As many of you have already noticed, the latest Case-Shiller data (June) has been released. Here’s an update of the graph I’ve been keeping of the west coast cities: Click to enlarge For those that are into this sort of thing, here’s what Aubrey Cohen over at the Seattle P-I had to say about the…
Tag: Cohen
Local Foreclosures Continue Climb
Aubrey Cohen of the P-I reports on the continuing trend of the increasing number of local foreclosures. Skipping over the article’s pointless comparisons with other parts of the country that are clearly ahead of Seattle on the bubble-bursting curve, here’s the meat of what’s going on around here: Area foreclosure filings in July were up…
Somewhere Between Anxiety and Denial
As the mortgage industry begins to crumble and home prices are declining across the nation, the local media and blogging real estate insiders seem to be getting a bit anxious. Maybe it’s just me, but take a look at some of the recent headlines: Home values here still rising (Elizabeth Rhodes, Seattle Times) Seattle-area homes…
July Reporting Roundup
It’s that time of the month again—time to check in with our trusty local real estate mouthpieces “reporters” in the local press. What do Rhodes, Cohen, Benbow, Boone, and newcomer Dan Beekman (with the Tacoma News Tribune) have for us this month? Read on to find out… Warning: Sarcasm Ahead Elizabeth Rhodes, Seattle Times:Housing prices…
Appraisers “Pressured to Hit the Value Every Time”
And the understatement of the week goes to… Aubrey Cohen of the Seattle P-I, for his sub-headline gem: “As market slows, buyers may find they paid too much“. Moss blankets the house’s roof. The siding is rotting off. And mold has spread through the interior. But the home’s condition is “average,” according to an appraisal….