Group Project

edited June 2007 in Seattle Real Estate
Pop quiz: What happens to a market when 80% of the demand evaporates?

I did a public records survey of SFR sales in my neighborhood in the last 12 months. While I only have data on 10 sales, my results showed 8/10 of the sales were to investors -- people who owned more than one house at a time.

I am very curious how that number holds up with more sales data. Gathering the data is a pretty time consuming process. I don't really want to do a large number of houses on my own.

Is anyone interested in working with me? I can create a Google spreadsheet online and share editing capability with some people.

Maybe we could look at some of the areas that D.J.O. including in his Map of Doom. I was thinking Ballard might be a fun first target. If anyone has access to MLS and can provide a list of properties by area it would be very helpful.

If you are interested, please private message me with a gmail email address and the area you would prefer to look at first.

Comments

  • Alan -
    Good idea. One clarification, you may already know this - but my spreadsheet categories cover the entire MLS areas - so what I labed Ballard was NW, Northgate was NE, etc.

    Just wanted to make sure I was clear.

    LMK if you want the spreadsheet with that data in it.

    D
  • Do you have the addresses of sales by region, DJO?
  • Alan, give the guy a break.

    The tighter numbers are sliced and diced the lest predictive the result..
  • Do you have the addresses of sales by region, DJO?
    Alan -
    No - I just pulled the area data out of the MLS PDFs. I don't have access to MLS.

    That's about as granular as I have seen

    FWIW, I think downtown might be your best bang for buck. Fewer units, more infestors.
  • Good idea, Deejayoh.
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