It is generally accepted that the more desirable an area is, the less affordable it is to live there, and specifically, to buy a home. For instance, homes in San Francisco have always been ridiculously expensive—even considering the higher median income there—because it’s considered by many to be a highly desirable place to live. For…
There’s Never Been A Better Time To Buy!
Click to enlarge Seattle Bubble Tip Jar
Home Staging Tries To Fight Slowing Market
Another sign of the times down in Olympia, where this story posted on October 22nd highlights the difficulties some would-be sellers are having finding interested buyers. The plan was to buy a steal-of-a-deal house on the east side of Olympia, remodel it and resell it quickly for a tidy profit – pretty much like they…
Don’t Bet On Biotech?
Here’s an interesting article that focuses on the influence bio-tech has on Seattle’s economy. It’s tangentially related to real estate, because of the argument we hear so often that oodles of high-tech jobs are just pouring into Seattle. In recent years, economic development boosters both in Seattle and on the Eastside have increasingly focused their…
Retail Spending Spikes In Washington
Seattle Times writer Melissa Allison seems a bit too excited about today’s report that retail spending in Washington State grew by 10.5% from spring ’05 to spring ’06. Those were the days, back in the spring when the flowers bloomed and the housing market sizzled. Washingtonians had such confidence last spring that they spent with…