Many of you pointed out the latest in a series of paid advertisements masquerading as reporting in yesterday’s Seattle Times. The apparent purpose of the “article” was to convince the reader that 2007 is a great year to buy a condo in downtown Seattle, at any cost. [Condo developer David] Thyer insists that Seattle isn’t…
Tag: condos
Condo Shoppers Lie Low
This article appeared on the front page of the Puget Sound Business Journal early this month. While typically not read by the general public, “Biz Journals” are widely circulated throughout the business community. Local businesses use the publication to keep tabs on their customers and competitors and to stay abreast of local business news. I’ve…
Bubble Link Roundup
It’s time for another link roundup: a list of links that are worth posting, but not each as their own post. Some of these are Seattle-specific, some aren’t. Keith at Housing Panic provides a concise history of the housing bubble. Calculated Risk expects a recession in ’07 and explains what would change his mind. The…
Hello Again, Condo Anecdote
This is at least worth a brief mention. Another unit has come up for sale in the condo complex in my neighborhood that was the subject of my first anecdotal post. Actually, it’s not “another unit” but rather the same unit that sold just over a year ago. In December 2005 Unit #6 was bought…
Slowing Condo Market? Not Here! Not Here!
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…