Seattle Bubble

News & discussion about real estate & the housing bubble in the Seattle area.

Seattle Bubble - News & discussion about real estate & the housing bubble in the Seattle area.

Entries in Category 'Opinion'

Stare Down: who blinked first? The loan officer or the borrower?

April 2nd, 2008 · 26 Comments

You know the drill. You and your siblings pile in your parent’s 1982 Chevrolet station wagon for the long 10 hr. drive to the summer vacation hot spot. Lots of games took place and many were invented to pass the time: Hold your breath through the tunnel, Stratego [...]

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Categories: News · Opinion
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Bill Virgin: Homeownership has been oversold

March 27th, 2008 · 44 Comments

Over at the P-I earlier this week, Bill Virgin chimed in on the housing mess again with yet another well-reasoned column: Homes are good investments, not slot machines or ATMs.
In the great American sport of finger pointing and blame shifting, a new villain has emerged to explain the mortgage-finance crisis.
The fault, it turns out, lies [...]

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Categories: Opinion
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Snohomish Co. update & thoughts

March 26th, 2008 · 19 Comments

Sorry no stats or graphs from me, just in the trenches reporting.
Snohomish Co. Update:
My wife is off providing sterling service tonight in Issaquah for clients who are buying/selling a home, (yes, we do business all over) so I’ve got some free time to do a bit of blogging and research.
There are a quite a few [...]

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Categories: News · Opinion
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Time to crank some Foo Fighters: Would you please shop for loans people. Please.

February 7th, 2008 · 19 Comments

It is important that consumers who are buying homes or refinancing understand that until a fiduciary relationship (one where the loan officer is working in the best interest of the borrower) becomes law, you are on notice that by not shopping you could be paying hundreds of dollars more per month than need be and [...]

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Ever met someone who likes to play with live grenades? Here’s somebody: Agents Who Originate Loans

January 26th, 2008 · 22 Comments

This is not really new news for many of you , but the story circulating around news organizations and blogs about a buyer who has filed suit against their agent mentions a twist. Aside from the main story is the “smaller” issue that the agent evidently also arranged the buyers financing. At [...]

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Categories: Opinion
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Consumers wish list

January 24th, 2008 · 154 Comments

The inspiration for this post is from the existing homeowners, prospective homeowners and allied real estate professionals that have corresponded with me and commented on this blog over months past to the present.
I’ve learned and received much more than I’ve provided on this blog I assure you, but the common theme I’ve come away with [...]

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Categories: Opinion
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