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
Reader Question: Refinancing an Underwater Mortgage?
A reader emailed me with an interesting question about refinancing an underwater mortgage: Do you think I can convince my lender to refinance my underwater 30-year mortgage to an underwater 15-year mortgage? Obviously another lender would have no motivation to take over a bad investment. But arguably it could be advantageous to my lender. They’re…
Friday Flashback: “We’re Protected” from the Bubble
Here’s a gem of an article from the Seattle Times, December 2006: Looking ahead: The sky isn’t falling for the Puget Sound market What will 2007 bring? Here’s what Seattle real-estate experts are saying. … So much for any bubble bursting this year. Gardner doesn’t see that happening next year, either. “This bubble lunacy is…
Housing Bubbles: US vs. Japan Twelve Years In
Nearly three years ago, Deejayoh posted a great comparison chart showing how the US housing bubble compared to the housing bubble Japan experienced in the late ’80s and ’90s. Let’s have an updated look at those charts. First up, here’s the chart of the straight-up U.S. and Japan home prices, updated through the latest 2011…
Cheapest Homes: September 2011 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…