Month: August 2006

Enjoy this puff piece from today’s Seattle P-I about the latest report from Zillow on Seattle’s “impressive” real estate market. A steady stream of potential buyers flowed through a big Craftsman house a couple of blocks from Green Lake on Sunday, apparently undeterred by its $695,000 asking price. The house went on the market Aug….

Here’s another report out of Olympia, on the significant cool-down that housing is experiencing there. As the South Sound real estate market cools from overheated to warm, sellers are increasingly offering price reductions in order to speed up sales. Real estate agents say the recent appearance of homes marked as “Price Reduced” indicates that this…

I know many readers have asked me to provide information regarding the tightening of lending standards. In researching this (maybe some loan officers that sleuth this site could be much more helpful) I did find the following: August 11, 2006–Federal Deposit Insurance Corp. Chairman Sheila Bair says federal banking regulators are still a few months…

Name & phone number have been liquified to protect the—well, just as a courtesy. In case you are wondering—no, they are not a REALTOR®, so I guess they don’t have that pesky code of ethics to be concerned with. Thanks to my former coworker JP for the heads up on this.