As you know, I haven’t said much on this blog about the ongoing collapse of lending as we’ve known it the last few years. This is primarily because the issue is being covered quite thoroughly at many of the other bubble blogs linked on the sidebar. However, a reader sent me a pdf report by…
Category: News
News, current events, etc.
Latest Condo Conversion: Smith Tower?
If the owner of the Smith Tower gets what they want, you can add yet another condo to dozens already planned for downtown’s future. Walton Street Capital is hoping to convert the Smith Tower into condos: Ninety-three years after Pioneer Square’s Smith Tower was built as an elegant business address, its new owner hopes to…
"Quite frankly, it’s time to buy."
I think maybe there is some kind of virus infecting the minds of potential homebuyers. The virus settles into the brain and causes the victim to lose the capacity for rational thought in matters of real estate. Symptoms include the delusions that “I need to buy now or I’ll be priced out forever,” “I should…
Industry Extreme Makeover
Side note: What in the heck is up with the FLU bug. I just got over it after my daughter (out of school for 3 days last week) planted one on me and passed it to me. Now my son has been in bed with it. What a great weekend! I understand Blanchet H.S was…
Bubble Link Roundup
There were a lot of mildly interesting real estate stories in the local rags this weekend. So, I think it’s time for another link roundup: a list of links that are worth posting, but not each as their own post. The following links happen to all be specific to the Seattle area. Christy L. Thomas…