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Washington Banks Hit With More Bad Loans

Posted on November 18, 2008 by The Tim

Kirsten Grind had an interesting piece about local banks in the Puget Sound Business Journal last Friday: Bad loans rising at Washington banks Bad loans are up dramatically at Washington state banks, surpassing the national average and reaching levels that local banking experts say are unprecedented. … Washington banks historically have seen lower levels of…

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Are Reluctant Title Insurers Hampering the Market?

Posted on November 18, 2008November 18, 2008 by The Tim

I received the following in an email from a reader: In August I found a brand new townhouse in a great location that is selling at about 5 or 10% below recent comps (and 15 to 25% off of what it would have gone for at peak). I still think I am going to end…

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Puget Sound Counties October NWMLS Update

Posted on November 17, 2008December 9, 2008 by The Tim

Let’s check in on the NWMLS statistics from around the sound. Here’s where the YOY stats stand for each of the six counties as of October 2008: King – Price: -11.7% | Listings: +2.7% | Sales: -22.4% | MOS: 8.3 Snohomish – Price: -10.8% | Listings: -6.0% | Sales: -28.0% | MOS: 10.9 Pierce –…

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Poll: What time of year would you prefer to buy a home?

Posted on November 16, 2008November 23, 2008 by The Tim

Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 11.22.2008.

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Ask the Industry Insiders: Dan Klusman of RightTimetoBuy.org

Posted on November 14, 2008November 14, 2008 by The Tim

For the first interview in our “ask the industry insiders” series, we turn to Dan Klusman, Director of Communications for the Master Builders Association of King and Snohomish Counties, the group behind the website Right Time to Buy. Rather than pick and choose what portions of the interview to share, I’m just going to include…

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