All Posts

Thu, Jan 01, 2009

Ten new days on which you cannot...

To lower costs, King County announced that non-emergency personnel will have ten days of unpaid "furlough" in 2009. This includes the Recorder's Office. So, for what it's worth, transactions will not be able to close on the following d...

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343 Views, 0 Comments.


Tue, Dec 16, 2008

Interesting Times Part 1

May you live in interesting times... A curse and a blessing.  I've noticed people re-ordering their priorities.  Perhaps it's not about consumption. Enough of that. It seems to me that to do business today the buyer must perceive that t...

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335 Views, 0 Comments.


Thu, May 01, 2008

2008 Market Update --- First Qua...

Though it's much too early to draw any conclusions about 2008, in the 1st quarter there was a general retreat towards 2006 prices around the Puget Sound. Three exceptions: -Seattle condos which continued to appreciate by 2% -West Seattle ...

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590 Views, 0 Comments.


Mon, Mar 17, 2008

News that will save many buyers ...

Conventional and FHA loan limits have been raised to $567,500 in King, Pierce and Snohomish counties. Before this, if your Conventional loan amount exceeded $417,000 you were into a Jumbo Loan with higher rates...often over a full percentage point m...

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669 Views, 0 Comments.


Tue, Mar 04, 2008

Appreciation

So how much has Seattle real estate appreciated over the last five years? How good an investment was it really??? Annual median prices by neighborhood in the five years from 2003-2007: Total City of Seattle--- 49% from $315,000 to $469,000 W...

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648 Views, 0 Comments.


Sun, Feb 17, 2008

Seattle Area Update

Finally completed the annual market report that I've been putting out since the 90's. Some of the news was counter-intuitive. For example, not only did prices rise in 2007, they rose in the second half as well. Here it is... The Fillius Report ...

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607 Views, 0 Comments.


Thu, Oct 18, 2007

Disclosure Part II

Selling your house and getting it closed! The state legislature hath decreed that the buyer can not waive the right to receive certain disclosures. This means that even if the buyer waives the right to terminate the contract in writing, if there a...

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2061 Views, 0 Comments.


Thu, Oct 11, 2007

Disclosure, Statewide Forms & Al...

This last summer everything changed in real estate... for now. In Alejandre v. Bull, the Washington State Supreme Court ruled that short of proving fraud, a buyer does not have a potential claim for economic loss due to a s...

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1035 Views, 0 Comments.




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