Feb 23
While experts continue to warn that housing has not yet hit bottom, a slew of indicators suggest otherwise. The latest is a stellar quarterly earnings report from Home Depot, which is benefitting from hopeful owners sprucing up for the spring selling season. Among other hopeful signs The job market is improving. Last month, unemployment hit …
Jan 30
Warren Buffet is seen by many as the greatest investor of our time. When he speaks, people listen. Like anyone else in his position of influence, he is criticized by some for using his bullhorn to promote his own business agendas at times. That makes it very interesting when we occasionally learn of how he privately …
Sep 21
It has been a trying time for most segments of the real estate industry. However, two areas that are showing improvement are the luxury home and vacation home markets. It seems that people in these segments are again beginning to purchase. Vacation Homes Last week Market Watch published an article discussing the vacation home market. Dan White, …
Nov 06
The new reality: some sellers get it and… Problem: There are a ‘lotta-lotta’ homes for sale—and, they stay ‘For Sale’ a long time. Average days on market for King County ranged between 102 and 175 the past three months. To put that into perspective, October 2005 averaged 37 days on market. To buyers’ advantage, nearly …
