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Reader Negotiates 25% Rent Discount from Equity Residential
I received this rental negotiation success story from a reader via email, and thought it was worth sharing: As a long time reader of your Seattle Bubble Blog, I knew that rents on their way down in King county. My Equity Residential owned apartment building in Redmond has experienced some huge increases in recent years,…
The Biggest Real Estate Scam Of All Time
A reader sent me this excerpt from the Fraud Examiners Manual (2006 edition), published by the Association of Certified Fraud Examiners: Real Estate Real estate scams are easily recognized. There is almost always an element of time pressure, with the victims being convinced they are participating in a “once-in-a-lifetime, now-or-never” deal. The investors are led…
March Neighborhoods Months of Supply Update
[Note: Stay tuned to this space next month, when we’ll be introducing another round of sweet Tableau charts.] Here’s your look at March’s “Months of Supply” for the 30 NWMLS areas in King County. For an explanation of what months of supply means, please refer to the original neighborhood MOS breakdown post. Also, view a…
Morning News: National Housing “Crisis,” Boeing, Alaska Air, & More
Here’s a few national stories of note, and a handful of local economic news stories from this morning: New York Times: For Housing Crisis, the End Probably Isn’t Near Wall Street Journal: When Will Home Prices Stabilize? Fitch Says 2010 Seattle P-I: Unemployed workers struggle with job-seach requirements Associated Press: State lawmakers strike agreement on…