Dang, my inbox has been flooded with stories lately. Here’s a recap of some of the more interesting ones related to the local housing market. Click below to read tales of rising rents, flaming hot office markets, expensive and stale listings, virtual property tours, disappearing mortgage options, booming condos, and more!
Tag: CNNMoney
“Positive Fundamentals” with “Hints of Weakness”
Ahh, Les Christie of CNN Money—the perfect national companion to our local captain of the real estate cheerleading squad, Elizabeth Rhodes. Where would we be without your frequent reports reminding everyone across the country just how special Seattle is? In the middle of a nationwide housing slump, a few markets have held their ground –…
More "FairValue" Malarkey
Why this is in the news again is beyond me, but apparently CNN/Money is really keen on some dude that uses a secret formula to determine which housing markets are overpriced. We talked about this same guy’s babblings just three short months ago, and very little has changed since then. After years of local home…
Real Estate Party In Washington!
A number of readers pointed out the latest series of rah, rah, real estate stories from Money Magazine that sing the praises of real estate in Washington State. The gist of the articles is that while the slowdown in real estate is undeniable in most of the country, the crystal ball predicts that a number…
Typical Seattle Story
Thanks to reader Dukes for pointing me toward this story. When CNN wanted a typical story about a young couple getting in over their heads with ARMs and HELOCs, where did they turn? Seattle, of course. Shortly after they were married, Aaron and Lacey Blank, now 25 and 27, wanted just what you’d expect: to…