Apparently the only necessarily qualification for becoming a “world class” or “superstar” city is to keep on repeating that it is so. That’s the message I’m getting from the latest quotes from the Realtor’s spokesman Lawrence Yun, anyway. Seattle-area home prices are manageable for typical workers, according to the chief economist for the National Association…
Tag: NAR
Tired Stereotypes About Renters
You’ve heard these stereotypes about renting, circulated by people and organizations with a financial interest in selling you a mortgage: Renting is for poor people. and, Renters don’t get involved in their community. Here’s a specific example of these arguments, courtesy of the NAR: Low- and moderate-income families, as well as minorities, are the groups…
NAR: Seattle Coming Up Roses!
There haven’t really been many interesting stories out there in the last few days that are Seattle-specific, so I guess now is a good time to post the NAR’s Home Price Analysis for Seattle Region (pdf) I haven’t bothered posting it yet because it’s not really anything new or interesting, but rather the same rah-rah…
"I could think of effervescence"
The general purpose of this blog is to post only stories relating specifically to the Seattle real estate / housing bubble, but Ben Jones pointed out an article on Bankrate.com that was just too good to pass up. It highlights people who have sold their homes and are renting while they wait out the bubble….