As a follow-on to Tim’s post yesterday about the practice of relisting properties, here is a look at what has been happening to inventory over the past few years, and how the trends have changed over time. The questions “what is happening with all of those listings” and “how many sellers just give up?” have…
Month: February 2008
Shady Practice of Relisting Gets National Attention
A few people pointed out this national story that ran on last night’s Nightline: Buyer Beware: Unsold Homes Are Often ‘Re-listed’. It’s a tactic called “re-listing,” which is legal and more common than you think. “Re-listing is just refreshing the home on the market,” Niece explained, “making the home look like it just came on…
Vote for Seattle Bubble Yet Again!
It’s time again for me to come begging for votes in the Metroblogging Seattle blog tournament. We’re in a close race in the quarterfinal, but I think we can win it. I’m not so sure of our chances should we make it to the next round, but we’ll cross that bridge when we come to…
Realtors: Want to know why many people don’t trust you?
If you want to know why people don’t tend to trust real estate agents, here’s a great example from a Q&A with Bill Hutchinson, president of the Thurston County Realtors Association in The Olympian: Q: Given where the market is today compared with a couple of years ago, what would your advice be for sellers…
Radar Logic: Seattle Going Into the Red
Uh-oh, looks like Seattle is starting to get some negative national attention. As in, coverage that isn’t saying “wow, look what a strong, resilient housing market,” but rather “looks like Seattle’s housing market is poised to fall.” Seattle, wake up and smell the coffee, your housing prices may be falling faster than foam on a…