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Seattle Market Playing Catch-Up, Government Not Riding to the Rescue

Posted on January 28, 2008January 29, 2008 by The Tim

Here’s a few quickies to start off your Monday morning. First up, Seattle’s market got a mention in the LA Times on New Year’s Eve while I was cavorting about the country. Note that this was a week or two before the NWMLS statistics for December came out, showing a year-on-year price decline. It’s the…

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Ever met someone who likes to play with live grenades? Here’s somebody: Agents Who Originate Loans

Posted on January 26, 2008January 29, 2008 by S-Crow

This is not really new news for many of you , but the story circulating around news organizations and blogs about a buyer who has filed suit against their agent mentions a twist. Aside from the main story is the “smaller” issue that the agent evidently also arranged the buyers financing. At least that is…

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Consumers wish list

Posted on January 24, 2008January 29, 2008 by S-Crow

The inspiration for this post is from the existing homeowners, prospective homeowners and allied real estate professionals that have corresponded with me and commented on this blog over months past to the present. I’ve learned and received much more than I’ve provided on this blog I assure you, but the common theme I’ve come away…

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Wall Street Journal: Seattle No Longer Special

Posted on January 24, 2008January 29, 2008 by The Tim

Seattle got a little bit of attention in a recent Wall Street Journal story titled Housing Slump Starts to Hit Stronger Cities: It’s getting harder to hide from the housing bust. Tight credit, fragile consumer confidence and a weakening economy are slowing sales and depressing prices even in some places — such as the Pacific…

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HouseValues CFO Jumps Ship

Posted on January 24, 2008January 29, 2008 by The Tim

HouseValues, a locally-based online real estate agent lead generator has been swirling the drain since the national real estate market first started slowing down last year. They were in the news again yesterday, as their CFO jumped ship. For the second time in a year, Kirkland-based HouseValues is restructuring its executive team and laying off…

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