homefinders weekend nov 24-26, 2011

1
Weekend Realtor’s Corner by North Central Washington Association of Realtors Board of Directors You need an Industry Expert in this Market From the KCM Blog, www.kcmblog.com In today’s real estate market, it is easy to get confused. There seems to be an overabundance of information and much of it seems to be conflicting. As an example, we offer you two headlines that appeared within 24 hours of each other last week. National Delinquency Rate Falls to Lowest Level in Three Years - Mortgage Bankers Assoc. 11/17/2011 Second Consecutive Increase in First Mortgage Default Rates - Standard & Poors 11/18/2011 (Remember, foreclosures impact home values and the cost of mortgage mon- ey. This makes current delinquency rates an extremely important data point.) Though these headlines seem to be saying opposite things, both are actually correct. Each report was looking at different data points over different periods of time. In their article regarding the MBA report, DSNews explains: “Industry data released Thursday indicates the number of borrowers in the United States behind on their mortgage payments is showing signs of improving. The Mortgage Bankers Association (MBA) reported that the national delinquency rate for residential home loans fell to 7.99 percent in the third quarter.” In their post, S&P claims: “First mortgage default rates rose from 1.99% in September to 2.08% in October.” Bottom Line Make sure you are dealing with local real estate and mortgage professionals. They will help you and your family decipher the hordes of information available so you can truly understand your best options. Eagle Home Mortgage fc Fri. 10-21 2x2 class. Karen Norlin Loan Officer cell 509-679-9966 NMLS/MLO#92059 1114 N. Mission St., Ste A Wenatchee, WA 98801 509-888-4001 1-877-832-3036 www.eaglehomemortgage.com Universal American Mortgage Company LLC. dba Eagle Home Mortgage of Washington. NMLS #805025. CL#803540 This is not a commitment to lend. Not all applicants will qualify. All rights reserved. Stacey Torres Director of 1 st Impressions Becca Thompson Loan Coordinator Kim Dennis Processor 1250 N. Wenatchee Ave., Suite G, Wenatchee, WA 98801 Visit us online at www.magloans.com Office 509-470-7800 Toll Free 1-877-264-5510 Fax 509-470-7801 CL-216869 Thinking of Buying a Home? Act Now While Rates Remain at Historic Lows! Broad Range of Loan Options FHA VA Conventional 100% USDA Home Path Reverse Mortgage ● 203K Funds for Renovating First-Time Home Buyer Programs Get Pre-Approved Today! Traci Dry Branch Manager MLO-89226 Mortgage Advisor Cell: 509-670-6767 Veronica Berry MLO-109264 Mortgage Advisor Cell: 509-264-4393 Kim Witherspoon MLO-264433 Mortgage Advisor Cell: 509-264-0674 Jason Austin MLO-83289 Mortgage Advisor Cell: 509-669-0821 Janie Shrader MLO-39052 Mortgage Advisor Cell: 509-670-4125 Kevin Nelson MLO-121548 Mortgage Advisor Cell: 509-860-7197 Shawn Patterson MLO-390870 Mortgage Advisor Cell: 509-670-4520 Stephanie Matthews MLO-111852 Mortgage Advisor Cell: 509-670-0547 Donaji Maydole MLO-370325 Mortgage Advisor Cell: 509-264-0070 Hablo Español Tanya Waterman Director of 1 st Impressions OPEN HOUSES 135 N. Mission Wenatchee, WA • 509-662-2100 See Our Open Houses and other Fine Listings at www.century21exclusively.com Wenatchee $152,500 1310 Castlerock, #19 Open Sun. 12-2 Coldwell Banker LaVigne Laurie Carlson 393-9010 $283,900 332 Canyon Creek Rd. Open Sun. 2-3:30 Laura Mounter Real Estate & Co. Cindy Smith 664-6278 $294,900 2215 Ashley Brooke Open Sun. 1-3 Premier One Properties Paul Mares 670-2119 Wenatchee $314,500 2110 Sage Grouse Rd. Open Sun. 1-3 Huber homes has built another beauty... 3 bedroom + den and triple garage. Handcrafted cherry wood cabinetry and thick granite counter tops; Very high-end look. Fireplace and covered outdoor living space. Directions: Above Western off 5th. Century 21 Exclusively Betsy Loomis 669-6464 Members of the North Central Washington Association of REALTORS® support local community charities such as the Wenatchee Salvation Army, the Cashmere, Leavenworth and Chelan food banks through the REALTORS® annual “Care & Share” food drive. $395,000 1718 Cinda Court Open Sun. 12-1:30 Laura Mounter Real Estate & Co. Cindy Smith 664-6278 For additional information on these Open Houses visit: www.ncwaropenhouses.com [email protected] Cell 509-679-4132 garymullenrealestate.com Office: (509) 888-3950 Lela C 1-509-322-6060 [email protected] Short Sale Specialist Honesty, Integrity and Experience ~ Buying or selling...together we can unlock your dreams! ~ ~17 years marketing & new construction experience ~ [email protected] 741-2548 Cell REAL ESTATE Bringing Buyers & Sellers Together Darlene Garton Real Estate Specialist 881-1600 Connect to johnlscott.com/wenatcheeoffice 662-4772 1201 N. Wenatchee Ave. This Office independently Owned & Operated Stephen Bishop 679-7004 www.wenatcheepremierhomes.com Sharon Moreland 670-0075 Office: 662-3491 fax: 664-3897 www.premierone.biz 925 Fifth St., Wenatchee • 662-3491 89 SPRINGHILL DRIVE – EAST WENATCHEE PRICE REDUCED!!! Beautifully appointed home offering an open floor plan, 4 bedrooms and 3 baths. Separation of bedrooms offers privacy. Master suite is complete with soaking tub, separate shower and walk-in closet. The covered patio is great for summer barbeques. $299,950. Contact LINDA HANSON @ 630-7338 for more information. MLS # 000000 2154 CITATION LOOP – WENATCHEE Tile entry welcomes you into a living room with vaulted ceiling and fireplace. Master suite is complete with double sink vanity, separate shower, soaking tub and walk-in closet. 3 bedrooms, 2.5 baths, den. family room, large garage RV parking and irrigation water with sod, in-ground sprinklers and fence. Builder offers a 2-10 home warranty. $239,900. Contact LINDA HANSON @ 630-7338 for more information. MLS # 694421 2152 CITATION LOOP – WENATCHEE Popular floor plan with additional shop area and unfinished family room downstairs waiting for your personal touch. Home is complete with a 2-10 builders home warranty and in-ground sprinklers, sod and fence. $232,900. Contact LINDA HANSON@ 630-7338 for more information. MLS # 694420 207 RIVER VALLEY LANE – LEAVENWORTH Build your dream home on this flat acreage with some pine trees. Property is nestled in a lovely area surrounded by beautiful homes and borders 200 feet on the Wenatchee River. $359,900. Contact LINDA HANSON@ 630-7338 for more information. MLS # 695718 701 NE 12TH – EAST WENATCHEE Very tastefully updated tri-level home. Open concept kitchen, dining and living rooms. Wood fireplace. Stainless steel appliances including a double convection oven and custom built wine bar. Master bedroom with master bath and large walk-in closet. You’ll enjoy the family room on the lower level as well as a laundry room with 1/2 bath. $234,900. Contact Jeannie King @ 670-5150 for more information. MLS #696066 HAPPY HOLIDAYS Tana Wood Many thanks to my wonderful customers. I’ve enjoyed helping with all your Real Estate transactions for the past eight years! Plan Your OPEN HOMES TOUR by visiting homes.wenatcheeworld.com

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Page 1: HomeFinders Weekend Nov 24-26, 2011

WeekendWeekend

Realtor’sCorner

by North Central WashingtonAssociation of Realtors Board of Directors

You need an Industry Expert in this MarketFrom the KCM Blog, www.kcmblog.com

In today’s real estate market, it is easy to get confused. There seems to be an overabundance of information and much of it seems to be confl icting. As anexample, we offer you two headlines that appeared within 24 hours of each other last week.

National Delinquency Rate Falls to Lowest Level in Three Years

- Mortgage Bankers Assoc. 11/17/2011

Second Consecutive Increase in First Mortgage Default Rates

- Standard & Poors 11/18/2011(Remember, foreclosures impact home values and the cost of mortgage mon-ey. This makes current delinquency rates an extremely important data point.)

Though these headlines seem to be saying opposite things, both are actually correct. Each report was looking at different data points over different periods

of time.

In their article regarding the MBA report, DSNews explains:

“Industry data released Thursday indicates the number of borrowers in the United States behind on their mortgage payments is showing signs of improving. The Mortgage Bankers Association (MBA) reported that the national delinquency rate for residential home loans fell to 7.99 percent in the third quarter.”

In their post, S&P claims:

“First mortgage default rates rose from 1.99% in September to 2.08% in October.”

Bottom Line

Make sure you are dealing with local real estate and mortgage professionals. They will help you and your family decipher the hordes of information available so you can truly understand your best options.

Eagle Home Mortgage fc Fri. 10-21 2x2 class.Toni—Proof—live ad change RD1021.104500.2x2.KarenNorlin

Karen NorlinLoan Offi cer

cell 509-679-9966NMLS/MLO#92059

1114 N. Mission St., Ste AWenatchee, WA 98801

509-888-4001 • 1-877-832-3036www.eaglehomemortgage.com

Universal American Mortgage Company LLC.dba Eagle Home Mortgage of Washington. NMLS #805025. CL#803540This is not a commitment to lend. Not all applicants will qualify. All rights reserved.

Stacey Torres Director of 1st Impressions

Becca Thompson Loan Coordinator

Kim Dennis Processor

1250 N. Wenatchee Ave., Suite G, Wenatchee, WA 98801 Visit us online at www.magloans.com

Office 509-470-7800 Toll Free 1-877-264-5510 Fax 509-470-7801 CL-216869

Thinking of Buying a Home? Act Now While Rates Remain at Historic Lows!

Some of what we offer:

Broad Range of Loan Options

FHA ● VA ● Conventional ● 100% USDA ● Home Path Reverse Mortgage ● 203K Funds for Renovating ● First-Time Home Buyer Programs

Get Pre-Approved Today!

Traci Dry Branch Manager MLO-89226 Mortgage Advisor Cell: 509-670-6767

Veronica Berry MLO-109264 Mortgage Advisor Cell: 509-264-4393

Kim Witherspoon MLO-264433 Mortgage Advisor Cell: 509-264-0674

Jason Austin MLO-83289 Mortgage Advisor Cell: 509-669-0821

Janie Shrader MLO-39052 Mortgage Advisor Cell: 509-670-4125

Kevin Nelson MLO-121548 Mortgage Advisor Cell: 509-860-7197

Shawn Patterson MLO-390870 Mortgage Advisor Cell: 509-670-4520

Stephanie Matthews MLO-111852 Mortgage Advisor Cell: 509-670-0547

Donaji Maydole MLO-370325 Mortgage Advisor Cell: 509-264-0070

Hablo Español

Tanya Waterman Director of 1st Impressions

OPEN HOUSES

135 N. Mission Wenatchee, WA • 509-662-2100

See Our Open Houses andother Fine Listings at

www.century21exclusively.com

Wenatchee$152,500 1310 Castlerock, #19 Open Sun. 12-2 Coldwell Banker LaVigne Laurie Carlson 393-9010

$283,900 332 Canyon Creek Rd. Open Sun. 2-3:30 Laura Mounter Real Estate & Co. Cindy Smith 664-6278

$294,900 2215 Ashley Brooke Open Sun. 1-3 Premier One Properties Paul Mares 670-2119

Wenatchee$314,500 2110 Sage Grouse Rd. Open Sun. 1-3Huber homes has built another beauty... 3 bedroom + den and triple garage. Handcrafted cherry wood cabinetry and thickgranite counter tops; Very high-end look. Fireplace and covered outdoor living space. Directions: Above Western off 5th.Century 21 Exclusively Betsy Loomis 669-6464

Members of the North Central Washington Association of REALTORS® support local

community charities such as the Wenatchee Salvation Army, the Cashmere, Leavenworth and Chelan food banks through the REALTORS® annual “Care & Share” food drive.

$395,000 1718 Cinda Court Open Sun. 12-1:30 Laura Mounter Real Estate & Co. Cindy Smith 664-6278

For additional information on these Open Houses visit:www.ncwaropenhouses.com

[email protected] 509-679-4132garymullenrealestate.com

Office: (509) 888-3950

Lela [email protected]

Short Sale SpecialistHonesty, Integrity and Experience

Lela [email protected]

~ Buying or selling...together we can unlock your dreams! ~~17 years marketing &

new construction experience ~

[email protected]

~ Buying or selling...together we can unlock your dreams! ~~17 years marketing &

new construction experience ~

[email protected]

741-2548 Cell

R E A L E S TAT E

Bringing Buyers & Sellers TogetherDarlene GartonReal Estate Specialist

881-1600Connect to johnlscott.com/wenatcheeoffice • 662-4772 • 1201 N. Wenatchee Ave.This Office independently Owned & Operated

Stephen Bishop679-7004

www.wenatcheepremierhomes.comSharon

Moreland670-0075

Office: 662-3491fax: 664-3897

www.premierone.biz925 Fifth St., Wenatchee • 662-3491

89 SPRINGHILL DRIVE – EAST WENATCHEEPRICE REDUCED!!! Beautifully appointed home offering an open floor plan, 4 bedrooms and 3 baths. Separation of bedrooms offers privacy. Master suite is complete with soaking tub, separate shower and walk-in closet. The covered patio is great for summer barbeques. $299,950. Contact LINDA HANSON @ 630-7338 for more information. MLS # 000000

2154 CITATION LOOP – WENATCHEETile entry welcomes you into a living room with vaulted ceiling and fireplace. Master suite is complete with double sink vanity, separate shower, soaking tub and walk-in closet. 3 bedrooms, 2.5 baths, den. family room, large garage RV parking and irrigation water with sod, in-ground sprinklers and fence. Builder offers a 2-10 home warranty. $239,900. Contact LINDA HANSON @ 630-7338 for more information. MLS # 694421

2152 CITATION LOOP – WENATCHEEPopular floor plan with additional shop area and unfinished family room downstairs waiting for your personal touch. Home is complete with a 2-10 builders home warranty and in-ground sprinklers, sod and fence. $232,900.Contact LINDA HANSON@ 630-7338 for more information. MLS # 694420

207 RIVER VALLEY LANE – LEAVENWORTHBuild your dream home on this flat acreage with some pine trees. Property is nestled in a lovely area surrounded by beautiful homes and borders 200 feet on the Wenatchee River. $359,900. Contact LINDA HANSON@ 630-7338 for more information. MLS # 695718

701 NE 12TH – EAST WENATCHEEVery tastefully updated tri-level home. Open concept kitchen, dining and living rooms. Wood fireplace. Stainless steel appliances including a double convection oven and custom built wine bar. Master bedroom with master bath and large walk-in closet. You’ll enjoy the family room on the lower level as well as a laundry room with 1/2 bath. $234,900. Contact Jeannie King @ 670-5150 for more information. MLS #696066

HAPPY HOLIDAYS

Tana Wood

Many thanks to my wonderful

customers. I’ve enjoyed helping

with all yourReal Estate transactionsfor the pasteight years!

Plan YourOPEN HOMES TOUR

by visitinghomes.wenatcheeworld.com