Good News, Bad News, All Over Again

Eric Pryne in an article in the Seattle Times today had some news. The office-vacancy rate in Seattle dropped a little over the past three months. If you own an office building downtown, an apartment building or are a seller … Continue reading

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Roosevelt/Ravenna Market Report March 2011

Ravenna-Roosevelt March 2011 Market Report There were 8 closings of residential property in the Ravenna and Roosevelt neighborhoods of Seattle during March. That is up from 5 last month and reflects that more of the 19 pendings from last month … Continue reading

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The Bubble? What Bubble

What with the Case Shiler report out for January…does anyone still remember January?…I thought to brighten your day with a little humor.

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Good News From TBWS

Frank and Brian report today that it’s likely a judge will rule against a program in the lending industry that will reduce the number of lenders out there and make home loans more expensive to the consumer. What congress was … Continue reading

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More National Statistics Are In

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

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Apodments: Give me a Break

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

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Rents to Rise? How So?

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

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Going Somewhere for St. Paddy’s Day?

You might want to check out this video. Have a fun day.

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Multiunit Investing Viabile Again

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

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What Animal Are You? Or, Do You Follow the Herd?

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

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