Moses Lake Market Update

This is just for today. Still more SOLDs than New Listings.

Raymond Gravelle, Broker

Realty Executives Grant County

Your Residential & Commercial Expert
509.771.0027 cell/text

509-498-2056 fax

Spring Checklist for Your Home

Our friends over at Ace Hardware sent me this handy check list.

Raymond Gravelle, Broker

Realty Executives Grant County

Your Residential & Commercial Expert
509.771.0027 cell/text

509-498-2056 fax

Moses Lake market heating up

Spring time is here and the buyer's are waking up and grabbing some great deals on houses while interest rates are still low and there is a fair amount of inventory.

Today, 6 properties came on the market BUT 10 went under contract and 3 sales closed = shrinking inventory. (Last year we had 11 months of inventory, today, 5.8 months.)

If you are thinking of selling this would be a good time to put your property on the market. If you are thinking of buying, well, the low interest train is leaving the station, better get on. Twenty percent of the Moses Lake homes coming on to the market are selling in less than 30 days.

Email me at raymondgravelle@RealtyExecutives.com if you would like more information on market conditions.

Raymond Gravelle, Broker

Realty Executives Grant County

Your Residential & Commercial Expert
509.771.0027 cell/text

509-498-2056 fax

How to Find Real Estate for Sale in Moses Lake

Moses Lake is a home to many individuals and families who love to live in a large city with a small population. It has a big farming area as well. If you want to live in the place, how do you find a real estate for sale in Moses Lake? There are so many simple things you can do to find a good spot in the region. Read through the article and find out how easy it could be to get a property in the area.

Ask your friends or your relatives. If you know someone who is already living in Moses Lake, you can ask them to look for a good place for you. If you have relatives in the place, they can do the same favor for you as well. Just ask nicely and they might be more than interested to get you a good place in Moses Lake.

Check out home listings over the Internet. If you don’t know so many people around the area, you may use the internet conveniently. Surely, there are home listings that show properties that are up for sale in the Moses Lake area. The good thing when you look for listings is that you are sure that the houses are still up for sale. You can also view some of the features that come with the property. It is actually very convenient.

Look into Different Home Finders or Classifieds. If you don’t prefer looking into listings, you can try and get help from a home finder online. Home finders usually work similar to listings but they often have features that help you find homes for sale at a more specific level. You can make use of the classifieds as well. There are classifieds that you can use over the internet or you can use the traditional paper or magazine classifieds to find a perfect property for you.

Visit Local Villages and Look for them yourself. You can go on an adventure while looking for a perfect real estate property for sale in the areas of Moses Lake. It could take you some time and effort to travel to the place and roam around to find a perfect spot. However, the experience will allow you personal see the environment and how Moses Lake would look like. You can personally get in touch with the people in the place and see how well they can accommodate their future neighbors.

Hire a Credible Real Estate Agent. If you are busy with your job but are in dire need of a Moses Lake real estate property immediately, you can hire a real estate agent to work for you. The best thing in hiring an agent is that they are highly knowledgeable and skilled with everything that is related to real estate processes. They are familiar with the place and they will surely know which properties are for sale or not.

There are so many properties real estate for sale in Moses Lake. You just have to take the effort and time to find the perfect one that would best match with your preferences.

New CRE Loans Hit All-Time High

During the fourth quarter of 2013, commercial and multifamily mortgage originations were strong, boosting mortgage debt outstanding to a new all-time high. In fact, the fourth quarter marked the highest volume of commercial and multifamily mortgage originations since 2007, with all investor groups increasing their activity, according to the Mortgage Bankers Association's just-released 2013 Data Book. The level of commercial/multifamily mortgage debt outstanding reached $41.2 billion, or 1.7%, over the previous quarter.

Raymond Gravelle, Broker

Realty Executives Grant County

Your Residential & Commercial Expert
509.771.0027 cell/text

509-498-2056 fax

Home Prices Increase into Second Year

Home prices, including distressed sales, jumped 12.2% in February 2014 compared to a year prior, marking 24 months of consecutive year-over-year increases in home prices nationally, the latest CoreLogic report said.  Month-over-month it slightly increased by 0.8% in February compared to January.  And the same level of ferocity is seen at the state level.  Fourteen states showed double-digit growth year-over-year, in addition to 22 states posting at or within 10% of their price peaks.

Raymond Gravelle, Broker

Realty Executives Grant County

Your Residential & Commercial Expert
509.771.0027 cell/text

509-498-2056 fax

Think Interest Rates Are Going Lower?

Raymond Gravelle, Broker

Realty Executives Grant County

Your Residential & Commercial Expert
509.771.0027 cell/text

509-498-2056 fax

Rates a little better this week...

Interest rates are still low, historically speaking, but 1% more than a year ago. Hovering around 4.5%. 

Raymond Gravelle, Broker

Realty Executives Grant County

Your Residential & Commercial Expert
509.771.0027 cell/text

509-498-2056 fax

Buying Guide for Homes for Sale in Moses Lake

What your house looks like reflects some or most of your personality. If you own a house, you would want it to look the way you prefer it to be and call it your own home. If you are yet to buy your first or your next home, how would want to do it? What are the things that you need to prepare for when you buy homes for sale in Moses Lake? You can create a check list of the things you want to have in a home before you actually start looking for a target property.

When you buy a home, you should consider looking into your preferences first. Specify the things that you want to see in a home that you want to buy in Moses Lake. On your list, you should consider putting the following information:

1. Location of the house; if it is near schools, churches, department stores, etc.

2. The characteristic of the environment; the type of neighborhood, gated village or not, distance from one home to another

3. Size of the house; make sure it can accommodate everybody in the family. Not too big or too small. Consider the number of bedrooms and baths.

4. The type of home; whether you want it as a single detached home or a duplex or an apartment.

5. Specify if you want a house with a very wide yard or if that is not much of your concern.

6. You may want to have a home that has existing amenities in it like pools or landscaped garden, gazebo, parking space or a garage and other add-ons.

7. Price you are willing to pay

You can add more information on the list. Make sure that you specify the detail of characteristics that you want to see in a Moses Lake home. Although you should not base everything on the price of the house, it is still good to set a good budget, one that you are sure you can afford to pay.

When you complete the list, you can start looking for a good real estate company to help you out. Make sure that you are talking to a credible company so you would not have too many problems in dealing with them. The company will surely provide you with an agent r real estate specialist to personally go over your preferred real estate needs. You can ask the company to provide you with the best agent they have to make sure your transactions are swift and done with quality.

If you have reached a specific local real estate company, you can ask them to help you find the best property that matches with your preferences. You can tell them about the things that you have on your list and they will help you find just the perfect place in Moses Lake. Among the Many homes for sale in Moses Lake, there will surely be one that would fit with your needs. The real estate company will be able to do wonders in looking for your future home and make sure you are more than comfortable and welcome to live in the Moses Lake region.

IS THE MARKET SLOWING DOWN?

Home sales declined in February to the lowest level since mid-2012, according to the National Association of Realtors. The number of contracts signed with the intention of purchasing properties fell that month to the lowest since 2011, according to the Realtors’ group. While the numbers are seasonally adjusted, they can be influenced by unexpected events such as unusual weather.

Applications for mortgages to purchase homes dropped in February to the lowest since 1995, according to an index from the Mortgage Bankers Association that also is seasonally adjusted. By mid-March, the gauge regained about 12 percent from that low, while remaining about 17 percent below the level it was during the same week in 2013.

But there is hope. The housing market, like the rest of the economy, is on a gradual recovery path. In the next months, we’re going to see the Spring market come to life after seeing an unusually harsh winter.

Here in GRANT COUNTY we are seeing tight inventory and many buyers coming into the market. The foreclosed properties are still keeping a lid on any significant price appreciation. There are some excellent values out there combined with low interest rates makes now a good time to buy a home.

Raymond Gravelle, Broker

Realty Executives Grant County

Your Residential & Commercial Expert
509.771.0027 cell/text

509-498-2056 fax

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Great blogging class. These Executives at Realty Executives are so tech ready to market your home with the most exposure.