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…
Category: News
News, current events, etc.
Weekly Twitter Digest (Link Roundup) for 2012-02-04
Hopefully the new owner will take better care of it! "Owner neglected landmark Smith Tower" http://t.co/B5pvBfK4 via @seattletimes # "2 ratings agencies lower Wash. credit outlook" http://t.co/cLPe27Sd via @KOMONews # Yet another bubble blogger buys a house: San Diego's @RichToscano http://t.co/N3yESU7c # Not Seattle-specific, but the stories on @REConfidential are hilarious (disclosure: Tim helps curate…
A Look at WA SB 6337 “Protecting Short Sale Sellers”
A word from The Tim: This post is from long-time Seattle Bubble participant Jillayne Schlicke, real estate educator through her company CE Forward. Jillayne keeps a close watch on legislative issues, and agreed to write up this in-depth analysis of SB 6337 for the readers here. Thanks, Jillayne! Senate Bill 6337 was recently introduced in…
Weekly Twitter Digest (Link Roundup) for 2012-01-28
Um, what? RT @PSBJ: Psychics speculate on Mastros' whereabouts: http://t.co/iu1qM82s # Great story! RT @GRSblog: Thanks @MoneySavingMom for this excellent guest post: How We Paid Cash for Our First Home http://t.co/Jlc5U3MU # Wow these emails @Zillow keeps sending me are so useful and not at all random. http://t.co/c5NvqKiD # So classy! Bank of America makes…
Still Waiting for the Promised Surge in Interest Rates
I thought it might be worthwhile to take another updated look at mortgage rates. Here’s a chart of mortgage rates via the Federal Reserve over the last seven years. Latest rates came in at 3.88%, the lowest they have been as far back as the Federal Reserve’s data goes (early 1971). Here’s a chart of…