As many of you are already aware, on September 7, 2017 Equifax announced the discovery of a breach of their systems that could potentially impact up to 143 million consumer records.
In a recorded message on a dedicated website, Equifax Chairman / CEO Richard Smith, provided a brief statement addressing the breach.
In that statement Mr. Smith says, “The company has found no evidence of unauthorized activity on Equifax’s core consumer or commercial credit reporting databases.”
Don’t Fear The Bubble
Those in the market for a home in the greater Seattle market area can’t help but notice a half million dollars doesn’t buy as much house as it used to.
In the Seattle metro area, single-family home costs are up 13.3% from a year ago, and are rising at the fastest rate since the 2006 housing bubble, according to the Case-Shiller index. Nationally the home price growth rate is less than half of Seattle’s, at 5.6%. There is no single factor contributing to the sky-high prices; instead, a quartet of circumstances have been pushing prices upward.
