San Francisco has always been a favorite place of mine to visit. I even lived there during a brief time in 1999 when the vacancy rate was less than half a percent! One thing that always struck me about San Francisco was the homeless. Not simply the sheer volume of homeless but the lengths at…
Author: synthetik
Seattle Times Pumps Interest Only Loans
From the Seattle Times over the weekend: Almost every dollar Todd Asher earns is spoken for. He has one daughter in college, another in high school and a toddler in diapers. “We made a decision to have my wife stay at home with our 18-month-old son, so we’re living off my income, paying for tuition,…
Wednesday Open Thread
This is your open thread for today. Please post random links and off-topic discussions here.
Sell It In The Slow Season
Story from HeraldNet.com, November 26, 2006 Summer, the prime time for selling a home, was approaching and Jeanne and Eric Mehan wanted to sell fast. In the rush to sell before fall, the Woodinville couple acted on some bad advice. Put it on the market, full of clutter, not cleaned, at top price, even if…
Trend: More Price Reductions for Seattle
From Bubble Markets Inventory Tracking: Percentage of Reduced Listings Per Market. Ventura County:10/22: 51.3%—> 11/18: 50.3% Sacramento Metro:1/30: 30.5%—> 10/20: 49.0%—> 11/18: 49.0% Orange County:1/30: 22.8%—> 10/20: 45.8%—> 11/18: 45.0% San Diego County:1/30: 26.3%—> 10/20: 43.9%—> 11/18: 42.9% Phoenix Metro:1/30: 28.0%—> 10/20: 43.2%—> 11/18: 42.2% Riverside County:1/30: 27.3%—> 10/20: 40.2%—> 11/18: 39.5% Las Vegas Metro:1/30:…