For anyone who wonders why I pay little to no attention to Forbes when it comes to real estate, here’s a little flashback from late November 2007, four months after home prices peaked in Seattle. Scaled-back lending practices, risky loans, oversupply and low demand continue to plague the nation’s housing markets, driving down prices and…
Month: November 2010
Weekend Open Thread (2010-11-26)
Here is your open thread for the weekend beginning Friday November 26th, 2010. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word…
Happy Thanksgiving!
Happy Thanksgiving everybody. Enjoy the insane weather. I certainly never thought I’d see a white Thanksgiving in Seattle. I’m thankful that this site has been able to save a few people from ruining their financial lives by following the baseless hype spewed non-stop by most real estate agents, like this sign I photographed in 2006….
Thornton Place Throws in the Towel on Condo Sales
Anybody remember the Thornton Place condos at Northgate? Thornton Place’s 109 condos have been on the market since last summer. None has sold, and now the complex is nearly finished. “We were looking at what would get people off the fence,” said Jeff Cook, president and chief operating officer of Stellar Holdings, one of the…
Mid-Week Open Thread (2010-11-24)
Here is your open thread for the mid-week on November 24th, 2010. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word in…