By The Tim on November 23, 2011
A series of very similar headlines caught my attention today: Wall Street Journal: Home Sales Climb But Prices Decline CBS News: Home sales up, but housing prices continue to fall nationwide The Real Deal: U.S. existing home sales rise slightly, but prices fall Chicago Tribune: Local existing home sales up double-digits in October, but prices [...]
Posted in National, News | Tagged CBS_News, NAR, Wall_Street_Journal
By The Tim on August 18, 2011
I received an email yesterday from Tom Goodwin, King County’s Chief Economist, pointing me toward a new blog that he has started to discuss economic issues in King County. The first topic: real estate. In his post, Is a Home a "Lousy" Investment? Tom takes on the recent Wall Street Journal piece A Home Is [...]
Posted in Local, News | Tagged investment, KC-Econ, King_County, Wall_Street_Journal
By The Tim on February 14, 2011
It’s not often we get a major national news piece focused solely on Seattle’s real estate market, but yesterday we got just that from the New York Times: Housing Crash Is Hitting Cities Thought to Be Stable SEATTLE — Few believed the housing market here would ever collapse. Now they wonder if it will ever [...]
Posted in Local, National, News | Tagged Humphries, Kelman, New York Times, Seattle_Times, Wall_Street_Journal
By The Tim on June 17, 2010
I may not be able to make a substantive post today, so here are a few national stories of interest that caught my attention in the last couple days. David Wessel, Wall Street Journal: Rethinking Part of the American Dream It’s time to have a serious conversation about the American approach to home ownership and [...]
Posted in National, News | Tagged home ownership, New York Times, tax credit, Wall_Street_Journal
By The Tim on July 6, 2009
Lots of local real estate related news over the weekend worth mentioning. Here’s a brief roundup of the stories you might be interested in. Let’s kick things off with some good news via Aubrey Cohen at the P-I. Looks like the state’s irresponsible plan to pre-distribute $8,000 tax credit is dead in the water, thanks [...]
Posted in News | Tagged Business Journal, Cohen, condos, downtown, foreclosures, Seattle_PI, Seattle_Times, SmartMoney, Smith_Tower, walk away, Wall_Street_Journal
By The Tim on May 1, 2009
Two good news stories on the national front that are worth sharing this morning. Story 1: Senate Defeats Mortgage ‘Cram-Down’ as Democrats Balk The U.S. Senate rejected a measure that would let bankruptcy judges cut mortgage terms to help borrowers avoid foreclosure, a victory for banks and credit unions that said the legislation would increase [...]
Posted in News | Tagged appraisal, Appraisals, bankruptcy, banks, Bloomberg, cramdown, foreclosures, government_meddling, principal, Wall_Street_Journal
