local real estate news, statistics, and commentary without the sales spin.
In late June’s post where I plotted the long-term trend of inflation-adjusted local home prices, there was some disagreement with my snarky insinuation that zero real appreciation over thirteen years (1999 to 2012) represents a lousy investment. As one reader correctly pointed out, the stock market’s total non-inflation-adjusted return over the same time period is…
This poll was active 09.11.2011 through 09.17.2011.
This poll was active 08.28.2011 through 09.03.2011.
With the stock market swinging wildly up and down, real estate prices still falling in many markets, and banks paying basically zero (or worse) on savings accounts, I’m curious what the readers think about where’s the best place to keep one’s cash today. Let’s assume you just want to hold the money and avoid losing…
I received an email yesterday from Tom Goodwin, King County’s Chief Economist, pointing me toward a new blog that he has started to discuss economic issues in King County. The first topic: real estate. In his post, Is a Home a "Lousy" Investment? Tom takes on the recent Wall Street Journal piece A Home Is…