Category: News

Remember the late 90’s? Remember all the money that was being thrown around at virtually anyone who could use a computer and form a complete sentence? Well the 90’s are over. Now you have to do more than form a complete sentence and use a computer to get millions of dollars in funding for your…

Here’s one just for laughs. Have a look at the real estate market from the top. Way up at the top—$40,000,000 on Mercer Island: It’s the ultimate trophy property: a five-bedroom, Mediterranean-style lakefront home on Mercer Island where your neighbors include Paul Allen and Mike Holmgren. Asking price: $40 million. Time on market: 15 months…

Sorry, I’ve been a bit behind lately. I’m changing jobs in two weeks, so I’ve been busy at work trying to finish my projects and such. Let’s start off my catch-up with an article from the Spokane Spokesman-Review that takes a look at state finances and low-income housing: State analysts estimate that more than half…

The Seattle P-I and the Eastside Business Monthly both take a look at the newly-released NWMLS report on 2005. The reports are full of the usual ra-ra real estate talk: “In the past, the market has absorbed home price increases with household income growth,” said J. Lennox Scott, chairman and chief executive of John L….

We’re always looking at the MLS numbers and interest rates, but what are some other signs that we can keep our eyes on locally to get a feel for the direction of the housing market? The hiring/layoff trends of certain industries are a good thing to watch. I received an interesting email from a reader…