Here’s a video piece that aired this weekend on King 5 Up Front with Robert Mak where he poses some questions about Seattle’s housing market: More homes for sale, prices going down… Is it a good time to buy? … Where’s the bottom? And just how long might the slowdown last? Unfortunately, to find the…
Crellin: Keep Homes Off the Market—Return “Balance”
If you’ve been reading this site for more than a few weeks, you’ve probably heard of the Washington Center for Real Estate Research at WSU and its spokesman Glenn Crellin. Mr. Crellin is frequently quoted as an authority on local real estate markets across Washington State. With a neutral-sounding name like “Center” and its existence…
Poll: If money was no object, where would you live?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 11.17.2007.
“If middle-class people cannot afford middle-class homes, it’s because they are overpriced.”
There’s a decent editorial in today’s Seattle Times: Wages stick to the floor. While I strongly sympathize with the difficulty that middle-class people have buying homes in King County, subsidizing middle-income housing just makes no sense… …the tax burden for subsidizing middle-class housing would be borne mostly by the middle class. In addition, subsidizing middle-class…
I-747 Tossed, R-67 Passed = More Market Downers?
Hmm, this seems like it could be a timely lucky break for state and local governments that have failed to responsibly save any of their recently booming property-tax revenue: The State Supreme Court today found Initiative 747, the tax-limiting measure passed by voters in 2001, unconstitutional. … The measure, passed by voters in 2001, limited…