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Category: Uncategorized

Housing Vs. Wages In Snohomish County

Posted on February 12, 2006 by The Tim

Here’s an article that goes into some detail on the subject of how much faster than wages housing prices have been rising, specifically in Snohomish County. The rapid rate of increase the last two years has raised eyebrows in the industry, Hokanson said. “Any time we get into double digits, we’re a little bit concerned.”…

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Plentiful Parking To Blame For Seattle’s Bubble?

Posted on February 8, 2006 by The Tim

Here’s an interesting tidbit from a mostly unrelated article (about getting people out of cars) in today’s Seattle P-I: Last March, Mayor Greg Nickels announced plans to reduce the number of parking spaces housing developers will need to provide in the Capitol Hill, First Hill, Pike-Pine and University District neighborhoods. The city’s Department of Planning…

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Vulcan Plans Affordable Housing

Posted on February 5, 2006 by The Tim

Well, it seems that even if you’re the seventh-richest man on Earth your money can’t buy you a well-officiated Super Bowl. But can it make a dent in downtown Seattle’s affordability for the working class? Paul Allen’s Vulcan, Inc. intends to at least try. Vulcan Inc. unveiled plans Monday to build affordable housing in South…

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Affordable Housing Just 3 Hours Away

Posted on February 2, 2006 by The Tim

Good news everyone! Affordable housing can be found with just a short three hour drive east of Seattle! Grant County sports housing that is truly affordable, in fact the “most affordable” of all the counties listed by NWMLS. Thanks to what a real estate research director calls surprisingly low median home prices, the county tops…

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King County: Prices Up, Wages Down

Posted on February 1, 2006 by The Tim

Thanks to the reader that pointed out the story on CNN regarding the recently released statistics on wages. Real wages are not exactly going through the roof. For the 24-month period through the second quarter of 2005, the inflation-adjusted wages of an average American grew just 1 percent or so, according to statistics reported by…

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