Here are a couple of videos for you today. First up, Zillow Chief Economist Stan Humphries on Yahoo News: Here’s the money quote: We think that the amount of pent-up supply that we have of people on the sidelines, combined with the amount of foreclosures that we have, combined with the current negative equity rates…
Month: March 2010
Bottom-Calling Checkup: Still No Bottom Sighted
Speaking of the bottom, let’s have another checkup on how things are progressing with respect to our bottom-calling series from February, in which we explored six different methods of forecasting the bottom for Seattle-area home prices. Not a lot of news since our last checkup in December, when we had passed three of our six…
Mid-Week Open Thread (2010-03-24)
Here is your open thread for the mid-week on March 24th, 2010. 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 in…
“We’re going to be at the bottom for a long time.”
Two friends of Seattle Bubble got together a few days ago for some podcasting goodness: Michael Surkan and Jillayne Schlicke discuss the current state of Seattle’s real estate market and where we’re headed from here in the latest episode of Michael’s Entrepreneurs Northwest series: Be patient: Seattle’s real-estate market won’t hit bottom for some time….
WA Troubled Banks Update (Plus National Bank Bonus)
Let’s have an updated look at Washington State’s troubled banks. The following charts are based on data from the FDIC, the NCUA, and Calculated Risk’s latest Unofficial Problem Bank List (updated 03/19). There have been a few changes since our last update in February. Rainier Pacific Bank of Tacoma failed in late February, North Cascades…