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Does Homeownership Still Beat Renting?
Zillow, a real estate listing and analytics company, recently looked at the "break-even" time horizon for owning a house versus renting in a number of markets across the nation. "Breaking even" means the amount of time it will take for the cost of ow...
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Leasing Restrictions in Condominiums Are Still "Use" Restrictions
We wrote about the Filmore v. Unit Owners Association of Centre Pointe Condominium case in a prior blog post, when the Washington Court of Appeals issued its decision in the case. The court of appeals ruled that, based on the language of the Washingt...
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Housing Crisis in Central Oregon—What a Difference Five Years Makes
Central Oregon's residential property values rose faster in the mid-2000s' housing bubble and fell harder in the 2008 crash than those in other Oregon areas. Bend, especially, has been a boom-and-bust kind of town since at least the late 1970s. The b...
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Neighbor Loses Right to Use Driveway: Part II
Last year, we wrote about the Gamboa v. Clark case, in which Division III of the Washington State Court of Appeals set a high bar for proving the existence of prescriptive easements. A prescriptive easement arises when one openly and adversely uses t...
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Back in the Bubble?
It has been close for a few months, but Seattle house prices and full-on seller's market are now confirmed in this report from the Puget Sound Business Journal. Prices are now all the way back to the 2006 peak with no indication of slowing down....
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Millennial Myth-Busting
After years of media speculation and pundits declaring that the millennial generation is so very different and may never own a car or a house, changing all business and real estate markets, Globe.st.com shares some actual research data showing that t...
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