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Category: News

News, current events, etc.

News Quickie: Government Revenues Sagging

Posted on October 16, 2007January 22, 2010 by The Tim

Remember that slowdown in state revenues that we were warned about by our state’s chief economist ChangMook Sohn last year? Well guess what? It’s here! Washington’s construction industry continues to expand, but real estate tax collections are $18 million below expected levels. The state Revenue Forecast Council says taxable real estate activity in the past…

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A request for clarity.

Posted on October 10, 2007January 18, 2010 by S-Crow

Rather than place a lengthy remark, I thought I’d place it as a post. Hope you don’t mind. I’m going to type as I think, so I get a free pass on typo’s. Regarding the Steve Tytler’s Everett Herald piece: Steve & fellow bubble believers, In the spirit of your article, I don’t disagree with…

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September Reporting Roundup: Let the Games Begin

Posted on October 7, 2007October 9, 2009 by The Tim

Okay, the biggest real story this month: plummeting sales, resulting in a record-high “months of supply.” The fake story: dropping median prices—which is most likely at least partly an illusion (so far), which can be largely attributed to… you guessed it: the plummeting sales. Let’s see what the news outlets chose to focus on… There…

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For Only $1.5 Million…

Posted on October 4, 2007February 1, 2010 by The Tim

If I had a million (and a half) dollars, I’d buy you a house… But what kind of house? Would you rather have a “phenomenal location & nearly total renovation” on Queen Anne: Click to view listing …Or a 16-building, 45,000 square foot former missile complex on (under) 57 acres in Eastern Washington: Click to…

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Depends on what the meaning of “stable” is…

Posted on October 3, 2007January 18, 2010 by The Tim

Forbes just loves to frame their articles around lists. You may recall Seattle showing up frequently on previous such real-estate-related lists, such as Best Places to Flip a Home (#1), Richest Cities In The U.S. (#8), Best Cities For Jobs (#34), and Most Overpriced Places In The U.S. 2005 (#1). Well, lucky us, we made…

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