with Crystal, the pretty pink pony Hey gang, it’s me again. Just wanted to update everybody on our big road trip. We’ve seen lots of places all across the country. It’s fun seeing new places. It’s like, as exciting as you can expect places outside of Seattle to be, anyway. January 2: Happy New Year…
Tag: “Seattle is special”
Lawrence Yun confirms: Seattle is Special
Picked this up from Aubrey Cohen’s blog. Lawrence Yun, Chief Economist for the NAR and well-known real estate seer has confirmed what our local press and real estate folks have know for years: Seattle really is special! It’s about jobs and Microsoft millionaires. Why didn’t we think about that?!?! Seattle a “superstar” market Seattle is…
Explore Seattle’s Sub-Prime Status
A couple people pointed me to a great article in today’s Wall Street Journal on the prevalence of sub-prime lending across the country over the last few years. The article discusses the surge in such risky loans, and the fallout that is already underway and likely to continue. The data suggest that financial suffering is…
Cramer vs. Shiller: Is Seattle Immune?
By now most of you have probably already seen the Today Show video from last week in which financial entertainer Jim Cramer stated the following: Don’t you dare buy a home now. You will lose money. Of course, real estate salespeople across the country were outraged by this, and pretty much immediately flew into frenzied…
Credit Crunch to Determine Who Flinches First
More words of wisdom from the P-I’s Mark Trahant, who seems increasingly out of place in the stubborn, denial-prone local media. I’ve been on vacation and had a chance to travel around the West. In many of the places I visited, concerns about a real estate crisis are growing. People are starting to fear what…