Seattle Real Estate:

As I was reading the headlines this morning I noticed that Seattle made Forbes Top Ten List for Recession Recovery. Here’s what they had to say:
Seattle-Tacoma-Bellevue, Wash.
Current GDP: $168.3 billion
End of 2010: $179.8 billion (projected)
Unemployment: 8%
Although battered by recession, the Seattle area’s high-tech economy is poised to start growing again. Moody’s estimates the economy will [...]

Summertime officially reached the Seattle area this past week - sunny days, high temps, and the warm weather chorus, “Are we there yet?”
You might be hearing that all too familiar query from the backseat…but as real estate practitioners, we’re hearing it from all corners. The answer?  In my opinion and in a word…no.
I’m willing to [...]

Now what do we do?  Granted, crummy is a relative term.  Compared to other areas, our market seems absolutely peachy.  For some - sellers who want the darned house sold already - it feels like the pits. 
What do we mean by crummy?  Upside down home owners, wannabe buyers without a big enough down payment, job [...]

I’m a fan of the Puget Sound Business Journal.  Here are a few of the interesting tidbits from this week.
This is qualified good news:
Seattle area job growth near nation’s top, says federal report
A real estate market that fares as well as can be expected is not possible without this piece of the puzzle.  If Seattle [...]

From time to time we’re all destined to be disappointed by our trade organizations.  What worries me, as a Realtor, is that the space between time and time keeps getting smaller.  The National Association of Realtors is a huge organization.  They do a lot of good things but I’m getting seriously concerned about their political [...]

So, this post is related to the housing market only in the sense that it’s part of the broader economy.  David Walker, former Comptroller General of the US, has been trying to get the word out about the mess in the market now for a few years. 
Here’s a link to a recent article written by the distinguished [...]