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Puyallup

There are currently 16 blog entries related to this category.

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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.

February 2012 Puyallup Real Estate Market Report

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…

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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.

January 2012 Puyallup Real Estate Market Report

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…

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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…

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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

#…

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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…

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It's pumpkin patch time in Pierce County, WA

Friday, October 21st, 2011 at 2:12pm. 69 Views, 0 Comments.

 

Fall is a great season.   I don't particularly love the Seattle weather this time of year but I do love the colors that fall brings & the Holidays.  There is always one thing that is a MUST in our family and that's going to the pumpkin patch.

We have tried most of all the local pumpkin patches around Puyallup and so far Maris Farms in Buckley is at the top of the list.  This year was our second trip to the farm and again had a great time not to mention the weather was beautiful & sunny.   There was monster truck rides through mud, tunnel slide that is partially underground, pig races, goats, rabbits, magic show, music, food,  pumpkin & corn launcher that hit targets (that was fun!) play area with slides,  bounce houses.  8 acre corn maze, tractor…

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A market for Investors!

Thursday, October 13th, 2011 at 12:09pm. 68 Views, 0 Comments.

 

Today’s mortgage market certainly has it’s challenges however for new investors and  savvy investors alike it also has great opportunity.  The real estate market has a plethora of amazing inventory which to an investor is like a kid in a candy store.  As you may already know the key to good investing is leveraging your assets and it’s imperative that you work with a lender who understands this.   The banks are releasing large numbers of properties to the market on a regular basis.  Some are turnkey and ready to be rented while others need some work before they are “Move In” ready.  With these properties there is a great opportunity to purchase the home and sell it while in other cases they can make a fantastic rental property that can provide a steady…

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September's Market Statistics Report for Puyallup Real Estate, 2011

Tuesday, October 11th, 2011 at 12:41pm. 36 Views, 0 Comments.

 

Residential Puyallup, WA.

 

                                      2- Bedrooms             3 Bedrooms          4 Bedrooms          5+ Bedrooms       All Bedrooms

Active

# Units                                   52                           369                          320                                78                         819

Average List Price         $182,231                 $220,617                $262,574                $374,841            $249,261

Average Market Time    128                           110                          108                               98                         109

Average Square Feet     1,151                      1,894                       2,408                          2,994                   2,152

 

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Mobile for Sale in a 55+ Community in Edgewood, WA

Wednesday, October 5th, 2011 at 1:26pm. 102 Views, 0 Comments.

New on market for $13,000.00 in Edgewood.  Cherrywood 55+ mobile home park located in the valley in an awesome location close to freeways & shopping.  This 1974 doublewide mobile has been with one owner until now.  Well cared for and ready for a new owner now.  2 bedrooms, 1.75 Bath with a master bedroom & bath.  Approx 1192 SF of living space.  What I really love is the yard, it's fenced with metal shed and landscaped with plenty of room for a small pet, (under 25 lbs & no pit bulls)  Access to the back yard from the covered patio & shop.  The deck is plenty large for gatherings or relaxing with a nice big cover to keep you dry all year long.  New white vinyl double pain windows with blinds that stay.  Metal siding & metal roof.  All appliances are new…

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VA Loans

Monday, October 3rd, 2011 at 12:39pm. 49 Views, 0 Comments.

 

Everyday we are thankful for the efforts of our servicemen and women throughout the world and the protection that you provide.  That is why we feel so blessed to have the opportunity to assist our Veterans and their families when it comes time to purchase or refinance their mortgage.  In the current market there is no better mortgage available than the VA mortgage, and as a well deserved benefit it is offered exclusively to Veterans through the department of Veteran Affairs.  PrimeLending is proud to be an approved VA lender. Washington state offers great opportunity for both active and retired service members to purchase a new home.  From the naval bases in Bremerton to  Fairchild AFB in Spokane and Joint Base Lewis McChord many service members from…

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