From an article in today’s Everett Herald Business Journal: It’s a seller’s market as Snohomish County home prices rebound I don’t think we’re anywhere near in a position to worry about another bubble. The increase in appreciation has been pretty steady. It hasn’t gone up overnight. – Deidre Haines, Broker with Coldwell Banker Bain “Not […]
A word from The Tim: This post is from long-time Seattle Bubble participant Kary Krismer, managing broker with John L. Scott/KMS Renton. Kary’s expertise in both real estate and law gives him a good perspective on issues like this tweak in earnest money law here in Washington State. Thanks, Kary! Disputes over the release of […]
Full disclosure: Quill Realty is a Seattle Bubble advertiser, and Tim worked with Craig at his previous company WaLaw (also an advertiser) to buy his home in 2011. Last week local brokerage Quill Realty (spotlighted in this 2014 post) announced that they will be withdrawing from the NWMLS completely in order to “offer broker services […]
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 […]
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 […]
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 […]
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…