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Daniel R. Levitan posted a blog post

A great sales experience is essential for the homebuilding industry!

Although I was not raised in the “South”, I am a southern transplant and I do a lot of business here.  As I do not wish to offend, I am therefore cautious not to allow my “Northern” cultural heritage to show through.  I lower the volume of my voice, reduce the pace of my speech and am as courteous as my less than genteel upbringing will allow.  Therefore, my experience at lunch today was quite a surprise.  Having only a few spare minutes between meetings, I ran down the street to the local bar…See More
yesterday
Ralph Jackson posted a blog post

Hi, everyone

My first post, Google
yesterday
Brad Toft posted a blog post

The Future of Mortgages--More Restructuring of the Industry Is On It's Way

The market for mortgage backed securities (bonds) are due to be re-structured in the not-so-distant future. As the mortgage and real estate markets have largely healed since the crash in 2009, the inevitability of change may bring  about an interesting set of circumstances. Some are predicting the restructuring or replacement of Fannie and Freddie will increase rates and the hurt the affordability of real estate. Fannie Mae and Freddie Mac were created decades ago to expand the liquidity of the…See More
yesterday
Casey Bowers is now a member of The New Home Council
yesterday

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Sixth Annual Tribute Awards

For Class & Awards Ceremony Tickets:

Clock Hour Class (1-4 pm)
The Power of Understanding People
with Dave Mitchell
Snacks and refreshments

Reception (4-5:30 pm)
Libations and light hors d’oeuvres

Awards Celebration (5:30-9 pm)
Full dinner


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FIRST YEAR FREE TO QUALIFIED PROFESSIONALS!
We make it easy to join online. Simply fill out this form and make your secure payment with a credit card or PayPal. You will be given immediate access to the “Chambers” where you can get to know other members.

Membership is open to members of any Washington State Home Builders Association affiliated with the BIAW. Annual New Home Council dues are $50.00 per year. First year dues are waived to promote membership. Note: If you’re not already a member, note that when you join your local home builders local association, you automatically become a member of all three levels of the National Association of Home Builders federation, including National (NAHB) Washington State (BIAW) and your local association.


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Blog Posts

Hi, everyone

Posted by Ralph Jackson on October 21, 2014 at 1:21pm 0 Comments

My first post, Google

The Future of Mortgages--More Restructuring of the Industry Is On It's Way

Posted by Brad Toft on August 14, 2014 at 3:31pm 0 Comments

The market for mortgage backed securities (bonds) are due to be re-structured in the not-so-distant future. As the mortgage and real estate markets have largely healed since the crash in 2009, the inevitability of change may bring  about an interesting set of circumstances. Some are predicting the restructuring or replacement of Fannie and Freddie will increase rates and the hurt the affordability of real estate.
 
Fannie Mae and…
Continue

A great sales experience is essential for the homebuilding industry!

Posted by Daniel R. Levitan on August 14, 2014 at 1:55pm 0 Comments

Although I was not raised in the “South”, I am a southern transplant and I do a lot of business here.  As I do not wish to offend, I am therefore cautious not to allow my “Northern” cultural heritage to show through.  I lower the volume of my voice, reduce the pace of my speech and am as courteous as my less than genteel upbringing will allow.  Therefore, my experience at lunch today was quite a surprise.  

Having only a few spare minutes between…

Continue

“KEEP THE CHANGE”

Posted by Daniel R. Levitan on July 26, 2014 at 5:35pm 0 Comments

keep the change #2 I hate loose change.  What I once loved as a small child, collecting shiny pennies, nickels, dimes and, when lucky, even quarters, has become a nuisance, weighing down my pockets and setting off the metal detectors at airports and government buildings. Panhandlers on the street are less than grateful and usually sneer when you actually give them your “loose…

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Economic Statistics Reported for April 2014

Posted by Jeffrey Fugami on May 4, 2014 at 8:33am 0 Comments

Hello Members,

Overall the housing market is still robust.  Although Existing Home Sales, New Home Sales and Mortgage Applications were weaker along with stronger Housing Start data, the Case Shiller index was surprisingly still strong. The economic conditions appear to be sending mixed signals to the market with lower interest rates and higher inflation which may reflect a higher level of uncertainty and confusion.  

Other than that it looks like this year is…

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Economic Statistics Reported for March 2014

Posted by Jeffrey Fugami on April 2, 2014 at 4:44am 0 Comments

Hello Members,

The supply and demand data for the month of March tend to support stable prices at elevated levels for now. With the Case-Shiller index at well over the fair value of 1 and interest rates ticking a little lower to stimulate demand, contrary supply data supports lower prices.

It is a pretty calm period for now but it may be the quite before the storm! I thought a cartoon may amuse you this month! Enjoy…

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Economic Statistics Reported for February 2014

Posted by Jeffrey Fugami on March 3, 2014 at 3:13am 0 Comments

Hello Members!

The demand for New Home sales was stronger during January!  However, the demand for Existing Homes and Pending Home sales was lighter and supply data was weaker which kept downward pressure on prices in check.   Overall pricing data was neutral with the Case Schiller index virtually unchanged at 165.69.  (see the attached)
 
The Consumer Price index ticked up and the 10 year bond yield ticked down which was a little…
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Louis Howard releases new book From Here To There on Amazon

Posted by Louis Howard on February 20, 2014 at 10:43pm 0 Comments

Louis Howard adds to to his accomplishments in real estate with the publishing of a new best selling book entitled From Here To There on Amazon and Barnes & Noble.



The book shares Howard's autobiographical journey from failure to success. The book commemorates Howard's 25 years as a real estate and new home professional. Howard shares the secrets of his success and accomplishments in achieving over a billion dollars in transactions, the first African American to be hired as an… Continue

Economic Statistics Reported for January 2014

Posted by Jeffrey Fugami on February 4, 2014 at 7:25am 0 Comments

Hello Members,

Congratulations to the Seahawks!  The year is starting off great for the us in the Pacific Northwest.  Hopefully, the housing market will be just as kind to us in this area.  Looks like there may be some headwinds ahead for the overall market.  The weaker supply and demand data shows a market that appears to be fatigued.   With the Case-Schiller index still at elevated levels, interest rates at relatively low levels and the Consumer Price Index flat, there appears to be…

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Economic Statistics Reported for December 2013

Posted by Jeffrey Fugami on January 4, 2014 at 8:27am 0 Comments

Happy New Year Members!

Two notable statistics really caught my eye this time around.  New Home sales surged in October, but later fell a little in November and Housing Starts exploded in November.  The large increase in supply appeared to have mitigated the potential impact of the strength in demand on prices.  Although the Case Shiller index inched forward, the supply and demand factors had a "wash" effect.  (see the attached for additional comments and stats)

We are at a…

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