Thursday, September 14, 2017 / by Christine Robertson
Nobody knows whether our Seattle market is in a bubble because that kind of thing is impossible to know.
Are we in a bubble? Will prices be coming down in our market soon?
In reality: I don’t know. The truth is, nobody knows. We’d all be better off if we didn’t have to answer this question because nobody really knows the answer. As famed economist and diplomat John Kenneth Galbraith once said, “The only purpose economic forecasting has is to make astrology look respectable.”
You’re not going to know if and when we’re at a peak in our market. You’re never going to know because it’s not possible to know.
I was on my annual ski trip this past winter with some friends when, as luck would have it, I got a chance to speak to a retired economist from the Federal Reserve about this subject. As a Realtor, I thought this was a golden opportunity. The man told me something very interesting. He said, “If ...
Thursday, August 31, 2017 / by Christine Robertson
I recently had the privilege of interviewing the Market Manager at the Vashon Island Growers Association, Caleb Johns.
During our interview, Caleb began by telling me about the history of The Vashon Island Growers Association, and how he became involved.
The Vashon Island Growers Association (VIGA) began in the 1980s as a small farmers market. By the 1990’s, it grew so much that it needed a new location. After 27 years, VIGA still stands at The Vashon Village Green and continues to flourish.
Caleb’s journey with The Vashon Island Growers Association began eight years ago, after moving back to the island. As intriguing as the position was at the time, he’ll admit that he wasn’t quite ready to take on such a big role. When the position reopened four years later, Caleb knew the time had come, and after a short conversation with the President of VIGA, he was absolutely convinced.
He then goes on the explain that The Vashon Island ...
Thursday, August 03, 2017 / by Christine Robertson
If you’re a seller, when should you do your own pre-inspection? Well, if you aren’t 100% certain you’ll be getting multiple offers, it is always a good idea.
What are the advantages and disadvantages of doing your own pre-inspection?
The truth is, there’s one condition upon which you should base this decision when selling your home. If you aren’t 100% certain you’ll be getting multiple offers, then it is a good idea to do your own inspection.
In cases like these, doing your own inspection before you list can have some huge advantages. A major concern I hear from sellers who are considering doing this is the fear that they’ll find something wrong with the house and need to disclose it.
This is absolutely the case. But, what people often forget is that the buyer will always find out about problems with the home anyway. Whether you do the inspection before listing yourself or the buyer has one conducted, any issues in your ...
Monday, July 24, 2017 / by Christine Robertson
For a few Vashon mortgage applicants, next week may see a one-time favorable change in how
they are viewed by home loan lending institutions. It’s a technical change that could amount to a
significant difference in the results they get when they apply for Vashon home loans.
The first evidence of what the Washington Post calls “a surprise boost” will be triggered on
Saturday, which marks the July 1 beginning of a changeover in the information gathered by the three
national credit bureaus. Equifax, Experian, and TransUnion have been working with a number of states to
handle an awkward technical problem: many states have outmoded computer reporting systems that result
in “troubling error rates” in official public records.
Translation: they’re frequently outdated, scrambled, missing identity information—just plain
The data in question—tax liens and monetary damages from civil court judgments—has too often
Thursday, July 06, 2017 / by Christine Robertson
When Melinda Powers came to Vashon Island more than 14 years ago with the vision of opening a restaurant, she could never have predicted that her business would become the heart of the community.
The Hardware Store Restaurant on beautiful Vashon Island is the core of Main Street and the heart of the island itself. I recently had the privilege of interviewing the owner: Melinda Powers.
She wanted to share her take on the restaurant, the island, and what is behind it. During our interview, Melinda began by telling me that she never anticipated she would be in the position she is today.
Back in 2003 when The Hardware Store went on the market before becoming what it is today, everyone was wondering what would happen to this big building. The island didn’t really have many restaurants at the time, so the idea to open one had always been in the back of Melinda’s mind.
After owning an interior design firm in Arizona for 25 years, Melinda had only recentl ...