TACOMA~FEDERAL WAY~AUBURN~KENT~WA 206-679-4768 Julianna Hind, REALTOR(R)

Tacoma, Wa and Federal Way, WA... There a lots of questions to be asked about the differences between renting a home or buying a home. There are some options to factor in about what is best for you the consumer. Sometimes a person can buy a home for the same price they can rent it. Especially when rentals are hard to find in Tacoma and Federal Way... it is the simple law of supply and demand... even a new home can be more affordable.

If you are looking for new construction or an already existing starter home, I have a great list of homes and areas that might be of interest. If you are thinking about buying, let me hook you up with a leasing agent that works primarily with rentals.

Will homeowners in the Tacoma and Federal Way area be able to reap the benefits of the Tax Credit when they move up?

The US Senate is still in negotiations regarding a proposal to extend the $8000 First Time Home Buyer Tax Credit which is set to expire on December 1st. The current details reduce the credit by about $610 ... from $8000k to 10 percent of the sales price or at the $7,290 cap.

The plan may also extend tax credit to existing homeowners looking to move-up. This would open up a large resource of new buyers with established credit and put them into larger homes, freeing up their homes for more first time buyers who may qualify, but are finding a lack of starter homes available.

Colleagues and clients of mine are still pushing to close by November 30th. There are some builders working their subs overtime to get new homes built.

Read about it at Bloomberg online...

Tacoma and Federal Way, Washington

The clock is ticking and time is running out as we get close to the first time home buyers opportunity take advantage of the government's $8,000 tax credit, Bidding wars are back for many areas across the nation in regards to homes that are sought after by these First Time Home Buyers.

From the article..."Lower-priced homes on the market in many once-beleaguered areas from Portland, Ore., to Brookline, Mass., are seeing a flood of offers, say real estate brokers. Though the tax credit is good on homes sales completed by Nov. 30, because home deals can take months to complete, new buyers are rushing to sign contracts so they don't miss out on the credit. "More...

Via Facebook: Julianna Hind The 10 Most Affordable Metro Areas... Seattle does not make the list, but hey, we're not living here because it's affordable, right?

Most Affordable Metro Areas - Slideshows - CNBC.com Source: www.cnbc.com

Looking to move to a more affordable area? Take a look at these 10 metro areas, ranked based on the percentage of affordable homes for a family making the median income in that neighborhood.

Auburn, Wa Open House Saturday 10/17/09 1-4 PM

Auburn Washington Home for Sale/Open House Sat: 10/17/09 1-4 PM: Fantastic rambler in cul-de-sac location! Vaulted ceilings with skylights, gleaming hardwood floors, and generous bedrooms. Great kitchen with stone flooring and dining space. 2 car garage and more! Wonderful backyard with fruit trees and lots of open space. Features include newer 50 gal hot H20 tank, new Hardi-Plank siding on front, fresh paint, and more. Great location close to parks, easy fway access and plenty of parking space for even the largest toys. Very clean and move in ready! Tamera Camp/John L. Scott Federal Way. For more information on this Auburn Washington Open House or to reciece a current Open House List, call Julianna Hind, Real Estate Consultant at John L. Scott Federal Way - 206-679-4768 or email juliannahind@johnlscott.com Thank you!