I posted about this earlier this week on the official Seattle Bubble Twitter account, but I thought it would be worth a post of its own. Via The New York Times: Construction Loans Falter, a Bad Omen for Banks Even as the economy may be starting to recover, banks across the country are confronting a…
Tag: construction
Stalled Development Map: Over 75 Stalled Projects Mapped
Here’s another update on the Seattle Bubble interactive stalled / slow development map. In the month and a half since the launch of the map, readers have contributed 76 stalled and/or slowed residential developments in the greater Seattle area. The Bothell area still has the largest representation, and even months after starting the map, I…
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Seattle-Area Housing Oversupply Still Increasing
One set of data we like to check in on occasionally is the big picture of local housing supply and demand, measured by comparing the total number of housing units to the total number of households. You may recall the last time we checked in on this data back in March: Local Housing Oversupply Could…
Stalled Development Map Update, Developments in Foreclosure
Just a quick update on the Seattle Bubble interactive stalled / slow development map. So far readers have contributed 48 stalled and/or slowed residential developments in the greater Seattle area. The greatest concentration by far is in the Bothell area, which may be due primarily to the fact that that’s where a few especially prolific…