Category: News

Tom Cox, a “prominent Northwest economist” and host of the PBS program “Serious Money,” gives the Northwest a “mostly sunny” economic forecast, but with a notable exception regarding housing: The Northwest will continue to see an influx of people, particularly from California, seeking the region’s relatively well-paid jobs. But don’t expect a steady flow of…

An answer is shaping up to the question of what is going to happen to all the extra revenue that the state has been raking in thanks to the real estate boom/bubble. If Representative Larry Springer has his way, a big chunk of the (presumably) continuing flow of cash from real estate taxes will be…

An anonymous reader sent me the following email: I have to stay anonymous with this. I just got an e-mail from an appraiser that sends in good information to me from time to time. It appears that agents are doing this old trick to manipulate exposure for their listings that are languishing. This means that…

Here’s a blast from the past, courtesy of Tim from Snohomish Co. Real Estate. Source: Seattle Times. Dateline: January 10, 1991. Headline: Falling Home Prices Hit Eastside Hardest: Home prices on the Eastside have slid 12 percent since last summer and are expected to fall that much more before heading back up. The drop from…

Rising housing costs have been steadily leading to higher rents in the Seattle area: After enjoying years of discounts, Seattle-area renters should brace themselves for the thought of opening their wallets a little wider when they see their landlords in 2006. In a trade-off to a rebounding regional economy, apartment rents are expected to rise…