Category: News

What’s the solution to ridiculously high home prices in Seattle? Why, government programs, of course! Some programs available here max out annually but others remain untapped, leaving thousands of dollars in assistance available to people earning as much as 80 percent of the $72,000 median household income in the Seattle metropolitan area. That currently translates…

Is downtown Seattle destined to become populated with nothing but luxury condos and low-income housing? If taxes and fees for building downtown keep going up, some see that as Seattle’s future. As the Seattle City Council prepares to vote on reshaping downtown Seattle with taller buildings, a heated debate remains over how much residential developers…

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…