Tag Archive

Local Banks Part II

By George Thurtle

In the last post I discussed the overall market conditions and unique nature of our banking market in the NW that is causing so many problems in this state. 2010 will be the year of reckoning for our local banks and in addition to the market forces there are regulatory forces causing problems. In November of 2008 as the TARP... »

Distressed Inventory Report 8-1-09

By George Thurtle

Below is the updated inventory report. There appears to be no rise in distreesed inventory and a couple of homes have sold. There were no new forclosed homes and only two new notices of Trustee Sale. In general everything balances but in 98005 there were no new foreclosures but the foreclosed homes jumped by two.                                            ` Aug 1-09 July 26-09 98005 New... »