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Category: News

News, current events, etc.

Slowdown Marches Northward Through Olympia

Posted on April 6, 2006 by The Tim

As I’ve been following the other bubble blogs over the past year or so, it has seemed like the housing slowdown is slowly moving from the south to north and east to west, with our state being at the trailing end of market realities. In the recent months, I’ve seen articles first about slowing in…

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Homebuyers Need More Power

Posted on April 4, 2006 by The Tim

A friend forwarded me this link that he received in an email from his credit union. Can’t afford a home? Fear not, BECU can wave their magic wand and increase your buying power! Is Your Dream House Just Beyond Your Price Range?posted Apr 04, 2006 Home prices have increased tremendously over the past several years….

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Vashon Island’s Affordability Future

Posted on April 3, 2006 by The Tim

A group of developers and community leaders got together last week in Vashon Island to peer into their crystal balls and predict that area’s future… Developer and Vashon Island Chamber of Commerce president Tom Bangasser said at last week’s Vashon Maury Island Community Council meeting, “People who buy property (on Vashon) to develop it because…

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1315 1st Ave Defies Seattle’s Bubble

Posted on April 3, 2006 by The Tim

Here’s an… interesting story about the “tacky little building at 1315 First Ave.“ In the high-stakes game of downtown real estate, the tacky little building at 1315 First Ave. was surely doomed. A group of heavyweight developers, including a billionaire, a wealthy venture capitalist, and a former Seattle mayor, aimed their wrecking ball at Peaches,…

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Workplace Anecdotes

Posted on March 28, 2006 by The Tim

My coworker that is selling his Northgate-area house still hasn’t had any luck. In fact, the home that he originally listed at ~$475,000, then dropped to ~$450,000, has had the price reduced again to ~$425,000. Furthermore, it now shows up as a "new listing," listed in the past seven days. Hmm, interesting. Also, I just…

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