By The Tim on June 28, 2012
It’s been two years since we last took a look at the local housing oversupply. This week the Washington State Office of Financial Management released their 2012 population and housing supply estimates, so let’s update those charts. Here’s an updated chart of housing supply (total housing units) and demand (total households) for the 3-county Puget [...]
Posted in Counties, Features, Statistics | Tagged construction, demand, occupancy, OFM, oversupply, population, supply
By The Tim on January 24, 2012
A few weeks ago I linked to Urbnlivn’s follow-up with Mike Davidson regarding his custom-built home near Discovery Park, mentioned on these pages back in 2009: Q&A with A House By The Park Today Mike posted his own follow-up on his own site that’s well worth reading: A Year And A Half After Moving In [...]
Posted in Features | Tagged construction, custom home, Davidson, DIY
By The Tim on September 22, 2011
A reader emailed me an interesting observation/question in response to yesterday’s discussion of Seattle’s cheap, ugly townhomes. There’s a trio of townhouses very near where I live. They’re interesting because they lay partially framed for (if I’m recalling correctly) more than a year and a half — at least through one Winter/Spring. They actually have [...]
Posted in Features | Tagged construction, reader_question, townhomes, townhouse, Zillow
By The Tim on August 24, 2011
A reader requested that I run an update of the post I put together a year ago: Is New Construction Getting Cheaper or Just Smaller? Here are the updated charts comparing the size and price per square foot of new construction and re-sales since April 2009: As you might expect, new construction continues to be [...]
Posted in Counties, Statistics | Tagged construction, new-construction
By The Tim on August 27, 2010
Yesterday in response to the story about the vanishing new construction price premium, reader “nwerner” commented: You should also do your analysis on a per SF basis if you haven’t already. The square footage of new construction has dropped considerably, in the range of 20 to 25 percent. Your second comment, re: lower lot prices [...]
Posted in Counties, Statistics | Tagged construction, new-construction
By The Tim on August 26, 2010
I was playing around with the sales data I’ve downloaded since April of last year when I noticed a noteworthy trend in the sales of new construction. If you split each month’s sales into new construction and re-sales, then look at the median prices of each group separately, an interesting pattern emerges. What I’ve plotted [...]
Posted in Counties, Statistics | Tagged construction, new-construction
