King 5 News ran a great little piece yesterday that demonstrates just how ridiculous it is to call falling home prices “doom and gloom.” The flat real estate market has been a source of concern for many. But for some charities like Habitat for Humanity, it’s providing a long awaited opportunity to advance their cause….
Tag: affordability
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Bill Virgin: Homeownership has been oversold
Over at the P-I earlier this week, Bill Virgin chimed in on the housing mess again with yet another well-reasoned column: Homes are good investments, not slot machines or ATMs. In the great American sport of finger pointing and blame shifting, a new villain has emerged to explain the mortgage-finance crisis. The fault, it turns…
Snohomish Co. update & thoughts
Sorry no stats or graphs from me, just in the trenches reporting. Snohomish Co. Update: My wife is off providing sterling service tonight in Issaquah for clients who are buying/selling a home, (yes, we do business all over) so I’ve got some free time to do a bit of blogging and research. There are a…
Revisiting Seattle’s Soft Landing
It’s been nearly two years since I looked at the soft landing question with respect to affordability in a post titled Seattle Soft Landing: Do The Math. Since then, the affordability picture has changed, and we at Seattle Bubble have done a lot more research into historical data, so now seems like a good time…