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December signed contracts for homes up 2 percent

The number of people who signed contracts to buy homes rose in December, marking the fifth increase in the past six months. By MARTIN CRUTSINGER, AP Economics WriterRelatedWASHINGTON —  The number of people who signed contracts to buy homes rose...
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Home prices fall in major U.S. cities, including Seattle, in November

Home prices are falling across most of America's largest cities, and average prices in nine major markets, including Seattle, have hit their lowest point since the housing bust. By ALEX VEIGA, The Associated Press RelatedHome prices are falling across...
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Neighborhood of the week: Sammamish Plateau

Sammamish Plateau can feel like two worlds in one -- a modern suburb in a rural setting that has garnered national attention, and a place where home values have held up over the past year. By Jolene Gensheimer COURTNEY BLETHEN RIFFKIN / THE SEATTLE TIMESHomes...
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Relaxed FHA 'flip' rules prove no flop

By Kenneth R. HarneySyndicated columnistRelated WASHINGTON — When you hear the Obama administration plans to extend a policy that allows low down-payment financing of "flipped" houses for 2011, your first reaction might be: no way.  At this stage...
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Mortgage applications rose last week

The number of people applying for a mortgage rose last week as lower rates lured more borrowers to refinance.The Associated PressRelatedNEW YORK — The number of people applying for a mortgage rose last week as lower rates lured more borrowers to...
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Misconceptions about Reverse Mortgages

Myth #1:  You sell your house to the bank: You always keep title to your house and have complete control over it. You will never lose your home due to non-payment of the loan. Once the loan is settled, you are no longer liable for the debt.  Myth...
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Predictions for our Real Estate Market for 2011

 Patrick Doty, Editor, Bellevue Home Team Blog This is the magic question; isn't it?  Everyone wants to know with some predictability whats going to happen.   We all long to feel safer financially than we have in many months if not for...
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Price Points: What you can buy for median price in King Count

By Lisa Pemberton-Butlery                                                                                                                                                            ...
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Purchasing a home with a Reverse Mortgage....great idea for some

Ed Moda,Reverse Mortgage Specialist Email: emoda@acceptancecapital.com Cell: (206)930-5606 Off: (425)458-2651 A Reverse Mortgage is a Government Insured program that was created by the FHA to allow Senior Citizens over the age of 62 to access the equity...
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King County home sales in December strongest since summer

The median price of houses sold in King County in December was $370,000, down 2.6 percent from December 2009's median of $380,000. By Eric PryneSeattle Times business reporterYou've heard of Christmas in July? The real-estate market got just the opposite...
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HUD investigates lenders' fair-housing practices

Federal officials have launched an investigation to determine whether 22 mortgage lenders have been discriminating against qualified African-American and Latino borrowers by denying them government-insured loans.By JACOB ADELMANThe Associated PressRelatedLOS...
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Bellevue Towers developer turns project over to lenders

The region's biggest condo project ever has been transferred to its lenders after the developer sold less than a quarter of its units in almost two years. By Eric Pryne Seattle Times business reporter The new owners of Bellevue Towers announced price...
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Rebates for Appliance Upgrades Offered by PSE

In what's supposed to be a La Nina winter marked by cooler and wetter conditions, the Seattle, Bellevue, and Puget Sound area has been more mild than normal. However, the weather maps are showing changes coming at the beginning of the year, and local...
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Manufactured home with a green twist

A Seattle architect is the "guinea pig" for this manufactured house  By Jesus ChavezThe second of six modules for a unique new home is lifted by a crane to its site on South Lane Street in Seattle. The home's builder says it's the first modular...