2007 Revisited It’s that time of the year again. As the calendar rolls over, the real estate predictions start rolling in. But before we get to the predictions for 2008, let’s look back at 2007. My own guesses as well as predictions from most of the frequently-quoted local real estate insiders were covered in this…
Category: Opinion
Opinion, commentary, etc.
John L. Scott: “Now Is A Smart Time To Buy”
A number of people pointed me toward a “white paper” recently released from real estate brokerage John L. Scott titled “Why Now Is A Smart Time To Buy” (pdf). It purports to be “an objective assessment of the housing market as it stands at the end of 2007” designed “to help home buyers assess the…
Looking under the hood: How to save yourself aggravation and money when refinancing or purchasing.
Our fellow blogger colleague “Peckhammer” will get credit for this post whether Peckhammer intended for that to happen or not. Hat tip to him/her for inspiring this post. Regarding consumers capacity to understand loan documents, Peckhammer remarked : “The loan documents they signed could have been reviewed by an attorney and explained if there were…
Hedging Real Estate
This has been on my mind for a while: Two ways to hedge against or reduce the potential for problems in a tough market, today and for the future. #1) Buy something that you can improve. Not a disaster, but a home that is priced right for the condition of the home. If you are…
Are Bubble Bloggers a Stopped Clock?
Now that the real estate market in Seattle is finally showing undeniable signs of reversing direction (read: declining median prices), it’s interesting how the tone of some real estate professionals’ comments regarding this site (and others like it) are changing. Seattle Bubble was started in August 2005, during a time when the “common knowledge” among…