Seattle Bubble

Okay, so that title was a bit overdramatic. But that’s the job of a “reporter” right? Heh. Anyway, about 100 miles east of Seattle on I-90, the Ellensburg area is experiencing its own real estate boom, with new homes popping up at a record pace:
Building permits issued for new homes in Kittitas [...]

[Read more →]

Way back in early September I made a post with the details of two properties in my neighborhood that had recently been put on the market.
The house in question has still not sold, and has now been languishing on the market for over 10 weeks. The price has been dropped from $350,000 to $319,950 [...]

[Read more →]

Nothing shocking going on here, just more confirmation of local neighborhoods still on the rise. Specifically, this story is about Thurston County.
South Sound’s booming housing market and recovering economy are contributing to record gains in Thurston County property values.
For the second year in a row, Thurston County set a record for gains in residential [...]

[Read more →]

You may recall last month that over on the other side of the Sound Kitsap County made King County’s gains look small, and in the month of September they’ve done it again, with Silverdale posting a 36.7% year-on-year increase.
Doney said the demand for affordable housing continues to increase, but that demand has the perhaps unintended [...]

[Read more →]

I failed to mention this before, but I’m actually on vacation right now, through October 30th. So expect posts here to be sporadic, but I will try to get in an update every few days. Although it doesn’t have anything to do with Seattle specifically, I thought some of you might enjoy this [...]

[Read more →]

Here’s another update on the continuing focus on the “spend or save” question when it comes to property & real estate tax revenue windfalls. The Seattle Education Association chimes in on the side of “spend,” requesting a big piece of the pie.
The Seattle Education Association (SEA), which represents the district’s teachers, instructional aides and [...]

[Read more →]