Quiet Oversized Fenced Cul-de-Sac Lot w/ Mountain Views!

920 S. Willamette

$85,000

3bd/2ba/Carport

Virtual Tour at: www.tourfactory.com/798329

Quiet oversized fenced cul-de-sac lot with mountain views. Don't curb appraise. Home is spacious & open inside with vaulted ceilings, large kitchen, newer carpet, etc. Large covered deck off kitchen. Lot backs to small wetlands area with ducks and other wildlife. Great value and priced to sell.
Possible lease option or lease purchase. CLA for more details.

Call Melissa for any questions of a showing today at (509) 879-7858.

Foreclosure slowdown stabilizes real estate values

Zillow: Home values down year-over-year in August

Home values were down on a yearly basis in August, but showed relative stability in the near term, according to indices that track home values nationwide. Home values fell 4.5 percent year over year in August, to $172,600, and remained essentially flat compared to July, according to the Zillow Home Value Index, released today. CoreLogic's Home Price Index showed a similar drop year over year, down 4.4 percent, with month-to-month prices also remaining virtually flat.

View the full article at:

http://www.inman.com/news/2011/10/11/foreclosure-slowdown-stabilizes-real-estate-values

Housing Can Be 'Key Engine of Job Growth'

Daily Real Estate News Thursday, October 06, 2011

The National Association of Home Builders is stressing the need for policymakers to remove anti-housing barriers that they say are preventing a housing market recovery. After all, NAHB says, housing can be the answer policymakers have been searching for in boosting jobs and economic recovery.

The housing industry can be the “key engine of job growth” the country needs, says Bob Nielsen, chairman of the National Association of Home Builders.Nielsen says that constructing just 100 single-family homes can generate more than 300 jobs and $8.9 million in taxes and revenue for state, local, and federal governments.

To view the full article go to: http://realtormag.realtor.org/daily-news/2011/10/06/housing-can-be-key-engine-job-growth

Call or E-mail Melissa Dailey at (509) 879-7858 or melissadailey@comcast.net for your real estate needs!

30-year mortgage below 4 pct. for first time ever

WASHINGTON - (AP) -- The average rate on a 30-year fixed mortgage has fallen below 4 percent for the first time in history.

For the lucky few with good jobs and stable finances, it's a rare opportunity to save potentially thousands of dollars each year. For most people, it's a tease and a reminder of how weak their own financial situation is.

On Thursday, Freddie Mac said the rate on the 30-year fixed mortgage fell to 3.94 percent from 4.01 percent last week, the previous low. The average rate on a 15-year fixed loan, a popular refinancing option, dipped to 3.26 percent, also a record.

Mortgage rates are now lower than they were in the early 1950s. The average rate reached 4.08 percent for a few months back then, according to the National Bureau of Economic Research. Although mortgages at that time typically lasted only 20 or 25 years.

For the full article: http://www.newsday.com/news/30-year-mortgage-below-4-pct-for-first-time-ever-1.3226616

Beautiful Cedar Riverfront on 10 Private Treed Acres

35120 N. River Estates

Chattaroy, WA 99003

$350,000

4bd/2ba/2 car garage

Vaulted ceilings with lots of light and Brazillian Cherry floors. Open loft overlooking great room and stone fireplace. Main floor Master with tiled bath, walkin closert and antique dresser style vanity. Great view from master plus doors to full length rear deck with hot tub. Large Italian Kitchen with 6 burner Viking cook top and double ovens and tiled floors. Finished basement with commercial sink and possible in law setup. GFA/CAC paved driveway. Two car attached garage PLUS 20x20 heated shop with 2 car carport. Fenced Garden Area, Playhouse w/ left, and storage shed.

Virtual Tour at:
www.tourfactory.com/792240

Please call or email Melissa for any questions or a private showing today at (509) 879-7858 or melissadailey@comcast.net.