Yo ho, mateys. This be a fairly long article from the weekend, but considerin’ that it be about Seattle’s smartness ‘n high tech jobs, I be findin’ it worthy of postin’ here.</pirate> A once-proud hub of innovation left to languish as brilliant people, new ideas and dazzling products bubble up elsewhere. An urban wasteland that’s…
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How people do it
Meshugy presents good facts on recent sales. Other bloggers have asked me about financing statistics. Let’s take some of Meshugy’s recent sales and find out how people are financing the home purchases. This will shed light on the fuel that drives this market. Money. My opinion is that if people did have a significant down…
Drive By Commenting
I just love it when random people drop by this blog and get the feeling that they need to set me straight. Here’s a recent example of this phenomenon that I found particularly amusing. The discssion (sic) is really lame for those who have a choice between buying a home or renting a home. For…
Inman Weighs In On Latest Washington Stats
Even Inman News is having a hard time denying the Nortwest’s housing slowdown (link becomes subscription-only after today): Home sales in western Washington declined for the sixth straight month in August amid surging inventory, while home prices maintained double-digit annual growth, according to the latest report from the Northwest Multiple Listing Service.…In Pierce County, the…
P-I August Numbers Pre-Report Report
It looks like the local rags are finally going to get around to reporting on the August NWMLS figures. In preparation, the P-I is already practicing their anti-bubble spin with the pre-report report. Real estate experts expect to see slowing sales and price gains and increased inventory, but nothing resembling a bursting bubble, when the…