Sunday’s Up Front on KING 5 focused on the local real estate market, and provided a relatively balanced picture. Host Allen Schauffler presented an overall picture of the current market, a look at a couple that got swept up in the bubble mania, a look at the next wave of adjustable rate resets, a warning…
Tag: JohnLScott
State Considers Irresponsible Plan to Pre-Distribute $8,000 Tax Credit
According to a post on Aubrey Cohen’s P-I blog Seattle Real Estate News, State may give buyer credit as temporary loan. First-time home buyers would get their $8,000 tax credit as a state loan at closing, under a measure the state Senate Ways and Means Committee approved Wednesday night. The federal government is offering the…
March Reporting Roundup: Spring Fever Edition
Let’s check in on the local papers (or digital former papers, as the case may be) to see how this month’s NWMLS stats are being spun to the populace. First up, here’s the source material: the NWMLS press release that accompanied yesterday’s numbers: Brokers report signs of improvement in “real-time” housing market NWMLS director Dick…
Reporting Roundup: The bottom is in, unless it isn’t.
Time for yet another thrilling installment of “see how the local press repackaged the NWMLS press release.” First, for comparison, here’s the NWMLS press release that accompanied yesterday’s numbers: Western Washington Home Buyers Starting to Grasp “unique housing opportunities” “I believe these results are reflective of what might be called a “mental filibuster” for potential…
January Reporting Roundup: C’mon ‘N Ride The Train
Here’s the NWMLS press release that accompanied yesterday’s numbers: Home Buyers Starting to Seize Opportunities in Some Western Washington Areas “Home buyers in Pierce and Kitsap are starting to recognize the opportunities that exist for first-time buyers and those looking to buy a home in the more affordable price ranges,” said J. Lennox Scott, chairman…