Looking back at 2008 And now it’s the post we’ve all been waiting for (and by “we” I mean probably just me). Time to see which real estate “professionals” made housing market predictions that match closest with reality, which ones were more in line with the former Iraqi Information Minister, and what they’re all guessing…
Category: Features
2008 Pop Quiz
Pop quiz, hotshot. Let’s say you had $100,000 on January 1st 2008. Which of the following “investment” methods took the largest loss in 2008: 20% down payment on a $500,000 SFH in King County. S&P 500 index fund. Cash under the mattress. … And the answer is… A! According to the NWMLS, the median price…
New Improved Sidebar Inventory Tracker Courtesy Estately.com
I’m happy to announce that Seattle Bubble now sports a new and improved sidebar inventory tracker, thanks to Galen Ward of Estately.com. A few months ago our most reliable source for the hourly inventory tracker went offline, leaving us with two far less dependable sources for the inventory data. Since then the sidebar inventory tracker…
How To: Research Property & Loan Records
There are many reasons you might want to do some research into the loan documents and other public records for a certain property. You’re thinking of buying a house and want to know how much the seller owes when crafting your offer. You’re looking at a home for rent and want to know if the…
J. Lennox Scott & Dick Beeson Predictions vs. Reality
Some quotes from J. Lennox Scott about the local real estate market. October 2007: This is an ideal time for buyers because they no longer have to pay the pricing premium that existed in previous years. There is less competition for homes, yet prices continue to appreciate, creating a great opportunity for buyers to position…