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 Tagged as 'Boeing'

Boeing & Microsoft Holding Up the Market?

March 4th, 2008 · 56 Comments

Here’s a thread to discuss some of the not-so-great big news that has come out recently for the Seattle-area’s two biggest private employers.
Boeing:

Loses out on $40 billion Air Force tanker contract

Microsoft:

Facing class-action lawsuit for Vista hardware requirements
Cutting boxed Vista prices (possibly due to disappointing sales?)
Still trying to buy Yahoo!

Not exactly a heaping helping of good [...]

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Categories: News
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Will Seattle avoid recession, or feel the brunt?

February 12th, 2008 · 53 Comments

It seems to be a foregone conclusion lately that the US is currently entering recession. Of course, much like the housing market, the some aspects of the economy are local, so we can’t assume that what’s going on nationwide will necessarily hit us here. Following are a couple of articles from the last [...]

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Categories: News
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Everett Development Bit by Finance Fallout

December 18th, 2007 · 77 Comments

The still-tightening market for financing real estate is not only taking a bite out of individuals’ ability to buy homes. It’s also starting to affect the ability of large new construction projects to get financing to even begin building. New projects like a waterfront condo complex in Everett.
The start of condominium construction on [...]

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Categories: News
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“It’s not quite indentured servitude…”

November 16th, 2007 · 88 Comments

Here’s a quote that caught my attention in today’s headline P-I article: Boeing bosses spy on workers.
“It’s not quite indentured servitude, because you can quit, but when you look at the mortgages and car payments, especially in Seattle, you’re not exactly free,” said the surveilled former employee.
Real estate salespeople are always talking about the “intangible” [...]

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Categories: Opinion
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Condomania in Everett!

March 26th, 2007 · 6 Comments

Better be careful the next time you drive through Everett, you’re likely to get burned, the condo market there is so hot!
On paper at least, downtown Everett is poised for explosive growth.
Nearly 800 new downtown condos and apartments are in various stages of planning.
There’s a good chance some of the projects scattered across a dozen [...]

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Seattle is Different. We’re Totally Immune.

February 27th, 2007 · 30 Comments

Dow, Nasdaq, S&P500Click to enlarge

Microsoft & BoeingClick to enlarge
Update: By request, here is a graph of today’s stock performance for a handful of other locally-based companies.
Other Seattle-Area CompaniesClick to enlarge
For those of you keeping score at home:

Boeing: -1.95%
Microsoft: -4.12%
Amazon: -5.00%
Starbucks: -3.94%
Nordstrom: -7.59%
Costco: -3.48%
Washington Mutual: -2.25%

Some immunity.

Seattle Bubble Tip Jar

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