Seattle Real Estate Market is Either "Tight" or "Distressed"

...depending on your subscription. Business Week is bullish about Seattle burning off its excess housing inventory, while Forbes says that foreclosures are gonna keep prices in the tank. Meanwhile, Seattle Bubble is building a Google map of construction projects that have stalled out. (The Weekly's Damon Agnos beat us to the "dueling national pubs" angle. We admit it. But what if you don't read the Weekly? What then?!)

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What does this mean? Do I buy or do I not buy?

Alright. Houseboat, Co-op 1 with bad lighting and sneaking a dog in, or Co-op 2 with no parking?

Are you Jimmy Buffett? If not, then no houseboat for you. No parking is a bonus. That means you can forget about having a car. Huge moneysaver.

Except that kills my side business of delivering gold bars around to all the rich folks around town.

Somebody reads the Weekly?

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