Let’s play a new game that I’m calling “Guess the Price.” Here’s how the game works. I’ll describe a home that’s currently on the market, giving you as many pros and cons as I can, and you guess what the final sale price will be when/if it sells, and the closing date. Be sure to…
Category: Features
Rehab Flips Making a Comeback During the Housing Bust?
Photo by Flickr user RickerPix found in the Seattle Bubble Flickr pool Way back in the days before everyone thought it would be a great idea to get rich selling progressively more ridiculously expensive homes to each other, “flipping” had a different meaning than most people associate with the word today. Flipping a home wasn’t…
Friday Flashback: Seattle’s Housing Bubble All-Star Team
Rather than focus on just one article for today’s Friday Flashback, I thought it would be fun to highlight a montage of brief quotes from a handful of local real estate professionals. Marlow Harris on 360Digest, April 29, 2006: Housing Bubble Babble Though I concede that we could be in for a market correction or…
Cheapest Homes: December 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…
The Avondale Albatross Now Bank of America’s Problem
The saga of the Avondale Albatross continues… A brief history of this 4,900 sq. ft. spec home on 3 acres north of Redmond: 2006-06: Originally spotted here, priced at $1,625,000 2006-08: Price drop to $1,495,000 2006-10: Price drop to $1,275,000 2006-11: New brokerage, still asking $1,275,000 2007-02: After 9 months on the market, finally sold…