Apparently it’s Condo Tuesday on Seattle Bubble… A few days ago, Susan Ryan posted an interesting warning over at Seattle Real Estate Professionals about a number of sleazy tactics being used to push condos: I have two clients looking for new condos, studios or one bedrooms in downtown Seattle, and there is something I’ve come…
Tag: Rhodes
Condo Cheerleading Continues
A pair of articles over the weekend joined forces to paint a rosy picture of the Seattle home market in general, and the Seattle condo market specifically. First, a proud moment for the “Seattle is Special” crowd, with this mention in a national article about slowing home sales: The correction in the U.S. housing market…
King County To Middle Class: Rent Or Leave
As I’ve said here before, I think renting right now is a no-brainer for people that don’t already own a home. That being said, for those in the middle-income bracket like myself that do insist on stretching their finances to afford an overpriced home in King County, the options are fewer and fewer. Throughout the…
"Your Home Is Now Your Portfolio"
It’s not often that I actually laugh out loud at a news headline, but congratulations to Elizabeth Rhodes, who actually achieved that with the gem “Local homes: Investments that just keep getting hotter.” Forget your home being your castle. Thanks to surging local home prices, your home is now your portfolio. How so? After giving…
May Reporting Roundup
Let’s take a look at today’s reporting on the May NWMLS numbers. First up: Home prices keep climbing by Mike Benbow of the Everett Herald: Home prices soared again in May, but that didn’t stop significant numbers of buyers. Sales last month did drop by 1 percent in comparison with May 2005, but they still…