I received the following question from a reader via email, and thought it would make an interesting discussion topic: I’m a long time Seattle resident who moved to Asia due to work assignment in 2007. Separately from the money we are saving to buy a home to live in when we return, we have a…
Tag: investment
Is the “home as a profit engine” paradigm finally dying?
I recorded an interview with KIRO news radio yesterday that might be of some interest. The days of buying a house for profit may be gone https://seattlebubble.com/blog/wp-content/uploads/2010/08/KIRO-2010-08-24.mp3 An excerpt: If you’re looking for an investment, consider stocks and bonds, coins or comic books. The days of buying a house for big profit might be gone…
Historic Growth Rates of King County Home Prices
A reader emailed last week, requesting some information on the historic rate of price growth for King County home prices, in order to make a more educated guess when making buy-vs-rent calculations. To that end, I am providing the following charts and table. First up is the average growth rate for King County Single-Family homes…
KUOW Seeking Stories from Commercial Real Estate Investors
I received the following request from a KUOW reporter that I thought was worth forwarding on to the general reading audience: Another of our reporters is working on a story on commercial real estate investment. I recognize that your blog follows residential real estate more closely, but I know many of the people reading it…
2008 Pop Quiz
Pop quiz, hotshot. Let’s say you had $100,000 on January 1st 2008. Which of the following “investment” methods took the largest loss in 2008: 20% down payment on a $500,000 SFH in King County. S&P 500 index fund. Cash under the mattress. … And the answer is… A! According to the NWMLS, the median price…