Sometimes I can’t help but wonder if the local real estate reporters are being paid to push the “buy now!!!” mentality around here. For example, today’s article which comes right out in the headline and urges us to act fast! As of March 1, 29 properties were available. Three more were added during the month….
Category: Local
Local News
Rain City Bubble Boosters Club
Our local real estate blog Rain City Real Estate Guide — by realtors, for realtors (my subtitle, not theirs) tackled the topic of a Seattle bubble today. “Eastside Specialist” Chuck Reiling places himself firmly in the “Microsoft will protect us” camp with his post: The second kind of bubble, let’s call it Type II, seems…
Seattle A "FairValue"
A commenter pointed out this article on CNN Money a few days ago regarding overpriced coastal housing markets: Some of the most overheated U.S. housing markets did become a little less overvalued during the fourth quarter of 2005 — but homes there didn’t actually fall in price.Other factors, such as rising income, combined to increase…
Super Smart Seattle
So maybe Seattle isn’t attracting CEOs and high-level professionals, but let not your heart be troubled. Seattle’s skyrocketing house prices will be carried along by college graduates! College graduates are flocking to America’s big cities, chasing jobs and culture and driving up home prices. Seattle, a new analysis shows, is on the top of the…
Bankrate.com: Seattle Immune To Bubble
Eileen Tefft over at Rain City Real Estate Guide pointed out that Bankrate.com has ranked Seattle (together with Portland) as one of the top ten "bubble blowers" — places that they say "appreciation should continue to grow." The overall news out of the Pacific Northwest isn’t great. The area lost jobs in the tech bust…