With the news in September that Seattle is #1 for delinquent construction loans, it probably comes as not much of a surprise that Washington State also happens to rank #1 in the nation for troubled banks, according to Calculated Risk’s unofficial problem bank list. State Percent Washington 26.3% Utah 25.0% Arizona 21.3% Nevada 20.0% Oregon…
Category: News
News, current events, etc.
Weekly Twitter Digest (Link Roundup) for 2009-11-07
Seattle has its very own foreclosure tour. http://is.gd/4JmKk # The only people who believe NAR's "pending sales" measure has any relation to reality are the willfully ignorant. http://is.gd/4LeQO # Seattle City Council unanimously approves "backyard cottages" http://is.gd/4LDaT # Wow, weird. RT @mattgoyer: New blog post: Moda Repossessed? http://bit.ly/24T0rB # Apparently Seattle Bubble placed 16th out…
October Reporting Roundup: Happy Fun Tax Credit Party Time!
Time for the monthly reporting roundup, where I read all the local paper rehashes of the NWMLS press release so you don’t have to. Here’s a link to this month’s NWMLS press release: Tax credit spurs big surge in Western Washington home sales Before we get into the roundup, I’d like to take a moment…
Job Loss Crash Comparison Update / Stimulus Rant
A reader wrote in requesting an update to this February post, in which I criticized Nancy Pelosi’s misleading chart of job losses. Here’s an update to the post-WWII job loss chart, courtesy of Calculated Risk, in which I’ve added a mark so you can see where the “stimulus” was passed. Wow, good thing we changed…
Weekly Twitter Digest (Link Roundup) for 2009-10-31
Part 1 of another story on how WaMu killed itself. http://is.gd/4B1Yc Is it just me or does Killinger look a bit like Willem Dafoe? # Is Seattle losing recent competitions for new Aerospace jobs in part due to high real estate prices? http://is.gd/4BbR9 # Up north: Banks foreclosing on Whatcom County's unsold condo projects –…