I’m sure that those of you who have been reading Seattle Bubble since at least April recall the AP study that heralded Seattle as the “most educated” city in the USA (or “smartest,” depending on whether the article author made the false assumption that more education == smarter). According to the April study: Forty-seven percent…
Month: December 2006
Seattle Times Pumps Interest Only Loans
From the Seattle Times over the weekend: Almost every dollar Todd Asher earns is spoken for. He has one daughter in college, another in high school and a toddler in diapers. “We made a decision to have my wife stay at home with our 18-month-old son, so we’re living off my income, paying for tuition,…
Post Storm Open Thread
This is your open thread for today. Please post random links and off-topic discussions here. Obviously I was MIA all weekend because our house was without electricity for about 40 hours. Our internet connection is still non-functional, so I’ll only be able to post from work until power comes back. My wife and I stayed…
Drinking the Kool-Aid
This is just too (unintentionally?) funny for me to pass up. On Tuesday, Ardell over at RCG made a post about the online alternatives to “full service” brokers that are available in increasing numbers to help people buy and sell houses. Here’s the part that I got a good chuckle out of (emphasis hers, as…
Housing Bubble Time Warp
Here are a few quotes from newspaper articles in October, November, and December about the housing market: October [A]: “I fully expect things to pick up the first part of the year.” Although the pace of sales has slowed, there are no clear indications that overall prices are going to decline, real estate analysts say….