My car is so great. It has a built-in CD player, a driver’s seat with four independent adjustments, a tasteful spoiler, a spacious trunk, climate control, a powered sunroof, and gets over 30 miles to the gallon. It’s comfortable, good-looking, and fun to drive. My car is comparable to a BMW or a Lexus, and…
Category: News
News, current events, etc.
Seattle Bubble Concedes Defeat
Well everyone, it’s been a fun couple of years, but the time has finally come for Seattle Bubble to throw in the towel. Paul Campbell, Some rights reserved. We’ve analyzed the local market from every conceivable direction, explained all the logical reasons why today’s Seattle home prices are not sustainable, watched the national housing market…
Office space in Snohomish Co. 17-18% vacant, Industrial good.
Speaking of small business creating jobs: Snohomish Co. office space is currently showing vacancy at about 18%. In Lynnwood, the office vacancy rate is approximately 25-30%. Industrial space (read: Boeing & suppliers) appears firm. Office space, meanwhile, remains harder to fill. Cushman & Wakefield and Colliers International commercial property firms reported that 17 to 18…
Spot the Fundamentals
Let’s play a game. It’s called “Spot the Fundamentals,” and the way we play it is by looking at some of the “fundamentals” to figure out which ones are responsible for our area’s high home prices. The frequent condescending argument of the cadre of Seattle area housing bulls (real estate agents, “analysts,” the press, and…
Condomania in Everett!
Better be careful the next time you drive through Everett, you’re likely to get burned, the condo market there is so hot! On paper at least, downtown Everett is poised for explosive growth. Nearly 800 new downtown condos and apartments are in various stages of planning. There’s a good chance some of the projects scattered…