Greg Saffell

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Real Estate Agent
Seattle Senior Living Consultant

ARCHIVED BLOG POSTS

2012 

Warren Buffet is seen by many as the greatest investor of our time. When he speaks, people listen. Like anyone else in his position of influence, he is criticized by some for using his bullhorn to promote his own business agendas at times. That makes it very interesting when we occasionally learn...
01/30/2012
A very interesting chart on 'migration' in the U.S. I think you may be surprised by some of the new growth areas.    
01/27/2012
I have seen estimates stating that 29% of deals that go to contract and require a mortgage, don’t close. That number boggles my mind. It means that even after a buyer and seller come to terms on a sale (not an easy feat these days), 3 out of 10 transactions fall apart. What are some of the more c...
01/26/2012
Even with attractive pricing potential homeowners still find difficulties in qualifying for mortgages in our current lending environment. The chart below shows average home down payments nationwide. The state with the highest down payment was New Jersey at 13.71% and the lowest was North Dakota a...
01/16/2012
Many believe that very few houses are selling and that almost no one can get a mortgage. We want to let everyone know that neither of these assumptions is true. Recently, the National Association of Realtors (NAR) released their Existing Homes Sales Report. According to the report there are, on a...
01/11/2012
This map is interesting and shows various percentages of decline across the nation. These seem to be very rough estimates because I am aware that some states have experienced more of a decline in property values than the map suggests, including Washington state, where I live.
01/06/2012
It’s the time of year that we look ahead and attempt to give our best guesses about the market, the industry, and the effects they may have. So, here are my thoughts about the mortgage world: Interest Rates Should Be Stable With a faltering economy nationally and worldwide, including pessimistic ...
01/05/2012
We recently posted Real Estate: Today’s Golden Opportunitycomparing the current housing market to the market for gold about a decade ago. Some commented on the fact that you can’t compare gold to real estate as an investment as gold is a very liquid asset and it would take more time and effort to...
01/04/2012
Predicting trends during the most volatile housing market in American real estate history is no easy task. We strongly believe these are the five real estate items we should keep an eye on in 2012: 1. Buyers Will Return In 2011, a lack of consumer confidence in the overall economy dramatically im...
01/03/2012
In 2011, we experienced one of the most volatile housing markets in American real estate history. Things we never anticipated happened. Events we were sure would take place didn’t. Today, we want to review the five headlines we think had the biggest impact in 2011. 1.) Interest Rates remained at ...
01/02/2012
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Greg Saffell

Real Estate Professional Tucson, Oro Valley AZ
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