From the Wall Street Journal: “‘I’ve never seen a soft-landing in 53 years, so we have a ways to go before this levels out,’ Countrywide CEO Angelo Mozilo said on a Tuesday conference call. ‘I have to prepare the company for the worst that can happen.’” Of course, we all learned that Washington Mutual announced…
Sue hates me: not really, but she and others want the dirt.
My reponse was too long in the thread so I thought I’d throw it here for people to debate. Well, Sue hates me. Actually, just teasing. But, she thinks that my picture of Mt. Rainier is rather boring and may not add to this blog. Geez, who couldn’t take a shot of Mt. Rainier with…
More "FairValue" Malarkey
Why this is in the news again is beyond me, but apparently CNN/Money is really keen on some dude that uses a secret formula to determine which housing markets are overpriced. We talked about this same guy’s babblings just three short months ago, and very little has changed since then. After years of local home…
Topic Previews
One of the benefits of homeownership (ok it’s only a few days of the year this clear, but when Mt. Rainier shows her majesty, it speaks for itself) Looking South over Snohomish Valley past Monroe. Photo: Tim Kane -July 25th, 2007, 8:30pm. Hello Bloggers. Gosh, I have a bunch of topics to discuss. No time…
Memories: Stale Listings & Low-Ball Offers
Here are a couple of blasts from the past for you, courtesy of the Seattle Times archives and real estate Q&A columnist Bob Bruss. Our first question is from November 1993: Q: Our home has been listed for sale with several different realtors for almost two years. We have reduced the asking price by about…