Sally Bagshaw’s BIG IDEA in this morning’s edition of the Seattle Times: to house the homeless in tiny new houses to be built in 7 different districts of Seattle is THE worst idea yet. Yes, Seattle has a problem, and it is chronic. As with any illness, repeated attempts to treat symptoms usually offers little relief. Real healing does not occur …
Has The Market Reached A Tipping Point?
Have you ever invested in a stock that was labeled “hot” on the front page of a local newspaper? If you have then you are familiar with the analogy “that ship has sailed”. The local housing market is in a similar state. Local headlines have sellers feeling unrealistically bullish of late, and it’s not just about price. We are beginning …
Market Velocity
Market Velocity. What is it? The most important goal of every small builder is to insure that their product will be sold upon completion. The same principles apply to the resale of single family homes. Years ago, when I was representing a half dozen small builders’ speculative [“spec”] new construction projects, I endeavored to help them appreciate the importance of …
Senate Passes Mortgage Forgiveness Extension
One of the most important aspects of the Fiscal Cliff resolution is the extension of the “Mortgage Forgiveness Debt Relief Act”. What does it mean: if you short sale your property e.g., sell for $300,000 and your mortgage balance is $450,000, prior to the adoption of this act the IRS viewed that $150,000 difference as taxable income. The act (Sec 108) extends …
Wing Nut Attorney Buries Gold Bar…….Because She Can
Local legal phenom, ambulance chaser and nut job Ann K. Block and her two cronies, Tweedle Dee and Tweedle Dum have managed to take the tiny city of Gold Bar to its financial knees through rumor, inuendo, lawsuits, and most notably incessant records requests. Why? Apparently because the can. Wielding her blog http://goldbarreporter.com as the weapon of choice, Ann Block obsesses …
A Little Help From Our Friends
In this current frenzied real estate market it is difficult for us to answer all the questions folks have in a comprehensive and informative manner. To help us out we’ve enlisted the services of David Knox, renowned real estate consultant, instructor and investor. You may view any of David’s 7 real estate videos on our website at your leisure. Enjoy! http://penguinhomes.com/Videos.html
FREE Recycle Event Sunday, May 15th, 10:00AM – 2:00PM
LOCATION: 1200 112th Ave NE, Bellevue, WA 98004 SAVE THE DATE! Windermere Bellevue Commons and 1 Green Planet are holding a special recycle opportunity for our friends, family and clients. What can you bring? *Appliances-washers,dryers,refrigerators,etc. *Electronics-TVs, stereos, etc. *Scrap Metal, Machinery-circuit boards, etc. *Computers-PCs, printers,monitors *Batteries-car,computer,etc. *Medical Equipment *Ink & Toner *Cell Phones
Proactive Maintenance
Great article in Seattle Times this weekend. (Can’t believe I said that. Oh yea, it’s because it was copied from a reporter for the Denver Post.) Proactive maintenance is key to saving money as a homeowner. Something mentioned in the article is what we have recommended to homeowners for years: If you had an inspection performed when you purchased your …
Professional Knife Sharpening Includes Free Pick-up And Delivery
If you’re like us, you may have beautiful sets of carving and/or steak knives in your kitchen in desparate need of special attention i.e., they’re dull. If so, we happened upon a resource that you’re going to appreciate, AAA SHARPER EDGE. Based in Redmond, Eric Rose is the owner. Service includes pick-up and delivery. Eric just serviced all of our …
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.