As has been pointed out on this blog in the past, it isn’t just the personal residential real estate market that’s in bubble territory in Seattle. Huge corporations have been buying and selling entire apartment complexes at record rates, resulting in (of course) dramatically increasing prices: For anybody who’s lost a bidding war for a…
Year: 2005
2,000 Acre "Mini-Cities" Debated In Snohomish
Snohomish County is considering a proposal to allow supposedly “self-contained” communities. The Everett Herald reports on a public hearing last night: The mini-cities – built as large housing and commercial developments – are called fully contained communities, and continue to suffer criticism for not being fully contained. Such developments would require at least 2,000 acres…
Bigger = Better?
When it comes to houses, it seems most people have the American sentiment of “bigger = better = I want” ingrained into their subconscious. The Seattle P-I takes a look at how this mentality is shaping the Seattle residential landscape: During the past 10 years, about 2,400 single-family homes have been razed to make way…
Don’t Wait To Buy?
Writer Tom Kelly offers an opinion piece in the Everett Herald in which he takes a very matter-of-fact tone. To hear him tell it, there’s no question, prices will not decrease in the Puget Sound: Is there significant merit in waiting for the local housing market to cool before jumping in to buy a home?…
Seattle Residents Fleeing To Ellensburg?
Okay, so that title was a bit overdramatic. But that’s the job of a “reporter” right? Heh. Anyway, about 100 miles east of Seattle on I-90, the Ellensburg area is experiencing its own real estate boom, with new homes popping up at a record pace: Building permits issued for new homes in Kittitas County outside…