There is one major political topic that has been mysteriously absent from both major presidential campaigns during this year’s presidential election season… housing. Nick Timiraos noted this in the Wall Street Journal in early September. Here we are in late October, four debates later, and nothing has really changed. Barely a peep about housing from…
Tag: NPR
Massive Imaginary Migration to Drive Seattle Recovery
As I was digging through local real estate stories last week, I was lucky enough to catch the following exchange on KUOW’s “Weekday” program last Thursday. Host Marcie Sillman discusses foreclosures and the Seattle-area housing market with guests Richard Hagar (real estate agent and appraiser) and Linda Taylor (housing director at the Urban League) in…
Is “The Bottom” Always a Good Time to Buy?
NPR ran an interesting segment on Tuesday’s Talk of the Nation: Volatile Housing Market Baffles Homeowners. The subject was the housing market, and host Jennifer Ludden’s guests on the program were Moody’s Chief Economist Mark Zandi and Zillow’s VP Communications Amy Bohutinsky. Their wide-ranging conversation touched on everything from walking away to buying at “the…
Is the “home as a profit engine” paradigm finally dying?
I recorded an interview with KIRO news radio yesterday that might be of some interest. The days of buying a house for profit may be gone https://seattlebubble.com/blog/wp-content/uploads/2010/08/KIRO-2010-08-24.mp3 An excerpt: If you’re looking for an investment, consider stocks and bonds, coins or comic books. The days of buying a house for big profit might be gone…
Foreclosures: Better to let them happen
Barry Ritholtz, who pens the excellent economy news site The Big Picture was on NPR’s “All Things Considered” Friday with some insights on the foreclosure “crisis.” Financial Blogger On Ethics Of Mortgage Modification A full transcript is available at the link above. Here’s an excerpt. SIEGEL: But what’s the risk of providing some kind of…