Good news everyone! Affordable housing can be found with just a short three hour drive east of Seattle! Grant County sports housing that is truly affordable, in fact the “most affordable” of all the counties listed by NWMLS. Thanks to what a real estate research director calls surprisingly low median home prices, the county tops…
King County: Prices Up, Wages Down
Thanks to the reader that pointed out the story on CNN regarding the recently released statistics on wages. Real wages are not exactly going through the roof. For the 24-month period through the second quarter of 2005, the inflation-adjusted wages of an average American grew just 1 percent or so, according to statistics reported by…
Comic Relief From Sumner
It would be a bit of a stretch to try to relate this directly to a housing bubble, but I found it amusing enough to at least warrant a mention here. It’s a story about a subdivision that was intelligently placed directly underneath a high powered radio antenna. Sumner homeowners living close to a radio…
King County Appreciation "Middling"
More evidence that King County is nearing the top of its market comes this weekend from a report that places King County’s appreciation in the bottom third of 15 counties across Western Washington. Fueled by bidding wars and a shortage of houses for sale, King County’s single-family home prices shot up 15.43 percent last year,…
Bainbridge Realtor Predicts "Even Sharper Rise"
As if to offset the words of a local economist in a separate story by the same reporter, here come the predictions of a realtor on what 2006 holds for Bainbridge Island real estate: While the national housing market is showing signs of slowing down after a fast-paced year, the Bainbridge market is still picking…