Kent, WA Real Estate News

By Reba Haas, Team Reba, CDPE
(Team Reba of RE/MAX Metro Eastside www.TeamReba.com)
My friend, Chris Busa, and his awesome jazz band are playing in a south end venue for once! Sadly, I'm already booked with doing some set up for recording with DoveLand Band this weekend, but if you're on the south end, or nearby, this is worth coming to hear. Plus it's in a cool, swanky martini bar... what's better than that?!?! Saturday, June 2 8 - 10 pm Shindig Martini Bar 222 First Avenue Kent, Washington 98032 (253) 520-4705 map Featuring Ambience Jazz Quintet No Cover WWW.AMBIENCEJAZZ.NETSee More AmbienceJazz.net WWW.AMBIENCEJAZZ.NET Ambience is a four-piece band from Seattle who specialize in jazz from the golden era of American music as well as Brazilian and other Latin genres
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By Ross Kilburn, www.SeattleShortSales.com
(Seattle Short Sales)
This Green Tree Short Sale Case Study for Kent, WA, was originally published in the Seattle Short Sales, Inc., blog on May 29, 2012.Property Location: Kent, WA - King County1st Lender: Green TreeHardship: One year after purchasing his home, this Kent, WA, homeowner’s employer downsized, resulting in the elimination of his position, and demotion and substantial pay cut. The following year he was transferred to an office a one and a half hour drive away from the home. His family was forced to move, and rent out the home for less than what the monthly mortgage payments were. In spite of that, he managed to keep current on his mortgage payments for nearly two years. However, it eventually became impossible for him to continue to pay the mortgage as well as provide for his family. With a tot...
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By Rene Fabre, Marketing in the Digital Age
(First American Title)
Out for a morning coffee and breakfast with my friend Dave Hoskin. We try to get together at least once a month to catch up on life, current events, reminisce about the old days, a little philosophy, politics, art, and always music, writers, and literature. We were a little disoriented and at a loss for words when we pulled up to our favorite breakfast place and found it closed. How could this be? I had a flashback to that scene of immense disappointment in National Lampoon’s Vacation. Remember all their crazy mishaps driving across country and when the Griswold’s finally arrive at Walley World, "America's Favorite Family Fun Park" Clark (Chevy Chase) actually thinks they're first to arrive but it’s actually closed for two weeks. We headed for Kent and turned onto Meeker Street in old t...
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By Kendra Todd
(The Kendra Todd Group)
    Amazing opportunity to own this immaculate 3 bedroom home for sale in Kent WA. Enriched with all the basic amenities, this 3 bedroom home for sale in Kent WA offers you a fresh start with spacious rooms, an attached car garage, large parking space, a fireplace, cozy environment and much more.The master bedroom in this alluring 3 bedroom home for sale in Kent Washington boasts an impressive layout. The modernized kitchen exhibits plenty of counter space and other amenities. Your convenience has been completely considered in this 3 bedroom home for sale in Kent, WA. This home features 3 bathrooms which are fitted with top class accessories and the spacious living room provides plenty of room for entertaining.Do you like walking in the park and enjoying the tranquility present around y...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
Kent WA Real Estate - Homes that Sold March 2012 The following chart shows the properties that have sold during the proceeding months.  For the month of March there were 114 homes that sold - which means they closed and transfer of ownership was recorded at the King County Courthouse.  That is a huge jump in solds for the last 12 months, in fact the larges closing month in the last 12 months.  That is 30% over March 2011.  Lets look at what this means in the next chart.  Below is the chart that shows the Months supply of Inventory.  Inventory in the Kent area is WAY down - down 60% from March 2011. The data shows that it is a seller's market currently in Kent!     This next chart shows you how many properties went under contract during the month of March in Kent.  These homes show as pe...
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By Karim Khoury
(REMAX Town Center)
Schedule a Showing/Request Info Search All Homes For Sale FREE List of Home Available with NO Money Down Kent, WA Homes for Sale Karim Khoury REMAX Town Center RTC Team 425-406-6216 Questions?Schedule a Showing! Information valid for the date of this posting only. Please contact us for the most current information and status of this property. 6707 S 239th St #D104Kent, WAScan with your smartphone & take me with you. Description Photos Maps & Local Schools Virtual Tour Move in Ready 2 Bdrm Home Zero Down Financing $ Click for current price2 BEDROOMS2 BATHROOMS (2 full) 1207 Square Feet This Kent home qualifies for zero down financing. Fannie Mae Value Priced Townhome! Last sold in '09 for $209,950! Beautiful and immaculate townhome spotless and move in ready. Main floor has a great open...
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By Karim Khoury
(REMAX Town Center)
Schedule a Showing/Request Info Search All Homes For Sale FREE List of Home Available with NO Money Down Kent, WA Homes for Sale Karim Khoury REMAX Town Center RTC Team 425-406-6216 Questions?Schedule a Showing! Information valid for the date of this posting only. Please contact us for the most current information and status of this property. 27042 111th Ct. SEKent, WAScan with your smartphone & take me with you. Description Photos Maps & Local Schools Virtual Tour Move in Ready 5 Bdrm Home Zero Down Financing $ Click for current price5 BEDROOMS2 BATHROOMS (2 full) 2230 Square Feet This Kent home qualifies for zero down financing. Fannie Mae Value Priced Home ready for new owners! Priced $60k under assessed value for quick sale. Immaculate 5 bdrm home, on Kent's East Hill. Grand formal...
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By Phil Ross, MLO-150797
(Doorway Home Loans)
Free First Time Home Buyers Classes Kent,WA Phil Ross of Guild Mortgage in Kent, WA offers FREE First Time Home Buyer Workshop , highlighted by Down payment assistance programs & first time home buyer benefits. With historically low rates, and homes more affordable than they have been in years, opportunities for First time Home Buyers are flourishing. First time Home Buyers education is a necessity and knowing what to expect during the buying process makes all the difference. Phil has been a Real Estate Professional in Washington State since 1993. He was recently selected by clients, peers and industry experts as a 2011 Five Star Professional for providing exceptional service and overall satisfaction among mortgage professionals in the Seattle area.  Phil specializes in educating first...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
Kent WA Real Estate | Homes that Sold January 2012 During the month of January there were 60 homes (residential excludes condos) that sold in Kent, Washington. These homes all have the city listed as Kent which would include areas of unincorporated King County. Any of the homes out in Covington that are not in the Covington City limits will be reported in the Kent market data. If you would like to see stats for an individual neighborhood just fill out the form below and we can get the information to you. These Kent WA homes actually had a transfer of home ownership. Contracts complete and lender funds available for the home buyer. The seller signed all of their documents and escrow prepared the closing packages for all parties. Once all the I’s were dotted and the T’s crossed there wher...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
Welcome to the year 2012!  I am calling a Buyer's market in Kent WA.  It's all about supply and demand with any type of product and a house is no different.  Currently in Kent WA there are 407 homes on the market, 67 homes pending their inspection and 157 homes that are pending having already had their inspections.  These 67 homes will most likely close and ownership transfer in the next 30-90 days.  In January 43 of those 157 went pending with 9 pending inspection and 12 pending SS.  There are a total of 69 homes currently in the SS pending status.  These homes are waiting for the underlying lien holder to approve the short sale price submitted.  In January there were 60 homes sold in Kent WA.  Now remember these figures are only for homes that are in the Kent area, which can include t...
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By Colleen Fischesser Northwest Property Shop, A Tradition of Trust in the Pacific NW since 1990!
(NextHome Experience)
 This should have been an easy short sale. The Owner had reached out to her lender, Wells Fargo to begin the pre-foreclosure paperwork. Her loan was insured by FHA and she would need to be approved to participate in the short sale process.  Having been referred to me by a work colleague, we met on a late Summer Saturday morning and talked price and process. She had a new job waiting for her out of state and would be leaving Washington within the next 30 days. Good news was, the appraisal had already been completed.  It's good news because in an FHA short sale, an appraisal is used to determine the net offer which would be acceptable to the investor. Cool....we know our price. Even cooler, we get an offer on the first day, from the first buyer who viewed the unit. (Granted it showed well...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
    Kent WA Real Estate | Homes that Sold December 2011 During the month of December there were 75 homes (residential excludes condos) that sold in Kent, Washington. These homes all have the city listed as Kent which would include areas of unincorporated King County. Any of the homes out in Covington that are not in the Covington City limits will be reported in the Kent market data. If you would like to see stats for an individual neighborhood just fill out the form below and we can get the information to you. These Kent WA homes actually had a transfer of home ownership. Contracts complete and lender funds available for the home buyer. The seller signed all of their documents and escrow prepared the closing packages for all parties. Once all the I’s were dotted and the T’s crossed ther...
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By Phil Leng, Phil Leng - Retired
(Retired)
2011 Condo Market Report for Kent, Washington2011 Condo Market Report for Kent, WashingtonKent real estate was on a lot of peoples minds this last year. Now that the year is over we can report activity, averages and trends in this 2011  Condo Market Report  for Kent, Washington.I would characterize Kent real estate activity as brisk and picking up based on the experience of the Phil Leng Team. We sold 68 homes this past year, with an average market time of 49 days!However the overall statistics for Kent are sobering. Look at this graph. The red bar is the number of houses for sale in any given month. The Green bar is the number of houses sold in any given month. Which of these two categories would you want to be in? The red category, or the green category? If you use The Phil Leng Team ...
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By Phil Leng, Phil Leng - Retired
(Retired)
2011 Market Report for Kent, Washington2011 Market Report for Kent, WashingtonKent real estate was talked about at every turn this last year. Whether it was neighbors, or at work, real estate was top of the mind. Now that the year is over we can report activity, averages and trends in this 2011 Market Report for Kent, Washington.I would characterize Kent real estate activity as brisk and picking up based on the experience of the Phil Leng Team. We sold 68 homes this past year, with an average market time of 49 days!However the overall statistics for Kent are sobering. Look at this graph. The red bar is the number of houses for sale (and not sold) in any given month. The Green bar is the number of houses that actually sold in any given month. Which of these two categories would you want ...
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By Rene Fabre, Marketing in the Digital Age
(First American Title)
I love impromptu and a good challenge, and I really enjoy making videos. With changes at work come new and different apps and programs. My toolbox at home doesn't mix and match much with my setup at work. So the challenge I gave myself here was to adapt and to kick something out as fast as possible. I set my timer for 1 hour. Jill Bell, one of our south King County sales & marketing reps at First American showed up with a Santa hat on that simply cracked me up! I pulled out my trusty Blackberry 8330 and started shooting video as she walked across the parking lot. I have Windows 7 and Office 2010 at work. I didn't have any video editing software installed so I jumped online to find Movie Maker, Microsoft's free video software. Yeah!, there's a new version so I downloaded it. I love anoth...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
Originally posted at www.homefrontrealtyonline.com Kent WA Real Estate | Homes that Sold November 2011   During the month of November there were 81 homes (residential excludes condos) that sold in Kent, Washington. These homes all have the city listed as Kent which would include areas of unincorporated King County.  Any of the homes out in Covington that are not in the Covington City limits will be reported in the Kent market data. If you would like to see stats for an individual neighborhood just fill out the form below and we can get the information to you. These Kent WA homes actually had a transfer of home ownership. Contracts complete and lender funds available for the home buyer. The seller signed all of their documents and escrow prepared the closing packages for all parties. Onc...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
It might be too late to be in for Christmas, but I think you just might be able to pop some bubbly on New Years Day in your brand new Kent home if you purchase a new construction home "off the rack". Currently in Kent there are 29 new homes to choose from that are complete and ready to move into. These brand new homes start at the amazing price of $239,950, for a 3 bedroom 2.5 bath almost 1700 sq ft home! If you need more bedrooms there is one that is 5 bedrooms for $369,000 that is almost 2800 sq ft. Wow! If you want me to send you this list just fill out the form below and I will send it. Just put the words "Home for the New Year" in the message section of the contact form.    
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
New Homes Sold | Kent New Construction | What happened over the last 8 years? For several years I sold new homes in the Kent area of South King County. I so love new construction! I enjoy explaining the new construction process to new home buyers who have decided they must have a new home. The excitement of buyers when they move into a brand new home is so much fun to watch! Buying a home in so exciting in itself but buying a brand spanking new home is out of this world! Watching the process from the foundation forms being laid to the roofing material being delivered can be very exciting. Sure, you have to wait a few months before you can move in, but that wait is full of choosing colors and carpets and planning how to decorate that special loft area over looking the staircase. There is...
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By Rene Fabre, Marketing in the Digital Age
(First American Title)
When did it start? What platform was the first social network? In the beginning there was the word. Well in truth it was probably just a grunt."Ugh, he say's loudly," pointing upward toward the bright harvest moon. His gaze slowly follows round the fire briefly stopping in silence to touch each face dancing in the dark through flickering flames. It’s autumn and the night sky is clear and cold. As we huddle closer within our circle of warmth, we know what he means. Winter's just around the corner. This evening the unknown remains quiet, somewhere out there in the night. Yet we know it’s coming. We believe in us, but yearn for assurances. The journey to future is unknown and come spring, we ponder who will be here, some may not.Survival is so wired into our DNA and we know our chances are...
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By Jo Olson, Retired - HOMEFRONT Realty @ LAKE Roosevelt
(HOMEFRONT Realty)
I want to be a home buyer!  Once again today interest rates dropped!  Of course you need to have stellar credit to get the lowest rate but still! Look at the rates - hover around 4%!  I can't even comprehend that!  My first home had an interest rate of 12%, but of course the price was the same as what I paid for my last car.  Because I am underwater in my home I have been unable to refinance since 2006. My rate is almost 8%!  Think how much I could cut if I could refinance! But, I really want to be a home buyer!  I want to go out and find a home for sale at the same price I did in 2006 - you know how much more home I can get today for what I was looking for back then?  My money would sure buy more home today!  Not only would I have more home I would have less payment.  If I could sell m...
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