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Tag: affordability

A Question Of Affordability

Posted on November 3, 2006June 20, 2007 by The Tim

It is generally accepted that the more desirable an area is, the less affordable it is to live there, and specifically, to buy a home. For instance, homes in San Francisco have always been ridiculously expensive—even considering the higher median income there—because it’s considered by many to be a highly desirable place to live. For…

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PMI: Seattle Increasingly Risky

Posted on September 26, 2006June 20, 2007 by The Tim

Mercer Island Guy pointed out that I haven’t yet posted on the latest PMI report that was released last week. Rapidly slowing appreciation and declining affordability contributed to a marked increase in the risk of home price declines in cities across the country, PMI Mortgage Insurance Co., the U.S. subsidiary of The PMI Group, Inc….

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Realtors & Government Team Up To Look Good

Posted on August 9, 2006August 17, 2009 by The Tim

As effective as government is at addressing most issues, it only makes sense that once the real estate market finally starts to slow down, that’s when they decide it’s a good time to try to do something about unaffordable housing. Gov. Chris Gregoire and top legislative leaders on Tuesday authorized a study of ways to…

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