Seattle was mentioned today in this piece from CNNMoney. NEW YORK (CNNMoney.com) — Home price increases have slowed nationwide and even reversed in many markets. Inventories are up and new home builders are cutting back. More and more sellers are having difficulty selling their properties.…For some sellers selling their old home quickly is critical: They’ve…
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Failure to Launch
Thanks to msrelo for pointing out today’s article in the PI. “…living with mom and dad, or mom and dad-in-law, is just practical. The Gwinns are using would-be rent money to pay off debts and save up to buy into Seattle’s out-of-reach housing market. And they are not alone. While moving home with a spouse…
Redfin Is Pornographic
Fast Company Article regarding how digital maps are enhancing the user experience. “Traditionally, in real estate, you’d have to go to the county records office or the police station, and pore through dusty file cabinets, to get the information that a Web site such as Redfin.com can display in a couple of clicks. “We want…
Apartment Market Tightens: Panic, Ye Renters!
Yet another study was released this week that allegedly shows the local rental scene “tightening.” The apartment market continues to tighten in King and Snohomish counties, thanks to robust job growth and a trend toward converting units into condominiums, according to a new report from Seattle-based Dupre + Scott Apartment Advisors Inc.…Overall, landlords are optimistic,…
Seattle Bubble Announcements
I’d like to welcome Chad (aka synthetik) as the latest to join the Seattle Bubble team. He brings a unique perspective to the blog, and I’m looking forward to some of the posts he has in the works. Additionally, I’d like to announce that for at least the short-term future, I’m turning off anonymous commenting….