Good comment from Jonness on this week’s poll: Personally, I would not feel comfortable leveraging into a $360K loan on a $100K income at a time where a significant risk of price declines exists. But, apparently many people have no problem with this. From what I’ve read, many people actually consider 28% of gross annual…
Poll: If your household income were $100,000, how expensive a home would you be comfortable buying?
This poll was active 11.27.2011 through 12.10.2011.
Weekly Twitter Digest (Link Roundup) for 2011-11-26
Shares of @zillow drop 13% in one day as insiders cash out. 30-day avg. volume: 97k Today: 756k http://t.co/2iLCFvxO # RT @seattletimes: Former execs of Bremerton-based bank sued by FDIC over loans http://t.co/sJoT0N1W # Prediction: "Puget Sound will have Japan-like density in 2040" http://t.co/3aHBKXEh via @realestatepi # "Vintage apartment building on First Hill sells at…
Happy Thanksgiving!
Happy Thanksgiving everybody. I’m thankful for yet another year in which this sign I photographed in 2006 is shown to be the ridiculous drivel that it is. Have a great day with your family, friends, pets, internets, or whoever / whatever you choose to spend the day with.
Home Sale Up Because of Declining Prices
A series of very similar headlines caught my attention today: Wall Street Journal: Home Sales Climb But Prices Decline CBS News: Home sales up, but housing prices continue to fall nationwide The Real Deal: U.S. existing home sales rise slightly, but prices fall Chicago Tribune: Local existing home sales up double-digits in October, but prices…