In case there is any doubt about whether NAR chief “economist” Lawrence Yun is just as much of a shameless price-boosting shill as his predecessor David Lereah, I present some excerpts from a post he made on Friday regarding the inefficient, expensive, and economically stupid homebuyer tax credit: Unleashing Pent-Up Housing Demand and Sustainable Economic…
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News, current events, etc.
Weekly Twitter Digest (Link Roundup) for 2009-10-10
via Mish:"We are at greater risk of a total meltdown due to a deflationary collapse than we were in 2007." http://is.gd/3XFvc # Wow, nearly 1 in 5 downtown Seattle offices are sitting empty right now, and vacancy "hasn't peaked." http://is.gd/3YwWH # Time to eliminate gov. subsidies that have turned homeownership into "an economic ball and…
Reporting Roundup Flashback: September 2007
Let’s look back a couple years to see what local real estate agents were saying a few months after the price peak in Seattle, and about a year into the housing decline across most of the rest of the country. Here’s a selection of choice quotes from some October 2007 articles. Note that local home…
September Reporting Roundup: Get your SURGE RALLY on!
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. First up, an excerpt from the NWMLS press release itself: Northwest MLS brokers agree "there’s a lot to be optimistic about" “There’s a lot to be optimistic about,” according to one…
Weekly Twitter Digest (Link Roundup) for 2009-10-03
RT @mattgoyer: New blog post: Brix Auction Results: $344-$500/Sq. Ft. http://bit.ly/twuKP # Seattle Times on Mastro Bankruptcy: Hundreds of local investors lose big as real-estate magnate falls http://is.gd/3Jz2L # Zillow + Windermere = BFF http://is.gd/3Lb97 # Interesting take on some possible unintended consequences of the $8k homebuyer tax credit: http://is.gd/3LRvd # Only 2 of 20…