It doesn’t happen very often, but sometimes we observe someone paying too much for a property. How much is too much? Try $200,000 over what should be an $825,000 property. That’s right, we have silently observed a buyer paying $1,025,000 for a home close to our own which, even in the best of times, might have pushed $900,000. It is …
Bubble-Proof Seattle Among Top 5 by CNN.COM-Business 2.0
Local buyers and sellers alike should take note of this report from CNN: “5 Bubble-Proof Markets” Seattle is the newest to join this elite group. Part of the reason is the shortage of land, which won’t change soon, given yesterday’s defeat of Initiative 933.
Reining In Mortgage Interest Write-offs
Referencing the Seattle Times article Tax-legislation Plans Bound To Surface Next Year, it is easy to at first dismiss the headline as so much typical legislative money hunting by elected officials. But upon complete review, some good points are raised by Ken Harney, syndicated columnist to The Times. Case in point: when homeowners pull more than $100,000 in equity out …
Star Powered Properties by Forbes.com
We love to share some the real estate news we come across. Forbes.com wrote this fun, informative article about the latest trend in property promotion: attaching the name of stars such as Martha Stewart, Shaquille O’Neal, Jade Jagger and Nicky Hilton to residential projects in order to increase traffic and interest.
The World’s Most Expensive Islands by Forbes.com
Ever wonder where the truly rich go to get away from everything? Ever think that if you won the lottery you’d buy your own island. Sara Clemence of Forbes.com did a great article on the world’s most expensive islands back in March of this year. It’s a fun read and the pictures are awesome.
Tell Us About Your Home Selling Experience, For Better Or Worse
It seems every home selling experience is as different as the people involved. So tell us, and the world, how your home selling experience went. It doesn’t matter whether or not we were involved. We want to learn from your experience, and share your experience with others that follow our blog.
Tell Us about Your Home Buying Experience, Good Or Bad
This is the place to tell us, and the world, how your homebuying experience went. Whether we were involved or not, it doesn’t matter. We want to hear your story, good or bad. We hope to learn from your experience, and perhaps you will educate many potential homebuyers.
Housing Bubble? Ken Harney Doesn’t Think So. Neither Do We.
For several weeks/months we have asserted that there is no housing price bubble. The media, in general, has inaccurately portrayed the slowing market as sign of a meltdown. Kenneth Harney, syndicated real estate columnist for The Seattle Times, is a lonely voice of reason in the media. He’s right on! His 10/15/06 article sets the record straight on all issues/concerns …
What’s Hot In The Kitchen: The Latest From Forbes.com
Have you been considering a kitchen remodel? Even if you already have a Viking Range and a Sub-Zero, there are new items that fall into the “to die for” kitchen appliance category. Lucy Maher at Forbes.com does a nice job of presenting the latest technologies for the kitchen. Wait ’til you see the kitchen sink/dishwasher, or the refer/oven. Very cool …
Rare Kudos to Elizabeth Rhodes-Seattle Times Home Forum Article 10/1/06
It is a rare occurrence, but this week we tip our respective hats to Elizabeth Rhodes for an excellent, insightful response response to a reader’s question regarding “suicide loans” and the impact they may have on the market. The reader, as many people have inquired of us, wonders if there will be a bounty of foreclosed properties properties to choose …