Woodinville Sports - Turf and Lights
Sports Field Project: Construction on the Sports Field Project, located at the southeast corner of 175th Street NE and 131st Avenue NE, began on November 2.
- The $3.8 million contract includes the construction of two new full-size soccer fields, which can be used for baseball or Little League fields, a new synthetic turf field surface, field and pedestrian lights, and a fitness loop that will surround the facility.
- The new synthetic turf and night lighting will allow the new fields to be utilized year round.
- Over the next month, work will focus on the installation of an under field drainage system, placement of a sand and crushed rock base layer, and placement of the field turf.
- Project update information is available via the City’s website at www.ci.woodinville.wa.us/CityHall/ProjectCEC.asp. For more information regarding this project, please contact Clint Moyer, Assistant Public Works Director, at 425.877.2294.
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Market Changes in Seattle Area
Our market shifts from a buyers’ market (tons of inventory) toward balanced market and even some “red”sellers’ markets (little inventory and multiple offers from buyers).
Statistics ( drawn from Northwest Multiple Listing Service) through October 2009 in the Seattle/King County metropolitan area.
- Red means a seller’s market where the inventory is low, buyers might be competing for properties.
- Green means a buyer’s market where inventory is plentiful, sellers might be lowering prices, and making concessions to buyers.
- Yellow, means a balanced market favoring neither buyer nor seller. A level playing field - inventory-wise.
Thanks for reading our blog. Shannon Graf at Windermere Real Estate/East Inc. compiles these wonderful graphs.
Inventory Decreases - Tri-County Area
Winter approaches on the Sammamish River near Woodinville - Inventory percentage change from a year ago decreased in all three Washington state counties - Snohomish, King, Pierce
- This year vs. last year King is down 12% this week vs. 15% for last week.
- Perhaps inventory decrease stems from listing agents encouraging sellers to keep houses off the market unit prices bottom. Many pundits say that bottom is already here.
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Invitation - Pictures with Santa
Friends, valued clients, business associates and neighbors …
Join us at our Windermere Woodinville office
(13901 NE 175th St. Woodinville - few doors down from Molbak’s)
- Friday, December 4th
- From 5:30 PM to 8:30 PM
- For courtesy photos with Santa (bring the children)
- Cookies and cocoa
- Sing some carols
- If you wish, donate to the Forgotten Children’s Fund
- Love to see you.
God bless.
$8,000 tax credit EXTENDED & EXPANDED
The President signed the Worker, Homeownership, and Business Assistance Act of 2009 on November 6, 2009. This extends and expands the First-time Homebuyer Tax Credit. Below are details about the extension as well as a details for a new tax credit.
- The current law has been extended until April 30, 2010. First-time homebuyers have until that date to have a signed purchase and sale agreement. There is an additional 60 day grace period to complete the financing.
- The new law raises the annual income limits to $125,000 for singles and $225,000 for married couples.
- Current homeowners may be eligible for a tax credit of up to $6,500. These homebuyers must have lived in their home for 5 consecutive years over the previous 8 years to qualify.
- The purchase must be for their primary residence, must be made between November 7, 2009 and April 30, 2010 and must be $800,000 or less.
- The income limits are the same as the first-time homebuyer listed above.
- The 36-month recapture requirement for military personnel, including members of the Foreign Service and intelligence community, forced to sell as a result of an official extended duty of service has been eliminated.
- The tax credit is extended for one year for military personnel serving outside the United States for at least 90 days in 2009 or 2010.
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YOUR FICO SCORE
You plan on buying a home. You will need to borrow. In the process of borrowing, your credit score will have a bearing on whether you get the loan you need.
FICO scores are based on information that is reported by creditors to Trans
Union, Equifax, and Experian. They are not affected by age, race, sex, or
income.
What are the primary factors that determine FICO credit scores?
· 35% is based on your payment history for all accounts
· 30% is based on the amount you owe on revolving accounts
· 15% is based on how long you have been using credit
· 10% is based on your applications for new credit
· 10% based on types of credit used
