Seattle Bubble

Note: Once again, if you are looking for data and graphs, this post is not for you.
So much could be said about this issue. One of the most fascinating developments to see unfold and the one theme I keep coming back to is how powerful blogging has been in shaping the mind-set [...]

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For many newer homeowners, this is the first correction they have experienced. I’ve been asked a question about short sales in an e-mail. It is a good question for both agents and appraisers to answer. It is presented as follows:
Appraisers, please chime in.
Fake Scenario: A home is sold [...]

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You know the drill. You and your siblings pile in your parent’s 1982 Chevrolet station wagon for the long 10 hr. drive to the summer vacation hot spot. Lots of games took place and many were invented to pass the time: Hold your breath through the tunnel, Stratego [...]

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Over at the P-I earlier this week, Bill Virgin chimed in on the housing mess again with yet another well-reasoned column: Homes are good investments, not slot machines or ATMs.
In the great American sport of finger pointing and blame shifting, a new villain has emerged to explain the mortgage-finance crisis.
The fault, it turns out, lies [...]

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Sorry no stats or graphs from me, just in the trenches reporting.
Snohomish Co. Update:
My wife is off providing sterling service tonight in Issaquah for clients who are buying/selling a home, (yes, we do business all over) so I’ve got some free time to do a bit of blogging and research.
There are a quite a few [...]

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It is important that consumers who are buying homes or refinancing understand that until a fiduciary relationship (one where the loan officer is working in the best interest of the borrower) becomes law, you are on notice that by not shopping you could be paying hundreds of dollars more per month than need be and [...]

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