Here’s an article that goes into some detail on the subject of how much faster than wages housing prices have been rising, specifically in Snohomish County. The rapid rate of increase the last two years has raised eyebrows in the industry, Hokanson said. “Any time we get into double digits, we’re a little bit concerned.”…
Year: 2006
Zillow-rific… Or Something
Yeah I know, I’m way behind the curve on this one (that’s what I get for starting a new job), but it doesn’t really directly relate to a bubble, other than perhaps being an interesting way to watch things go down. Anyway, as you surely know by now, the much-hyped, formerly super-mysterious, Zillow.com is now…
Foreclosures On The Rise In King County
I generally dislike giving any attention to self-advertisements (a.k.a. “press releases”) on here, but I thought that a bit of info contained in this horn-tooting by Default Research was worth mentioning: Foreclosures increased by 2.04 percent in January in King County, according to Default Research…” 2.04% might not be really a big enough number to…
Plentiful Parking To Blame For Seattle’s Bubble?
Here’s an interesting tidbit from a mostly unrelated article (about getting people out of cars) in today’s Seattle P-I: Last March, Mayor Greg Nickels announced plans to reduce the number of parking spaces housing developers will need to provide in the Capitol Hill, First Hill, Pike-Pine and University District neighborhoods. The city’s Department of Planning…
Buyers Not Buying Thanks To… Football?
It’s that time of the month again, when the MLS numbers from the previous month hit the streets and all our beloved local papers rush to press with nearly-identical stories “analyzing” said numbers. The Times, P-I, News-Tribune, Herald, King County Journal, The Olympian, and yea verily even the Puget Sound Business Journal all piped in…