Here’s a great article from Seattle Times writer Nicole Tsong about young people who apparently value home ownership above all else. Although Seattle-area real estate is more expensive than ever – a tiny studio at the new NoMa Ballard condo building in Seattle, for example, starts at $180,000 – it’s also more attractive than ever…
Category: News
News, current events, etc.
Washington Population Up 120,000
Considering that today is a big holiday and all, hopefully most of my readers are out doing fun things with family and friends, not glued to a computer monitor like… um… I am right now. There are a lot of good stories to talk about, but due to the holiday I’m going to restrict myself…
Seattle Schools Look To Cash Out
The Seattle School District, about to close the doors of a handful of schools has realized that now may be a good time to get in on the real estate action, before it’s too late. Evelyn Tapsak drives past the old Magnolia Elementary nearly every day, and what she sees confounds her — a big…
Signs Of What’s To Come?
Click to enlarge A number of readers pointed out these comments by Bainbridge Island portfolio manager and part-time prophet Carl Haefling (who I admit I’ve never heard of): It takes time for the housing market to fully unravel, we are in the early stages of stage 1. Stage 1 is where the market begins to…
Big Boeing Bonus… Bubble Booster?
Given that the housing bubble is so closely tied to the economy, both on a national and a local scale, I feel compelled to mention the $346,500,000 stock infusion that will soon be distributed among 63,000 Puget Sound residents. If Boeing’s stock ends the day near Thursday’s closing price of $83 a share, employees will…