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Former MyNorthwest.com Content Contributor

Tom Kelly

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

Four tips to get an offer accepted

Buyers should avoid waiving the home inspection or appraisal contingency simply to get their offer approved.

11 years ago

Qualified mortgage rules cut approvals, lenders say

New mortgage rules enacted this year are prompting banks to issue fewer home loans, according to a Federal Reserve Board report released this week.
11 years ago

Bigger than boomers: Millennials now prime target

The Millennial generation is larger than the baby boomers - 87 million versus 76 million - and they're expected to be a huge force in the real estate market in the coming years.
11 years ago

When home rises $1,000, more than 200,000 priced out

For every $1,000 increase in the cost of median-priced new homes, an estimated 206,269 households are pushed out of the market, according to a new study by the National Association of Home Builders.
11 years ago

State’s foreclosure mediation program underused

It's sad to think that one conversation-one mediation-could have made a difference.

11 years ago

Realtors list Top 5 ‘scary’ market problems

Appraisals have again shown up as a major issue.

11 years ago

Reverse mortgage rates announced for younger spouses

The new rules go into play for all reverse mortgages written after August 4, 2014.

11 years ago

Staying put: Keeping lower rate could stall market

"Some homeowners will delay moving into a new residence because of the desire to hold on to the current lower rate mortgage."

11 years ago

Internet has made timeshare resales less expensive

We sold a timeshare three years after never using it and felt lucky to get as much cash back as we did.

11 years ago

Buyers, renters want cell service but not towers

National Institute for Science, Law & Public Policy survey

11 years ago

Timeshare resales: Plenty of sellers remain in the market

There is a huge glut of resale timeshares available in this country, many of which can be purchased for pennies on the dollar.

11 years ago

‘Pocket listings’ could be limiting local inventory

. . . "The sentiment out there is that we still have a shortage of inventory, and I think that is due to the prevalence of pocket listings in some markets."

11 years ago

Realtor group lists 3 challenges for home market

The percentage of first-time buyers continues to be low by historical standards.

11 years ago

More agents leveraging second-language skills

Agents report that even though international clients are fluent in English, they're more comfortable speaking in their native tongue.

11 years ago

5 mistakes first-time buyers make

Buying a home is "really like finding a job - it's going to take a lot of time to prepare."

11 years ago

Move over Mom: Multigenerational homes hit record

Pew defined multigenerational households as having at least two adult generations, such as a parent and an adult child age 25 or older.

11 years ago

Penciling cost of a new home? How about a pet suite?

"Devotion to pets is second to none," said Jeffrey Lake, Standard Pacific executive.

11 years ago

Fed chair hints rates may rise sooner than expected

The Fed's benchmark short-term rate has stayed near zero since December 2008, which has helped to keep interest rates near historical lows.

11 years ago

Timeshare pitch: ‘Keep an open mind’

I can smell a timeshare pitch from a 5-iron away. Many of the hardball sales jobs are what have given the industry a black eye.

11 years ago

State ranks No. 2 in ‘least expensive’ energy survey

With summer having the highest energy consumption of the year and Americans relocating to start a new job, WalletHub compared the 50 U.S. states and the District of Columbia based on their tendency to be the most and least energy-efficient.

11 years ago

Biting the bullet: ‘Must haves’ in a new home

Forty-four percent surveyed say they're willing to give up a location near public transportation in exchange for certain amenities.

11 years ago

Five biggest hurdles to homeownership

Housing analysts blame student loan debt, overly strict lending standards, and lost equity as the leading culprits behind a sluggish housing recovery. But what do homeowners say?

11 years ago

Super incentive: Owner offers buyer agent a Bentley

"The idea was to get some traffic because if you get traffic you're going to find the one buyer that you need," said David Chaifetz, homeowner of his 6,740-square-estate, listed at $2.3 million.

11 years ago

The interval getaway: History and tips on timeshares

Time-sharing plans began in the 1960s in the French Alps, where vacationers, usually winter skiers, would buy an annual stay at a resort condominium.

11 years ago