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Last week my team locked a client with preferred lender at 3.875% for a 30 year fixed mortgage last week. We can do the same for you and now that the average rate on a 30-year fixed mortgage has hit under 4% now is the time to buy that Seattle area house you have been watching.
The fire sale on Seattle home prices continues, so keep house hunting (use my interactive map which includes my listings) and when you are ready to pull the trigger, contact me.
Home prices rise, but gains may soon end | Ariana Eunjung Cha | Washington Post
Wednesday, September 1, 2010
Prices for single-family homes in major U.S. cities rose a modest 4.2 percent in June from a year earlier, but economists cautioned that the bounce was likely due to a now-expired home-buyer tax credit and that prices would likely fall, perhaps dramatically, in the coming months.
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Las Vegas, where foreclosure signs were seen in practically every neighborhood during the worst of the crisis, remained weak, with prices down 5.2 percent. Prices in Charlotte, Seattle, Tampa and Chicago also fell.
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Nationwide, according to the data released Tuesday, prices are 28 percent off their peak in July 2006, but they are up 6 percent from the low in April 2009.
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