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Tag: Cohen

Lenders’ Tightening Standards Even Hit Seattle

Posted on September 26, 2007 by The Tim

Here’s the latest from Aubrey Cohen over at the P-I: Mortgages harder to get for local borrowers Lenders who previously approved mortgages to people with bad credit, no down payment and little or no documentation of income now are refusing loans if even one of those three factors is questionable. This is true even in…

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Zoning to Blame… Yeah, That’s the Ticket.

Posted on September 24, 2007 by The Tim

What’s to blame for the Seattle area’s out of control housing prices? If you read the local papers, you’ll hear all kinds of reasons. Booming local economy, running out of land, super-extra desirable climate, Microsoft/Boeing, you name it, they’ve claimed it (almost). The latest scapegoat: local zoning. “Local zoning is the No. 1 enemy of…

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Cohen Enters Blogging Fray

Posted on September 20, 2007September 20, 2007 by The Tim

FYI, Seattle P-I real estate reporter Aubrey Cohen has entered the blogging fray. Check out his new P-I-sponsored blog: Seattle Real Estate News. Such a creative name. (I kid, I kid.) Seriously though, I applaud Aubrey for engaging the readers in the more open, discussion-oriented format that blogging provides. Hopefully he will get some good…

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Prices in Seattle “Not Unthinkable Yet”

Posted on September 13, 2007September 13, 2007 by The Tim

Hot on the heels of an unusually balanced report on the latest NWMLS home sales data, Aubrey Cohen comes back with another piece on the local market, this one full of non-sensical rationalizations for continued price gains. Ken Kam, of Honolulu, scoped out second-home possibilities during a Seattle visit last month. “It seems like it’s…

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August Reporting Roundup

Posted on September 11, 2007September 11, 2007 by The Tim

Here’s the usual roundup of the NWMLS press release echo chamber for this month. As expected, most of the focus is on price, price, price. As long as the median price keeps going up, expect more of the same. Bibeka Shrestha, Seattle Times: Median price for house in Seattle tops $500,000 The median price for…

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