The Seattle Market is moving from a Soft to Standard designation along with 49 other markets in the country!

This information just came out and will go into effect just as soon as it can be updated into our system.

This means that LTV restrictions will be lightening up and qualified buyers will be able to make smaller down payments! This should take some of the pressure off the appraisers too.

Overall, we are moving from 231 to 181 soft markets, a drop of 50 which is much more aggressive than our major competition.