A Visit from Hank Paulson ‘Twas the night before Christmas, when all thro’ the land Not a creature was stirring, not even Suzanne; Bad mortgages hung by the treasury with care, In hopes that Hank Paulson soon would be there; The realtors were nestled all snug in their beds, While visions of six percent danc’d…
Year: 2008
JPMorgan to Drop WaMu Leases Downtown
Here’s another WaMu update on a subject that will likely have a large impact on downtown’s commercial real estate scene: Seattle Times: JPMorgan dumping WaMu’s leased space in Seattle Seattle P-I: JPMorgan dropping six WaMu leases in Seattle From the P-I story: New York banking giant JPMorgan Chase & Co., which in September bought the…
Delistings Stabilized in November
Here’s the breakdown of homes on the market and homes that went off the market last month in King County (SFH only). While the number of delistings had been dramatically increasing year-over-year earlier since June last year—even reaching 200% YOY in April—the rapid growth seems to have leveled off, with November’s 1,758 delistings nearly matching…
Weekend News Roundup
Here are a few local real estate stories to kick off this snowy Christmas week. Aubrey Cohen, Seattle P-I: It’s refi — not buy — in Seattle’s housing market Unusually low interest rates have spurred a run of mortgage refinancings in the Seattle area, but not necessarily more home purchases. … Andrew Gledhill, an associate…
Poll: Would you delay a home purchase based solely on poor weather?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 12.27.2008.