The battle over proposed changes in the real estate excise tax is heating up, and depending on which side you listen to, the change would either drive prices up, or drive prices down. The Washington Association of Realtors has launched a $1 million campaign aimed at squashing a proposed tax increase on real-estate sales. “We…
Month: November 2005
Seattle #10 Best Apartment Investment
Seattle is a good place to put your money if you want to invest in apartments, or at least so says the Center for Real Estate Studies: The Seattle area has been ranked No. 10 on a list of the nation’s top markets for apartment investing. The Center for Real Estate Studies bases its ranking…
Number Of Realtors Surges
While the median price of Seattle-area homes has skyrocketed and the number of active listings on the market has decreased, the number of realtors out there trying to sell them has surged in recent years: The nation’s sizzling housing market has attracted droves of home buyers, but it has also drawn many who are looking…
First-Time Buyers Come Up Short In Seattle
Thanks again to a faithful reader for pointing out an article that slipped under my radar during the holiday. The Seattle Times reports on the growing costs of housing in the Seattle area, and how many people are being priced out of the market: Despite earning wages higher than the national average, Seattle-area buyers increasingly…
Land Sale Provides Seattle Times’ Only Profit
It seems that if not for the real estate bubble, the Seattle Times would have continued their recent in-the-red streak: The Seattle Times Co. has posted a $24 million one-time gain on its books from the June 2004 sale of 6 acres of South Lake Union real estate.…In January, Times Co. officials said their Seattle…