Long-time observers of Seattle’s housing market may recall way back in September 2006, when the Queen Anne High School condo conversions came on the market, debuting to a heaping helping of (what read to a mere real estate consumer as) over-the-top gushing from local agents, declaring them to be “awesome” and the prices “amazing,” as…
Reader Question: Seeking First-Time Buyer Advice
Once in a while I like to feature individual requests for advice from readers. The following was posted on the forums by a reader going by the name “Novice.” Advice Please! I am a long time resident of Seattle and a renter. I am currently spending $700 / month to live on a tiny boat…
Poll: Ben Bernanke…
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 03.28.2009.
Action Call to Seattle Bubble Readers: Condo Sales Status Project
So just how many unsold condos is Seattle sitting on, anyway? As I mentioned in a post on Wednesday, figuring out just how much unsold condo inventory exists is a daunting task, requiring many hours spent with the public parcel records. However, the task could be far less intimidating if we split it up. Here’s…
Local Housing Oversupply Could Disappear by July 2010…
Good news everyone! The latest population estimates for King County have been released by the Census Bureau, and at the present rate of population growth, we’ll be able to use up all of our excess housing inventory by July of next year… …if all residential construction across the county completely ceased after July 2008, that…