There were a couple of stories in the Seattle Times over the weekend pertaining to the health of the local economy. The first was an article on the commercial real estate market, highlighting a forecast for falling rents. Commercial real-estate brokers James Keating and Sean Barnes have one word of advice for their clients looking…
Category: News
News, current events, etc.
Today’s Slow Market “Is a Different Animal”
From an article on home staging in the Puget Sound Business Journal: For [Seattle home stager Jan] Sewell, who is also a Realtor with Windermere Real Estate and owner of her staging business since 1997, today’s market is unlike anything she has ever experienced. “I have been through a couple of slow markets in Seattle…
Forbes: Seattle 5th Best Market to Invest In
Believe it or not, Matt Woolsey is still writing bullish real estate pieces for Forbes (some of his previous work). His latest gem: Top U.S. Real Estate Markets For Investment Encouraged by a weak dollar and a belief in the resiliency of the U.S. economy, individuals like [Australian dentist Rahul] Reddy, along with institutional investors…
Foreclosures Still Rising Locally
Foreclosures are still on the rise in Washington State and in the Seattle area, according to the Seattle Times. Washington state foreclosure filings were up 69 percent last month compared with the previous June and up almost 10 percent from May, as the mortgage meltdown continues despite government and private efforts to help struggling homeowners….
Localism – Hyper Local Real Estate Sales Pitches
ActiveRain, a site that describes itself as “a free online community for real estate professionals designed to help them promote and grow their business,” has launched a new site called Localism. Localism describes itself as the “world’s most complete neighborpedia,” and the front page invites users to “Go Hyper Local!” It is the latest entrant…