In a recent post in his continuing series on whether or not Seattle is in a bubble, Gregory Wharton took a look at the actual cost of producing new houses. After doing a bit of math on construction costs, he made the following claim: …the comparative value of new construction for the median Seattle home…
How To: Ditch The Buyer’s Agent
I found this article about ditching the real estate agent to be unintentionally amusing. Eric Boerner was shopping for a house in the Seattle area when he decided he couldn’t stomach the idea of a real estate agent pocketing thousands of dollars in fees for work he’d rather do himself. Did he really need someone…
Downtown Condos For Everyone… Psych!
Seattle Times columnist Nicole Brodeur points out the downside to the city’s apparent condo-rich future—the condos are pretty much only for the rich. I like the idea of an army of spit-shine new residents invading downtown. It’s fewer cars on the road, a nod to our healthy economy and hints at the world-class city we’ve…
The Tim Is On Non-Vacation
Speaking of going to California… that’s just what I’m doing (you think I get up at 4:00 AM for fun?). I shan’t return until Sunday night, so please feel free to use this post as an open discussion to discuss any stories I miss while I’m gone. If I somehow manage to find a usable…
Yet Another Workplace Anecdote (YAWA?)
Another coworker of mine just put the family house up for sale. They are asking $490,000 for their 2,000 square foot home built in 1998 on 0.35 acres in rural eastern King County. They purchased in July of last year for $410,000. The previous owner bought from the builder for $240,000 in 1998, and sold…