Here’s an interesting piece that ran in the Seattle Times today: To rent or to buy? The story of two couples The decision to sell their house and go back to renting has meant more time and even more money for Jill and Dan Keto and their family. … “The point is, putting money into…
Category: News
News, current events, etc.
Speaking of local layoffs… Boeing is next.
Some folks are mentioning this in the comments, and it’s pretty big news, so I’ll just drop it on you: Boeing plans workforce reduction of 4,500, with layoffs in second quarter Boeing said Friday it will cut its Commercial Airplane workforce in 2009 by about 4,500 people, mostly in Washington State. The reduction will be…
More Signs of Shrinkage at Microsoft?
A couple more notes on Microsoft before we get to our big year-in-review / 2009 forecast post tomorrow. First off, for those that didn’t catch it, this is worth mentioning: Microsoft forgoes South Lake Union lease Microsoft Corp. has put on hold any interest in further expanding its operations in Seattle because of the deteriorating…
December Reporting Roundup: The Blame Game Continues
Here’s what I said on December 18th: I predict that sales will be abysmal this month (worst December on record), and that the real estate mouthpieces quoted in the NWMLS press release (and subsequently in the local papers) will blame the low numbers on the weather. As if we never have inclement weather in December….
Regulations “unlikely to contribute more than 17%” of home price
Some of you may recall back in February last year, when the Seattle Times ran a story about UW professor Theo Eicher’s land use regulations study, with the headline declaring “Rules add $200,000 to Seattle house price.” Here at Seattle Bubble we had serious questions about the dramatic conclusion in that study, and the methods…