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Former MyNorthwest.com Content Contributor

Tom Kelly

Tom Kelly was formerly a Content Contributor to MyNorthwest.com.

Seattle ranked fifth in national home price appreciation

The Seattle market saw an eight percent annual increase in August compared to an average annual decrease of seven percent a year ago.

11 years ago

Solar-powered home systems become more affordable

The federal incentive is a 30 percent tax credit in the first year after installing solar that currently runs through 2016. The annual state credit depends on how much solar is produced by an individual home and is capped at $5,000.

11 years ago

Lenders luring jumbo borrowers for other bank services

Jumbo borrowers tend to have better track records in repaying their loans and have lower default rates, so more banks are willing to take the gamble on them.

11 years ago

Lenders leery of penalties, pull away from FHA loans

Lenders say they are concerned that they will be penalized if underwriting errors occur and the loans default.

11 years ago

Expedia to feature more rent-by-owner properties

Vacation rental property managers and owners using HomeAway's pay-per-booking listing model may now also choose to advertise their properties on Expedia.com for no additional charge.

11 years ago

Sellers of vacant homes find insurance a tough go

Insurance companies simply do not want to deal with unoccupied, vacant and for-sale homes.

11 years ago

Smart homes that consumers actually want

The survey showed respondents wanted to be able to adjust the thermostat, turn on the lights, or start the coffee pot before they get out of bed.

11 years ago

Credit fear curtailing loan applications – Wells Fargo

Mortgage lender says many customers believe it's much more difficult to get a mortgage than it really is.

11 years ago

Dorm alternative entails more than cash

If your child is headed to a major college or university, the chances are very good your investment will show at least modest appreciation.
11 years ago

FHA to end controversial policy of ‘post’ payment penalty

FHA has argued that its bond investors, who purchase packages of insured mortgages, expect a full-month payment of interest plus principal.

11 years ago

Interview appraiser before the process begins

Many appraisers and housing analysts believe problems arise from two areas-the definition of "market value" and out-of-area appraisers sent to evaluate properties outside of their areas of expertise.

11 years ago

Economists bullish on housing, expect 2016 rates to hit 5.25%

The economists polled expect the 30-year, fixed-rate mortgage to rise to 5.25 percent in 2016.

11 years ago

The Nudist Niche: When your buyers are naked

Just how big is the nudist niche? In the first six months of this year, Youngblood sold 22 properties at prices ranging from $135,000 to $800,000.

11 years ago

New plan helps local military families save on loans

Five lenders are pledging to make frequent checks of the Defense Department database to see if their customers can take advantage of any unclaimed benefits.

11 years ago

‘This is not a scam’ – State borrowers wary of HARP

The FHFA estimates that about 800,000 families across the country could save nearly $2,300 per year on their mortgage payments with HARP.

11 years ago

Three reasons home loan demand is dropping

Why aren't more homebuyers taking advantage of low interest rates?

11 years ago

Top three reasons single owners decide to buy

Many singles were intimidated by the home-buying process

11 years ago

California case throws wrench into ‘dual agency’ transactions

The decision could greatly influence how two agents in the same office represent bother the seller and buyer in the same transaction.

11 years ago

Understanding ‘aging suites’ and mother-in-law units

With the cost of care-giving facilities and services soaring, it may be more affordable for parents to move in with their children.

11 years ago

Full-time, part-time rental owners have more tools

Helpful tools that enable vacation owners to run their businesses more efficiently also are on the rise.

11 years ago

Targeting the rich: Broker opens office in Rolls dealership

While shoppers peruse cars, they'll also be tempted to "find a home for their new car."

11 years ago

Lake Tahoe getaway sells for $1.6 million in bitcoins

The sale is the latest in a string of residential real estate transactions in the past year that have used the virtual currency.

11 years ago

Tax-free cash from a short-term reunion

Owners can derive tax-free income from renting their home or getaway, provided they rent it out for 15 days or fewer and don't claim any of the tax deductions typically allowed on rental property such as for depreciation or maintenance.

11 years ago

World’s priciest home – nearly $23,000 a square foot

The 4,661-square-foot home features four bedrooms, a private pool, a garden, rooftop terrace, and a carport that can accommodate two cars.

11 years ago