True story. A friend of mine was renting a decent apartment in the Fremont / Greenlake area in early 1994 for $850 per month. In late 1994 he bought a decent, mid-range house in the same area for $150,000. Over the next 12 years, he didn’t do any major remodels, just regular maintenance and a…
Hey! Look Over Here!
Happy Monday. Feel free to enjoy these two posts, complements of the Seattle PI. Opportunity is Knocking at Your Next Front Door “The unfortunate reality here is that good news seems to get buried in the newspapers and it’s the negative headlines that get all the attention. What we’re trying to do [with the ad]…
Nightmare Renting Scenarios
I’ll freely admit it – renting is suck. This evening I opened my door to take out the trash and my 16 pound psychotic Pug broke loose and ran down the hall to meet my new neighbor, who was headed for the elevator. The man, easily in his early 50’s, backed into the wall while…
"This doesn’t mean that a ‘bubble’ has burst"
Ms. Rhodes follows up yesterday’s admission that the Seattle market is actually (gasp) slowing, with a softened article full of reassurances that the market from here will surely be “steady.” She kicks off the article with a paragraph that just cracks me up. At the beginning of the year, local housing experts predicted the Puget…
Seattle PI’s Take on Sept. NWMLS Numbers
Signs of housing slowdown Seattle’s median home price in September was up just 4.4 percent from a year ago and down from both July and August, according to new statistics. It’s the lowest year-to-year increase and the first time prices have dipped two months in a row since January 2004. The median home sold for…