Here’s a flashback from June 2007, courtesy of Forbes: Most Resilient U.S. Real Estate Markets When it comes to real estate, the questions on everyone’s lips are: How low is low, and when’s the perfect time to buy back in? That moment has passed in Seattle and Charlotte—both metros hit bottom in the first quarter…
Foreclosures Dip Just a Bit in April
It’s time once again to expand on our preview of foreclosure activity with a more detailed look at April’s stats in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: April 2011 King: 912 NTS, down 30% YOY Snohomish: 547 NTS, down 15% YOY Pierce: 602 NTS, down 18% YOY The…
Reader Question: Investing in a Rental Condo
I received the following question from a reader via email, and thought it would make an interesting discussion topic: I’m a long time Seattle resident who moved to Asia due to work assignment in 2007. Separately from the money we are saving to buy a home to live in when we return, we have a…
Financial Revival Group Revisited
A word from The Tim: This post is from another long-time Seattle Bubble participant: Jillayne Schlicke, real estate educator through her company CE Forward. Many thanks to Jillayne for writing this in-depth follow up! The Tim asked me to write a follow up blog post about my meeting with Howard Bono, owner of The Financial…
Financial Closing Strategy: Is there a better time of month to close on a refinance?
A word from The Tim: This post is from long-time Seattle Bubble participant Tim Kane (a.k.a. “S-Crow”). As co-owner of Legacy Escrow in Everett, Tim brings a unique perspective on the closing table. Timing Closing? One question that frequently comes up when meeting with clients to sign loan documents is the question of “timing.” Is…