You know that the local housing slowdown is essentially undeniable when even the local TV news starts to pick up the story… It’s not exactly a slump, but some of the wind has left the sails of the local real estate market. What used to sell in two weeks is now taking as long as…
Tag: lending
Jumbo Tightening Squeezes King County Buyers
Okay so this is old news to any of you that have been following the mortgage mess as it unfolds, but it’s worth bringing up again to point out the fact that Elizabeth Rhodes at the Seattle Times has finally admitted what a mess we’re in: The evening before their home purchase was to close,…
Washington State Plenty Exposed to Mortgage Mess
Warning: Mild sarcasm ahead Look what happens when you let someone other than a seasoned real estate reporter write articles about the market. You get the frightening truth—Washington State and the Seattle area are not exempt from feeling the effects of the national lending meltdown. Go figure. Ongoing turmoil in the subprime mortgage industry could…
Bubble Link Roundup
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!