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Category: News

News, current events, etc.

Why was WaMu really closed, and what are the FDIC & OTS hiding?

Posted on December 7, 2009 by The Tim

On Friday the Puget Sound Business Journal posted another great piece by Kirsten Grind on all the shady dealings that went on behind the scenes in the WaMu shutdown ordeal. The piece, titled The Washington Mutual decision is currently available on their site only to subscribers, but over on Portfolio.com (one of their sister sites)…

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Weekly Twitter Digest (Link Roundup) for 2009-12-05

Posted on December 5, 2009 by The Tim

Seattle Times still pumping house flippers http://is.gd/560WO # More nonsense about keeping people in "their" homes (i.e. the homes they never should have tried to buy in the 1st place) http://is.gd/57XDl # Great commentary on the "real estate non-market" by Rich Toscano in SD equally applicable here in SEA http://is.gd/57ZuN # Visualizing the Fortune 500…

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Reporting Roundup: See Market Run. Run Market Run.

Posted on December 4, 2009December 4, 2009 by The Tim

Time for the monthly reporting roundup, where I read all the local paper rehashes of the NWMLS press release so you don’t have to. Here’s a link to this month’s NWMLS press release: Move-up buyers, extended/expanded tax credits boost home sales; Northwest MLS brokers expect momentum to continue in 2010 “This winter will not be…

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Detailed Analysis of Washington State Banks via Seattle Times

Posted on November 30, 2009 by The Tim

The Seattle Times posted an interesting article yesterday about Washington State’s banks titled Some Washington banks are recovering, others see their options narrowing According to The Seattle Times’ quarterly analysis of Washington banks and thrifts, most of the state’s financial institutions seem to be weathering the upheaval reasonably well. Others, while clearly struggling, probably can…

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Weekly Twitter Digest (Link Roundup) for 2009-11-28

Posted on November 28, 2009 by The Tim

Legal battle brewing over mobile home parks in Tumwater http://is.gd/50yjx # Seattle Times: Denny Triangle gains skyline, but tenants slow to come http://is.gd/51mD4 # New retail, office, and industrial construction scarce in Whatcom County – http://is.gd/51o4L # THIS is what the FHA is pissing away our money on?!? Outrageous. http://is.gd/51ZUd # Flat-out false AP headline:"Home…

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