Interesting @SeattleTimes article that breaks down some numbers behind foreclosures in King Co. http://bit.ly/i9KYm8 # …be sure to catch the @Tableau interactive w/ Seattle, Baltimore, & Phoenix. http://bit.ly/iiZC92 Lots of refinance foreclosures here. # Sobering article about the nasty-sounding mess the Boeing 787 Dreamliner is still mired in. http://bit.ly/gvGBur "manufacturing hell" # Interesting news on…
Category: News
News, current events, etc.
Seattle: Cash Out Refinance Foreclosure Capital?
The Seattle Times ran a story on Saturday that is worth it’s own post here. While the narrative consists mostly of the usual “personal interest” angle stuff (single mom finds her fourth home in foreclosure when she loses her $800,000 per year job as a mortgage executive, etc.), the attached Tableau interactive tells a much…
Weekly Twitter Digest (Link Roundup) for 2010-12-18
"Inflate away the debt" is not an option for the US govt. debt burden: http://nyti.ms/9PlHaD # Good info in this "webcast" RT @AltosResearch: When Does the Housing Recovery Start? http://bit.ly/eBx0WC #housing #realestate #notyet .. # 20 guesses so far in our 1st "Guess the Price" contest. $25 restaurant gift card goes to the winner. http://twitpic.com/3fzqd0…
Weekly Twitter Digest (Link Roundup) for 2010-12-11
RT @clusterstock: Housing Report That Prompted Nouriel Roubini's Huge Estiamte For Future Losses by @thestalwart http://read.bi/fVU7BI # Accrd. to Trulia & RealtyTrac, "Half of Americans Say Home Recovery at Least Two Years Away" http://bit.ly/gm7kby # Hah, nice headline: "Housing market will recover in 2011 … or not" http://bit.ly/gTg4wu via @RealEstatePI # RT @johnhcook: Looking to…
11.5 Million More Foreclosures? Bring Them On!
Jon Talton over at the Seattle Times pointed me toward an interesting paper by Amherst Securities Group titled The Housing Crisis—Sizing the Problem, Proposing Solutions (pdf). Here’s their conclusion (emphasis mine): If governmental policy does not change, over 11.5 million borrowers are in danger of losing their homes (1 borrower out of every 5). Politically,…