Posted a few hours ago on the Seattle Times: Realtors hold a special open-house weekend April 10-11 Anybody care to explain: A) Why REALTORS™ still get free advertising like this from local newspapers, even after years of crap like this (pdf “fact sheet” from 2006)? B) What the heck is that photo supposed to have…
Category: Humor
New Data Conclusively Proves April 2010 Is The Bottom
Just-released data on open house traffic, phone calls placed to realtors, and casual searches at online listing sites, all point to a single, undeniable conclusion: April 2010 is the bottom of Seattle’s minor real estate adjustment. Look at this highly reliable chart of OPEN HOUSE TRAFFIC©®™ sent to me by a trustworthy leading industry representative:…
Housing ATM: We Have a Winner
I was digging around in the Snohomish County public records and I came across this interesting property history. Original purchase price is unknown, but records indicate that the serial refinancer owned the property since at least 1976. Date Document Amount 03.01.2002 Deed of Trust $12,528 03.07.2002 Deed of Trust $82,787 06.21.2002 Deed of Trust $17,973…
Million Dollar Decision Making
In the spirit of this 2007 post… let’s say you have a million bucks that you’re going to use to buy some real estate… Option 1: A 3,150 square foot “beautiful, well maintained Craftsman” sporting an “open floor plan with designer touches,” located on a 4,584 sq. ft. (0.1 acre) lot in the idyllic 47th…
Stop Setting Your Money on Fire Every Month!
I’ve been hearing a few familiar clichés on the radio recently… “Tired of setting your money on fire every month?” “Stop throwing away your money renting!” Maybe you thought that the dramatic and decisive collapse of the housing bubble would have rid us of this type of nonsense marketing. Well, you thought wrong. The twist…