Category: Uncategorized

A group of developers and community leaders got together last week in Vashon Island to peer into their crystal balls and predict that area’s future… Developer and Vashon Island Chamber of Commerce president Tom Bangasser said at last week’s Vashon Maury Island Community Council meeting, “People who buy property (on Vashon) to develop it because…

Here’s an… interesting story about the “tacky little building at 1315 First Ave.“ In the high-stakes game of downtown real estate, the tacky little building at 1315 First Ave. was surely doomed. A group of heavyweight developers, including a billionaire, a wealthy venture capitalist, and a former Seattle mayor, aimed their wrecking ball at Peaches,…

My coworker that is selling his Northgate-area house still hasn’t had any luck. In fact, the home that he originally listed at ~$475,000, then dropped to ~$450,000, has had the price reduced again to ~$425,000. Furthermore, it now shows up as a "new listing," listed in the past seven days. Hmm, interesting. Also, I just…

It’s getting more and more expensive—twice as fast as the national average—to live around the Puget Sound: Consumer prices in the Puget Sound area increased 1.3 percent over January and February – almost double the rate of inflation nationally. Housing prices, up 2.4 percent, led the increases in the Tacoma-Bremerton-Seattle area, the Labor Department reported…

In a column in yesterday’s Olympian, an investment advisor gave some advice that I suspect is followed by very few people in the Seattle area: Avoid being ‘house poor’ due to high payments While there are some rules of thumb by which lenders gauge the reasonableness of your housing costs, the valuation of your property…