Old housing boom forever gone. Kaput. Over.

The. Old. Housing. Boom. Is. Not. Coming. Back.

Could borrow $2 billion, but not…

“I could borrow $2 billion tomorrow for 3 1/2 percent. But what am I going to do with it?”   David Speer, CEO of Illinois Tool Works. Further words of wisdom from Mr. Speer: “It took us a decade to get in the ditch we are in. There isn’t going to be instant gratification to get …

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Today too many homes for sale… Tomorrow an undersupply of homes?

Tired of hearing, “Now’s the best time to buy a home”!? Well, according to some economists, the ‘now’ is definitely better than it will be a couple of years down the road. A housing shortage ahead?! Oh, give me a break! Errr, ahem… Actually, what are you saying?!

Rents in Bellevue and Seattle – a look at the last 12 months

It’s cheaper to rent in Seattle than in Bellevue…

Rental listing sites are booming

Home rental sites, Airbnb.com, HomeAway.com, and Craigslist are enjoying an increase of listings from home owners.

List prices drop on homes for sale; buyers have upper hand

U.S. mid-summer list prices drop as sellers fear another ‘dip’ in home prices, according to the real estate site, Trulia.

Buying ‘bank-owned’ foreclosure… lots of addenda!

Bank-owned home sales are ruled by extensive addenda crafted by the lender-seller.

Q1 Foreclosure rates continue to haunt a stumbling real estate recovery

Foreclosures continue to haunt the real estate market as more homes become seriously delinquent (more than 90 days in foreclosure) in the first quarter of 2010.

Seattle Foreclosures still on the rise

The good news: The number of people facing foreclosure is nearly flat from a year ago. A third fewer people are receiving legal warnings that they could lose their homes. And foreclosures are receding in some of the hardest-hit cities. Ooops: But not in the Seattle area. Seattle bucked the national trend, with foreclosure filings in …

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Foreclosures lure gold-diggers…

The scene unsettles some. Yet, as one analyst says, these are unique times. Yes, very, very unique times… Perhaps the best way to describe it is: The Wild West Rises Again.  Look closely and you’ll see investors avidly searching for gold in the wreckage of the mortgage crisis and riding high astride those wild west horses. Some …

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