Let’s have a little fun on a Friday. How about a thread dedicated to sharing the most ridiculous real estate related item you’ve seen this week. An anonymous commenter yesterday made a good contribution with MLS# 26089900 which urges the potential victim buyer to "Take advantage of the Ballard Craze now," by putting in "lots…
Category: News
News, current events, etc.
3 Years, 50% Appreciation
Here’s another story pointed out by a reader. If only I had millions to sink into an apartment complex three years ago, I could have $6 million more now! What difference can three years make in terms of rising real estate values? In the case of Country Glen Apartments in Kent, which recently changed owners…
Seattle "Buffered From Cooling Trends"
A number of readers pointed out USA Today’s “Close to home” profile of the Seattle residential real estate market. There’s not a lot of substance to it, and this quote is almost the entire text: Seattle’s strict growth- management policies and an economic rebound are buffering the region’s real estate market from cooling trends. The…
"Inventory is having an impact on prices"
It looks like the "spring selling season" didn’t pull Olympia out of its slump: This year’s larger inventory of South Sound homes for sale might be keeping homes on the market longer and slowing prices down. For the past four months, it has taken longer for homes to sell compared with last year. And for…
Ask The So-Called Expert
Spotted this one over at Ben Jones’ wonderful Housing Bubble Blog: Question: I’m remodeling a rental home that I plan to sell, but I’m worried that the housing market might go bust before I finish the renovations. Someone suggested I put it on the market before it’s finished, but I’m not sure this is a…