With the failure of American Marine Bank on Bainbridge Island becoming Washington State’s third bank failure of 2010 on Friday, I thought it would be interesting to take another look at our state’s troubled banks. The following charts are based on data from the FDIC, the NCUA, and Calculated Risk’s latest Unofficial Problem Bank List…
Category: News
News, current events, etc.
Weekly Twitter Digest (Link Roundup) for 2010-01-30
Oops, something went wrong with today's weekly Twitter roundup post that was preventing comments. It should be fixed now. # via the PSBJ: Downtown's strange new real estate map (buildings currently under construction in downtown Seattle) http://is.gd/72Id6 # Seattle Times compares seasonally-adjusted Case-Shiller national data to non-SA Seattle data. Smooth. http://is.gd/75IYy # Mish takes on…
Confidence Slows Recovery, Housing Bottom Still to Come
It would appear that our old friend Bill Virgin (formerly of the print P-I), is now writing a weekly column for the Tacoma News Tribune. Here are a few excerpts from his latest piece regarding what we may expect to see in store for the local economy in 2010: 2010 recovery will hinge on confidence…
Weekly Twitter Digest (Link Roundup) for 2010-01-23
Seattle's @jillayne picked up by @calculatedrisk – FCIC Interviewing the Wrong People http://is.gd/6oO2e # Consumer bankruptcy filings up nearly 50% in western WA in 2009. http://is.gd/6p0om # Jon Talton @SeattleTimes opines on the Horizon Bank failure – http://is.gd/6qCa2 # FYI: Seattle Bubble will be down today for a few hours for hardware maintenance. # …and…
State’s Chief Economist: Real Estate to Rebound… in 2011
Washington State’s Chief Economist Arun Raha has been speaking this week about his expectations for Washington’s economy in 2010 and beyond, including his outlook for the local real estate market. Raha said the nation’s big banks are in better shape and are mostly back to normal in terms of lending money to customers with good…