Archives
February 2009
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748 Vashon Pl NE Renton, WA 98059
Price: $549,818
Bedrooms: 6
Bathrooms: 5
Year Built: 1998
Square Feet: 5050
MLS: 28036464
Description: This grand home offers all the space you'll ever need! The main floor boasts formal living & dining rooms as well as a large kitchen, family room, powder room & office. Upstairs you will find 2 guest bedrooms & 2 master suites! The lower level is complete with its own kitchen, family room, master bedroom, guest bedroom, a 2nd laundry room & a bathroom. The wrap around porch overlooks a spacious private backyard. The home sits on a private dead end street. The three car garage
is 900 square feet!
For More Information Visit: http://www.davidjedwards.com/20545.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=20545
Driving Directions: From I-405, Take WA 900 E, Exit 5 to NE Park Ave/Sunset Blvd. Turn Left onto Park DR/WA900. Turn right onto Coal Creek Prkwy/Duvall/138th Ave SE. Turn Right onto NE 8th St. Turn Left on Vashon PL NE.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR®
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty
specializing in Residential Real Estate for buyers and sellers.
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Date: Feb. 26, 2009
Tags: None
20623 SE 198th St Renton, WA 98058
Price: $789,000
Bedrooms: 4
Bathrooms: 3.25
Year Built: 1985
Square Feet: 4330
MLS: 28183038
This beautiful four bedroom home sits on five acres of fenced land complete with mature landscaping, a large stand alone shop and a separate stable. The home has undergone $50,000 in renovations and benefits from a new roof as well as fresh paint and new flooring throughout. Boasting a kitchen with double ovens as well as a formal living room, family room, loft, den, recreation room and billiards room, this home provides functional space for every need.
For More Information Visit: http://www.davidjedwards.com/31046.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=31046
Driving Directions: SE Renton Maple Valley Rd/WA 169. Turn Right onto 196th Ave SE. Turn Left onto SE 192nd St. Turn Right onto 208th Ave SE. Turn Right onto SE 198th St. End at 20623.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR®
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty
specializing in Residential Real Estate for buyers and sellers.
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666 Shelton Avenue NE, Renton, WA, 98056
Price: $199,818 Price Reduced
Bedrooms: 4
Bathrooms: 1
Year Built: 1953
Square Feet: 1540
MLS: 28172796
Description: This Cosmetic Fixer Is Priced Well Below Comparable Properties And Is Ready For A Buyer Who Is Willing To Put In A Little Elbow Grease For A Place To Call Home,
Rent Or Flip. - County: King - City: Renton - Schl Dist: Renton - Acres: 0.157
For More Information Visit: http://www.davidjedwards.com/28172796.asp
Driving Directions: From 405, Take WA-900 E Exit to PARK AVE N/SUNSET BLVD NE. Turn LEFT on NE PARK DR/WA-900. Turn RIGHT on NE 10TH ST. Turn RIGHT on MONROE AVE NE. Turn LEFT on NE 7TH ST. Turn RIGHT on SHELTON AVE NE.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR®
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty
specializing in Residential Real Estate for buyers and sellers.
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372 Shangrila Way Northwest, Issaquah, WA, 98027
Price: $338,818
Bedrooms: 2
Bathrooms: 2.50
Year Built: 2003
Square Feet: 1090
MLS: 28079287
You've worked hard to make your dreams come true, and now you want a home that fits your active lifestyle. You're looking for the right setting, the right design, the right community - you're looking for Ascent. This charming townhome is the finest value in the Talus community. Nestled among a natural preserve on Cougar Mountain, you'll live among quiet rural beauty while being
only moments away from the conveniences of Issaquah.
For More Information Visit: http://www.davidjedwards.com/23614.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=23614
Driving Directions: From I-90, Take Exit 15. Head South on SR 900. Turn right onto Talus Drive. Turn right onto Shangri La Way NW. Home is on right.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR®
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
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19117 SE 43rd St Issaquah, WA 98027
Price: $674,950
Bedrooms: 4
Bathrooms: 2.5
Year Built: 1982
Square Feet: 2440
MLS: 28183038
Boasting Waterfront Beach Rights & 4 Large Bedrooms This Home Has It All! This Elegant Property Sits On A Quiet Street In An Established Neighborhood. It's Been Upgraded With Custom Paint, A Wine Refrigerator & A Barbecue Gas Line On A Patio Overlooking A Large Fully Landscaped Private Yard. There Is A Gas-Ignited-Wood-Burning Fireplace In The Family Room & A Steam Shower In The Master Suite. You'll Love The New Carpet, Granite Counter, Surround Sound, Access To Freeways & Issaquah Schools. - County: King - City: Issaquah - Schl Dist: Issaquah - Acres: 0.202
For More Information Visit: http://www.davidjedwards.com/30163.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=30163
Driving Directions: From I-90, Take Exit 13, Take the ramp toward W. Lake Sammamish PKWY SE, Turn RIGHT on W LK Sammamish, Left on 188th Ave, Right on SE 42nd PL, 42nd PL becomes 191st, 191st becomes SE 43rd St.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR®
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
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9316 Maple Ave SW Lakewood, WA 98499-2135
Price: $209,818
Bedrooms: 4
Bathrooms: 1
Year Built: 1950
Square Feet: 1693
MLS: 28182500
This home is move-in-ready & features a large kitchen with dinette area that leads out to an expansive decking system & private yard. The home's interior has been freshly painted & upgraded with new carpet throughout. The home boasts 4 bedrooms, 1 bathroom and a fireplace that will keep you warm on cold winter nights.
This house is available to purchase for $209,818 or to rent for $1,595 a month.
If the option to buy is chosen, the terms would be a $209,818 purchase price after two years with a $4,995 down payment and$1,595 per month which includes $200 towards the purchase price.
For More Information Visit: http://www.davidjedwards.com/28182500.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=30115
Driving Directions: -5 South, Take EXIT 129 to SO 72 ST/SO 84 ST, Take the 74 ST WEST ramp, RIGHT on 74TH ST W, 74TH ST becomes CUSTER RD W, CUSTER RD becomes ARDMORE DR SW, RIGHT on FLORA ST SW, Turn LEFT on MAPLE.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR®
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty
specializing in Residential Real Estate for buyers and sellers.
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Date: Feb. 20, 2009
Tags: None
253 North 3rd St, Buckley, WA, 98321
Price: $$189,818
Bedrooms: 3
Bathrooms: 1
Year Built: 1972
Square Feet: 1200
MLS: 28182481
This Home Is Move-In-Ready & Features A Large Kitchen With Dinette Area That Leads Out To A Patio & Private YardComplete With A Fire Pit And A Full Fence. This Home's Interior Has Been Freshly Painted & Upgraded With New Carpet& Laminate Flooring. The Home Boasts 3 Bedrooms, 1 Bathroom And A Fireplace That Will Keep You Warm On Cold Winter Nights.Owner Financing Is Available! - County: Pierce - City: Buckley - Schl Dist: White River - Acres: 0.165
For More Information Visit: http://www.davidjedwards.com/30111.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=30111
Driving Directions: From Hwy 410, Left onto S 3rd St. End at 253 N 3rd St.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David J Edwards
Real Estate Agent & REALTOR®
The David J Edwards Team
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty
specializing in Residential Real Estate for buyers and sellers.
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I've studied the parts of the stimulus package with a direct impact on the housing situation. I have come to realize that there is much more to come that will help unclog the pipeline and get capital flowing into housing again. Here are some of the current highlights:
The loan limits will be raised to $727,000 in high cost areas.
The tax credit will be raised from a $7,000 tax credit that has to be paid back to an actual credit of $8,000 that does not have to be paid back.
Interest rates have come down 125-150 basis points
The bill has over $50 billion in it for foreclosure mitigation. Geitner's Treasury plan signals that the second half of TARP and TALF will be used to mitigate foreclosures through a government guarantee. They will drive down interest rates and buy another $200-$300 billion of mortgage paper.
Fannie Mae has just agreed to lift the cap of 4 investment properties eligible for loans and raise it to 10.
What the housing industry did have, was preserved. This is something some tend to forget. Everything goes onto the table when these negotiations take place. Mortgage interest deductability, real estate tax deductability, and the $250,000/$500,000 capital gains exclusion will all remain in effect.
There was discussion of a $15,000 tax credit and a $22,000 Homebuilders credit as well as a 5 year loss carryback deal, but these ideas were considered too rich for this program.
David J Edwards
REALTOR
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
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McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 5.25 percent with an average 0.8 point for the week ending February 5, 2009, up from last week when it averaged 5.10 percent. Last year at this time, the 30-year FRM averaged 5.67 percent.
The 15-year FRM this week averaged 4.92 percent with an average 0.8 point, up from last week when it averaged 4.80 percent. A year ago at this time, the 15-year FRM averaged 5.15 percent.
Five-year Treasury-indexed hybrid adjustable-rate mortgages (ARMs) averaged 5.26 percent this week, with an average 0.6 point, down slightly from last week when it averaged 5.27 percent. A year ago, the 5-year ARM averaged 5.21 percent.
One-year Treasury-indexed ARMs averaged 4.92 percent this week with an average 0.5 point, up from last week when it averaged 4.90 percent. At this time last year, the 1-year ARM averaged 5.03 percent.
David J Edwards
REALTOR
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
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Date: Feb. 7, 2009
Tags: None
Due to the efforts of the National Association of REALTORS® and specific members of Congress, we are making significant progress in regards to housing provisions in the National Economic Stimulus Bill.
Last week, the US House of Representatives passed the American Recovery and Reinvestment Act (H.R.1). This bill has some key provisions that will stimulate the housing market:
It will restore FHA, Fannie Mae and Freddie Mac to 125 percent of median home prices - up to $729,750
It would eliminate the repayment provision for the $7,500 first time home buyer tax credit
It expands tax-exempt housing bonds
Two days ago, the Senate approved an amendment to their bill that offers up to a $15,000 tax credit to people that purchase a home in the next year. The credit would apply to anyone, not just first time homebuyers and you would not need to repay the credit. The credit is based on 10% of the purchase price of the home and the credit is spread over two years. So for example, if you buy a house with a purchase price of $300,000, you would qualify for the maximum credit of $15,000. The first year you claim the credit, you receive $7,500, and you would receive the remaining $7,500 the next year.
David J Edwards
REALTOR
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
Fax: 425-902-1899
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/real-estate-blog.asp
Mobile Site: http://davidjedwards.mofuse.mobi
Community Reports: http://www.topmarketer.net/CSR/CSReport.aspx?CV4GU5KAYOEF
David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.
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Date: Feb. 4, 2009
Tags: None
KIRKLAND, Wash. (Jan. 22, 2009) – Members of Northwest Multiple Listing Service tallied nearly $20 billion in sales of single family homes and condominiums during 2008. The total reflects closed sales of 54,123 single family homes and condominiums across Northwest MLS Brokers Report $20 Billion in Home Sales During 2008
19 counties in the MLS service area.
Last year’s numbers reflect the market slowdown that started in August 2007 when the “mortgage meltdown” became apparent. Both the dollar volume and number of units sold were down sharply from record-setting activity of 2005-2006. In 2005, NWMLS reported around 103,000 closed sales valued at around $33.7 billion, followed by 96,000 residential sales in 2006 worth around $35.4 billion.
Median prices (half sold for more, half for less) for homes and condos that sold during 2008 were down 6.15 percent area-wide compared with 2007. The area-wide median price for a single family home that sold and closed during 2008 was $316,000 (average was $381,665). Condominiums that sold last year had a median selling price of $253,500 (average sales price was $301,065).
Only two counties, Grant and Okanogan, reported slight gains in year-over-year median prices for sales of single family homes and condos combined, while all others experienced declines ranging from 2.2 percent (Cowlitz County) to nearly 11 percent (Jefferson County). Prices in King County, which accounted for 39 percent of the closed sales, fell about 2.3 percent.
MLS figures for single family homes show all counties have had median price gains of 50% or greater since 2002. Single family homes accounted for approximately 84% of the residential units that sold in 2008 and more than 87% of the dollar volume.
In its annual report, Northwest MLS summarized listing activity, pending sales and closed sales. Among some of the findings:
• Members added 137,278 new listings of single family homes and condos to the MLS database during 2008.
• Nearly eight of every 10 transactions (79 percent) were listed by one office and sold by a different office.
• 1,171 single-family homes and 106 condominiums sold for $1 million or more; 598 condos sold for $500,000 or more.
• A Seattle home on Lake Washington fetched the highest sales price at $15.8 million.
• Among condo sales, a penthouse in a downtown Seattle high-rise commanded $9 million, the highest in that category.
• 60% of condos sold during 2008 were in King County, and 76% of condos that sold during 2008 had 2 or fewer bedrooms.
• In the four-county Puget Sound region (King, Snohomish, Pierce and Kitsap), only about 7.3 percent of single family homes sold for under $200,000. Nearly one of every four homes (23.5 percent) in that area sold for $500,000 or more.
• The second quarter was the most active for pending sales; nearly 29 percent of the offers that were made and accepted last year occurred during the April-June timeframe.
• The price of a 3-bedroom home built before 2006 varies widely across the MLS market area. San Juan County topped the list at $575,000, followed by King County at $390,000. The most affordable 3-bedroom homes are in Grant County ($144,250) and Grays Harbor County ($148,000).
• A comparison of prices by school district has Mercer Island as the most expensive. The median price for homes that sold last year in that district was $1,025,000.
Commenting on the 2008 numbers, J. Lennox Scott, chairman and CEO of John L. Scott Real Estate cited five events that “rocked the Puget Sound residential real estate market.”
“The year started with the carryover of the credit crisis from 2007, which continued to impact every aspect of the real estate market,” Scott remarked. “In March, gas prices rose to more than $4.00 a gallon. Next was the demise of Washington Mutual followed closely by the shock of the stock market adjustment in late September that firmly placed the country in a recession. Lastly was the extreme weather in December that kept people in their homes for nearly two weeks. We knew the real estate market was due for slowing in 2008, but no one could have predicted all of these events or the profound effect they would collectively have on the housing economy,” he stated.
Heading into 2009, Scott is upbeat. “We are entering the year of new beginnings: new year, new President, and new attitude. It will also be a year of transition for the housing market that will begin rebuilding itself starting with the more affordable price ranges. We’re seeing some of the lowest interest rates in history which will spur both refinance and home purchase activity in 2009.”
Scott expects the highly anticipated passage of a new housing stimulus package in January will provide critical support to buyers and homeowners. “The greatest opportunities exist for first time buyers, move up buyers and reposition buyers. As these buyer groups make their move in the coming year it will begin the much needed process of rebuilding the housing economy,” according to Scott.
Northwest Multiple Listing Service, owned by its member brokers, is the largest full-service MLS in the Northwest. Its membership includes approximately 28,000 brokers and agents. The organization, based in Kirkland, currently serves 19 counties, mostly in western Washington, plus Grant, Kittitas and Okanogan counties in the central part of the state.
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Date: Feb. 2, 2009
Tags: None
748 Vashon Place NE, Renton, WA, 98059
Price Reduced! Home with 6 Beds, 5 baths, Mother-In-Law Apt & 5,000 Square Feet
748 Vashon Place NE, Renton, WA, 98059
New Price: 548,818
Bedrooms: 6
Bathrooms: 5
Square Feet: 5050
Year Built: 1998
MLS: 28036464
This grand home offers all the space you’ll ever need! The main floor boasts formal living & dining rooms as well as a large kitchen, family room, powder room & office. Upstairs you will find 2 guest bedrooms & 2 master suites! The lower level is complete with its own kitchen, family room, master bedroom, guest bedroom, a 2nd laundry room & a bathroom. The wrap around porch overlooks a spacious private backyard. The home sits on a private dead end street. The three car garage is 900 square feet!
For More Information Visit: www.davidjedwards.com/20545.asp
Virtual Tour: http://www.flyinside.com/tour.php?id=20545
Driving Directions: From I-405, Take WA 900 E, Exit 5 to NE Park Ave/Sunset Blvd. Turn Left onto Park DR/WA900. Turn right onto Coal Creek Prkwy/Duvall/138th Ave SE. Turn Right onto NE 8th St. Turn Left on Vashon PL NE.
If you would like to preview this home, please contact me to arrange for a private showing.
Best Regards!
David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp
David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington.
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