It would be a bit of a stretch to try to relate this directly to a housing bubble, but I found it amusing enough to at least warrant a mention here. It’s a story about a subdivision that was intelligently placed directly underneath a high powered radio antenna. Sumner homeowners living close to a radio…
Category: News
News, current events, etc.
Bainbridge Realtor Predicts "Even Sharper Rise"
As if to offset the words of a local economist in a separate story by the same reporter, here come the predictions of a realtor on what 2006 holds for Bainbridge Island real estate: While the national housing market is showing signs of slowing down after a fast-paced year, the Bainbridge market is still picking…
Northwest Economist: "Slow Deflation" Coming
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…
State RE Spending Proposed
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…
Stale Listings Increasingly Cancelled/Relisted?
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…