All posts by Jerry Blankers

To Sell or Not to Sell…

Some sellers are hesitant to put their homes on the market and compete with short sale property prices, but buyers are looking at all inventory on the market and in many cases choosing to purchase homes that are not short sales. Due to the time constraints and complications of purchasing short sales, many buyers are opting to purchase homes that are in good condition, priced correctly and not short sales.
Contact Jerry for a Free Comparative Market Analysis on your home.

Historically Low Interest Rate

Did you know that on November 11, 2010 mortgage interest rates hit a historic low of 4.17% ! Interest rates still hovering around that historic low, combined with lower prices, have created the return of housing affordability in Washington.
The First Time Homebuyer Tax Credit boosted the real estate industry in 2010 with first time homebuyers rising to over 50% of all homes purchased in the first quarter.
Read my Buyer tips to learn more about the purchasing process, Contact Me with questions or comments or Search For Homes.

Housing is Vital for Economy

The Housing Industry Is Vital to Our Economy
“Fact: For every additional 1,000 home sales, about 500 jobs are added to the economy. Those are real jobs that give our families, friends and neighbors a chance to work.

Fact: Every home purchase pumps $60,000 into the economy.

Fact: Housing accounts for more than 15 percent of the national gross domestic product.

Fact: Home owners pay 80 to 90 percent of ALL federal income taxes.

We need to change the dialog. Critics say housing is a drain on federal resources. We know better. Housing is the engine that drives our national economy. Eight of the last ten recessions have ended as a result of robust housing markets. The other two ended as a result of war spending. The choice is easy. America needs a healthy housing market to thrive.”
Information courtesy of Ron Phipps, 2011 NAR President, Realtor.org