Cleaning House, Working on Updates

Hey, just a quick note to let you know that I’m working on cleaning house here. This includes completely disabling and hiding comments, which have gotten totally out of control and frankly do not add value to the site. It’s possible I may come up with some solution to add comments again in the future, but for now, they’re completely disabled.

If you want to share some thoughts with me, feel free to drop me a line directly via the contact form, or if you feel the need for the whole world to see your thoughts, we can have a public conversation on Twitter.

I’m also working on updating my data, and will work on posting new updates here at least once a week. The market is still pretty crappy for homebuyers, but things are at least sort of changing a little bit in the last few weeks.

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Around the Sound: Still a dismal market for buyers everywhere

Let’s take a look at our stats for the local regions outside of the King/Snohomish core. Here’s your October update to our “Around the Sound” statistics for Pierce, Kitsap, Thurston, Island, Skagit, and Whatcom counties…

NWMLS: Strongest October ever for closed sales

October market data from the NWMLS is available. Here’s what happened last month in the Seattle-area housing market: Home prices and pending sales fell slightly, but closed sales rose to the highest level ever seen during an October—over 3,000 sales.

“Affordable” home price shot up 33% in less than two years

The “affordable” home price has shot up from $530,359 in November 2018 to an all-time high of $706,800 as of August. The current “affordable” home price in King County would have a monthly payment of $2,365…

NWMLS: Pending sales hit an all-time high in August

August market stats were published by the NWMLS on Friday before the holiday weekend. The King County median price of single-family homes rose over 10 percent year-over-year for the first time since May of 2018. Inventory is way down from a year ago, and pending sales climbed to an all-time record high