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  • Rain City Mortgage Rates (17)
    • synthetik: ALERT: if you are planning on closing a mortgage with loan amounts of $417,001-$567,500 by the end of the year, you are a freaking moron. Deflation folks....
    • ARDELL: Sorry, thought sampai’s comment was on my post where we were talking about his condo post. Didn’t mean to hijack your post, Rhonda :) I’m a...
    • Kary L. Krismer: Ardell, re #13, if that was in response to #10, what I was referencing was rapid appreciation over a short period of time, not absolute value. If...
    • Rhonda Porter: If your loan amount is over the conforming limits of $506k, you may be better off with a small local bank or credit union–there still is not a...
  • $7,500 1st Time Buyer “Credit” is a LOAN (33)
    • Kristi: I have a question, If we purchase a home and close on February 6, 2009 when will we recieve the $7,500? Right away, not until we file our 2009 taxes?
  • Did the recent market shift affect Hitler too? (28)
    • Kary L. Krismer: I don’t listen to enough of those people to know. Maybe Rogers? The problem is you need someone that’s consistently one position to...
    • Eleua: KLK, Would you care to name a particular “broken clock?”
    • Alan: Take a look at these quotes from Taleb: http://www.fooledbyrandomness. com/imbeciles.htm
  • Wells Fargo to Cut Jobs in Wholesale Lending (2)
    • Russ: Rhonda: You are correct. The true broker market is going to be decimated. There will not be any mom & pop broker shops anymore. All of the lenders are...
  • Nana needs a booster seat by tomorrow night (16)
    • ARDELL: The airlines are charging for every bag and item these days! We borrowed Joan’s, which was a blessing. It’s not even 2 p.m. of day one and I...

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Tag: housing-crisis

The Housing Crisis is Like Hurricane Katrina

There were four back-to-back panel sessions on the topic of Foreclosures at Real Estate Connect this morning. Here are some sound bites and quotes.
There are 25,000 homes per MONTH in California that are going back to the lender.  This is going to create a glut of housing inventory for many months into the forseeable future.  [...]

Posted: July 23rd, 2008 under Bank failures, Fannie Mae and Freddie Mac, foreclosure, housing-crisis.
Tags: , ,
Comments: 69

Whose priority is it?

During the local evening news, I’ve been seeing what appear to be political ads. What’s strange is that the election ended months ago, so the timing of this multi-media blitz is rather curious. The ads in question, are part of the It’s A Priority media campaign paid for by the Washington Association of Realtors. The [...]

Posted: January 14th, 2007 under General Real Estate.
Tags: , , , ,
Comments: 17