Apologies for the lack of posting yesterday. I spent all day at the Art Institute downtown with my wife, at her “portfolio day,” which marks her completion of the “Residential Design” program. If you know someone that needs an interior designer for cheap (since she’s just getting started) shoot me an email. Moving on… If…
Slowing Real Estate Slows State Economy
As predicted, the slowing real estate market is beginning to affect other aspects of the economy in our state. The monthly jobs report from the state Employment Security Department often is full of seemingly contradictory data, but May’s report was even murkier than usual.…Beneath the confusing headline numbers, there’s considerable evidence for a simple conclusion:…
Pierce Property Tax Valuations Up 22%
Proving that it is indeed possible to write a story about home price increases without resorting to overly enthusiastic quotes real estate cheerleaders and/or government beneficiaries, the Tacoma News Tribune reports on the 22% increased property tax valuations being mailed out to Pierce County residents this week: This week, the Pierce County Assessor-Treasurer’s Office will…
McMansions Cramp Kirkland’s Style
Sorry I’m a bit behind. I’ve had a busy weekend. This story was posted last Thursday, and while it might not directly relate to bubble issues, it’s still interesting to consider. Summary: McMansions in Kirkland may be getting out of hand . As Kirkland becomes a destination for new luxury homes — many taking maximum…
Most Ridiculous Item Of The Week
Let’s have a little fun on a Friday. How about a thread dedicated to sharing the most ridiculous real estate related item you’ve seen this week. An anonymous commenter yesterday made a good contribution with MLS# 26089900 which urges the potential victim buyer to "Take advantage of the Ballard Craze now," by putting in "lots…