An interesting post on Calculated Risk this morning points out a few notable near-term home price predictions: Housing consultant Ivy Zelman via the New York Times: …home prices are going back down. Moody’s chief economist Mark Zandi via Bloomberg: I think we’re going to see another leg down. And Goldman Sachs chief economist Jan Hatzius:…
Category: News
News, current events, etc.
Stop Setting Your Money on Fire Every Month!
I’ve been hearing a few familiar clichés on the radio recently… “Tired of setting your money on fire every month?” “Stop throwing away your money renting!” Maybe you thought that the dramatic and decisive collapse of the housing bubble would have rid us of this type of nonsense marketing. Well, you thought wrong. The twist…
Weekly Twitter Digest (Link Roundup) for 2009-11-14
Steve Tytler's latest yearly prediction for the local real estate market: http://is.gd/4QwIN # Speaking of troubled local banks, the FDIC has given Evergreen Bank a one month deadline: http://is.gd/4SFzG # The Mastro looks like it's getting nasty… http://is.gd/4SFED # Seattle's Ben Huh was on Nightline last night, talking up recently-acquired Real Estate site Lovely Listing…
Washington is #1… For Troubled Banks
With the news in September that Seattle is #1 for delinquent construction loans, it probably comes as not much of a surprise that Washington State also happens to rank #1 in the nation for troubled banks, according to Calculated Risk’s unofficial problem bank list. State Percent Washington 26.3% Utah 25.0% Arizona 21.3% Nevada 20.0% Oregon…
Weekly Twitter Digest (Link Roundup) for 2009-11-07
Seattle has its very own foreclosure tour. http://is.gd/4JmKk # The only people who believe NAR's "pending sales" measure has any relation to reality are the willfully ignorant. http://is.gd/4LeQO # Seattle City Council unanimously approves "backyard cottages" http://is.gd/4LDaT # Wow, weird. RT @mattgoyer: New blog post: Moda Repossessed? http://bit.ly/24T0rB # Apparently Seattle Bubble placed 16th out…