"Home buyers, it's time to haggle," admits the P-I, going on to point out that King County's median house-sales price has dropped 6.2% from a year ago. Seattle is down 2.7%. [Caveat: Discussions of market valuation don't directly relate to the particular house you are thinking about buying. Any specific house can be over- or under-valued in a given market. So take all of this with a grain of salt.] On his blog, but not......

WaMu is like a free public water fountain these days. Except instead of water, it's all bad news. And it's not free, it's costing billions. But it is highly public! Last week there was a rumor of a buy-out floating around that lifted the stock slightly. But then JPMorgan Chase & Co. bought Bear Stearns and everyone went, Oh, that's what the buy-out rumor was and WaMu's subprime-mortgage-battered stock plunged again. Moody's Investor Service has......