Sorry, this isn’t a Seattle-specific story, but it caught my attention this weekend as it seems like a major policy shift on the national level: President shifts focus to renting, not owning The Obama administration, in a major shift on housing policy, is abandoning George W. Bush’s vision of creating an “ownership society” and instead…
Tag: national
National Interactive “Stress Index” Map from AP
The Associated press published an interesting interactive map recently that is worth checking out. They took a handful of economic measures such as the unemployment rate, the foreclosure rate, and the bankruptcy rate, and calculated an “Economic Stress Index” for every county in the country. Here’s a snapshot of their March 2009 map (click to…
Seattle Housing Market vs. National Headlines
One common refrain lately among real estate agents desperate to put a positive spin on the local market is that potential home buyers in the Seattle area are just being frightened by all the bad national news on the housing market. The local market is doing just fine, and would be even better if only…
Radar Logic: Seattle Going Into the Red
Uh-oh, looks like Seattle is starting to get some negative national attention. As in, coverage that isn’t saying “wow, look what a strong, resilient housing market,” but rather “looks like Seattle’s housing market is poised to fall.” Seattle, wake up and smell the coffee, your housing prices may be falling faster than foam on a…
Peter Schiff Gets the Last Word (and the Last Laugh)
Here’s a great video from YouTube that juxtaposes last year’s predictions about the housing market with this year’s news. It’s not Seattle-specific, but I thought it would be fun for a Friday. I’ll be back with the June reporting roundup (a.k.a., the NWMLS press release echo chamber) either later today or sometime tomorrow. Hat tip:…