Category: Uncategorized

The King County Journal takes a look in a pair of stories today at the arbitrary big round number $1,000,000 and how much house it buys in the Seattle area these days. County records show a little over 4,600 homes in King County with an assessed value of at least $1 million. That’s better than…

Here’s yet another story for you with the premise that Seattle is not in a bubble at all. This one comes courtesy of the Seattle P-I. Home prices in some parts of the country might be primed for a decline, putting a drag on the nation’s economy, but Seattle apparently could avoid the problem of…

The Seattle P-I chimes in today with another story of the local housing bubble’s windfall tax revenues for local governments. Specifically, this story is about the city of Seattle. Everybody’s talking about Seattle’s red-hot housing market. People who want to buy in, people who want to cash out and people who are getting rich off…

Today’s Seattle Times has this story on the builders vs. city battle going on in Sammamish. Since incorporating in 1999, [Sammamish] city officials have scrambled to stem the tide of new housing projects by passing growth moratoriums. The last one expired in August and was replaced by a new “growth metering” ordinance — the first…

CNN/Money provides a short interview with a professor who claims that his study shows that home prices in many of America’s cities, including Seattle, are perfectly in line with history. Are home values in America’s biggest cities out of whack with the rest of the country? Chris Mayer, a finance and economics professor who heads…