The official website of Sound Advantage Realty is: www.SoundAdvantageRealty.com
This website was created as a project from my Introduction to Online Journalism and Media class at South Puget Sound Community College. I don’t keep this site current with real estate information.
If you would like current real estate information go to Sound Advantage Realty.
Have a nice day!
March 15th I opened Sound Advantage Realty, LLC. We are now six agents strong. We are all looking forward to a great year! In our opinion we’ve hired the best managing broker in Thurston County, Shirl Aronson. Our agents are Betty Bailey, Bobbi Kelly, Carol Person, & Marina Garcia.
Existing Home Sales Flat, Foreclosures Down and the Progress Report on the National Mortgage Settlement
Economist Anthony B Sanders reports on the National economy.
In my opinion the numbers all look good. They are all pointing towards recovery. However, I will remain cautiously optimistic.
I’m so glad this is the news regarding foreclosures and delinquencies.
The delinquency rate for mortgage loans fell to its lowest level since 2008 at the end of the fourth quarter of 2012. The seasonally adjusted delinquency rate of 7.09% was down 31 basis points sequentially and 49 basis points lower than the 2011 delinquency rate. The loans were made for one-to-four unit residential properties.
The data was published today by the Mortgage Bankers Association (MBA). The delinquency rate includes loans at least one payment past due but not yet in foreclosure.
Only 0.7% of loans went into the foreclosure process during the fourth quarter of 2012, the lowest level since the second quarter of 2007. Similarly, the percentage of loans in the foreclosure process fell to 3.74%, down 33 basis points sequentially and 64 basis points year-over-year, the lowest level since the fourth quarter of 2008.
The MBA’s chief economist noted:
The foreclosure starts rate decreased by the largest amount…
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Ken Balsley has a blog at kenbalsley.com where he covers a wide range of topics regarding our area. His blog expresses issues, happenings, and his opinion on a variety of subjects.
Balsley wrote an article called, “Lacey Sign Ordinance comes under fire… again,” where he brings to light an issue the Lacey City Council needs to address.
The blog written on Jim Sweat’s Blog, called, “Zillow Makes It Easier to Scam Homeowners,” makes a relevant argument regarding how easy public information should be to obtain.
I’ve read a few of Sweat’s articles on his blog and I find his perspective to be pro consumer. All real estate professionals should be advocates to protect the consumer and in this case homeowner’s.
The blog, Mortgage Info by Michelle Wickett, is informative, relevant, and up to date information about what is happening in the economy and how that impacts the mortgage industry as well as other markets.
This weeks forecast focuses on the new reports being published regarding the economy and when they will be released. The blog goes on to explain what those reports mean and how they impact the mortgage industry and the housing market. I found it educational, understandable, and to the point. Very interesting read!
Michelle can also be reached at her website: www.MortgagesByMichelleWickett.com
Wow! The housing market is still improving in Thurston County, just take a look at the latest article in The Olympian by Rolf Boone. He collected the data from the Northwest Multiple Listing Service and gave us a great rundown of the latest housing market numbers.