As the mortgage industry begins to crumble and home prices are declining across the nation, the local media and blogging real estate insiders seem to be getting a bit anxious. Maybe it’s just me, but take a look at some of the recent headlines: Home values here still rising (Elizabeth Rhodes, Seattle Times) Seattle-area homes…
Month: August 2007
More Median Price Musings
Last week Tim had a great post on median prices, where he looked at sales by area of the county, and showed that sales had remained strong in the high end locations while they had dropped away in the lower-priced areas. It was great analysis, and it got the wheels turning in my head –…
Washington State Plenty Exposed to Mortgage Mess
Warning: Mild sarcasm ahead Look what happens when you let someone other than a seasoned real estate reporter write articles about the market. You get the frightening truth—Washington State and the Seattle area are not exempt from feeling the effects of the national lending meltdown. Go figure. Ongoing turmoil in the subprime mortgage industry could…
Bubble Link Roundup
Dang, my inbox has been flooded with stories lately. Here’s a recap of some of the more interesting ones related to the local housing market. Click below to read tales of rising rents, flaming hot office markets, expensive and stale listings, virtual property tours, disappearing mortgage options, booming condos, and more!
Tales of a Seattle Real Estate Investor: Epilogue
In the months since the unexplained disappearance of the Tales of a Seattle Real Estate Investor blog, and the complete radio silence of its author Seattle Eric, many have wondered what ever happened to the one-time Rain City Guide contributor. Since he was arguably Seattle’s most public real estate flipper, openly discussing the ups and…