With the subject of “walking away” finally hitting the mainstream media in full force this weekend with a dedicated segment on Sunday’s 60 Minutes, it would appear that the idea of giving the keys back to the bank to get out of a financial death spiral continues to gain some serious traction. Of course, even…
Category: News
News, current events, etc.
Weekly Twitter Digest (Link Roundup) for 2010-05-08
Nice post by @Findwell calling out Coldwell Banker's nonsense "Buyer Bonus Event" http://is.gd/bSGbB # Why would an agent even waste their time listing something like http://is.gd/bSLeJ w/ comps like http://is.gd/bSLfH & http://is.gd/bSLgj ? # Apparently KOMO News gets tips from Seattle Bubble. See their video story on the Riverwalk condos – http://is.gd/bTSYw # Seattle Times…
Reporting Roundup: Bye Bye Tax Credit 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. Here’s a link to this month’s NWMLS press release (although it still isn’t live yet, it should appear here): Brokers cite tax credit and rising consumer confidence…
Weekly Twitter Digest (Link Roundup) for 2010-05-01
Another housing shortage is right around the corner… or not. http://is.gd/bIFUf # Commercial real estate is "still a significant drag on the [Seattle] economy" http://is.gd/bIHpj via @JonTalton # Luxury homes not selling well in the South Sound http://is.gd/bIHu7 # RT @KirstenGrind: Shares of #Frontier Financial skyrocket Monday, possibly because of traders betting it might fail:…
Shifty LLC + Shoddly Construction = 82 Owners Up a Creek
A reader emailed me a few weeks ago with a very interesting story, but I was unable to take the time to write up a properly-researched post. Mish has picked up the slack, and has the scoop on the likely mass default of the entire 82-unit Riverwalk condo complex in Redmond. It turns out the…