Comments for The Biz Buzz http://blog.thenewstribune.com/business Get the most up-to-date news, insights and analysis of Tacoma, Pierce County and South Puget Sound business. Wed, 23 Mar 2011 19:02:03 +0000 hourly 1 http://wordpress.org/?v=3.1.1 Comment on Cascadia sold to San Diego developer by Powr1 http://blog.thenewstribune.com/business/2011/03/23/cascadia-sold-to-san-diego-developer/comment-page-1/#comment-43686 Powr1 Wed, 23 Mar 2011 19:02:03 +0000 http://blog.thenewstribune.com/business/?p=11930#comment-43686 I disagree with the idea homes aren't selling in the Northwest, because they are. My data based on MSL indicates home sales of 30 to 45 days on the market. Imperical data intidates that I don't see many homes sitting and not settling. They sell MSL data shows this granted not as fast and not at the price as 2007. New houses are the issue. If a builder cannot get a loan to build a spec home on a vacant lot without a pre-sale agreement what is the lot worth? If money would be lent or you have a pool of funds from wealthy investor, who by the way are not paying their fare of taxes to support our economy, then property values rise because they would have value. I am not sheading a tear for HomeStreet because very likely they had foreclosure insurance so they got their money. I disagree with the idea homes aren’t selling in the Northwest, because they are. My data based on MSL indicates home sales of 30 to 45 days on the market. Imperical data intidates that I don’t see many homes sitting and not settling. They sell MSL data shows this granted not as fast and not at the price as 2007. New houses are the issue. If a builder cannot get a loan to build a spec home on a vacant lot without a pre-sale agreement what is the lot worth? If money would be lent or you have a pool of funds from wealthy investor, who by the way are not paying their fare of taxes to support our economy, then property values rise because they would have value.

I am not sheading a tear for HomeStreet because very likely they had foreclosure insurance so they got their money.


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]]> Comment on Cascadia sold to San Diego developer by ldrider51 http://blog.thenewstribune.com/business/2011/03/23/cascadia-sold-to-san-diego-developer/comment-page-1/#comment-43678 ldrider51 Wed, 23 Mar 2011 18:40:22 +0000 http://blog.thenewstribune.com/business/?p=11930#comment-43678 Wonder how long Newland will have to hold onto that white elephant before the economy shines upon it, allowing development. With home sales at their lowest point ever recorded, things don't look very positive right now. Wonder how long Newland will have to hold onto that white elephant before the economy shines upon it, allowing development. With home sales at their lowest point ever recorded, things don’t look very positive right now.

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]]> Comment on Big gift announced for Puyallup hospital by Alinup http://blog.thenewstribune.com/business/2011/03/22/big-gift-announced-for-puyallup-hospital/comment-page-1/#comment-43602 Alinup Wed, 23 Mar 2011 09:02:42 +0000 http://blog.thenewstribune.com/business/?p=11919#comment-43602 There were pushable computers sitting everywhere on the medical ward where Dad was. I can't say it improved his care a bit. There were pushable computers sitting everywhere on the medical
ward where Dad was. I can’t say it improved his care a bit.

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]]> Comment on What, Tacoma, depressed? The devil’s in the details by DannnyG http://blog.thenewstribune.com/business/2011/03/22/what-tacoma-depressed-the-devils-in-the-details/comment-page-1/#comment-43560 DannnyG Wed, 23 Mar 2011 02:16:51 +0000 http://blog.thenewstribune.com/business/?p=11920#comment-43560 You never know. Maybe Tacoma Shore television could save us. Throw in a Tacoma Housewives at the same time. hehe that would be a great show....Tacoma Housewives...haha cracking myself up...ok. Fact is...yes Tacoma is depressed. Just look at the single family home values. You never know. Maybe Tacoma Shore television could save us. Throw in a Tacoma Housewives at the same time. hehe that would be a great show….Tacoma Housewives…haha cracking myself up…ok.

Fact is…yes Tacoma is depressed. Just look at the single family home values.


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]]> Comment on Big gift announced for Puyallup hospital by drxtreme http://blog.thenewstribune.com/business/2011/03/22/big-gift-announced-for-puyallup-hospital/comment-page-1/#comment-43546 drxtreme Wed, 23 Mar 2011 00:59:53 +0000 http://blog.thenewstribune.com/business/?p=11919#comment-43546 Wow -- Thank you Mr and Mrs Dally...Everyone in this area will benefit from you gift... Wow — Thank you Mr and Mrs Dally…Everyone in this area will benefit from you gift…

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]]> Comment on What, Tacoma, depressed? The devil’s in the details by boonrob http://blog.thenewstribune.com/business/2011/03/22/what-tacoma-depressed-the-devils-in-the-details/comment-page-1/#comment-43528 boonrob Tue, 22 Mar 2011 23:44:33 +0000 http://blog.thenewstribune.com/business/?p=11920#comment-43528 Might me a good time to watch "South 5": http://www.youtube.com/watch?v=_G6xBwswjgs and the sequel: http://www.youtube.com/watch?v=Lf8UPTMVIIw&feature=related Might me a good time to watch “South 5″:
http://www.youtube.com/watch?v=_G6xBwswjgs
and the sequel:
http://www.youtube.com/watch?v=Lf8UPTMVIIw&feature=related

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]]> Comment on What, Tacoma, depressed? The devil’s in the details by humourologist http://blog.thenewstribune.com/business/2011/03/22/what-tacoma-depressed-the-devils-in-the-details/comment-page-1/#comment-43526 humourologist Tue, 22 Mar 2011 23:42:33 +0000 http://blog.thenewstribune.com/business/?p=11920#comment-43526 Yes, the "second city syndrome" hits Tacoma harder than Jersey, I think. At least we don't have a "Tacoma Shore" show... How about we build another business to replace Russell? I'm sure we have enough entrepreneurs around. I'm just tired of the fatalism. Yes, the “second city syndrome” hits Tacoma harder than Jersey, I think. At least we don’t have a “Tacoma Shore” show…

How about we build another business to replace Russell? I’m sure we have enough entrepreneurs around. I’m just tired of the fatalism.


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]]> Comment on What, Tacoma, depressed? The devil’s in the details by ps5150 http://blog.thenewstribune.com/business/2011/03/22/what-tacoma-depressed-the-devils-in-the-details/comment-page-1/#comment-43525 ps5150 Tue, 22 Mar 2011 23:42:29 +0000 http://blog.thenewstribune.com/business/?p=11920#comment-43525 I remember as a kid how downtown used to be. Sears was there and a few other big names. When Sears left to go to the mall, downtown died. I believe that big names do need to come into downtown. And if they require a little "attention", so be it. The benefits outweigh the downside. Look at Portland and even Seattle. Tacoma could market itself as NOT SEATTLE...look at us...we have cheap parking...come shop downtown. Oh yeah...it can be great again, just need to sell some big names here and Tacoma is set! I remember as a kid how downtown used to be. Sears was there and a few other big names. When Sears left to go to the mall, downtown died. I believe that big names do need to come into downtown. And if they require a little “attention”, so be it. The benefits outweigh the downside. Look at Portland and even Seattle. Tacoma could market itself as NOT SEATTLE…look at us…we have cheap parking…come shop downtown. Oh yeah…it can be great again, just need to sell some big names here and Tacoma is set!

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]]> Comment on What, Tacoma, depressed? The devil’s in the details by kanpai http://blog.thenewstribune.com/business/2011/03/22/what-tacoma-depressed-the-devils-in-the-details/comment-page-1/#comment-43524 kanpai Tue, 22 Mar 2011 23:38:44 +0000 http://blog.thenewstribune.com/business/?p=11920#comment-43524 One reason why large super tenants aren't maybe such a good strategy. They can always leave, but if they stick around, they can also politically hold a city hostage. One reason why large super tenants aren’t maybe such a good strategy. They can always leave, but if they stick around, they can also politically hold a city hostage.

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]]> Comment on What, Tacoma, depressed? The devil’s in the details by dirtydan54 http://blog.thenewstribune.com/business/2011/03/22/what-tacoma-depressed-the-devils-in-the-details/comment-page-1/#comment-43522 dirtydan54 Tue, 22 Mar 2011 23:19:25 +0000 http://blog.thenewstribune.com/business/?p=11920#comment-43522 That one key word in the last sentence says it all. If. That one key word in the last sentence says it all. If.

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