Better be careful the next time you drive through Everett, you’re likely to get burned, the condo market there is so hot! On paper at least, downtown Everett is poised for explosive growth. Nearly 800 new downtown condos and apartments are in various stages of planning. There’s a good chance some of the projects scattered…
Category: Local
Local News
"Market fundamentals are extraordinarily strong."
By now most of you have probably already seen today’s article in the P-I: Homes overvalued by 31.7% in city, report finds. It’s pretty much the usual shtick. “Homes are expensive here, but…” followed by lots of quotes from various real estate “analysts” and “professionals” yammering on about how wonderful the “fundamentals” here are, what…
Latest Condo Conversion: Smith Tower?
If the owner of the Smith Tower gets what they want, you can add yet another condo to dozens already planned for downtown’s future. Walton Street Capital is hoping to convert the Smith Tower into condos: Ninety-three years after Pioneer Square’s Smith Tower was built as an elegant business address, its new owner hopes to…
"Quite frankly, it’s time to buy."
I think maybe there is some kind of virus infecting the minds of potential homebuyers. The virus settles into the brain and causes the victim to lose the capacity for rational thought in matters of real estate. Symptoms include the delusions that “I need to buy now or I’ll be priced out forever,” “I should…
Bubble Link Roundup
There were a lot of mildly interesting real estate stories in the local rags this weekend. So, I think it’s time for another link roundup: a list of links that are worth posting, but not each as their own post. The following links happen to all be specific to the Seattle area. Christy L. Thomas…