Real Estate News - Seattle Area

$25B settlement reached over foreclosure abuses

Thu, 09 Feb 2012 08:29 GMT

A landmark $25 billion settlement with the nation's top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of foreclosure abuses. But consumer advocates countered that far too few people will benefit.

Rate on 30-year mortgage stays at record 3.87 pct.

Thu, 09 Feb 2012 07:35 GMT

The average rate on the 30-year fixed mortgage stayed at a record low this week, providing some added incentive for those looking to buy a home or refinance.

State's share of mortgage settlement: $648 million

Thu, 09 Feb 2012 06:55 GMT

Washington Attorney General Rob McKenna said the nationwide settlement means the state will receive $455 million for reducing the principal owed by certain borrowers at risk of foreclosure. Another $139 million will go to other relief.

King County homes reach record affordability

Thu, 09 Feb 2012 03:38 GMT

Don't despair: You can still sell your home in a down market

Wed, 08 Feb 2012 18:16 GMT

The best tips to help you sell your house.

Business leaders want to attract young families to downtown

Wed, 08 Feb 2012 16:16 GMT

Downtown Seattle Association working with school district to open elementary school.

Washington among states not yet signing on to mortgage deal

Wed, 08 Feb 2012 00:41 GMT

The long-sought deal would give relief to homeowners and settle investigations into the foreclosure paperwork practices of the five largest mortgage servicers.

More US states to join foreclosure-abuse deal

Tue, 07 Feb 2012 10:46 GMT

Arizona, Michigan and Florida, three of the states hit hardest by the housing crisis, will join a nationwide settlement over foreclosure abuses, officials with direct knowledge say. They will join more than 40 other states in approving a deal that would benefit many Americans who lost their homes or can't afford their mortgages.

Mastro creditors due to get 1 percent of what's owed

Tue, 07 Feb 2012 00:27 GMT

A federal bankruptcy judge has approved distribution of $2.8 million in recovered funds to fugitive Seattle real-estate magnate Michael R. Mastro's many creditors.

King County home prices drop again; median at $315,000

Mon, 06 Feb 2012 14:16 GMT

House prices in King County hit another new post-boom low in January, according to statistics released Monday by the Northwest Multiple Listing Service.

Low home supply isn't helping prices

Mon, 06 Feb 2012 06:53 GMT

Rising rebuild costs force homeowners to boost insurance

Sat, 04 Feb 2012 18:46 GMT

Home values are plummeting but rebuilding costs are not, and many customers don't understand the difference.

Phoenix housing market starting to recover

Sat, 04 Feb 2012 16:43 GMT

House sales in Phoenix rose in November for the 12th straight month on a year-over-year basis, and distressed real estate accounted for the smallest share of purchases since 2008.

To your health: Learning more about building materials' content

Sat, 04 Feb 2012 16:37 GMT

Two men are creating a data base about building materials so consumers can avoid ingredients that might be harmful.

Debt aversion behind remodeling and cocooning by homeowners

Sat, 04 Feb 2012 16:36 GMT

According to federal estimates, owners of existing homes are spending more on renovations than people are spending on buying new homes.

realannual05_chart

Sat, 04 Feb 2012 16:30 GMT

Snapshot of 2011 housing market: More activity, lower prices

Sat, 04 Feb 2012 16:22 GMT

Local mortgage rates

Fri, 03 Feb 2012 16:01 GMT

Rate on 30-year mortgage falls to record 3.87 pct.

Fri, 03 Feb 2012 03:43 GMT

The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.

Is our best-kept secret in northwest Seattle?

Wed, 01 Feb 2012 23:00 GMT