U.S. Housing Market Headed For Worst Slowdown In Years

by Prashant Gopal and Shobhana Chandra Bloomberg They were fed up with Seattle’s home bidding wars. They were only in their late 20s but had already lost two battles and were ready to renew with their landlord. Then, in May, their agent called. Suddenly, Redfin’s Shoshana Godwin told the couple, sellers were getting jumpy, even here…

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The U.S. Housing Market Has An Inventory Problem

The US housing market has an inventory problem By Myles Udland Yahoo Finance In April, existing home sales fell 2.5% to an annualized rate of 5.46 million. On its own, this is not a remarkable story. What is more notable is the persistence of a trend that has come to define the U.S. housing market…

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Tight Supply, Rising Prices Undercut U.S. Home Sales

Tight supply, rising prices undercut on U.S. home sales By Lucia Mutikani,Reuters WASHINGTON (Reuters) – U.S. home sales unexpectedly fell in January, leading to the biggest year-on-year decline in more than three years, as a chronic shortage of houses lifted prices and kept first-time buyers out of the market. The supply squeeze and rising mortgage…

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Speaking In U.W. Law School Small And Solo Practice Class

I was once again afforded the opportunity to share my experience with law students in the Small And Solo Practice Class at University of Washington School of Law.  The class itself is very pragmatic in terms of the nuts and bolts of creating, owning, and operating a small law firm.  In speaking with students my…

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Mortgage Rates Climb To A Nearly Four-Year Peak

US mortgage rates climb to a nearly 4-year peak By AP Economics Writer WASHINGTON (AP) — Long-term U.S. mortgage rates jumped this week to their highest level in nearly four years, a sign that the prospect of higher inflation is steadily increasing the cost of borrowing to buy a home. Mortgage buyer Freddie Mac said…

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Teachers Village In Newark

There’s a brilliant $150 million ‘Teachers Village’ in Newark from Yahoo Finance! by Melody Hahm Thu, Feb 1 12:56 PM PST There’s a luxurious 400,000-square-foot complex in downtown Newark with a consignment store, nail salon, fitness center and cupcake shop. At first glance, it might appear to be a glossy page out of a playbook…

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Seattle Is The Hottest Housing Market of 2017 In U.S.

The hottest housing market of 2017 Yahoo Finance by Amanda Fung Not only is Washington’s largest city home to internet juggernaut Amazon, it also holds the title for the city with the fastest-growing home prices. Since September 2016, Seattle has been leading the S&P CoreLogic Case Shiller Home Price 20-City Composite Index and has maintained…

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New Apartments Designed To Help Shrinking Middle Class

Bucking the luxury housing trend, $500M in new apartments designed to help Seattle’s shrinking middle class Originally published June 10, 2017 at 8:00 am Updated June 12, 2017 at 10:40 am By Mike Rosenberg Seattle Times business reporter Two Seattle firms are putting $500 million into building “workforce apartments” rather than the luxury units now…

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King County Bar Association Alternative Dispute Resolution Section CLE

I attended a Continuing Legal Education workshop for the King County Bar Association Alternative Dispute Resolution Section this evening regarding using mindfulness and willfulness to cultivate civility in relation to “other”-that which is different from our own experience or frame of reference.  The workshop focused on developing and using this skill in the mediation context.

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