Reporter Aubrey Cohen and the Seattle PI are at it again, this time pimping new development in Columbia City. A Seattle developer has proposed a mixed-use project in Columbia City aimed at providing homes typical workers can afford to buy, while another developer also has condo plans in the up-and-coming South Seattle neighborhood. The 63-condo…
WaMu Trying to Cope With Slowdown
Local mortgage giant Washington Mutual has been in the news quite a bit the last few days. On Tuesday, Seattle Times business reporter Amy Martinez made the (not-so-bold) prediction that WaMu won’t escape subprime turmoil. During the housing boom of the past several years, Washington Mutual was among the nation’s top lenders in the high-risk…
World-class not "merely boasting how darn great we are."
If I were the egocentric type, I’d probably think that none other than the P-I’s Bill Virgin is a Seattle Bubble reader. A mere five days after I dispelled the notion that Seattle is “world class,” Bill delivers the exact same message to a broader audience in today’s column: So what makes a world-class city?…
Drive By Commenting
Comments like this one crack me up: I am not sure what I have stumbled in on. This is the first time I’ve seen this blog. It seems as though this site is a place where people are trying to convince themselves that the Seattle real estate market is going to fail and that it…
Misdirection Master Strikes Again
In what is becoming a bit of a regular occurrence, Seattle’s #1 real estate cheerleader yet again wields her powers of misdirection in response to a probing reader question. Q: There is an entire group of people today who’ve never gone through a major recession. How will home prices be affected if we do have…