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Uncategorized Monthly Stats for Seattle Hello All, here are monthly general stats for The City of Seattle. Let me know if you’d like stats for an area not included, or would like drill-down on data incuded.   
Uncategorized Cycle of Forclosures While simple, this "infographic" illustrates a relevant point about the power of modest appreciation. http://www.kcmblog.com/2012/10/12/cycle-of-foreclosure-about-to-be-broken/
Uncategorized Strategic Default Interesting data on the relative acceptance of "strategic default."  http://www.kcmblog.com/2012/10/10/strategic-default-32-believe-its-ok/ "The survey’s major findings: Almost 68 million U.S. adults (32 percent) believe homeowners should be able to strategically default on their mortgages without any consequences. 28 million Americans (13 percent) would likely strategically default on a mortgage. 36 million Americans (17 percent) know someone who […]
Uncategorized 4′ wide condo Odd to consider living here (4' wide condo). I fear art cars, shopping malls, and tight spaces; couldn't do it. http://online.wsj.com/article/SB10000872396390443684104578062692545921814.html?mod=e2fb
Uncategorized Downtown Condo Market   Found myself looking for solid good data re: the changed market dynamic since the winter/spring for 2BR condos downtown. I pulled the 2BR/2BA downtown homes selling between 02/05/12 and 04/05/12. I then pulled a similar data set for the three months ending today. Interesting: 2x sales volume, 6% price increase, nearly 2% higher Sales […]
Uncategorized Real Estate Analysis is Local This article reminds us that "real estate (analysis) is local." King/Pierce/Snohomish Counties: 5% year over year Decrease. Ouch. But…King County: 3.4% Increase. Seattle: 7.2% Increase. Medina: 10.4% Increase. Most Seattle Nhoods: 8%+ Increase. http://www.seattlepi.com/realestate/article/Seattle-area-home-values-record-biggest-jump-3875383.php#photo-913289
Uncategorized Keep your renter while selling? Wondering whether you should keep your single-family home rented while trying to sell it? Every situation is different, but…I keep thinking about a conversation I had yesterday with a friend/client. The punch line (me to him): "I would sooner list your property on Christmas Eve than list it with a renter in it."
Uncategorized Changing Seattle Waterfront I get a lot of questions about the changing Seattle Waterfront (not the Big Wheel, the real estate!). Here's an informative article: http://www.djc.com/news/ae/12044999.html
Uncategorized Great Rent v. Buy Analysis (adjusts for individual factors) Pretty in-depth and dynamic Rent v. Buy analysis from Trulia, including adjustments for interest rate/hold period/tax deduction http://trends.truliablog.com/2012/09/rent-vs-buy-summer-2012/
Uncategorized Recent Home Price Trends / Seasonality of Markets Though national in scope, this article provides good insight into current price trends, seasonality of sales, etc. Here in Seattle, it typically benefits a seller to have their home sold (under contract) by Thanksgiving. http://www.kcmblog.com/2012/09/10/lets-not-get-carried-away-with-home-price-increases/
Uncategorized Mortgages:15 or 30 year note? This is not tax advice! But, it is meant to cause you to think a bit about debt. Recently, I’ve been thinking about how the super fortunate among us are able to both “use” the bank and “be” the bank. Those of us who aren’t in that position need to determine how to best “use” […]
Uncategorized Home prices on the rise – even according to Case-Shiller… Good one on price improvement nationally and in Seattle; based on the Case-Shiller Index. Their "Seattle" analysis is remarkable because it as actually a 3 county (King, Pierce, Snohomish) number. Most of us saw the "Seattle proper" market improving long before the Case-Shiller index indicating the change. https://www.djc.com/news/re/12044437.html