Question for discussion: In Washington State, can Loan Officers operate within the framework of a Fiduciary duty to their clients when the lending industry is structured with incentives that may be in conflict with the new standard? Jane Kim of the Wall Street Journal wrote an excellent article in this past weekend’s issue regarding Wall…
Category: News
News, current events, etc.
Tacoma Condo Project Foreclosure Auction Reveals Grim Reality
How bad is the condo market in Tacoma? Pretty bad. Recall this article from June: Tacoma Luxury Condo Project Headed for Foreclosure The Esplanade, a nine-story condominium on the west side of the near-downtown Thea Foss Waterway, has until Aug. 21 to escape from the imminent foreclosure, said sources close to the project who were…
TIME: Renting Still a Better Deal in Seattle
In their latest issue TIME Magazine declares that in many cities, price-to-rent ratios indicate that buying a home has become a better deal than renting for the first time in years… but not yet in Seattle: Is Owning a Home Better Than Renting? “A year ago, it was a better deal to rent,” says Andres…
Tim on the Radio Today (for real this time)
Let’s try this again… Tune in to the Weissbach show today at 5:30 PM on AM 570 to hear me (The Tim) discuss the local real estate market with host Peter Weissbach. See Tuesday’s post for a little more info on Weissbach’s program. If you’re at a computer, you can listen online here. Update: If…
NPR: Searching for the "New Normal" in the NW Housing Market
I did a phone interview a few weeks ago with Austin Jenkins, an NPR correspondent down in Olympia, about where the local housing market and economy are heading. Here is the resulting story: The New Normal: What Will The NW Housing Market Look Like? The Northwest economy is on the verge of recovery and with…