Tag: Uncategorized

You may recall a few weeks back when I highlighted a sad example of bubble mania here in Seattle. Thanks to locally-based MSN Money columnist Bill Fleckenstein, that little stunt is getting even more attention. There was another sign of the times in “Bidders win unseen lands, discover they bought trouble,” a story in the…

Here’s an amusing tongue-in-cheek tidbit for you from the Seattle P-I: Contrary to popular opinion, housing is not expensive in the Northwest. As long as you’re astoundingly wealthy. That about sums it up for me. (Dan Richman, Bill Virgin, Seattle P-I, 08.29.2005) Seattle Bubble Tip Jar

The Olympian is reporting on both sides of the story with their latest report: Studies disagree on real estate’s future. According to a study produced by National City Corp., a financial holding company based in Cleveland, Ohio, home prices in the Olympia market were overvalued by as much as 18 percent. But a separate study…

Here’s another anecdotal example of the explosion of new apartments and condos being built in Seattle: Already across the street from Deano’s they have brought an apartment building with a Safeway and Starbucks on the ground floor.…Another building across the street — the site of the former Oscar’s II nightclub across East Madison Street at…

Though not nearly at the break-neck speed of housing, it appears that the cost of renting is slowly creeping up in Seattle: As the regional economy picks up and people from outside the area arrive for jobs, the overall demand for rented housing is increasing. In the Seattle area, rental rates have climbed by as…