Now that's funny. "NWMLS officials said that potential home buyers are 'stuck.'" I think it's the sellers that are stuck. http://is.gd/dhOi4 # Mortgage delinquencies & cure rates still getting worse: http://is.gd/dhU6n # Uh-oh… RT @johnhcook: Breaking News: @toddbishop hears that more layoffs are coming at Microsoft. http://bit.ly/8XykJw Tip @Techmeme # If you missed Karl Denninger…
Category: News
News, current events, etc.
June Reporting Roundup: Cliff Edge Edition
Time 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). Unfortunately, the NWMLS’ full press release still hasn’t been posted to their website anywhere that I can…
Weekly Twitter Digest (Link Roundup) for 2010-07-03
Thinking of renting out that house while you wait out the housing market? You may rethink that after reading this. http://is.gd/d70ed Yikes! # A nice breakdown from @TheSunBreak on why @Redfin has real estate cred. http://is.gd/d8dzb # RT @redfin: Dude, Where Are The Homebuyers? (June Newsletter): http://bit.ly/azEbmk # Wow, nice. SB regular and occasional contributor…
Weekly Twitter Digest (Link Roundup) for 2010-06-26
Was the Kirkland Mansion grab just a publicity stunt to promote a shady housing scam operation? Maybe. http://is.gd/cWA2X # via Mish: "HAMP" Program a Failure; Another Huge Wave of Foreclosures Coming http://is.gd/cY4gS # RT @mattgoyer: Redfin's writing a guide to getting pre-approved and understanding financing. We'd love feedback: http://bit.ly/9XPooE # Interesting article in @PubliColaNews about…
Does anyone pursue actual home ownership anymore?
I’m hoping the readers of Seattle Bubble can help me out with something. First, a little background on my perspective. My parents bought their first house in 1987, when they were about 30 years old. They paid $45,000 for the modest 1,288 square foot, 3-bedroom, 1.75-bath house pictured below. They refinanced once in the ’90s…