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Category: News

News, current events, etc.

Stalled Development Map Update, Developments in Foreclosure

Posted on July 9, 2009July 9, 2009 by The Tim

Just a quick update on the Seattle Bubble interactive stalled / slow development map. So far readers have contributed 48 stalled and/or slowed residential developments in the greater Seattle area. The greatest concentration by far is in the Bothell area, which may be due primarily to the fact that that’s where a few especially prolific…

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June Reporting Roundup: Muted Enthusiasm for Increasing Sales

Posted on July 7, 2009July 7, 2009 by The Tim

With sales skyrocketing to a massive four percent gain over last year and median prices shooting through the roof, the housing market recovery is on, and it’s a race to report it. Let’s check in with the local news outlets to see who had the most sensational write-up this month. First up, the NWMLS press…

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Weekend News Roundup

Posted on July 6, 2009July 6, 2009 by The Tim

Lots of local real estate related news over the weekend worth mentioning. Here’s a brief roundup of the stories you might be interested in. Let’s kick things off with some good news via Aubrey Cohen at the P-I. Looks like the state’s irresponsible plan to pre-distribute $8,000 tax credit is dead in the water, thanks…

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Dilbert: “I Can’t Afford My Mortgage…”

Posted on June 27, 2009 by The Tim

I think yesterday’s Dilbert is front-page worthy. At least for a Saturday.

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Spec Builder Spectacularly Miscalculated Market

Posted on June 26, 2009 by The Tim

KIRO radio ran a mildly interesting piece about a spec builder in my neighborhood with especially poor timing: Local spec homes sit empty, cheap. What started as a fun project turned into a nightmare for a builder in Kenmore. Ken Youch, with Kenmar Construction, is happy to give tours of any one of the million…

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