Though I don’t agree with the argument that the Seattle area is special and immune to future housing pain, I’m not the type to ignore evidence that supports such claims. Case in point, Snohomish County’s hot and growing job market: Snohomish County is on fire – at least in terms of job growth. The county…
Month: November 2005
Deals On Fixers Or At Auction?
Parts two and three of King 5’s housing report focus on creative ways of making your money stretch that don’t include option-ARMs or other “creative” financing options. However, the reports aren’t directed at people buying a house to live in, but rather they’re written as how-to guides for real estate investing. If you’re handy with…
What Your Money Buys Around Here
I suppose a more accurate title would have been “What The Bank’s Money Loaned To You At An Adjustable Rate Buys Around Here.” That would have been a bit unwieldy though. So just how much can the overextended family buy in Seattle’s bubble-rific market? That’s the question King 5 News takes on in part one…
Seattle "Under-Condo’ed" – Not For Long
Clearly if you are able to read a local paper, you are aware of Seattle’s amazing immunity to real estate woes past, present, and future. Logically then, Seattle would be a great place to build more condos, which historically are the most in danger of losing value in a falling market. Lucky for us, more…
Bubble Collapse Imminent: Seattle Still Immune
National economists are waking up to the reality of a housing bubble, stating in a report that a downturn in the housing market could mean a million lost jobs. But what about here in Seattle? The Seattle P-I adds their own reporting to the AP report: Much of the nation has had a lovely real…