Bull's Eye! Congratulations if you are one of the many folks who took advantage of the great interest rates in the 4% range along with the great home values in 2010?
For those of you that are still concerned that home values will continue to drop in 2011, I'd like to suggest you breathe easy for the following reasons:
First: The interest rates have started to rise 
slightly, so congratulations on your wise decision in 2010.
Second: Even if the values drop some this year - you should ignore it and enjoy your home because you shouldn't be selling yet. I know this seem obvious, but many folks forget to see the big picture. If you did sell, even in a good market, you would lose money because of the cost of selling a home. Your home's value will be improved by the time you would normally sell in 5 - 7 years, and you should have equity in your home. You won't lose a thing, all the while enjoying the benefits of owning a home.
If you are still a buyer on the fence, then please take note of the interest rate increases. Get pre-qualified with a lender you can trust. It may be time to stop straddling that fence, find your ideal home, and make that purchase. Make this truly your Happy New Year and start your search here for King County Real Estate.
If you would like more information, just take the next step forward and ask me!
Roseanne Campagna
Windermere RE/South, Inc.
253-854-8900
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