Realtors are gearing up for a fight in Washington State over a proposed change to real estate excise tax law: The Washington Association of Realtors has launched a $1 million advertising campaign to warn home sellers of a proposed tax increase on the proceeds from their home sales. A buyer of a new home could…
Gas Prices Linked To Housing Patterns?
Considering how much gasoline has surged in price in the last few years, it’s no surprise that so many people are talking about it. But will rising gas costs really have an effect on where people choose to live? Are the outlying suburbs of the Seattle area—currently experiencing record growth—in for falling prices if the…
Jobs Plentiful In Snohomish County
Though I don’t agree with the argument that the Seattle area is special and immune to future housing pain, I’m not the type to ignore evidence that supports such claims. Case in point, Snohomish County’s hot and growing job market: Snohomish County is on fire – at least in terms of job growth. The county…
Deals On Fixers Or At Auction?
Parts two and three of King 5’s housing report focus on creative ways of making your money stretch that don’t include option-ARMs or other “creative” financing options. However, the reports aren’t directed at people buying a house to live in, but rather they’re written as how-to guides for real estate investing. If you’re handy with…
What Your Money Buys Around Here
I suppose a more accurate title would have been “What The Bank’s Money Loaned To You At An Adjustable Rate Buys Around Here.” That would have been a bit unwieldy though. So just how much can the overextended family buy in Seattle’s bubble-rific market? That’s the question King 5 News takes on in part one…