Seattle Bubble

Here are a few stories from the last week or so that are worth pointing out.
First up a TV report from KOMO News: “Open House” — sign of the times in Snohomish County
Real estate agents in Snohomish County are now resorting to a “shock treatment” for slouching home sales in their area.
Realtors advertised more than [...]

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Believe it or not, Matt Woolsey is still writing bullish real estate pieces for Forbes (some of his previous work). His latest gem: Top U.S. Real Estate Markets For Investment
Encouraged by a weak dollar and a belief in the resiliency of the U.S. economy, individuals like [Australian dentist Rahul] Reddy, along with institutional investors [...]

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A couple of national outlets have had interesting stories about Redfin in the last few days. Since you’re not likely to read about it in the “we pretend Redfin doesn’t exist” local agent blogs, I thought I’d highlight them here. First up is a New York Times story that claims the bursting of [...]

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I’m a bit confused. Just two weeks ago, Matt Woolsey’s latest real estate list in Forbes placed Seattle as the 8th best real estate market in the country. Now this week, Forbes writer Joshua Lipton pens an article titled Selling Your Home In A Down Market, which highlights the difficulty many people are [...]

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These “top real estate market” lists by Matt Woolsey in Forbes are really starting to seem pointless and repetitive, but I suppose I should at least mention the latest one, since it will probably be proudly touted in local real estate marketing material for the next few months. The latest fill-in-the-blanks list from star [...]

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Forbes just loves to frame their articles around lists. You may recall Seattle showing up frequently on previous such real-estate-related lists, such as Best Places to Flip a Home (#1), Richest Cities In The U.S. (#8), Best Cities For Jobs (#34), and Most Overpriced Places In The U.S. 2005 (#1). Well, lucky us, [...]

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