A reader emailed me an interesting little piece of marketing material from an 18-unit complex on the south side of Queen Anne. According to public records The Leona, which is being marketed by the ever-bullish Williams Marketing, has sold a whopping three of their eighteen units to date. Nine of the fifteen unsold units are…
Category: News
News, current events, etc.
Tomorrow Night: Community Forum on Online Journalism
The following is another blatantly-copied press release for community event #2 put together by the No News is Bad News group that I am loosely affiliated with. Tomorrow’s event will be more future-focused, looking primarily at how to make online journalism a financially sustainable venture. Given that this site is essentially a form of online…
March Reporting Roundup: Spring Fever Edition
Let’s check in on the local papers (or digital former papers, as the case may be) to see how this month’s NWMLS stats are being spun to the populace. First up, here’s the source material: the NWMLS press release that accompanied yesterday’s numbers: Brokers report signs of improvement in “real-time” housing market NWMLS director Dick…
HUD pushes for principal reduction up to 30%
(I didn’t want this story to get lost in the midst of all the headlines the past few days.) From the National Mortgage News headlines: “The Department of Housing and Urban Development is seeking expanded loss mitigation authority allowing the principal amount of an FHA-insured mortgage to be reduced by up to 30% to help…
News Roundup: Local Banks on the Brink
The last few days have seen a handful of articles in the local press on the subject of the strength (or lack thereof, as it turns out) of local banks. Here’s a brief summary. First-up is a relatively in-depth look at the status of dozens of banks based in Washington State: Washington’s banks under stress…