Archive for January, 2006

Florida Celebrity Real Estate Update Billionaire …

Sunday, January 15th, 2006

Florida Celebrity Real Estate Update

Billionaire leveraged-buyout king Henry Kravis recently agreed to purchase a 15,000 sq. ft. Lake Worth estate home in Palm Beach, reports Page Six, Luxist and…



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source: Florida Celebrity Real Estate UpdateBillionaire …

Mortgage Rates End Week Lower Bankrate.com report…

Friday, January 13th, 2006

Mortgage Rates End Week Lower

Bankrate.com reports that mortgage interest rate averages ended the week lower, in spite of news media reports that rates were going to go up. The 30-year fixed rate…



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source: Mortgage Rates End Week LowerBankrate.com report…

Current Interest Rates

Friday, January 13th, 2006

interest rates.jpgHere are current  interest rates, as taken from my Mortgage 101 site.  What any given borrow will actually pay on the purchase of a home will depend largely on credit scores.  You can also buy the rate down by paying "points" up front, which is just a way of saying you can pay up front to reduce your long term interest rate:

PRODUCT

 RATE POINTS APR  
30 Year Fixed  5.80% 0.22 5.92%  
15 Year Fixed  5.43% 0.32 5.69%  
30 Year Fixed Jumbo  6.12% 0.23 6.20%  
15 Year Fixed Jumbo  5.66% 0.28 5.84%  
5 Year Balloon  5.67% 0.70 6.32%  
7 Year Balloon  5.72% 0.59 6.26%  
1/1 ARM  4.47% 0.54 6.60%  
3/1 ARM  5.20% 0.37 6.19%  
5/1 ARM  5.37% 0.34 6.11%  
1/1 Jumbo ARM  4.98% 0.53 6.52%  
3/1 Jumbo ARM  5.64% 0.38 6.23%  
5/1 Jumbo ARM  5.62% 0.33 6.15%  
FHA 30 Year Fixed  5.68% 0 5.76%  
FHA 1 Yr ARM  5.23% 0.20

6.76%

 
VA 30 Year Fixed  5.77% 0 5.85%

 

You may e-mail me at: Carol@TopPropertiesWenatchee.com,
Or search for specific properties and get additional information at:
www.TopPropertiesWenatchee.com

source: Current Interest Rates

A Swollen Head

Friday, January 13th, 2006

Generally speaking this blog isn’t about me, but my head’s a little swollen right now and, in my euphoria, I couldn’t resist posting a copy of an e-mail I received yesterday from a client.  She gave me permission.  Anyway, my client was transferred from Wenatchee to Portland, Oregon.  I quickly sold her home at Fancher Heights in East Wenatchee and now she is trying to buy a home in the Portland area.  Here are her thoughts on her current real estate buying experience:

"Oh how I wish you were my Realtor over here!  Though they are trying hard,
they just don’t compare and now I realize how good you are! 
 I miss my house.  I miss you!"  
–Debbie Perry (January 2006)

You may e-mail me at:
Carol@TopPropertiesWenatchee.com
or search for  properties at:
www.TopPropertiesWenatchee.com
or call me on the phone:
509-670-7840

P.S.:  You can also read an earlier testimonial Debbie had written for me in the "testimonial" section of this blog.  Over the course of the last couple of years, Debbie has also become a valued friend.

source: A Swollen Head

Fireplace Safety

Friday, January 13th, 2006

fireplace.jpgThis information may have been a little more timely late last year when we were experiencing that long cooold streak.  But, I was reading a fireplace safety  article in the Wenatchee World  and thought you’d be interested.   Here are the key points, but all are explained in more detail if you go to the article:

  1. Use only dry, seasoned wood.

  2. Burn the right kind of wood.

  3. Have the chimney inspected.

  4. Don’t think chimney-sweep logs will help.

  5. Don’t try to clean your own chimney.

Contact Carol at:  Carol@TopPropertiesWenatchee.com
Search for properties at:  www.TopPropertiesWenatchee.com

source: Fireplace Safety

Bay Isle Key To Be Converted To Condos Contact me…

Wednesday, January 11th, 2006

Bay Isle Key To Be Converted To Condos

Contact me now to get your very own luxury condo in Bay Isle Key TODAY!

I reported that Bay Isle Key would likely undergo condo conversion here five days…



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source: Bay Isle Key To Be Converted To CondosContact me…

Accepted As Member In Gerson Lehrman Group Real Es…

Wednesday, January 11th, 2006

Accepted As Member In Gerson Lehrman Group Real Estate Council

I was recently invited to apply for membership in the elite Gerson Lehrman Group Real Estate Council, and I am happy to report that…



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source: Accepted As Member In Gerson Lehrman Group Real Es…

Tierra Verde To Have Denser Development Contact m…

Wednesday, January 11th, 2006

Tierra Verde To Have Denser Development

Contact me now to find the perfect Tierra Verde home or condo today!

The limit for the number of condo units that could be developed by a certain…



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source: Tierra Verde To Have Denser DevelopmentContact m…

Economic Trends Facing Tampa Bay The St. Petersbu…

Monday, January 9th, 2006

Economic Trends Facing Tampa Bay

The St. Petersburg Times reports that downtown Tampa’s population is expected to double this year, from 600 to 1200. With a Florida Chamber of Commerce study…



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source: Economic Trends Facing Tampa BayThe St. Petersbu…

Bay Isle Key To Be Converted To Condos? Atlanta…

Friday, January 6th, 2006

Bay Isle Key To Be Converted To Condos?

Atlanta development firm McRae & Stolz recently purchased Echelon at Bay Isle Key, a 582 unit luxury apartment community, according to the St. Petersburg…



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source: Bay Isle Key To Be Converted To Condos?Atlanta…