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Month: June 2006

Big Boeing Bonus… Bubble Booster?

Posted on June 30, 2006 by The Tim

Given that the housing bubble is so closely tied to the economy, both on a national and a local scale, I feel compelled to mention the $346,500,000 stock infusion that will soon be distributed among 63,000 Puget Sound residents. If Boeing’s stock ends the day near Thursday’s closing price of $83 a share, employees will…

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South King County: Affordable Slum

Posted on June 30, 2006 by The Tim

There may still be one part of King County that has affordable housing, but apparently only to the detriment of pretty much every other quality of living measurement: South King County residents have more problems with obesity, feel less safe from neighborhood crime, and are more likely not to have health insurance than those who…

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Condo Demand To "Outstrip Supply"

Posted on June 29, 2006May 25, 2012 by The Tim

With the talk of all the new condos that are allegedly on their way to downtown, we’ve been wondering where all the demand will come from to fill them. Here are three possible answers: Suddenly, a proliferation of new high-rise residential tower projects is on the books, in for permits, or under construction. In downtown…

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New Construction Costs In Seattle

Posted on June 28, 2006 by The Tim

In a recent post in his continuing series on whether or not Seattle is in a bubble, Gregory Wharton took a look at the actual cost of producing new houses. After doing a bit of math on construction costs, he made the following claim: …the comparative value of new construction for the median Seattle home…

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How To: Ditch The Buyer’s Agent

Posted on June 27, 2006 by The Tim

I found this article about ditching the real estate agent to be unintentionally amusing. Eric Boerner was shopping for a house in the Seattle area when he decided he couldn’t stomach the idea of a real estate agent pocketing thousands of dollars in fees for work he’d rather do himself. Did he really need someone…

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