A few days ago, Rhonda over at RCG made a post titled The Great Rent vs. Own Debate in which she attempted to prove that even in today’s totally out-of-whack housing market, purchasing a home is still a better financial decision than renting. Obviously I disagree with her assessment. The main problem I have with…
Month: March 2007
Mortgage Mess Difficult to Ignore
Take a look at the front page of the Seattle Times website this morning: Click to enlarge That’s Coalition warns of “mortgage tsunami”, followed by Accounting, executives at lender New Century investigated, Fraud charges at Metropolitan Mortgage & Securities settled, and of course Mess unlikely to break economy. First off, I don’t think the term…
03.16.2007 – Friday Open Thread
This is your open thread for Friday, March 16, 2007. You may post random links and off-topic discussions here. Be sure to also check out the forums, and get your word in the user-driven discussions there!
Seattle 79th Most Affordable Metro
Out of 95 US metro areas, the Seattle-Tacoma-Bellevue housing market ranks as the 79th most affordable. In other words, even with Pierce County dragging the average down, as of 2005 we were still the 17th least affordable metro. Bizjournals compared housing costs and income levels in the 95 U.S. metros with populations above 500,000. The…
03.15.2007 – Thursday Open Thread
This is your open thread for Thursday, March 15, 2007. You may post random links and off-topic discussions here. Be sure to also check out the forums, and get your word in the user-driven discussions there!