Optimism is seeping its way back to the market. Today stocks soared after news of an improving housing market and the finalization of the Treasury plan to buy toxic assets. With housing it was really a sign that sales have picked up. In fact it was the biggest month to month gain since July of… [Continue Reading]
Bold Moves To Benefit Housing
March 19, 2009 By Leave a Comment
The Fed announced today that they plan on buying $300 billion in Treasury Securities in an effort to bolster housing. The goal in doing so; as said after a unanimous vote in Washington today was; “To provide greater support to mortgage lending and housing markets, the Committee decided today to increase the size of the Federal Reserves… [Continue Reading]
Bellora
March 9, 2009 By 2 Comments
Project: Bellora Neighborhood: Belltown DESCRIPTION Bellora located at Elliot and Clay is still recognized as one of Belltown’s best. Well managed, sound building, great location and wonderful amenities. SEARCH PICTURES MAP View Seattle Condo Map in a larger map PROJECT INFO AND UCS GRADE
Mark-to-Market Accounting
March 8, 2009 By Leave a Comment
Mark-to-Market accounting also know as “fair-value accounting” is hurting our economy. When asset prices start to fall, mark to market accounting means that banks feel pressure to loan less, to make sure their liabilities aren’t greater than their assets. Fortunately on Thursday this issue will be discussed in a House financial services subcommittee. One well known… [Continue Reading]
What developers don’t want me to tell you
March 1, 2009 By Leave a Comment
Visit any sales center in the city and you will probably know what I’m about to tell you. Developers are giving away concessions at will. Yep; you heard here. There is absolutley, positively no reason to sit on the fence any longer. Why would you? It is impossible to time the market anyway. A full… [Continue Reading]
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