Comments on: 2007 Neighborhood Inventory Breakdown http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/ News & discussion about real estate & the housing bubble in the Seattle area. Sat, 21 Nov 2009 10:02:55 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: February Neighborhood Inventory Update | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area. http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-44458 February Neighborhood Inventory Update | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area. Mon, 10 Mar 2008 18:26:16 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-44458 [...] Here’s an update to the King County single-family neighborhood inventory growth charts I first posted last month. [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('44458','February Neighborhood Inventory Update | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area.',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('44458','February Neighborhood Inventory Update | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area.','[...] Here’s an update to the King County single-family neighborhood inventory growth charts I first posted last month. [...]',''); return false;">Quote</a></div> [...] Here’s an update to the King County single-family neighborhood inventory growth charts I first posted last month. [...]
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]]> By: SeattleMoose http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-41462 SeattleMoose Sun, 17 Feb 2008 16:27:39 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-41462 Great job Tim. Graphs/numbers represent a relatively "harder truth" than unsubstantiated happy talk sound bytes on TV/Radio. Unfortunately I suspect you are preaching to the choir on this site (other than the random post from the dark side). But as was pointed out by another poster, it is up to us "disciples" to get the word out. I routinely point out the Seattle RE Bubble and use your URL as a reference for my conversational "time-bombs". Needless to say I get invited to fewer and fewer parties....<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('41462','SeattleMoose',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('41462','SeattleMoose','Great job Tim. Graphs\/numbers represent a relatively \"harder truth\" than unsubstantiated happy talk sound bytes on TV\/Radio. Unfortunately I suspect you are preaching to the choir on this site (other than the random post from the dark side). But as was pointed out by another poster, it is up to us \"disciples\" to get the word out. I routinely point out the Seattle RE Bubble and use your URL as a reference for my conversational \"time-bombs\".\r\n\r\nNeedless to say I get invited to fewer and fewer parties....',''); return false;">Quote</a></div> Great job Tim. Graphs/numbers represent a relatively “harder truth” than unsubstantiated happy talk sound bytes on TV/Radio. Unfortunately I suspect you are preaching to the choir on this site (other than the random post from the dark side). But as was pointed out by another poster, it is up to us “disciples” to get the word out. I routinely point out the Seattle RE Bubble and use your URL as a reference for my conversational “time-bombs”.

Needless to say I get invited to fewer and fewer parties….

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]]> By: 2007 Neighborhood Months of Supply Breakdown | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area. http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-41394 2007 Neighborhood Months of Supply Breakdown | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area. Sun, 17 Feb 2008 00:05:54 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-41394 [...] the monthly value of MOS for each area. I’ve broken the data into the same five graphs as the last neighborhood breakdown post. This time I’ve plotted them on a bar graph, centered vertically on 6.0 MOS, so that it is [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('41394','2007 Neighborhood Months of Supply Breakdown | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area.',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('41394','2007 Neighborhood Months of Supply Breakdown | Seattle Bubble — News & discussion about real estate & the housing bubble in the Seattle area.','[...] the monthly value of MOS for each area. I’ve broken the data into the same five graphs as the last neighborhood breakdown post. This time I’ve plotted them on a bar graph, centered vertically on 6.0 MOS, so that it is [...]',''); return false;">Quote</a></div> [...] the monthly value of MOS for each area. I’ve broken the data into the same five graphs as the last neighborhood breakdown post. This time I’ve plotted them on a bar graph, centered vertically on 6.0 MOS, so that it is [...]
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]]> By: Veedu http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40891 Veedu Wed, 13 Feb 2008 07:01:20 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40891 This is exactly what I've been looking for. Great job Tim. I hope you make this a regular feature like your King County graphs.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40891','Veedu',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40891','Veedu','This is exactly what I\'ve been looking for. Great job Tim. I hope you make this a regular feature like your King County graphs.',''); return false;">Quote</a></div> This is exactly what I’ve been looking for. Great job Tim. I hope you make this a regular feature like your King County graphs.
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]]> By: Deran http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40862 Deran Wed, 13 Feb 2008 01:45:29 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40862 Really great stuff, guys. Thanks a lot. In fact, after studying the info you put together, I was able to go to a party last night and scare other people of drinks; it was like telling scary stories at a sleep over; "But, they found out the call...was coming from inside the house!" Except these were adults, and yet they seemed just as uneasy abt my tales of your graphs, as kids over a hook hand killer roaming lovers lane.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40862','Deran',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40862','Deran','Really great stuff, guys. Thanks a lot. In fact, after studying the info you put together, I was able to go to a party last night and scare other people of drinks; it was like telling scary stories at a sleep over; \"But, they found out the call...was coming from inside the house!\" Except these were adults, and yet they seemed just as uneasy abt my tales of your graphs, as kids over a hook hand killer roaming lovers lane.',''); return false;">Quote</a></div> Really great stuff, guys. Thanks a lot. In fact, after studying the info you put together, I was able to go to a party last night and scare other people of drinks; it was like telling scary stories at a sleep over; “But, they found out the call…was coming from inside the house!” Except these were adults, and yet they seemed just as uneasy abt my tales of your graphs, as kids over a hook hand killer roaming lovers lane.
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]]> By: Runs With Scissors http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40823 Runs With Scissors Tue, 12 Feb 2008 20:31:46 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40823 Sorry, I meant "primary" residences in the first question line.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40823','Runs With Scissors',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40823','Runs With Scissors','Sorry, I meant \"primary\" residences in the first question line.',''); return false;">Quote</a></div> Sorry, I meant “primary” residences in the first question line.
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]]> By: Runs With Scissors http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40822 Runs With Scissors Tue, 12 Feb 2008 20:30:42 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40822 Graphs are great and help "peel the onion." Some deeper info I would love to know and may not be available is: What % of Seattle area homes are not private residences? What % or number of foreclosures are really folks who can't afford the payments on their home vs. "walkaways" from a speculative investment or second home? While we do see lot's of doom and gloom news from states like Colorado and California, and I know we try on focusing on the Seattle area here, I can't help but remember from living in both those states the high number of investment properties and second homes in a number of areas!<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40822','Runs With Scissors',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40822','Runs With Scissors','Graphs are great and help \"peel the onion.\"\r\n\r\nSome deeper info I would love to know and may not be available is:\r\n\r\nWhat % of Seattle area homes are not private residences?\r\n\r\nWhat % or number of foreclosures are really folks who can\'t afford the payments on their home vs. \"walkaways\" from a speculative investment or second home?\r\n\r\nWhile we do see lot\'s of doom and gloom news from states like Colorado and California, and I know we try on focusing on the Seattle area here, I can\'t help but remember from living in both those states the high number of investment properties and second homes in a number of areas!',''); return false;">Quote</a></div> Graphs are great and help “peel the onion.”

Some deeper info I would love to know and may not be available is:

What % of Seattle area homes are not private residences?

What % or number of foreclosures are really folks who can’t afford the payments on their home vs. “walkaways” from a speculative investment or second home?

While we do see lot’s of doom and gloom news from states like Colorado and California, and I know we try on focusing on the Seattle area here, I can’t help but remember from living in both those states the high number of investment properties and second homes in a number of areas!

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]]> By: The Tim http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40817 The Tim Tue, 12 Feb 2008 19:25:54 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40817 Anonymous, the y-axis is the total percent growth in number of homes for sale on the market, with January 2007 as the base point.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40817','The Tim',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40817','The Tim','Anonymous, the y-axis is the total percent growth in number of homes for sale on the market, with January 2007 as the base point.',''); return false;">Quote</a></div> Anonymous, the y-axis is the total percent growth in number of homes for sale on the market, with January 2007 as the base point.
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]]> By: Anonymous http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40816 Anonymous Tue, 12 Feb 2008 19:24:13 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40816 Love the graphs, but I would appreciate an explanation of the Y-axis, which I don't see anywhere.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40816','Anonymous',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40816','Anonymous','Love the graphs, but I would appreciate an explanation of the Y-axis, which I don\'t see anywhere.',''); return false;">Quote</a></div> Love the graphs, but I would appreciate an explanation of the Y-axis, which I don’t see anywhere.
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]]> By: The Tim http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40815 The Tim Tue, 12 Feb 2008 19:23:30 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40815 blueskitten and officeboy, I have the data you're looking for, but there isn't a way to link to it publicly, so I sent you both emails. If anyone else is interested in similar data, just shoot me an email and I'll see what I can do.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40815','The Tim',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40815','The Tim','blueskitten and officeboy,\r\n\r\nI have the data you\'re looking for, but there isn\'t a way to link to it publicly, so I sent you both emails. If anyone else is interested in similar data, just shoot me an email and I\'ll see what I can do.',''); return false;">Quote</a></div> blueskitten and officeboy,

I have the data you’re looking for, but there isn’t a way to link to it publicly, so I sent you both emails. If anyone else is interested in similar data, just shoot me an email and I’ll see what I can do.

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]]> By: officeboy http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40813 officeboy Tue, 12 Feb 2008 18:50:07 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40813 Or how about just links to the summery info. I'm having a hard time finding monthly recaps from May 2007 and older. King county is interesting and all but I would like to try and build some of my own data up for a bit further north.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40813','officeboy',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40813','officeboy','Or how about just links to the summery info. I\'m having a hard time finding monthly recaps from May 2007 and older. King county is interesting and all but I would like to try and build some of my own data up for a bit further north.',''); return false;">Quote</a></div> Or how about just links to the summery info. I’m having a hard time finding monthly recaps from May 2007 and older. King county is interesting and all but I would like to try and build some of my own data up for a bit further north.
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]]> By: blueskitten http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40798 blueskitten Tue, 12 Feb 2008 17:02:13 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40798 Tim - do you have (or do you know where I could find) the MLS breakouts for Pierce County? I'd be interested in seeing the area-specific data for the south sound.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40798','blueskitten',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40798','blueskitten','Tim - do you have (or do you know where I could find) the MLS breakouts for Pierce County? I\'d be interested in seeing the area-specific data for the south sound.',''); return false;">Quote</a></div> Tim – do you have (or do you know where I could find) the MLS breakouts for Pierce County? I’d be interested in seeing the area-specific data for the south sound.
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]]> By: Buceri http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40756 Buceri Tue, 12 Feb 2008 08:15:20 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40756 And this will look even better when Feb. data comes in. Inventory has climbed these past few days quite nicely. Joel - excellent point. I wonder how much longer before the median turns lower. More condos in the market, putting pricing pressure? I assume.....<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40756','Buceri',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40756','Buceri','And this will look even better when Feb. data comes in. Inventory has climbed these past few days quite nicely. \r\n\r\nJoel - excellent point. I wonder how much longer before the median turns lower. More condos in the market, putting pricing pressure? I assume.....',''); return false;">Quote</a></div> And this will look even better when Feb. data comes in. Inventory has climbed these past few days quite nicely.

Joel – excellent point. I wonder how much longer before the median turns lower. More condos in the market, putting pricing pressure? I assume…..

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]]> By: Matthew http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40719 Matthew Tue, 12 Feb 2008 02:00:39 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40719 Awesome job Tim, this is the type of analysis that is really undeniable.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40719','Matthew',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40719','Matthew','Awesome job Tim, this is the type of analysis that is really undeniable.',''); return false;">Quote</a></div> Awesome job Tim, this is the type of analysis that is really undeniable.
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]]> By: patient http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40718 patient Tue, 12 Feb 2008 01:56:15 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40718 Hahaha...sorry off topic but I just got a good laugh! Don't know if we all get the same ads or when they are cycled but I have what must be the perfect Valentine's gift for the Rhodster in the ads on the main bubble page now: "PowerPuff Girl Bubble". I wonder if they come in mens sizes for Mr. Yun..?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40718','patient',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40718','patient','Hahaha...sorry off topic but I just got a good laugh! Don\'t know if we all get the same ads or when they are cycled but I have what must be the perfect Valentine\'s gift for the Rhodster in the ads on the main bubble page now: \"PowerPuff Girl Bubble\". I wonder if they come in mens sizes for Mr. Yun..?',''); return false;">Quote</a></div> Hahaha…sorry off topic but I just got a good laugh! Don’t know if we all get the same ads or when they are cycled but I have what must be the perfect Valentine’s gift for the Rhodster in the ads on the main bubble page now: “PowerPuff Girl Bubble”. I wonder if they come in mens sizes for Mr. Yun..?
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]]> By: johnnybigspenda http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40716 johnnybigspenda Tue, 12 Feb 2008 01:16:09 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40716 CNNMoney.com Home prices in the state of denial Thursday February 7, 5:58 pm ET By Chris Isidore, CNNMoney.com senior writer "Despite numerous reports showing home values in historic decline, more than three out of four homeowners believe their own home has not lost value in the past year, according to an online survey........." http://biz.yahoo.com/cnnm/080207/020708_homeowners_views.html?.v=10&.pf=real-estate hmmm.....<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40716','johnnybigspenda',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40716','johnnybigspenda','CNNMoney.com\r\nHome prices in the state of denial\r\nThursday February 7, 5:58 pm ET \r\n\r\nBy Chris Isidore, CNNMoney.com senior writer\r\n\r\n\"Despite numerous reports showing home values in historic decline, more than three out of four homeowners believe their own home has not lost value in the past year, according to an online survey.........\"\r\n\r\nhttp:\/\/biz.yahoo.com\/cnnm\/080207\/020708_homeowners_views.html?.v=10&.pf=real-estate\r\n\r\nhmmm.....',''); return false;">Quote</a></div> CNNMoney.com
Home prices in the state of denial
Thursday February 7, 5:58 pm ET

By Chris Isidore, CNNMoney.com senior writer

“Despite numerous reports showing home values in historic decline, more than three out of four homeowners believe their own home has not lost value in the past year, according to an online survey………”

http://biz.yahoo.com/cnnm/080207/020708_homeowners_views.html?.v=10&.pf=real-estate

hmmm…..

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]]> By: frede http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40715 frede Tue, 12 Feb 2008 00:39:06 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40715 gotta love the scramble to sell off in august :)<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40715','frede',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40715','frede','gotta love the scramble to sell off in august :)',''); return false;">Quote</a></div> gotta love the scramble to sell off in august :)
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]]> By: The Tim http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40712 The Tim Tue, 12 Feb 2008 00:18:40 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40712 <blockquote>Likewise, all the cranes in Bellevue building new condos could be enough to explain away the inventory spike there.</blockquote> That one definitely wouldn't apply to the spike in Area 530 for two reasons: <ol><li>I'm only looking at single-family homes, condos are totally excluded from the graph.</li><li>530 is only <em>east</em> of 405, so downtown Bellevue isn't even part of that.</li></ol><div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40712','The Tim',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40712','The Tim','<blockquote>Likewise, all the cranes in Bellevue building new condos could be enough to explain away the inventory spike there.<\/blockquote>\r\nThat one definitely wouldn\'t apply to the spike in Area 530 for two reasons:\r\n<ol><li>I\'m only looking at single-family homes, condos are totally excluded from the graph.<\/li><li>530 is only <em>east<\/em> of 405, so downtown Bellevue isn\'t even part of that.<\/li><\/ol>',''); return false;">Quote</a></div>

Likewise, all the cranes in Bellevue building new condos could be enough to explain away the inventory spike there.

That one definitely wouldn’t apply to the spike in Area 530 for two reasons:

  1. I’m only looking at single-family homes, condos are totally excluded from the graph.
  2. 530 is only east of 405, so downtown Bellevue isn’t even part of that.
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]]> By: rose-colored-coolaid http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40710 rose-colored-coolaid Tue, 12 Feb 2008 00:13:18 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40710 When you get to such small numbers of listings, it seems like they might be easily influenced. For instance, if people believe "The Real Seattle" is around Redmond, then it might convince and extra dozen people to buy over the summer. This type of small action could be enough to create short-term skew (like where Redmond looks real strong in August, but only slighter better than the rest of the area now). Likewise, all the cranes in Bellevue building new condos could be enough to explain away the inventory spike there. I'm not suggesting either statement is true, just offer the opinion that these numbers are probably too small to make any sophisticated analysis from. We do see that all areas are trending up in a similar manner though. Which suggests that claims that certain areas will not see bloated inventory are probably false.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40710','rose-colored-coolaid',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40710','rose-colored-coolaid','When you get to such small numbers of listings, it seems like they might be easily influenced.\r\n\r\nFor instance, if people believe \"The Real Seattle\" is around Redmond, then it might convince and extra dozen people to buy over the summer. This type of small action could be enough to create short-term skew (like where Redmond looks real strong in August, but only slighter better than the rest of the area now).\r\n\r\nLikewise, all the cranes in Bellevue building new condos could be enough to explain away the inventory spike there. \r\n\r\nI\'m not suggesting either statement is true, just offer the opinion that these numbers are probably too small to make any sophisticated analysis from. We do see that all areas are trending up in a similar manner though. Which suggests that claims that certain areas will not see bloated inventory are probably false.',''); return false;">Quote</a></div> When you get to such small numbers of listings, it seems like they might be easily influenced.

For instance, if people believe “The Real Seattle” is around Redmond, then it might convince and extra dozen people to buy over the summer. This type of small action could be enough to create short-term skew (like where Redmond looks real strong in August, but only slighter better than the rest of the area now).

Likewise, all the cranes in Bellevue building new condos could be enough to explain away the inventory spike there.

I’m not suggesting either statement is true, just offer the opinion that these numbers are probably too small to make any sophisticated analysis from. We do see that all areas are trending up in a similar manner though. Which suggests that claims that certain areas will not see bloated inventory are probably false.

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]]> By: patient http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40702 patient Mon, 11 Feb 2008 23:18:52 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40702 Nice data, especially to know that if a realtor now claims that an area is doing better it likely still means an inventory increase of about 40% except for Enumclaw that "only" has a 20% increase.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40702','patient',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40702','patient','Nice data, especially to know that if a realtor now claims that an area is doing better it likely still means an inventory increase of about 40% except for Enumclaw that \"only\" has a 20% increase.',''); return false;">Quote</a></div> Nice data, especially to know that if a realtor now claims that an area is doing better it likely still means an inventory increase of about 40% except for Enumclaw that “only” has a 20% increase.
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]]> By: softwarengineer http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40694 softwarengineer Mon, 11 Feb 2008 22:31:13 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40694 THE FORECLOSURE DATA IS EVENLY SPREAD Foreclosures are like pimples, they pop up randomly and evenly in all Seattle neighborhoods. We don't need a graph on that pragmatic fact.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40694','softwarengineer',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40694','softwarengineer','THE FORECLOSURE DATA IS EVENLY SPREAD \r\n\r\nForeclosures are like pimples, they pop up randomly and evenly in all Seattle neighborhoods.\r\n\r\nWe don\'t need a graph on that pragmatic fact.',''); return false;">Quote</a></div> THE FORECLOSURE DATA IS EVENLY SPREAD

Foreclosures are like pimples, they pop up randomly and evenly in all Seattle neighborhoods.

We don’t need a graph on that pragmatic fact.

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]]> By: Joel http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40689 Joel Mon, 11 Feb 2008 22:26:13 +0000 http://seattlebubble.com/blog/2008/02/11/2007-neighborhood-inventory-breakdown/#comment-40689 Looking at area 530 (East Bellevue) shows a huge increase in median selling price, but a closer look shows why the median can be misleading. If you look at SFH and Condos separately you'll notice that closings on SFH stayed the same year over year while condo closings decreased over 50% January. Last January 37 condos were sold vs. 35 SFH (meaning the median selling price probably came from a condo) and this January it was 16 condos vs. 35 SFH (meaning the median selling price almost certainly came from a SFH).<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('40689','Joel',''); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('40689','Joel','Looking at area 530 (East Bellevue) shows a huge increase in median selling price, but a closer look shows why the median can be misleading. If you look at SFH and Condos separately you\'ll notice that closings on SFH stayed the same year over year while condo closings decreased over 50% January. Last January 37 condos were sold vs. 35 SFH (meaning the median selling price probably came from a condo) and this January it was 16 condos vs. 35 SFH (meaning the median selling price almost certainly came from a SFH).',''); return false;">Quote</a></div> Looking at area 530 (East Bellevue) shows a huge increase in median selling price, but a closer look shows why the median can be misleading. If you look at SFH and Condos separately you’ll notice that closings on SFH stayed the same year over year while condo closings decreased over 50% January. Last January 37 condos were sold vs. 35 SFH (meaning the median selling price probably came from a condo) and this January it was 16 condos vs. 35 SFH (meaning the median selling price almost certainly came from a SFH).
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