The Washington Center for Real Estate Research (WCRER)has released their latest affordability statistics. Unsurprisingly, home affordability in King County dropped yet again, reaching a new low of 69.2. Here’s your latest graph of WCRER’s index since 1994: Click to enlarge The decline in affordability from Q2 to Q3 was relatively minor, due to lower interest…
Month: November 2006
Wednesday Open Thread
This is your open thread for today. Please post random links and off-topic discussions here.
Congratulations, You’re A Homeowner… Psych!
King 5 News reports on a home-buying scheme that has ensnared at least a few unsuspecting victims: Imagine buying a home and moving in, only to find out later that the house was never yours at all. It’s a mortgage scheme that’s caused financial pain and heartache for many families in Western Washington. It’s a…
Tuesday Open Thread
This is your open thread for today. Please post random links and off-topic discussions here.
An Anecdotal Update (Or Two)
I noticed on my drive home from work one day last week that the for sale signs had come down from in front of the million-dollar new construction on Avondale. Recall that just under a month ago, the price was dropped (again) to $1,275,000. So did the house sell, or are they just taking it…