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Foreclosures On The Rise In King County

Posted on February 9, 2006 by The Tim

I generally dislike giving any attention to self-advertisements (a.k.a. “press releases”) on here, but I thought that a bit of info contained in this horn-tooting by Default Research was worth mentioning: Foreclosures increased by 2.04 percent in January in King County, according to Default Research…” 2.04% might not be really a big enough number to…

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Plentiful Parking To Blame For Seattle’s Bubble?

Posted on February 8, 2006 by The Tim

Here’s an interesting tidbit from a mostly unrelated article (about getting people out of cars) in today’s Seattle P-I: Last March, Mayor Greg Nickels announced plans to reduce the number of parking spaces housing developers will need to provide in the Capitol Hill, First Hill, Pike-Pine and University District neighborhoods. The city’s Department of Planning…

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Buyers Not Buying Thanks To… Football?

Posted on February 8, 2006 by The Tim

It’s that time of the month again, when the MLS numbers from the previous month hit the streets and all our beloved local papers rush to press with nearly-identical stories “analyzing” said numbers. The Times, P-I, News-Tribune, Herald, King County Journal, The Olympian, and yea verily even the Puget Sound Business Journal all piped in…

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"Office Condos" Coming To Seattle?

Posted on February 5, 2006 by The Tim

With the real estate craze that we’ve been living through these past few years, I’m surprised someone hasn’t come along with this idea sooner—selling office space rather than renting it. When businesses are looking for space, they usually either lease it or buy a building. But two local developers are backing a different idea: the…

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Vulcan Plans Affordable Housing

Posted on February 5, 2006 by The Tim

Well, it seems that even if you’re the seventh-richest man on Earth your money can’t buy you a well-officiated Super Bowl. But can it make a dent in downtown Seattle’s affordability for the working class? Paul Allen’s Vulcan, Inc. intends to at least try. Vulcan Inc. unveiled plans Monday to build affordable housing in South…

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