By The Tim on April 24, 2008
In theory, there are two factors that affect the price of homes: supply and demand. We’ve looked extensively at the relationship between supply (inventory) and price in the past. Let’s take a look at the relationship between demand and price.
For the purpose of this post, we will measure demand by looking at the [...]
Posted in Statistics | Tagged demand, NWMLS, population, Statistics
By The Tim on November 19, 2007
While I was enjoying a relaxing weekend with my visiting brother-in-law, playing a copious amount of Xbox 360 and Wii games, the local press was going into overdrive with the real estate booster articles. It’s not worth my time or yours to have separate posts for each of them, so here is a link [...]
Posted in News | Tagged Benbow, Cohen, condos, construction, Crellin, Everett_Herald, link_roundup, population, Rhodes, Seattle_PI, Seattle_Times, Williams Marketing
By The Tim on November 8, 2007
Since I was on KING 5 News last night and KOMO 1000 radio this morning*, I thought it would be good to write up a slightly more detailed post aimed at answering the question: “What is Seattle Bubble about?” So, here’s a summary of the important points.
The Bottom Line: Now is not a good [...]
Posted in Audio & Video, Features | Tagged administrative, Audio & Video, fundamentals, income, job_growth, KOMO, population, rent
By deejayoh on October 16, 2007
Continuing The Tim’s trend of quick posts, I thought I would add this to the flurry of news today. King5 ran a news piece last night that is summarized in this article, entitled Home sellers upping incentives in crowded market
The piece quotes Reba Haas, one of the contributors over at Rain City Guide. [...]
| Tagged anecdote, King5, population, real_estate_professionals
By The Tim on June 26, 2007
Ahh, Les Christie of CNN Money—the perfect national companion to our local captain of the real estate cheerleading squad, Elizabeth Rhodes. Where would we be without your frequent reports reminding everyone across the country just how special Seattle is?
In the middle of a nationwide housing slump, a few markets have held their ground – [...]
| Tagged CNNMoney, fundamentals, job_growth, population, Seattle_is_special
By The Tim on March 28, 2007
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Let’s play a game. It’s called “Spot the Fundamentals,” and the way we play it is by looking at some of the “fundamentals” to figure out which ones are responsible for our area’s high home prices.
The frequent condescending argument [...]
| Tagged fundamentals, income, job_growth, population
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