It’s time for another installment of Real Actual Listing Photos. Once a month (or so) I round up some of the most bizarre listing photos from around the Seattle area and post them here, with brief excerpts from the real actual listing description, and probably a bit of snarky commentary. The idea for this series…
Category: Features
The Battle of the Flippers: Everyone’s a Winner
Back in April two similary-specced homes hit the market on my street in what I referred to as “The Battle of the Flippers.” As of last week, both homes have now sold, so let’s check out the results: The Contenders 3609 Wetmore 2 Beds, 1 Bath, 1,106 square feet 4,792 square foot lot Built in…
Friday Flashback: Expect prices to “go quite a bit higher.”
Here’a a great gem that was posted on Rain City Guide in April 2006 by Chuck Reiling: Are We Brewing A Bubble In Seattle? Probably the most frequent single question I get as a realtor from my friends and clients and contacts is “Are we in a real estate bubble?” …there are two kinds of…
Your (Mortgaged) Home is Not an Investment
In late June’s post where I plotted the long-term trend of inflation-adjusted local home prices, there was some disagreement with my snarky insinuation that zero real appreciation over thirteen years (1999 to 2012) represents a lousy investment. As one reader correctly pointed out, the stock market’s total non-inflation-adjusted return over the same time period is…
Cheapest Homes: July 2012 Edition
Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This…