The Future of the Seattle Housing Market: As Gray and Dreary as a Late March Day

March 30th, 2011 by Marc

I’d love to think otherwise — indeed my business benefits from market activity, just like the business of every other real estate broker.  But my wishes are irrelevant — its the data that tells the story.  And right now, that story is looking like a real tear-jerker.  (more…)

The Burst Housing Bubble: Is the Media Overplaying the Crash?

February 4th, 2011 by Marc

First and foremost, I gotta give a big “shout out” to my friend and fellow Rain City Guide contributor, Ardell DellaLoggia, who actually made this very point in response to a prior post of mine. And instead of thanking her, I gave her a hard time. Sometimes bloggers can be real jerks… :-(

On January 21, the Seattle Times published an article with this headline:
Back to 2005 for King County Real Estate Prices
The article noted that, year over year, the 2010 King County median home value ($375k) had slipped nearly all the way back to the 2005 median price ($374k). OK, sounds significant. (more…)