Economic Stimulus and Housing. by Jen Hudson, GRI

How will another economic stimulus package effect home sales?  According to National Association of Realtors Chief Economist Lawrence Yun, he says it is worth 7 percentage points.  Let’s explain what that really means. 

While I haven’t counted the numbers yet, we should finish off 2008 with somewhere around 5 million existing home sales.  According to Yun, if we see a federal stimulus package that actually provides real help to home buyers by making mortgage financing available at below-market rates, we should expect to see a 10 percent hike in sales.  That means an extra 500,000 existing homes sold… pretty significant.  Without a stimulus?  The gain should be closer to 3 percent.

The fact is that monthly sales are holding steady, even on a national level.  The challenge is that steady sales aren’t enough to bring down inventory levels.  To get inventories back down, something needs to happen to drive people back into the market to buy.  That’s where a stimulus would play in.

It’s not just a “housing problem.”  Without a turn around in home sales, the broader economy can’t hope to recover.  People complain that it is the housing and the financial sector that got us into this mess…. Well, I guarantee you it’ll be the housing market that gets us back out!

Let’s think restoration and stability.

What might we expect in 2009?  I believe that seller’s will be more realistic about their prices.  I also think that those who don’t HAVE TO sell will finally pull their homes off the market.  And, we’ll turn around shortly after.

It’s my honor and a privilege working for you.  Here’s to a challenging, yet very hopeful 2009!  Now, let’s go buy some of those deals before they’re gone!

Jen Hudson, GRI

Office: (360) 652-1200

Cell: (206) 293-1005

jen@jenhudsonhomes.com

Realtor with RE/MAX Signature

Want to learn more about real estate?  Visit my website at www.jenhudsonhomes.com

7150 286^th Pl NW, Stanwood WA 98292

MLS# 28077172

Listed at $269,995

Stick the landlord!! Why make his mortgage payments when you could be buying this 3 bedrm rambler in the best neighborhood in Stanwood with (a possible no-down payment) and low monthly payments. White painted millwork, heatilator brand gas fireplace w/surround & mantle. Exterior is Hardie Brand Cement Board w/cultured stone accents. Fully landscaped front yard. OVERSIZED Garage-5′ extension on garage. Lauren Hills @ Kylie Park is a beautiful community w/wide tree lined streets.

This home was sold for at the DR Horton Public Auction for a final price of only $220,500!  That’s 82% of the asking price!

Now is a great time to buy or invest in real estate!  Call Jen, she’ll help you find a phenomenal deal. 

Jen Hudson, GRI

Office: (360) 652-1200

Cell: (206) 293-1005

jen@jenhudsonhomes.com

Realtor with RE/MAX Signature

Want to learn more about real estate?  Visit my website at www.jenhudsonhomes.com

MLS# 28133925

Listed at $344,995.  SOLD at $285,999!

The Most Wanted Poster prepared by home buyers would perfectly describe this beautiful home. Master on the Main! Bright & Open floorplan w/light filled rooms!Stunning kitchen design with ample cabinets & counter space! Vaulted ceilings & cozy corner fireplace highlight the family room. Extended hardwoods on main floor. 5 piece master bath suite. Large bonus room +2 bedrms +full bath grace the uppper level of this home! Ready for you to enjoy the holidays in your new home!!!

This home was sold for at the DR Horton Public Auction for a final price of only $285,999!  That’s 83% of the asking price!

Now is a great time to buy or invest in real estate!  Call Jen if you’re looking for a phenomenal deal. 

Jen Hudson, GRI

Office: (360) 652-1200

Cell: (206) 293-1005

jen@jenhudsonhomes.com

Realtor with RE/MAX Signature

Want to learn more about real estate?  Visit my website at www.jenhudsonhomes.com

Want to own a city block? Complete with 7 occupied rental homes!

MLS# 28198218

130XX 23^rd & 24^th Avenue S

Seatac, WA 98168

Offered at $1,450,000

Incredible opportunity to own a city block! 8 parcels included in this sale that include 7 occupied rental homes and 1 building lot. Current zoning allows for up to 13 parcels, survey complete for an easy conversion to 11 lots.

All homes on all public utilities and vacant lot has working water/sewer hook-ups.  Existing rental income roughly $84,900/yr and increasing soon.

Possible partial seller financing available. Countless possibilities! Keep homes for rental income or develop for the future.

For additional information, please contact:

Jen Hudson, GRI

(206) 293-1005 cell

(360) 652-1200 direct

jen@jenhudsonhomes.com

www.jenhudsonhomes.com

Realtor with RE/MAX Signature

1286 Uplands Dr, Camano Island WA 98282

MLS# 28134149

Your Private Oasis Awaits…

Welcome home.  This 1700sf home rests perfectly on a rich, oversized lot.  A fully fenced backyard, 2 separate decks, plentiful garden space & more complete your private oasis!

Enter into a spacious living room w/ wood-burning FP, soaring ceilings and open kitchen.  Tons of counter & storage space. Bonus room with slider to great deck for entertaining. Master suite boasts a private bath, walk-in closet & separate office space with door to a private deck.

Oversized parking +RV Parking & 2 car garage. Community offers 3 private beaches, clubhouse & pool!

This home is what memories are made of. 

Visit  http://marketing.remaxdesigncenter.com/55/71055/682294 for a virtual tour, additional photos & information.  Please call me with any questions, to request an informational packet or to schedule a showing!

Jen Hudson, GRI

Office: (360) 652-1200

Cell: (206) 293-1005

jen@jenhudsonhomes.com

Realtor with RE/MAX Signature

Want to learn more about real estate?  Visit my website at www.jenhudsonhomes.com

MLS# 28190811

550 Waterline Loop, Camano Island

Offered at $695/month

550 Waterline Loop, Camano Island

How would you like to wake up to this incredible view every morning?  There is something truly special about this home that can’t be described.  Maybe it is the gorgeous view of the water, or the peaceful feeling from looking across to the Cascades or watching the snow geese land in the nearby fields.  You won’t find a more affordable home in such a good condition.  Newer carpet, updated light fixtures and so much more are waiting to greet you. 

You’ve got to see it to believe this value.  12mo lease preferred, 6mo lease minimum, but you’ll never want to leave!  Offered at only $695/month.

Watch a video tour at http://www.youtube.com/jenhudsonhomes.

For additional information, please contact:

Jen Hudson, GRI

(206) 293-1005 cell

(360) 652-1200 direct

jen@jenhudsonhomes.com

www.jenhudsonhomes.com

If you’re just starting out, looking to downsize, or maybe want a new investment???Opportunity is knocking! 3bd/2ba 1173sf townhome that is close & convenient to everything! Home has been very well maintained. Living room with vaulted ceilings, quaint kitchen, large attached garage, master with a private bath & so much more! Great Lakewood school district. Minutes to new shopping centers. Neighborhood also offers a great playground & athletic court!

NEWLY UPDATED UNITS IN LAKEWOOD/TACOMA!

Driving Directions:

Heading South on I-5 take exit 127, Head west on SR512, Right on South Tacoma Way, Left on 100th St SW, Left on Lakeview Ave SW.  Units are located by Bucky’s.

Newly Updated! New carpet, paint, some windows, updated bath & more in these great 2bedroom, 1bath, 720 square foot units.  These units feature a spacious laundry room, perfect for additional storage, fridge, oven, and a full size washer & dryer!

Plenty of parking. Both an upper & ground floor unit available.  Convenient location makes for easy commuting… just minutes from I-5 & SR512.

1 year minimum lease agreement.  $35 application fee (per person over 18yrs old).  1st month & security deposit due with signing.  No smoking.  Pets ok with additional $25/month per small pet with approval of owner.

$700/mo includes water, sewer (septic) & garbage. Call for an appointment to view your new home.

Check out the virtual tour at: http://marketing.remaxdesigncenter.com/55/71055/712961

10122 Lakeview Ave, Lakewood WA 98499

$700/mo includes water, sewer, garbage

Contact: Scott at (425) 775-5600 or scott@itglobalventures.com

Jen Hudson, GRI

Office: (360) 652-1200

Cell: (206) 293-1005

jen@jenhudsonhomes.com

Realtor with RE/MAX Signature

Want to learn more about real estate?  Visit my website at www.jenhudsonhomes.com

JUST LISTED! Mixed-Use Commercial Acreage. 1.73-13.83 Acres Available

MLS# 28164231

CORNER LOT! 13.83 Acres on  Blaine Road, Blaine WA 98230

Driving Directions:
West off I-5 Exit 270 (Birch Bay Square); West on Birch Bay-Lynden Road; Left on Blaine Road; All 4 parcels on right at corner of Blaine/SR 548 and Alderson are available.

Proposed Mixed-Use General Commercial Zoning.  Allows for Business, Commercial, Office,  Residential, Retail & more! Bring your visions. 

Survey Completed, Parcels are marked & easily visible.  Level & completely DRY, ready to build.  Birch Bay UGA of Whatcom County envisions “Civic Uptown Town Center”.  Walking distance to Birch Bay & the water, yet minutes from I-5, Semiahmoo, downtown Blaine & the Canadian Border.  This location will be the heart of Birch Bay in the near future.  Get started today.

Possible Financing Available, ask for details.  13.83 Acres for $925,000.

Jen Hudson, GRI
Office: (360) 652-1200
Cell: (206) 293-1005
jen@jenhudsonhomes.com
Realtor with RE/MAX Signature
Want to learn more about real estate? Visit my website at www.jenhudsonhomes.com

NEWLY UPDATED UNITS IN LAKEWOOD/TACOMA!

10118 & 10120 Lakeview Ave, Lakewood WA 98499
MLS# 28164016 & 28164019
$700/mo includes water, sewer, garbage

Driving Directions:
Heading South on I-5 take exit 127, Head west on SR512, Right on South Tacoma Way, Left on 100th St SW, Left on Lakeview Ave SW. Units are located by Bucky’s.

Newly Updated! New carpet, paint, some windows, updated bath & more in these great 2bedroom, 1bath, 720 square foot units. These units feature a spacious laundry room, perfect for additional storage, fridge, oven, and a full size washer & dryer!
Plenty of parking. Both an upper & ground floor unit available. Convenient location makes for easy commuting… just minutes from I-5 & SR512.
1 year minimum lease agreement. $35 application fee (per person over 18yrs old). 1st month & security deposit due with signing. No pets & No smoking.
$700/mo includes water, sewer (septic) & garbage. Call for an appointment to view your new home.

Check out the virtual tour at: http://marketing.remaxdesigncenter.com/55/71055/712961

Contact: Scott at (425) 775-5600 or scott@itglobalventures.com  

Jen Hudson, GRI
Office: (360) 652-1200
Cell: (206) 293-1005
jen@jenhudsonhomes.com
Realtor with RE/MAX Signature
Want to learn more about real estate? Visit my website at www.jenhudsonhomes.com