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Year: 2009
State Considers Irresponsible Plan to Pre-Distribute $8,000 Tax Credit
According to a post on Aubrey Cohen’s P-I blog Seattle Real Estate News, State may give buyer credit as temporary loan. First-time home buyers would get their $8,000 tax credit as a state loan at closing, under a measure the state Senate Ways and Means Committee approved Wednesday night. The federal government is offering the…
Weekend Open Thread (2009-04-17)
Here is your open thread for the weekend beginning Friday April 17th, 2009. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known. Be sure to also check out the forums, and get your word…
Foreclosures Yet Again Shot to New Record Highs in March
Time for our March update on Foreclosure activity in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: March 2009 King: 1,089 NTS, up 129% YOY Snohomish: 499 NTS, up 125% YOY Pierce: 705 NTS, up 51% YOY Here’s a simple look at how March’s foreclosures compare to the same month…
Unemployment Reaches Record Levels, But Rate of Increase Slows
Here’s a chart to help put the latest local unemployment statistics in perspective: You can see that yes, unemployment reached yet another record high in March. However, the good news is that the rate of increase in the unemployment rate has slowed significantly. For the last six months or so the unemployment rate had been…