A San Diego investigative reporter, John Mattes, is assaulted while investigating a story uncovering an “alleged” real estate fraud ring. Apparently, the ring leader was very pissed off that he was found out. The scam involved buying property with other peoples stolen identities. Check out the video and how the guy’s wife (a real gem)also…
Trend Marches On: Supply Up, Demand Down
August figures from the NWMLS have been posted. Inventory continued its climb, up 23.91% from last year, while sales were up slightly from July, but still down 13.29% from last year. Median sales price for single-family homes in King County was unchanged from last month, at $435,000. As is traditional, I have uploaded an updated…
There are a lot of people in real estate
Today I spent a lot of time finishing up loose ends due to my procrastination in preparing for my kids going back to school tomorrow. I was buying clothes, socks, shoes and a ton of school supplies. Why can’t my kids use some of the old stuff from last year? Anyway, after waiting for just…
"Boom is Likely to Continue"
An anonymous reader pointed out the following blurb in an MSN Money “Home Price Report.” Real estate in the Pacific Northwest is still being pumped up by fleeing Californians. Californians (retiring baby boomers in particular) see that their homes have reached record prices and they’ve been selling. They are flooding into neighboring states with pockets…
Seattle Times Gives Anecdotes Of Their Own
Here’s another one of those stories that follow the basic formula of: take an anecdote, fill in all the back story, write it as dramatically as possible, and stretch it to a full-length article. Today’s topic: finding a nice house for less than $400,000 around Seattle is darn near impossible. It certainly doesn’t qualify as…