Seattle Bubble

Redfin rolled out some great new statistical features today that are definitely worth mentioning.
Automated market statistics broken down by city, neighborhood, or zip code, with charts showing inventory, price per square foot, and price reduction trends over the last year.
CEO Glenn Kelman announces the new features in a blog post today:
Redfin released a big, beautiful [...]

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There has been some great stuff coming out of our Seattle-area “alternative” real estate businesses Redfin and Zillow this week that deserve to be mentioned.
First up, Redfin came out with a great paper called Seven Tactics for Real Estate Bargaining. Check out their blog post announcing the study here. They analyzed recent sales [...]

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I have a couple of RSS feeds from real estate sites that I use to monitor listings that might be of interest to me.  They are targeted at a couple of neighborhoods, and focused on homes that are likely to be mid-century modern.  Over the past couple of weeks, I had noted that the volume [...]

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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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Seattle got a little bit of attention in a recent Wall Street Journal story titled Housing Slump Starts to Hit Stronger Cities:
It’s getting harder to hide from the housing bust.
Tight credit, fragile consumer confidence and a weakening economy are slowing sales and depressing prices even in some places — such as the Pacific Northwest and [...]

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Here’s a roundup of some local real estate stories that came out this weekend.

The Times and the P-I give Redfin some free advertising by covering their list of Seven Tactics for Selling Your Home.
According to the Times, local builder Quadrant Homes (owned by Weyerhaeuser) is impervious to the housing market slowdown.
From the sounds of Phuong [...]

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