RT @KirstenGrind: #Sterling Financial finds another $139 million in private equity: http://bit.ly/dueofJ # Not a shock: King Co. pending sales fall off a cliff after tax credit expires. http://is.gd/coUHC # Hmm: SD & SF, the 2 cities w/ big MOM jumps in CS-HPI both carried by the high tier. http://is.gd/coVda http://is.gd/coVdA # RT @Estately: "Many…
Category: News
News, current events, etc.
How Will Ubiquitous Freeway Tolls Affect Home Prices?
With tolls of $1 to $5 per crossing coming to a floating bridge near you in less than a year and local governments planning to add tolls to every freeway as early as 2030, now is a good time to think about how adding such per-use fees to our freeways might affect the home prices…
Weekly Twitter Digest (Link Roundup) for 2010-05-22
"Are we going to get rid of the mortgage interest deduction?" I hope so, but I'm not holding my breath. http://is.gd/cdzKq # Another great failed banks visualization over at Mish's – http://is.gd/ceTuk # via @CalculatedRisk – Record 14.69% of Mortgage Loans Delinquent or in Foreclosure http://is.gd/cgeCX # Seattle P-I RE blog headline: "What else is…
Treading Water Between Fear and Desperation
It’s been quite a while since we had a look at the “Cycle of Market Emotions.” The Cycle of Market Emotions Last time, in late 2007 as prices just began to decline here in the Seattle area, I pegged our location on the curve at somewhere between anxiety and denial. Today I’d guess that we’re…
Checking in on SKYROCKETING Interest Rates
Good thing we panicked last month about the mind-blowing 0.3-point jump in interest rates. The era of record-low mortgage rates is over. The average rate on a 30-year loan has jumped from about 5 percent to more than 5.3 percent in just the past week. As mortgages get more expensive, more would-be homeowners are priced…