Former MyNorthwest.com Content Contributor

Tom Kelly

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

HUD operates during shutdown; reverse mortgages hit max

The agency is continuing to insure "forward" loans and the home mortgage market continues to be active, especially in Seattle.

13 years ago

Fewer foreclosures: Big investors backing off rentals

"I think the investor market is largely past us," Doug Lebda, chief executive of Lending Tree told CNBC. "People were buying investment properties three, four, five years ago. What I hear is that's slowing now."

13 years ago

Want to see a celebrity? Seattle ranks 5th on new ‘starstruck’ list

The site ranked the cities based on filming activity for movies and TV shows, as well as their music scenes - and just for good measure, it threw in the average rent in each city.

13 years ago

Importance of proper access to your ‘turf’

Approval of the Kitsap couple's home loan was held up until they could get all of their neighbors to sign a road-maintenance agreement detailing who was responsible for maintaining the dirt road in front of their home.

13 years ago

Full disclosure: Bellevue brokerage reveals good, bad, ugly

Coldwell Banker Bain Seal started publishing the unfiltered comments about a month ago. The majority of the comments have been positive, the brokerage says, but a few negative comments - about communication barriers with agents, for example - have also rolled in.

13 years ago

What the wealthy want in home amenities

An open floor plan was cited by 39 percent as the No. 1 preferred amenity.

13 years ago

$50 per foot: Top-notch schools add home value

Redfin's analysis found that even within the same neighborhoods, homebuyers are willing to pay substantially more for homes that fall in a top school district than for homes served by average-ranked schools.

13 years ago

Housing pace might slow but demand ensures strength

Some analysts foresee the pace of the recovery slowing in the coming months, but they don't expect the recovery to come to a halt.

13 years ago

Is Redfin’s ‘whisperer’ the next Value Range Marketing?

Critics of Value Range Marketing said it was merely a way for agents to avoid submitting a listing price that would need to be adjusted upward in a few weeks or days. It also perplexed buyers who thought if they made an offer "within the range" it would be accepted by the seller.

13 years ago

Trespassing? Burglar argues for open-house loophole

 

A judge ruled man did did trespass at the real estate open houses because he used deception to enter the homes.

13 years ago

‘Close to bus line’ pays off in value

Researchers evaluated five years of sales data in several major metros with various public transportation options. They found that homes located within a half-mile of public transportation were valued 41 percent higher than properties located outside that area.

13 years ago

Six safety tips to keep your home secure

Kids come and go at all hours and doors need to be secure and walkways well lit.

13 years ago

Surprise move could ease home loan rates

Ben Bernanke, chairman of the Federal Reserve, shocked the financial world by announcing that the Fed would wait "a little longer" before tapering its $85 billion-a-month bond-purchasing program.

13 years ago

Shopping schools? Zillow rolls out new search tool

"Two of the most important things home buyers tell us they look for in a new home is affordability within their price range, and quality of schools for their children - often with specific schools in mind," said Amy Bohutinsky, Zillow chief marketing officer.

13 years ago

Appraisals hamper 25 percent of home transactions

Some neighborhoods have seen prices rise 25 percent in the past year. The appraisals, however, haven't caught up to reflect the rise in prices, brokers say.

13 years ago

Investors bank on senior housing boom

Investors are banking on a big recovery for the sector and redirecting their assets in anticipation of a senior housing boom.

13 years ago

Till equity do us part? Prices prompt moves

During the housing market crash, home prices fell dramatically in some areas, causing the home in a marriage to become one asset that no one wanted in a divorce because of the large amount of mortgage debt it carried.

13 years ago

Importance of nailing the asking price

There should be some room to negotiate a listing price between what the seller expects and the agent's market data. Yet let's be realistic with the fudge factor.

13 years ago

Ten percent of U.S. homeowners still ‘underwater’

The number of homeowners underwater on their mortgage-owing more than their home is currently worth-continues to drop, but a few metros are still facing a disproportionate number of struggling owners.

13 years ago

Rising rates cause buyers to tap brakes

One Seattle-area couple told Bloomberg that they were in the process of buying a $400,000 home when they learned that their mortgage payment would be about $300 more a month than it would've been in February. That prompted them to put their home search on hold.

13 years ago

Time to revisit vacation rental coverage

Now that Labor Day has wrapped up the last official weekend of the summer season, owners will begin to review how they can improve their vacation rentals for next year's guests.

13 years ago

Going it alone: Singles make up 25 percent of market

Why are so many living alone? People are marrying later, divorcing more, and living longer, sociologists say.

13 years ago

Upkeep puts some golf-course homes on the downswing

Due to lower demand, homes in golf communities reportedly are selling far below the peak prices of the 2000s and have yet to experience the same type of rebound as other areas of the market, Fiscal Times reported.

13 years ago

Live near family? Buyers care more about home size

Homebuyers would rather concentrate on property size, crime rates, school district, and length of commute when shopping for a new home rather than focusing on the distance to other family members, according to a new survey by Trulia and research firm Harris Interactive.

13 years ago