THE BARRANS REPORT - HOT REAL ESTATE DEALS FOR PACIFIC NORTHWEST!

The Barrans Report – Hot Puget Sound Real Estate

For the week of November 1, 2009

Each week SouthSoundForeclosures.com & Help-U-Sell Barrans Realty are searching the multiple listing looking for “HOT” Real Estate deals in the South Sound area of Washington State.

Featured Home of the Week

$265,000 - 5061 50th Ct SE, Lacey, WA 98503, Beds: 4, Baths: 3, Sq Ft: 2086, Lot Sz: 0.150ac, Yr: 1996, Beautiful home, great location! 4 Bed, 3 Bath, 2082 SF split-level on .15ac lot. Large Kitchen w/ eat sp & all new appliances, opens to dining & living area. New flooring throughout - extra padded carpet, and hardwood floors. Newly landscaped & fully fenced backyard with aggregate patio, walkways & RV pad. 2 Car garage with ample storage. Home sits at end of cul-de-sac next to a private park. Close to bus line, shopping, several Lacey parks, and easy commute to I-5. Home warranty included! http://www.servingpugetsound.com/mls/14-29092156

King County

http://www.servingpugetsound.com/mls/14-29151717 - $699,900 - 15318 NE 138th Pl, Redmond, WA 98052, Beds: 4, Baths: 2.75, Sq Ft: 3,560, Lot Sz: 66,211 sq ft, Yr: 2007, Assessed Value: $957,000, Last Sale in 2007: $969,000, Priced at nearly $300k under assessed value.

http://www.servingpugetsound.com/mls/14-29150609 - $260,900 - 27229 105th Ave SE, Kent, WA 98030, Beds: 4, Baths: 2.5, Sq Ft: 1950, Lot Sz: 8,571 sq ft, Yr: 2004, Assessed Value: $358,000, Great condition for almost $100K below assessed value!!

http://www.servingpugetsound.com/mls/14-29127642 - $259,900 - 974 Anacortes Ct NE, Renton, WA 98059, Beds: 3, Baths: 2.5, Sq Ft: 2000, Lot Sz: 7221 sq ft, Yr: 1976, Assessed Value: $380,000, Last Sale in 2006: $358,000, $120,000 below assessed value!

http://www.servingpugetsound.com/mls/14-29151774 - $476,777 - 28120 SE 384 St, Enumclaw, WA 98022, Beds: 4, Baths: 3, Sq Ft: 3100, Lot Sz: 10.29 ac, Yr: 1979, Assessed Value: $630,000, Additional dwelling is 2000 sq ft 2bed/3bath. Includes 30x70 shop w/office. 4800 sq.ft barn. 3 horse stall w/ plenty of storage. Over $150,000 below assessed value.

Pierce County

http://www.servingpugetsound.com/mls/14-29150404 - $205,000 - 1623 203 St Ct E Spanaway, WA 98387, Beds: 4, Baths: 2.5, Sq Ft: 2677, Lot Sz: 4500 sq ft, Assessed Value: $257,800, Last Sale in 2007: $289,000, Get a USDA loan for $84,000 less then last price paid on this newer home.

http://www.servingpugetsound.com/mls/14-29151690 - $185,000 - 17822 97th Ln E Puyallup, WA 98375, Beds: 3, Baths: 2.5, Sq Ft: 2995, Lot Sz:.17ac, Assessed Value: $291,700, Last Sale in 2007: $348,451, This huge home is almost $164,000 less than last sold price, That's $61.00 per sq ft.

http://www.servingpugetsound.com/mls/14-29151228 - $139,590 - 12307 219 Ave Ct E, Bonney Lake, WA 98391, Beds: 3, Baths: 1, Sq Ft: 840, Lot Sz: 10,800 sqft, Yr: 1980, Assessed Value: $193,200, Last Sale in 2005: $170,000, Stick built, 1/4 acre, garage, Under $150K!

http://www.servingpugetsound.com/mls/14-29150465 - $204,900 - 208 Kendall St Ne Orting, WA 98360, Beds: 4, Baths: 2.5, Sq Ft: 2490, Lot Sz: 7840 sq ft, Yr: 2005, Assessed Value: $263,200, Last Sale in 2005: $258,950, It is in move in shape and $60K below assessed value!!

Thurston County

http://www.servingpugetsound.com/mls/14-29151572 - $202,900 - 16339 Cascadian Ct SE, Yelm, WA 98597, Beds: 3, Baths: 2.5, Sq Ft: 2200, Lot Sz: .15 ac, Yr: 2006, Assessed Value: $270,600, Last Sale in 2009: $231,691, Three years young, and almost 70K under assessed!

http://www.servingpugetsound.com/mls/14-29148515 - $325,000 - 3626 Melichar Ln NW, Olympia, WA 98502, Beds: 4, Baths: 2.5, Sq Ft: 3102, Lot Sz: .12 ac, Yr: 2006, Assessed Value: $381,900, Last Sale in 2009: $332,000, Desirable West Olympia with attractive layout, thousands under assessed!

Mason County

http://www.servingpugetsound.com/mls/14-29150866 - $169,900 - 1710 Ward Rd, Shelton, WA 98584, Beds: 3, Baths: 1.75, Sq Ft: 1748, Lot Sz: 2.61 ac, Yr: 1947, Last Sale in 2005: $303,000, HUGE LOT, HUGE SHOP, $134K below last sale

Kitsap County

http://www.servingpugetsound.com/mls/14-29148961 - $275,000 - 1619 Cottman Ave, Bremerton, WA 98312, Beds: 4, Baths: 3.5, Sq Ft: 3305, Lot Sz: 0.11ac, Yr: 2006, Assessed Value: $371,020, Last Sale in 2009: $410,503, Construction not completed, great deal for the money!

http://www.servingpugetsound.com/mls/14-29151664 - $277,800 - 1433 Peter Hagen Rd NW, Seabeck, WA 98380, Beds: 3, Baths: 2.5, Sq Ft: 2285, Lot Sz: 2.7 ac, Yr: 2003, Assessed Value $335,300, Last Sale in 2003: $289,000, Almost $60K below tax assessment with just shy of 3 acres

Snohomish County

http://www.servingpugetsound.com/mls/14-29151465 - $432,900 - 9826 162nd St SE, Snohomish, WA 98296, Beds: 4, Baths: 2.5, Sq Ft: 2,988, Lot Sz: 12,197 sq ft, Yr: 2005, Assessed Value: $557,100, Last Sale in 2005: $499,950, Priced at $120k under assessed value for this 2-story Craftsman in excellent condition.

http://www.servingpugetsound.com/mls/14-29149481 - $195,000- 3807 Hoyt Ave Everett, WA 98201, Beds: 3, Baths: 1.75, Sq Ft: 1,522, Lot Sz: .11 Acres, Yr: 1904, Assessed Value: $267,000, Last Sale in 2006: $305,000, Old World Charm! At $110K below last sale!!

http://www.servingpugetsound.com/mls/14-29148871 - $174,900 - 4425 126th Pl Marysville, WA 98271, Beds: 3, Baths: 1.75, Sq Ft: 1812, Lot Sz: .19 Acres, Yr: 1979, Assessed Value: $265,000, Last Sale in 2002: $182,550, Great Location and Price!, Over $90k below assessed value!!

THIS WEEK’S NEW FORECLOSURES WITH WATERFRONT/WATERVIEW, NEW CONSTRUCTION, AND WITH 1 OR MORE ACRES.

NEW CONSTRUCTION FORECLOSURES THIS WEEK

Pierce County New Construction Foreclosures

$660,000 Fox Island 4420sf, http://www.servingpugetsound.com/mls/14-29151294

$189,900 Anderson Island 2052sf, http://www.servingpugetsound.com/mls/14-29150544

$249,950 Puyallup 2168sf, http://www.servingpugetsound.com/mls/14-29152061

$1,050,000 Sumner 5300sf, http://www.servingpugetsound.com/mls/14-29151094

Kitsap County New Construction Foreclosures

$940,000 Bainbridge Island 4007sf, http://www.servingpugetsound.com/mls/14-29150737

$975,000 Bainbridge Island 4359sf, http://www.servingpugetsound.com/mls/14-29150340

Snohomish County New Construction Foreclosures

$419,950 Marysville 3693sf, http://www.servingpugetsound.com/mls/14-29152169

Mason County New Construction Foreclosures

None this week

Thurston County New Construction Foreclosures

$399,000 Yelm 2525sf, http://www.servingpugetsound.com/mls/14-29151789

$399,000 Yelm 2487sf, http://www.servingpugetsound.com/mls/14-29151790

King Co New Construction Foreclosures

$695,000 Seattle 3400sf, http://www.servingpugetsound.com/mls/14-29152031

$884,950 Redmond 3813sf, http://www.servingpugetsound.com/mls/14-29150659

$889,950 Redmond 3678sf, http://www.servingpugetsound.com/mls/14-29149996

$750,000 Redmond 3435sf, http://www.servingpugetsound.com/mls/14-29148504

WATERFRONT/WATERVIEW FORECLOSURES

Snohomish Co Waterfront/view Foreclosures

None this week

King Co Waterfront/view Foreclosures

$501,900 Seattle 2750sf, http://www.servingpugetsound.com/mls/14-29151297

$296,505 Seattle 2550sf, http://www.servingpugetsound.com/mls/14-29150938

$796,900 Issaquah 3460sf, http://www.servingpugetsound.com/mls/14-29150222

$915,750 Sammamish 5320sf, http://www.servingpugetsound.com/mls/14-29151783

$114,900 Federal Way Condo 1009sf, http://www.servingpugetsound.com/mls/14-29151734

$597,000 Seattle Condo 2079sf, http://www.servingpugetsound.com/mls/14-29151022

$210,000 Seattle Condo 866sf, http://www.servingpugetsound.com/mls/14-29150926

$222,700 Kirkland Condo 670sf, http://www.servingpugetsound.com/mls/14-29151418

$194,040 Seattle Condo 581sf, http://www.servingpugetsound.com/mls/14-29151819

$945,900 Seattle Condo 1654sf, http://www.servingpugetsound.com/mls/14-29150571

Pierce Co Waterfront/view Foreclosures

$660,000 Fox Island 4420sf, http://www.servingpugetsound.com/mls/14-29151294

$435,000 Tacoma Browns Point 3130sf, http://www.servingpugetsound.com/mls/14-29150867

$129,900 Tacoma Condo 1998sf, http://www.servingpugetsound.com/mls/14-29151300

Kitsap Co Waterfront/View Foreclosures

$724,900 Port Orchard 3452sf, http://www.servingpugetsound.com/mls/14-29150252

Thurston Co Waterfront/view Foreclosures

$399,000 Yelm 2525sf, http://www.servingpugetsound.com/mls/14-29151789

$399,000 Yelm 2487sf, http://www.servingpugetsound.com/mls/14-29151790

Mason Co Waterfront/view Foreclosures

None this week

FORECLOSURES WITH A MINIMUM OF ONE ACRE

Snohomish Co Foreclosures with Acreage

$371,250 Snohomish 14.16 ac., 2496sf, http://www.servingpugetsound.com/mls/14-29151366
$264,900 Snohomish 1.7 ac., 2039sf, http://www.servingpugetsound.com/mls/14-29152115

$289,900 Snohomish 1.31 ac., 1596sf, http://www.servingpugetsound.com/mls/14-29150937

$501,287 Bothell 3.44 ac., 2344sf, http://www.servingpugetsound.com/mls/14-29150380

$405,500 Lake Stevens 1.00 ac., 4282sf, http://www.servingpugetsound.com/mls/14-29150086

$336,600 Marysville 2.91 ac., 4686sf, http://www.servingpugetsound.com/mls/14-29150153

King Co Foreclosures with Acreage

$476,777 Enumclaw 10.29 ac., 3100sf, http://www.servingpugetsound.com/mls/14-29151774

$549,000 Kent 1.49 ac., 5190sf, http://www.servingpugetsound.com/mls/14-29150457

$699,900 Redmond 1.52 ac., 3560sf, http://www.servingpugetsound.com/mls/14-29151717

Pierce Co Foreclosures with Acreage

$450,000 Puyallup 1.2 ac., 3880sf, http://www.servingpugetsound.com/mls/14-29151974

$1,050,000 Sumner 4.96 ac., 5300sf, http://www.servingpugetsound.com/mls/14-29151094

$228,900 Buckley 4.86 ac., 1800sf, http://www.servingpugetsound.com/mls/14-29150190

Thurston co Foreclosures with Acreage

$182,000 Olympia 1.2 ac., 2289sf, http://www.servingpugetsound.com/mls/14-29145174

$399,500 Olympia 1.13 ac., 2350sf, http://www.servingpugetsound.com/mls/14-29093154

$364,900 Yelm 4.78 ac., 3926sf, http://www.servingpugetsound.com/mls/14-29150816

Kitsap Co Foreclosures with Acreage

$724,900 Port Orchard 2.47ac., 3452sf, http://www.servingpugetsound.com/mls/14-29150252

$277,800 Seabeck 2.7ac., 2285sf, http://www.servingpugetsound.com/mls/14-29151664

$139,900 Hansville 5.0ac., 1316sf, http://www.servingpugetsound.com/mls/14-29151196

$364,900 Poulsbo 2.82ac., 2774sf, http://www.servingpugetsound.com/mls/14-29149488

$165,000 Bainbridge Island 1.65ac., 2168sf, http://www.servingpugetsound.com/mls/14-29150603

$940,000 Bainbridge Island 2.3ac., 4007sf, http://www.servingpugetsound.com/mls/14-29150737

$975,000 Bainbridge Island 2.3ac., 4359sf, http://www.servingpugetsound.com/mls/14-29150340

Mason Co Foreclosure with Acreage

$149,900 Union 5.0 ac., 1620sf, http://www.servingpugetsound.com/mls/14-29151853

$169,900 Shelton 2.61 ac., 1748sf, http://www.servingpugetsound.com/mls/14-29150866

There is no guarantee that the homes are still available. We have found that 50% or more will go within days of us making this list. If the link is no longer available the home is now gone.

First Time Home Buyers!!! Receive $8,000 from the government when you purchase a home. Go to http://www.helpusellbarransrealty.com for details.

Interest Rates are great! Deals are here! Maybe now is the time to move!

Provided to you Exclusively By Christina Daniels Christina Daniels Lending Specialist Olympic Lending Solutions Office: 360-753-3064 Fax: 360-753-4261 E-Mail: christina@olympic-lending.com Website: www.olympic-lending.com

For the week of Oct 26, 2009 --- Vol. 7, Issue 43

Last Week in Review

"THE DEVIL IS IN THE DETAILS..." Or so the famous saying goes. And when it comes to really understanding the various reports and events unfolding in the economy, it's important to take a look at the details - not just the headlines. Here's what you need to know. On the inflation front, the Producer Price Index, which measures wholesale inflation, unexpectedly fell due to a drop in energy prices. While that seems like good news on the surface, keep in mind that next month's number could climb higher again, as oil and natural gas have both been on a tear higher lately. In housing news, Housing Starts and Building Permits both came in a bit below expectations, but this may be a sign that builders are exercising some caution - particularly in the face of the $8,000 tax credit for first time homebuyers that is presently set to expire on November 30th. Existing Home Sales came in better than expected - and a whopping 45% of those homes were sold to first time homebuyers - rushing to move in on that credit. Recent studies have shown that many who qualify for this tax credit aren't even aware of it...so please let me know if you or someone you know needs more information - the clock is ticking! Additionally, the level of existing homes inventory shrunk to a 7.8 month supply, down from a recent high of 10.1 months in April. ----------------------- Chart: Existing Home Sales (Supply in Months) In other news, 3rd quarter earnings season continues, where companies report their status as of the end of September. While many companies are beating expectations, it's important to realize that many of those companies achieved better earnings by cost cutting and layoffs, not from increased sales. This is a big disconnect between Wall Street and "Main Street". Stocks are rocketing higher based on these "positive" reports, but the cost cutting and job cutting measures can only go so far...you can't simultaneously grow the ranks of unemployment - and then grow your business, hoping for increased sales to those same people who are without jobs. Last week's Jobless Claims numbers seem to confirm this as Initial Jobless Claims rose more than expected. In addition, the number of individuals continuing to receive unemployment benefits fell to the lowest level since March, but this is likely the result of people's unemployment benefits expiring, without them having been able to find jobs. Also worth noting is the news that ratings agency Moody's lead analyst, Steven Hess, said that the US needs to cut its deficit or it could lose its "AAA" rating in the next 3 to 4 years, which we have maintained since 1917! Think of all we've been through - two World Wars, the Depression, three Wall Street collapses and major terrorist attacks...yet our credit quality has maintained that AAA rating, allowing us to issue debt at the most favorable rates. Hess went on to say that if the US doesn't "get the deficit down in the next 3-4 years to a sustainable level, then the rating will be in jeopardy." And just like on a mortgage when the credit rating gets reduced, interest rates move higher. This will definitely be something we'll keep an eye on in the months ahead. After all the week's action, Bonds and home loan rates ended the week slightly worse than where they began. AS THE PRESIDENT HAS DECLARED H1N1 - "SWINE FLU" - TO BE A NATIONAL EMERGENCY - GETTING THE FACTS IS MORE IMPORTANT THAN EVER. DO YOU KNOW HOW TO TELL WHAT'S JUST A COLD...AND WHAT IS ACTUALLY SWINE FLU? READ THIS WEEK'S MORTGAGE MARKET VIEW - AND PASS ON THE DETAILS TO YOUR FRIENDS AND COWORKERS.

Forecast for the Week

Another record sized round of Treasury auctions are on tap this week - and the massive amounts of supply that continue to flood the market can cause home loan rates to move higher, if there is ultimately not enough demand to sop up all the supply. Additionally, there are several economic reports which could be market movers. Tuesday brings both the Consumer Confidence and Durable Goods Reports, the latter of which gives us an update on consumer and business consumption and buying behavior via data on items that are non-disposable, such as cars, furniture, appliances, games, cameras, business equipment, etc. On Wednesday, there will be more news on the housing front with the New Home Sales Report, while Thursday brings another Initial Jobless Claims Report. Thursday also brings a read on the economy with the Gross Domestic Product (GDP) Report, which is the broadest measure of economic activity. And the week could end with a bang, as Friday brings the Fed's favorite gauge of inflation, the Core Personal Consumption Expenditure (PCE) Index, found within the Personal Income Report. Remember: Weak economic news normally causes money to flow out of Stocks and into Bonds, helping Bonds and home loan rates improve, while strong economic news normally has the opposite result. As you can see in the chart below, Bonds held their ground for most of the week but ultimately were unable to remain above a key technical support level. I'll be watching closely to see what happens in the week ahead - and as always, reach out to me if you or others in your network need more information or questions answered...I'm here to help. Chart: Fannie Mae 4.5% Mortgage Bond (Friday Oct 23, 2009)

The Mortgage Market View...

H1N1: Information is the Best Defense! Despite predictions from researchers at Purdue University that the H1N1 outbreak will peak this week, the reality is that it won't be going away any time soon. Let's not forget that the news is filled with shortages of the vaccine, as the number of H1N1 cases continues to surge across the country. And federal officials have warned that a second, larger outbreak could occur in early January. The reality is that the best way to stop the spread of H1N1 is to know the symptoms and to take steps to protect yourself-and others-from it. The following information can help. What are the symptoms of H1N1... and how are they different from the common cold? Symptom Cold H1N1 Flu Fever Fever is rare with a cold. Fever is usually present with the flu in up to 80% of all flu cases. A temperature of 100°F or higher for 3 to 4 days is associated with the flu. Coughing A hacking, productive (mucus- producing) cough is often present with a cold. A non-productive (non-mucus producing) cough is usually present with the flu (sometimes referred to as dry cough). Aches Slight body aches and pains can be part of a cold. Severe aches and pains are common with the flu. Stuffy Nose Stuffy nose is commonly present with a cold and typically resolves spontaneously within a week. Stuffy nose is not commonly present with the flu. Chills Chills are uncommon with a cold. 60% of people who have the flu experience chills. Tiredness Tiredness is fairly mild with a cold. Tiredness is moderate to severe with the flu. Sneezing Sneezing is commonly present with a cold. Sneezing is not common with the flu. Sudden Symptoms Cold symptoms tend to develop over a few days. The flu has a rapid onset within 3-6 hours. The flu hits hard and includes sudden symptoms like high fever, aches and pains. Headache A headache is fairly uncommon with a cold. A headache is very common with the flu, present in 80% of flu cases. Sore Throat Sore throat is commonly present with a cold. Sore throat is not commonly present with the flu. Chest Discomfort Chest discomfort is mild to moderate with a cold. Chest discomfort is often severe with the flu. If you think you have the H1N1 flu, you should take a few common-sense steps to protect your friends, family members, and coworkers. For instance, if you feel sick, stay home until you feel better and have gone at least 24 hours without relying on medicine to break your fever. In addition, wash your hands, linens, dishes, and so on thoroughly. And cover your mouth and nose with a tissue when you cough or sneeze--and then throw the tissue away immediately. Finally, if you have to share a small space with other people, consider wearing a facemask to help make sure you don't spread the flu to the people around you. Follow these steps and monitor your symptoms to help stop the spread of H1N1...and remain happy and healthy!

The Week's Economic Indicator Calendar

Remember, as a general rule, weaker than expected economic data is good for rates, while positive data causes rates to rise. Economic Calendar for the Week of October 26 - October 30 Date ET Economic Report For Estimate Actual Prior Impact Tue. October 27 10:00 Consumer Confidence Oct 54.0 53.1 Moderate Wed. October 28 08:30 Durable Goods Orders Sept 0.7% -2.4% Moderate Wed. October 28 10:00 New Home Sales Sept 440K 429K Moderate Wed. October 28 10:30 Crude Inventories 10/23 NA 1.31M Moderate Thu. October 29 08:30 Jobless Claims (Initial) 10/24 525K 531K Moderate Thu. October 29 08:30 Gross Domestic Product (GDP) Q3 3.1% -0.7% Moderate Thu. October 29 08:30 GDP Chain Deflator Q3 1.3% 0.0% HIGH Fri. October 30 10:00 Consumer Sentiment Index (UoM) Oct 70.0 69.4 Moderate Fri. October 30 09:45 Chicago PMI Oct 48.5 46.1 HIGH Fri. October 30 08:30 Personal Consumption Expenditures and Core PCE YOY NA 1.3% HIGH Fri. October 30 08:30 Personal Consumption Expenditures and Core PCE Sept 0.2% 0.1% HIGH Fri. October 30 08:30 Personal Spending Sept -0.4% 1.3% Moderate Fri. October 30 08:30 Personal Income Sept 0.0% 0.2% Moderate Fri. October 30 10:00 Employment Cost Index (ECI) Q3 0.5% 0.4% HIGH

The material contained in this newsletter is provided by a third party to real estate, financial services and other professionals only for their use and the use of their clients. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, we do not make any representations as to its accuracy or completeness and as a result, there is no guarantee it is not without errors.

As your trusted advisor, I am sending you the MMG WEEKLY because I am committed to keeping you updated on the economic events that impact interest rates and how they may affect you.

In the unlikely event that you no longer wish to receive these valuable market updates, please USE THIS LINK or email: christina@olympic-lending.com

If you prefer to send your removal request by mail the address is:

Christina Daniels
222 Capitol Way N #107
Olympia, WA 98501

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