Author Archives: thadmin

Temp Post

Not that I’ve been diligent, but I’m going into surgery so won’t be posting for a while

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Bank of America’s Recon Trust Sued by Washington State

As reported by Bloomberg News (Margaret Cronin Fisk in Detroit & Brad Broberg in Seattle): Once again, it would appear that Bank of America’s lack of consideration for America’s cetizenry has been demonstrated.  This time Bank of America Corp.’s ReconTrust unit … Continue reading

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Treasury witholds HAMP funds from BofA & Chase

I can’t say that this is too surprising, I only wish that the Banking giants (commercial and Wall Street), could/would be held accountable for their contribution to this mess we’re in: Read and enjoy http://www.housingwire.com/2011/09/01/treasury-withholds-hamp-funds-from-bofa-chase-again

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Kitsap County Growth & Home Value Article

Interesting Article:  Seems to repudiate the Growth Management Board’s dictums. Growth management hasn’t worked, analyst says By Rachel Pritchett, Kitsap Sun SILVERDALE — Growth management acts haven’t worked and should be retooled, a leading Northwest economic analyst told local Realtors … Continue reading

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Bad News/Good News

As I’ve mentioned in past posts, the news media seems to delight in broadcasting “dire” news to us these days, or maybe they always have and I just didn’t pay attention. In any event, they’re at it again: Last month … Continue reading

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Kitsap County’s Secret

While the Case Schiller housing value reports are projecting continued negative numbers for the greater Seattle area, the opposite is being projected for the close-by city of Bremerton. Rick Newman’s (usnews.com) post of 2/2/2011 reports that the research firm Fiserv … Continue reading

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Historical Interest Rates 1963 – 2010

I thought that this might interest (no pun intended) to some folks. It’s amazing the swings that rates have taken over the years. Thank goodness they’ve stayed low through these tough times.

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Poulsbo Home Values Down

According to Zillow, Poulsbo’s December 2010 home values were Down 0.9% compared to November 2010 and down 6.7% compared to December 2009. See http://www.zillow.com/local-info/WA-Poulsbo-home-value/r_22544//?scid=emm-021511_FebLocalProClaim-bab for more information

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Positive influences on the Real Estate Market

With regard to the underlying factors that are influencing the market in general, the news is good:  On the unemployment front, Washington State has an 8.5% rate whereas Kitsap County  has a 6.7% rate compared to the 9.8% we’ve all … Continue reading

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Kitsap County Waterfront Value

Waterfront Values: With regard to waterfront County-wide, we again saw an average sale price decline, but dramatically less so than previously (-2.15% vs 2009 –see attached graph – Kitsap County Waterfront Sales).  This results in waterfront’s overall value decline at almost 35% … Continue reading

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