A pair of maps containing interesting statistics surfaced in the past few weeks that are worth sharing here. First is the “Map of Misery” from BusinessWeek, showing “the percentage of new and refinanced mortgages into loans with payment options.” This is important to note, because as BusinessWeek explains: The option adjustable rate mortgage (ARM) might…
Bubble Link Roundup
Time for another inbox-clearing bubble link roundup. Try to hold down your lunch while you delve into the flashy world of downtown condo marketing. But condo’s aren’t just the rage in downtown Seattle, they’re cropping up everywhere, even on Bainbridge Island. Do you hear that? That’s the world’s smallest violin playing a song of pity…
Economy.com: Seattle Definitely Special
Commenter MIDan pointed out a downright funny article over at Forbes.com in which they publish graphs predicting the next ten years of real estate prices in 15 metro areas around the country, including Seattle. Here’s their graph for Seattle: You just know it has to be correct, because I mean listen to this terribly convincing…
"An abundance of homes" in Thurston County
Usually the Olympian beats the Seattle rags by a day with their report on the latest monthly housing figures. For some reason, this month the Times, P-I, and everyone else seems to be sitting on their hands, allowing the Olympian to beat them by no fewer than three days with their report of the continued…
11pm News: Fiscal responsibility is waning
It’s 11pm. After my spouse wrote a piece over at Rain City Guide earlier this evening, I decided to write about something on my mind here at Seattle Bubble. The blame rests on me I’ve made some stupid financial decisions in my life. I blame me. And, my ignorance in financial matters.When I do filing…