It’s time again for me to come begging for votes in the Metroblogging Seattle blog tournament. We’re in a close race in the quarterfinal, but I think we can win it. I’m not so sure of our chances should we make it to the next round, but we’ll cross that bridge when we come to…
Realtors: Want to know why many people don’t trust you?
If you want to know why people don’t tend to trust real estate agents, here’s a great example from a Q&A with Bill Hutchinson, president of the Thurston County Realtors Association in The Olympian: Q: Given where the market is today compared with a couple of years ago, what would your advice be for sellers…
Radar Logic: Seattle Going Into the Red
Uh-oh, looks like Seattle is starting to get some negative national attention. As in, coverage that isn’t saying “wow, look what a strong, resilient housing market,” but rather “looks like Seattle’s housing market is poised to fall.” Seattle, wake up and smell the coffee, your housing prices may be falling faster than foam on a…
King County Home Prices: 1946-2007
A while back (September 2006, to be more precise) the Seattle Times published a 22-year “analysis” of King County home prices, which essentially came to the conclusion that Seattle would be immune to the home price drops that were beginning to occur elsewhere around the country. Their graph of local home prices going back to…
Declining Real Estate Sales Hitting State Revenues
Looks like that slowdown in state government revenues that Washington State’s chief economist ChangMook Sohn has been consistently warning us about really has come to pass. Sharp declines in predicted revenue from the real estate excise tax and a mild national recession have led the state’s top economist to downgrade his revenue forecast by $423…