Leafy bubble by Martin Thomas, on Flickr

April Reporting Roundup: “You Should Buy Now” Edition

It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Northwest Multiple […]

KUOW Nails the Problem of Placing Blame for Rising Rents

In March I wrote a post calling out people who blame investors for rising rents and unaffordable housing. Today I’d like to highlight some reporting that gets it right. This story by KUOW’s Joshua McNichols is a couple weeks old, but he hits the nail on the head, and I wanted to make sure it […]

March Reporting Roundup: Anxious Frenzy Edition

It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Frenzied Market […]

Don’t Blame Investors For Unaffordable Housing

An article published this week in Seattle Weekly titled A Letter to the Investor Buying Our Apartment Building pinned the blame for the lack of affordable housing in the Seattle area on investors and their dirty obsession with profits.

…Eve and Charles told us they were putting the property up for sale. Who could blame them? The building is a century old and so much work went into maintaining it, especially for a couple of people who, also, are aging. But it’s prime real estate, right on the water with a view that would make even Donald Trump drool. So we had a good idea of what would happen after the sale went through. Skyrocketing rents and a landlord we’d never see, much less ever know…

Are Seattle Homes Being Purchased With Income, Or…

Gene Balk posted an interesting piece on the Seattle Times last week that explores how the number of low, middle, and high income households have grown or shrunk around King County since 2000: Mapping King County’s disappearing middle class The map is cool (click through to the article for an interactive version), and Gene’s overall […]

Fire by Flickr user Amy Glaze

February Reporting Roundup: Market on Fire Edition

It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Favorable weather […]

Seattle Real Estate in 2023 (via Parks & Recreation)

What will the Seattle real estate market look like eight years from now? Not much different than it does today, if “Parks & Recreation” is to be believed. For those who have been living in a TV culture vacuum for the last seven years, Parks & Recreation was an NBC TV show about local government […]