Are prices in Seattle based on strong fundamentals or speculation? While we can certainly look at the data and draw conclusions for ourselves, there is little to no hard information out there about how many people are buying merely to turn a quick buck. There are those that treat the lack of hard data regarding…
Tag: anecdote
Messed Up Homebuyer Logic
The following quote from yet another boring article about condos caught my attention due to its absurdity: Prices range from about $219,000 for a studio up to just over $400,000 for a two-bedroom condo. Gamel touted Sapphire’s finishes and amenities, proximity to Green Lake and downtown, and Greenwood itself.…Sapphire’s price, the fact that it’s new,…
Wanted: Construction Job in Seattle
Either this report is a fabrication, or the guys in question haven’t been clued in to how special Seattle is… Construction workers from across the country came to the Cedar Rim Apartments in Newcastle for a major remodeling project.They worked for weeks but were only partially paid. Now, some are stranded and taxpayers are footing…
Notes From the Trenches
Last Wednesday there was some great conversation about what people are experiencing as they are out there right now trying to find a home. I think it’s worth re-posting these comments on the front page, since they give a good feel for what the housing market is really like right now that you can’t get…
Hello Again, Condo Anecdote
This is at least worth a brief mention. Another unit has come up for sale in the condo complex in my neighborhood that was the subject of my first anecdotal post. Actually, it’s not “another unit” but rather the same unit that sold just over a year ago. In December 2005 Unit #6 was bought…