The Wilkinson Report

We’re Talking REALLY low interest rates for home loans.

Jim Wilkinson — Fri, 10 Feb 2012 21:52:20 +0000

One would think that the buyers would be lined up at the door to buy: Prices are way down and the interest rates are at historic lows…

And it could be hapening. Some real estate experts who said “SELL” a few years ago are now saying that 2012 is the time to buy. If the attendees at local residential open houses are any indication- things could very well be changing. Some opens are being practically mobbed with 2 – 3 dozen people showing up for a three hour open house. We’re seeing the more than occasional multi-offer situation on some well-priced homes. I can remember praying that the rates would drop to 12% many years ago! Now see what’s been happening with rates:

http://linkd.in/wlW5rk

What Happens WHen You Walk Away From Real Estate?

Jim Wilkinson — Fri, 10 Feb 2012 21:39:35 +0000

Here’s an article which outlines some of the considerations if you’re underwater on your home loan (It will sell for less than what you now owe).

http://linkd.in/wTZ2zX

One of the Best-Kept Secrets in Seattle Real Estate?

Jim Wilkinson — Fri, 10 Feb 2012 20:24:11 +0000

Many people are now searching these areas instead of the areas which immediately come to mind when one thinks of popular Seattle neighborhoods for real estate:

http://bit.ly/wh3yWA

Wind of Change Coming in 2012 Regarding Home Buyers’Opportunity?

Jim Wilkinson — Fri, 10 Feb 2012 20:16:41 +0000

According to a recent report, the banks will once again start loosening the tight credit that home buyers have been experiencing the past few years since the houseing crash:

http://bit.ly/xlXYeC

STEVE JOBS: 20 LIFE LESSONS TO THINK ABOUT

Jim Wilkinson — Tue, 17 Jan 2012 22:58:23 +0000

Worth the read:

http://on.mash.to/tzq6ym

STUDY FINDS THAT A WHOPPING 38% OF HOME PURCHASES IN 2011 WERE BOUGHT WITH CASH!

Jim Wilkinson — Tue, 17 Jan 2012 22:56:21 +0000

That’s pretty much what I saw in 2011. Lots of purchasers who were using cash to buy properties. My experience- it ranged from a small “problem” lot for $10,000 cash all the way up to an estate that I sold for just under 2 million dollars cash! Kind of surprising, considering that interest rates are pretty much at an all time low!

http://bit.ly/vYsUWl

CNN MONEY: NEW HOME SALES EDGE UP IN LATE 2011

Jim Wilkinson — Tue, 17 Jan 2012 22:49:54 +0000

Check this out! http://cnnmon.ie/vvXOlG

$12,990.85 Per Sq. Ft. for a Condo?

Jim Wilkinson — Fri, 23 Dec 2011 17:19:42 +0000

I realize that it’s New York City and all- but $12,990.85 per square foot for a condo still seems a tad high to me.

http://nyti.ms/t4rFGf

Keep the Holidays Happy for Your Houseguests

Jim Wilkinson — Thu, 22 Dec 2011 21:43:41 +0000

A few things to think about before the hoardes of holiday houseguests walk through the front door: http://lifestyle.msn.com/your-home/cleaning-organizing/article.aspx?cp-documentid=31229435

The American Dream Home Becoming an American Green Home?

Jim Wilkinson — Thu, 22 Dec 2011 21:41:03 +0000

A very interesting trend. Check it out: http://realestate.yahoo.com/promo/yahoo-study-american-dream-homes-turn-green.html