Seattle Bubble Forum Archive

by **Lionel** » Mon Jul 02, 2007 2:17 pm

http://www.housingtracker.net/askingpri ... -Bellevue/

How high can this reasonably go?

by **Lionel** » Mon Jul 02, 2007 2:19 pm

Oops. 18,727. Sorry about that.

by **deejayoh** » Mon Jul 02, 2007 2:31 pm

Hey - How about a pool?!?!?

Whoever comes closest to guessing the maximum inventory for Seattle as reported by Housingtracker.net wins, and the tiebreaker is the date....

I've got 22,100

Date: 10/15/07 (pick a monday)

by **S-Crow** » Mon Jul 02, 2007 6:37 pm

by **deejayoh** » Mon Jul 02, 2007 8:18 pm

by **Alan** » Mon Jul 02, 2007 9:18 pm

King County
December 2008
SFR
30,000

Although I don't put much confidence in my prediction.

by **Brian in Seattle** » Mon Jul 09, 2007 4:44 pm

Lol, i think the data on housingtracker.net somehow got skewed...

a whopping 12,037 homes were sold from 7/2/07 to 7/9/07..WE ARE SPECIAL!!!!! :lol:

by **dr. eyoshnay** » Mon Jul 09, 2007 4:49 pm

You beat me to it! Someone over at housing tracker must be drunk on kool-aid
seattle inventory:

07/02/2007 18,727
07/09/2007 6,690 !!????????

by **Eleua** » Mon Jul 09, 2007 4:52 pm

Did someone leave a 2 off the front end of the recent numbers?

I don't buy the stat. There has to be a typo error.

by **Brian in Seattle** » Mon Jul 09, 2007 4:55 pm

It will be interesting to see how fast it gets fixed. Amusing though.

by **sid** » Mon Jul 09, 2007 7:26 pm

by **finance** » Tue Jul 10, 2007 6:23 am

Wheres Meshugy when you need him, lol.

It probably was a typo for the inventory numbers, however if you did put a 1 in front of the 6,690 it would be in the right ball park and would support the large increases in the 25th 50th & 75% percentiles...

In the past two weeks I have personally witnessed 2 houses sell within a day and for or over asking...the sellers were surprised. Also a good Real Estate agent friend (a quality one, really they exist) said that the last two weeks have been really good since Interest rates dipped by 25 bps at the end of June (when I locked in for my refi, and the rates jumped significantly the next day, boo ya baby!).

The counter side to this is that if rates really dipped for a week then went up significantly...so I can only conclude that the inventory numbers will move up in huge chunks once this flows through the market (takes ~30 days to get a transaction closed).

At least this is the best explanation for having 16,690 houses for sale (a decline in inventory).

by **biliruben** » Tue Jul 10, 2007 6:36 am

Don't get all excited that the market's continuing up up up, and your condo's now worth six gazillion dollars, finance.

It's not a typo. They don't type in these numbers. It's obviously a feed, and their is something wrong with the feed.

Their more narrow numbers using their old methodology are also showing only a 3rd or so of the correct inventory.

Maybe when you hit 20K exactly, you go back to zero.

by **deejayoh** » Tue Jul 10, 2007 7:19 am

by **Matthew** » Tue Jul 10, 2007 9:19 am

Seattle Bubble Forum Archive

18,725

18,725

maybe there is no mistake

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