Securing the Future: Choosing the Right Succession Plan

By Desiree FrenchRISMEDIA, March 26, 2007-If you die today or tomorrow what will happen to your heirs and your company? If you've devised a strategy to protect your assets that would be beneficial to both, then chances are you have very little to nothing to worry about. Unfortunately, some real estate brokerage owners aren't as [...]

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KB Home Takes Substantial Hit - But Remains Profitable

With the slow down in housing starts and new home sales, you would think that bankruptcy for the biggest builders in the country would be right around the corner. However, believe it or not, KB Homes is still a profitable company with a reduction in sales by 19 percent. One thing that the large builders [...]

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Dealing with FSBOs

Dow Jones’ MarketWatch recently published 6 tips for those planning on selling without a real estate agent. Aside from the basics, (staging it properly, having the proper support lined up, etc.) they gave the following advice:[ask] at least three agents for a free comparative market analysis before setting an asking price — as long as [...]

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Interest Paid?.is Interest Paid

Given a certain loan amount and a certain period of time, a good question to ask is which loan program would allow me to pay the least amount of interest over the set period of time? Let’s put it into actual numbers.Assume the following:- $230k loan amount- 6.125% interest rate- 5 year time period [...]

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Housing Starts Will Collapse in 3rd Quarter 2007

The recent data  that came  out for February, 2007, that housing starts were up by 9 percent  is wonderful news for the building community, but this will be the eye of the storm as building starts as a statistic will collapse in the 3rd quarter of 2007. And that is not all bad. In the [...]

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The Snohomish County Tax Man

As widely reported by the Everett Herald, The Seattle Times and the Seattle P-I, the Snohomish County Treasurer's Office mailed out their property taxes statements last week but with statements that are too high. The problem is that the Assessor's Office made a huge mistake by leaving out information on some taxable business equipment at a paper mill in Everett (a $150.3 million piece of information) which in turn increased everyone else's bills.

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Governor Seeks Aid for Coast: Homeowners Would Get Tax Breaks for Storm-Proofing and Insurance

RISMEDIA, March 26, 2007-(MCT)-Gov. Mark Sanford wants to blunt the impact of a coastal property insurance crisis by offering a slew of tax credits and tax exemptions for homeowners willing to spend money to protect and self-insure their homes.He could not say, however, how big those tax breaks would be, nor how the state would pay [...]

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September 2006 Statistics

Snohomish County

Residential sales volume for September 2006 decreased 12% from August 2006

All Sales 2006 (vs. Year-to-date 2005)

- Residential sales volume: up 22% to $5.4 billion
- Residential transactions: up 5% with 14,954
- Mobile home sales on land: up 29% to $107 million
- Plexes (2-5 units) sales: up 27% to $133 million
- Land sales: up 82% to $640 million
- Commercial volume: off 10% to $839 million
- Average residence: $359,043, up 16%

King County

Residential sales volume for September 2006 decreased 19% from August 2006

All Sales (vs. Year-to-date 2005)

- Residential sales volume: up 15% to $16.5 billion
- Residential transactions: up 4% with 36,701
- Mobile home sales on land: up 17% to $58 million
- Plexes (2-5 units) sales: unchanged at $410 million
- Land sales: increased 47% to $899 million
- Commercial volume: up 49% to $4.5 billion
- Average residence: $446,609, up 11%

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The Power of Staging

Just as a theater set designer helps the audience to visualize a farm, an English manor house, a tenanment on what would otherwise be a bare stage, a good Realtor will help buyers visualize a warm and inviting home in otherwise lifeless rooms.

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Mormon Church Boosts Salt Lake City’s Downtown

The capital's rebounding commercial real-estate market is poised to get another lift as the Mormon Church moves to redevelop about 20 acres in the heart of downtown.

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