Are Obama & Romney Avoiding Housing to Avoid Talking About Killing the Mortgage Interest Deduction?

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 […]

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 http://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 […]

NPR: Searching for the "New Normal" in the NW Housing Market

I did a phone interview a few weeks ago with Austin Jenkins, an NPR correspondent down in Olympia, about where the local housing market and economy are heading. Here is the resulting story: The New Normal: What Will The NW Housing Market Look Like? The Northwest economy is on the verge of recovery and with […]

Two Recent KUOW Pieces of Note

Thanks to everyone who responded to the call earlier this month from KUOW for help on their story about the soft market. Here’s the resulting piece: It’s a Tenants Market for Downtown Seattle Office Space There may be signs of recovery in the region’s housing market, but not so for the region’s office market. A […]