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Month: January 2009
Stock Market Crash Historical Comparison Update
I thought it would be interesting to post an update on the stock market crash graph that I first posted back in October. In the chart below I have graphed the crashes of 1929, 1973, 1987, and 2001 alongside the current fall, with the peak points aligned near the left. Each crash is scaled on…
Puget Sound Foreclosures Continued Upward Trend in December
Here’s your December update on Foreclosure activity in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: December 2008 King: 660 NTS, up 105% YOY Snohomish: 296 NTS, up 67% YOY Pierce: 578 NTS, up 79% YOY The graphs below are derived from monthly Notice of Trustee Sale counts gathered at…
Seattle Bubble Meetup Next Tuesday, Jan. 20
As some long-time readers may recall, a Seattle Bubble meetup is an idea we have tossed around in the past but haven’t ever followed through with. Well, an intrepid reader got tired of waiting for me to put something together, and has planned the first Seattle Bubble meetup for next week. Here are the details:…
Virgin: Maybe no bottom in 2009 after all
A couple weeks ago we mentioned a recent Bill Virgin column in which he sorta kinda called a bottom for housing (and the economy) in 2009. Well, a lot has changed in Bill’s world in the last few weeks, and his tune has changed slightly. Forecast of short recession looks shaky It is a sobering…