Category: Uncategorized

It seems that the nature of October’s numbers depends on who you ask. The Puget Sound Business Journal sees a slight weakening in the bubble’s armor: With the first three quarters of the year resulting in some of the hottest residential real estate trends ever, the housing market in Western Washington saw a slight shift…

October sales data is in for Thurston County, and prices just continue to soar, posting a 34 percent year-on-year gain: The October median price of just under $250,000 is the latest in a series of consecutive monthly record highs. The $249,900 figure was 34 percent higher than last year’s $186,000, and was almost $14,000 more…

A reader sent in this link to a Forbes story about the “Richest” cities in the US. In Forbes’ list of the 10 “richest” Seattle comes in at #8. However, I’m a bit suspicious of their methods though, since they list the Median Income of Seattle as $46,650, when the latest figures I’ve seen for…

If you own property right now that you bought before the latest surge in prices, is now the time to cash out? That’s the question that this article tackles, starting with an example of a local couple who did just that. For Joan and Mike Whitney of Snohomish, Wash., outside Seattle, moving wasn’t in the…

As has been pointed out on this blog in the past, it isn’t just the personal residential real estate market that’s in bubble territory in Seattle. Huge corporations have been buying and selling entire apartment complexes at record rates, resulting in (of course) dramatically increasing prices: For anybody who’s lost a bidding war for a…