Here’s a roundup of some local real estate stories that came out this weekend. The Times and the P-I give Redfin some free advertising by covering their list of Seven Tactics for Selling Your Home. According to the Times, local builder Quadrant Homes (owned by Weyerhaeuser) is impervious to the housing market slowdown. From the…
Tag: Seattle_Times
Seattle Delightfully Immune to Housing Downturn
Another day, another syndicated Associated Press article reprinted in the Seattle Times with an abundant dose of rah-rah local cheerleading awkwardly thrown in by Elizabeth Rhodes (additions in italic): U.S. home prices drop for quarter; not so here. U.S. home prices marked a quarterly decline for the first time in 13 years in the third…
Link Roundup: Condos So Bright, I Gotta Wear Shades
While I was enjoying a relaxing weekend with my visiting brother-in-law, playing a copious amount of Xbox 360 and Wii games, the local press was going into overdrive with the real estate booster articles. It’s not worth my time or yours to have separate posts for each of them, so here is a link roundup….
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…
“If middle-class people cannot afford middle-class homes, it’s because they are overpriced.”
There’s a decent editorial in today’s Seattle Times: Wages stick to the floor. While I strongly sympathize with the difficulty that middle-class people have buying homes in King County, subsidizing middle-income housing just makes no sense… …the tax burden for subsidizing middle-class housing would be borne mostly by the middle class. In addition, subsidizing middle-class…