Matthew Gardner: “It’s not a housing bubble”

I’m still not really sure whether or not we’re in the midst of another housing bubble in the Seattle area, but here’s a strong sign that we might be: Local real estate cheerleader and permabull Matthew Gardner is loudly proclaiming that “No, it’s not a housing bubble.” No, we’re not in a housing bubble. Now […]

August Reporting Roundup: “The Market Just Totally Sucks”

We’ve got fewer articles than usual this month for our reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). With the holiday weekend, I waited an extra day to see […]

May Reporting Roundup: Inventory Increase Edition

It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Competition among […]

July Reporting Roundup: Summer Yawn-Fest Edition

It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Multiple offers […]

September Reporting Roundup: Motivated Buyers Edition

It’s time once again for the monthly reporting roundup, where you can read my wry commentary about the news instead of subjecting yourself to boring rehashes of the NWMLS press release (or in addition to, if that’s what floats your boat). To kick things off, here’s an excerpt from the NWMLS press release: Northwest MLS […]

Friday Flashback: “We’re Protected” from the Bubble

Here’s a gem of an article from the Seattle Times, December 2006: Looking ahead: The sky isn’t falling for the Puget Sound market What will 2007 bring? Here’s what Seattle real-estate experts are saying. … So much for any bubble bursting this year. Gardner doesn’t see that happening next year, either. “This bubble lunacy is […]

Friday Flashback: “Seattle isn’t like other cities.”

Time for another Friday Flashback! Today’s flashback comes at you from February 2007, as the Seattle Times declared 2007 to be “The year of the condo in downtown Seattle” (emphasis mine). [Condo developer David] Thyer insists that Seattle isn’t like other cities, where developers are struggling with an oversupply of new condos. There’s a demand […]