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Former MyNorthwest.com Content Contributor

Tom Kelly

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

How expensive? King County homes nearly double national average

Affordability has fallen from one month ago in all regions of the United States, with the West posting the largest drop in the affordability index.

10 years ago

Three things sellers do that drive buyers nuts

Buyers are getting annoyed at homes that need repairs that sellers refuse to make.

10 years ago

Sky-high homes: 2 percent of Seattle renters plan to buy in next year

The national percentage of renters who say they plan to buy a home in the next year fell from 12.1 percent to 11.4 percent in the first six months of this year.

10 years ago

Questions on early reverse mortgages still linger

The borrower can't owe more than the value of the home.

10 years ago

Retirees shun condos, apartments for single-family homes

Seventy percent of respondents say they are most interested in a master-planned community.

10 years ago

Zillow finds 12 percent of Seattle homes ‘underwater’

The percentage of homes that had been in a negative equity position was reduced by 34.2 percent from last year.

10 years ago

What to do when no comparable sales surface

Old carpets, an old chest-type freezer, collectables from decades of a pack-rat existence packed the home to an almost overwhelming level.

10 years ago

Older and single make up greater first-time buyer group

The average first-time homebuyer is about 33 with a median income near $54,340,

10 years ago

Poor credit brings higher insurance rates, study reveals

Owners who have a fair credit score were found to pay 32 percent more for home insurance on average than someone with stellar credit, the study found.

10 years ago

Owners who lost homes set for strong return

The market will see an influx of buyers with past credit problems who are looking for mortgages.

10 years ago

Buy a vacation rental with a self-directed IRA

Some banks are discovering the real estate IRA niche and granting a "non-recourse loan" to the trustee for specific properties.

10 years ago

No personal use: Investor eyes high-end vacation rental

'The buyer probably has his homework and has a good idea of who would pay fifty grand a month for a rental.'

10 years ago

‘Prices rising just too fast’ – Realtor economist

Challenges center on a skilled labor shortage in the building industry as well as a shortage in the number of lots to build on.

10 years ago

Big on buying: Millennials shake ‘just renting’ perception

Millennials, those aged between 25 and 34, already make up the largest share of homebuyers at 32 percent, according to the National Association of Realtors.

10 years ago

Seattle rents on the rise, rank 8th in nation

Rents in Seattle are up 7.5 percent compared to a year ago, the eighth highest increase in the country, according to new survey from Axiometrics, a company specializing in apartment and student housing statistics.
10 years ago

Seattle homes flying off market in record time

The strength of the local economy, employment and income growth, and low inventories of homes for sale compared to demand are all factors that lead to faster selling times, according to economists.
10 years ago

What special-needs buyers want: Agents trained in universal design

One in five of buyers surveyed say that not having access to adequately trained real estate professionals poses a challenge in their housing search.

10 years ago

Three reasons it’s a great time to sell – RealtyTrac survey

Single-family home and condo sellers in the first half of this year sold for an average of 13 percent above their original purchase price.

10 years ago

Considering Canada: Financing takes a different look

A U.S. buck can now bring approximately $1.26 in Canadian goods.

10 years ago

Air conditioning bill high? State’s energy third ‘least expensive’

The website compared consumption rates and prices of four energy types: electricity, natural gas, motor fuel and home heating oil.

10 years ago

Rising equity floats all boats, especially credit lines

Delinquency rates on home-equity lines of credit dropped to their the lowest level in nearly seven years.

10 years ago

Weighing investments: No sunsets in stock certificates

Stocks don't create memories you get from living in a second home.

10 years ago

Local homeseekers don’t take a vacation break

"Educated buyers today are no longer just dipping their toes in the water. They are diving right in."

10 years ago

Dry weather spurs landscaping changes

The survey analyzed 1,600 homeowners who completed an outdoor project in the past 12 months, or are currently working on one, or are planning a project in the future.

10 years ago