The Other Vancouver

There is a great story in the Chicago Tribune about the other Vancouver.

Don’t confuse this Washington beauty with the host city for this year’s Winter Olympics; it may not have a luge course, but there’s still plenty to do and see in the other Vancouver.

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Fannie Mae Foreclosure Help

Fannie to Offer Closing Cost Aid on Foreclosures

Fannie Mae, the largest provider of residential home funding in the United States, says it will now help pay the closing costs on purchases of foreclosed homes in its inventory.
They will assist buyers of qualified properties with up to 3.5 % in closing costs, or an equivalent amount for the purchase of new appliances.

Call us today to help you find your best home bargain in Vancouver and Portland. I specialize in short sales and foreclosed properties.

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Real Estate is Improving

If the past equals the future and if our neighbor is any indication of things to come. Then California’s inventory of unsold, previously owned homes shrank to a five-year low in December, in another sign that the state may be coming out of its worst housing slump in decades.

The inventory levels are now at their lowest level since 2005, resulting in frenzied sales with multiple offers in some cities.

California’s housing market is closely watched because it is the nation’s biggest and helps fuel both the state’s economy and the national building industry.

I mention this only because California is a bellwether State. Like it or not. The State tends to be a forecast of nationwide economic prosperity. So the good news is the real estate market is improving.

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