I received the following email yesterday from someone with KUOW—Seattle’s local NPR outlet: KUOW reporter Deborah Wang is working on a story about the commercial real estate and condo markets. Hearing from people in your world would be huge to us. I’ve built a question form for the web that reflects what Deborah is pursuing….
Foreclosure Flipping Scam Spam
The foreclosure scammers are out in force, and they’re coming at the “opportunity” from all angles. Not only are there unscrupulous people out there trying to dupe struggling home debtors out of their money, but now even the financially stable (homeowners or not) are apparently becoming targets. Check out this spam I recently received: From:…
Cheapest Seattle Homes: June Edition
Let’s check in again on the cheapest homes around Seattle proper. Ideally this should be a monthly series, but somehow it was overlooked last month. For methodology and a brief explanation of the reasoning behind this series, hit the April post. Please note: These posts should not be construed to be an advertisement or endorsement…
What does Personal Income tell us about near future home prices?
There have been a couple of discussions in the comments section in the last week or so about the relationship between home prices and incomes. I thought it would be a good time to queue up a post about the long-term price-to-income trends, where we are now, and what the possible outcomes could be. The…
NWMLS: Mark Any Accepted Offer on a Short Sale as “Pending”
Kevin Lisota of Findwell sent me a heads up about a rule clarification sent out today by the NWMLS to all their members: Short Sales: Status Change Required after Mutual Acceptance Rule 120 (b) requires the listing office to timely report the mutual acceptance of a purchase and sale agreement for a short sale as…