[Note: This is an opinion piece on a political matter. If that sort of thing offends you, it is recommended that you skip this post.] Christine Gregoire, January 2008: “The only thing we have to fear is fear itself,” Gregoire said, quoting former President Franklin Roosevelt and referring to national recession fears. “It is a…
Category: News
News, current events, etc.
Housing ATM: We Have a Winner
I was digging around in the Snohomish County public records and I came across this interesting property history. Original purchase price is unknown, but records indicate that the serial refinancer owned the property since at least 1976. Date Document Amount 03.01.2002 Deed of Trust $12,528 03.07.2002 Deed of Trust $82,787 06.21.2002 Deed of Trust $17,973…
Weekly Twitter Digest (Link Roundup) for 2010-02-06
Banks continuing construction in developments foreclosed from builders – http://is.gd/7rltV # Escala, condo complex that announced higher prices as the bubble burst now dropping prices http://is.gd/7smaa (3rd story) # Glenn Kelman, Redfin CEO: "people don't trust agents" (still) (via @TechFlash) http://is.gd/7txkn # Reader asks in the Seattle Bubble forums: "Is Belltown safe TODAY?" http://is.gd/7vOyN #…
Reporting Roundup: Mixed Messages Around the Sound
Time for the monthly reporting roundup, where I read all the local paper rehashes of the NWMLS press release so you don’t have to. Here’s a link to this month’s NWMLS press release: Northwest MLS members report 28 percent increase in pending sales from year ago “More certainty” and “more stability” in the market contributed…
Escala Condos’ Shocking Price Strategy Timeline
April 2008: Raising Prices to Entice Buyers—wait, what? (Awesome plan, Escala!) Developer Lexas Cos. said this week that on June 5 it will raise the asking prices 3 to 7 percent for about 70 unsold units that have been on the market since last spring. Another 22 units that will be released for sale May…