Here’s yet another article in the Times focusing in on condo conversions: In the first six months of this year, 1,162 Seattle apartments have become condos or are headed for conversion, a pace that would far exceed last year’s total of 1,551 conversions. The trend is happening outside Seattle, as well. Last year saw about…
Month: July 2006
Wednesday Open Thread
This is your open thread for today. Please post random links and off-topic discussions here. Here’s a random little snippet of my own. Seen on the Craigslist forums last week: Over the long weekend, one of the people I was camping with is an Escrow officer on the Eastside. I asked her a few questions…
RE: There Is No Bubble In Seattle
Last week, Gregory Wharton posted the grand culmination of his 15-part Seattle real estate bubble extravaganza. I wanted to wait until he posted the last chapter, but it’s been over a week, and I think the points he made in his most recent posts should be addressed sooner rather than later. I said in my…
Rents Predicted To Rise… Still
A number of readers pointed out an article in yesterday’s Seattle Times about “multifamily housing” (apartments) that’s full of the usual pep-talk and rah-rah-speak claiming that prices have nowhere to go but up, up, up, and isn’t that just wonderful! With apartment vacancy rates declining and job growth increasing, real-estate investors are snapping up properties…
Sunday Open Thread
This is your open thread for today. Please post random links and off-topic discussions here. After giving it some more thought, I think I may only post a new “open thread” once every few days, or after the comments reach 100 or something like that. Feel free to share your thoughts on the best frequency…