Here’s some interesting news. Apparently even double-digit appreciation isn’t enough to keep foreclosures from rising around here, much like they are across the country: Following a national trend, Washington state’s mortgage foreclosures increased significantly last year, claiming 18,527 homes. In the Seattle/Bellevue/Everett area, one in every 136 homeowners was displaced by foreclosure, as was one…
Kirkland-Based HouseValues Continues Slide
More bad news for local real estate lead-generation company HouseValues: Amid a slumping real estate market, HouseValues Inc. is cutting 12 percent of its work force and closing its online lead generation business for mortgages. Sixty employees are losing their jobs, all at the company’s Kirkland headquarters.…In a memo to employees, HouseValues Chief Executive Ian…
"This is a great time to buy a home."
Check out this absolutely delightful paid advertisement masquerading as a “guest editorial” in today’s Seattle Times. It’s penned by Mr. Samuel L. Anderson, the executive officer of the Master Builders Association of King and Snohomish Counties. The media have been all abuzz over the past year about the softening in the housing market. … At…
Listing History
My thoughts on the issue while working hard. A balanced perspective The dissemination of data from the NWMLS to the public will be limited for a variety of reasons. Safety and protection of potentially personal information of each seller is paramount. I am uncertain whether the issue of safety and protection of personal information should…
Hello Again, Condo Anecdote
This is at least worth a brief mention. Another unit has come up for sale in the condo complex in my neighborhood that was the subject of my first anecdotal post. Actually, it’s not “another unit” but rather the same unit that sold just over a year ago. In December 2005 Unit #6 was bought…