Meshugy presents good facts on recent sales. Other bloggers have asked me about financing statistics. Let’s take some of Meshugy’s recent sales and find out how people are financing the home purchases. This will shed light on the fuel that drives this market. Money. My opinion is that if people did have a significant down…
Trahant: Wake Up and Smell the Credit Bubble
There were a lot of interesting stories in the news this weekend, but the one that deserves attention before the rest is the latest editorial gem from Mark Trahant. This region ought to be one where we are comfortable with the boom-and-bust cycle. It is inevitable — and it is reflected in our stories. Yet…
Correction: Income Decline Map
I’d like to make a correction to an earlier post. It was pointed out to me by the ever-vigilant Richard that the income map I posted earlier this week used data sets from two different sources for the two years they compared. The discrepancy was discovered by a pair of reporters at The Examiner. More…
A Gold Star For Times Cartoonist Eric Devericks
The latest editorial cartoon from the Seattle Times: Thanks to jpsfranks for pointing it out.
Drive By Commenting
I just love it when random people drop by this blog and get the feeling that they need to set me straight. Here’s a recent example of this phenomenon that I found particularly amusing. The discssion (sic) is really lame for those who have a choice between buying a home or renting a home. For…