From today’s Olympian: Housing project in foreclosure Thurston Highlands, one of the largest proposed mixed-use developments in the state, has emerged as the biggest example of how the economic crisis has had a corrosive effect on development. Through its trustee, the project’s primary lender, Frontier Bank, has started foreclosure proceedings on the 1,250-acre property after…
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.
Weekend Open Thread (2009-05-15)
Here is your open thread for the weekend beginning Friday May 15th, 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…
April Foreclosures Up 72% from 2008 in King County
Time for our April update on Foreclosure activity in King, Snohomish, and Pierce counties. First up, the Notice of Trustee Sale summary: April 2009 King: 938 NTS, up 72% YOY Snohomish: 483 NTS, up 90% YOY Pierce: 652 NTS, up 48% YOY Here’s a simple look at how April’s foreclosures compare to the same month…
April Neighborhoods Months of Supply Interactive Update
Here’s your look at March’s “Months of Supply” for the 30 NWMLS areas in King County. For an explanation of what months of supply means, please refer to the original neighborhood MOS breakdown post. Also, view a map of these areas here. In place of our usual boring static charts, this month we are proud…
Mid-Week Open Thread (2009-05-13)
Here is your open thread for the mid-week on May 13th, 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 in…