One of the topics we touched on during yesterday’s Rain City Radio conversation was when and how to catch the bottom of falling house prices. I’m not personally obsessed with catching the very bottom, but I also am not interested in buying something less than ideal that I can barely afford based solely on a…
The Tim on Internet Radio with Rain City Guide
At 4:00 today I’ll be joining Dustin and the Rain City Guide crew for a live podcast sort of thing that they’re calling Rain City Radio. You can join in on the conversation via chat or call-in by going here, or via the embedded widget on this post (if I did it right). If you…
McMansions, Condo Conversions, Delays, & Sunny Ballard
Time again already for another inbox-clearing story roundup. First up, the Seattle City Council is apparently in a development-regulating mood lately. Not only are they tackling the ugly townhome issue, now they’re going after “megahomes” as well. After years of complaints about suburban-sized homes that devour lawns and encroach on neighbors, the Seattle City Council…
Anecdote: Bailing on Kenmore Townhomes (Too Late)
Okay, when I saw this this morning, I just had to mention it. There’s a little 8-unit townhome complex in my neighborhood (Kenmore) that I have mentioned on here a number of times in the past. Most recently, two of the eight units were up for sale. As of this morning, four of the eight…
Local Banks Slammed by Housing Bust
From today’s Everett Herald: Housing slump hits local banks hard Low interest rates, the loss of the home construction boom and investor pessimism all are weighing down on bank stocks, dealing a big blow to all three of the local banks traded on Wall Street. Lynnwood’s City Bank, along with Frontier Financial and Cascade Financial…