Seattle Bubble

News & discussion about real estate & the housing bubble in the Seattle area.

Seattle Bubble - News & discussion about real estate & the housing bubble in the Seattle area.

Entries from January 2007

Listing History

January 23rd, 2007 · 8 Comments

My thoughts on the issue while working hard.
A balanced perspective
The dissemination of data from the NWMLS to the public will be limited for a variety of reasons. Safety and protection of potentially personal information of each seller is paramount.
I am uncertain whether the issue of safety and protection of personal information should fall [...]

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Hello Again, Condo Anecdote

January 23rd, 2007 · 1 Comment

This is at least worth a brief mention. Another unit has come up for sale in the condo complex in my neighborhood that was the subject of my first anecdotal post. Actually, it’s not “another unit” but rather the same unit that sold just over a year ago.
In December 2005 Unit #6 was [...]

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If the MLS is an advertisement…

January 22nd, 2007 · 22 Comments

At the risk of beating a dead horse, I’d like to continue Friday’s conversation about the re-listed house on Avondale.
Thanks to yet another reply by Ms. Reed as well as a series of replies from Ardell, it has finally gotten through my thick skull that “cancel and relist” is different from “let expire and relist.” [...]

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Update: Anecdote: Reloaded

January 19th, 2007 · 32 Comments

Sarah Reed, the listing agent of the still-unsold $1.275 million-dollar home left a comment on my recent post about her listing. I feel it is only fair to reprint her comment here on the front page so that more people are able to read her defense.
So here it is, word for word.
Regarding my listing [...]

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HouseMath 2.0 - Lending Woes - News

January 19th, 2007 · 17 Comments

I’ve received a few e-mails over the past holiday season, some asking if I disappeared. Yes, I read this and many other Blogs every week. I’m not hibernating. So here’s what’s up:
When people decide it’s time to buy in the market this is a cool tool to use.
May I introduce the HouseMath [...]

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Does Job Growth == Home Buying Demand?

January 18th, 2007 · 12 Comments

An article in the Times yesterday about the Puget Sound’s job recovery following the dot-com bust got me thinking again about the oft-claimed jobs to home prices correlation. The usual assertion goes something like this: “Prices are justified because our economy is strong (i.e. - lots of jobs), and as long as we keep [...]

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