"…a bigger problem may turn out to be the millions of Americans who are still faithfully paying their mortgages…" http://lat.ms/bNJ01e # Oh my. Read this. http://bit.ly/9EPfa7 The really great part is in paragraph 5. "Our attractive professional signs…" # via @PSBJ – First credit union shut down in state http://bit.ly/aLAUJB # Interesting story behind a…
October Reporting Roundup: Sinking Ship Edition
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). First up, let’s have a look at the source material from the NWMLS itself….
NWMLS: Sales Still Down Big YOY, Prices Falling Too
October market stats have been published by the NWMLS. Here’s their press release: Housing Activity Remained Sluggish During October; Market Change Not Likely to be "Light Switch" Moment. Housing activity around Washington state remained lackluster during October, with brokers reporting year-over-year declines in pending sales. On a brighter note, prices on sales that closed last…
Reader Question: Break the Lease, or Find a New Renter?
A reader asked a somewhat offbeat question a couple weeks ago that I think merits some futher discussion. My husband and I are leaving the state for work in the midwest. In April we moved into a underpriced rental house and signed a lease until June 2011 thinking that if we leave the owner would…
Cheapest Homes: November Edition
Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This…