I recorded an interview with KIRO news radio yesterday that might be of some interest. The days of buying a house for profit may be gone https://seattlebubble.com/blog/wp-content/uploads/2010/08/KIRO-2010-08-24.mp3 An excerpt: If you’re looking for an investment, consider stocks and bonds, coins or comic books. The days of buying a house for big profit might be gone…
Tag: Zillow
Shameless Plug: Vote for Seattle Bubble
Quick shameless plug. Zillow’s got a “best local real estate blog” poll going on until noon today. Somehow Seattle Bubble is getting toasted right now. It would be nice if that were not the case. That is all. Thanks! [Update: Should have jumped in sooner. Still came in third. Oh well! Thanks for voting!]
On the Horizon: A New Bubble or a Long Flat Bottom?
CNN Money asks: Is a housing shortage coming? (Short answer: No.) As the nation struggles to shrug off the worst housing crash since the Great Depression, it may be hard to believe a housing shortage could be on its way. The nation is simply not building enough homes to keep up with potential demand. Just…
Video Two-Pack: Pent-Up Supply & High End Condos
Here are a couple of videos for you today. First up, Zillow Chief Economist Stan Humphries on Yahoo News: Here’s the money quote: We think that the amount of pent-up supply that we have of people on the sidelines, combined with the amount of foreclosures that we have, combined with the current negative equity rates…
PNWHS & REBarCamp Audio Pencasts
For anyone who is interested in listening to some straight audio from yesterday’s PNWHS event and one session from today’s REBarCamp event, I present the pencasts below. Lennox Scott’s rousing main talk begins on page three of session 2. Float over the number in the lower-right of a pencast to jump between pages, then click…