All Blog Entries by Lisa Corelli 
There are currently 43 blog entries published by Lisa Corelli.
February 2012: Puyallup Homeowners Wrestle Back Some Lost Ground Given to the Banks in January While Maintaining A Significant Price Premium
Saturday, March 24th, 2012 at 2:56pm. 92 Views, 0 Comments.
Residential sales in Puyallup for the month of February showed a strong gain over January with 103 units sold. In January, the most notable statistic was that over half of all Puyallup sales were bank owned. Fortunately, Puyallup home owners were able to command 57.3% of the market in February. This was done while maintaining a bit of a price premium compared to their bank owned counterparts. Still, 42.7% of all Puyallup sales were bank owned foreclosures. This is up from the 2011 annual percentage of 38.8%. For detailed information on February’s sales figures, please read below.
The average residential sales price in Puyallup was $181,148 in February and the average square feet for those homes was 1865. Half of the sales in February were under…
53.2% of Puyallup Residential Sales Were Bank Owned In January 2012: Up From 38.8% in 2011.
Saturday, March 24th, 2012 at 2:46pm. 54 Views, 0 Comments.
There is no doubt Puyallup has been hit hard by the housing crisis. In 2011, 38.8% of residential sales in Puyallup were bank owned and another 10.4% were short sales. This accounts to just under half of all sales being bank owned or distressed sales. The impact on real estate prices has been substantial. In the month of January, the average Puyallup residential sale was under $200,000 while the average bank owned sale was under $175,000. While homeowners represent over 90% of the active listings on the NWMLS, they represented less than half of the sales in the month of January. This trend continues to put pressure on homeowners to reduce their price or take their homes off of the market. Current FHA and VA 30 year mortgage rates are under 4%. Buyers…
Mortgage Down Payment Assistance Programs
Tuesday, December 6th, 2011 at 10:45am. 79 Views, 0 Comments.
On occasion I am contacted by potential home buyers who want to purchase a home but are not sure how to come up with the down payment. However, I would guess that for every potential buyer who actually asks this questions there are 10 others who are wondering the same thing but don’t know who to ask. There are many families in the Pierce County area that are qualified to purchase a home and have steady income and good credit but simply don’t have the funds available for a down payment. Fortunately, there are several programs in the Pierce County area that offer assistance to first time buyers! First and foremost, HUD defines a first time buyer as anyone who has not had ownership interest in a property in the most recent 3 years. So even if you have…
Puyallup Condo Short Sales Market Statistics Report for October 2011
Wednesday, November 30th, 2011 at 11:07am. 77 Views, 0 Comments.
Short Sale Condos in Puyallup finished out for the month of October with 29 Active Condo listings with an Average asking price of $97,167. with 1229 Square Foot of living space. Current average market days for short sales in Puyallup are 147 days. That's higher then we've seen in the other residental stats for October. Like I mentionded before Short Sales take a while to negotiate so if you have time and aren't in a hurry to move at a certain time and you have some flexiblility you would be a great candidate for a making an offer on a short sale.
Condominium
2- Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms All Bedrooms
Active
# Units …
Condo Bank Owned Market Statistics Report for Oct 2011
Wednesday, November 30th, 2011 at 10:43am. 62 Views, 0 Comments.
Bank Owned Properties in Puyallup finished out the month of October showing 10 Active Condo Bank Owned listings with the average selling price being $92,546 with an average of 1149 square foot of living space. Wow! great deals right now. Why rent when you can own your own Real Estate in Puyallup.
Condominium
2- Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms All Bedrooms
Active
# Units 8 2 0 0 10
Average List Price $95,183 $82,000 0 0 $92,546
Puyallup Condominium Market Statistics Report for October 2011
Tuesday, November 29th, 2011 at 11:44am. 53 Views, 0 Comments.
Condos for sale in Puyallup, WA make up a small portion of our current real estate market. October's stats showing a total of 55 ACTIVE units on the market right now with an average asking price of $108,130.00. An average of 1181 square foot of living space and on the market for an average of 143 market days. If you are a renter right now paying rent and have decent to good credit (640 or 620 depending on the circumstance) you can put that rent towards a mortgage for your home/investment.
Condominium
2- Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms All Bedrooms
Active
# Units 38 16 …
Puyallup Short Sales Market Statistics Report for October 2011
Tuesday, November 29th, 2011 at 11:20am. 42 Views, 0 Comments.
Puyallup Short Sales make up a large portion of our real estate market these days. October’s stats show that the Active price for Puyallup homes for sale was $194,946.00 having an average square footage of 1989, and on the market for an average of 121 days. I just heard on CNMBC today that prices are down to 2003 prices. The good news for buyers is that it's a great time to buy a short sale property especially if you aren't on a time crunch. Buyers that have time to wait are great candidates for making offers on short sale properties in Puyallup. The banks are moving at a more steady pace these days and the previous years has helped put systems in place to make the process more efficient. Keep in mind that there is a specific protocol for…
Puyallup Bank Owned Market Statistics for October 2011
Monday, November 28th, 2011 at 11:28am. 48 Views, 0 Comments.
Puyallup Foreclosures is a great way to purchase a home if you are looking for a deal. The banks are pretty motivated to get homes on the market sold. The average ACTIVE price point for Puyallup bank owned homes is $ 180,548.00 and the average market days is 57.
Residential
2- Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms All Bedrooms
Active
# Units 7 65 44 2 118
Average List Price $132,214 $162,547 $215,048 $175,750 $180,548
Average Market Time 100 …
Puyallup Real Estate Market Statistics for October 2011
Tuesday, November 22nd, 2011 at 12:34pm. 36 Views, 0 Comments.
Puyallup Market Statistics Report for October 2011
Residential
2- Bedrooms 3 Bedrooms 4 Bedrooms 5+ Bedrooms All Bedrooms
Active
# Units 51 367 324 70 812
Average List Price $176,985 $215,530 $261,870 $388,568 $246,516
Average Market Time 142 110 113 112 113
Average Square Feet 1,200 1,855 2,423 3,137 2,151
Pending
#…
How to Get Your House Ready for Fall
Tuesday, November 22nd, 2011 at 11:37am. 39 Views, 0 Comments.
Now that you have put the lawnmower away for the year and pulled the leaf rakes and blowers out of your garage, you know it is also time to make plans to get your house ready for the colder temperatures, too. Getting ready for the fall means sealing up your home a little tighter (but not too tight) and making sure all of your heating equipment is in peak working order.
It’s a good idea to make a mental or physical checklist of everything that needs to be done – and why it needs to be done. Here are some basic tips on how to get your house ready for fall. Let’s first look at ways to assist your heating system to do its job and then look at ways to keep your heating system working efficiently.
- First, check all areas of the home where there may be…