July 2012

Found 49 blog entries for July 2012.

NEW YORK (CNNMoney) -- Home prices hit a bottom and are finally bouncing back, according to an industry report released Tuesday.

Nationwide, home values rose 0.2% year-over-year to a median $149,300 during the second quarter, the first annual increase since 2007, real estate listing site Zillow reported. Prices were up 2.1% from the first quarter.

 

Even though June marked the fourth consecutive month of home value increases, overall home prices are still down almost 24% since April 2007, when Zillow began to track home values.

"[I]t seems clear that the country has hit a bottom in home values," said Zillow's chief economist Stan Humphries. "The housing recovery is holding together despite lower-than-expected job growth, indicating that it has

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Much of the neighborhood's history is measured by its namesake, Northgate Mall, which opened in the spring of 1950. At the time, the area was outside Seattle, a semi-rural area of scattered homes, large lots, greenhouses and small farms. Pioneers Arthur and David Denny lived in the area, and in 1870 Arthur bought the land that included what are now the sites of the mall and North Seattle Community College.

What transformed the neighborhood later, according to historian Mimi Sheridan, was the then-unusual practice of assembling small properties into larger ones and creating larger developments. The mall was touted as the first regional shopping center in the country. Other Northgate developments were largely auto-oriented. Seattle has designated the…
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CLICK HERE to Read our August 2012 KEY Newsletter.  This issues offers an overview of the current NW housing market, Tips for Protecting Your Home, AUGUST Event Calendar including links to the areas FUN Summer Seattle Events.  Pointers on how to find the freshest fruits & vegetables this summer, including a link to all NW Farmers Markets.  Easy cleaning Tips and a link to many more!  Finally, we've offered a tasty Summer Appetizer Recipe and a link to follow us on Pinterest and our yummy appetizer board! 

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Fremont is a neighborhood in Seattle. Originally a separate city, it was annexed to Seattle in 1891. Named after Fremont, Nebraska, the hometown of two of its founders, L. H. Griffith and E. Blewett, it is situated along the Fremont Cut of the Lake Washington Ship Canal to the north of Queen Anne, the east of Ballard, the south of Phinney Ridge, and the southwest of Wallingford.

The Fremont Arts Council sponsors several highly attended annual events in Fremont. One of those events is the Summer Solstice Parade & Pageant, which has made Fremont famous for its nude Solstice Cyclists. Another event include Troll-a-ween and Fremont Oktoberfest.

Fremont has an eclectic mix of galleries, vintage stores, tattoo parlors, barbershops,…
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House prices, after falling for more than five years, are rising again. All the major sales-priceindexes show that there have been modest national increases in recent months, even after adjusting for seasonal patterns.

When foreclosures and distressed sales are excluded from the data, prices are up even more. And we should expect further gains: The asking-price index, a leading indicator of sales prices, published by Trulia Inc., climbed at an annualized rate of 3.3 percent in the second quarter of this year, adjusted for mix and seasonality, and rose in 84 of the 100 largest U.S. metropolitan areas.

Of course, if the U.S. economy falters, due to a deepening of the economic crisis in Europe or a wave of foreclosures, prices may reverse. For now,

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Stocks of homebuilding companies have taken off - but they still have room to run.

 

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FORTUNE -- It has happened repeatedly: The housing market shows hints of revving up only to sputter and stall. In fact, by Deutsche Bank's count, there have been seven false recoveries during the six-year national housing downturn. Now there are signs that a true residential property recovery is under way. Exhibit A: Stocks of homebuilding companies have soared, with many doubling over the past nine months. The good news for investors, according to analysts who track fundamental data, is that even after their gains, these stocks offer rich potential. 

The reason is straightforward. There's a looming shortage of new homes in the U.S., and construction will have

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