Let’s take a look at today’s reporting on the May NWMLS numbers. First up: Home prices keep climbing by Mike Benbow of the Everett Herald: Home prices soared again in May, but that didn’t stop significant numbers of buyers. Sales last month did drop by 1 percent in comparison with May 2005, but they still…
Month: June 2006
Inventory Up, Sales Down (Still)
Yes, the May MLS numbers are out. Here are direct links to the full NWMLS stats and the King County "breakouts" (PDFs). So far I’ve seen just one news report on the numbers, a blurb in the Puget Sound Business Journal: Buyers looking for homes near the job centers of Seattle and Bellevue won’t find…
"Inventory is having an impact on prices"
It looks like the "spring selling season" didn’t pull Olympia out of its slump: This year’s larger inventory of South Sound homes for sale might be keeping homes on the market longer and slowing prices down. For the past four months, it has taken longer for homes to sell compared with last year. And for…
For Lack Of More Exciting News
On the one hand, I do tire sometimes of Elizabeth Rhodes’ constant real estate cheerleading. On the other hand, at least it gives us something new to talk about every Saturday, right? Without Ms. Rhodes, all we get are bland neighborhood profiles like this one about the "legacy of Mountlake Terrace." The legacy of Mountlake…
Dead Tree Press For Seattle Bubble
I know you all totally keep on top of all the popular Canadian magazines, so this is probably totally old news to you,* but Seattle Bubble got its first mention in a mainstream dead-tree publication last week, in an article in Maclean’s titled Bubble, bubble, toil and trouble. As with politics, the real-estate blogosphere is…