Cliff Lee Real Estate

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Rocket-Redfin Deal Ignites Race for One-Stop Shop for Home Buyers Mortgage giant Rocket has agreed to buy Redfin in an all-stock deal valuing the online real-estate brokerage at $1.75 billion.

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How much house can I afford if I make $100000 a year?
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How much house can I afford if I make $100000 a year? Despite earning a salary of $100,000, which is higher than the national median household income, 49% of people still find it difficult to buy a home. The 28/36 rule suggests spending no more than 28% of your income on housing expenses and no more than 36% on total debt payments. This means that on a...

Real Estate Market Key Insights 2023-2030

Cliff Lee Cliff Lee is a real estate agent with Bentley Properties. Check out Cliff Lee's listings or office listings.

What Is a Home Equity Agreement?
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What Is a Home Equity Agreement? Home equity agreements provide an alternative to traditional borrowing methods such as home equity loans and refinancing a mortgage. Through a lien on the home, a homeowner can receive a lump sum of cash in exchange for a percentage of the home's appreciated value. There are no interest rates, but t...

Multifamily tax exemptions floated as help for state’s affordable housing crisis
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Multifamily tax exemptions floated as help for state’s affordable housing crisis Washington State is experiencing a housing crisis and experts are suggesting tax exemptions for housing providers as a potential solution. The Multifamily Property Tax Exemption Program allows developers to have a tax exemption for 8-20 years in exchange for 20% of their units to be affordable. 55 c...

The General Trend Expected for the US Housing Market

Cliff Lee Cliff Lee is a real estate agent with Bentley Properties. Check out Cliff Lee's listings or office listings.

Washington Seems Eager To Create Another Housing Crisis
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Washington Seems Eager To Create Another Housing Crisis The Biden administration is pushing for a policy called the Loan Level Price Adjustment (LLPA) rule, which would subsidize mortgage fees for lower-income borrowers while charging higher fees to those with better credit scores and higher down payments. While this policy may be intended to help those....

Pros and cons to buying a luxury home with cash
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Pros and cons to buying a luxury home with cash Silverleaf in North Scottsdale is a luxurious naturehood with 4,600 acres of open space and a vast trail system that winds through the McDowell Mountains in the Sonoran Desert. The current industry statistics indicate that cash purchases are on the rise, reaching their highest level in nearly a deca...