Have you noticed how touchy some people can be when it comes to discussing the subject of whether homes are overpriced or not? It’s almost gotten as bad as politics. For the best/worst example of this, head over to the Craigslist housing forum (if you dare). I read it occasionally, but honestly not very often,…
Category: News
News, current events, etc.
Seattle: Smug, Arrogant, Delusional?
The Seattle P-I Virtual Editorial Board highlighted an excellent comment to an editorial about the $1.6 billion tax package. A reader going by the handle "Face Reality" made the following insightful observations: Seattle has no coherent "tax plan": Or finance, revenue, fiscal or spending plans for that matter. It hasn’t for over 20 years. A…
Conflicting Reports On Luxury Homes
Depending on who you want to listen to, the luxury home scene is either a stagnant buyers market or it is trending upward. The Seattle Times reports on the small number of buyers relative to million-dollar-plus listings. There are dozens of grand homes — daresay mansions — such as the Westwold in Snohomish County. Yet…
Shocking: Tax Assessments Continue Climb
I hope you’re sitting down, because you’re in for a shock. Get this… when "hot, hot, hot" home prices "soar" "sizzle" and make "huge gains," tax assessments that do the same aren’t far behind! I know—who would have thought! Linda Peterson’s 1,200-square-foot rambler in Monroe has the same avocado-colored sinks it had when she bought…
Zillow Releases Market Report, P-I Swoons
Enjoy this puff piece from today’s Seattle P-I about the latest report from Zillow on Seattle’s “impressive” real estate market. A steady stream of potential buyers flowed through a big Craftsman house a couple of blocks from Green Lake on Sunday, apparently undeterred by its $695,000 asking price. The house went on the market Aug….