About Lynnwood's Alderwood

Buffalo wild wings opening in Lynnwood Wa? Thats what i have been wondering as a recent tansport from the mid-west and a former manager of buffalo wild wings. I am very interested in any news that comes out. I have put together some of the info i have from being an insider and doing some research on my own. 

I recently moved to Edmonds Washington which is right next to Lynnwood, where they might be opening a Buffalo Wild Wings in Lynnwood WA near the alderwood mall. This is exciting news to me as i had almost always had the option to go to and eat Buffalo Wild Wings almost all my life. It is the top place to watch sporting events and grab a few great beers with some friends. 

I have done my research on if and when they are opening a Buffalo Wild Wings in Lynnwood Wa. I have found that they were hiring on the corp. website for managers a few months ago. I have looked on the web and it just seems to have rumors of what is happening. I'd like to work together to get some solid information on if and when Buffalo Wild Wings will be opening in Lynnwood Wa. 

I'd like to be able to take my friends that have never been, to a out of this world sports bar at a reasoniable price point. Every place i have been to here in the seattle area have good bars but nothing that compares to B-Dubs. The sports watching atmosphere is just out of this world with over 50 televisions, over 16 sauces, and new meau and draft beer offerings every quarter. 

http://www.buffalowildwings.com/ 

Buffalo Wild Wings opening in Lynnwood Wa 

Seattle, Bellevue, Lynnwood Mortgage Rates : What's Ahead This Week Of February 14, 2011

Mortgage markets worsened terribly last week. Amid more reports of an improving

economy and fears of pending inflation, mortgage rates in Seattle, Bellevue, Lynnwood areas skyrocketed to their highest levels since April 2010.

According to Freddie Mac, mortgage rates made their largest 1-week jump in more than a year last week, tacking on 0.24 percent and bringing the average national 30-year fixed mortgage rate up to 5.05%.

In some markets, rates are even higher.

Since bottoming out in Freddie Mac’s November 11 survey, conforming, 30-year fixed mortgage rates are now higher by close to a full percentage point. Home buyers in Washington State and across the nation have lost more than 10% of their purchasing power during that time.

Rates have also been on a historic run higher, increasing over 9 consecutive days for the first time in almost a decade. That streak ended Friday with rates dropping slightly, and rate shoppers are hopeful the momentum lower continues into this week.

It’s not likely. The week is loaded of housing data and housing has been trending better. More strong figures will bolster stock markets at the expense of bonds, driving mortgage rates higher for the 4th week in a row.

In addition, inflation-related figures will be released. That, too, can have a negative impact on mortgage rates.

• Monday : NAHB Homebuilder Confidence Survey
• Tuesday : Retail Sales, Consumer Confidence
• Wednesday : Building Permits, Housing Starts, Producer Price Index, FOMC Minutes
• Thursday : Consumer Price Index

Markets should increase in volatility as the week progresses because of the looming 3-day weekend. Volume will be light Friday in advance of President’s Day.

If you haven’t yet locked your mortgage rate, the time to act is soon — possibly now. Mortgage rates are well off their historical lows, but still relatively inexpensive. Before long, that may no longer be the case.

Home values were reported unchanged in November 2010, on average, according to the Federal Home Finance Agency’s Home Price Index.

We say “on average” because the government’s Home Price Index is a data composite for the country. The index doesn’t measure citywide changes in places like Washington State, nor does it get granular down to the neighborhood level to measure places like Lynnwood, WA.

Instead, the Home Price Index groups state data in 9 regions with each regions having as few as 4 states in it, and as many as 8.

Not surprisingly, each of the regions posted different price change figures for the period of October-to-November 2010.

A sampling includes:

1. ■Values in the Pacific region rose +1.2%

2. ■Values in the New England region rose +0.3%

3. ■Values in the Mountain region fell -1.9%

The complete regional list is available at the FHFA website.

That said, none of these numbers are particularly helpful to today’s home buyers and sellers and that’s because everyday people don’t buy and sell homes on the Regional Level. We do it locally and the government’s Home Price Index can’t capture data at that level.

It’s a similar reason to why the Case-Shiller Index is irrelevant to buyers and sellers.

November’s Case-Shiller Index showed home values down 1 percent in November, but that conclusion is a composite of just 20 cities nationwide — and they’re not even the 20 largest cities. Philadelphia, Houston and San Jose are conspicuously absent from the Case-Shiller list.

So why are reports like the Home Price and the Case-Shiller Index even published at all? Because, as national indicators, they help governments make policy, businesses make decisions, and banks make guidelines. Entities like that are national and require data that describe the economy as a whole. Home buyers and sellers, by contrast, need it locally.

Since peaking in April 2007, the Home Price Index is off 14.9 percent.

If you have any questions, you can call me at 425.771.2095, email at chik@teamcq.com.

You are also welcome to follow me on at http://twitter.com/chikquintans or athttp://www.facebook.com/teamcq and join the conversation anytime.

The Federal Open Market Committee begins a 2-day meeting today in Washington D.C. It’s the group’s first meeting of 2011 — one of 8 scheduled for the year.

The Fed meets every 45 days, on average. Its last meeting was December 14, 2010.

Rate shoppers and home buyers should make a note. Mortgage rates and home affordability could change dramatically beginning tomorrow afternoon.

Because Wall Street watches FOMC meetings closely, so should you. The meetings provide insight on the future of U.S. monetary policy, as told by the nation’s central banker. Investors make trades based on the FOMC’s commentary which is one reason why mortgage rates tend to undulate through the hours leading up to the FOMC’s adjournment, and the days immediately after.

Wall Street is shifting old bets, and placing new ones.

A terrific example of this is what happened after the Fed’s November 3, 2010 meeting.

In its post-meeting press release, the Federal Reserve announced a new, $600 billion, market-bolstering plan dubbed “QE2″. Wall Street had widely expected the Fed to create the program, but had underestimated its size.

Starting a $600 billion program sparked fears of a Fed-led inflation run, which, in turn, caused mortgage markets to deteriorate in a hurry. In the 3 days following the program’s announcement, mortgage rates spiked to multi-month highs and have not since recovered.

QE2 marked the beginning of the end of the Refi Boom and low rates. Today, conforming rates in Washington State are relatively low as compared to higher, but are much higher than they were prior to the FOMC’s November 2010 meeting.

Then, December’s FOMC meeting did little to change the direction of rates. We shouldn’t expect that January’s will, either. After the FOMC’s 2:15 PM ET adjournment Wednesday, mortgage rates should resume climbing, as they have done for the past 10 weeks.

If you’re shopping for a mortgage rate, therefore, the prudent move is to lock prior to Wednesday’s FOMC adjournment because, after once the Fed’s outlook is released, it will be too late.

Image c/o www.thecrosshairstrader.com

If you have any questions, you can call me at 425.771.2095, email at chik@teamcq.com.

You are also welcome to follow me on at http://twitter.com/chikquintans or athttp://www.facebook.com/teamcq and join the conversation anytime.