Seattle got a little bit of attention in a recent Wall Street Journal story titled Housing Slump Starts to Hit Stronger Cities: It’s getting harder to hide from the housing bust. Tight credit, fragile consumer confidence and a weakening economy are slowing sales and depressing prices even in some places — such as the Pacific…
Category: News
News, current events, etc.
HouseValues CFO Jumps Ship
HouseValues, a locally-based online real estate agent lead generator has been swirling the drain since the national real estate market first started slowing down last year. They were in the news again yesterday, as their CFO jumped ship. For the second time in a year, Kirkland-based HouseValues is restructuring its executive team and laying off…
2007 Not as Rosy as NWMLS Claims
The TV and radio news stations are all blathering yesterday and today about the 2007 year in review report put out by the NWMLS. Most of the reporting is similar to what you can see at the Seattle Times, where they printed a short, unattributed blurb that basically parrots the positive spin put out by…
30 yr. fixed under 5%
I’m seeing 30 yr fixed rates under 5%. If you are considering refinancing, please contact your loan officer. If you are considering a purchase, contact your agent. It is impossible to know how long these rates will remain this low. If you need resources, please let me know off-line. (tim@legacyescrow.net) S-Crow
Huge Property Tax Increase, or Easier Dispute Process?
Haven’t seen this one mentioned on the other local real estate blogs, but it’s definitely of interest to anyone out there that already owns a home (or a home loan, as the case may be). Depending on who you believe, a new bill floating around down in Olympia may either help home owners reduce their…