Seattle Bubble

One of the topics we touched on during yesterday’s Rain City Radio conversation was when and how to catch the bottom of falling house prices.
I’m not personally obsessed with catching the very bottom, but I also am not interested in buying something less than ideal that I can barely afford based solely on a false [...]

[Read more →]

Now that prices are undeniably dropping in Seattle, a common refrain from real estate salespeople is that “you can’t time the bottom,” or “you can’t predict the future,” implying that you should go ahead and just buy now, because we’re probably at or near the bottom already, and if you wait you’ll be sorry.
This is [...]

[Read more →]

I would have posted the reporting roundup on Saturday, but I was out of town for the weekend, and my only Internet access was dial-up (*shudder*). The tone of this month’s reporting isn’t too much different from last month, except that we’ve got a small dose of optimism thanks to a slight spring improvement. [...]

[Read more →]

Please vote in this poll using the sidebar.
This poll will be active and displayed on the sidebar through 04.12.2008.

[Read more →]

Here comes this month’s market reporting roundup. After seven months of declining/flat prices, declining year-over-year sales in 27 of the last 28 months, and 23 straight months of an ever-increasing number of homes on the market, I think we can officially declare that the Seattle-area housing market is in a slump. Of course, [...]

[Read more →]

It’s time for another reporting roundup. Let’s see what the local newspapers have to say about January’s not-so-positive numbers from the NWMLS. Will they claim that the market “bottoming out” and about to jump into full recovery mode? Or maybe they have finally come to accept the fact that Seattle will not [...]

[Read more →]