Time 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. Here’s a link to this month’s NWMLS press release (although it still isn’t live yet, it should appear here): Brokers cite tax credit and rising consumer confidence…
Category: News
News, current events, etc.
Weekly Twitter Digest (Link Roundup) for 2010-05-01
Another housing shortage is right around the corner… or not. http://is.gd/bIFUf # Commercial real estate is "still a significant drag on the [Seattle] economy" http://is.gd/bIHpj via @JonTalton # Luxury homes not selling well in the South Sound http://is.gd/bIHu7 # RT @KirstenGrind: Shares of #Frontier Financial skyrocket Monday, possibly because of traders betting it might fail:…
Shifty LLC + Shoddly Construction = 82 Owners Up a Creek
A reader emailed me a few weeks ago with a very interesting story, but I was unable to take the time to write up a properly-researched post. Mish has picked up the slack, and has the scoop on the likely mass default of the entire 82-unit Riverwalk condo complex in Redmond. It turns out the…
Weekly Twitter Digest (Link Roundup) for 2010-04-24
Not surprising, but still disappointing – McGuire to be deconstructed rather than imploded. http://is.gd/bzA9r # Flip this town – NE WA town sells for $360k. http://is.gd/bzKsg # AP: "Renters will save $1,000+ a month in metro areas such as LA, Seattle, San Diego, San Fran, & San Jose" http://is.gd/bzLq5 # Ouch! RT @KirstenGrind: #Frontier Financial…
Oh Boy, Let’s Visit the Buy vs Rent Argument Again
There has been a bit of talk in the last few days about a New York Times story published on Tuesday that once again revisits the subject of buying vs. renting: In Sour Home Market, Buying Often Beats Renting In some once bubbly markets, prices have fallen so far that buying a home appears to…