Seattle Bubble

Here’s a great video by a real estate agent over in Virginia that lays out the plain and simple truth to home sellers in today’s market:

And if the video wasn’t entertaining enough for you, check out some of the reaction among other blogging real estate agents around the country. Most of the agents in [...]

[Read more →]

I’d like to take a little time to address a few things that keep coming up here and elsewhere in online real estate conversations that are starting to bug me. So that’s what I’m going to do.
Doom and Gloom Apocalypse Fun Time

First up is the incessant refrain that anyone predicting a decline in house [...]

[Read more →]

Foreclosures in King County spiked upward significantly last month, according to the latest report.
While the nation as a whole saw a notable drop in foreclosure filings last month, King County filings surged.
The county had 767 filings in November, up 127 percent from October and 93 percent from November 2006, according to RealtyTrac, an Irvine, Calif., [...]

[Read more →]

This isn’t Seattle-specific (although I did read it in the Times), but it’s a great column that actually manages to make an insightful contrast between the movie It’s a Wonderful Life and today’s housing bubble / mortgage mess:
Nowadays, it’s impossible to watch the 1946 holiday movie “It’s a Wonderful Life” and not feel a twinge [...]

[Read more →]

The still-tightening market for financing real estate is not only taking a bite out of individuals’ ability to buy homes. It’s also starting to affect the ability of large new construction projects to get financing to even begin building. New projects like a waterfront condo complex in Everett.
The start of condominium construction on [...]

[Read more →]

Here’s a roundup of some local real estate stories that came out this weekend.

The Times and the P-I give Redfin some free advertising by covering their list of Seven Tactics for Selling Your Home.
According to the Times, local builder Quadrant Homes (owned by Weyerhaeuser) is impervious to the housing market slowdown.
From the sounds of Phuong [...]

[Read more →]