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Category: News

News, current events, etc.

KUOW Discusses Seattle’s Real Estate Mess

Posted on May 8, 2009May 8, 2009 by The Tim

Seattle’s local NPR station KUOW ran an interesting segment yesterday morning called Navigating the Current Housing Market. KUOW host Steve Scher has real estate agent / appraiser Richard Hagar and Urban League housing director Linda Taylor in-studio to discuss how we got where we are, and what’s going on right now with real estate in…

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April Reporting Roundup: Pending, Pending, PENDING!

Posted on May 6, 2009June 6, 2009 by The Tim

Time for our monthly check on the local papers (or digital former papers, as the case may be) to see how creatively this month’s NWMLS press release is rehashed. First up, here’s the source material: the NWMLS press release that accompanied yesterday’s numbers: Pending sales in Western Washington rise with improved affordability, buyer incentives Northwest…

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Public Service Announcement: Seattle vs. San Diego

Posted on May 5, 2009May 5, 2009 by The Tim

Seattle, WA King County SFH median price: $363,850 King County SFH new construction median: $465,900 King County SFH + condo median: $335,000 March ’09 Seattle metro area unemployment rate: 8.9% San Diego, CA Central San Diego County SFH resale median: $300,000 Central San Diego County SFH new construction median: $355,000 Central San Diego County SFH…

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Walking Away at Olive8

Posted on May 4, 2009 by The Tim

We made a passing mention of Olive8 pre-sale buyers walking away from their deposits in the condo sales status project post (which is still being compiled, by the way), and a week or so ago the Seattle Times posted a story about buyers at Olive8 and elsewhere walking away. On Saturday local entrepreneur Andy Liu…

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Banks Undercutting Themselves at Courthouse Foreclosure Auctions

Posted on May 2, 2009 by The Tim

This weekend’s open thread touched on one example of a bank bidding nearly 25% less than what it was owed for a foreclosed home at the courthouse auction. Well, our good friend Jillayne Schlicke over at Rain City Guide actually attended a foreclosure auction a week ago, and wrote up an interesting post on this…

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