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…
Category: News
News, current events, etc.
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…
HOPE for a Whopping 312 Homeowners
I thought this was somewhat interesting. You may recall the “Foreclosure Prevention Act of 2008,” about which we held a poll back in July. One of the primary aspects of the Foreclosure Prevention Act is the HOPE (Home Ownership Preservation Entity) for Homeowners program, which was intended to: …insure up to $300 billion for 30…