In what is becoming a bit of a regular occurrence, Seattle’s #1 real estate cheerleader yet again wields her powers of misdirection in response to a probing reader question. Q: There is an entire group of people today who’ve never gone through a major recession. How will home prices be affected if we do have…
Tag: Seattle_Times
Bubble Link Roundup
There have been a lot of real estate articles in the local dead tree outlets the last few days. It’s time for another link roundup before I get too far behind and forget to mention some of them. First up, it’s Mark Trahant of the P-I with yet another thoughtful, well-reasoned take on Seattle’s housing…
March Reporting Roundup
Back from my busy week of travel and recharged over the Easter weekend, it’s time to post the March roundup. As usual, let’s kick things off with Seattle’s #1 real estate cheerleader, Ms. Rhodes, with her fawning article about all about how great and wonderful it is that median prices increased last month. After stalling…
Seattle Immune to Financing Woes?
When the question is “how will the current home lending meltdown affect the housing market in Seattle,” the answer depends on who you ask. For instance, if you ask #1 Seattle real estate cheerleader Elizabeth Rhodes, the answer is something to the effect of: “Seattle is special. Don’t worry your pretty little head about it.”…
Mortgage Mess Difficult to Ignore
Take a look at the front page of the Seattle Times website this morning: Click to enlarge That’s Coalition warns of “mortgage tsunami”, followed by Accounting, executives at lender New Century investigated, Fraud charges at Metropolitan Mortgage & Securities settled, and of course Mess unlikely to break economy. First off, I don’t think the term…