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….
Category: News
News, current events, etc.
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…
Pre-Weekend Potpourri: Microsoft Layoffs, Foreclosure Aid, Downfall
It’s a pretty slow news day today, what with most people still taking time off for the new year. So I thought this would be a good time to throw a bunch of smaller stories together into one post. First off, let’s hit a topic that has been on a lot of people’s minds lately:…
JPMorgan to Drop WaMu Leases Downtown
Here’s another WaMu update on a subject that will likely have a large impact on downtown’s commercial real estate scene: Seattle Times: JPMorgan dumping WaMu’s leased space in Seattle Seattle P-I: JPMorgan dropping six WaMu leases in Seattle From the P-I story: New York banking giant JPMorgan Chase & Co., which in September bought the…
Weekend News Roundup
Here are a few local real estate stories to kick off this snowy Christmas week. Aubrey Cohen, Seattle P-I: It’s refi — not buy — in Seattle’s housing market Unusually low interest rates have spurred a run of mortgage refinancings in the Seattle area, but not necessarily more home purchases. … Andrew Gledhill, an associate…