First, I’d like to thank Tim Ellis for inviting me to discuss housing and escrow topics on this blog as a guest. Being that many readers of this blog want to demystify home ownership and aspire to become homeowners in a meaningful way, my hope is that our collective experience (wife and I) will be…
Tag: Uncategorized
Rents Predicted To Rise… Still
A number of readers pointed out an article in yesterday’s Seattle Times about “multifamily housing” (apartments) that’s full of the usual pep-talk and rah-rah-speak claiming that prices have nowhere to go but up, up, up, and isn’t that just wonderful! With apartment vacancy rates declining and job growth increasing, real-estate investors are snapping up properties…
Washington Population Up 120,000
Considering that today is a big holiday and all, hopefully most of my readers are out doing fun things with family and friends, not glued to a computer monitor like… um… I am right now. There are a lot of good stories to talk about, but due to the holiday I’m going to restrict myself…
Seattle Schools Look To Cash Out
The Seattle School District, about to close the doors of a handful of schools has realized that now may be a good time to get in on the real estate action, before it’s too late. Evelyn Tapsak drives past the old Magnolia Elementary nearly every day, and what she sees confounds her — a big…
Signs Of What’s To Come?
Click to enlarge A number of readers pointed out these comments by Bainbridge Island portfolio manager and part-time prophet Carl Haefling (who I admit I’ve never heard of): It takes time for the housing market to fully unravel, we are in the early stages of stage 1. Stage 1 is where the market begins to…