Over at the Puget Sound Business Journal, reporter Kirsten Grind posted an interesting story today on their recently-launched BizTalk blog: Crackdown on HomeStreet Bank comes as a surprise Washington state regulators don’t seem to have much patience these days for our struggling community banks and are increasingly slapping them with cease-and-desist orders to force a…
Tag: Business Journal
Study: So What if Boeing Does Leave the Puget Sound?
The Puget Sound Business Journal posts today about an interesting study just released by the Washington Alliance for a Competitive Economy: What if Boeing Left Washington? (pdf) The report explores the effects of both an immediate withdrawal of Boeing in 2013 and a 10-year phased withdrawal from 2013 to 2022. In addition to estimating the…
More Unfounded Starry-Eyed Nonsense from Lawrence Yun
Discredited NAR mouthpiece Lawrence Yun paid Seattle a visit on Friday to spout some more of his trademark wish-based forecasting. The Puget Sound Business Journal and the P-I both had brief write-ups of his presentation. From Aubrey Cohen’s write-up in the P-I: “We believe that the home prices have already fallen to what could be…
Signs of the Times
I thought I’d lump a few “sign of the times” type of stories into a single post, since it gets old after a while constantly reading (and writing) posts that are basically just slight variations on the “the real estate market is slow” theme. Here’s another interesting piece from Kirsten Grind over at the Puget…
Washington Banks Hit With More Bad Loans
Kirsten Grind had an interesting piece about local banks in the Puget Sound Business Journal last Friday: Bad loans rising at Washington banks Bad loans are up dramatically at Washington state banks, surpassing the national average and reaching levels that local banking experts say are unprecedented. … Washington banks historically have seen lower levels of…