Just a short post during this holiday week to give a little nod to some neighbors to our south down in Portland. If you’re one of the many people out there these days trying to sell your home, or if—against the better advice of this blog—you’re in the market to buy a home; I recommend…
Category: News
News, current events, etc.
Are Bubble Bloggers a Stopped Clock?
Now that the real estate market in Seattle is finally showing undeniable signs of reversing direction (read: declining median prices), it’s interesting how the tone of some real estate professionals’ comments regarding this site (and others like it) are changing. Seattle Bubble was started in August 2005, during a time when the “common knowledge” among…
Doom and Gloom, Stereotypes, and Predictions
I’d like to take a little time to address a few things that keep coming up here and elsewhere in online real estate conversations that are starting to bug me. So that’s what I’m going to do. Doom and Gloom Apocalypse Fun Time First up is the incessant refrain that anyone predicting a decline in…
King County Foreclosures Spike Up in November
Foreclosures in King County spiked upward significantly last month, according to the latest report. While the nation as a whole saw a notable drop in foreclosure filings last month, King County filings surged. The county had 767 filings in November, up 127 percent from October and 93 percent from November 2006, according to RealtyTrac, an…
The Quaint Mortgage Standards of Bedford Falls
This isn’t Seattle-specific (although I did read it in the Times), but it’s a great column that actually manages to make an insightful contrast between the movie It’s a Wonderful Life and today’s housing bubble / mortgage mess: Nowadays, it’s impossible to watch the 1946 holiday movie “It’s a Wonderful Life” and not feel a…