I think this deserves its own (very brief) post: By early next year, many will come to regret their decision to delay buying a home. – King County Executive Ron Sims, September 4, 2008 Spotted by commenter “K” on Twitter. Well golly, if Ron Sims “tweeted” it, it must be true!
Category: News
News, current events, etc.
DIY Solution for Affordable Housing
I expect August stats from the NWMLS to be posted either today or tomorrow, but here’s something from the lighter side to kill some time until then. Mark Zimmerman (zim) had a problem that many have been faced with thanks to the housing bubble: A few years back, I got tired of living the American…
RE Bust Leads to 16% Capital Fund Deficit in Tacoma
The Tacoma News Tribune reports on a $7.2 million shortfall in the city budget, thanks to a 36% drop in expected real estate taxes: The City of Tacoma may have to delay or slow construction on some projects in order to patch a projected $7.2 million shortfall from real estate taxes this budget cycle. The…
Desperate Home “Owners” Overwhelm Local Counselors
Wait a minute… I thought only California had lots of people that took out dangerous loans, and are now at risk of foreclosure. Counselors overwhelmed with calls from desperate homeowners Housing advocates and lending counselors say they’re being overwhelmed with calls for help from desperate Seattle-area homeowners, many on the brink of foreclosure. … As…
Wait, what kind of condos?
It’s got unnecessarily crude language and site design that’s still pretty rough around the edges, but Cheap$#!& Condos is still pretty funny. I hope whoever is behind it keeps updating. Hat tips: Marlow Harris @ 360Digest & Matt Goyer @ Urbnlivn.