Category: News

Most readers of this blog know that renting versus owning right now is almost a no-brainer, and buying real estate in order to rent it out right now is just plain foolish. Now, I haven’t been following the commercial real estate market as closely as residential, but I would have a hard time believing that…

Is the Seattle real estate market “cyclic,” “linear,” or “hybrid”? According to the analyst of the day, Seattle is a “hybrid market.” Could the real estate action be shifting to the heartland, the vast swath of middle America that wasn’t really touched by the hyperinflationary housing boom? That’s what a new statistical analysis of housing…

Here’s a delightful story for everyone out there that’s cheering on huge “price gains” in real estate and rooting for rents to climb. The King County Housing Authority, which recently reopened its waiting list for rental assistance for poor residents, received 11,778 applications in a two-week period — an all-time high for the agency. That…

Check out the listing description for a condo in Redmond, listed at $165,000: nice clean spacious condo w/territorial view, lots of storage, assigned parking in garage. located near public parking and shopping. gated community w/lots of amenities. new plumbing, new elevator. wont last long at this price. Setting aside the author’s apparent disdain for the…

More mortgage job losses for Washington State: Washington Mutual Inc., the nation’s largest savings and loan, notified 1,400 workers in Washington and Florida on Tuesday that they will lose their jobs as part of the company’s cost-saving strategy. About 850 workers at the company’s call center in the Seattle suburb of Canyon Park were told…