Seattle Bubble

From an article on home staging in the Puget Sound Business Journal:
For [Seattle home stager Jan] Sewell, who is also a Realtor with Windermere Real Estate and owner of her staging business since 1997, today’s market is unlike anything she has ever experienced.
“I have been through a couple of slow markets in Seattle before, but [...]

[Read more →]

Last week the Puget Sound Business Journal ran a piece comparing King County to San Diego County. It was behind a subscriber-only wall, but now it’s fully available on their website: How King County dodged mortgage mess compared to San Diego. Unfortunately, the article doesn’t really have any new material that regular readers [...]

[Read more →]

It’s official: The Seattle condo market has hit finally a wall. Here’s a little article from the Puget Sound Business Journal on Friday that goes into all the details:
With more than 400 condominiums under construction in a faltering housing market, Seattle-based Vulcan Real Estate has decided to sweeten the deal for potential home buyers.
In [...]

[Read more →]

Here’s an interesting story that popped up over the weekend and had people emailing me and discussing it in the comments and forums. A downtown luxury condo building named Escala is having trouble moving the last 70 units (of 270, so roughly 25%), so to try and juice up their sales, they’re raising prices. [...]

[Read more →]

Here are a few short quotes from some recent interesting articles (followed by some pithy one-liners) that I haven’t had the time to dedicate entire posts to:
Slumping sales of lots could presage fewer new houses for region
A key future indicator of the housing market is down sharply, but that could be a good thing, local [...]

[Read more →]

This article appeared on the front page of the Puget Sound Business Journal early this month. While typically not read by the general public, “Biz Journals” are widely circulated throughout the business community. Local businesses use the publication to keep tabs on their customers and competitors and to stay abreast of local business news.
I’ve posted [...]

[Read more →]