Our own local @mortgageporter was quoted in this AP article about the FHA raising their fees to avoid going bankrupt: http://is.gd/cN87v # Local mortgage mod recipient: "I may never recover anything from it. I'm probably just overpaying for rent." http://is.gd/cN8zT # RT @mortgageporter: @SeattleBubble Here's my 2¢ on the proposed FHA reform http://bit.ly/b4CwJa # RT…
Author: The Tim
Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.
Reader Question: Worried About Goldman’s -22% Forecast
A reader dropped me the following email and posted this question in the forum, which I thought was interesting enough to share with the whole community to get everyone’s responses. I’m recently engaged and looking to buy a home. I’ve crunched my budget inside and out, know what I can afford that isn’t over reaching….
Weekend Open Thread (2010-06-18)
Here is your open thread for the weekend beginning Friday June 18th, 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…
Rethinking Home Ownership / Buyers Get Picky
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…
Redfin Gets Into the Monthly Data Game
Local internet real estate technology powerhouse and discount brokerage Redfin has taken a page from the NWMLS playbook, torn it out, shredded it, burned it, flushed it down the toilet, and written a whole new book from scratch on the subject of monthly data releases. In their first data release for the Seattle area, they…