Seattle Bubble

Looks like the City of Seattle is getting in on some of the home “owner” bailout action.
The City of Seattle is offering a helping hand to homeowners facing foreclosure.
The pilot program would offer $5,000 loans to 40 families.
Wow, $5,000, huh? That will let some overstretched buyer keep making their adjusted-ARM payments for about… six [...]

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A couple of national outlets have had interesting stories about Redfin in the last few days. Since you’re not likely to read about it in the “we pretend Redfin doesn’t exist” local agent blogs, I thought I’d highlight them here. First up is a New York Times story that claims the bursting of [...]

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As you may have noticed, I have switched the layout for Seattle Bubble over to a new design. The motivation for this move was to reduce clutter and make the site easier on the eyes.
If you have any problems, comments, compliments, or any other thoughts about the new layout, please air them here, or [...]

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Home prices in Seattle continued their slide in November, according to the latest data from the Case-Shiller Home Price Index.
Down 1.43% October to November.
Up 1.77% YOY.
That’s the fourth month-to-month decline in a row, and a year-to-year increase of barely more than half of October’s already paltry 3.30%. Here’s the usual graph, with L.A. & [...]

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Everybody’s pal Christine Gregoire gave a pep talk to the Washington Realtors last week in which she made some interesting comments.
Gov. Chris Gregoire told about 400 Washington Realtors on Thursday that she has been working to meet goals the group has for transportation, affordable housing, education and quality of life.
Gregoire, who spoke a day after [...]

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