"Empty, foreclosed houses burden cities, neighborhoods" http://t.co/rA7jTw8u via @seattletimes # RT @WaLawRealty: FIRPTA, a federal tax law applied to buyers but routinely ignored. Comply or you may owe the IRS big. http://t.co/3vB0Nzzf # Amazon to buy Denny Triangle property; plans 3 big office towers http://t.co/1gmCiryP via @SeattleTimes # First good (well, less bad, really) state…
Category: News
News, current events, etc.
Official King Co. Economic Forecast Cites Seattle Bubble
Apparently Tom Goodwin, King County’s Chief Economist and head of the Office of Economic and Financial Analysis is a Seattle Bubble reader, citing my chart of the decline from peak in Seattle’s Case-Shiller tiers in a recent presentation to the Regional Policy Committee (be patient, the video takes a little while to load): You can…
Weekly Twitter Digest (Link Roundup) for 2012-02-11
The @CENTURY21 Super Bowl ad was okay, but I was really hoping Suzanne was going to make an appearance. http://t.co/9W3O7gJr # Hah, Eric Pryne quoted my "sellers are priced in forever" line in today's @SeattleTimes article. Nice. http://t.co/aqYaFei7 # Old news to my readers: "King County homes reach record affordability" http://t.co/6CNUkMO1 via @realestatepi # "Mastro…
Reporting Roundup: Healing Perfect Storm 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). To kick things off, here’s an excerpt from the NWMLS press release: Housing market…
Bubble Bloggers Buying Houses: Officially a Trend
New Jersey. Seattle. San Diego. Three outspoken bubble bloggers who started websites in 2004 and 2005 to tell the world not to buy a home during the biggest housing bubble in history, all finally buy homes in their respective markets within nine months of each other. I wouldn’t take it as an economic indicator of…