Tax Advantages of Homeownership

Although tax considerations probably aren't the motivating force behind most home purchases, the tax advantages associated with homeownership are significant enough that they may factor into the decision process. Here's a quick review of federal tax … [Read More]

‘Moderate’ risk of local housing price drop

A national report from PMI Mortgage Insurance Co. states that half of the nation’s 50 largest metropolitan markets have a greater than 50 percent chance that housing prices will drop even lower by the end of the first quarter of 2013. In the … [Read More]

Real Estate News

US real estate recovers as hiring picks up

When real estate developer Joe Sitt went hunting for his latest property, he looked not to New York or London – two cities where his company, Thor Equities, owns upmarket retail spaces – but to Bellevue, Washington, a fast-growing Seattle suburb … [Read More]

StevensSpare

Momentum building as home buyers respond to lower prices, favorable financing

KIRKLAND, WA, June 6, 2011. Northwest Multiple Listing Service members reported a 43 percent increase in pending sales of single family homes and condominiums during May compared to the same month a year ago. Sellers accepted offers from 7,509 buyers … [Read More]

Edmonds

Foreclosures accounting for fewer Seattle home sales

Homes owned by banks or in some stage of foreclosure are a smaller share of sales these days in the Seattle area, according to a new report.Such homes accounted for 15 percent of the area's sales in the first three months of this year, down from … [Read More]

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