Archive for the 'Market Comments' Category

The Value of Home in Seattle’s Changing Market

My husband won a 20 lb turkey in a drawing. Turkey isn’t traditional in Sweden and I’d never cooked my own. Thanksgiving Day dinner featured gumbo at my brother’s house so two days later we cooked a turkey dinner for friends. As we were shown how to cut the bird, rave reviews flowed between sips of 2003 [...]

Read More..>>

Your Million Dollar Condo - Decisions! Decisions!

This issue I promised to share info about our luxury condo market, more precisely our over $1M condo market. I haven’t yet tired of looking at or showing these homes. Sometimes my work is so difficult. <sigh> In fact, this photograph is from a $10 million dollar condominium in downtown Seattle. It is luxury - [...]

Read More..>>

The Real State of Real Estate in Washington State - through the eyes of a Loan Officer

Firstly, a quick note of appreciation for our very own Denice Rochelle. The stoic Eleanor Roosevelt (whom you remind me of with your spirit of giving and willingness to help others ) said, ‘Yesterday is history, tomorrow is a mystery, and today is a gift; that’s why they call it the present.’
Thank you Denice for [...]

Read More..>>

ACORN Helps Homeowners Maintain Home Ownership

The Association of Community Organizations for Reform Now (ACORN) reports that Washington state has the 18th highest foreclosure rate in the country.
Foreclosures on subprime mortgages are at an all-time high. A situation fueled by adjustable rate mortgages sold in recent years. Rates are now adjusting, or recasting, and loan payments are increasing 10% to 50% [...]

Read More..>>

Don’t Borrow Trouble — a smart campaign

I was warned about this two years ago, sitting in an uncomfortable chair in a chilly meeting room in Kent. I needed continuing education hours to renew my real estate license so I took a $10 class by a highly-recommended Stewart Title officer. During the class our instructor described a road map of what we’d [...]

Read More..>>

Tumbleweed Tiny House Company

Since 1997 Jay Shafer has been living in houses smaller than some people’s bathrooms. He called the first of his little hand built houses Tumbleweed. Jay’s decision to inhabit just 100 square feet came from some concerns he had about the impact a larger house would have on the environment and because he just did [...]

Read More..>>

Cuteness Cannot Be Contained

Being a native, I can say that Seattle’s a pleasant, sensual place to live with a natural environment that promotes an active lifestyle. It’s no secret that small business owners here struggle with taxes and healthcare expenses. However, the IT industry is thriving here and our economy is strong thanks to large technology companies like [...]

Read More..>>

Foreclosures rise in the US

There’s a steadily stream of media coverage about the rise of foreclosures in the US and the sub-prime lender blunder. CNN, NPR, local news, newspapers, blogs and such provide a variety of perspective and speculation.
I recall a real estate continuing education class I had with someone who has been in the Title business for something [...]

Read More..>>

Nosey Parker

Have I got some gossip for you! There was a segment on NPR that made me go into one of my animated invective outbursts. It was a piece about the softening real estate market and what Centrex Homes is doing in Southern California to fuel the embers. They hired actors to play a “family” living [...]

Read More..>>

Local Sellers and Buyers

If you follow national news you’ve undoubtedly heard the housing market is either a URB (unidentified real- estate bubble), hot as Hades, or crumbling into a powdery mess. Well let’s not panic, well, unless you own property in Detroit maybe. There is a national slow down and there are a few geographic pockets showing swings; [...]

Read More..>>

Close
E-mail It