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…
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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…
The Insatiable Homebuyer Appetite
Marlow Harris of the P-I blog Seattle Real Estate Professionals had a great post last week about the insatiable appetite of the American home buyer: I am generalizing from the 100’s of homebuyers I’ve met, plus the watercooler talk from the many agents I’ve known, and I know that buyers list of “wants” quickly become…
Dry Rot: Rot from housing spreading to financial sector
Back to work Monday has arrived and my normal routine is to find Bill Fleckenstein musings on the financial markets. I’m fairly sure he coined the term “housing ATM,” among other gems, and he’s at it again with this morning’s take on the markets. Perhaps as a sign that folks are starting to care, the…