This isn’t Seattle-specific (although I did read it in the Times), but it’s a great column that actually manages to make an insightful contrast between the movie It’s a Wonderful Life and today’s housing bubble / mortgage mess: Nowadays, it’s impossible to watch the 1946 holiday movie “It’s a Wonderful Life” and not feel a…
Category: News
News, current events, etc.
Everett Development Bit by Finance Fallout
The still-tightening market for financing real estate is not only taking a bite out of individuals’ ability to buy homes. It’s also starting to affect the ability of large new construction projects to get financing to even begin building. New projects like a waterfront condo complex in Everett. The start of condominium construction on the…
Weekend Local News Roundup
Here’s a roundup of some local real estate stories that came out this weekend. The Times and the P-I give Redfin some free advertising by covering their list of Seven Tactics for Selling Your Home. According to the Times, local builder Quadrant Homes (owned by Weyerhaeuser) is impervious to the housing market slowdown. From the…
Loonie-ness
Posted today over at MSNBC – sometimes viewed as a source of “news”, I found this tidbit. It looks like we’re gonna get bailed out by the Canucks! Phew As loonie surges, Canadians snap up US homes Snowbirds bring checkbooks to grab properties at deep discount CHANDLER, Ariz. – Two hours after his flight landed…
The Human Side of a Condo Conversion
This post is different from the usual fare here, but I think it’s worth taking some time on. I ran across this post in my news alerts. It’s a look at the human consequences that result when affordable apartments are converted into upscale condos. I was very surprised at the time that I first wrote…