A reader emailed me to inquire about the Lumen Condos auction that is currently being advertised on our sidebar, asking whether there are any “catches” or “gotchas” that aren’t easy to spot. Auctions like this usually have a few things that might be described as “gotchas.” Here are a few things to look out for:…
Revisiting Jim Cramer’s 2007 Prediction for Seattle Real Estate
Jim Cramer, September 2007: Don’t you dare buy a home now. You will lose money. [Real estate agents complain, insist that real estate is regional, and there are some places where it is a good time to buy. Cramer responds…] Seattle, and 10005 are the only two. Maybe Montgomery County in Maryland. Three. That’s it….
News Brief: Local Unemployment Rate Resumes Climb
Just a quick update on the unemployment rate. According to data from the Washington State Employment Security Department, both statewide and King County unemployment have resumed their rise, pushing close to double-digits: After dropping from 7.9% to 7.0% from March to April, King County’s unemployment rate shot up a full point to (barely) reach a…
How-To Sell Your Home: Deep Clean to Make Your House Shine
A few weeks ago we kicked off a new series: How-To: Sell Your Home in a Down Market with an overview of the important factors that home sellers must address if they want to succeed in selling their homes in today’s market: Pricing Marketing Cleaning Extras Rather than tackling these in the above order of…
Poll: NBER will declare the current recession to have ended sometime in 2009.
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 06.20.2009.