A few more articles from this week about how dramatically the local real estate market has slowed. Puget Sound Business Journal: Construction defaults rise in Seattle area The latest data on local new-home sales and construction-loan delinquencies illustrate the market forces underlying the growth in mechanics’ lien filings. Delinquencies of single-family construction loans in the…
Author: The Tim
Congress to the Rescue
Seattle Economy Maybe Not So Isolated After All
Here are a couple of recent stories to drive home the point that the Seattle area economy is not in fact magically separate from the national/international economy, as some have made it out to be over the last few years. Brad Wong, Seattle P-I: Tough economy forces cutbacks for area residents The economic shocks to…
Where to Search for Rentals in Seattle
Editor’s Note: The following is a guest post from Seattle Bubble regular “perfectfire.” Thanks for taking the time to put together such a useful guide! Also be sure to check out this related post from February: How To: Use Craigslist & RSS to Find a Great Rental My wife and I just signed a contract…
September Reporting Roundup
Here’s the NWMLS press release that accompanied yesterday’s numbers: Pending Sales Up 4.1 Percent From Year Ago, Total Inventory Unchanged Home sales around Western Washington during September rose 4.1 percent from a year ago, reversing a 19-month pattern of declines. Members of Northwest Multiple Listing Service reported 5,982 pending sales (offers made and accepted, but…