Time for September market statistics from the NWMLS. The NWMLS press release will be posted at this link when it goes up. Here is your summary along with the usual graphs and other updates. Here’s your King County SFH summary: September 2008 Active Listings: up 5% YOY Pending Sales: up 15% YOY Median Closed Price*:…
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.
WaMu Exec Warned Board of Pending Collapse Years Ago
Interesting story from NPR: Washington Mutual Executive Predicted Collapse For casual observers, bank collapses like this one [WaMu] may seem to have appeared out of the blue. But for executives like William Longbrake, who worked at Washington Mutual for 26 years before September’s tumult, the collapse looked more like a slow unraveling. Longbrake served as…
Poll Update: Dow Drops Below 10,000
Anybody remember the June 8 poll: Sorry to say, but 58% of you were wrong: That took less than 4 months, for those of you keeping score at home. Also note the July 13 follow-up, in which only 30% guessed incorrectly. I just thought I’d point this out to those that are accusing this site…
Poll: How long before Congress is asked to pass another bailout?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 10.11.2008.
Weekend Roundup: 1873, Hiring Freeze, Un-Sale…
Here’s a brief roundup of a bunch of noteworthy items that have popped into my inbox and RSS feeds in the last day or two. Aubrey Cohen: Current economic woes more like 1873 than 1929. “When commentators invoke 1929, I am dubious,” writes Scott Reynolds Nelson, a professor of history at the College of William…