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Article from Inman News reporting that the FHA will continue to fund purchase transactions for recently “flipped” homes. More interesting to me is the number of buyers who are interested in purchasing such homes. In my experience, during the first couple years of the downturn, buyers were wary of flipped homes, didn’t want to pay […]

Interesting data from PSBJ on the strength of the apartment market in Seattle. I was interested in the 2nd to last paragraph, suggesting that 60% of the currently proposed projects will be built. (I’ll be further interested to see how many of those units convert to condos if we see a lack in supply in […]

Reminder: You are likely responsible for public safety there.http://www.king5.com/weather/winter-weather/Who-is-supposed-to-shovel-and-maintain-Seattles-sidewalks-137454878.html

Found myself thinking again this morning about the old sentiment that “Cash Is King,” and how that is only sometimes true in real estate. One place it can be: Foreclosure Flipping. Basically: Person purchases with cash at foreclosure auction, but already has a buyer for the property they don’t yet own. Once they take title, […]