Last week on the Twitter feed I linked to a post that my friend Lennox Scott put up on his blog titled First Time Buyers Are Key To Housing Market Recovery. Here’s a brief excerpt: In my travels around the country everyone wants to know what I think it will take to get the housing…
Poll: Homebuyers: How long have you been looking for a home to buy?
This poll was active 11.21.2010 through 11.27.2010.
Weekly Twitter Digest (Link Roundup) for 2010-11-20
via @SeattleTimes – Downtown buildings' owner misses loan's $154M balloon payment http://bit.ly/aA2dfk # Research I did @Redfin shows that banks have not slowed their pace of listing REOs on the market: http://on.wsj.com/9L6pNT # Am I the only one who finds this headline to be hilarious? "Mortgage rates jump to 4.39%" http://bit.ly/cAHXuc # via @SeattleTimes –…
Friday Flashback: “Four offers instead of six”
Here are a few excerpts from an amusing series of radio reports that aired on KIRO in August 2005, the same month I started Seattle Bubble. Conway: “We’re growing twice as fast as the nation, and that-that will certainly act as a buffer. If we-if we do see a downturn in the housing market, it…
Is 1998 Price + Inflation a Fair Home Valuation Method?
Yesterday TheHulk brought up an interesting idea in the comments: Whenever I look at listings online, for older houses (aka houses built before 2000), in my mind I make up a figure on what that house price should be today. My stupid back-of-the-envelope calculation is as follows: Current price – 500K Last Sold – 250K…