Here’s a pair of interesting articles from the Puget Sound Business Journal this weekend. Puget Sound job growth slowing to trickle The [Puget Sound] Economic Forecaster, published for the last 15 years and used by companies and governments across the region, is predicting the four-county region will add just 5,900 jobs in the third quarter…
Tag: Business Journal
Tens of Thousands of Subprime Loan Resets Coming to Seattle
Interesting story from Kirsten Grind over at the Puget Sound Business Journal: Experts see more subprime-loan pain ahead Another big wave of subprime mortgages will see interest rates reset to a much higher rate over the next six months in the Seattle area, an indication that the Puget Sound region might still be facing further…
Today’s Slow Market “Is a Different Animal”
From an article on home staging in the Puget Sound Business Journal: For [Seattle home stager Jan] Sewell, who is also a Realtor with Windermere Real Estate and owner of her staging business since 1997, today’s market is unlike anything she has ever experienced. “I have been through a couple of slow markets in Seattle…
Puget Sound Business Journal on San Diego vs. King
Last week the Puget Sound Business Journal ran a piece comparing King County to San Diego County. It was behind a subscriber-only wall, but now it’s fully available on their website: How King County dodged mortgage mess compared to San Diego. Unfortunately, the article doesn’t really have any new material that regular readers here haven’t…
Seattle’s Condo Market: Where are the buyers?
It’s official: The Seattle condo market has hit finally a wall. Here’s a little article from the Puget Sound Business Journal on Friday that goes into all the details: With more than 400 condominiums under construction in a faltering housing market, Seattle-based Vulcan Real Estate has decided to sweeten the deal for potential home buyers….