What with the Case Shiler report out for January…does anyone still remember January?…I thought to brighten your day with a little humor.
And the results are, sales are down and prices are down. And the understood position of the paper and reporters seems to be that this is all a bad thing. I don’t know about you, but I remember 2003-2007 when … Continue reading
In the Sunday Times this week in the business section we find an article on a new money making scheme developers in Seattle are promoting. Tiny ‘pod’ rooming houses spreading is an article about increased construction of multi-unit buildings with … Continue reading
CNN Money writer, Les Christie yesterday in Renew your lease – rents could rise 10% predicted a stunning change for the nation. He says that vacancy rates have dipped below 10%. He quotes Peggy Alford of Rent.com who says that … Continue reading
You might want to check out this video. Have a fun day.
A colleague with data skills broader than mine just posted a piece on the rising cap rate of recently sold Seattle multiunit properties. Many investors were caught in too aggressive position when the market tanked in 2007. They were investing … Continue reading
In the Sunday paper today I shied away from the real estate section in favor of the business news. There was and article on taking vs. not taking Social Security benefits at age 62 and then the Chuck Jaffe article … Continue reading
