Page not found – Burien, Normandy Park, Buying and Selling Real Estate, Tips and Tricks https://dustinkeeth.com Burien, Normandy Park, Buying and Selling Real Estate, Tips and Tricks Tue, 07 Jan 2014 21:45:31 +0000 en-US hourly 1 LA Fitness coming to Burien https://dustinkeeth.com/2014/01/07/la-fitness-coming-to-burien https://dustinkeeth.com/2014/01/07/la-fitness-coming-to-burien#respond Tue, 07 Jan 2014 21:45:31 +0000 http://withwre.com/dustinkeeth/?p=3495 Another great reason to move to Burien, B-Town Blog reports: LA Fitness, which is planning on moving into the space formerly occupied by SAAR’s and Staples, has filed for permit applications for improvements on the property at 14905 4th Ave SW. According to a note in this month’s City Manager report (PDF file, p. 238), the proposed […]

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Another great reason to move to Burien,

B-Town Blog reports:

LA Fitness, which is planning on moving into the space formerly occupied by SAAR’s and Staples, has filed for permit applications for improvements on the property at 14905 4th Ave SW.

According to a note in this month’s City Manager report (PDF file, p. 238), the proposed scope of work includes “partial demolition, alteration and remodel of the existing 45,030 square foot building into a health club with basketball, sales, racquetball, kid’s klub, aerobics, cycling, pool, spa, sauna, locker room, free wights, cardio and circuit training area.”

The project valuation is estimated to be $4 million dollars.  BurienTownPlazaLAFitness-500

As we previously reportedJim Alexander, Vice President of Merlone Geier Partners told The B-Town Blog on Feb. 20, 2013 that they “…hope to have them open by the end of the year.”

Obviously they’re running behind in their proposed timeline.

There are three LA Fitness gyms in the Seattle area, with the nearest located at 350 Baker Boulevard in Tukwila.

 

 

 

B Town Blog Original Article

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Seattle home values up 15 percent. What is your home worth now? https://dustinkeeth.com/2013/08/21/seattle-home-values-up-15-percent-what-is-your-home-worth-now https://dustinkeeth.com/2013/08/21/seattle-home-values-up-15-percent-what-is-your-home-worth-now#comments Wed, 21 Aug 2013 22:35:28 +0000 http://withwre.com/dustinkeeth/?p=3481 Home values across the country are up. In the Seattle metro area, property prices have increased by more than 15 percent from one year ago, based on figures from Zillow, an online real estate company, reports the Puget Sound Business Journal. The region’s median home value in July was $302,600, up 2.3 percent from June […]

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Home values across the country are up. In the Seattle metro area, property prices have increased by more than 15 percent from one year ago, based on figures from Zillow, an online real estate company, reports the Puget Sound Business Journal. The region’s median home value in July was $302,600, up 2.3 percent from June and up 15.3 percent from July 2012.
Based on figures from the Northwest Multiple Listing Service, The Seattle Times reports the following housing data:
The median price of single-family homes sold in King County in July climbed to $434,000, up 15 percent from a year ago and up 1.5 percent from June. The number of pending homes sales hovered above 3,000, the most since 2005. 
In Snohomish County, the median home price was $304,000, almost 12 percent higher than a year ago. 

Home values in Burien & Normandy Park, WA

Pierce County posted a 16 percent increase at a median home price of $195,000.
For King County, bank-owned homes made up just 9 percent of sales in 2013, compared to 14 percent last year, according to Richard Eastern of Bellevue-based Washington Property Solutions. Short sales comprised 13 percent of this year’s sales. Southwest King County had the lowest median price at $248,500, while the Eastside boasted the highest at $566,258.
Cash buyers continue to account for a fair portion of the market. Nearly 23 percent of June home sales in Greater Seattle were non-mortgaged purchases, according to San Diego-based DataQuick. Seattle’s real estate market continues to outpace the nation’s home appreciation rate of 6 percent with a median property value of $161,600.

Your source for Real Estate News for Seattle, Burien, Normandy Park and Des Moines.
 

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Which US Cities have the lowest Closing Costs? https://dustinkeeth.com/2013/08/09/which-us-cities-have-the-lowest-closing-costs https://dustinkeeth.com/2013/08/09/which-us-cities-have-the-lowest-closing-costs#respond Fri, 09 Aug 2013 21:46:46 +0000 http://withwre.com/dustinkeeth/?p=3469 Washington’s closing costs among lowest in U.S. As mortgage rates slowly increase, so do loan origination fees. USA Today reports that loan-origination and other fees went up 6 percent in the last year to a national average of $2,402 on a $200,000 single-family mortgage loan to a customer with stellar credit and 20 percent down, […]

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Washington’s closing costs among lowest in U.S.

As mortgage rates slowly increase, so do loan origination fees. USA Today reports that loan-origination and other fees went up 6 percent in the last year to a national average of $2,402 on a $200,000 single-family mortgage loan to a customer with stellar credit and 20 percent down, based on data from Bankrate.com. The reason for the bankloanparallel rise in rates and fees is two-fold. First, higher rates mean less profit on the money loaned. To compensate for the loss in profit, lenders attempt to make up the difference in fees. Second, the work required in underwriting loans is greater today than it has been in the past, thereby increasing costs. Bankrate’s 2013 survey indicates that Hawaii averages the highest closing costs at $2,912 for a mortgage of $200,000 (excluding taxes, title fees, property insurance, association fees, interest, and other prepaid items). In contrast, Washington has one of the lowest in the nation at $2,208. – See more at: http://dustinkeeth.info/#sthash.LtCW2P5e.dpuf

Search Burien & Normandy Park Real Estate homes for sale:

 

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Do you want a front porch? The front porch is a gateway to memories https://dustinkeeth.com/2013/07/26/do-you-want-a-front-porch-the-front-porch-is-a-gateway-to-memories https://dustinkeeth.com/2013/07/26/do-you-want-a-front-porch-the-front-porch-is-a-gateway-to-memories#respond Fri, 26 Jul 2013 18:28:38 +0000 http://withwre.com/dustinkeeth/?p=3459 The front porch is a vestige of an older, simpler way of life when families sat outside and neighbors visited with one another. Once a place for relaxation, the front porch faded in popularity due to an evolving modern life that brought about air conditioning and backyard decks, according to www.houzz.com. But the architectural feature is […]

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The front porch is a vestige of an older, simpler way of life when families sat outside and neighbors visited with one another. Once a place for relaxation, the front porch faded in popularity due to an evolving modern life that brought about air conditioning and backyard decks, according to www.houzz.com. But the architectural feature is making a strong comeback.





There’s no easier way to add square footage to your home than to maximize the transition areas outside your property. Households can utilize the porch for additional entertaining space or for solitude. Need some inspiration? Check out Better Homes and Gardens for style ideas.




Diane Foreman, a design consultant with Neil Kelly Co. notes that the porch is, at minimum, a transitional space between the home’s exterior and interior. But the porch is also a holding place of “intangibles,” sensory experiences and memories about childhood, grandparents, and neighbors.





Seattle Times writer Tyrone Beason sums it up this way:





“The duality of the front porch is intriguing. It is a part of the house and yet it is a part of the streetscape. It is a private space but, then again, there’s nothing private about it. You can watch the world go by there — but the world can also watch you.”





Beason reminds us that a well used and aesthetically appealing front porch adds valuable space to homeowners and curb appeal to the home, which can increase the overall value of the property.

For more information on Burien Real Estate




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#burienhomesforsale   #burienrealestate  #normandyparkrealestate   #realestate98166  

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Sky-high parking is on the rise https://dustinkeeth.com/2012/11/13/sky-high-parking-is-on-the-rise https://dustinkeeth.com/2012/11/13/sky-high-parking-is-on-the-rise#respond Tue, 13 Nov 2012 00:18:50 +0000 http://withwre.com/dustinkeeth/?p=3445 Luxury apartment dwellers can now park their automobiles right next to their high-rise properties, whether they live on the first or thirtieth floor. Singapore will open Hamilton Scotts, a luxury condominium that touts a sky garage, in the summer of 2013. Similar high-rise projects complete with the latest in auto parking include luxury properties in […]

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Luxury apartment dwellers can now park their automobiles right next to their high-rise properties, whether they live on the first or thirtieth floor. Singapore will open Hamilton Scotts, a luxury condominium that touts a sky garage, in the summer of 2013. Similar high-rise projects complete with the latest in auto parking include luxury properties in Sunny Isles Beach, Fla., and Manhattan’s West Chelsea neighborhood. Watch the Wall Street Journal video for details.

 

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Monday’s housing news https://dustinkeeth.com/2012/08/27/mondays-housing-news https://dustinkeeth.com/2012/08/27/mondays-housing-news#respond Mon, 27 Aug 2012 16:00:22 +0000 http://dustinkeeth.info/2012/08/27/monday%e2%80%99s-housing-news/ Existing-home sales could reach normalcy in 2013, according to Lawrence Yun, chief economist for the National Association of Realtors (NAR) .

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Existing-home sales could reach normalcy in 2013, according to Lawrence Yun, chief economist for the National Association of Realtors (NAR). Yun suggests that the market’s continued progress largely depends on ”sensible lending standards and stronger job creation.”

Home prices are inching up around the nation. The median existing-home price for all housing types was $187,300 in July, marking a significant increase of 9.4 percent from one year ago. The average fixed-rate mortgage fell to 3.55 percent in July from 3.68 percent the month before, according to Freddie Mac. In July 2011, that rate was 4.55 percent. Distressed homes made up 24 percent of all July sales, down from 29 percent in July 2011.

Some market analysts wonder if housing may lead the charge to economic recovery. Kevin Mahn of Forbes highlights three key factors for sustained market growth:

  • Sales for single family homes over $100,000 have increased from one year ago in almost every region across the nation.
  • Inventory levels dropped by 3.2 percent in June, while excess supply fell by about 26 percent over the past year.
  • Across the U.S., the sales prices of existing homes have increased by nearly 8%.

NAR President Moe Veissi, broker-owner of Veissi & Associates Inc., in Miami, had this to say to households interested in selling. Price your house correctly, and it will move quickly. “Fully one-third of homes purchased in July were on the market for less than a month, and only 21 percent were on the market for six months or longer,” said Veissi.

 

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Market highlights for Seattle metro area https://dustinkeeth.com/2012/08/24/market-highlights-for-seattle-metro-area https://dustinkeeth.com/2012/08/24/market-highlights-for-seattle-metro-area#respond Fri, 24 Aug 2012 16:00:04 +0000 http://dustinkeeth.info/2012/08/24/market-highlights-for-seattle-metro-area/ Sales of existing homes throughout the U.S. rose 2.3 percent in July from the previous month to a seasonally adjusted rate of 4.47 million, reports the Seattle Times . In the Puget Sound area, sales rose 11 percent in July.

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Sales of existing homes throughout the U.S. rose 2.3 percent in July from the previous month to a seasonally adjusted rate of 4.47 million, reports the Seattle Times. In the Puget Sound area, sales rose 11 percent in July.

The gains also took place in home prices. The median price of a home sold in King County in July was $249,950, up 6.4 percent from one year ago and up from $245,000 in June, according to Northwest Multiple Listing Service (NWMLS) statistics. In Snohomish County, the median price of a home sold was $200,500, up 6.1 percent from July 2000, when it was $189,000.

Seattle’s housing market is on the road to recovery, and the residential population is also growing, reports the Puget Sound Business Journal. The city added 620,778 people, marking an increase of 2 percent from 2010 to 2011. The population bump may be driving the city’s rise in dining options. Seattle ranks fifth in the nation for the number of restaurants available to foodies, with 24.9 establishments per 10,000 residents.

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Single-family rentals are in high demand https://dustinkeeth.com/2012/08/20/single-family-rentals-are-in-high-demand https://dustinkeeth.com/2012/08/20/single-family-rentals-are-in-high-demand#respond Mon, 20 Aug 2012 16:00:56 +0000 http://dustinkeeth.info/2012/08/20/single-family-rentals-are-in-high-demand/ Single-family rentals are hot.

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Single-family rentals are hot. Investors have been buying and renting these properties to the tune of 1.2 million units last year, up from 749,000 in 2010, according to RealtyTrac. Investors accounted for 20 percent of the residential market in 2011, and that statistic may go up for 2012.

Who’s investing? Local investors who buy homes at foreclosure auctions have predominated the market, but since the turn of the year, corporate investors are getting into the game, seeing the potential of big profits. In January 2012, a private-equity fund, GI Partners in Menlo Park, Calif., invested $250 million into Waypoint Real Estate Group, an Oakland-based firm that buys foreclosed homes at discounts and then rents them out, according to the Wall Street Journal.

The single-family rental investment represents the fastest growing real-estate asset category, says Waypoint co-founder Colin Weil. Richard Magnuson, managing director of GI Partners, stands behind the investment. Families who are not ready to purchase often prefer to rent homes rather than apartments, so the conversion of foreclosed single-family houses presents a win-win for both landlords and tenants.

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Investing in real estate today https://dustinkeeth.com/2012/08/13/investing-in-real-estate-today https://dustinkeeth.com/2012/08/13/investing-in-real-estate-today#respond Mon, 13 Aug 2012 16:00:49 +0000 http://dustinkeeth.info/2012/08/13/investing-in-real-estate-today/ Forbes  reporter Morgan Brennan shares insight on three ways to grow wealth in the housing market. Real estate investment trusts, turn key investment properties, and renting and managing homes as a traditional landlord are good options now and in the future. Watch the video for details

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Forbes reporter Morgan Brennan shares insight on three ways to grow wealth in the housing market. Real estate investment trusts, turn key investment properties, and renting and managing homes as a traditional landlord are good options now and in the future. Watch the video for details.

http://youtu.be/7Co93XILv2s

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Closing costs are down https://dustinkeeth.com/2012/08/10/closing-costs-are-down https://dustinkeeth.com/2012/08/10/closing-costs-are-down#respond Fri, 10 Aug 2012 23:48:23 +0000 http://dustinkeeth.info/2012/08/10/closing-costs-are-down/ The average cost of closing on a mortgage has dropped by 7.4 percent over the past year, reports  CNN Money . Based on a recent survey conducted by Bankrate.com, a $200,000 mortgage with 20 percent down might cost a buyer $3754 in closing fees, or $300 less than one year ago.

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The average cost of closing on a mortgage has dropped by 7.4 percent over the past year, reports CNN Money. Based on a recent survey conducted by Bankrate.com, a $200,000 mortgage with 20 percent down might cost a buyer $3754 in closing fees, or $300 less than one year ago.

Greg McBride, Bankrate’s senior financial analyst, attributes the decline of closing costs to the Real Estate Settlement Procedures Act (RESPA) established two years ago, which requires lenders to provide buyers with “a good faith estimate” of third party fees. The numbers must fall within 10 percent of the actual charges.

RESPA’s aim is to protect consumers from excessive settlement fees charged by abusive practices by clarifying costs before the closing. Here is what the U.S. Department of Housing and Urban Development states on its website:

“The most recent RESPA Rule makes obtaining mortgage financing clearer and, ultimately, cheaper for consumers. The new Rule includes a required, standardized Good Faith Estimate (GFE) to facilitate shopping among settlement service providers and to improve disclosure of settlement costs and interest rate related terms. The HUD-1 was improved to help consumers determine if their actual closing costs were within established tolerance requirements.”

RESPA appears to be doing its job, helping buyers save or, at the least, better understand the closing costs associated with purchasing a home.

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