Interesting @SeattleTimes article that breaks down some numbers behind foreclosures in King Co. http://bit.ly/i9KYm8 # …be sure to catch the @Tableau interactive w/ Seattle, Baltimore, & Phoenix. http://bit.ly/iiZC92 Lots of refinance foreclosures here. # Sobering article about the nasty-sounding mess the Boeing 787 Dreamliner is still mired in. http://bit.ly/gvGBur "manufacturing hell" # Interesting news on…
Year: 2010
Analyze a “Below-Market” Deal: Historic Pricing
Our final method for determining whether or not a home is a good deal is to compare the current asking price to the historic sale prices of the same home during pre-bubble years. The simplest method is to find the oldest sale record available for the home and compare the total percentage gain from that…
Christmas Weekend Open Thread (2010-12-24)
Here is your open thread for the weekend beginning Friday December 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…
Analyze a “Below-Market” Deal: Nearby Rents
Unfortunately when you’re looking at single-family homes, it can be difficult to get an accurate read on what people in the neighborhood are currently paying in rent. However, studying asking rents in the rental section of Craigslist is the next best thing, and it is definitely better than nothing. photo by The Tim Do a…
Analyze a “Below-Market” Deal: Comparable Sales
The art of analyzing a home’s “comps”—once the exclusive domain of real estate agents and appraisers—is now open to everyone thanks to sites like Zillow and Redfin that display detailed data on sold homes. The basic process is simple: Make a list of recently sold (within the last 3 months, ideally) homes similar to the…