Seattle Bubble

The latest quarterly housing market snapshot from the Washington Center for Real Estate Research (WCRER) was released yesterday, and as expected, the news continues to get better for home buyers. Since we’re talking about January through March, there are no surprises here for anyone that has been following the NWMLS data and the Case-Shiller [...]

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Couched in woeful tales of local residents that have been priced out of living in Seattle (buying or renting), a story in yesterday’s Seattle Times explored the question of whether an expensive Seattle is a desirable Seattle.
Can Seattle really claim to be a livable city when the median home value is half a million dollars [...]

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King 5 News ran a great little piece yesterday that demonstrates just how ridiculous it is to call falling home prices “doom and gloom.”
The flat real estate market has been a source of concern for many.
But for some charities like Habitat for Humanity, it’s providing a long awaited opportunity to advance their cause.
After years of [...]

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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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