Speaking of the economy, here’s a headline I never expected to see in The Seattle Times, let alone above the fold on the front page of the Sunday paper: I guess this is a surprising discovery for some people—something that is considered big news. Here are some choice excerpts from the article: “If things get…
Tag: Seattle_Times
February Reporting Roundup
Here comes this month’s market reporting roundup. After seven months of declining/flat prices, declining year-over-year sales in 27 of the last 28 months, and 23 straight months of an ever-increasing number of homes on the market, I think we can officially declare that the Seattle-area housing market is in a slump. Of course, while the…
2007 Street of (Materialistic) Dreams Torched
It looks like we may not get to have a 2007 Street of (Materialistic) Dreams follow-up post this year like we had for 2006, since the homes have apparently been torched. KING 5 / AP Several homes were destroyed by a series of fires early this morning in a Street of Dreams neighborhood near Maltby…
Will Seattle avoid recession, or feel the brunt?
It seems to be a foregone conclusion lately that the US is currently entering recession. Of course, much like the housing market, the some aspects of the economy are local, so we can’t assume that what’s going on nationwide will necessarily hit us here. Following are a couple of articles from the last few days…
January Reporting Roundup
It’s time for another reporting roundup. Let’s see what the local newspapers have to say about January’s not-so-positive numbers from the NWMLS. Will they claim that the market “bottoming out” and about to jump into full recovery mode? Or maybe they have finally come to accept the fact that Seattle will not avoid the downturn,…