By The Tim on May 18, 2011
Some readers may recall this sprawling, 13,000-square-foot mansion for sale on a 9-acre estate down in Tacoma from an earlier post: Northwest Baptist Seminary: For sale in Tacoma As I pointed out to Curbed Seattle last week, the seminary campus recently had a massive $1,000,000 price drop—12.5% off the previous list price of $8,000,000. This [...]
Posted in Features | Tagged hall of shame, listings, price drops, price games, Seminary, Tacoma
By The Tim on September 9, 2010
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 [...]
Posted in Audio & Video | Tagged audio, NPR, radio, Tacoma, Zillow
By The Tim on August 24, 2009
How bad is the condo market in Tacoma? Pretty bad. Recall this article from June: Tacoma Luxury Condo Project Headed for Foreclosure The Esplanade, a nine-story condominium on the west side of the near-downtown Thea Foss Waterway, has until Aug. 21 to escape from the imminent foreclosure, said sources close to the project who were [...]
Posted in News | Tagged condos, foreclosures, Mastro, Tacoma, Tacoma_Tribune
By The Tim on June 25, 2009
Regular readers may recall this post from last October: Construction Defaults Over 10%, Tacoma Condos Empty. Tacoma News Tribune: Downtown condo sales at a crawl How’s the market for condominiums in downtown Tacoma? “What market?” says Judy Mayfield, head of sales for The Esplanade, the 162-unit project on the Foss Waterway, now nearing completion. After [...]
Posted in News | Tagged condos, construction, foreclosures, luxury, Tacoma, Tacoma_Tribune
By The Tim on January 19, 2009
We’ve seen plenty of these kinds of articles and news reports about the foreclosure situation down in southern California, but I don’t think many people ever would have expected to see such a piece written about the Seattle area: Foreclosures mean work for “trash-out” specialists Contractors who specialize in cleaning and maintaining the nation’s growing [...]
Posted in News | Tagged foreclosures, Hodges, Seattle_Times, short sales, Tacoma, Tacoma_Tribune, trash-out
By The Tim on October 10, 2008
A few more articles from this week about how dramatically the local real estate market has slowed. Puget Sound Business Journal: Construction defaults rise in Seattle area The latest data on local new-home sales and construction-loan delinquencies illustrate the market forces underlying the growth in mechanics’ lien filings. Delinquencies of single-family construction loans in the [...]
Posted in News | Tagged condos, construction, luxury, rent, Tacoma, Tacoma_Tribune, townhomes
