It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Region’s housing…
Category: News
News, current events, etc.
August Reporting Roundup: Seasonal Slowdown Edition
It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). Oddly, the the NWMLS press release website is still showing last month’s release, and…
Demand for Seattle Rentals Still Outstripping Supply
There’s a great in-depth article on local rent increases in today’s Seattle Times: Soaring rents force lifestyle changes For renters and homeowners, market forces are permanently altering the familiar face of many neighborhoods. While wealthy newcomers are helping to revitalize neighborhood business districts, the reality is that many renters, saddled by stagnant wages, are being…
Local Development Roundup: Take One
Today I’m kicking off a new monthly series called “Local Development Roundup” in which I’ll collect some stories from other local sources about notable development going on in the Seattle area. The content in this first post comes courtesy of West Seattle Blog, Capitol Hill Seattle, and the Seattle Times. West Seattle Blog: West Seattle…
FHA: Foreclosure One Year Ago? No Problem!
I received tips from two different people in the last few days about a recent change in FHA underwriting standards announced in a letter titled “Back to Work – Extenuating Circumstances” Quoting from the letter: As a result of the recent recession many borrowers who experienced unemployment or other severe reductions in income, were unable…