Seattle Bubble

Over at the Bubble Markets Inventory Tracking blog, they’ve got an ongoing series titled “If Only I Waited,” where they highlight purchases in which a home is sold (or for sale) at a significant discount to recent sales in the same neighborhood.
For the first time, the Seattle area has been featured, with a pair of [...]

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Remember back in the dark ages, when Seattle Bubble was chained down to Blogger, and therefore didn’t have any way to add cool things like sidebar inventory trackers and built-in polls? Despite these archaic limitations, way back in August of last year, we managed to squeak out a poll. Lots of things have [...]

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Please vote in this poll using the sidebar.
This poll will be active and displayed on the sidebar through 10.06.2007.

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Today I was shopping for a large capital expense item for the office and met with a software vendor and the owner of a hardware dealer up in the Everett area. The software vendor was showing his wares in a presentation and his accent was thick. Obviously the gentleman was from Britain. [...]

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Here’s the latest from Aubrey Cohen over at the P-I: Mortgages harder to get for local borrowers
Lenders who previously approved mortgages to people with bad credit, no down payment and little or no documentation of income now are refusing loans if even one of those three factors is questionable. This is true even in Seattle, [...]

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The prediction (emphasis added):
When July’s housing stats came out last week, the most confusing piece of data was that despite skyrocketing local inventory and tightening lending across the nation, the median price still jumped up 2.3% from June, bouncing back into double-digit YOY territory at a 10.6% increase since July 2006.
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I believe that almost all [...]

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