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Category: News

News, current events, etc.

"The Undaunted Spirit" by Lorenzo Ghiglieri

Will a Prolonged Bear Market Slow Seattle Real Estate?

Posted on August 24, 2015August 25, 2015 by The Tim

With stocks being hammered across the world since Friday, the price of oil in the gutter, and volatility through the roof, pundits are starting to get somber about the market’s prospects. If we’re in the beginning of a serious bear market, will Seattle’s crazy real estate market finally start to slow? One of the major…

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July Reporting Roundup: Slowdown / No Slowdown Edition

Posted on August 7, 2015 by The Tim

It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). I waited an extra day because there were only four articles out there about…

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Scammy Real Estate Ads Back in Force

Posted on July 27, 2015July 27, 2015 by The Tim

Here’s yet another sign that we’re back in bubble territory, albeit a strictly anecdotal one. During the last bubble it was nearly impossible to turn on the radio without hearing some form of scammy “riches in flipping” ad during the commercial break. I don’t listen to the radio that often, but in the rare instances…

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Mayor’s Affordability Committee Releases Tepid Growth Recommendations

Posted on July 13, 2015 by The Tim

As a follow-up to this morning’s post about the future of single-family housing in Seattle, here’s the final report from the Mayor’s “Housing Affordability and Livability Advisory Committee”: Seattle Housing Affordability and Livability Agenda (pdf) There are a few relevant portions of the report that address single-family zoning. From page 21 of the report: MF.1…

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June Reporting Roundup: “The balloon is growing”

Posted on July 8, 2015 by The Tim

It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: “First time…

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