The Tacoma News Tribune reports on a $7.2 million shortfall in the city budget, thanks to a 36% drop in expected real estate taxes: The City of Tacoma may have to delay or slow construction on some projects in order to patch a projected $7.2 million shortfall from real estate taxes this budget cycle. The…
Taking Advantage of a Buyer’s Market
So now that Puget Sound counties have been in a “buyer’s market” for around a year, there are probably some good deals to be found out there. But how do you find them? To be clear, my personal opinion is that we’re still in for another year or two of declining prices. However, I’m sure…
Poll: McCain / Obama: Does it really matter vis-à-vis the housing meltdown?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 09.07.2008.
Desperate Home “Owners” Overwhelm Local Counselors
Wait a minute… I thought only California had lots of people that took out dangerous loans, and are now at risk of foreclosure. Counselors overwhelmed with calls from desperate homeowners Housing advocates and lending counselors say they’re being overwhelmed with calls for help from desperate Seattle-area homeowners, many on the brink of foreclosure. … As…
Local Economy in for a “Long Slog”
Jon Talton wrote a great article for the Times a few days ago that goes deeper than the usual “Boeing! Microsoft! Pink Ponies!” type articles and explores all the ways the Seattle region is exposed to the slowing economy: For local economy, it’ll be a long slog. …the national slowdown is finally hitting the Puget…