Saturday, April 17, 2010

Savvy Seattle Women

Savvy Seattle Women are here! Introducing the formation of a new network for women home owners, based right here in West Seattle. Savvy Seattle Women (SSW) seeks to be a free and impartial resource women can call on for expert advice and referrals, much like a trusted friend. We are local women offering each other support, information, referrals and other resources related to home ownership.

The nucleus of SSW is a group of six professional women, lead by me, dedicated to helping other women achieve and maintain their goals of home ownership. With the exception of the founders, membership is informatl and free. The primary services we currently provide are: monthly workshops, professional referrals, and online advice and support via our own social network, which you can access at http://www.savvyseattlewomen.ning.com/.

Mark you calendar for our inaugural workshop, titled: 7 Invaluable Home Owner Tips.
Tuesday, June 1st 6:30-8PM at the Prudential office in Jefferson Square. This is a no-cost event and the presenters are strictly prohibited from selling products or services. Although SSW is geared toward women, the general public is welcome at all our events.

Information about SSW can also be found at: http://www.womenhomeowners.com/  Just type the zip code 98116 in the search box on the first page.

The founding members of SSW are:
Back row, left to right: Sharon Best, Kelli Strand, Lori Richmond, Laurie Aull.
Front Row, Alice Kuder, Diane Moorman

Current mortgage loan rates

Here is your weekly update on mortgage loan rates and programs, courtesy of Troy Chambers, loan officer for Arboretum Mortgage.

Rates Are Steady!

After a couple of weeks of bouncing around, it seems as though rates have settled in at a nice low level. Even after the government announced that they are stopping the purchase of mortgage backed securities, rates have not spiked as some had guessed. It is still a very good time for a new purchase, or a refinance! Please feel free to contact my cell phone at any time at 425-418-5103. I will be available all through the weekend as well.

Troy Chambers

Arboretum Mortgage
Phone: 206-720-6628
Fax: 206-860-9340

Table of loan rates.

Sunday, April 11, 2010

Interesting survey results. Do you agree?

Reprinted from: Daily Real Estate News April 7, 2010
Survey: Americans Prefer Owning Over Renting

Despite the challenges facing the housing market, 65 percent of Americans would still prefer to own a home rather than rent, according to a Fannie Mae national housing survey.

In addition, 43 percent of respondents cite safety as a key reason to buy, while 33 percent are motivated to buy because they perceive schools to be better in neighborhoods where most homes are owned by their residents.

The survey results released Tuesday show that both buyers and renters are more cautious than they used to be. About 23 percent of renters say they will buy a home, but later than they once hoped.

A full 70 percent said they believe buying a home continues to be one of the safest investments available. This compares to 74 percent who think putting money into a bank account is safe. Only 17 percent believe buying stocks is a safe investment.

Also, 60 percent believe that it will be harder for them to get a mortgage to purchase a home than it was for their parents.

Source: Fannie Mae National Housing Survey (04/06/2010)

Queen Anne Open House

Open today, April 11th, from 10A-Noon. Cozy studio co-op apartment at the foot of Queen Anne Hill, just steps from Key Arena! This terrific little hide-away comes completely furnished, including a full-size Murphy Bed. Just $119,999. 7 Harrison Street, #15. MLS #30532.

Fauntleroy View Home--Open House today

I can't believe this house is still on the market! Currently listed at $780,000 the seller is willing to look at all offers. The address is 8801 Fauntleroy Way SW. It is a 4 bedroom, 2.75 bath home overlooking Fauntleroy Cove. Worried about parking? No problem. This property has its own 1-car garage, plus off-street parking for two additional cars.

Open for your viewing pleasure today from 1-4PM. Stop by and pick up a coupon for a free ice cream cone at West Seattle's own Husky Deli. Yum!