As I’ve been following the other bubble blogs over the past year or so, it has seemed like the housing slowdown is slowly moving from the south to north and east to west, with our state being at the trailing end of market realities. In the recent months, I’ve seen articles first about slowing in…
Homebuyers Need More Power
A friend forwarded me this link that he received in an email from his credit union. Can’t afford a home? Fear not, BECU can wave their magic wand and increase your buying power! Is Your Dream House Just Beyond Your Price Range?posted Apr 04, 2006 Home prices have increased tremendously over the past several years….
Vashon Island’s Affordability Future
A group of developers and community leaders got together last week in Vashon Island to peer into their crystal balls and predict that area’s future… Developer and Vashon Island Chamber of Commerce president Tom Bangasser said at last week’s Vashon Maury Island Community Council meeting, “People who buy property (on Vashon) to develop it because…
1315 1st Ave Defies Seattle’s Bubble
Here’s an… interesting story about the “tacky little building at 1315 First Ave.“ In the high-stakes game of downtown real estate, the tacky little building at 1315 First Ave. was surely doomed. A group of heavyweight developers, including a billionaire, a wealthy venture capitalist, and a former Seattle mayor, aimed their wrecking ball at Peaches,…
Luxury Condos Pop Up All Over
Apparently Puyallup is not alone outside of Seattle in its ability to attract ridiculously lavish condominiums. "Luxury condos" are popping up in all kinds of outlying Seattle neighborhoods: Luxury condominiums, some priced up to $2 million, are springing up in such unlikely locations as Edmonds and Ruston as developers look to attract empty nesters in…