There’s a new site called Stop the Mortgage Bailout that aims to draw attention to the anti-bailout cause and educate people about what a bailout would really mean. From the site: A bailout is morally irresponsible because it encourages irresponsible and irrational behavior. Here is a short list of the many “moral hazards” that a…
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.
I Got Your Doom and Gloom Right Here
King 5 News ran a great little piece yesterday that demonstrates just how ridiculous it is to call falling home prices “doom and gloom.” The flat real estate market has been a source of concern for many. But for some charities like Habitat for Humanity, it’s providing a long awaited opportunity to advance their cause….
Presenting The Naked Loon: Your New Favorite Website
Behold, I bring you parody: Go to The Naked Loon. Right now. The greater* Puget Sound region now has a new source for… um… news, yeah that’s it, “news.” It’s The Naked Loon, and it’s the latest project to come out of the Thatch Mound Labs. Here’s what some of our beta testers had to…
Foreclosure Tours Arrive in the Northwest
You’ve probably heard about the foreclosure tours that are becoming common in places like Las Vegas and Sacramento. Well it looks like they have finally arrived in the Northwest. Thurston County foreclosure notices have increased more than 50 percent in the first quarter of 2008 compared with the same period last year, prompting one real…
Poll: Falling Home Prices Are:
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