Stop the Mortgage Bailout, Patrick.net, and Seattle Bubble were featured this morning in a segment called Opposition to Proposed Homeowner Bailout Growing on NPR about the various government bailout plans. You can listen to the full three-minute segment on NPR’s website. Here’s a little clip of my appearance: https://seattlebubble.com/blog/wp-content/uploads/2008/04/npr_2008-04-09-clip.mp3 The house Mr. Kaste and I…
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: Goodbye, Home Loans
It’s a good news / bad news day for local lending juggernaut Washington Mutual. The good news: They got a big cash infusion from a private investment group, and may not go the way of New Century. The bad news: They’re completely pulling out of wholesale lending, closing their home loan centers, and eliminating 3,000…
March Reporting Roundup
I would have posted the reporting roundup on Saturday, but I was out of town for the weekend, and my only Internet access was dial-up (*shudder*). The tone of this month’s reporting isn’t too much different from last month, except that we’ve got a small dose of optimism thanks to a slight spring improvement. Of…
Poll: Has the Seattle-area housing market hit bottom?
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NWMLS: Anybody seen my spring mojo? I can’t find it.
One thing I’ll say for the NWMLS, they have been prompt lately about releasing the monthly statistics. Let’s take a look at March, typically the beginning of the strong spring selling season. When the press release with pdf links is released I’ll post it here (though it may be delayed somewhat since I am heading…