Seattle Bubble

I should at least mention the local news reports about the latest Dupre + Scott rental survey. Here’s the meat of the report, courtesy of Aubrey Cohen at the P-I:
The King County vacancy rate hit 3.8 percent this month, down from 3.9 percent in March and 4.2 percent in September 2006, according to Dupre [...]

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This is a post that I originally wrote for the highly-recommended personal finance blog Get Rich Slowly. As such, the style of writing is more geared toward the audience of that site. However, I felt that the post would be of interest to the readers here as well, so I am re-posting it [...]

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A reader going by the name Angie has been making some comments on a couple of posts the last few days that merit further discussion:
…the fact is that in some places in the US all but the very rich have been priced out forever! NYC, coastal southern California, San Francisco, etc, etc. It’s been that [...]

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Let’s follow up yesterday’s heavy downer of a post with some lighter fare. I think it’s time for another link roundup.
So you say they’re not making any more land, huh? Well, maybe not, but that doesn’t mean we’re running out of places to build houses. No, I’m not talking about condos. [...]

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Dang, my inbox has been flooded with stories lately. Here’s a recap of some of the more interesting ones related to the local housing market. Click below to read tales of rising rents, flaming hot office markets, expensive and stale listings, virtual property tours, disappearing mortgage options, booming condos, and more!

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It’s getting more and more difficult for the local press to pretend like everything is roses, bubbles, and white puffy clouds in the local housing market. So, what’s the next best thing to pumping housing? Spreading fear about renting!
Renters have been saying loudly that rents are rising steeply and vacancies are few.
Now comes [...]

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