Archive for the ‘Edmonds Businesses’ Category
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Feb
22
Posted by tracy cobbin
Edmonds Chamber News & Happenings for the week
of February 22nd, 2010
PROMOTE YOUR BUSINESS AND NETWORK
Free and open to all, includes continental breakfast
This week’s speaker — February 24th:
Erin Eddins
StanCorp Investment Advisers
19009 33rd Ave W., Ste 310
Lynnwood, WA 98036
425-212-5986
FEBRUARY CHAMBER LUNCHEON
THE 17TH ANNUAL
EDMONDS CITIZEN OF THE YEAR
Sponsored by:
The Edmonds Kiwanis Club
Presented at:
Edmonds Chamber of Commerce March Luncheon
March 25th, 2010
Edmonds Yacht Club
326 Admiral Way
11:30 am – 1:00 pm
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Feb
18
Posted by tracy cobbin
One of the biggest difficulties many first-time home buyers face is a lack of down payment and the necessary funds for closing costs. However, even with the widespread availability of “no-money-down programs” evaporating in the credit crisis, one national no-down payment program still remains: USDA Rural Development home loans.
Guaranteed by the USDA (United States Department of Agriculture), this program might make you think that you have to buy farmland or live “in the country” to qualify, but this is often not the case. In fact, you might be surprised to see just how many neighborhoods actually do qualify as rural development areas. For this program, the term “rural” really applies to those areas with a lower population or fewer homes, not necessarily those areas and neighborhoods far outside of the city.
There are several benefits of the USDA loan program besides no money down. The program also does not require private mortgage insurance, and the seller is allowed to pay all of your closing costs and pre-paid items up to 6.00% of the total sales price of the property. And while this is great news for first-time home buyers, it’s important to note that you don’t have to be a first-timer to qualify for a USDA loan.
Other than the location of the property you’re seeking to buy, there is one other limitation to this valuable program that you must consider: your income. Luckily, however, these numbers have recently increased to allow more potential buyers to take advantage of this special program. For households in non-high cost areas, with up to four people, the income limit is $70,750. In households where 5-8 people reside, the income limitation is $93,400. These income limitations are guidelines and, in some cases, may be exceeded.
To find out more about USDA loans, give The Cobbin Group a call. We can point you in the right direction an answer as to whether you qualify for this program in just a few minutes.
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Feb
17
Posted by tracy cobbin
Edmonds, Come joins at the hippest new restaurant in downtown Edmonds EPULO BISTRO has its ribbon cutting this Wednesday at 4:00 PM until we decide to leave the joint. Come on down and check us out may be we’ll buy ya a drink.
Edmondsundress.com
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Feb
13
Posted by tracy cobbin
Edmonds New Logo 2010
Edmonds Chamber News & Happenings
for the week of February 15, 2010
WEDNESDAY NETWORKING BREAKFAST
Free and open to all, includes continental breakfast
This week’s speaker — February 17:
Marilyn Orleans
Spanish Instructor
EDMONDS CHAMBER RIBBON CUTTING
FEBRUARY CHAMBER LUNCHEON
Ms. Kaplan will discuss the powerful free resources available through the Sno-Isle Library system to all Sno-Isle Library card holders.
Reservations can be made online at www.EdmondsWA.comor by calling 425-670-1496×3
THE 17TH ANNUAL
EDMONDS CITIZEN OF THE YEAR
Sponsored by:
The Edmonds Kiwanis Club
Presented at:
Edmonds Chamber of Commerce March Luncheon
March 25th, 2010
Edmonds Yacht Club
326 Admiral Way
11:30 am – 1:00 pm
For reservations visit our website at www.EdmondsWA.com
or call 425-670-1496 x3
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Jan
04
Posted by tracy cobbin
Hey don’t invest in real estate now! Why you might save money later if you wait until rates go up not! Just when you thought it couldn’t get any better to own a home in Edmonds it did. Your better off now than this time last year to purchase a home in Edmonds Wash town by the sound the average cost for a home in this bedroom community as of last month was $349,000 that’s a first time buyer price. Rates are going to go up according to economist.
The first reason is that the markets are currently in a very positive mood about the near-term future of the economy. Manufacturing seems to be turning up along with employment numbers and consumer confidence. Personal income is growing slightly. The numbers continue to please investors, and the stock market has finally gotten into the spirit of the higher numbers again.
A better future for the stock market and the overall economy generally means that interest rates begin to rise, as the stimulus of lower rates gives way to the foot-gently-on-the-brakes of higher rates. Though analysts assure us daily that inflation won’t begin a serious rise for many months, there is still a consensus that an improving economy will cause the Federal Reserve to cease its support of lower interest rates, and perhaps even raise the fed funds rate well before it was recently expected to.
The second reason that 10-year note rates are rising so convincingly is closely related to the first. As interest rates climb, existing Treasury notes providing lower yields to their investors become less valuable. Those investors, therefore, very often raise rates further by selling off their Treasury securities when they become convinced that the interest rate trend is turning and that their holdings are about to lose value.
We have noted a narrowing spread between the 10-year note and the 30-year average mortgage rate, suggesting that mortgage rates may be about to rise. Even more significant is the spread between 2-year notes and 10-year notes, which makes up what is called the “yield curve.” A year ago, that spread was 1.27%. Now, though, the spread has widened very significantly to 2.81%. (Before the recession, the yield inverted rather prophetically, with short-term rates lower than long-term rates, a condition that sometimes precedes an economic downturn.) So as I said wait before you purchase it could cost you not!! The Cobbin Group /Keller Williams Realty google it and will decode it!
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Oct
20
Posted by tracy cobbin
Mr. McCusker’s presentation for the luncheon: “Our Economic Recovery: Makeover or More of the Same”
James Mc Cusker
Mr. McCusker is an economist who writes a weekly column for the Everett Herald and a monthly column in the Snohomish County Business Journal. He has taught economics, finance, and management at Washington State University as well as the US Naval Academy. His work experience outside academia includes service in the US Coast Guard, and work in the oil industry, banking, footwear manufacturing and distribution, the federal government, and the Congress. He is also a business consultant and advises firms on management information systems, finance, and business strategy.
Date: Thursday, October 22, 2009
Time: 11:30 am – 1:00 pm
Place: Edmonds City Hall – 3rd Floor Brackett Room
121 5th Avenue North
Edmonds, WA
Cost: $17.50 advance pay for members; $20.00 non-members or at the door
For information about Edmonds Real Estate contact me (206)353-4804
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Jun
03
Posted by tracy cobbin
Edmonds Cascade Bank
Vern Woods former Washington Mutual branch manager is back in the hood that is the neighborhood for you folks that may need a translation. Vern and his crew are happy to back in the Edmonds community doing what they to best. Last Friday was the ribbon cutting sponsored by Edmonds Chamber of Commerce Ambassador’s. Cascade Bank prides themselves for their service, real people, real attention. If you would like to come in and meet Vern and his employees their having a open house this Wednesday June 3rd at Cascade Bank from 5:00 – 7:00 PM come on down and enjoy some refreshments and say welcome back Vern. Cascade Bank is located at 437 5Th Ave So in Edmonds.
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Jun
02
Posted by tracy cobbin
Edmonds Bartell Drugs
“Stock the Pantry” summer food drive. All of Bartell’s 55 locations, including the Edmonds store, will be accepting donations through June 14. Bartell Drugs launches the “Stock the Pantry”food drive with Northwest Harvest by accepting nonperishable food donations at all 55 Bartell Drug
locations from June 1 to June 14. The drive builds on a long-time relationship between Bartell’s and Northwest Harvest to support in-need families in the communities we serve.
This two-week food drive is especially important to help Northwest Harvest replenish food stocks during summer months–when families that normally depend on free or reduced-price school meals may struggle to provide those meals at home.
Some “kid-friendly” food item suggestions include tuna, instant oatmeal, macaroni and cheese, peanut butter, cheese crackers, applesauce and canned fruit in individual serving sizes.
16% (approximately 226,000) of Washington’s children under 18 live below the federal poverty level. American Community Survey, 2006 and Washington Kids Count, 2009.
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