A commenter over at RCG pointed out this Business 2.0 article that labels Seattle as “bubble-proof.” About the last place a prospective homebuyer might want to peruse MLS listings these days is in one of the country’s most expensive markets, like San Francisco, where the median cost of a single-family dwelling has jumped 37 percent…
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Seattle Bubble Announcements
Good Monday everyone. I’d like to take a moment to announce a few new things going on here at Seattle Bubble. First off, you may have noticed that the “About This Blog” section on the right has been transmogrified into “Read These Posts.” I realized that there were some posts that I was consistently referring…
WaMu: Housing Slowdown Driving Down Profit
In the past, we have drawn attention on Seattle Bubble to cutbacks or other unpleasant news for local mortgage-related businesses. The reason for this is to draw attention to the fact that the national slowdown in housing is having negative local effects here in the Seattle area. With that in mind, I thought I should…
Advertising the Bubble
As I was catching up on the comments, I was rather intrigued by the direction that you all took Monday’s open thread. Here’s a recap for those of you that do not closely follow the comments. When it comes to the blatant cheerleading nature of the real estate section of the newspapers, they probably feel…
Goldilocks Has Analgesia
This article from the Seattle Times this morning, Housing Bust? No, a cyclical correction, reminded me of a recent episode of Grey’s Anatomy. A young girl believes she has superpowers because she feels no pain. If Goldilocks had Analgesia she could have easily gorged herself on the hottest of porridge without a second thought. “With…