There were a couple of stories in the Seattle Times over the weekend pertaining to the health of the local economy. The first was an article on the commercial real estate market, highlighting a forecast for falling rents.
Commercial real-estate brokers James Keating and Sean Barnes have one word of advice for their clients looking to [...]
Over the weekend, the Seattle Times published an article titled Bad real-estate loans stack up for smaller local banks, about the exposure local banks have to real estate loans. The gist of the article was that many local banks, squeezed out of the mortgage business by the likes of WaMu and Countrywide, had doubled down [...]
Many of you are aware of the “Residential Property Index” published for the top 25 MSAs by Radar Logic. Radar Logic has a similar business model to MacroMarkets with the Case-Shiller Index (e.g., creating housing-based contracts to be traded on a futures market) but there are some key differences in the way that they calculate [...]
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?” [...]
As a follow on to Tim’s post yesterday about December stats – the thing that jumped out at me from his post was the growth in inventory. Given that there have been a few comments on the blog about home sales picking up, I thought a data-driven look at what is happening with [...]
In my perusals of real-estate blogs this morning, I ran across a link to Housing Predictor, a site which has recently published a forecast for the top and worst performing housing markets in 2008. Housing Predictor describes their business as follows:
We examine more than 20 micro market characteristics in each market place, including income levels, [...]
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