The New York Times yesterday ran a story about the struggling condo market in many parts of the country, and with as much attention as it received, you just knew the local news couldn’t let it go unanswered. Enter Aubrey Cohen of the Seattle P-I with Seattle bucks trend on slumping condos. Seattle’s market was…
Tag: Cohen
Prices Unleavened in 2007?
So what’s in store for the Seattle housing market in 2007? Everyone’s got an opinion, and yours truly is no exception. But before I get into my guesses, let’s review the predictions of local “experts” that have been trumpeted in the media in the last few weeks. From a December 22nd P-I article: “I think…
December Reporting Roundup
After just nine months of increasing YOY home inventory and fourteen months of declining YOY home sales, the local media has apparently taken notice. Even Elizabeth Rhodes at the Seattle Times can’t ignore the slowing trend: In fact, buyers weren’t racing to make offers anywhere in the central Puget Sound area last month, according to…
Finished Basements: What Could Go Wrong?
If you have spent some time looking at homes for sale around here, you have probably noticed that finished basements are frequently used as a major selling point, with some listings even counting a finished basement in the advertised total square footage of a home. However, as an article in today’s Seattle P-I points out,…
God Save the Queen
A Seattle developer says he plans to save two historic apartment buildings by converting the units to condos. “The trouble with many of these old buildings is it just doesn’t pay to keep them up when you’ve got them as apartments,” Ben Rankin, a principal of developer Pioneer Property Group, said while touring the Pittsburgh…