By The Tim on February 21, 2013
Here’s a view on listings that we haven’t visited in a while. In this chart I use the NWMLS-published data on new listings, pending sales, and total inventory to visualize the inflow and outflow of single-family listings in King County. First up is a chart that goes back as far as NWMLS data is available: [...]
Posted in Counties, Statistics | Tagged delisting, listings, new listings, NWMLS, stale listings
By The Tim on February 18, 2013
A friend of mine who lives in one of Seattle’s more popular neighborhoods (e.g. Ballard / Phinney Ridge / Green Lake / Ravenna) sent me this “cold call” letter that he received in the mail recently (I’ve removed personally identifying information): To Whom It May Concern: For Sale Sign? I am writing to inquire simply [...]
Posted in Features | Tagged cold call, homeowner, inventory, letter, listings
By The Tim on August 22, 2012
Full disclosure: The Tim is employed by Redfin. On Monday I posted the results of a new quarterly survey of home sellers that we’re doing at Redfin. This part in particular stood out to me as I was analyzing the responses: …when asked how they approach pricing their home 32% of sellers indicated that they [...]
Posted in Features | Tagged listings, overvalued, price drops, Redfin, sellers, survey
By The Tim on August 14, 2012
When inventory completely failed to experience the usual new year bump in January, and listings continued to decline through February, March, April, and May, I had hoped that once the “spring buying season” wore off that we might start to see inventory increase a little in the second half of the year before the usual [...]
Posted in Features | Tagged inventory, listings, Redfin