Archive for August, 2005

Hurricane Katrina destroys more than houses

Our homes are much more than mere shelters. Our homes are the repositories of our history. They are our personal archives. They are extensions of our personality, filled with acquisitions both meaningful and meaningless. Our homes are our castles, our shrines, our very selves. We think of our houses as sturdy, solid, permanent. Even those of us who use a house only as a place to store food and to rest our heads when sleep calls depend on our house to — at the very least — just be there at the end of our day.

My friends Ferne and Terry Kistner were able to evacuate New Orleans to Baton Rouge in advance of the hurricane, but their son Mark wrote me today that they don’t have much hope that their home remains, as it was not far south of Lake Pontchartrain, near one of the breaks in the levees. The Kistners are safe for now, but many of their fellow citizens haven’t been so lucky. In New Orleans alone, thousands are feared dead, and more than a million people will be displaced for three months or more. They may eventually come home, but many will not have homes to come home to.

I look around our own house at the acquisitions of a combined 82 years of life. I think I could do without much of it, but to be displaced from my neighborhood, my city, my routine, to have my future altered so dramatically… what would I do?

Tobias Wolff wrote, “We are made to persist. That’s how we find out who we are.” The residents of New Orleans, Biloxi, and the other affected communities will persevere and rebuild, because that is what humans do. At the moment, though, some of their most basic expectations of our modern life — fresh water, food, shelter, and communications — have been swept away. We are reminded how fragile our lives are, and we are reminded how much we depend on one another.

There are many fine organizations that are already on the scene offering what help they can. Money is what is needed most at the moment. The American Red Cross is probably best positioned to mount a massive response, and they do prefer you use the website for any donations. Other reputable organizations can be found at this list of websites of charitable organizations at the Daily Kos.

There are also several bloggers and other online sources of information. Nola.com has been an excellent resource. Also check out Metroblogging New Orleans, Kaye’s Hurricane Katrina Blog, the Hurricane Katrina page at Wikipedia, Eye of the Storm, Storm Digest, and the links here and here.

Finally, if you are at all technically inclined, there may be another way you can help. Geek blog BoingBoing let us know about efforts to use Google Maps to analyze flood damage. Read more here.

I have a cup full of Mardi Gras beads that I keep on my shelf, beads given me by Ferne Kistner as I made my way by road to Seattle. I crossed the bridge over Lake Pontchartrain, painted the town in the French Quarter, rounded the Super Dome by surface streets and Interstates where many now sit and wait for rescue. I’m holding those beads now as collateral against another visit. New Orleans, Biloxi, Mobile, and all the places in between: you are in our thoughts and prayers.

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ShackPrices.com - a powerful new online tool for evaluating comparable prices

Full Disclosure: ShackPrices.com was created by a friend of ours. We’d think the site was wicked cool even if it hadn’t been.

We’re pleased and honored to be among the first to let you know about a new online tool available to home buyers and sellers in Seattle and King County. ShackPrices.com uses an interactive Google Map to display historical sales data for area homes. The site is still in beta, and the authors warn that the sales data should still be considered “riddled with flaws and inaccuracies,” but the promise of ShackPrices is enormous.

When you first load up the site, you’ll see a map of King County with icons representing houses that have been sold in the area within the last three months. Using the drop-down boxes on the side of the page, you can customize the search criteria to your liking. Once the map has been refreshed, just click on a house icon to display the most recent sales date, the purchase price, and other vital statistics. Links in the dialog bubble also let you view the sales history, or send you off-site for more information about the property and surrounding area.

On the whole, ShackPrices.com’s interface is clean and intuitive, and the design is well thought-out. There are a couple kinks to work out, though. For example, the median price display on the top center of the page is confusing. It seems to reflect the median price of the houses displayed on the map, not necessarily the houses reflected in your search criteria. So if you zoom in on a house, the median price changes, a fact a casual observer might miss.

However, such glitches are to be expected in an early release of a new tool, and the main features of the site work beautifully. We hope you’ll take a few minutes to visit the site and leave the developers some feedback. We’ll be keeping an eye on how the site progresses. We’re sure that, in time, ShackPrices.com will become an indispensable tool for anyone in the market for a home.

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Coastal Community

If you’re looking to buy a vacation home, or simply want to leave the rat race of the city altogether, you may want to explore Seabrook, a “compact, cottage-style village” along the Washington coast, 18 miles north of Ocean Shores. Seabrook developer Casey Roloff’s vision of this community is based on the concepts of the urban planning movement, New Urbanism. New Urbanism’s principles include the creation and promotion of compact, aesthetically-pleasing, mixed use communities with walkable distances to shops, workplaces, schools and parks. Click here for more information about Seabrook from the Seattle Times.

For more about New Urbanism, visit the City Comforts Blog.

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Oh, it’s clever…

Image of Mr. Housing BubbleNow, we at Seattle Real Estate Talk don’t necessarily endorse the company selling this shirt, nor do we really buy into the whole housing bubble paranoia, but having grown up with Mr. Bubble Bubble Bath, this design just makes us laugh.

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Floating alternative transit ideas

Metroblogging Seattle points to this article in the Seattle Times. Seems that King County Metro is considering expanding foot ferry service around Elliot Bay, Vashon Island, Lake Union and Lake Washington.

Personally, I love this idea. There’s something very vibrant about cities that use the waterways to transport pedestrian traffic. I know it’s not very practical, but I’ve been wishing that there could be some small boats to hop along points in Alki, like the ones that serve Granville Island in Vancouver.

Aside from that, expanding ferry service across Elliot Bay and around the lakes could do much to reduce traffic congestion and stimulate restaurant business and shopping. Not to mention improving sales of Dramamine.

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Going once… Going Twice…

Another buyer beware story about buying properties at auctions, this time in today’s Seattle Times.

Remember, these properties usually end up on the auction block for a reason — they can’t sell under normal market conditions. So, before buying do your homework. If possible:

  • go see the land;
  • research the public records;
  • look for red flags such as the ones mentioned in the article; and
  • if it feels too risky, don’t play the game!

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Buying Foreclosed Properties

If you’ve been thinking about buying foreclosed, or soon-to-be foreclosed houses, here’s a good overview of the topic from last Sunday’s New York Times. The process of buying a foreclosed home is not for the faint-hearted. As the article illustrates, there are varying levels of risks and rewards. For example, at foreclosure auctions buyers often cannot see the inside of the house before purchasing and usually have to pay in cash. Read on to find out more about buying strategies and how to get the most return from your investment.

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Planning Seattle’s Downtown Development

Vancouver city planners hired by the Seattle City Council to review Mayor Nickels’ proposed zoning changes released a report yesterday with their recommendations for how Seattle can ensure healthy urban growth of the downtown area. The recommendations included “developing design guidelines to make downtown housing more family-friendly and crafting plans to ensure that local shopping, services and green open space are within a five-minute walk of housing.” Questions arose regarding potential fees developers would pay to help fund the amenities in a more family-friendly downtown. Although still in it’s beginning stages, the Vancouver consultants and City Council support the crux of the Mayor’s zoning plan.

Here’s the P-I’s coverage of the report, and a link to the planners’ report (580K PDF).

ACTION ALERT: Note that there is a public forum with city officials and the Vancouver planners next Monday, August 18, from 5:30 - 7:30pm at City Hall (600 Fourth Avenue).

We’d love to hear how you’d like downtown to develop. Please post your comments or email us.

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Mmmm… These links are delicious!

First, Louise and I would like to thank you all for stopping by and checking out Seattle Real Estate Talk. We’re working hard to post more frequently and to implement some other features that we hope will make this site a more useful resource. It’ll take us a little while to get up to full speed, but we really appreciate your keeping us on your browsing schedule in the meantime.

Second, I thought I would take a moment to explain the links that appear at the bottom left of our sidebar, under the heading “Del.icio.us Links.”

Del.icio.us is a free social bookmark manager, a place to store interesting web pages in a way that lets the rest of the world share in the benefit of your browsing serendipity. By using tags, or keywords, to categorize each bookmark, Del.icio.us users are creating a vast database of links. And by letting each other see the links, that database can help uncover useful information in a way that is quite complementary to traditional search methods. For example, check out the websites that Del.icio.us users have tagged with the words mortgage, home, and Seattle.

We’ve added a link at the end of each post to give you a shortcut for tagging any items on this site that may be of interest to you. In addition, we’ll be sharing the sites we come across by posting our latest Del.icio.us links at the bottom left of the sidebar. Note that we don’t necessarily endorse the views in those links, but think that they may at least hold some interest for our readers.

Finally, we want to know how to make this site more useful to you, so if you’ve got a suggestion, question, or complaint, please let us know. Just leave a comment here or click the “contact” link at the top of the page to send us an email.

Again, thanks for checking us out, and keep watching for more great tips, tricks, and links to the best real estate knowledge on the web!

Does Remodeling Pay?

I’m often asked by clients whether they should invest in remodeling their current home or sell it and “move up” to a bigger, better house. Here’s an article from The Real Estate Journal that addresses some of the finer points of that question. Keep in mind that the figures the article cites for recouped costs can vary greatly from one market to the next. A real estate agent can provide a market analysis of the current market value of your home, as well as an estimate of market value once remodeling is completed.

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