A few days ago I got an email from a reporter named Luck Mullins from US News & World Report, telling me about his new housing blog: The Home Front. Then yesterday, a story pops up on his blog specifically about Seattle. Looks like someone really wants to get our attention for some reason. Here’s…
Category: News
News, current events, etc.
Amazon Open House at Vulcan
Regarding last night’s Amazon-only Vulcan open house, a reader wrote: I work for Amazon and just got back from Vulcan’s exclusive Amazonian-oriented event. They’re offering $5,000 incentives for those of us who want to work just a SLUT stop away from home. The excitement was not palpable, though the beer and wine were free. According…
NYT: “Even the Strong Are Weakening”
The Seattle-area housing market gets some national attention in an article in today’s New York Times: While Wall Street is growing hopeful that the economy might dodge a recession, many economists warn that the pain in the housing market may last for several years. Even local markets like Seattle, which once seemed immune to the…
Seattle’s Condo Market: Where are the buyers?
It’s official: The Seattle condo market has hit finally a wall. Here’s a little article from the Puget Sound Business Journal on Friday that goes into all the details: With more than 400 condominiums under construction in a faltering housing market, Seattle-based Vulcan Real Estate has decided to sweeten the deal for potential home buyers….
Gas Prices & Home Buying
With gas prices passing another big round number lately, there’s been a fair amount of talk about how the high price of fuel is affecting people’s daily lives. When it comes to the real estate market, common knowledge says that higher gas prices will hit home prices in the suburbs and exurbs, while helping to…