Tag: Uncategorized

A while back, a commenter made the following claim: What history tells us will happen is that prices will level off, and appreciation rates will reflect your average inflation rates (on average) until wages catch up with home prices and the fundamentals start to match back up. As most of you know, this scenario is…

Over at the P-I’s Seattle Real Estate Professionals blog, Gregory Wharton (identified as an architect and developer) is in the middle of a very detailed series of posts tackling the subject of—you guessed it—a real estate bubble in Seattle. In the next series of posts on the subject, I’ll investigate Seattle housing prices and associated…

As predicted, the slowing real estate market is beginning to affect other aspects of the economy in our state. The monthly jobs report from the state Employment Security Department often is full of seemingly contradictory data, but May’s report was even murkier than usual.…Beneath the confusing headline numbers, there’s considerable evidence for a simple conclusion:…

Proving that it is indeed possible to write a story about home price increases without resorting to overly enthusiastic quotes real estate cheerleaders and/or government beneficiaries, the Tacoma News Tribune reports on the 22% increased property tax valuations being mailed out to Pierce County residents this week: This week, the Pierce County Assessor-Treasurer’s Office will…

Sorry I’m a bit behind. I’ve had a busy weekend. This story was posted last Thursday, and while it might not directly relate to bubble issues, it’s still interesting to consider. Summary: McMansions in Kirkland may be getting out of hand . As Kirkland becomes a destination for new luxury homes — many taking maximum…