Issaquah Mortgage Expenses Increasing in 2014

financing

Head’s Up - Waiting to purchase a new home may cost you more in 2014! Issaquah home buyers that take out a mortgage can expect to pay more to get a mortgage next year. This is the result of changes in the mortgage market to reduce the roles of the mortgage giants, Fannie Mae and Freddie Mac. Mortgage Guarantors Fannie Mae and Freddie Mac Both Fannie Mae and Freddie Mac are currently under the regulation of a Federal Government regulator. The regulator was placed … [Read more...]

Is Issaquah Entering a Home Sellers Market?

Both home buyers and sellers, along with real estate agents and brokers are all asking the same question, is the Issaquah real estate market entering a sellers market? The graph above shows single family homes for sale, sold and pending. As of April 2012, the sold plus pending totaled 172. This is the highest number in over four years. In addition, as the graph indicates, the number of homes for sale is at it's lowest level in many years. Such a situation would indicate … [Read more...]

Dawson Lane Builds New Homes in Issaquah's Caliterra Neighborhood

Caliterra in Issaquah is a small enclave of homes, with several new homes built by Dawson Lane Homes. These four homes are located on a cul-de-sac of only 16 homes - all with a private playground and park for residents use. The four homes range in price from $474,950 to $489,950 from 2,293 and 2,425 square feet. The four available homes are all located in the new community of Caliterra. This new community has easy access to I-90. All of the homes are on a cul-de-sac … [Read more...]

Issaquah Housing and Real Estate Market Outlook for 2012

The Issaquah single-family home market continues to show improvement through November 2011 compared to the same period last November of 2010. Though the number of homes actually sold during the same twelve month period was almost the same (495 in 2011 vs. 514 in 2010) other indicators were up as the Northwest MLS and local Real Estate agents and Realtors reported. Both the average days on market and the actual selling price vs. listing price improved from November 2010 … [Read more...]

November Resale Home Inventory in Issaquah Drops Sharply

The housing market for Issaquah, Washington for the month of November shows some very encouraging signs of strength.  As of the end of November 2011, there were 203 single family homes for sale in Issaquah. This compares to 250 at the same period last year. This represents a 19% decrease in the number of homes for sale. Additionally, new single family home listings for the month of November decreased from 72 in November 2010 to 45 in November 2011, a 38% decrease. And … [Read more...]

Hillside Quarry Development in the Issaquah Highlands

There have been some recent developments concerning the quarry on the hillside in the Issaquah Highlands development within the city of Issaquah. According to a newspaper article appearing in the Issaquah Press on November 4, 2011, the current landowner, Lakeside Industries, Inc. desires to develop the land. Lakeside Industries, Inc. has proposed to turn the site into an "urban village". A type of zoning which is similar to that of the Highlands and the Talus … [Read more...]