I don’t know about anybody else here, but I for one am a total sucker for Dr. Laura. Thanks to a company department picnic, on my way home from work today I had a rare opportunity to partake in this particular indulgence, and I heard an interesting call. Here’s an excerpt: https://seattlebubble.com/blog/wp-content/uploads/2007/08/drlaura_2007-08-22-partial.mp3 If you can’t…
Category: News
News, current events, etc.
Somewhere Between Anxiety and Denial
As the mortgage industry begins to crumble and home prices are declining across the nation, the local media and blogging real estate insiders seem to be getting a bit anxious. Maybe it’s just me, but take a look at some of the recent headlines: Home values here still rising (Elizabeth Rhodes, Seattle Times) Seattle-area homes…
Median Price Not Telling the Whole Truth
When July’s housing stats came out last week, the most confusing piece of data was that despite skyrocketing local inventory and tightening lending across the nation, the median price still jumped up 2.3% from June, bouncing back into double-digit YOY territory at a 10.6% increase since July 2006. While the local press has their own…
Bubble Link Roundup Extravaganza
The stories have been piling up in my inbox at a faster rate than I’ve been able to post them lately, so that means that it is time for another bubble link roundup. I’ve got a lot of ground to cover in this post, and I don’t want to totally clutter up the front page,…
Flipping in Seattle for Fun and Profit
Are prices in Seattle based on strong fundamentals or speculation? While we can certainly look at the data and draw conclusions for ourselves, there is little to no hard information out there about how many people are buying merely to turn a quick buck. There are those that treat the lack of hard data regarding…