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MSN Money, Wall Street Journal Home of the Day

Exciting News!!!!
My new listing, Mt. Pleasant Farm, has been featured by the Wall Street Journal and MSN Money!!

One of Washington’s Most prized Estates:

Mt. Pleasant Farm

Offered at $2,995,o00  USD

I am excited to announce: I have had one of my unique listings chosen to be featured as the Wall Street Journal’s “Home Of The Day”! Followed by being featured on the front page of MSN Money on-line!

valaer_WSJ                                          msn_valaer

Mt. Pleasant farm is a 5600 square foot, 5 bedroom, 6 bath masterpiece, created by Michael Barclay, in a Frank Lloyd Wright inspired design. Placed delicately on a quiet street, it has 72 lush, private, awe inspiring acres. No expense was spared in the design and construction of this lavish, luxury estate. It has a stable, with 4 stalls, a custom sand footed arena, and private 1/2 acre lake with beautiful geese and ducks. The FAA certified runway leads you to a 2,500 square foot airplane hangar. It can hold any sized single engine, and most light twin engine, aircraft and has two sets of outdoor tie downs on the paved exterior pad. It has completely uninterrupted 360 degree views of the Columbia river, the Columbia River Gorge, Historic Crown Point Vista House, Women’s Forum Outlook, the property’s entire grounds, the majestic Cascade mountains and all of the surrounding areas. It is truly a one of a kind, collector’s legacy estate.

Mt. Pleasant Estate

I am honored and excited to be able to represent all of my properties with as much vigor and expertise as possible. I am happy to provide the level of representation that is internationally recognized and results in exceptional property sales for all of my esteemed clientele.

Follow the article link below to read the story!

 Wall Street Journal: http://online.wsj.com/article/SB10001424052702303460004579192093309567878.html

MSN Money: http://money.uk.msn.com/mortgages-and-homes/a-look-around-the-72-acre-estate-with-its-own-aircraft-hangar-and-runway

 

 

Just Listed: Mt. Pleasant Farm: An exclusive, one of a kind, collector’s legacy estate‏

Washougal, Washington, Columbia River Gorge, USA

Offered at : $2,995,000 USD

A custom work of art

Mt. Pleasant farm, is a 5600 square foot masterpiece created by Michael Barclay, in a Frank Lloyd Wright inspired design. Placed delicately on a quiet street, it has 72 lush, private, awe inspiring acres. No expense was spared in the design and construction of this lavish, 5 bedroom, 6 bath, luxury estate. It has a stable, a private 1/2 acre lake , a runway and airplane hangar, an office, guest quarters, and trust-protected views of the Columbia River, the Gorge and the Cascades.

12.Master Bath

Awe inspiring views

Nearly every room of this house was designed to incorporate the majestic views of this outstanding estate. With floor to ceiling windows masterfully placed, you can seek serenity and inspiration from every vantage point throughout this home. In the office, the living room, the kitchen, every single bedroom, and even the master bath, you can privately see the glory of these world renown and sought after views. Simply breathtaking.

Back of Home with Plane

Distinct luxury details:

The attention to detail throughout this entire estate is unparalleled. With Brazilian cherry wood mill work and floors, the hand picked stones, and expertly designed grounds, it is lavish and glorious to behold. The gourmet kitchen and great room, flow out onto the outdoor living space making an impressive statement. The additions of a 4 stall stable, custom riding arena, FAA certified runway with its own airplane hangar, and a safe room are simply elegant additions rarely found in today’s estates. This is the perfect addition to anyone’s master collection.

 

 

Just Listed: Mt. Pleasant Farm: An exclusive, one of a kind, collector’s legacy estate‏

Mt. Pleasant Estate

A custom work of art

Mt. Pleasant farm, is a 5600 square foot masterpiece created by Michael Barclay, in a Frank Lloyd Wright inspired design. Placed delicately on a quiet street, it has 72 lush, private, awe inspiring acres. No expense was spared in the design and construction of this lavish, 5 bedroom, 6 bath, luxury estate. It has a stable, a private 1/2 acre lake , a runway and airplane hangar, an office, guest quarters, and trust-protected views of the Columbia River, the Gorge and the Cascades.

12.Master Bath

Awe inspiring views

Nearly every room of this house was designed to incorporate the majestic views of this outstanding estate. With floor to ceiling windows masterfully placed, you can seek serenity and inspiration from every vantage point throughout this home. In the office, the living room, the kitchen, every single bedroom, and even the master bath, you can privately see the glory of these world renown and sought after views. Simply breathtaking.

Back of Home with Plane

Distinct luxury details:

The attention to detail throughout this entire estate is unparallelled. With Brazilian cherry wood mill work and floors,the hand picked stones, and expertly designed grounds, it is lavish and glorious to behold.The gourmet kitchen and great room, flow out onto the outdoor living space making an impressive statement. The additions of a 4 stall stable, custom riding arena, FAA certified runway with its own airplane hangar, and a safe room are simply elegant additions rarely found in today’s estates. This is the perfect addition to anyone’s master collection.

To view the entire property and to access listing information, please follow this link:

http://www.brazensothebysrealty.com/eng/sales/detail/341-l-825-21324874/mt-pleasant-farm-washougal-wa-98671

 

Interests rate are staying put today!! The time to buy is right now!

I wanted to share a great article with you, that was given to me by my associate Adrian Webb, at Cobalt Mortgage in Kirkland. It clearly discussed the reasons that the Fed’s decided today to keep interest rates steady. This is great news for buyers and sellers!! Buyers can still afford to buy that home, and sellers will still be able to attract several buyers for their property! Get those rates locked in, and let me find you your dream home!

Thank you for the tip Adrian, and sharing Ryan Smith’s article with all of us! Such great news for the market today!. (You will find Adrian’s contact info below)

Fed says no to taper

by Ryan Smith | Sep 18, 2013

Flying in the face of market predictions, the Federal Reserve today decided to “await more evidence that progress will be sustained” before winding back its $85bn-per-month bond-buying program.

Most investors had expected the Fed to announce a modest taper today, but the institution’s policy-making Federal Open Market Committee put the kibosh on that speculation in a 2 p.m. EST statement. Despite signs of ongoing economic recovery, the committee wrote, the bond-buying stimulus will stay in place for now.

“Taking into account the extent of federal fiscal retrenchment, the Committee sees the improvement in economic activity and labor market conditions since it began its asset purchase program a year ago as consistent with growing underlying strength in the broader economy,” the committee wrote. “However, the Committee decided to await more evidence that progress will be sustained before adjusting the pace of its purchases.”

In a press conference at 2:30 p.m. EST, however, Fed Chairman Ben Bernanke said the Fed reserved the right to modify the amount of its bond purchases from month to month.

“Asset purchases are not on a preset course,” Bernanke said. “They’re conditional upon the data. They’ve always been conditional upon the data. … There is no fixed schedule, I really have to emphasize that. If the data confirm our basic outlook … then we could begin (to taper) later this year. But even if we do that, the subsequent steps will be dependent on the progress in our economy.”

Today’s decision is good for the mortgage industry, said Bryan McNee, vice president and senior bond analyst for MBSAuthority.com.

“The benchmark Fannie Mae 4.0 October coupon — which is what the pricing is based on — at three minutes before the Fed meeting, it was trading at 5 basis points better than the prior day. Right now it’s trading at 106 basis points better,” McNee said shortly after the Fed released its statement. “We got over 80 basis points pop on the news, and we’ll have to see how far it comes down.”

McNee said that mortgage originators could expect to see interest rates drop, but counseled against excessive jubilation.

“It’s a mixed bag, and this is why what they say is more important than what they do,” he said. “They’ve said they’re not going to taper right now, but that the amount of their monthly bond purchases is not preset going forward. What they’re effectively letting the market know is that they can adjust the amount of their monthly bond purchases without having a Fed meeting going forward. … If the economic conditions are there, they have the ability to change their monthly bond purchases at any time. You could have a taper next month. You don’t have a Fed meeting next month, but we could have a taper next month.

“Keep in mind, even if (the Fannie Mae 4.0 coupon) makes it to 100 basis points, the market has gone down, since the end of April, 400 at this point,” he added. “It’s not like it’s going back to where it was in April just because of this. This wasn’t enough for that.”

Adrian Webb MLO-811655; NMLS# 811655
CobaltMortgage | Mortgage Banker
Cobalt Mortgage Inc.
11255 Kirkland Way, Suite 100
Kirkland, WA 98033
Office: 425-605-3039
Toll Free: (800) 268-2207
Fax: (855) 800-6425
adrian.webb@cobaltmortgage.com | www.teamyeagerwebb.com

Bellevue is booming! $2.3 billion Spring District project to break ground Monday.

If you thought things were leveling out or even slowing down in our area, that is clearly not the case. This article from the Bellevue Examiner clearly shows that things are just starting to heat up, with no view of slowing down in the near future.

Now is the time to buy a property! This kind of situation can absolutely increase home prices and availability. Do not a new boom, put you out of the competition!

On Monday, Sept. 16, Wright Runstad & Co. of Seattle and Shorenstein Properties of San Francisco will break ground on its long-anticipated $2.3 billion Spring District project. The 36-acre site will include apartments, office buildings, restaurants, hotels and when done will encompass 16 city blocks.

“It’s the largest high-density development attempted in the U.S. in decades,” said Greg Johnson, president of Wright Runstad, which also was responsible for the first Microsoft campus in 1986.

Check out this article.

http://www.bellevuereporter.com/news/223546781.html

MSN Money, Wall Street Journal Home of the Day

Bend

Amazing in Bend, Oregon!  Congratulations Debra Tebbs! A one of a kind legacy estate, located in one of the most memorable areas or Oregon State. Legendary skiing, unbeatable golf courses, vineyards, this property is not to be missed! Contact me if you would like assistance locally in making a connection to this property.

http://ow.ly/oMP9H

Just Sold in Issaquah Highlands!

iss front

Just sold at $32,200 Over List price!

Sold at $547,000 by  Erin Harold

This Issaquah Highlands home is perfectly located on a quiet St, close enough to all the wonderful amenities of the Issaquah Highlands to walk, but remains extremely quiet. With easy assess to I-90, it boasts a private elevated front porch, a large entry,  a beautiful formal dining room, a large entertaining kitchen, a bright, open living room, and French doors to the patio. An extremely private back yard finishes off this amazing first floor.  All of the very large bedrooms are on the upper level, with a large master bath, with a fantastic jetted tub, and second full bath.

This house was listed, and within 7 days we were able to produce several competitive offers. It closed smoothly on the original closing date, with no complications, selling for $32,200 over asking price!

That is one smooth deal!

I successfully negotiated all required improvements necessary be completed by the seller, at no additional cost to their buyers, and it was purchased at asking price. It then proceeded to close without a hitch, and even closed early!

At Sotheby’s International Realty,  we are know for providing excellence in every possible way. Our team of exceptionally trained and seasoned agents, use their negotiating and research savvy to deliver the best possible results to all of our clients, every time.

Globally, Sotheby’s International Realty is known for quality, distinction, and unparallelled quality in all things. That is what you will experience, when you work with us. Without question, the best service, and the most successful results, every time.

List your property with us and you will see why millions of people trust Sotheby’s International Realty over any other company to care for their most valuable property.

 

What does the market look like right now?

Here is some great info on the current market from my associate David Skow. He is a wealth of information. I love to share this kind of info with our clients, thanks Dave!

INFO THAT HITS US WHERE WE LIVE… The standard response from the pundits to last week’s 1.3% drop in Pending Home Sales for July could make it hard to maintain a positive approach. The typical explanation was that the drop was all due to the recent uptick in mortgage rates. But the truth is, slightly higher mortgage rates are only causing a drop in refinances. That’s because for buyers, mortgage rates are still historically       low and home prices remain attractive. Supporting this, the Mortgage Bankers Association Purchase Loan Index was up 2% for the week ending August 23 and is up 6% on an annual basis.

Here’s some more positive news ignored by the pundits. Even with the small monthly drop, Pending Home Sales were up 6.7% in July from the year before. In fact, they’ve now beaten year-ago levels for 27 months in a row. Those eager to report the end of the housing recovery were also disappointed to see the latest S&P/Case-Shiller Home Price Index. Home prices in 20 major metros were up 2.2% in June and are up 12.1% year-over-year. And this time around, all 20 cities posted both monthly and annual gains.

Definition of the day:

A pundit (sometimes called Talking Head) is someone who offers to mass media his or her opinion or commentary on a particular subject area.

DID YOU KNOW?… A recent report showed that if there were no housing bubble and home prices simply rose at the historic average of about 3.6% a year, they’d be almost right where they are today.

Thanks again for the info Dave!!!

Dave Skow Loan Officer 2200 6th Ave Seattle WA 98121 cell (206)714-9745 Eagle Home Mortgage

 

List your Property, Real Estate Market Data

 

fall painting

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Autumn presents the colors worthy of a masterpiece

The colors of autumn create a warm, inviting backdrop that blends cool evenings with great food and libation shared at home among family and friends. If you are in the market for a new residence for those harmonious evenings, allow us to assist. We take great pride in artfully uniting extraordinary homes with extraordinary lives.

If you are looking to sell your property, the fall is a great time to list your home. The fall offers far less competition for sellers, and the buyers that are looking tend to be more serious and urgently searching than many of those who are just starting out searches in the spring.

Let us show you the unique experience that Sotheby’s is known for. Elegance, attention to detail, exquisite marketing and exceptional results. No matter what the property, every client receives the same level of service. We will make sure this Fall is your favorite season!