Dang, my inbox has been flooded with stories lately. Here’s a recap of some of the more interesting ones related to the local housing market. Click below to read tales of rising rents, flaming hot office markets, expensive and stale listings, virtual property tours, disappearing mortgage options, booming condos, and more!
Tag: Financing
Drive by commentary: Street of Dreams, I’m not digging any more post $#%!! holes, Red Sox, market, other stuff.
Mortgage Woes “Not Happening in Seattle”
As the nation’s home lending situation continues to deteriorate before our eyes, you can count on the local press to keep pushing the “we’re completely immune here” line. (Emphasis mine) Nationwide, Americans are finding themselves unable to make their mortgage payments. Those folks share common traits: They’ve borrowed too much, they’ve lost their jobs or…
Seattle Times RE Roundup
The Seattle Times has had a good handful of real estate stories in the last few days, but none of them have been interesting enough to merit their own post. However, now that I’ve got a little collection of them in the inbox, here’s a roundup with snippets from all four. Jane Hodges, Buying on…
WaMu Trying to Cope With Slowdown
Local mortgage giant Washington Mutual has been in the news quite a bit the last few days. On Tuesday, Seattle Times business reporter Amy Martinez made the (not-so-bold) prediction that WaMu won’t escape subprime turmoil. During the housing boom of the past several years, Washington Mutual was among the nation’s top lenders in the high-risk…