Poll: What’s your February KC SFH Sales Prediction?

Please vote in this poll using the sidebar.

What's your February KC SFH Sales Prediction (2007: 2,375)?

  • Down 50% or more (<1,188) (6%, 11 Votes)
  • Down 30-50% (1,188-1,662) (35%, 69 Votes)
  • Down 15-30% (1,663-2,019) (28%, 55 Votes)
  • Down 0-15% (2,020-2,375) (26%, 51 Votes)
  • Up 0-15% (2,376-2,731) (6%, 12 Votes)

Total Voters: 198


This poll will be active and displayed on the sidebar through 03.01.2008.


About The Tim

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.

10 comments:

  1. 1
    Alan says:

    I think the super low mortgage rates available this month are going to give February a boost.

  2. 2
    S-Crow says:

    Agreed Alan. I’ve watched some properties that have been on the market for well over a year and they have sold signs up.

  3. 3
    deejayoh says:

    I think the super low mortgage rates available this month are going to give February a boost.

    not sure that makes sense to me Rates have been moving up all montha and are higher than they were in January.
    http://www.bankrate.com/brm/graphs/graph_trend.asp?tf=91&ct=Line&prods=1&gs=275,250&st=WA&c3d=False&web=brm&cc=1&prodtype=M&bgcolor=&topgap=&bottomgap=&rightgap=&leftgap=&seriescolor=

  4. 4
    deejayoh says:

    oh – and FWIW, Ardell is reporting over on RCG that sales are off 32% vs last Feb. If that’s accurate, then sales would be ~1600. IIRC, her stats are a bit different than how they are defined by NWMLS – but it’s useful info nonetheless.

    http://www.raincityguide.com/2008/02/24/sunday-night-stats-3/

  5. 5
    singliac says:

    I think it’s supposed to say <1188

  6. 6
    Alan says:

    A few weeks ago, Rhonda P. was posting on RCG that 30 fixed was available below 5%.

    http://www.raincityguide.com/2008/01/24/lock-it-or-lose-it/

    Oh, I guess that was at the end of January.

    I wonder how many of the sales from that dip will bleed into February.

  7. 7

    Alan,
    i’m not sure that the 5% interest rate resulted in much of an increase in sales at all,, but from what my escrow pals tell me, it did result in a helluva lot of refinances.

  8. 8
    The Tim says:

    I think it’s supposed to say <1188

    Doh, you’re right. Fixed.

  9. 9
    The Tim says:

    Looks like Seattle Bubble’s hive mind guessed the correct range. Final sales came in at 1,609, down 32%.

  10. 10
    deejayoh says:

    Wow. Per my comment in #4, score one for Ardell!

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