Today, Everett Herald reporter Debra Smith shows how Laura & Jon Ward saved $9,000 by using Redfin. The caveat is that they did most of the legwork in finding their home to buy. How much work would you be willing to do if you could save thousands? Some have the time, some don’t. “Taking $20,000…
Seattle Bubble on Inman News
The remaining portions of Glenn Roberts’ piece on Bubble Blogs have been posted to Inman News. I recommend you read it today, because after today it is only accessable to subscribers. Read about Glenn’s conversations with a “Bubble Debunker” (real estate agent), John Doe of Southern CA, Bill Bond (Housing Panic contributor), an anonymous blogger…
Our Doom and Gloom Media
It seems that every time the local press prints a story that is slightly less than 100% “rah-rah, go home prices” people come crawling out of the woodwork to accuse them of using “doom and gloom” or “sensationalism” to sell papers. Accusations like that really amuse me, since (as regular readers of these pages know…
Let’s talk Financing: Gross Income outdated?
Bonus Picture Day (billboard next to Everett Events Center): Looks like the banking industry is aware of the debt picture. Gross Income outdated? For years the lending industry has utilized gross income as the yardstick by which consumers are qualified to obtain mortgages. Let’s say the median priced home in King County is $465,000. What…
Kleenex, Q-Tip, Band-Aid… Realtor
Public Service Announcement for people employed the real estate field: Whether you like it or not, the general public uses the term “Realtor” in much the same way that we use the terms Kleenex, Q-Tip, Band-Aid, Jell-O, Styrofoam, and many others. Despite the fact that “Realtor” is a registered trademark that refers to a specific…