You may have seen the generic story in the news yesterday about home prices finally slowing down. What you may not have noticed was that the Seattle Times reprinted the story from Bloomberg News and added their own little gloating bit to it. Home prices fall in some U.S. cities, but not here Home prices…
Cable TV Arrives Late To Party
This is rich. A little blurb in the Seattle Times on Saturday pointed out that the cable network HGTV is adding three (or maybe four) new shows focusing on—you guessed it—real estate. Check out the sidebar: A new HGTV show called "My House is Worth What?" is coming to Seattle to find folks who’d like…
"Affording" A Home In King County
There’s an interesting pair of stories in today’s Seattle Times Real Estate section. The first article sings the praises of buying dumpy houses in crime-ridden neighborhoods. (Okay maybe that’s an exaggeration.) Many first-time buyers swiftly learn that if they want to get into a home they’ll have to make accommodations. Although there are several types…
Anecdotally Speaking
I was cleaning off my desk and I found a full color flier filled with exclamation points!!! It advertises a house down the street (pictured). I picked it up a few weeks ago while out on a walk with my wife and my dog. The house is around 2,300 square feet and sits on over…
Growth Management Bubble?
Here’s a topic that we haven’t discussed much here: Growth Management. Some people argue that aggressive growth management policies are responsible for much of King County’s ridiculous run-up in prices. A reader pointed me toward a 2001 article published by a group called the Washington Research Council, in which they argued that King County’s growth…