Over at the P-I earlier this week, Bill Virgin chimed in on the housing mess again with yet another well-reasoned column: Homes are good investments, not slot machines or ATMs. In the great American sport of finger pointing and blame shifting, a new villain has emerged to explain the mortgage-finance crisis. The fault, it turns…
Category: News
News, current events, etc.
Snohomish Co. update & thoughts
Sorry no stats or graphs from me, just in the trenches reporting. Snohomish Co. Update: My wife is off providing sterling service tonight in Issaquah for clients who are buying/selling a home, (yes, we do business all over) so I’ve got some free time to do a bit of blogging and research. There are a…
Local Public Radio KUOW On Government Bailouts
A friend pointed me toward an interesting radio segment that aired on local public radio KUOW today: Should the Federal Government Bailout Banks and Homeowners? You can listen to the full segment at the link above. Here’s a short excerpt from the beginning: https://seattlebubble.com/blog/wp-content/uploads/2008/03/kuow-government-bailout_2008-03-26.mp3 It seems that most of the people that called in were…
Welcome KING 5 Viewers!
If you’re viewing this blog for the first time today because you saw me (Tim Ellis) on KING 5 News tonight, I’d like to take a moment to welcome you. Seattle Bubble is the Seattle area’s #1 resource for news, analysis, commentary, and community discussion on the local real estate market. This community site is…
Saying there are no performance enhancing drugs in professional sports….
…is like saying there was no fraud that took place during the last few years in housing. No loan officers falsified loan documents There was no signature fraud No escrow/title agents producing phantom Settlement Statements No complicit real estate agents in the loop No complicit Notary Public signers No fraudulent appraisals No cash back post…