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Quadrant Homes Cuts 20% of Workforce
From the P-I: Quadrant Homes lays off 45 workers Quadrant Homes, the Puget Sound area’s largest home builder, announced Thursday that it is cutting its work force by 20 percent in response to the slowdown of new home sales in the area. The company will lay off 45 associates from its Bellevue headquarters and field…
August Foreclosure Update (with Charts)
As a follow-up to last Friday’s foreclosure news, let’s take a look at a couple charts of local foreclosures. I contacted the folks at RealtyTrac to request historical foreclosure data for the Seattle area, and they were kind enough to provide me with their foreclosure data for King + Snohomish counties going back to April…
WaMu Nearing the End?
WaMu is still making headlines, and in this case I don’t think any press is good press… New York Times: Washington Mutual Is Said to Consider Sale Seattle Times: WaMu scrambles to stay alive; it may be trying to find buyer From the Seattle Times article: With the wreckage from the nation’s worst financial crisis…
A Cautionary Home-Buying Tale: Look Before You Leap
Here in Seattle it seems like we’re ground zero for real estate search websites, with Redfin, Estately, John L. Scott, Windermere, and many others constantly competing to add newer fancier features that make it amazingly easy to find a shiny new home in Seattle from the comfort of your old and busted hovel anywhere in…