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Category: Features

Reader Story: Buying a Bank-Owned Home

Posted on June 10, 2009June 10, 2009 by The Tim

Tomorrow we’ll have the monthly foreclosure report for May, but today here’s a comment left by “Ross” in the reporting roundup last week that deserves to be highlighted. Ross recounts his experience attempting to buy a bank-owned (i.e. – foreclosed) home: On a foreclose property I was watching, here’s my experience: Last purchase price (2006)…

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“Throwing Away Money”

Posted on June 9, 2009June 10, 2009 by The Tim

One of the reasons we would often hear people use to justify overspending on a home during the bubble was that they wanted to stop “throwing away money” on rent. I would hope that by now most people have realized how ridiculous that concept is, but I thought it might help dispel the notion if…

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DIY Seattle Home Ownership on the Cheap

Posted on June 4, 2009 by The Tim

A couple months ago I pointed out Mike Davidson’s excellent home-building journal A House by the Park, in which he is chronicling his step-by-step process to build a custom home in Magnolia. When I posted that link, some readers complained that Mike’s project was too high-end to be of much use to your more average…

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Cheapest Seattle Homes: June Edition

Posted on June 2, 2009June 2, 2010 by The Tim

Let’s check in again on the cheapest homes around Seattle proper. Ideally this should be a monthly series, but somehow it was overlooked last month. For methodology and a brief explanation of the reasoning behind this series, hit the April post. Please note: These posts should not be construed to be an advertisement or endorsement…

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What does Personal Income tell us about near future home prices?

Posted on June 1, 2009May 31, 2009 by deejayoh

There have been a couple of discussions in the comments section in the last week or so about the relationship between home prices and incomes.   I thought it would be  a good time to queue up a post about the long-term price-to-income trends, where we are now, and what the possible outcomes could be. The…

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