Bonus Picture Day (billboard next to Everett Events Center): Looks like the banking industry is aware of the debt picture. Gross Income outdated? For years the lending industry has utilized gross income as the yardstick by which consumers are qualified to obtain mortgages. Let’s say the median priced home in King County is $465,000. What…
Author: S-Crow
Why this insider blogs at Seattle Bubble & Rain City Guide
So, why do I contribute from time to time and participate on Seattle Bubble Blog and over at Rain City Guide? Isn’t that like not a good idea? I’ll write as I think, so here goes: I read, collaborate and discuss housing here because it offers one of the very best cross sections of consumers…
Listing History
My thoughts on the issue while working hard. A balanced perspective The dissemination of data from the NWMLS to the public will be limited for a variety of reasons. Safety and protection of potentially personal information of each seller is paramount. I am uncertain whether the issue of safety and protection of personal information should…
HouseMath 2.0 – Lending Woes – News
I’ve received a few e-mails over the past holiday season, some asking if I disappeared. Yes, I read this and many other Blogs every week. I’m not hibernating. So here’s what’s up: When people decide it’s time to buy in the market this is a cool tool to use. May I introduce the HouseMath 2.0…
The Puget Sound "economic" levee: will it hold?
From Business Week: “St. Louis Fed president William Poole said, according to Bloomberg News. ‘As long as the housing problem remains confined to housing, there’s really nothing the Federal Reserve can or should do.’” Realistically, I don’t think this will be the case. From a business perspective, I’m watching cash flow more intensely than ever….