It’s not often that I actually laugh out loud at a news headline, but congratulations to Elizabeth Rhodes, who actually achieved that with the gem “Local homes: Investments that just keep getting hotter.” Forget your home being your castle. Thanks to surging local home prices, your home is now your portfolio. How so? After giving…
Category: News
News, current events, etc.
Home Ownership Above All Else
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…
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…