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Posts made in October, 2007

  • Suze Orman Sells Seattle

    October 23, 2007 /
    Dennis S. Pearce /

    How’s that for a catchy headline? Well, if you’re a follower of Oprah, you might have caught the reference. In a recent show, which aired 10/18/07, Suze dresses down a California couple whose lavish lifestyle has driven them off a financial cliff. As she outlines her prescription for their recovery (a process she refers to as financial detox), Suze's suggestions take an unexpected turn toward Seattle. “Suze's final step is the most drastic. Suze tells Felice and Phil they must sell their California home and move to Seattle, Washington. With a booming housing market and high-tech industry, Suze says Seattle is particularly well suited to both Felice and Phil's strengths—Phil is a computer contractor and Felice was once a mortgage broker.” Now, if you live in Seattle, you probably aren’t surprised to hear about yet another Californian preparing to migrate to our fair city. But this isn’t just another LA escapee; this is Seattle as a recipe for financial survival. And if you’re in the market for a Seattle home, you’re probably wondering why Seattle would specifically be mentioned by any responsible financial consultant - and particularly one of Suze’s national stature. Given the “Subprime Meltdown”, the “Mortgage Morass”, and…Read more