Smith Tower Foreclosed

In case you missed it Friday, the Smith Tower was sold (back to the bank) at foreclosure auction. Here’s KING 5’s report: Historic Smith Tower sold for $36.9 million That’s what happens when you make a big public announcement about intentions to convert to condos, scaring away all your good tenants, then fail to follow […]

Buyer’s Market? Seller’s Market? Neither, Really.

I had another brief appearance on KING 5 News tonight. Here’s the video: It’s a great time to be a seller… if you can afford to sell at today’s prices. And it’s a great time to be a buyer… if you can be really patient and are willing to tolerate being out-bid numerous times if […]

KUOW on Low Inventory and Over-the-Top Anecdotes

I spent some time over the last week working with KUOW’s Deborah Wang on a story about what’s going on right now in Seattle’s real estate market that aired yesterday morning: Seattle Home Buyers Beware: It’s a Seller’s Market Again If you’re looking for evidence of a real estate comeback, just check out any […]

Even More Delightful NAR Propaganda

An instant classic: This video brings up a number of questions: Who is this nebulous evil entity that is “threatening the dream of home ownership”? How does a moving van across the street mean that my grandkid won’t be able to buy a home? Wouldn’t it put many NAR members out of business if everyone […]

True-to-Life Housing Bubble Monopoly Remake

My brother-in-law pointed me toward this segment of The Colbert Report that aired back on August 3rd. I hadn’t seen it yet, and since I got a laugh out of it I thought was worth sharing here: *Video: colbert report – new monopoly You can watch the entire segment on the Colbert Nation site, but […]

The Return of the Pink Pony!

The Return of the Pink Pony!

So I’ve spent most of this weekend attending the Penny Arcade Expo (PAX) at the Washington State Convention Center downtown. Yesterday there was a sight on Pike street that was just too good not to share with you: The pink pony has returned to Seattle! I swear I had nothing to do with this. Turns […]