Seattle Times columnist Nicole Brodeur points out the downside to the city’s apparent condo-rich future—the condos are pretty much only for the rich. I like the idea of an army of spit-shine new residents invading downtown. It’s fewer cars on the road, a nod to our healthy economy and hints at the world-class city we’ve…
Month: June 2006
The Tim Is On Non-Vacation
Speaking of going to California… that’s just what I’m doing (you think I get up at 4:00 AM for fun?). I shan’t return until Sunday night, so please feel free to use this post as an open discussion to discuss any stories I miss while I’m gone. If I somehow manage to find a usable…
Yet Another Workplace Anecdote (YAWA?)
Another coworker of mine just put the family house up for sale. They are asking $490,000 for their 2,000 square foot home built in 1998 on 0.35 acres in rural eastern King County. They purchased in July of last year for $410,000. The previous owner bought from the builder for $240,000 in 1998, and sold…
Northwest Realtor Talking Points
Here’s a little sample of the kind of real estate booster piece that gets circulated among those "in the business," courtesy of NWREporter. (Emphasis theirs) According to CNNMoney.com, the forecasts for housing price growth are calling for booming values in the state of Washington. For the June issue of MONEY Magazine, Fiserv Lending Solutions and…
State’s Chief Economist Warns Of Slowdown
Despite the fact that wages have basically been stagnant while daily expenses such as gasoline have been, shall we say, upwardly mobile, the state continues to rake in record revenue. Chang Mook Sohn, the state’s chief economist, said today that his outlook for tax collections for the 2007-09 biennium shows ever increasing revenues that lawmakers…