Fannie Giveth…and Taketh Away?
Couple of important Fannie updates recently: On the one hand, they are putting the breaks on foreclosure sales and implementing new policies to work with owners in default to try and [...]
Seattle Condo January Market Results
So the January numbers are in from the MLS. Below are some of the key stats comparing Jan 2009 to Jan 2008 numbers as well as Jan 2009 versus previous [...]
Urban Condominiums Report
I just received this press release from Urban Condominiums charting the performance of condos in Seattle over the course of 2008. The introductory comments are on the bullish side but the charts [...]
Seattle Condo Market Update
November numbers are in. Compared to last year, sales in all major Seattle neighborhoods were lower in November 2008 than they were in November 2007. The best performers were Belltown/Downtown with 27 [...]
Seattle Condo Market Update
October numbers are in. They could be worse but they aren't very encouraging. Seems like half of the buyers who might have been in the market decided to wait and see in [...]
Rental Prices Continue to Climb in Seattle
According to the Seattle Times, rents are up 10% over the last year and some analysts project rents to increase a further 17% by December 2010. The biggest demand is for [...]
Seattle Condo Market Update
The last two weeks have been a crazy time for the financial sector. We had Lehman Brothers file for bankruptcy, Merrill Lynch rescued by Bank of America, the federal government taking [...]
Comparing the Seattle & Singapore Condo Markets
I thought we’d mix things up with this post. Instead of focusing on the Seattle condo market, I thought it would be fun to talk a bit about the Singapore condo [...]
Mortgage News
I'm sure you saw this but just in case, last Sunday, the federal government stepped in to take over Fannie Mae and Freddie Mac. With sharp declines in home prices and [...]
Getting some broader perspective on the Seattle market
Even the most bullish Seattle real estate watchers will agree that the market has slowed dramatically versus a few years ago when sellers were reviewing multiple offers, comparing escalation clauses, and [...]