County Council candidates in Snohomish are taking notice of the housing market insanity and (of course) attempting to gain votes based on their position on the matter. The hot real estate market and its expensive “starter castles” are a key hurdle for the homeless, first-time home buyers and senior citizens, several Snohomish County Council candidates…
More Takes On September Figures
The usual suspects have chimed in this morning with their detailed stories (as well as graphs, figures, and photographs) reacting to the September sales figures. Elizabeth Rhodes in the Times: For the third straight month, there were more sales but fewer homes to choose from in King and Snohomish counties, compared with the same period…
September Prices Mostly Flat Vs. August
Home sales figures for the month of September have been released for the Northwest, with Pierce County’s combined (house & condo) median price posting a 19.5% gain year-on-year to $245,000, and King County’s median price (house only) gaining 15.5% year-on-year to $381,250. Interestingly, that is a 1% decrease from August 2005’s $385,000 high for King…
A Seattle Real Estate Investor’s Story
The Wall Street Journal’s Real Estate Journal takes an in-depth look at a local real estate investor in a multi-part, fourteen-month series: A First-Time Landlord Launches His Investment A Landlord Struggles To Find Qualified Renters Landlord Finds a Renter After Some Concessions A Landlord Experiences His First Repair Problems Our Landlord Searches For His Next…
$400,000+ Homes Selling Fast In Olympia
Olympia is feeling the heat of the “real estate boom” in the form of more and more home prices jumping above the $400,000 mark. Sales of South Sound’s most expensive homes are growing faster than any other price range, statistics from Olympic Multiple Listing Service show. Through September, there were 109 sales of homes worth…