Home price bounce will help boost economy but it will take time

Home price bounce will help boost economy but it will take time

The ongoing rise in home prices, up for the sixth month in a row in July according to a widely followed index, is bringing some badly-needed support for an ailing U.S. economy. The road back to economic health, though, is going to be a long one. U.S. single-family home prices rose in July, though the improvement was […]

New Report Says Buying is Cheaper than Renting in Seattle

New Report Says Buying is Cheaper than Renting in Seattle

Buying a home is way cheaper than renting in all 100 of the nation’s largest metropolitan areas, including Seattle, according to a new report. The average home ownership cost in the Seattle area is $978 a month, 42 percent lower than average rent, the real estate company Trulia reported. Nationwide, owning is 45 percent cheaper than renting. […]

Seattle Foreclosures Rising Faster than Nation

Seattle Foreclosures Rising Faster than Nation

Foreclosures rose dramatically faster in the Seattle area than in the country as a whole in August, according to a new report. King County foreclosure filings in August were up 32.2 percent from July and 34.2 percent from August 2011, the foreclosure data firm RealtyTrac reported. The nationwide total rose just 0.8 percent from July and fell […]