Interesting article in the New York Times yesterday: In Suburban Seattle, New Nests for China’s Rich …increasingly, China’s rich are also offshoring their families along with their cash. That’s created a real estate boom in an unlikely corner of the United States: suburban Seattle. Wealthy Chinese have become far and away the biggest foreign buyers…
Category: News
News, current events, etc.
August Reporting Roundup: No Call For Alarm Edition
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Western Washington…
July Reporting Roundup: Totally Not Another Bubble Edition
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Western Washington…
Zillow + Trulia = Love Forever
After swirling rumors and speculation last week, it is now official: Zillow and Trulia announced this morning that they will merge. Trulia shareholders will get 0.444 shares of Zillow stock (Z) for every share of Trulia stock (TRLA), making the deal worth $3.5 billion at today’s prices. I’ve never been much of a fan of…
June Reporting Roundup: Affirmations Edition
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: No Summer…