With the housing downturn in full swing, it’s interesting how many housing developments have slowed to a near stop or stalled completely. I’ve begun mapping out some of these fallow construction sites in the areas that I frequent (north King / south Snohomish), and I thought it would be interesting to open the process up…
Category: Features
Potential Pitfalls to Watch for at Real Estate Auctions
A reader emailed me to inquire about the Lumen Condos auction that is currently being advertised on our sidebar, asking whether there are any “catches” or “gotchas” that aren’t easy to spot. Auctions like this usually have a few things that might be described as “gotchas.” Here are a few things to look out for:…
Revisiting Jim Cramer’s 2007 Prediction for Seattle Real Estate
Jim Cramer, September 2007: Don’t you dare buy a home now. You will lose money. [Real estate agents complain, insist that real estate is regional, and there are some places where it is a good time to buy. Cramer responds…] Seattle, and 10005 are the only two. Maybe Montgomery County in Maryland. Three. That’s it….
How-To Sell Your Home: Deep Clean to Make Your House Shine
A few weeks ago we kicked off a new series: How-To: Sell Your Home in a Down Market with an overview of the important factors that home sellers must address if they want to succeed in selling their homes in today’s market: Pricing Marketing Cleaning Extras Rather than tackling these in the above order of…
The Consequences of a Market Full of Monthly Payment Buyers
Here’s a brief quote from a post that appeared here in 2006 titled The Monthly Payment Buyer: In my opinion, it’s no wonder that home prices have gotten so out of whack with true fundamentals, when the first question someone asks in the home buying process is not “Is this house worth $XXX,000?” but rather…