The last few days have seen a handful of articles in the local press on the subject of the strength (or lack thereof, as it turns out) of local banks. Here’s a brief summary. First-up is a relatively in-depth look at the status of dozens of banks based in Washington State: Washington’s banks under stress…
Tag: Boone
Reporting Roundup: The bottom is in, unless it isn’t.
Time for yet another thrilling installment of “see how the local press repackaged the NWMLS press release.” First, for comparison, here’s the NWMLS press release that accompanied yesterday’s numbers: Western Washington Home Buyers Starting to Grasp “unique housing opportunities” “I believe these results are reflective of what might be called a “mental filibuster” for potential…
Friday Link Roundup: Slow Sales, Foreclosures, Deceptive Stats
Got a bunch of things to share with everybody that have built up over the past week, so let’s just get right into it. First up, a couple of stories that take a look at the big picture local numbers… Aubrey Cohen, Seattle P-I: Washington sees nation’s largest drop in sales Patricia Murphy, KUOW: Bad…
January Reporting Roundup: C’mon ‘N Ride The Train
Here’s the NWMLS press release that accompanied yesterday’s numbers: Home Buyers Starting to Seize Opportunities in Some Western Washington Areas “Home buyers in Pierce and Kitsap are starting to recognize the opportunities that exist for first-time buyers and those looking to buy a home in the more affordable price ranges,” said J. Lennox Scott, chairman…
December Reporting Roundup: The Blame Game Continues
Here’s what I said on December 18th: I predict that sales will be abysmal this month (worst December on record), and that the real estate mouthpieces quoted in the NWMLS press release (and subsequently in the local papers) will blame the low numbers on the weather. As if we never have inclement weather in December….