CASH BUYERS ARE LOVIN’ THIS MARKET ~TLDR 30-year fixed mortgage rates are now at a whopping 7.2% Potential for rates to continue to climb even higher due to new tools […]

IS IT CHEAPER TO OWN OR RENT?! ~TLDR Renting a single-family house in Seattle is cheaper than equivalent mortgage cost. Mortgaging a Condo/Co-Op in Seattle is much cheaper than equivalent […]

GOLDMAN SACHS NOW REPORTING HUGE HOUSING CORRECTION IN SOME MARKETS! For the TLDR, just read the bullet points. Here is a quick synopsis for Goldman Sach’s Housing and Mortgage Monitor […]

  SEPTEMBER’S NUMBERS ARE IN – LET’S DIVE IN! Take a quick look at the charts below. Once you’ve given them a cursory scan, continue reading further, and I’ll unpack […]

MORTGAGE RATE AT 15-YEAR HIGHS! TLDR: Interest rates go up, prices come down High-end properties will suffer the most Scoring a low mortgage is like wearing golden handcuffs At first, […]

NEW LISTING! + WILL PROPERTY INVESTING BECOMEA THING OF THE PAST? Be prepared to see my name on Soundview for the next few weeks! I’ve got a brand-new listing coming […]

OI! WHAT’S THAT BIG HONKIN’ THING ACROSS THE HIGHWAY? But first, a little pat on my back… Even the big dogs are finally starting to report on our cooling local […]

GIG HARBOR IS FEELING IT TOO ~TLDR Gig Harbor’s market inflection point happened in March/April Since March/April: Sales Price: decreased by -17% or -$148,250 Days on Market: increased by from […]

IS THIS THE BEGINNING OF THE END? No, probably not. But the recent spike in interest rates, coupled with falling mortgage applications, spell trouble for the independent mortgage industry and […]

HEAR YE! HEAR YE! More bad news about the housing market. The downtrend I have been writing about is here. I’d like to keep driving home this point, so you […]