Jul

20

New Listing: 384 Palm Drive

Posted by Ken Poletski under For Buyers, Listings

Check out this new Single-family property that I just posted on my Web site. It is at 384 Palm Drive in Richland. This Single-family property has 4 bedrooms and 2.5 baths. Beautiful South Richland home located in a nice quiet neighborhood. Close to shopping, schools and more! Great floor plan with an open design perfectly set up for a family or someone who entertains. Spacious rooms, warm colors and lots of light. The backyard has a large trek deck as well as a huge patio area. Home orientates for shade in our warm summer afternoons. Owners have maintained the home and yard beautifully. Garden shed stays with property. Don’t forget about the concrete pad for your RV or boat.

Jul

8

I’ve just sold a Resale - single family property at 3561 Regent Street in Richland. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

Jul

8

Sold Listing at 2865 Riverbend Dr

Posted by Ken Poletski under For Buyers, Listings

I’ve just sold a New - single family property at 2865 Riverbend Dr in Richland. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

Jul

7

New Listing: 6615 Ruth Drive

Posted by Ken Poletski under For Buyers, Listings

Check out this new Single-family property that I just posted on my Web site. It is at 6615 Ruth Drive in Pasco. This Single-family property has 3 bedrooms and 2 baths. Cute house! Nice rambler with pergo floors, new light fixtures, new french doors, gas fireplace and 2 car garage on spacious lot.

Congress passed an extension of the closing deadline for the Homebuyer Tax Credit, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place as of April 30, 2010, that have not yet closed. The legislation is designed to create a seamless extension; the new closing deadline for eligible transactions is now September 30, 2010. There will be no gap between June 30 and the date the President signs the bill into law. Extending the tax credit closing deadline will help provide additional stability to real estate markets across the nation.

Jun

10

New Listing: 3580 Regent

Posted by Ken Poletski under For Buyers, Listings

Check out this new Single-family property that I just posted on my Web site. It is at 3580 Regent in Richland. This Single-family property has 3 bedrooms and 2 baths. Beautifully built home in Brookshire Estates. Location is great and close to everywhere. White Bluffs School is just two blocks away. This home has some awesome finish work with Granite Slab Counters on high end cabinetry, raised cielings, huge master bath suite with walk in closet. Home is open with a great flow. Backyard is spacious with storage shed.

Jun

10

Sold Listing at 6290 Polaris

Posted by Ken Poletski under For Buyers, Listings

I’ve just sold a property at 6290 Polaris in West Richland. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

Jun

2

Sold Listing at 5008 Robert Wayne

Posted by Ken Poletski under For Buyers, Listings

I’ve just sold a Single-family property at 5008 Robert Wayne in Pasco. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.

May

28

New Listing: 6507 Robinson

Posted by Ken Poletski under For Buyers, Listings

Check out this new property that I just posted on my Web site. It is at 6507 Robinson in Pasco. This property has 4 bedrooms and 2 baths. This is a beautiful 2 story home in great West Pasco neighborhood. Georgous pergo floors, frest coat of paint on the inside and newer carpets. Just a couple blocks from the park and schools. Good size rooms, formal dining, bay windows and a great yard for kids, pets and entertaining. Close to shopping and easy freeway access.

Rates sink to lowest this year

Freddie Mac says average rates for 30-year mortgages fall to 4.78 percent, shy of record low

WASHINGTON (AP) — Mortgage rates have fallen to the lowest level of the year as investors poured money into the safe haven of U.S. government securities.

The average rate on a 30-year fixed rate mortgage dipped to 4.78 percent this week from 4.84 percent a week earlier, mortgage company Freddie Mac said Thursday. It was the lowest level since early December, when rates fell to a record low of 4.71 percent.

The average rate on a 15-year fixed-rate mortgage fell this week to 4.21 percent– the lowest level in nearly two decades.

Concerns over the European debt crisis have sent yields for 10-year and 30-year Treasury bonds to their lowest levels of 2010. Rates on 30-year home loans often rise and fall in line with the 10-year note.

Analysts say the opportunity may not last. If Europe’s woes subside and the U.S. economic recovery stays on track, rates are likely to move higher. That’s because traders will move their money back into riskier investments.

“Strike now,” said Greg McBride, senior financial analyst at Bankrate.com. “If they move quickly against you, it just takes money right out of your pocket.”

Homeowners appear to be taking notice. Applications to refinance surged this week to the highest level since October 2009, the Mortgage Bankers Association said Wednesday.

But mortgage applications to purchase homes fell to the lowest level since April 1997. A major reason for that drop: tax credits expired on April 30.

A campaign by the Federal Reserve to reduce borrowing costs for consumers pushed rates down to extraordinarily low levels last year. Rates were expected to rise after the program ended this spring. Instead, they have dipped. Fears that Greece’s government would default on its debt shook world markets and boosted demand for U.S. Treasuries.

Freddie Mac collects mortgage rates on Monday through Wednesday of each week from lenders around the country. Rates often fluctuate significantly, even within a given day.

Rates on five-year, adjustable-rate mortgages averaged 3.97 percent, up from 3.91 percent a week earlier. Rates on one-year, adjustable-rate mortgages fell to 3.95 percent from 4 percent. That was the lowest average since May 2004.

The rates do not include add-on fees known as points. One point is equal to 1 percent of the total loan amount.

The nationwide fee for loans in Freddie Mac’s survey averaged 0.7 a point for 30-year, 15-year and 5-year loans. The average fee for 1-year loans was 0.6 of a point.

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