, the IRS cannot do a lot...

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San Juan Islands a gauge for trouble in the Pacific Northwest Vacation Home Market
Lake Chelan isn’t the only market for vacation home buyers from the Puget Sound area.  The San Juan islands have also been a great market for...

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Another Reason Now is a good time to get your Real Estate Business Done
According to the Wall Street Journal, there are indications that home price reductions are stabilizing a bit right now. That’s good news for...

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Wenatchee Real Estate and Homes Sales Report for January 2010
The January Snapshot report from Pacific appraisals is now available. Sales volume by units is on pace with last year, both years saw 24 homes sold....

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Tuscan Village on the South Shore, stay informed here and on Facebook and Twitter!
You can find information on the Tuscan Village project, by Tsillan Cellars on the south shore of Lake Chelan, on the Tuscan Village web site, on...

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The Aquatics Center and Don Morse Park are on the Chelan City Council Agenda tonight!
The Aquatics Center and Don Morse Park are on the Chelan City Council Agenda tonight! The Aquatics Center folks are going to talk about their final...

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Announcement of 4 day work week from Chelan County Community Development
I received this announcement from Chelan Community Development yesterday afternoon: —IMPORTANT NOTICE— EFFECTIVE MARCH 1, 2010 The...

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