The Tacoma News Tribune reports on a $7.2 million shortfall in the city budget, thanks to a 36% drop in expected real estate taxes: The City of Tacoma may have to delay or slow construction on some projects in order to patch a projected $7.2 million shortfall from real estate taxes this budget cycle. The…
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.
Taking Advantage of a Buyer’s Market
So now that Puget Sound counties have been in a “buyer’s market” for around a year, there are probably some good deals to be found out there. But how do you find them? To be clear, my personal opinion is that we’re still in for another year or two of declining prices. However, I’m sure…
Labor Day Open Thread
Happy Labor Day. For whatever few people happen to be hanging around here today, here’s an open thread to talk about whatever you feel like (within the bounds of the comment policy).
Poll: McCain / Obama: Does it really matter vis-à-vis the housing meltdown?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 09.07.2008.
Desperate Home “Owners” Overwhelm Local Counselors
Wait a minute… I thought only California had lots of people that took out dangerous loans, and are now at risk of foreclosure. Counselors overwhelmed with calls from desperate homeowners Housing advocates and lending counselors say they’re being overwhelmed with calls for help from desperate Seattle-area homeowners, many on the brink of foreclosure. … As…