In our discussion this weekend about why people would walk away from a mortgage, even though they can afford to continue paying, Tim Kane (S-Crow) pointed out: It doesn’t take much emotional pull to consider walking away when you see property being purchased across the street for $150,000+ less than what you may have purchased…
Tag: new_homes
Street of (Materialistic) Dreams 2006 Revisited
There’s lots of blah, blah, blah going on about the latest Street of (Materialistic) Dreams, where every-day commoners like you and I can pay $18 to tour a bunch of over-the-top abodes. The local press seems to have stars in their eyes, and spends most of their time talking about all the low-flow toilets, and…
Local Builders Offering More Incentives?
In a Lynnwood Journal puff piece that reads more like a sales ad than a news article I found these interesting anecdotes: Local lenders, such as Golf Savings Bank, are offering incentives, such as $1,000 off closing costs for certain new home communities, like Edmonds Cascade Cottages. And local developers, such as Puget Sound Homes…