Category: News

While most home “owners” are nothing less than thrilled about skyrocketing real estate prices, mobile home owners are having the land sold out from under them as land owners cash in on Seattle’s bubble. Our state is facing a mobile home space crisis. Exploding real estate prices are making the land too valuable for this…

Here’s an insightful headline from The Olympian: Renting may be better for first-time buyers. Yes, that’s “may be better.” Heh. Is it better to rent than to own, particularly as the median price of a home in Thurston County keeps climbing and now approaches $250,000? Renting offers the advantage of flexibility and a landlord who…

Another local mortgage firm has been shrinking lately. Mortgage Investment Lending Associates, Inc.’s staff has shrunk by roughly 17% since January. Rising mortgage rates and the slowing housing market nationwide have caught up with Mortgage Investment Lending Associates Inc., which has reigned as one of the region’s fastest-growing companies. Better known simply as MILA, the…

Here’s a good one to chew on. Is Seattle’s housing market poised to become as ridiculous and unlivable as San Francisco? Could be… The ripples of San Francisco’s housing crisis don’t stop at the city limits. When the working poor — receptionists, day care providers, retail salespeople and housekeepers, for example — flee the city,…

The Washington Center for Real Estate Research at Washington State University recently released a study on housing affordability across our State, and the results were decidedly unsurprising. The Tacoma News-Tribune reports on the study in the classic “good news / bad news” style: Pierce County scored 104 on WSU’s Housing Affordability Index, where 100 is…