Many of you are aware of the “Residential Property Index” published for the top 25 MSAs by Radar Logic. Radar Logic has a similar business model to MacroMarkets with the Case-Shiller Index (e.g., creating housing-based contracts to be traded on a futures market) but there are some key differences in the way that they calculate…
Seattle Bubble Speaks out Against Bailouts on NPR
Stop the Mortgage Bailout, Patrick.net, and Seattle Bubble were featured this morning in a segment called Opposition to Proposed Homeowner Bailout Growing on NPR about the various government bailout plans. You can listen to the full three-minute segment on NPR’s website. Here’s a little clip of my appearance: https://seattlebubble.com/blog/wp-content/uploads/2008/04/npr_2008-04-09-clip.mp3 The house Mr. Kaste and I…
WaMu: Goodbye, Home Loans
It’s a good news / bad news day for local lending juggernaut Washington Mutual. The good news: They got a big cash infusion from a private investment group, and may not go the way of New Century. The bad news: They’re completely pulling out of wholesale lending, closing their home loan centers, and eliminating 3,000…
March Reporting Roundup
I would have posted the reporting roundup on Saturday, but I was out of town for the weekend, and my only Internet access was dial-up (*shudder*). The tone of this month’s reporting isn’t too much different from last month, except that we’ve got a small dose of optimism thanks to a slight spring improvement. Of…
Poll: Has the Seattle-area housing market hit bottom?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 04.12.2008.