SHORELINE WA REAL ESTATE - SHORELINE WA HOMES FOR SALE - SHORELINE WA REAL ESTATE & CONDOS FOR SALE

Whether you are buying or selling a Shoreline condo, Shoreline single-family, Shoreline multi-family or Shoreline multi-million dollar estate home, I can provide you with the service and knowledge you need to make informed home-buying decisions. I have integrity, honesty & patience to spare for every client. I am detail-oriented, hardworking, & energetic. My mission is to turn your dreams into reality!

A recent article by MarketWatch asks....What do the troubles at Freddie Mac and Fannie Mae mean for borrowers? A leading mortgage expert says: Don't panic. But do pay attention to the news. "If you already have a mortgage that happens to be financed through Fannie Mae or Freddie Mac, I don't think you have anything to be concerned about," says John Bancroft, executive editor of Inside Mortgage Finance. He tells John Wordock: "If you're thinking you might want to refinance that mortgage at some point in the future, then this issue is significant." And if the federal government takes over Freddie and Fannie, Bancroft adds, 'There would be an impact for borrowers down the line. But it would not be as severe an impact if the government were to let the companies blow up."

8 Moves for Home Buyers, Sellers in '08 by Steve McLinden Thursday, January 3, 2008 provided by Bankrate.com Heading into 2008, the market just isn't turning around as so many predicted. The industry, it seems, has been caught up in a game of "projecting," to use a psycho-speak term. Meanwhile, this pesky subprime headache lingers on as we start to draw a clearer picture of how recklessly this shaky housing-market foundation was laid. It's a hangover that will last well beyond New Year's Day.

In contrast to the billions in risky ARM loans that were advanced to questionable borrowers toward the end of the boom years, many credit-worthy buyers are now getting a different kind of arm -- a straight-arm -- when they seek out mortgages amidst a backdrop of spiraling foreclosures and plummeting prices.

My blanket advice for would-be sellers: Stay put. Ride this out where you're sitting if possible, because values will stabilize again. If current circumstances dictate otherwise, then you'll have to ratchet up your marketing plan a notch to adjust to the times. As for buyers: Well, you're "in your element" and the getting is good.

8 strategies for savvy sellers 1. Understand what "market value" means. 2. Don't be an as-is seller. 3. Hire a top performer. 4. Know your market's nuances. 5. Use the Internet. 6. Use other people's money. 7. Become a "lender." 8. Simplify and neutralize.

8 strategies for buyers in a flooded market 1. Negotiate, negotiate. 2. Think local. 3. Don't bank on further market drops. 4. Keep resale potential in mind. 5. Look beyond cosmetics. 6. Consider off-peak sales seasons. 7. Use your buying leverage. 8. Ask for contingencies.

New homes in Shoreline are abundant as Shoreline is Washington's 15th largest city with more than 53,000 residents. It is primarily residential with more than 70 percent of the households being single-family residences. Over the years, the Shoreline community has developed a reputation for strong neighborhoods, excellent schools and abundant parks.

Sales and median prices in Seattle and other Western markets have been impacted in recent months by the credit crunch, which made "jumbo" loans over $417,000 pricier and harder to obtain. In the Seattle area, the number of home purchases financed with jumbo mortgages fell 61 percent in January compared with a year ago, while sales financed with "conforming" loans not exceeding $417,000 fell 33 percent. Before the credit crunch hit last August, jumbo-financed home purchases represented about 16 percent of all Seattle region sales, while in January jumbo-financed deals were 8.7 percent of all sales

North Seattle area homes sold last month at the slowest pace for a January in 13 years but are expected to make a big turn around . The region's median sale price continued to hold up relatively well, but rose only barely less than 1 percent above a year ago. It was the smallest annual gain for the median since 2001.

A total of 2,779 new and resale houses and condos closed escrow in the Seattle-Tacoma-Bellevue metro area encompassing King, Snohomish and Pierce counties. That was down 23.4 percent from 3,627 in December and down 34.2 percent from 4,223 in January 2007, according to DataQuick Information Systems of La Jolla, Calif. The firm tracks real estate trends nationally via public property records.

The home Value in Shoreline and North Seattle is holding its own compared to other cities across the country. This type of market opens up doors for buyers and sellers. Buyers don't need to be hesitant to make an offer that seems a bit high...they're going to get it back! Sellers don't have to feel desperate and can hold their ground when pricing their home right, the first time.

The National Association of Realtors said sales of existing homes rose by 2.9 percent in February to a seasonally adjusted annual rate of 5.03 million units. It marked the first sales increase since last July, but even with the gain sales were still 23.8 percent below where they were a year ago.

Homes for sale in Shoreline, Washington are continuing to stabilize as the spring season draws near. Check out my the buying or selling tips on my web site that can help ease the stress of moving or contact me for a step in the right direction regarding search criteria that meets your needs.

According to the NAR, the North Seattle real estate market is moving at a faster pace than any other city throughout the country, similar in size. "Inventory can not keep pace with the demand".

North Seattle provides a wide range of choices for anyone buying or selling a home in the North Seattle area, offering condos for sale as well as a suburban lifestyle for families. The Seattle area is made up of cities-within-cities that give buyers choices from waterfront or island property to high-rise condos and single family homes.

With Shoreline located north of Seattle ranging from Puget Sound to Lake Washington, it's considered one of the most desirable locations with one of the best school systems in the area. Homes for sale in Shoreline remain a great investment.