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Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
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Seattle June Home Sales Highest in Five Years
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO TAKE IT TO THE NEXT LEVEL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Seattle June Home Sales Highest in Five Years
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Seattle June Home Sales Highest in Five Years

August 14, 2012 (Shirley Allen)

Monthly sales of new and resale homes in the Seattle area were at their highest level in five years during June, exceeding last year’s tally by over ten percent, while home prices improved year-over-year for the third consecutive month according to real estate information provider DataQuick.

A total of 4,886 new and resale homes and condos closed escrow in the Seattle-Tacoma-Bellevue metro area in June. Sales were 4.6 percent higher than the 4,671 homes sold in May, and were 10.5 percent higher than the 4,423 homes sold in June of 2011.

Home sales in the region typically increase 9.8 percent between May and June but were still 21.2 percent lower than the historical average in the area for the month.

Cash buyers accounted for 23.9 percent of all purchases in June, which was up from 20.9 percent a year earlier. The median price that cash buyers paid for their purchases increased to $256,641, up 17.9 percent from June of 2011.

Absentee buyers, usually investors and vacation home buyer’s, accounted for 17.2 percent of the homes sold in June, down from 25.4 percent a year ago. The median price they paid for their purchases increased to $215,000, up 17.9 percent from June of last year.

The overall median price paid for new and resale homes and condos in June was $289,950, which was up from $281,437 in May and up from $268,000 in June of last year.

The current median price is 20.6 percent below the peak median price of $365,200 in June 2007.

Distressed sales accounted for 37.9 percent of the resale market in June with foreclosures accounting for 14.6 percent of the re-sales, down from 19.3 percent in May, while short sales accounted for 23.3 percent of the area’s re-sales, which was up from 19.3 in May.

Foreclosure activity took a turn for the worse in June with lenders foreclosing on 594 single-family homes and condos, up 13.6 percent from May but still down 45.2 percent from June of 2011.

Tags: Seattle real estate, existing home sales, distressed properties, resale homes, condos, median price

Source:
DataQuick

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
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Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
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THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
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August 14, 2012 (Shirley Allen)

Monthly sales of new and resale homes in the Seattle area were at their highest level in five years during June, exceeding last year’s tally by over ten percent, while home prices improved year-over-year for the third consecutive month according to real estate information provider DataQuick.

A total of 4,886 new and resale homes and condos closed escrow in the Seattle-Tacoma-Bellevue metro area in June. Sales were 4.6 percent higher than the 4,671 homes sold in May, and were 10.5 percent higher than the 4,423 homes sold in June of 2011.

Home sales in the region typically increase 9.8 percent between May and June but were still 21.2 percent lower than the historical average in the area for the month.

Cash buyers accounted for 23.9 percent of all purchases in June, which was up from 20.9 percent a year earlier. The median price that cash buyers paid for their purchases increased to $256,641, up 17.9 percent from June of 2011.

Absentee buyers, usually investors and vacation home buyer’s, accounted for 17.2 percent of the homes sold in June, down from 25.4 percent a year ago. The median price they paid for their purchases increased to $215,000, up 17.9 percent from June of last year.

The overall median price paid for new and resale homes and condos in June was $289,950, which was up from $281,437 in May and up from $268,000 in June of last year.

The current median price is 20.6 percent below the peak median price of $365,200 in June 2007.

Distressed sales accounted for 37.9 percent of the resale market in June with foreclosures accounting for 14.6 percent of the re-sales, down from 19.3 percent in May, while short sales accounted for 23.3 percent of the area’s re-sales, which was up from 19.3 in May.

Foreclosure activity took a turn for the worse in June with lenders foreclosing on 594 single-family homes and condos, up 13.6 percent from May but still down 45.2 percent from June of 2011.

Tags: Seattle real estate, existing home sales, distressed properties, resale homes, condos, median price

Source:
DataQuick

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

August 14, 2012 (Shirley Allen)

Monthly sales of new and resale homes in the Seattle area were at their highest level in five years during June, exceeding last year’s tally by over ten percent, while home prices improved year-over-year for the third consecutive month according to real estate information provider DataQuick.

A total of 4,886 new and resale homes and condos closed escrow in the Seattle-Tacoma-Bellevue metro area in June. Sales were 4.6 percent higher than the 4,671 homes sold in May, and were 10.5 percent higher than the 4,423 homes sold in June of 2011.

Home sales in the region typically increase 9.8 percent between May and June but were still 21.2 percent lower than the historical average in the area for the month.

Cash buyers accounted for 23.9 percent of all purchases in June, which was up from 20.9 percent a year earlier. The median price that cash buyers paid for their purchases increased to $256,641, up 17.9 percent from June of 2011.

Absentee buyers, usually investors and vacation home buyer’s, accounted for 17.2 percent of the homes sold in June, down from 25.4 percent a year ago. The median price they paid for their purchases increased to $215,000, up 17.9 percent from June of last year.

The overall median price paid for new and resale homes and condos in June was $289,950, which was up from $281,437 in May and up from $268,000 in June of last year.

The current median price is 20.6 percent below the peak median price of $365,200 in June 2007.

Distressed sales accounted for 37.9 percent of the resale market in June with foreclosures accounting for 14.6 percent of the re-sales, down from 19.3 percent in May, while short sales accounted for 23.3 percent of the area’s re-sales, which was up from 19.3 in May.

Foreclosure activity took a turn for the worse in June with lenders foreclosing on 594 single-family homes and condos, up 13.6 percent from May but still down 45.2 percent from June of 2011.

Tags: Seattle real estate, existing home sales, distressed properties, resale homes, condos, median price

Source:
DataQuick

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS