Showing posts with label yakima. Show all posts
Showing posts with label yakima. Show all posts

Friday, April 1, 2011

Need Yakima Washington Area Plumbers?

A full service septic, drain, sewer and plumbing company in Yakima Washington. Call for free estimates at 509-248-7243. If you need a Yakima plumber, look no further. We have all the experience and specialized equipment to do any job, whether you need repair work, repiping, or if you are building a new home and need to have it plumbed. We are licensed septic / drain field designers and installers as well. We also offer Video Pipe Inspection and locating, High Velocity Watter Jetting, Septic Pumping and Portable Toilets.

Tuesday, March 29, 2011

Absolute Drain & Septic of Yakima Washington

Here is a quick video I put together for Absolute Drain & Septic. Fast and friendly Plumbing Service.

Sunday, November 7, 2010

November 7, 2010 Yakima Real Estate- The crisis in the real estate market - Realty Tours Northwest of Yakima

In this Yakima Real Estate video Ed Butowsky, Managing Partner of Chapwood Investment Management, joins Varney & Company to discuss the real estate market and its growing crisis despite bailout plans by this administration.

Saturday, October 9, 2010

October 9, 2010 Today's Yakima Real Estate Market - Seattle Area Home Sales Statistics. - Realty Tours Northwest of Yakima | Yakima WA Real Estate and Homes For Sale

"This is my first video of real estate statistics for September 2010. The data is for King County, Pierce County, and Snohomish County (Greater Seattle Area) in Washington State. I plan to provide a monthly video market update, so please subscribe and visit my website at ListedByStephanie.com"

Thursday, October 7, 2010

Yakima Rentals, Apartments and Homes for Rent - Realty Tours Northwest of Yakima

REALTY TOURS NORTHWEST provides VIDEO TOURS of Yakima homes for rent, apartments, duplexes, condominiums, homes for sale, commercial listings, vacation rentals and more. Wether you are a For Sale By Owner or a Realtor.....we can gain the MOST exposure to your Yakima County and surrounding area listings! We are located in Yakima Washington and we now have some new price packages to fit your budget.

Tuesday, October 5, 2010

Local agents monitoring glut of real estate-owned homes | Yakima Herald-Republic

 

YAKIMA, Wash. -- Residents of Selah's outlying areas often drive by the all-brick exterior home on 1100 Selah Loop Road.

For two Sundays last month, those neighbors got to look inside the 1960s-era house that piqued their curiosity.

Most were in awe at how large that home was from the inside -- it's more than 4,100 square feet with four bedrooms, a finished basement and living areas.

"It just keeps going and going," said Lanny Lowe, 57, of Selah, who toured the house Sept. 26.

The Selah home is a real estate-owned home, or REO, a foreclosed home that a bank repossesses, usually after the home fails to sell during a trustee sale.

REOs have increased in Yakima County over the past few years.

Through August, there were 213 REOs in Yakima County in 2010, according to RealtyTrac, an Irvine, Calif., firm that tracks foreclosure trends. That is fewer than the 218 REOs during the same period in 2009, but well above the 61 REOs in 2008.

Banks may do nothing with the REOs or rent them out, but eventually the homes are put on the local real estate market.

"In the last week, I've had a real influx of (REO) listings," said Phil Barnes, an agent with Creekside Realty in Yakima.

The REOs come from all price ranges, not just the inexpensive ones.

"They're all over the county," said Lynda Hopkins, an agent for Yakima's Lakemont Real Estate who markets REOs properties, including the home in Selah. "There are expensive homes people can't afford."

 

Overall, Yakima County's real estate market has fared better than other parts of the United States, but the local real estate industry is still paying attention to the increase in REOs.

There are different theories on the cause of the increase.

One is that federal efforts, such as loan modification programs, created a delay of some homes going into foreclosure.

But those homes eventually went into foreclosure and created an additional influx of bank repossessions in the past few months.

Another theory is that foreclosures have increased, caused by everything from bad mortgage loans to a fallout from a higher number of people out of work.

In July, about 1.3 percent of mortgages for Yakima County homes were in foreclosure, compared with 0.99 percent at the beginning of 2010 and 1.03 percent in July 2009, according to CoreLogic, a Santa Ana, Calif., firm that provides consumer and financial data.

And a greater number of those foreclosures are failing to sell on the courthouse steps, leading to more bank repossessions.

Foreclosed homes are sold every Friday morning at the Yakima County Courthouse. The sale is done by firms working on behalf of a trustee, usually a bank or a company representing the bank.

In the past, about one out of every 15 Yakima County homes auctioned off would sell, said Dennis Copeland, owner of Legal Couriers Inc., a firm that posts foreclosure notices and conducts the trustee sales at the courthouse.

These days, it's more like one out of 20 homes, he said.

"The problem that I noticed just recently is that there is a lot of (foreclosed) properties where the deed of trust is from 2007, 2008, 2009," Copeland said. "There is no equity."

Often banks will collect price estimates from real estate brokers or home appraisers on local homes that are several months delinquent on mortgage payments. The bank uses them to decide how to sell the homes if they go into foreclosure and are repossessed, Barnes said.

Barnes said he's doing about 10 such price estimates a week as of late, compared to just one or two a few years ago.

For him, it's another indicator of more foreclosures and more bank repossessions in the county.

 

REOs and other foreclosed homes made up 9.3 percent of Yakima County's real estate sales for July, well below that of the national rate of 17.9 percent, according to Seattle-based real estate firm Zillow.com.

But some believe REOs may play a bigger role in a market that is starting to see a slowdown in housing activity.

In August, residential home sales dropped by 20.9 percent in dollar volume and 23.8 percent in the number of sales from August 2009, according to Headwaters-The Source, a Selah-based firm that tracks Yakima County real estate sales.

REOs create additional competition for an already-growing inventory of homes on the market.

As of the end of June, the supply of homes on the market in Yakima County was nine months, according to the Washington Center for Real Estate Research. The supply for a balanced market is usually five to seven months.

Bank owners have no emotional attachment or financial need to price it too high, said Kenny Nelson, broker of DK Bain Real Estate Inc. in Sunnyside.

The goal for these banks is to break even, he said.

Monthly median prices for bank-owned homes sold in Yakima County so far in 2010 have ranged from $59,000 to $119,250, according to Headwaters-The Source.

That range is much less than the monthly median price of homes overall, which ranged from $145,000 to $160,000.

Another issue is a reduction in potential buyers due to the expiration of two homebuyer tax credits -- $8,000 for first-time home buyers and $6,500 for repeat home buyers.

And there are even fewer buyers for homes that are in the higher-priced ranges. Homes that cost more than $250,000 have at least a year's supply, according to the Washington Center for Real Estate Research.

The home on Selah Loop Road was initially listed at $419,000 when it was put on the market more than four months ago. It did not even sell when the listed price dropped to $279,000.

"Not everyone needs 4,100 square feet or wants to pay $500 a month in property taxes," Hopkins said.

Fannie Mae, which currently owns the home, tried another tactic Friday to get the home sold: a private auction.

There were about 20 registered bids on the home, Hopkins said.

The auction company, Williams & Williams, would not reveal the final bid, stating that the information was proprietary between the seller and the prospective buyer once the auction concluded.

Despite the increase of foreclosures and REOs in Yakima County, other markets in the country are in worse shape.

The percentage of mortgages nationwide in foreclosure during July was 3.13 percent, more than double Yakima County's rate of 1.3 percent, according to CoreLogic.

"All of their performance numbers are very low relative to the U.S., and at those rates distressed properties will not have a large impact on the market," said Sam Khater, senior economist for CoreLogic.

Local agents believe there may not be enough REOs and foreclosed homes to create huge revenue declines locally. But they're watching to see if the increase is great enough to stall sales activity growth for several years, especially if high unemployment continues to be an issue.

"This isn't going to go away any time soon," Barnes said.

For more information go to:

zillow.com
corelogic.com
realtytrac.com

* Mai Hoang can be reached at 509-577-7685 or mhoang@yakimaherald.com.

October 5, 2010 Today's Yakima Real Estate Market - Pricing Your Yakima Home For The Market

In markets such as this, it is not unusual for a home to have a market value less than the amount the owner purchased it for and has spent improving or maintaining it.

Not every dollar spent improving or maintaining a home will increase its market value. Improvements such as adding additional square footage or updating a kitchen or bathroom typically have a higher rate of return. Replacing old shingles or other maintenance projects will not necessarily increase the home's market value.

If you're thinking about making improvements to your home, contact your real estate agent as he or she can help you determine what project will give you the highest rate of return. And when you're ready to sell, your REALTOR® can help you determine the market value of your home, guide you as to how to price it, market the home, and guide you through the sale process.

Monday, October 4, 2010

Sunday, October 3, 2010

Whistlin' Jack Lodge & Resort on Chinook Pass WA Video Tour - Realty Tours Northwest of Yakima Washington

http://www.whistlinjacklodge.com - Just 27 Miles east of the Chinook Pass Scenic Byway summit along WA State Route 410 sets Whistlin' Jack Lodge & Resort. Built in 1931, the original lodge that served as a waypoint for weary travelers along the route was purchased by the Williams Family in 1957 and transformed to what has become a world class tradition in mountain hospitality.

The lodge that exists today was built around the original building and relics of the old historic lodge can still be found through-out the building today, including the old original natural stone fireplace found in the Fireside Lounge.

Whistlin' Jack Lodge today is a favorite getaway for those Mount Rainier/Chinook Pass area travelers and tourists looking for a Mountain Retreat which is centrally located on the Naches River between the summit of Chinook Pass and Yakima Washington.

Accomodations at the Lodge include:

* Cabin, Cottage and Bungalow Rentals
* 8 Unit Riverside Motel
* Northwest Cuisine Riverfront Dining
* Fireside Cafe & Lounge
* Premium Yakima Valley Wines
* Live Entertainment
* Banquet Room for Weddings, Business Conferences, Seminars, Reunions
* Unique Gifts, Souvenirs & Collectables
* 24-Hour Shell Gas Station
* Grocery Store
* Cliffdell Delicatessen

Visit http://www.realtytoursnorthwest.com for information about the greater Yakima Valley Area and Video Tours of Homes for sale on Chinook Pass.

Friday, October 1, 2010

October 1, 2010 - Today's Yakima Real Estate Market

In the current real estate market, is it a good time to downsize and sell the family home?
What is the best season to sell a home?
Is it possible to make money when selling a home to downsize to a smaller residence?

Thursday, September 30, 2010

Will Real Estate Video Help U Sell Your Yakima Home?

The preceding real estate video tour has been active for about 3 months and has received over 2000 views and can be found all over the internet, in search engines everywhere for search terms related to Chinook Pass and Yakima Washington. The numbers are staggering to say the least. The video has also been used as the feature video on several real estate classified sites as well.
However.....does that mean that the house will certainly sell with those kind of numbers? Not necessarily. Selling a home in today's market....along with all the advanced tools at our
disposal like YouTube, Facebook, Twitter and such is only a little bit of "icing on the cake"

Location, Condition and Price are still the most important factor when it comes to getting your Real Estate sold.

The beauty behind the concept of real estate listings on video is in the concept that "people LOVE video" and a video opens the doors of a property listing.... 24-Hours-A-Day in ways that PHOTOS simply CANNOT. Therefor, any given real estate listing that has a video tour WILL receive double, triple, quadruple and often times 100X more exposure to MORE people than any other listing that DOES NOT have a video tour.

It is all about the NUMBERS.

MORE exposure = MORE buyers.

A professionally produced video tour engages the audience, and as a result...the video will end up being shared all over the world, thus it will end up being syndicated in ways that any traditional method of Real Estate Advertising will not.

Conclusion - In most cases and when done properly by a professional, a Real Estate listing that includes a video will have MORE PEOPLE seeing the inside of the home (just like being there) in 1 month....than 10 years if that same listing was on the market with traditional forms of marketing.
The math is simple.....and the future of real estate does not include print advertisement or simple photos.

I did a little research on the life- span of newspapers and telephone books and found some great articles from very reliable resources such as New York Times and CNN Money that talk about the demise of newspapers as we know them on my Yakima Real Estate Blog.

Today's Yakima Real Estate Market Pending Sales - Sept 30, 2010 - Realty Tours Northwest of Yakima | Yakima WA Real Estate and Homes For Sale

Why should I care about pending sales? What do they tell me about a real estate market. Home Encounter - Tampa's foremost real estate expert - takes 3 minutes to tell you why you should care about pending sales. We discuss what they tell you about a local real estate market and how you can make better decisions when you know about what sales are pending. Home Encounter has practices in Residential Sales, Consulting, Property Management and Investment Properties, and it cares about it's clients enough to publish these informative videos.

Wednesday, September 29, 2010

Will Real Estate Video Help U Sell Your Home? - Realty Tours Northwest of Yakima

The preceding real estate video tour has been active for about 3 months and has received over 2000 views and can be found all over the internet, in search engines everywhere for search terms related to Chinook Pass and Yakima Washington. The numbers are staggering to say the least. The video has also been used as the feature video on several real estate classified sites as well.
However.....does that mean that the house will certainly sell with those kind of numbers? Not necessarily. Selling a home in today's market....along with all the advanced tools at our
disposal like YouTube, Facebook, Twitter and such is only a little bit of "icing on the cake"

Location, Condition and Price are still the most important factor when it comes to getting your Real Estate sold.

The beauty behind the concept of real estate listings on video is in the concept that "people LOVE video" and a video opens the doors of a property listing.... 24-Hours-A-Day in ways that PHOTOS simply CANNOT. Therefor, any given real estate listing that has a video tour WILL receive double, triple, quadruple and often times 100X more exposure to MORE people than any other listing that DOES NOT have a video tour.

It is all about the NUMBERS.

MORE exposure = MORE buyers.

A professionally produced video tour engages the audience, and as a result...the video will end up being shared all over the world, thus it will end up being syndicated in ways that any traditional method of Real Estate Advertising will not.

Conclusion - In most cases and when done properly by a professional, a Real Estate listing that includes a video will have MORE PEOPLE seeing the inside of the home (just like being there) in 1 month....than 10 years if that same listing was on the market with traditional forms of marketing.
The math is simple.....and the future of real estate does not include print advertisement or simple photos.

I did a little research on the life- span of newspapers and telephone books and found some great articles from very reliable resources such as New York Times and CNN Money that talk about the demise of newspapers as we know them on my Yakima Real Estate Blog.

Today's Yakima Real Estate Market - Sept 29, 2010 - Realty Tours Northwest of Yakima

Equity Investments CEO Sam Zell discusses why he is optimistic about the current state of the real estate market.

Tuesday, September 28, 2010

Saturday, September 25, 2010

Today's Yakima Real Estate Market - Sept 26, 2010 - Realty Tours Northwest of Yakima

Charles Lieberman, chief investment officer at Advisors Capital Management LLC, and Demir Gjokaj, an analyst at Majestic
Research, talk about the outlook for the U.S. housing market. Lieberman and Gjokaj also discuss the U.S. economy and stocks. They talk with Roben Farzad on Bloomberg Television's "Taking Stock."

Thursday, September 16, 2010

2 Brand New Real Estate Developments - Realty Tours Northwest of Yakima

Two brand new developments are coming to the internet that will benefit both Real Estate Agents and Video Tour Service Providers which will ultimately provide a means to showcase a property via a video tour and generate more viewers for the listing.

1. Google has acquired Quiksee 

Quiksee allows users to upload interactive photo and video tours of real-world locations with geo tagged information and place them on online maps. Once the transition takes place, Google Maps will include the videos in their Street View browsing. The enhancement to Google Maps will be a great add-on feature for real estate listings as the viewer can get a great view of the property and surrounding neighborhood as well as the ability to now watch a video of the home's interior.

2. Twitter has announced "Split Screen"

Twitter will be unveiling a new user enhancement dubbed "SplitSreen" Users will now be able to view photos and videos on Twitter without leaving the TWITTER application. The new integration will help entice users to view more videos and photos on Twitter as they won't have to leave Twitter and stay on the site longer. This too will ultimately lead to more property views for those real estate listings that include video.