With the housing downturn in full swing, it’s interesting how many housing developments have slowed to a near stop or stalled completely. I’ve begun mapping out some of these fallow construction sites in the areas that I frequent (north King / south Snohomish), and I thought it would be interesting to open the process up…
Tag: builders
Small House, Big House
I thought this was amusing… From D.R. Horton: Smaller is better in some markets, May 5th: D.R. Horton’s chief executive says smaller, more affordable homes are selling well in some areas and will bring higher profits to the nation’s largest home builder. CEO Donald Tomnitz said the smaller homes were particularly popular in Seattle and…
State Senate and House Pass “New Home Warranty” Bills
Although the state legislature hasn’t yet made the time to figure out what to do about the $8.5 billion budget deficit, they did make the time last week to pass a “consumer protection” bill mandating warranties on new home construction. House Bill 1393 also creates an “office of consumer education for home construction” as a…
Weekend News Roundup – Rents Flattening, Development Halting
I was out of town all weekend in SF (driving back yesterday was not particularly fun, I assure you). Here’s a roundup of some of the local and notable national real estate stories that were waiting for me in my inbox upon my return this afternoon: First up, a blog post by P-I real estate…
Signs of the Times
I thought I’d lump a few “sign of the times” type of stories into a single post, since it gets old after a while constantly reading (and writing) posts that are basically just slight variations on the “the real estate market is slow” theme. Here’s another interesting piece from Kirsten Grind over at the Puget…