Tag: Uncategorized

The Washington Center for Real Estate Research (WCRER)has released their latest affordability statistics. Unsurprisingly, home affordability in King County dropped yet again, reaching a new low of 69.2. Here’s your latest graph of WCRER’s index since 1994: Click to enlarge The decline in affordability from Q2 to Q3 was relatively minor, due to lower interest…

King 5 News reports on a home-buying scheme that has ensnared at least a few unsuspecting victims: Imagine buying a home and moving in, only to find out later that the house was never yours at all. It’s a mortgage scheme that’s caused financial pain and heartache for many families in Western Washington. It’s a…

From Business Week: “St. Louis Fed president William Poole said, according to Bloomberg News. ‘As long as the housing problem remains confined to housing, there’s really nothing the Federal Reserve can or should do.’” Realistically, I don’t think this will be the case. From a business perspective, I’m watching cash flow more intensely than ever….

Alki – What you will become after your home becomes a boat anchor Belltown – Experience fine dining while warding off homeless and addicts Capitol Hill – Enjoy wearing your fauxhawk while calling 9-11 Denny-ile – Denial over the negative appreciation in your recent downtown Seattle condo purchase Eastside – Close to Microsoft. Location, Location,…

Slowdown denial is in full force up in Skagit County, where in an article titled “Skagit’s Housing Market: Staying Strong,” a monthly rag called Skagit County Business Pulse has apparently resorted to publishing outright lies. People will go to great lengths these days to own property, especially packages with added value. Despite the high cost…