Time to clear out my inbox. Following is a handful of short excerpts from things I’ve been emailed in the last few weeks. Enjoy. First up, a delightful “Home Economics Wall Chart” that is designed to “focus the consumer on the benefits of owning.” It’s Estate of Mind, Inc.’s Visual Guide to the Housing Market….
Category: News
News, current events, etc.
A remarkable period in time: a changed market.
I’ve got so many topics to talk about but very little time. I have to start somewhere. Just months ago it was not uncommon (understatement) to see 100% financed nothing down purchase transactions with various ARM’s tied to LIBOR or other indices coupled with hefty pre-payment penalties, interest-only hybrids with no escrow impounds for taxes…
Will Higher Government Loan Limits Boost Seattle’s Market?
I apologize for not making a more timely post on this subject, but it’s taken me a while to wrap my head around everything that’s really going on, and rather than spit out an uninformed piece full of quotes from equally uninformed newspaper reporters, I thought I’d do some actual research first. So here’s what…
Welcome 710 KIRO Listeners
If you’re viewing Seattle Bubble for the first time today because you heard me, Tim Ellis, on the Dave Ross show (with sit-in David Goldstein) on 710 KIRO, I’d like to welcome you. Be sure to check out the about page to get a feeling for the purpose of this blog. If you’re interested in…
February Reporting Roundup
Here comes this month’s market reporting roundup. After seven months of declining/flat prices, declining year-over-year sales in 27 of the last 28 months, and 23 straight months of an ever-increasing number of homes on the market, I think we can officially declare that the Seattle-area housing market is in a slump. Of course, while the…