With the numbers we’ve been seeing for the last few months, it is clear that Seattle is not the red-hot market that it was a year ago. What is still not clear though is just where we are in the boom/bust cycle. Many theories have been suggested recently in the comments about how soon Seattle…
No Foreclosure Deals… Yet
In a real estate advice column this weekend, Everett Herald reporter Steve Tytler explains the difficulty of finding good foreclosure deals in Seattle’s still-at-least-lukewarm market: Question: Where can I learn about investing in foreclosures?D.E., Renton Answer: There are some truly extraordinary bargains to be found in the foreclosure market. Unfortunately, finding these bargains is like…
Tacoma Condo Explosion Coming
Is Tacoma being set up for a big fall when the housing party finally ends? Quite possibly—especially when it comes to condos downtown. A tally of downtown projects by real estate consulting firm McCament and Rogers for the City of Tacoma shows 774 residential units are currently being built in 13 different projects around downtown….
Some Kinda Email
Once in a while you read something and you think: “Is this for real?” That’s the reaction I had yesterday when I received this email (name changed to protect the… well just as a courtesy): Hello Timothy, With interest I read your post regarding the “real estate bubble”. Regardless of what happens with the bubble…
Construction Buoys State Job Market
Here’s a pair of mostly glowing articles about just how stupendous our state’s job market is, and how much better it’s getting every day. The roaring construction and aerospace industries helped Washington add 7,900 jobs last month, pushing the statewide unemployment rate back down to 4.6 percent. That matched January’s jobless rate, before an influx…