Let’s take an updated look at some Seattle-area rent vs. buy comparisons to see if the situation has improved at all since we analyized it last summer. Back then, the real-world example I used compared two similar homes in Kirkland. Total monthly costs for the rental were $1,515, while the home for sale would have…
Year: 2008
Signs of the Times
I thought I’d lump a few “sign of the times” type of stories into a single post, since it gets old after a while constantly reading (and writing) posts that are basically just slight variations on the “the real estate market is slow” theme. Here’s another interesting piece from Kirsten Grind over at the Puget…
Official WaMu Layoff Count Announced
Photo by The Tim The official layoff count for WaMu was made public today. According to various news sources, JPMorgan Chase will be cutting 3,400 jobs in Seattle. JPMorgan Chase is laying off 3,400 Washington Mutual employees in Seattle, according to spokesman Tom Kelly. That’s more than 80 percent of the 4,300 people it employs…
Another Angle on Recent Sales and Listings
While we wait for November sales statistics from the NWMLS, let’s take a look at a couple more charts of sales from the last few months to round out the big picture of what’s going on with local home sales. First up, here’s a look at the total closed sales by quarter, for every quarter…
Poll: What’s your #1 reason for wanting to own a home?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 12.06.2008.