Let’s play a game. It’s called “Spot the Fundamentals,” and the way we play it is by looking at some of the “fundamentals” to figure out which ones are responsible for our area’s high home prices. The frequent condescending argument of the cadre of Seattle area housing bulls (real estate agents, “analysts,” the press, and…
Month: March 2007
03.28.2007 – Wednesday Open Thread
This is your open thread for Wednesday, March 28, 2007. You may post random links and off-topic discussions here. Be sure to also check out the forums, and get your word in the user-driven discussions there!
Case-Shiller: Prices Flat in Seattle
Uh-oh… Home prices go negative for first time in 11 yearsCase-Shiller price index shows prices falling in 17 of 20 cities in January WASHINGTON (MarketWatch) — U.S. home prices continued to fall in January, with prices in 10 major cities now down 0.7% year-over-year, according to Standard & Poor’s and MacroMarkets LLC, which released the…
03.27.2007 – Tuesday Open Thread
This is your open thread for Tuesday, March 27, 2007. You may post random links and off-topic discussions here. Be sure to also check out the forums, and get your word in the user-driven discussions there!
Condomania in Tacoma!
Tacoma: Your mission, should you choose to accept it, is to sell 1,500 high-end condos in 14 months: Hundreds of new, pricey condominiums exclude young singles needed for a thriving city core, according to the author of a study analyzing the downtown housing market. Builders and developers say land costs and water views push prices…