Former MyNorthwest.com Content Contributor

Tom Kelly

Tom Kelly was formerly a Content Contributor to MyNorthwest.com.

VA’s streamline refinance comes to the rescue

The VA streamline, known as the Interest Rate Reduction Loan, has no "season" requirement, meaning that borrowers who refinanced recently still are eligible.

13 years ago

Closing cost help for owner-occupied REO buyers

Qualified buyers will be eligible to get up to 3.5 percent of the final sales price covered in closing costs.

13 years ago

Prudential study: Consumers ‘to jump off fence’ in 2014

Of the 2,500 consumers surveyed, 78 percent held a favorable view of real estate, a five-point jump from the previous quarter and 15 points higher than at the end of 2012.

13 years ago

VA loan versatility beneficial to Puget Sound families

While costs of the VA's Loan Guaranty Program can be higher than conventional financing, it's often easier to qualify for the VA's no-down payment programs.

13 years ago

Valentine houses: Consumers admit to ‘home crush’

The survey found that women are more likely than men to have a crush on a home that was out of their financial league.

13 years ago

Mortgage rates slide for fifth straight week

30-year fixed-rate mortgages averaged 4.23 percent, dropping from last week's 4.32 percent average.

13 years ago

Still living with the folks? You’re not alone

One in three young adults - or more than 24 million - lived in homes of their parents or their parents-in-law in 2012.

13 years ago

If you want to flip, sooner is better than later

The average gross profit for a home flip-defined as a home being purchased and subsequently sold again within six months-was $58,081 for all U.S. homes flipped in 2013.

13 years ago

Economists pop housing bubble fears

Following the double-digit growth in home prices last year, Clear Capital economists predict that national home prices will now fall into line with inflation and follow more historical rates of growth.

13 years ago

Five states dominate dwindling foreclosure inventory

Five states now account for nearly half of all the completed foreclosures in the nation -Florida, Michigan, California, Texas and Georgia

13 years ago

As temps plummet, homebuyers search warmer climes

With every 10-degree drop below 41 degrees Fahrenheit, online home searches in metros with warmer climates rose 4.4 percent, and searches for homes in warm vacation spots surged 5.5 percent.

13 years ago

Home essentials: Bedrooms, baths . . . and commute time

The U.S. Census Bureau's American Community Survey published last quarter found 88 percent of American commuters travel to work by car.

13 years ago

Buyers’ gripe at closing: Not enough review time

Other complaints about the closing process involve excessive and redundant paperwork and confusion over the HUD-1 settlement statement.

13 years ago

U.S. metros shine in international affordability study

The study showed that those who pay the most in the world for housing are often getting the least as far as house size.

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13 years ago

Revisiting the true spirit of mother-in-law apartments

The on-again, off-again move to recognize and endorse these spaces, sometimes called "accessory apartments," has increased the number of legal units through grandfather clauses and special exceptions.

13 years ago

Hard hits: Lenders who paid the most for mortgage sins

Some lenders were hit harder than others, but which are suffering the most?

13 years ago

Profit from the slopes: Investors follow skiers

Some investors are finding they don't have to be into skiing or snowboarding to enjoy the benefits of a home in a ski town.

13 years ago

Parking in Seattle nets dollars for homeowners

Properties that reference parking tend to sell for more money, according to an analysis of listing ads by Zillow.

13 years ago

Broker shows bedrooms, baths . . . and how to grow pot

Colorado's new law, which went into effect January 1, also allows homeowners to grow up to six pot plants for personal use.

13 years ago

When does a mother-in-law unit become a primary dwelling?

If you are planning to buy, or rent, in a single-family neighborhood, spend a lot of time talking to neighbors about the area and your new block in particular.

13 years ago

New housing leader expected to expand lending programs

Those in the mortgage industry say Watt is likely to expand federal programs that allow underwater borrowers with loans backed by Fannie Mae and Freddie Mac to lower their interest rates.

13 years ago

Agent hires homeless man to market business

Real estate broker Joe Manzaneres hired the man to hold a sign up that says: "No need for your cash! I'm sponsored by Joe Manzanares."

13 years ago

Lenders push to clear foreclosure backlogs

With tight inventories of homes for-sale in many cities, banks are seeing opportunity in getting repossessed homes back on the market faster for a quick sale.

13 years ago

Research or referral? Income steers loan shopping methods

Higher income borrowers tend to use online shopping about double the amount than lower income borrowers, according to the Fannie Mae study.

13 years ago