Apparently Elizabeth Rhodes’ Home Forum Extra blog wasn’t capable of single-handedly satiating the real-estate-hungry readership of the Seattle Times. So, they’re introducing a new real estate blog by Real Estate Editor Cindy Zetts. Lots of people are avidly interested in real estate — buyers and sellers, owners and wannabes, investors and market voyeurs. But it’s…
Category: News
News, current events, etc.
Short Sale Impact on neighbors: Appraisers please advise.
For many newer homeowners, this is the first correction they have experienced. I’ve been asked a question about short sales in an e-mail. It is a good question for both agents and appraisers to answer. It is presented as follows: Appraisers, please chime in. Fake Scenario: A home is sold as a short sale. It…
Seattle Bubble Speaks out Against Bailouts on NPR
Stop the Mortgage Bailout, Patrick.net, and Seattle Bubble were featured this morning in a segment called Opposition to Proposed Homeowner Bailout Growing on NPR about the various government bailout plans. You can listen to the full three-minute segment on NPR’s website. Here’s a little clip of my appearance: https://seattlebubble.com/blog/wp-content/uploads/2008/04/npr_2008-04-09-clip.mp3 The house Mr. Kaste and I…
WaMu: Goodbye, Home Loans
It’s a good news / bad news day for local lending juggernaut Washington Mutual. The good news: They got a big cash infusion from a private investment group, and may not go the way of New Century. The bad news: They’re completely pulling out of wholesale lending, closing their home loan centers, and eliminating 3,000…
March Reporting Roundup
I would have posted the reporting roundup on Saturday, but I was out of town for the weekend, and my only Internet access was dial-up (*shudder*). The tone of this month’s reporting isn’t too much different from last month, except that we’ve got a small dose of optimism thanks to a slight spring improvement. Of…