For the Love of Real Estate ~ Life in the Magic Valley of Walla Walla

National and Local Real Estate News. The average homeowner has a net worth that is about 41 times greater than that of a renter, according to a report from the National Association of Realtors. Homeowners’ net worth averaged between $150,000 and $200,000 this year, according to NAR. The trade gro...

Walla Walla Home Buyers Learn About The Fannie Mae HomePath Program. Buyers have you heard of the Fannie Mae HomePath program? It could open up more alternatives for you ~ the buyer. This special program is available on certain Fannie Fae homes specified with the following logo:   The Fannie Mae ...

Safety Tips for Homeowners.  A good list of items that should be in working order include: * Hot water heater must have 2 braces and they should be tight and not loose * Kitchen stove anti-tip brackets * Fire extinguishers in the kitchen and garage * Replacing smoke detectors that are over 10 yea...

HUD Homes with 50% Discount through Good Neighbor Next Door Program.  Police, firefighters, EMTs and Teachers can buy HUD Homes with a 50% Discount through the Good Neighbor Next Door program from the U.S. Department of Housing and Urban Development. Watch this great slide show by Arizona Real Es...

Current Mortgage Interest Rates in Walla Walla County. Here is your mortgage rate update. These interest rates are accurate as of Nov 26, 2010. 30 Year Fixed Rate # 4.375% with 1.25 points and $0.00 rebate # 4.5% with 0.75 points and $0.00 rebate # 4.625% with 0.375 points and $0.00 rebate 15 Yea...

Real Estate News This Week for Zip Code 99362. . . Consumer confidence and business spending are key to whether the U.S. housing market will move into a virtuous or a vicious cycle in 2011, NAR Chief Economist Lawrence Yun told a packed audience at the Residential Economic Outlook Forum in New Or...

Tis the Short Sale Season in the magical, snow covered valley of Walla Walla.  Preferred Properties Land and Homes has 4 new Short Sale listings  that were added to our office inventory this past week.  From $80,000 to $225,000 we have a nice selection.  Preferred Properties. . .Your Certified Sh...

Walla Walla, Washington A Winter Wonderland. . .The magic began today with the first snow fall of the season! I woke up this morning to snow on the roof tops.  I wondered if I would have a good turnout for my open house due to the chilly weather conditions.  I am proverbial optimist so naturally ...

What INTEREST RATES ARE DOING. . . . Rates hit record lows again this week, however they did trend up as the week progressed and this movement was not reflected in Freddie Mac’s averages. Freddie Mac announced that for the week ending November 11, 30-year fixed rates averaged 4.17%, down from 4.2...

Our youth at risk in Walla Walla County is by far the most important blog I have ever written.   This topic is close to my heart, as I am single parent to a very talented, smart and sweet 15 year old boy who answers to the name, "Bennie."  I am grateful that my son has a fantastic group of friend...