Market Update January 2010
Last month showed more signs of a bright future for months to come. Of the seven cities in Washington reviewed all showed tremendous year over year growth.
Auburn, WA has had a 5.1% increase in sold properties in the last twelve months, including an 86% increase of homes in escrow…. Read More
January 2010 Market Update and Trivia Question
January 7, 2010 By 3 Comments
WSJ Quarterly Housing Survey: More Pain to Come
October 27, 2009 By Leave a Comment
I meant to get to this last week, but the day it came out, I was mostly drunk (my bday), and I somehow missed it: “Despite some tentative signs of recovery, the U.S. housing market remains vulnerable to further price drops—especially in areas where large numbers of mortgages are headed toward foreclosure over the next few years. The Wall Street Journal’s quarterly survey of housing-market data in 28 major metro areas shows sharp drops in the number of homes listed for sale across the countr
Anecdotes on reckless lending at WaMu from the Seattle Times
October 25, 2009 By Leave a Comment
The Seattle Times has a must-read piece on Washington Mutual today which reveals a lot of the fine detail on how the company was run and what led to its demise (hat tip calculated Risk). As with many of the other busted financial giants like Northern Rock and Lehman Brothers, indications that something was amiss were apparent long before their ultimate demise. However, in an environment of easy money and lax regulatory standards those signs were overlooked as share prices kept rising. Here
Zillow releases new Bonney Lake, WA YTD Stats
October 13, 2009 By Leave a Comment
This first chart illustrates and confirms that Bonney Lake is still a bedroom community for families, with the owners vs. renter ratio way above the national level.
Here you see that Bonney Lake still has a good mix of newer homes and older homes. The rebuilding of neighborhoods has slowed but new construction has been down… Read More
Tolerance in Tacoma?….To Pro-homosexuals it’s One Way.
October 1, 2009 By Leave a Comment
They tell YOU to be open minded, respectful, love every one and let’s just tolerate everyone’s views. But to pro-homosexuals tolerance is a one way street. They continue to steal, vandalize and destroy the “Reject” R-71 signs. In the upcoming election in WA State, voters have the opportunity to reject SB 5688. Info: www.ProtectMarriageWA.com
