Calculated Risk’s Unofficial Problem Bank List continues to increase in size, with the latest update including 576 banks across the country. This update added four more Washington State banks to the list: American Marine Bank in Bainbridge Island, Pierce Commercial Bank in Tacoma, The Bank of Washington in Lynnwood, and Viking Bank in Seattle. The…
Predictions: Looking Into the Crystal Ball for 2010
It is time once again for our annual predictions post, where your host goes on record with crazy shots in the dark about what might happen in the Seattle real estate market over the next calendar year. For those of you following along with this game at home, here are the predictions of record for…
Poll: How many Washington-based banks will fail in 2010?
Horizon Bank in Bellingham was the first US bank failure in 2010. Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 01.16.2010.
Weekly Twitter Digest (Link Roundup) for 2010-01-09
Great article in the NYT on the counter-productive nature of recent government interventions in housing. http://is.gd/5K0gx # The disappearing Boeing article I linked last week has reappeared: Boeing faces challenging economy, bitter rival in 2010 http://is.gd/5L8gp # Audio from my appearance this afternoon on KUOW has been added to the post. http://bit.ly/8tx6yW # via @TechFlash:…
2009 Pending vs. Closed Sales Wrap-Up
Since this month’s NWMLS press release focused on pending sales again, and there has been some discussion in the comments about what the relationship between pending and closed sales looks like in recent months, I thought it would be interesting to look at a few charts of the two data sets in a few different…