Seattle Times’ Silly "Logic" Mocked Further

It would seem that there’s at least one person out there that agrees with my analysis of the recent Seattle Times article, “Housing market sizzles, shows no sign of bubble.” That person would be Bill Fleckenstein, who writes: That oxymoronic headline sets the tone for what follows — a very creative, though completely false, bit […]

Seattle Not in a Bubble?

An article in the Seattle Times titled Housing market sizzles, shows no sign of bubble would perhaps have more appropriately been titled “Housing bubble sizzles, shows no sign of popping,” in my opinion. Despite conjecture that the local housing market is a high-priced bubble ready to burst, key signs of weakening are nowhere to be […]

Seattle Rides High on Interest-Only Loans

It seems that in the Seattle area, a lot of people are confident that there’s not a bubble, as evidenced by the ridiculous loans that they’re taking out: …38 percent of recent home mortgages in the Seattle-Bellevue- Everett market…were interest-only loans. 38 percent for the first three months of 2005, up from 37 percent for […]

Welcome to Seattle Bubble

Welcome, planetoids to the new blog, “Seattle Bubble.” This blog was created to post news stories and generate discussion about the real estate/housing bubble and specifically how it affects the Seattle area. Questions we will explore: Does a real estate/housing bubble exist? If not, why not? If so, why? If so, when/how will it end? […]