The Shadow Inventory Myth is Dead

A little over a year ago, I wrote a series of posts in which I argued that “shadow inventory” (foreclosed homes held off the market by the banks) was nearly non-existent. "Shadow Inventory" Conspiracy Theories Are Nonsense Shadow Inventory Gut Feelings, Rumors, & Anecdotes Undocumented Shadow Inventory Scarce in King County Despite all of the […]

How-To: Turn a 1,475 sqft Lot Into a Half-Million-Dollar Home

How-To: Turn a 1,475 sqft Lot Into a Half-Million-Dollar Home

This was spotted by a user over on Reddit’s /r/Seattle. The images below are of 3941 South Brandon Street on Google Street View. 2008: Empty 1,475 square foot lot. 2011: Foundation 2014: 1,687 sqft, 3-bed, 2.5-bath modern home The resulting home sold last June for just under half a million dollars. Here’s the listing description: […]

Cheapest Homes: January 2015 Edition

Cheapest Homes: January 2015 Edition

Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This […]

Top 10 Most-Viewed Posts of 2014

Happy 2015! It’s that time of the year again. Time to kick off a few “Top 10 of 2014″ posts. First up: the most-viewed individual posts published this year. Note of course that this only counts how many times people clicked through to each post’s individual link, excluding all the views they may have received […]

Cheapest Homes: December 2014 Edition

Cheapest Homes: December 2014 Edition

Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This […]

Surefield Expands from 3D Tours in Attack on Commissions

Surefield Expands from 3D Tours in Attack on Commissions

Surefield, the local 3D home tour brokerage launched in April by a pair of Redfin veterans and a former Nvidea tech wizard, is expanding their mission to attack buyer’s agent commissions… from the seller’s side. Here’s an excerpt from their press release: Surefield is dramatically lowering buy-side commissions to bring the U.S. residential real estate […]

Cheapest Homes: November 2014 Edition

Cheapest Homes: November 2014 Edition

Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This […]