I’d like to take a little time to address a few things that keep coming up here and elsewhere in online real estate conversations that are starting to bug me. So that’s what I’m going to do. Doom and Gloom Apocalypse Fun Time First up is the incessant refrain that anyone predicting a decline in…
Category: Opinion
Opinion, commentary, etc.
The Quaint Mortgage Standards of Bedford Falls
This isn’t Seattle-specific (although I did read it in the Times), but it’s a great column that actually manages to make an insightful contrast between the movie It’s a Wonderful Life and today’s housing bubble / mortgage mess: Nowadays, it’s impossible to watch the 1946 holiday movie “It’s a Wonderful Life” and not feel a…
Reader Question: Are Seattle home purchasers crazy?
Here’s an email I got from someone named Andy: I am in the process of relocating to the Seattle area from the Midwest and have been monitoring your blog in an attempt to get some insight into the local real estate scene. First, thank you for your highly interesting and informative blog. Knowledge is power…
Mortgage Freeze Bla Bla Bla
A lot of people have emailed me and a lot of discussion has been going on in the forums and comments about the new mortgage freeze plan that is being announced today. Even Bill Virgin, one of Seattle Bubble’s favorite local editorialists has a column on the subject today: You were the careful, responsible sort…
Reader Question: Market Stability & Interest-Only Loans
Here’s a question I received via email from a reader, whom I shall refer to as Malcolm: I will be getting married next August and am beginning to look at buying my first home that we could be in for 5-7 years before children would demand a bigger home. My fiancée and I have a…