Full disclosure: The Tim is employed by Redfin. Last Friday Redfin released their July market data. Here’s an excerpt from the narrative (which I did not write this month): Redfin Capitol Hill Team Lead agent Allie Howard says: “I give the summer of 2011 an “F” for frustration! Sellers are frustrated as prices of comparable…
Poll: Will the DOW finish the year above 10,000?
This poll was active 08.21.2011 through 08.27.2011.
Weekly Twitter Digest (Link Roundup) for 2011-08-20
More talk of ending mortgage interest tax deductions. I'm hopeful but seriously doubtful. http://t.co/c3NUawp # Good thing everyone has been freaking out about the impending rise of interest rates for the last THREE YEARS. http://t.co/eE0qFOe # Holy crap, now THIS is an awesome house: http://t.co/tyJLRxa Belgian water tower converted into home. # Claim: "Home buyers…
Friday Flashback: “The era of record-low rates is over.”
Heh, remember this piece from April of last year? Homebuyers scramble as mortgage rates jump The era of record-low mortgage rates is over. The average rate on a 30-year loan has jumped from about 5 percent to more than 5.3 percent in just the past week. As mortgages get more expensive, more would-be homeowners are…
New King County Econ Blog: Housing is Risky, not Lousy
I received an email yesterday from Tom Goodwin, King County’s Chief Economist, pointing me toward a new blog that he has started to discuss economic issues in King County. The first topic: real estate. In his post, Is a Home a "Lousy" Investment? Tom takes on the recent Wall Street Journal piece A Home Is…