Okay, when I saw this this morning, I just had to mention it. There’s a little 8-unit townhome complex in my neighborhood (Kenmore) that I have mentioned on here a number of times in the past. Most recently, two of the eight units were up for sale. As of this morning, four of the eight…
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.
Local Banks Slammed by Housing Bust
From today’s Everett Herald: Housing slump hits local banks hard Low interest rates, the loss of the home construction boom and investor pessimism all are weighing down on bank stocks, dealing a big blow to all three of the local banks traded on Wall Street. Lynnwood’s City Bank, along with Frontier Financial and Cascade Financial…
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Foreclosures, FHA, Commercial, & Countrywide
Here are a few recent stories that have been covered elsewhere and are worth at least mentioning here. Latest foreclosure statistics: Seattle P-I, Foreclosures in Seattle higher, but much lower than nation’s The Seattle area had about twice as many foreclosures in May as it did a year earlier but continued to have a far…
NWMLS Makes Some Changes for the Better
A couple of changes were announced by the NWMLS this month regarding the way they interface their internal system with publicly-viewable sites. They have been covered by other local blogs, but I thought they would at least be worth mentioning here. If you spend a lot of time tracking individual local listings on sites such…