The Sun Sentinal article: “In an effort to halt what one official called ‘an investment world version of a run on the bank,’ state officials froze withdrawals Thursday from a $27 billion investment fund that local governments drained by almost half during the past two weeks.” (bold type by me for emphasis) “‘It is certainly…
Category: News
News, current events, etc.
Seattle Delightfully Immune to Housing Downturn
Another day, another syndicated Associated Press article reprinted in the Seattle Times with an abundant dose of rah-rah local cheerleading awkwardly thrown in by Elizabeth Rhodes (additions in italic): U.S. home prices drop for quarter; not so here. U.S. home prices marked a quarterly decline for the first time in 13 years in the third…
Forbes: Seattle “Continues its Ascent”
These “top real estate market” lists by Matt Woolsey in Forbes are really starting to seem pointless and repetitive, but I suppose I should at least mention the latest one, since it will probably be proudly touted in local real estate marketing material for the next few months. The latest fill-in-the-blanks list from star reporter…
Seattle Townhouse Market Tanking?
There was a great article over the weekend in the Seattle P-I that looked at the townhouse market, which has slowed down considerably more than the single-family or condo markets so far this year. Jamie Goodwin knew it would be a tough time to sell her Central Area townhouse. “I’m a real estate attorney, and…
Housing Market Schadenfreude
There was a good discussion of housing market schadenfreude (or lack thereof) over the holiday weekend in the comments to a recent post. I thought would be worth posting the highlights of the conversation, and chiming in with a few thoughts of my own. rose-colored-ghoulaid: I for one don’t want misfortune to shine on others….