Time for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release. Here’s a link to this month’s NWMLS press release (although it still isn’t live yet, it should appear here): Brokers cite tax credit and rising consumer confidence…
Category: Local
Local News
Shifty LLC + Shoddly Construction = 82 Owners Up a Creek
A reader emailed me a few weeks ago with a very interesting story, but I was unable to take the time to write up a properly-researched post. Mish has picked up the slack, and has the scoop on the likely mass default of the entire 82-unit Riverwalk condo complex in Redmond. It turns out the…
Oh Boy, Let’s Visit the Buy vs Rent Argument Again
There has been a bit of talk in the last few days about a New York Times story published on Tuesday that once again revisits the subject of buying vs. renting: In Sour Home Market, Buying Often Beats Renting In some once bubbly markets, prices have fallen so far that buying a home appears to…
25-Story Apartment Tower Built in 2001 Now a Teardown
The SunBreak broke an interesting story on Saturday afternoon: Belltown’s McGuire Apartments Killed by Flawed Construction Photo by Flickr user Nick Denny The McGuire apartment building, at 210 Wall Street in Belltown, opened its doors in 2001. Now, just nine years later, it’s closing them for good. Though the marketing copy, ironically, boasts “exceptional attention…
Reporting Roundup: Pending Tax Credit Expiration Edition
Time for the monthly reporting roundup, where I read all the local paper rehashes of the NWMLS press release so you don’t have to. Here’s a link to this month’s NWMLS press release (although it still isn’t live yet, it should appear here): Northwest MLS brokers report 51% jump in pending sales Home sales around…