Parts two and three of King 5’s housing report focus on creative ways of making your money stretch that don’t include option-ARMs or other “creative” financing options. However, the reports aren’t directed at people buying a house to live in, but rather they’re written as how-to guides for real estate investing. If you’re handy with…
Year: 2005
What Your Money Buys Around Here
I suppose a more accurate title would have been “What The Bank’s Money Loaned To You At An Adjustable Rate Buys Around Here.” That would have been a bit unwieldy though. So just how much can the overextended family buy in Seattle’s bubble-rific market? That’s the question King 5 News takes on in part one…
Seattle "Under-Condo’ed" – Not For Long
Clearly if you are able to read a local paper, you are aware of Seattle’s amazing immunity to real estate woes past, present, and future. Logically then, Seattle would be a great place to build more condos, which historically are the most in danger of losing value in a falling market. Lucky for us, more…
Bubble Collapse Imminent: Seattle Still Immune
National economists are waking up to the reality of a housing bubble, stating in a report that a downturn in the housing market could mean a million lost jobs. But what about here in Seattle? The Seattle P-I adds their own reporting to the AP report: Much of the nation has had a lovely real…
Poll: A Bubble In Seattle?
A reader suggested and created the following polls: Do you think the greater Seattle area is in a bubble? How will prices change in 2006 for the greater Seattle area? I’d be interested to know what people are thinking. Seattle Bubble Tip Jar