A few readers were questioning why I didn’t write up a full post last month on Moody’s forecast that U.S. home prices will rise 7.2% between today and 2014, with prices in Seattle rising 26% and Bremerton shooting up a whopping 45%. Here’s a brief excerpt from the August 3rd Bloomberg article about the forecast:…
Category: News
News, current events, etc.
They’re not making any more land… OR ARE THEY?
Okay, so maybe living in a converted bus isn’t for you. Maybe you want to own some actual land. One theory we’ve all heard over and over for why real estate is always a good long-term investment is that “they’re not making any more land.” As it turns out, “they” may not be making any…
Real Actual Home Staging: Take 1
I spent some time yesterday afternoon browsing some open houses just for kicks—a first for me. While some of the homes I looked at were set up quite nicely (this one in particular—sweet retro styling), others left me wondering: What were they thinking? By “they” I mean both the home seller and the seller’s agent,…
Weekly Twitter Digest (Link Roundup) for 2010-09-11
Interesting point I hadn't thought about before via @ARDELLd: "Do speed bumps lower property values?" http://is.gd/eZduj # Good news, debt-slaves! It's not your fault, Seattle (the 2nd-most endebted city) is "making you overspend!" http://is.gd/f0UXv # Boeing: Just kidding about those new defense jobs in the Seattle area. http://is.gd/f17F8 # RT @mortgageporter: Local agent & alleged…
Is “The Bottom” Always a Good Time to Buy?
NPR ran an interesting segment on Tuesday’s Talk of the Nation: Volatile Housing Market Baffles Homeowners. The subject was the housing market, and host Jennifer Ludden’s guests on the program were Moody’s Chief Economist Mark Zandi and Zillow’s VP Communications Amy Bohutinsky. Their wide-ranging conversation touched on everything from walking away to buying at “the…