Foreclosed Esplanade condos in Tacoma back on the market – http://is.gd/4UU0E # Commercial RE: Expedia Tower in downtown Bellevue sells for $168 million – http://is.gd/4X9w2 # Seattle unemployment rate now just as bad as the statewide rate: 9.3% – http://is.gd/4XmOH # Forbes: Ichiro's cuts price on home "to lure reluctant buyers." http://is.gd/4YjJI Home went pend….
Category: News
News, current events, etc.
Home Prices Going Back Down in 2010?
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:…
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…